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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/21/2022 | $40.00 | Buy | Jefferies |
| 4/27/2022 | $55.00 | Buy | Jefferies |
Jefferies initiated coverage of Navios Maritime Partners with a rating of Buy and set a new price target of $40.00
Jefferies resumed coverage of Navios Maritime Partners with a rating of Buy and set a new price target of $55.00
Citigroup reiterated coverage of Navios Maritime Partners with a rating of and set a new price target of $21.00 from $7.50 previously
Wall Street is experiencing a subdued trading session, with all major indices showing minimal movement around midday in New York. The latest producer inflation data provided mixed signals ahead of the highly anticipated consumer inflation report on Wednesday. Fed Chair Jerome Powell reiterated his outlook that U.S. monetary policy will maintain its current rate for a longer period than previously anticipated, dismissing fears of new rate hikes. President Joe Biden announced significant tariffs on Chinese imports, imposing 25% on steel and aluminum, 100% on electric vehicles made in China, 25% on EV batteries, and a 50% tariff on semiconductors from China. The U.S. dollar index (DXY)
Navios Maritime Partners (NYSE:NMM) reported quarterly earnings of $2.32 per share which beat the analyst consensus estimate of $2.00 by 16 percent. This is a 8.92 percent increase over earnings of $2.13 per share from the same period last year. The company reported quarterly sales of $318.555 million which beat the analyst consensus estimate of $303.094 million by 5.10 percent. This is a 2.92 percent increase over sales of $309.522 million the same period last year.
Gainers Roma Green Finance (NASDAQ:ROMA) stock moved upwards by 11.3% to $1.47 during Wednesday's after-market session. The company's market cap stands at $15.3 million. Solidion Technology (NASDAQ:STI) stock moved upwards by 9.35% to $0.59. The company's market cap stands at $48.4 million. Navios Maritime Partners (NYSE:NMM) shares increased by 6.87% to $38.88. The company's market cap stands at $1.1 billion. FiscalNote Holdings (NYSE:NOTE) stock increased by 4.52% to $2.08. The market value of their outstanding shares is at $270.3 million. Wheels Up Experience (NYSE:UP) shares increased by 3.27% to $2.84. The company's market cap stands at $1.9 billion. Greenwave Tech Solns (NASDAQ:G
Revenue: $ 340.8 million for Q3 2024$1,001.5 million for 9M 2024 Net Income: $ 97.8 million for Q3 2024$ 272.6 million for 9M 2024 Earnings per common unit: $ 3.20 for Q3 2024$ 8.87 for 9M 2024 Net cash from operating activities: $ 142.6 million for Q3 2024$ 368.6 million for 9M 2024 EBITDA: $ 196.6 million for Q3 2024$ 559.8 million for 9M 2024 Returning capital to unitholders: 351,125 common units repurchased in 2024 (through October 29, 2024) for $18.3 million$0.05 per unit cash distribution for Q3 2024; $0.20 per unit annualized Sales and purchases in Q3 – Q4 2024 QTD: $ 212.0 million acquisition of two newbuilding containerships$ 25.9 million gross sal
MONACO, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Navios Maritime Partners L.P. ("Navios Partners") (NYSE:NMM) announced today that it will host a conference call on Tuesday, November 5, 2024 at 8:30 am ET, at which time Navios Partners' senior management will provide highlights and commentary on earnings results for the third quarter and nine months ended September 30, 2024. The Company will report results for the third quarter and nine months ended September 30, 2024, prior to the conference call. A supplemental slide presentation will be available on the Navios Partners website atwww.navios-mlp.com under the "Investors" section at 8:00 am ET on the day of the call. Conference Call details:Cal
Revenue: $342.2 million for Q2 2024$660.7 million for H1 2024 Net Income: $101.5 million for Q2 2024$174.8 million for H1 2024 Earnings per common unit: $3.30 for Q2 2024$5.68 for H1 2024 Net cash from operating activities: $131.5 million for Q2 2024$225.9 million for H1 2024 EBITDA: $197.0 million for Q2 2024$363.2 million for H1 2024 Returning capital to unitholders: 197,148 common units repurchased through August 12, 2024 for $9.7 million$0.05 per unit cash distribution for Q2 2024; $0.20 per unit annualized Sales and purchases in Q2 – Q3 2024 QTD: $501.1 million acquisitions of seven vessels$64.6 million gross sale proceeds from sale of three vesselsFour newbuilding vessels delivered $
MONACO, March 24, 2023 (GLOBE NEWSWIRE) -- Navios Maritime Partners L.P. ("Navios Partners" or the "Company") (NYSE:NMM), an international owner and operator of dry cargo and tanker vessels, announced today the appointment of Vassilios Mouyis to its Board of Directors replacing Orthodoxia Zisimatou who is retiring. Mr. Mouyis has over 34 years of experience in the shipping industry and is the co-founder of Doric Shipbrokers S.A., a ship brokering firm where he serves as a managing director. Previously, Mr. Mouyis served as a chartering broker at Clarkson's Plc South African office, Board Member of Navios Maritime Midstream Partners L.P. and Board Member of Navios Maritime Containers L.P.
