How to buy Navios Maritime Partners L-P stock - 20 April

Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy Navios Maritime Partners L-P stock

Own Navios Maritime Partners L-P stock in just a few minutes.

Navios Maritime Partners L.P is a marine shipping business based in the US. Navios Maritime Partners L-P shares (NMM) are listed on the NYSE and all prices are listed in US Dollars.

How to buy shares in Navios Maritime Partners L-P

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Navios Maritime Partners L-P. Find the stock by name or ticker symbol: NMM. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Navios Maritime Partners L-P reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Navios Maritime Partners L-P, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Navios Maritime Partners L-P. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Navios Maritime Partners L-P share price

Use our graph to track the performance of NMM stocks over time.

Navios Maritime Partners L-P shares at a glance

Information last updated 2021-04-14.
52-week rangeUSD$5.45 - USD$29.89
50-day moving average USD$22.97
200-day moving average USD$13.18
Wall St. target priceUSD$25.00
PE ratio 203.1756
Dividend yield USD$0.45 (1.64%)
Earnings per share (TTM) USD$0.12

Buy Navios Maritime Partners L-P shares from these brokerages

Compare special offers, low fees and a wide range of types of investments among top trading platforms.
Name Product Stock trade fee Asset types Option trade fee Annual fee Signup bonus
Sofi Invest
$0
Stocks, ETFs, Cryptocurrency
N/A
0%
N/A
A free way to invest in stocks, ETFs and crypto.
Robinhood
$0
Stocks, Options, ETFs, Gold/Commodities
$0
0%
Free stock (chosen randomly with a value anywhere between $2.50 and $200)
Sign up using the "go to site" link
Make unlimited commission-free trades in stocks, funds, and options with Robinhood Financial.
Interactive Brokers
$0
Stocks, Bonds, Options, Mutual funds, ETFs
$0 + $0.65/contract, $1 minimum
0%
N/A
IBKR Lite offers $0 commissions, and IBKR Pro offers advanced tools for professional traders.
Webull
$0
Stocks, Options, ETFs
$0
0%
Get one free stock valued between $2.50 and $250 when you open an account, one more with a deposit
Open an account
Margin financing rates start at 3.99%. No monthly subscription fees for margin.
Public
$0
Stocks, ETFs
N/A
$0 per month
N/A
loading

Compare up to 4 providers

*Signup bonus information updated weekly.

The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Navios Maritime Partners L-P stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is Navios Maritime Partners L-P under- or over-valued?

Valuing Navios Maritime Partners L-P stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Navios Maritime Partners L-P's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Navios Maritime Partners L-P's P/E ratio

Navios Maritime Partners L-P's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 203x. In other words, Navios Maritime Partners L-P shares trade at around 203x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Navios Maritime Partners L-P's EBITDA

Navios Maritime Partners L-P's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$83.3 million.

The EBITDA is a measure of a Navios Maritime Partners L-P's overall financial performance and is widely used to measure a its profitability.

Navios Maritime Partners L-P financials

Revenue TTM USD$226.8 million
Operating margin TTM 12.02%
Gross profit TTM USD$205.4 million
Return on assets TTM 1.39%
Return on equity TTM -9.91%
Profit margin -30.23%
Book value $56.53
Market capitalisation USD$312.7 million

TTM: trailing 12 months

Shorting Navios Maritime Partners L-P shares

There are currently 1.2 million Navios Maritime Partners L-P shares held short by investors – that's known as Navios Maritime Partners L-P's "short interest". This figure is 21.9% up from 1.0 million last month.

There are a few different ways that this level of interest in shorting Navios Maritime Partners L-P shares can be evaluated.

Navios Maritime Partners L-P's "short interest ratio" (SIR)

Navios Maritime Partners L-P's "short interest ratio" (SIR) is the quantity of Navios Maritime Partners L-P shares currently shorted divided by the average quantity of Navios Maritime Partners L-P shares traded daily (recently around 417304.04040404). Navios Maritime Partners L-P's SIR currently stands at 2.97. In other words for every 100,000 Navios Maritime Partners L-P shares traded daily on the market, roughly 2970 shares are currently held short.

However Navios Maritime Partners L-P's short interest can also be evaluated against the total number of Navios Maritime Partners L-P shares, or, against the total number of tradable Navios Maritime Partners L-P shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Navios Maritime Partners L-P's short interest could be expressed as 0.11% of the outstanding shares (for every 100,000 Navios Maritime Partners L-P shares in existence, roughly 110 shares are currently held short) or 0.139% of the tradable shares (for every 100,000 tradable Navios Maritime Partners L-P shares, roughly 139 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Navios Maritime Partners L-P.

Find out more about how you can short Navios Maritime Partners L-P stock.

Navios Maritime Partners L-P share dividends

54%

Dividend payout ratio: 53.57% of net profits

Recently Navios Maritime Partners L-P has paid out, on average, around 53.57% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.71% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Navios Maritime Partners L-P shareholders could enjoy a 0.71% return on their shares, in the form of dividend payments. In Navios Maritime Partners L-P's case, that would currently equate to about $0.45 per share.

Navios Maritime Partners L-P's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Navios Maritime Partners L-P's most recent dividend payout was on 11 February 2021. The latest dividend was paid out to all shareholders who bought their shares by 7 February 2021 (the "ex-dividend date").

Have Navios Maritime Partners L-P's shares ever split?

Navios Maritime Partners L-P's shares were split on a 1:15 basis on 20 May 2019. So if you had owned 15 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Navios Maritime Partners L-P shares – just the quantity. However, indirectly, the new 1400% higher share price could have impacted the market appetite for Navios Maritime Partners L-P shares which in turn could have impacted Navios Maritime Partners L-P's share price.

Navios Maritime Partners L-P share price volatility

Over the last 12 months, Navios Maritime Partners L-P's shares have ranged in value from as little as $5.451 up to $29.89. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Navios Maritime Partners L-P's is 2.5477. This would suggest that Navios Maritime Partners L-P's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Navios Maritime Partners L-P overview

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.

Frequently asked questions

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site