Martin Midstream Partners (MMLP) Stock Price, News & Analysis

Company Overview

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. The company's Terminalling and Storage segment owns or operates various marine shore-based terminal facilities and specialty terminal facilities that provide storage, refining, blending, packaging, and handling services for producers and suppliers of petroleum products and by-products. This segment also offers land rental services to oil and gas companies, as well as storage and handling services for lubricants and fuels. Its Transportation segment operates various trucks and tank trailers; and inland marine tank barges, inland push boats, and articulated offshore tug and barge unit to transport petroleum products and by-products, petrochemicals, and chemicals. The company's Sulfur Services segment processes molten sulfur into prilled or pelletized sulfur, which is used in the production of fertilizers and industrial chemicals. Its Specialty Products segment stores, distributes, and transports natural gas liquids for wholesale deliveries to refineries, industrial natural gas liquid users, and propane retailers. Martin Midstream GP LLC serves as a general partner of the company. Martin Midstream Partners L.P. was incorporated in 2002 and is based in Kilgore, Texas.

Key Stats

• Today's Range: $3.98 to $4.00
• 50-Day Range: $3.50 to $4.00
• 52-Week Range: $2.04 to $4.13
• Volume: 14,813 shs
• Average Volume: 79,272 shs
• Market Capitalization: $155.61 million
• P/E Ratio: 39.90
• Dividend Yield: 0.50%
• Price Target: N/A
• Consensus Rating: N/A

Martin Midstream Partners Stock Analysis - MarketRank™

Martin Midstream Partners scored higher than 81% of companies evaluated by MarketBeat, and ranked 37th out of 127 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Martin Midstream Partners.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 43.75%

Earnings Growth

Earnings for Martin Midstream Partners are expected to grow by 43.75% in the coming year, from $0.16 to $0.23 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Martin Midstream Partners is 39.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.73.

Price to Earnings Ratio vs. Sector

The P/E ratio of Martin Midstream Partners is 39.90, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 15.86.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.40% of the float of Martin Midstream Partners has been sold short.

Short Interest Ratio / Days to Cover

Martin Midstream Partners has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Martin Midstream Partners has recently decreased by 19.34%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Martin Midstream Partners has a dividend yield of 0.50%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Martin Midstream Partners does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Martin Midstream Partners is 20.00%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Martin Midstream Partners will have a dividend payout ratio of 8.70% next year. This indicates that Martin Midstream Partners will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.40% of the float of Martin Midstream Partners has been sold short.

Short Interest Ratio / Days to Cover

Martin Midstream Partners has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Martin Midstream Partners has recently decreased by 19.34%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 1.07

News Sentiment

Martin Midstream Partners has a news sentiment score of 1.07. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Transportation companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Martin Midstream Partners this week, compared to 1 article on an average week.

Search Interest

Only 1 people have searched for MMLP on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Martin Midstream Partners insiders have bought more of their company's stock than they have sold. Specifically, they have bought $626.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

17.00% of the stock of Martin Midstream Partners is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 34.90% of the stock of Martin Midstream Partners is held by institutions.

MMLP Stock Analysis - Frequently Asked Questions

How have MMLP shares performed this year?

Martin Midstream Partners' stock was trading at $2.40 on January 1st, 2024. Since then, MMLP stock has increased by 66.3% and is now trading at $3.99.
View the best growth stocks for 2024 here.

How were Martin Midstream Partners' earnings last quarter?

Martin Midstream Partners L.P. (NASDAQ:MMLP) posted its quarterly earnings results on Wednesday, October, 16th. The pipeline company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by $0.05. The pipeline company earned $170.93 million during the quarter, compared to analysts' expectations of $176.43 million. Martin Midstream Partners had a negative trailing twelve-month return on equity of 6.93% and a net margin of 0.59%.

Who are Martin Midstream Partners' major shareholders?

Top institutional shareholders of Martin Midstream Partners include De Lisle Partners LLP (0.67%). Insiders that own company stock include Ruben S Martin, Robert D Bondurant, Randall Tauscher, Scot A Shoup, Chris H Booth and Sharon L Taylor.
View institutional ownership trends.

How do I buy shares of Martin Midstream Partners?

Shares of MMLP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Martin Midstream Partners own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Martin Midstream Partners investors own include Energy Transfer (ET), NGL Energy Partners (NGL), SunCoke Energy Partners (SXCP), AGNC Investment (AGNC), AT&T (T), Enterprise Products Partners (EPD) and Ford Motor (F).

Company Calendar

• Last Earnings: 10/16/2024
• Ex-Dividend for 11/14 Dividend: 11/07/2024
• Dividend Payable: 11/14/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/12/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Transportation
• Industry: Petroleum bulk stations & terminals
• Sub-Industry: Wholesale
• Current Symbol: NASDAQ:MMLP
• CUSIP: N/A
• CIK: 1176334
• Web: www.martinmidstream.com
• Phone: (903) 983-6200
• Fax: 903-983-6271
• Employees: 1,619
• Year Founded: 2002

Profitability

• EPS (Most Recent Fiscal Year): $0.10
• Trailing P/E Ratio: 40.00
• Forward P/E Ratio: 25.00
• P/E Growth: N/A
• Net Income: $-4,550,000.00
• Net Margins: 0.59%
• Pretax Margin: 1.42%
• Return on Equity: -6.93%
• Return on Assets: 0.81%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.57
• Quick Ratio: 1.11

Sales & Book Value

• Annual Sales: $797.96 million
• Price / Sales: 0.20
• Cash Flow: $1.33 per share
• Price / Cash Flow: 3.01
• Book Value: ($1.57) per share
• Price / Book: -2.55

Miscellaneous

• Outstanding Shares: 39,000,000
• Free Float: 32,371,000
• Market Cap: $156 million
• Optionable: Optionable
• Beta: 2.10