Stratos Desypris to Chief Operating OfficerErifili Tsironi to Chief Financial Officer MONACO, Nov. 04, 2021 (GLOBE NEWSWIRE) -- Navios Maritime Partners L.P. ("Navios Partners") (NYSE:NMM), an international owner and operator of dry cargo and tanker vessels, announced today Senior Leadership changes with the promotion of Stratos Desypris to the position of Chief Operating Officer and the appointment of Erifili Tsironi to the position of Chief Financial Officer. Mr. Desypris joined Navios Group in 2006 and served as Chief Financial Officer of Navios Partners since 2010. While at Navios Partners, he led a number of initiatives including mergers, acquisitions and financing transactions. Mr.
SC 13D/A - Navios Maritime Partners L.P. (0001415921) (Subject)
SC 13D/A - Navios Maritime Partners L.P. (0001415921) (Subject)
SC 13D/A - Navios Maritime Partners L.P. (0001415921) (Subject)
6-K - Navios Maritime Partners L.P. (0001415921) (Filer)
6-K - Navios Maritime Partners L.P. (0001415921) (Filer)
6-K - Navios Maritime Partners L.P. (0001415921) (Filer)
Revenue: $ 340.8 million for Q3 2024$1,001.5 million for 9M 2024 Net Income: $ 97.8 million for Q3 2024$ 272.6 million for 9M 2024 Earnings per common unit: $ 3.20 for Q3 2024$ 8.87 for 9M 2024 Net cash from operating activities: $ 142.6 million for Q3 2024$ 368.6 million for 9M 2024 EBITDA: $ 196.6 million for Q3 2024$ 559.8 million for 9M 2024 Returning capital to unitholders: 351,125 common units repurchased in 2024 (through October 29, 2024) for $18.3 million$0.05 per unit cash distribution for Q3 2024; $0.20 per unit annualized Sales and purchases in Q3 – Q4 2024 QTD: $ 212.0 million acquisition of two newbuilding containerships$ 25.9 million gross sal
MONACO, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Navios Maritime Partners L.P. ("Navios Partners") (NYSE:NMM) announced today that it will host a conference call on Tuesday, November 5, 2024 at 8:30 am ET, at which time Navios Partners' senior management will provide highlights and commentary on earnings results for the third quarter and nine months ended September 30, 2024. The Company will report results for the third quarter and nine months ended September 30, 2024, prior to the conference call. A supplemental slide presentation will be available on the Navios Partners website atwww.navios-mlp.com under the "Investors" section at 8:00 am ET on the day of the call. Conference Call details:Cal
MONACO, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Navios Maritime Partners L.P. ("Navios Partners") (NYSE:NMM), announced today that its Board of Directors has declared a cash distribution of $0.05 per unit for the quarter ended September 30, 2024. This distribution represents an annualized distribution of $0.20 per unit. The cash distribution will be payable on November 15, 2024 to unit holders of record as of November 12, 2024. About Navios Maritime Partners L.P.Navios Partners (NYSE:NMM) is an international owner and operator of dry cargo and tanker vessels. For more information, please visit our website at www.navios-mlp.com. Forward-Looking StatementsThis press release contains and will co