Last $11.10 USD
Change Today -0.70 / -5.93%
Volume 272.8K
NMM On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 11:26 AM 12/22/14 All times are local (Market data is delayed by at least 15 minutes).

navios maritime partners lp (NMM) Snapshot

Open
$11.80
Previous Close
$11.80
Day High
$11.82
Day Low
$11.07
52 Week High
09/5/14 - $20.50
52 Week Low
12/16/14 - $9.25
Market Cap
875.6M
Average Volume 10 Days
1.5M
EPS TTM
$0.27
Shares Outstanding
77.4M
EX-Date
11/5/14
P/E TM
41.1x
Dividend
$1.77
Dividend Yield
15.76%
Current Stock Chart for NAVIOS MARITIME PARTNERS LP (NMM)

navios maritime partners lp (NMM) Related Bloomberg News

View More Bloomberg News

navios maritime partners lp (NMM) Related Businessweek News

No Related Businessweek News Found

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 Third Quarter and Nine Months Ended September 30, 2014

Navios Maritime Partners L.P. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported time charter and voyage Revenue was $55,290,000, net income of $13,042,000 or $0.16 per basic and diluted share against time charter and voyage Revenue was $46,578,000, net income of $13,123,000 or $0.19 per basic and diluted share a year ago. The increase in time charter and voyage Revenue was mainly attributable to the acquisition of the Navios Joy on September 11, 2013, the Navios Harmony on October 11, 2013, the five container vessels in December 2013, the Navios La Paix and the Navios Sun in January 2014 and the YM Utmost in August 2014. EBITDA was $37,472,000 compared to $35,642,000 a year ago. The increase in EBITDA was due to an $8,700,000 increase in revenue, a $200,000 decrease in time charter and voyage expenses and a $300,000 decrease in other expense. The decrease in net income by $100,000 was due to a $2,700,000 increase in interest expense and finance cost and a $200,000 increase in direct vessel expenses partially offset by a $1,800,000 increase in EBITDA, a $900,000 decrease in depreciation and amortization expense and a $100,000 increase in interest income. Maintenance and replacement capital expenditures were $5,978,000 compared to $3,516,000 a year ago. For the nine months, the company reported time charter and voyage Revenue was $167,966,000, net income of $61,388,000 or $0.77 per basic and diluted share against time charter and voyage Revenue was $146,013,000, net income of $48,880,000 or $0.72 per basic and diluted share a year ago. EBITDA was $160,675,000 compared to $117,742,000 a year ago. The increase in time charter and voyage Revenue was mainly attributable to the acquisition of the Navios Joy on September 11, 2013, the Navios Harmony on October 11, 2013, the five container vessels in December 2013, the Navios La Paix and the Navios Sun in January 2014 and the YM Utmost in August 2014. The increase in EBITDA was due to a $22,000,000 increase in revenue and a $34,600,000 increase in other income. The increase in net income by $12,500,000 was due to a $42,900,000 increase in EBITDA and a $200,000 increase in interest income, partially offset by a $10,500,000 increase in interest expense and finance cost, a $19,700,000 increase in depreciation and amortization expense and a $400,000 increase in direct vessels expenses. Net cash provided by operating activities was $148,554,000 compared to $91,906,000 a year ago. Acquisition of vessels was $96,425,000 compared to $47,455,000 a year ago. Maintenance and replacement capital expenditures were $17,794,000 compared to $10,450,000 a year ago.

Navios Maritime Partners L.P. Presents at Wells Fargo Securities Research, Economics & Strategy 2014 Energy Symposium, Dec-09-2014 10:40 AM

Navios Maritime Partners L.P. Presents at Wells Fargo Securities Research, Economics & Strategy 2014 Energy Symposium, Dec-09-2014 10:40 AM. Venue: The Waldorf Astoria, 301 Park Avenue, New York, NY 1002, United States. Speakers: Efstratios Desypris, Chief Financial Officer, Fred Gordon, SVP, Corporate Affairs, Laura Yagerman, VP, Corp. Comm., Ted Petrone, President.

Navios Maritime Partners L.P. Declares Cash Distribution, Payable on November 10, 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 September 30, 2014. This distribution represents an annualized distribution of $1.77 per unit. The cash distribution will be payable on November 10, 2014 to unit holders of record as of November 7, 2014.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
NMM:US $11.10 USD -0.70

NMM Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Diana Shipping Inc $6.91 USD +0.017
Eagle Bulk Shipping Inc $13.95 USD +0.16
Knightsbridge Shipping Ltd $4.47 USD -0.245
Safe Bulkers Inc $3.92 USD -0.0499
Ship Finance International Ltd $14.34 USD -0.75
View Industry Companies
 

Industry Analysis

NMM

Industry Average

Valuation NMM Industry Range
Price/Earnings 13.0x
Price/Sales 4.2x
Price/Book 1.2x
Price/Cash Flow 6.4x
TEV/Sales 1.1x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact NAVIOS MARITIME PARTNERS LP, please visit www.navios-mlp.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.