Navios Maritime Partners (NYSE:NMM) Issues Quarterly Earnings Results, Misses Estimates By $1.93 EPS

Posted by Micah Haroldson on Feb 13th, 2025

Navios Maritime Partners (NYSE:NMM – Get Free Report) released its quarterly earnings data on Thursday. The shipping company reported $2.61 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.54 by ($1.93), Zacks reports. Navios Maritime Partners had a net margin of 30.48% and a return on equity of 13.66%.

Navios Maritime Partners Stock Performance

NYSE:NMM traded down $0.58 during mid-day trading on Thursday, hitting $43.56. 68,843 shares of the company’s stock traded hands, compared to its average volume of 127,003. The firm has a market capitalization of $1.30 billion, a price-to-earnings ratio of 3.31 and a beta of 1.93. The firm has a 50 day moving average of $43.92 and a two-hundred day moving average of $50.13. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.59. Navios Maritime Partners has a 12 month low of $29.86 and a 12 month high of $65.89.

Navios Maritime Partners Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 13th. Investors of record on Monday, February 10th will be given a dividend of $0.05 per share. The ex-dividend date of this dividend is Monday, February 10th. This represents a $0.20 annualized dividend and a dividend yield of 0.46%. Navios Maritime Partners’s dividend payout ratio is presently 1.52%.

Analyst Ratings Changes

Separately, StockNews.com lowered Navios Maritime Partners from a “buy” rating to a “hold” rating in a report on Monday, February 3rd.

View Our Latest Research Report on NMM

Navios Maritime Partners Company Profile

(Get Free Report)

Navios Maritime Partners L.P. owns and operates dry cargo vessels in Asia, Europe, North America, and Australia. The company offers seaborne transportation services for a range of liquid and dry cargo commodities, including crude oil, refined petroleum, chemicals, iron ore, coal, grain, fertilizer, and containers, as well as charters its vessels under short, medium, and longer-term charters.