Martin Midstream Partners (NASDAQ:MMLP - Get Free Report) is expected to be announcing its earnings results before the market opens on Wednesday, February 12th. Analysts expect the company to announce earnings of $0.03 per share and revenue of $180.75 million for the quarter.
Martin Midstream Partners Stock Down 0.5 %
Shares of MMLP traded down $0.02 during mid-day trading on Friday, reaching $3.66. The company's stock had a trading volume of 78,964 shares, compared to its average volume of 93,704. The business has a fifty day moving average of $3.70 and a 200 day moving average of $3.76. The company has a market cap of $142.74 million, a price-to-earnings ratio of 36.60 and a beta of 2.10. Martin Midstream Partners has a 1 year low of $2.10 and a 1 year high of $4.13.
Martin Midstream Partners Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 14th. Investors of record on Friday, February 7th will be issued a dividend of $0.005 per share. The ex-dividend date is Friday, February 7th. This represents a $0.02 annualized dividend and a dividend yield of 0.55%. Martin Midstream Partners's dividend payout ratio is 20.00%.
Analyst Ratings Changes
Separately, StockNews.com started coverage on Martin Midstream Partners in a research report on Tuesday. They set a "buy" rating for the company.
Read Our Latest Stock Report on Martin Midstream Partners
About Martin Midstream Partners
(
Get Free Report)
Martin Midstream Partners L.P., together with its subsidiaries, provides terminalling, processing, storage, and packaging services for petroleum products and by-products primarily in the United States. The company operates in four segments: Terminalling and Storage, Transportation, Sulfur Services, and Specialty Products.
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