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Navios Maritime Partners L.P.(NMM)
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Here's Why Navios Maritime Partners LP (NMM) Fell More Than Broader Market
ZACKS· 2024-09-20 22:56
The latest trading session saw Navios Maritime Partners LP (NMM) ending at $57.10, denoting a -0.38% adjustment from its last day's close. The stock's performance was behind the S&P 500's daily loss of 0.19%. At the same time, the Dow added 0.09%, and the tech-heavy Nasdaq lost 0.36%. Prior to today's trading, shares of the company had gained 10.96% over the past month. This has outpaced the Transportation sector's gain of 5.31% and the S&P 500's gain of 2.06% in that time. The investment community will be ...
Navios Maritime Partners LP (NMM) Beats Stock Market Upswing: What Investors Need to Know
ZACKS· 2024-09-13 22:56
Navios Maritime Partners LP (NMM) closed the most recent trading day at $56.12, moving +0.79% from the previous trading session. The stock outpaced the S&P 500's daily gain of 0.54%. At the same time, the Dow added 0.72%, and the tech-heavy Nasdaq gained 0.65%. Coming into today, shares of the company had gained 20.05% in the past month. In that same time, the Transportation sector gained 4.24%, while the S&P 500 gained 4.86%. The investment community will be paying close attention to the earnings performan ...
Navios Maritime Partners LP (NMM) Is a Trending Stock: Facts to Know Before Betting on It
ZACKS· 2024-09-06 14:01
Navios Maritime Partners LP (NMM) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Shares of this company have returned +13.5% over the past month versus the Zacks S&P 500 composite's +6.2% change. The Zacks Transportation - Shipping industry, to which Navios Maritime Partners belongs, has gained 0.7% over this period. Now the key question is: Where could the stock be headed in the nea ...
Navios Maritime (NMM) to Report Q2 Earnings: What's in Store?
ZACKS· 2024-08-19 12:45
Navios Maritime (NMM) is scheduled to release second-quarter 2024 earnings results on Aug 20, before market opens. The shipping company's earnings surpassed the Zacks Consensus Estimate in each of the last four quarters. The average beat is 25.4%. The Zacks Consensus Estimate for the to-be-reported quarter's earnings is pegged at $2.90 per share. The earnings estimate for the to-be-reported quarter has declined 11.8% in the past 60 days. The bottom-line projection indicates a year-over-year contraction of 1 ...
Navios Maritime Partners LP (NMM) Suffers a Larger Drop Than the General Market: Key Insights
ZACKS· 2024-08-01 22:51
Navios Maritime Partners LP (NMM) closed the most recent trading day at $45.80, moving -1.97% from the previous trading session. This change lagged the S&P 500's 1.37% loss on the day. Meanwhile, the Dow lost 1.21%, and the Nasdaq, a tech-heavy index, lost 2.3%. The company's stock has dropped by 10.87% in the past month, falling short of the Transportation sector's gain of 1.79% and the S&P 500's gain of 1.11%. Analysts and investors alike will be keeping a close eye on the performance of Navios Maritime P ...
Navios Maritime Partners LP (NMM) Ascends But Remains Behind Market: Some Facts to Note
ZACKS· 2024-07-26 22:56
Heading into today, shares of the company had lost 6.8% over the past month, lagging the Transportation sector's loss of 0.1% and the S&P 500's loss of 1.16% in that time. For the annual period, the Zacks Consensus Estimates anticipate earnings of $14.69 per share and a revenue of $1.34 billion, signifying shifts of +17.99% and +2.24%, respectively, from the last year. Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capita ...
All You Need to Know About Navios Maritime Partners (NMM) Rating Upgrade to Buy
ZACKS· 2024-07-24 17:00
A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. Therefore, the Zacks rating upgrade for Navios Maritime Partners basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price. The change in a company's future earnings potential, as reflec ...
Navios Maritime Partners LP (NMM) Sees a More Significant Dip Than Broader Market: Some Facts to Know
ZACKS· 2024-07-23 23:06
Company Performance - Navios Maritime Partners LP (NMM) closed at $50.19, reflecting a -1.08% change compared to the previous day, underperforming the S&P 500 which lost 0.16% [1] - The upcoming earnings report is projected to show earnings of $3.29 per share, indicating a year-over-year decline of 0.9%, with revenue expected at $317.55 million, an 8.47% decrease from the same quarter last year [2] - The full-year Zacks Consensus Estimates predict earnings of $15.20 per share and revenue of $1.34 billion, representing year-over-year increases of +22.09% and +2.24%, respectively [8] Analyst Estimates and Rankings - Recent changes in analyst estimates for Navios Maritime Partners LP indicate a dynamic business environment, with positive revisions suggesting analyst optimism about the company's profitability [3] - The Zacks Rank system currently rates Navios Maritime Partners LP at 3 (Hold), with no changes in the consensus EPS estimate over the past month [4] - The Forward P/E ratio for Navios Maritime Partners LP is 3.34, significantly lower than the industry average of 7.49, indicating the company is trading at a discount [10] Industry Context - The Transportation - Shipping industry, to which Navios Maritime Partners LP belongs, holds a Zacks Industry Rank of 57, placing it in the top 23% of over 250 industries [5] - The Transportation sector has seen a gain of 2.05% over the past month, with Navios Maritime Partners LP's stock rising by 2.13%, outperforming both the sector and the S&P 500, which gained 1.96% [7]
Navios Maritime Partners LP (NMM) Exceeds Market Returns: Some Facts to Consider
ZACKS· 2024-07-16 22:56
In the latest market close, Navios Maritime Partners LP (NMM) reached $51.14, with a +0.65% movement compared to the previous day. The stock exceeded the S&P 500, which registered a gain of 0.64% for the day. Elsewhere, the Dow saw an upswing of 1.85%, while the tech-heavy Nasdaq appreciated by 0.2%. The company's shares have seen an increase of 6.56% over the last month, surpassing the Transportation sector's gain of 3.86% and the S&P 500's gain of 3.82%. The investment community will be paying close atten ...
Navios Maritime Partners LP (NMM) is Attracting Investor Attention: Here is What You Should Know
ZACKS· 2024-07-15 14:02
Shares of this company have returned +9% over the past month versus the Zacks S&P 500 composite's +3.8% change. The Zacks Transportation - Shipping industry, to which Navios Maritime Partners belongs, has gained 6.8% over this period. Now the key question is: Where could the stock be headed in the near term? Navios Maritime Partners LP (NMM) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of ...