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 dry cargo commodities, including iron ore, coal, grain, fertilizers, and containers, as well as charters its vessels under medium to long-term charters. As of March 24, 2021, it operated a fleet of 52 vessels. Olympos Maritime Ltd. serves as the general partner of Navios Maritime Partners L.P. The company was founded in 2007 and is based in Monaco.
IPO Year: 2007
Exchange: NYSE
Website: navios-mlp.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
7/21/2022 | $40.00 | Buy | Jefferies |
4/27/2022 | $55.00 | Buy | Jefferies |
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
NEW YORK, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Senior executives from leading shipping companies will participate on panels at Capital Link's 16th Annual New York Maritime Forum, taking place on Tuesday, October 15, 2024, at the Metropolitan Club in New York City. The event is organized in partnership with DNB, and in cooperation with Nasdaq and NYSE. Registration is complimentary for institutional investors and shipping companies. FORUM OVERVIEW AND STRUCTURE The New York Maritime Forum (NYMF) is both an investment and an industry conference that provides a platform for investors, financiers, cargo owners and shipowners to discuss the latest developments in the global shipping, energy and
NEW YORK, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Senior executives from leading shipping companies will participate on panels at Capital Link's 16th Annual New York Maritime Forum, taking place on Tuesday, October 15, 2024, at the Metropolitan Club in New York City. The event is organized in partnership with DNB, and in cooperation with Nasdaq and NYSE. Registration is complimentary for institutional investors and shipping companies. FORUM OVERVIEW AND STRUCTURE The New York Maritime Forum (NYMF) is both an investment and an industry conference that provides a platform for investors, financiers, cargo owners and shipowners to discuss the latest developments in the global shipping, energy an
Tuesday, September 10, 2024 at the BMA House in London, UK NEW YORK, Aug. 28, 2024 (GLOBE NEWSWIRE) -- The 16th Annual Capital Link Shipping & Marine Services Forum will take place on Tuesday, September 10, 2024 from 8:00 AM to 5:30 PM at the BMA House in London. ABS is the Lead Sponsor of the Forum. This event aims to provide investors and industry participants with a comprehensive review and current outlook of the various shipping markets and in addition, cover topics of critical interest to industry participants, financiers and investors. 1x1 MEETINGS FOR INSTITUTIONAL INVESTORSMeetings are available only between institutional investors and company management. Please send all reques
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, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Navios Maritime Partners L.P. ("Navios Partners") (NYSE:NMM) announced today that it will host a conference call on Tuesday, August 20, 2024 at 8:30 am ET, at which time Navios Partners' senior management will provide highlights and commentary on earnings results for the second quarter and six months ended June 30, 2024. The Company will report results for the second quarter and six months ended June 30, 2024, prior to the conference call. A supplemental slide presentation will be available on the Navios Partners website at www.navios-mlp.com under the "Investors" section at 8:00 am ET on the day of the call. Conference Call details:Call Date/Tim
MONACO, July 25, 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 June 30, 2024. This distribution represents an annualized distribution of $0.20 per unit. The cash distribution will be payable on August 14, 2024 to unit holders of record as of August 9, 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 contain forw
Revenue: $318.6 million for Q1 2024 Net Income: $73.4 million for Q1 2024 Earnings per common unit: $2.38 for Q1 2024 Net cash from operating activities: $94.4 million for Q1 2024 EBITDA: $166.2 million for Q1 2024 Sales and purchases: $ 92.6 million gross sale proceeds YTD 2024 $ 9.8 million completed in Q1 2024$82.8 million to be completed in Q2 2024 $245.7 million acquisitions YTD 2024 $129.1 million acquisition of two newbuilding scrubber-fitted aframax/LR2 tankers$116.6 million acquisition of four Japanese-built kamsarmaxes Three newbuilding vessels delivered YTD 2024 $3.3 billion remaining contracted revenue$0.05 per unit cash distribution for Q1 2024 MONACO, May 14, 2024 (GLOBE NEW
