Last $20.20 USD
Change Today -0.20 / -0.98%
Volume 78.2K
NMM On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 1:51 PM 08/22/14 All times are local (Market data is delayed by at least 15 minutes).

navios maritime partners lp (NMM) Snapshot

Open
$20.42
Previous Close
$20.40
Day High
$20.42
Day Low
$20.17
52 Week High
08/21/14 - $20.45
52 Week Low
09/20/13 - $13.93
Market Cap
1.6B
Average Volume 10 Days
259.6K
EPS TTM
$0.71
Shares Outstanding
77.4M
EX-Date
08/6/14
P/E TM
28.5x
Dividend
$1.77
Dividend Yield
8.76%
Current Stock Chart for NAVIOS MARITIME PARTNERS LP (NMM)

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navios maritime partners lp (NMM) Details

Navios Maritime Partners L.P. is engaged in the ownership and operation of dry cargo vessels in Europe, Asia, North America, and Australia. It provides seaborne transportation services for a range of drybulk commodities that include iron ore, coal, grain, and fertilizer, as well as charters its vessels under medium to long-term charters. The company’s fleet comprises 14 Panamax vessels, 8 Capesize vessels, 3 Ultra-Handymax vessels, and 5 Post-Panamax container vessels. Navios GP L.L.C. serves as the general partner of Navios Maritime Partners L.P. The company was founded in 2007 and is based in Monte Carlo, Monaco.

Founded in 2007

navios maritime partners lp (NMM) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

navios maritime partners lp (NMM) Key Developments

Navios Maritime Partners L.P. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

Navios Maritime Partners L.P. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported revenue of $55,178,000 against $49,154,000 a year ago. Net income was $29,985,000 or $0.37 per basic and diluted share against $19,511,000 or $0.29 per basic and diluted share a year ago. EBITDA was $54,188,000 against $45,046,000 a year ago. The increase in EBITDA was due to a $6.0 million increase in revenue and a $7.8 million increase in other income. For the six months, the company reported revenue of $112,676,000 against $99,435,000 a year ago. Net income was $48,346,000 or $0.61 per basic and diluted share against $35,757,000 or $0.53 per basic and diluted share a year ago. The increase in net income by $12.6 million was due to a $41.1 million increase in EBITDA and a $37.8 million increase in other income. EBITDA was $123,203,000 against $82,100,000 a year ago. The increase in EBITDA was due to a $13.2 million increase in revenue and a $37.8 million increase in other income following the termination of the credit default insurance and related sales of claims.

Navios Maritime Partners Seeks Acquisitions

Navios Maritime Partners L.P. (NYSE:NMM) is seeking acquisitions. Efstratios Desypris, Chief Financial Officer of Navios Maritime Partners, said, “We continue to expand our customer generation through accretive acquisitions.”

Navios Maritime Partners L.P. Announces Cash Distribution, Payable on August 13, 2014

Navios Maritime Partners L.P. announced that its board of directors has declared a cash distribution of $0.4425 per unit for the quarter ended June 30, 2014. This distribution represents an annualized distribution of $1.77 per unit. The cash distribution will be payable on August 13, 2014 to unit holders of record as of August 8, 2014.

 

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NMM:US $20.20 USD -0.20

NMM Competitors

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Company Last Change
Diana Shipping Inc $10.90 USD -0.13
Genco Shipping & Trading Ltd $21.50 USD 0.00
Navios Maritime Holdings Inc $9.44 USD -0.07
Safe Bulkers Inc $8.68 USD +0.02
Ship Finance International Ltd $19.38 USD -0.17
View Industry Companies
 

Industry Analysis

NMM

Industry Average

Valuation NMM Industry Range
Price/Earnings 22.5x
Price/Sales 7.6x
Price/Book 2.0x
Price/Cash Flow 10.9x
TEV/Sales 4.2x
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