Navios Maritime Partners Stock Today
NMM Stock | USD 41.39 0.63 1.50% |
Performance16 of 100
| Odds Of DistressLess than 30
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Navios Maritime is selling at 41.39 as of the 19th of April 2024; that is -1.5 percent decrease since the beginning of the trading day. The stock's lowest day price was 41.01. Navios Maritime has about a 30 percent probability of financial distress in the next few years of operation but had a somewhat solid performance during the last 90 days. Equity ratings for Navios Maritime Partners are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Transportation | IPO Date 13th of November 2007 | Category Industrials |
Navios Maritime Partners L.P. owns and operates dry cargo vessels in Asia, Europe, North America, and Australia. Olympos Maritime Ltd. serves as the general partner of Navios Maritime Partners L.P. Navios Maritime operates under Marine Shipping classification in the United States and is traded on New York Stock Exchange.. The company has 30.18 M outstanding shares of which 251.2 K shares are now shorted by investors with about 0.99 days to cover. More on Navios Maritime Partners
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Follow Valuation Options Odds of Bankruptcy
Financial Report 28th of May 2024
Navios Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Navios Maritime's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Navios Maritime or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Chairman | Angeliki Frangou | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Thematic Idea | Transportation (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Old Name | Noble Metals Limited | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Concentration | Cargo Ground Transportation, Marine Shipping, Industrials, Transportation, Industrials, Ground Transportation, Marine Shipping, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Average Analyst Recommendation Analysts covering Navios Maritime report their recommendations after researching Navios Maritime's financial statements, talking to executives and customers, or listening in on Navios Maritime's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Navios Maritime Partners. The Navios consensus assessment is calculated by taking the average forecast from all of the analysts covering Navios Maritime. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength Based on the measurements of operating efficiency obtained from Navios Maritime's historical financial statements, Navios Maritime Partners may be sliding down financialy. It has an above-average risk of going through some form of financial distress next quarter. Financial strength of Navios Maritime Partners is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Navios Maritime's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Navios Maritime's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Navios Maritime's financial leverage. It provides some insight into what part of Navios Maritime's total assets is financed by creditors.
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Navios Maritime Partners (NMM) is traded on New York Stock Exchange in USA. It is located in 7 Avenue de Grande Bretagne, Monaco, Monaco, 98000 and employs 18 people. Navios Maritime is listed under Cargo Ground Transportation category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 1.25 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Navios Maritime's market, we take the total number of its shares issued and multiply it by Navios Maritime's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Navios Maritime Partners runs under Ground Transportation sector within Industrials industry. The entity has 30.18 M outstanding shares of which 251.2 K shares are now shorted by investors with about 0.99 days to cover.
Navios Maritime Partners has about 157.81 M in cash with 560.32 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.3.
Check Navios Maritime Probability Of Bankruptcy
Ownership AllocationNavios Maritime Partners maintains a total of 30.18 Million outstanding shares. Navios Maritime Partners holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Navios Ownership Details
Navios Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Navios Maritime jumping above the current price in 90 days from now is about 19.55%. The Navios Maritime Partners probability density function shows the probability of Navios Maritime stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.1851. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Navios Maritime will likely underperform. Additionally, navios Maritime Partners has an alpha of 0.5001, implying that it can generate a 0.5 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Navios Maritime to move above the current price in 90 days from now is about 19.55 (This Navios Maritime Partners probability density function shows the probability of Navios Stock to fall within a particular range of prices over 90 days) .
Navios Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Navios Maritime that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Navios Maritime's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Navios Maritime's value.Instituion | Recorded On | Shares | |
Mraz, Amerine & Associates, Inc | 2023-09-30 | 32.6 K | |
Citadel Advisors Llc | 2023-09-30 | 23.1 K | |
Jump Financial, Llc | 2023-12-31 | 21.9 K | |
Moors & Cabot Inc | 2023-09-30 | 19.4 K | |
First Trust Advisors L.p. | 2023-12-31 | 18.9 K | |
Hrt Financial Llc | 2023-09-30 | 13.3 K | |
Stifel Financial Corp | 2023-12-31 | 9 K | |
Blackrock Inc | 2023-12-31 | 7.8 K | |
Soa Wealth Advisors, Llc. | 2023-09-30 | 7 K | |
Pale Fire Capital Se | 2023-09-30 | 705.7 K | |
Group One Trading, Lp | 2023-09-30 | 511.6 K |
Navios Maritime Historical Income Statement
Navios Maritime Partners Income Statement is one of the three primary financial statements used for reporting Navios's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Navios Maritime Partners revenue and expense. Navios Maritime Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Navios Maritime's Operating Income is very stable compared to the past year. As of the 19th of April 2024, EBIT is likely to grow to about 469.5 M, though Total Other Income Expense Net is likely to grow to (12.9 M). View More FundamentalsNavios Stock Against Markets
Picking the right benchmark for Navios Maritime stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Navios Maritime stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Navios Maritime is critical whether you are bullish or bearish towards Navios Maritime Partners at a given time. Please also check how Navios Maritime's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Navios Maritime without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Navios Maritime Corporate Directors
Navios Maritime corporate directors refer to members of a Navios Maritime board of directors. The board of directors generally takes responsibility for the Navios Maritime's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Navios Maritime's board members must vote for the resolution. The Navios Maritime board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.John Karakadas | Independent Director | Profile | |
Robert Pierot | Director | Profile | |
Serafeim Kriempardis | Independent Director | Profile | |
Dimitris Gkouras | Director | Profile |
How to buy Navios Stock?
Before investing in Navios Maritime, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Navios Maritime. To buy Navios Maritime stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Navios Maritime. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Navios Maritime stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Navios Maritime Partners stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Navios Maritime Partners stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Navios Maritime Partners, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Navios Stock please use our How to Invest in Navios Maritime guide.
Already Invested in Navios Maritime Partners?
The danger of trading Navios Maritime Partners is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Navios Maritime is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Navios Maritime. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Navios Maritime Partners is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Navios Maritime Partners is a strong investment it is important to analyze Navios Maritime's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Navios Maritime's future performance. For an informed investment choice regarding Navios Stock, refer to the following important reports: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Navios Maritime Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for Navios Stock analysis
When running Navios Maritime's price analysis, check to measure Navios Maritime's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Navios Maritime is operating at the current time. Most of Navios Maritime's value examination focuses on studying past and present price action to predict the probability of Navios Maritime's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Navios Maritime's price. Additionally, you may evaluate how the addition of Navios Maritime to your portfolios can decrease your overall portfolio volatility.
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Is Navios Maritime's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Navios Maritime. If investors know Navios will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Navios Maritime listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.12 | Dividend Share 0.2 | Earnings Share 14.08 | Revenue Per Share 42.422 | Quarterly Revenue Growth (0.12) |
The market value of Navios Maritime Partners is measured differently than its book value, which is the value of Navios that is recorded on the company's balance sheet. Investors also form their own opinion of Navios Maritime's value that differs from its market value or its book value, called intrinsic value, which is Navios Maritime's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Navios Maritime's market value can be influenced by many factors that don't directly affect Navios Maritime's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Navios Maritime's value and its price as these two are different measures arrived at by different means. Investors typically determine if Navios Maritime is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Navios Maritime's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.