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, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Navios Maritime Partners L.P. ("Navios Partners") (NYSE:NMM) announced today that it will host a conference call on Tuesday, August 20, 2024 at 8:30 am ET, at which time Navios Partners' senior management will provide highlights and commentary on earnings results for the second quarter and six months ended June 30, 2024. The Company will report results for the second quarter and six months ended June 30, 2024, prior to the conference call. A supplemental slide presentation will be available on the Navios Partners website at www.navios-mlp.com under the "Investors" section at 8:00 am ET on the day of the call. Conference Call details:Call Date/Tim
Revenue: $318.6 million for Q1 2024 Net Income: $73.4 million for Q1 2024 Earnings per common unit: $2.38 for Q1 2024 Net cash from operating activities: $94.4 million for Q1 2024 EBITDA: $166.2 million for Q1 2024 Sales and purchases: $ 92.6 million gross sale proceeds YTD 2024 $ 9.8 million completed in Q1 2024$82.8 million to be completed in Q2 2024 $245.7 million acquisitions YTD 2024 $129.1 million acquisition of two newbuilding scrubber-fitted aframax/LR2 tankers$116.6 million acquisition of four Japanese-built kamsarmaxes Three newbuilding vessels delivered YTD 2024 $3.3 billion remaining contracted revenue$0.05 per unit cash distribution for Q1 2024 MONACO, May 14, 2024 (GLOBE NEW
MONACO, May 10, 2024 (GLOBE NEWSWIRE) -- Navios Maritime Partners L.P. ("Navios Partners") (NYSE:NMM) announced today that it will host a conference call on Tuesday, May 14, 2024 at 8:30 am ET, at which time Navios Partners' senior management will provide highlights and commentary on earnings results for the first quarter ended March 31, 2024. The Company will report results for the first quarter ended March 31, 2024, prior to the conference call. A supplemental slide presentation will be available on the Navios Partners website at www.navios-mlp.com under the "Investors" section at 8:00 am ET on the day of the call. Conference Call details:Call Date/Time: Tuesday, May 14, 2024 at 8:30 a
Revenue: $ 327.3 million for Q4 2023$1,306.9 million for FY 2023 Net Income: $ 132.4 million for Q4 2023$ 433.6 million for FY 2023 Earnings per common unit: $ 4.30 for Q4 2023$ 14.08 for FY 2023 Net cash from operating activities: $ 211.7 million for Q4 2023$ 560.3 million for FY 2023 EBITDA: $ 226.5 million for Q4 2023$ 797.8 million for FY 2023 Sales and purchases: $ 465.0 million payments for newbuildings and new vessels/additions in 2023 $155.2 million for Q4 2023 $ 327.6 million gross vessels sale proceeds 2023 - YTD 2024 $264.5 million completed in FY 2023 Two newbuilding containerships delivered Q4 2023 - YTD 2024 Fixed at an average rate of $37,050 net per
MONACO, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Navios Maritime Partners L.P. ("Navios Partners") (NYSE:NMM) announced today that it will host a conference call on Tuesday, February 13, 2024 at 8:30 am ET, at which time Navios Partners' senior management will provide highlights and commentary on earnings results for the fourth quarter and year ended December 31, 2023. The Company will report results for the fourth quarter and year ended December 31, 2023, 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:Call Date/Time:
Revenue: $323.2 million for Q3 2023$979.6 million for 9M 2023 Net Income: $ 89.8 million for Q3 2023$301.3 million for 9M 2023 Earnings per common unit: $2.92 for Q3 2023$9.78 for 9M 2023 Net cash from operating activities: $120.3 million for Q3 2023$348.6 million for 9M 2023 EBITDA: $180.8 million for Q3 2023$571.3 million for 9M 2023 $255.2 million gross sale proceeds from sale of 14 vessels YTD $242.2 million completed in 9M 2023$ 13.0 million completed in Q4 2023 $0.05 per unit cash distribution for Q3 2023 MONACO, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Navios Maritime Partners L.P. ("Navios Partners") (NYSE:NMM), an international owner and operator of dry cargo and tanke
MONACO, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Navios Maritime Partners L.P. ("Navios Partners") (NYSE:NMM) announced today that it will host a conference call on Thursday, November 2, 2023 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, 2023. The Company will report results for the third quarter and nine months ended September 30, 2023, 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:Ca
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
Jefferies reiterated coverage of Navios Maritime Partners with a rating of Buy and set a new price target of $20.00 from $15.00 previously
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.
