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How to buy Navios Maritime Partners L-P stock | $26.52

Learn how to easily invest in Navios Maritime Partners L-P stock.

Navios Maritime Partners L.P
NYSE: NMM - USD
MARINE SHIPPING
$22.52
+$0.47 (+2.13%)

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.Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – NMM – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Navios Maritime Partners L-P stock price (NYSE: NMM)

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

Navios Maritime Partners L-P shares at a glance

Information last updated 2021-07-23.
Latest market close$26.52
52-week range$5.44 - $36.40
50-day moving average $26.47
200-day moving average $23.61
Wall St. target price$31.00
PE ratio 6.1436
Dividend yield $0.2 (0.85%)
Earnings per share (TTM) $3.89

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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.

Navios Maritime Partners L-P price performance over time

Historical closes compared with the close of $26.52 from 2021-05-28

1 week (2021-07-19) N/A
1 month (2021-06-30) -10.28%
3 months (2021-04-30) -21.00%
6 months (2021-01-26) N/A
1 year (2020-07-26) N/A
2 years (2019-07-26) N/A
3 years (2018-07-26) N/A
5 years (2016-07-26) N/A

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 6x. In other words, Navios Maritime Partners L-P shares trade at around 6x recent earnings.

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

Navios Maritime Partners L-P's EBITDA

Navios Maritime Partners L-P's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $100.3 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 $245.3 million
Operating margin TTM 18.28%
Gross profit TTM $205.4 million
Return on assets TTM 1.74%
Return on equity TTM 9.22%
Profit margin 32.14%
Book value $49.11
Market capitalisation $545.6 million

TTM: trailing 12 months

Shorting Navios Maritime Partners L-P shares

There are currently 115,612 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 46.1% up from 79,159 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 502660.86956522). Navios Maritime Partners L-P's SIR currently stands at 0.23. In other words for every 100,000 Navios Maritime Partners L-P shares traded daily on the market, roughly 230 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 0.01% of the outstanding shares (for every 100,000 Navios Maritime Partners L-P shares in existence, roughly 10 shares are currently held short) or 0.0058% of the tradable shares (for every 100,000 tradable Navios Maritime Partners L-P shares, roughly 6 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

9%

Dividend payout ratio: 9.09% of net profits

Recently Navios Maritime Partners L-P has paid out, on average, around 9.09% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.85% 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 0.85% return on their shares, in the form of dividend payments. In Navios Maritime Partners L-P's case, that would currently equate to about $0.2 per share.

While Navios Maritime Partners L-P's payout ratio might seem low, this can signify that Navios Maritime Partners L-P is investing more in its future growth.

Navios Maritime Partners L-P's most recent dividend payout was on 13 May 2021. The latest dividend was paid out to all shareholders who bought their shares by 9 May 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 $5.4427 up to $36.4046. 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 2.7002. 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

What percentage of Navios Maritime Partners L-P is owned by insiders or institutions?
Currently 12.74% of Navios Maritime Partners L-P shares are held by insiders and 7.821% by institutions.
When does the fiscal year end for Navios Maritime Partners L-P?
Navios Maritime Partners L-P's fiscal year ends in December.
Where is Navios Maritime Partners L-P based?
Navios Maritime Partners L-P's address is: 7 Avenue de Grande Bretagne, Monaco, Monaco, 98000
What is Navios Maritime Partners L-P's ISIN number?
Navios Maritime Partners L-P's international securities identification number is: MHY622674098
What is Navios Maritime Partners L-P's CUSIP number?
Navios Maritime Partners L-P's Committee on Uniform Securities Identification Procedures number is: Y62267102

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