Last $3.43 USD
Change Today +0.03 / 0.88%
Volume 39.8K
NNA On Other Exchanges
Symbol
Exchange
New York
As of 12:03 PM 08/22/14 All times are local (Market data is delayed by at least 15 minutes).

navios maritime acquisition (NNA) Snapshot

Open
$3.40
Previous Close
$3.40
Day High
$3.45
Day Low
$3.38
52 Week High
01/17/14 - $4.95
52 Week Low
08/7/14 - $2.98
Market Cap
520.2M
Average Volume 10 Days
335.4K
EPS TTM
$-0.04
Shares Outstanding
151.7M
EX-Date
09/15/14
P/E TM
--
Dividend
$0.20
Dividend Yield
5.83%
Current Stock Chart for NAVIOS MARITIME ACQUISITION (NNA)

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navios maritime acquisition (NNA) Details

Navios Maritime Acquisition Corporation provides marine transportation services worldwide. The company owns a fleet of crude oil, refined petroleum product, and chemical tankers. As of March 14, 2014, its fleet consisted of 43 double-hulled tanker vessels aggregating approximately 4.8 million deadweight tons (dwt), including 10 VLCC tankers, 8 Long Range 1 product tankers, 21 Medium Range 2 product tankers, and 4 chemical tankers. The company was founded in 2008 and is headquartered in Monte Carlo, Monaco.

navios maritime acquisition (NNA) Top Compensated Officers

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

Executives, Board Directors

navios maritime acquisition (NNA) Key Developments

Navios Maritime Acquisition Corporation Declares Dividend for the Second Quarter of 2014, Payable on October 2, 2014; Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

On August 11, 2014, Navios Maritime Acquisition Corporation declared a quarterly cash dividend in respect of the second quarter of 2014 of $0.05 per share of common stock payable on October 2, 2014 to stockholders of record as of September 17, 2014. The company reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company posted revenue of $62,242,000 against $47,057,000 a year ago. The increase in revenue was mainly attributable to the deliveries of 10 MR2 product tankers, two chemical tankers and five VLCCs during the period from April 1, 2013 until June 30, 2014. Net loss attributable to common shareholders was $2,953,000 or $0.02 per basic and diluted share against $1,441,000 or $0.02 per basic and diluted share a year ago. Net cash provided by operating activities was $9,166,000 against net cash used in operating activities of $37,451,000 a year ago. Adjusted EBITDA increased by $5.6 million to $35.0 million from $29.4 million in the three month period ended June 30, 2013. The increase in Adjusted EBITDA was due to $15.2 million increase in revenue; and $0.3 million increase in other income/(expense), net, partially mitigated by a $0.7 million increase in time charter expenses; an $8.0 million increase in management fees; and a $1.1 million increase in general and administrative expenses. Adjusted net loss amounted to $0.4 million compared to a $0.1 million income, for the three month period ended June 30, 2013. The increase in adjusted net loss by approximately $0.5 million was due to an $2.4 million increase in depreciation and amortization due to the acquisitions of the vessels described above; and a $4.1 million increase in interest expense and finance cost net; partially mitigated by a $0.3 million decrease in direct vessel expenses; an increase of $5.6 million in adjusted EBITDA; and a $0.1 million increase in interest income. For the six months, the company posted revenue of $123,211,000 against $91,229,000 a year ago. Net loss attributable to common shareholders was $15,340,000 or $0.11 per basic and diluted share against $821,000 or $0.01 per basic and diluted share a year ago. Net cash provided by operating activities was $38,029,000 against net cash used in operating activities of $18,549,000 a year ago. Adjusted EBITDA increased by $13.5 million to $70.8 million from $57.3 million in the six month period ended June 30, 2013. The increase in adjusted EBITDA was due to $32.0 million increase in revenue; and $0.7 million increase in other income/(expense), net, partially mitigated by: a $16.2 million increase in management fees; a $2.2 million increase in general and administrative expenses; and an $0.8 million increase in time charter expenses. Adjusted net income amounted to $1.1 million, compared to $0.8 million for the six month period ended June 30, 2013. The increase in adjusted net income by approximately $0.2 million was due to an increase of $13.5 million in adjusted EBITDA; and $0.3 million decrease in direct vessel expenses mitigated by $5.7 million increase in depreciation and amortization due to the acquisitions of the vessels described above; and $7.9 million increase in interest expense and finance cost net. Acquisition of vessels was $203,493,000 against $76,183,000 a year ago.

Navios Maritime Acquisition Corporation to Report Q2, 2014 Results on Aug 19, 2014

Navios Maritime Acquisition Corporation announced that they will report Q2, 2014 results at 9:00 AM, Romance Standard Time on Aug 19, 2014

Navios Maritime Acquisition Corporation, Q2 2014 Earnings Call, Aug 19, 2014

Navios Maritime Acquisition Corporation, Q2 2014 Earnings Call, Aug 19, 2014

 

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d'Amico International Shipping SA €0.49 EUR +0.02
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