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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
What are Value Stocks? A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. Benzinga Insights has compiled a list of value stocks in the industrials sector that may be worth watching: Hertz Global Holdings (NASDAQ:HTZ) - P/E: 5.14 Brookfield Bus Partners (NYSE:BBU) - P/E: 3.3 Navios Maritime Partners (NYSE:NMM) - P/E: 2.44 Performance Shipping (NASDAQ:P
Navios Maritime Partners (NYSE:NMM) reported quarterly earnings of $4.32 per share which beat the analyst consensus estimate of $2.62 by 64.89 percent. This is a 18.03 percent increase over earnings of $3.66 per share from the same period last year. The company reported quarterly sales of $327.25 million which missed the analyst consensus estimate of $334.79 million by 2.25 percent. This is a 11.76 percent decrease over sales of $370.86 million the same period last year.
Companies Reporting Before The Bell • LCI Indus (NYSE:LCII) is likely to report quarterly earnings at $0.18 per share on revenue of $838.27 million. • Navios Maritime Partners (NYSE:NMM) is projected to report quarterly earnings at $2.62 per share on revenue of $334.79 million. • Restaurant Brands Intl (NYSE:QSR) is estimated to report quarterly earnings at $0.74 per share on revenue of $1.81 billion. • OrganiGram Holdings (NASDAQ:OGI) is projected to report quarterly loss at $0.13 per share on revenue of $37.77 million. • Hyatt Hotels (NYSE:H) is projected to report quarterly earnings at $0.29 per share on revenue of $1.86 billion. • InMode (NASDAQ:INMD) is likely to report quarterly
Navios Maritime Partners (NYSE:NMM) is set to give its latest quarterly earnings report on Tuesday, 2024-02-13. Here's what investors need to know before the announcement. Analysts estimate that Navios Maritime Partners will report an earnings per share (EPS) of $2.62. Navios Maritime Partners bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter. New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast). Historical Earnings Performance Last quarter the company missed EPS by $0.12, which was f
What are Value Stocks? A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. Benzinga Insights has compiled a list of value stocks in the industrials sector that may be worth watching: Intuitive Machines (NASDAQ:LUNR) - P/E: 0.82 Harte-Hanks (NASDAQ:HHS) - P/E: 2.35 Navios Maritime Partners (NYSE:NMM) - P/E: 2.12 Greenpro Capital (NASDAQ:GRNQ) - P/E: 3.5
What Defines a Value Stock? A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. Benzinga Insights has compiled a list of value stocks in the industrials sector that may be worth watching: AGCO (NYSE:AGCO) - P/E: 7.87 Danaos (NYSE:DAC) - P/E: 2.49 Bridger Aerospace Gr (NASDAQ:BAER) - P/E: 0.89 Navios Maritime Partners (NYSE:NMM) - P/E: 2.02 Hyster-Yale
By the close of today, November 13, 2023, Navios Maritime Partners (NYSE:NMM) will issue a dividend payout of $0.05 per share, resulting in an annualized dividend yield of 0.88%. Only those investors who owned the stock prior to the ex-dividend date on November 06, 2023 will receive this payout. Navios Maritime Partners Recent Dividend Payouts table { width: 100%; border-collapse: collapse; font-family: Arial, sans-serif; font-size: 14px; } th, td { padding: 8px; text-align: left; } th { background-color: #293a5a; color: #fff; text-align: left