Navios Maritime Partners L.P. (NMM)

Market Cap	1.75B
Revenue (ttm)	1.31B
Net Income (ttm)	397.00M
Shares Out	30.56M
EPS (ttm)	12.93
PE Ratio	4.43
Forward PE	4.13
Dividend	$0.20 (0.35%)
Ex-Dividend Date	Aug 9, 2024

Volume	370,843
Open	56.66
Previous Close	54.67
Day's Range	55.45 - 57.57
52-Week Range	21.18 - 57.57
Beta	1.97
Analysts	Strong Buy
Price Target	80.00 (+39.57%)
Earnings Date	Oct 31, 2024

About NMM

Navios Maritime Partners L.P. owns and operates dry cargo vessels in Asia, Europe, North America, and Australia. The company offers seaborne transportation services for a range of liquid and dry cargo commodities, including crude oil, refined petroleum, chemicals, iron ore, coal, grain, fertilizer, and containers, as well as charters its vessels under short, medium, and longer-term charters. Navios Maritime Partners L.P. was founded in 2007 and is based in Monaco.

• Industry: Marine Shipping
• Sector: Industrials
• IPO Date: Nov 13, 2007
• Employees: 186
• Stock Exchange: NYSE
• Ticker Symbol: NMM
• Website: https://www.navios-mlp.com

Financial Performance

In 2023, NMM's revenue was $1.31 billion, an increase of 7.96% compared to the previous year's $1.21 billion. Earnings were $433.65 million, a decrease of -25.14%.

Analyst Forecast

According to one analyst, the rating for NMM stock is "Strong Buy" and the 12-month stock price forecast is $80.0.

Price Target

$80.0

(39.57% upside)

Analyst Consensus: Strong Buy