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Navios Maritime Partners NYSE:NMM Stock Report

Last Price

US$43.85

Market Cap

US$1.3b

7D

4.4%

1Y

92.7%

Updated

24 Apr, 2024

Data

Company Financials +

Navios Maritime Partners L.P.

NYSE:NMM Stock Report

Market Cap: US$1.3b

Navios Maritime Partners L.P. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Navios Maritime Partners
Historical stock prices
Current Share PriceUS$43.85
52 Week HighUS$45.88
52 Week LowUS$19.23
Beta2
1 Month Change1.01%
3 Month Change51.89%
1 Year Change92.66%
3 Year Change32.08%
5 Year Change200.82%
Change since IPO-84.81%

Recent News & Updates

Navios Maritime Partners: Undervalued In A Booming Shipping Industry, Buy

Feb 28

Recent updates

Navios Maritime Partners: Undervalued In A Booming Shipping Industry, Buy

Feb 28

Navios Maritime Partners: Will Activist Letter, Improved Alignment, And Strong Markets Drive Returns?

Dec 05

Navios Maritime Partners: Wait Until Measures Yield Results

Nov 24

Navios Maritime Partners: Strong Quarter Results Amid Challenging Logistical Market

Sep 08

Navios Maritime: Shares Undervalued While Earnings Growth Ebbs, Technical Risks Ahead

Jun 20

Navios Maritime Holdings: Sell On Lack Of Catalysts And Tangible Value

May 25

Navios Maritime Q4 2022 Earnings Preview

Feb 20

Navios Maritime Partners Has Corporate Governance Issues, But One Of The Best Values Available

Jan 24

Navios Maritime Non-GAAP EPS of $3.68 misses by $0.48, revenue of $322.39M

Nov 10

Navios Maritime declares $0.05 dividend

Oct 26

Navios Maritime Partners Embarks On Modernization Amid Demand Tailwinds

Sep 14

Navios Maritime Partners: A Case Of Massive Undervaluation

Sep 03

Navios Maritime Partners: The Best Shipping Platform, By Far

Aug 09

Navios Maritime Q2 2022 Earnings Preview

Jul 27

Navios Maritime Partners: Market Overly Pessimistic, Trading At A Discount

Jul 14

Navios Maritime Holdings: Near-Term Debt Maturities Unlikely To Be An Issue

May 03

Navios Maritime Partners: A Multibillion Shipping Empire In The Making

Feb 20

Navios Maritime Holdings - Bail-Out Terms To Result In Angeliki Frangou Regaining Full Control Of Her Shipping Empire

Dec 16

Navios Maritime Partners: One Billion Dollars To Enter A Fading Industry

Sep 17

Navios Version 2.0 Starting To Take Shape

Aug 27

Navios Maritime Partners: Too Cheap To Ignore

Aug 13

Navios Maritime Partners: Activist Investor Calls Out Management And Demands Substantial Changes

Jul 23

Navios Maritime Partners Should Trade Above $40

Jul 06

Navios Holdings: Mispricing Amid Undervaluation

Jun 15

Navios Maritime goes ex-dividend on Monday

May 07

The New Navios Partners - My Favorite Play For The Supercycle

Jan 31

Navios Maritime Partners and Navios Maritime Containers lock merger deal; shares +7% PM

Jan 04

Shareholder Returns

NMMUS ShippingUS Market
7D4.4%4.1%1.2%
1Y92.7%33.4%24.9%

Return vs Industry: NMM exceeded the US Shipping industry which returned 33.7% over the past year.

Return vs Market: NMM exceeded the US Market which returned 24.7% over the past year.

Price Volatility

Is NMM's price volatile compared to industry and market?
NMM volatility
NMM Average Weekly Movement6.4%
Shipping Industry Average Movement4.3%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

Stable Share Price: NMM's share price has been volatile over the past 3 months.

Volatility Over Time: NMM's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2007n/aAngeliki N. Frangouwww.navios-mlp.com

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.

Navios Maritime Partners L.P. Fundamentals Summary

How do Navios Maritime Partners's earnings and revenue compare to its market cap?
NMM fundamental statistics
Market capUS$1.30b
Earnings (TTM)US$433.65m
Revenue (TTM)US$1.31b

3.1x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NMM income statement (TTM)
RevenueUS$1.31b
Cost of RevenueUS$229.68m
Gross ProfitUS$1.08b
Other ExpensesUS$643.56m
EarningsUS$433.65m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)14.08
Gross Margin82.43%
Net Profit Margin33.18%
Debt/Equity Ratio32.4%

How did NMM perform over the long term?

See historical performance and comparison

Dividends

0.5%

Current Dividend Yield

1%

Payout Ratio
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