Navios Maritime Partners (NMM) Expected to Announce Earnings on Tuesday

Navios Maritime Partners (NYSE:NMM - Get Free Report) is anticipated to release its earnings data before the market opens on Tuesday, February 11th. Analysts expect Navios Maritime Partners to post earnings of $4.54 per share and revenue of $283.00 million for the quarter.

Navios Maritime Partners (NYSE:NMM - Get Free Report) last posted its quarterly earnings data on Tuesday, November 5th. The shipping company reported $3.15 earnings per share for the quarter, missing the consensus estimate of $3.80 by ($0.65). The firm had revenue of $340.84 million for the quarter, compared to the consensus estimate of $326.32 million. Navios Maritime Partners had a return on equity of 13.66% and a net margin of 30.48%. The firm's quarterly revenue was up 5.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.68 EPS. On average, analysts expect Navios Maritime Partners to post $12 EPS for the current fiscal year and $14 EPS for the next fiscal year.

Navios Maritime Partners Stock Performance

Shares of Navios Maritime Partners stock traded down $0.73 during trading on Friday, reaching $42.82. The company's stock had a trading volume of 35,364 shares, compared to its average volume of 134,291. Navios Maritime Partners has a 52 week low of $28.05 and a 52 week high of $65.89. The firm has a market cap of $1.28 billion, a PE ratio of 3.25 and a beta of 1.93. The business's 50-day moving average price is $44.29 and its 200-day moving average price is $50.27. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.59.

Navios Maritime Partners Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 13th. Shareholders of record on Monday, February 10th will be issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 0.47%. The ex-dividend date of this dividend is Monday, February 10th. Navios Maritime Partners's dividend payout ratio is currently 1.52%.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of Navios Maritime Partners from a "buy" rating to a "hold" rating in a research report on Monday.

Navios Maritime Partners Company Profile

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.