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Last $10.11 USD
Change Today +0.02 / 0.20%
Volume 455.8K
NMM On Other Exchanges
Symbol
Exchange
Berlin
As of 8:04 PM 08/4/15 All times are local (Market data is delayed by at least 15 minutes).

navios maritime partners lp (NMM) Snapshot

Open
$10.27
Previous Close
$10.09
Day High
$10.31
Day Low
$9.90
52 Week High
09/5/14 - $20.50
52 Week Low
12/16/14 - $9.25
Market Cap
857.1M
Average Volume 10 Days
473.9K
EPS TTM
$0.58
Shares Outstanding
83.1M
EX-Date
08/11/15
P/E TM
17.4x
Dividend
$1.77
Dividend Yield
17.51%
Current Stock Chart for NAVIOS MARITIME PARTNERS LP (NMM)

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navios maritime partners lp (NMM) Details

Navios Maritime Partners L.P. owns and operates 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 fertilizers, as well as charters its vessels under medium to long-term charters. The company’s fleet comprises 12 Panamax vessels, 8 Capesize vessels, 3 Ultra-Handymax vessels, and 8 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 Gets Long-Term Charter for Navios Fantastiks Vessel

Navios Maritime Partners announced the Navios Fantastiks, a 2005-built Capesize vessel, has been chartered out for a period of 16 to 20 months at a rate of $12,825 net per day. The company announced the vessel is being chartered out to "a high-quality counterparty," without naming the counterparty. Effective June 3, 2015, the Navios Fantastiks was chartered out to Navios Holdings for a 10-month period at a rate of $12,500 net per day with a 50% profit sharing based on actual results. The charter will start in July.

Navios Maritime Partners L.P.(NYSE:NMM) dropped from Alerian MLP Index

Navios Maritime Partners L.P. will be removed from Alerian MLP Index.

Navios Maritime Partners L.P. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

Navios Maritime Partners L.P. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported revenue of $56,786,000 compared to $57,498,000 a year ago. Net income was $10,879,000 compared to $18,361,000 a year ago. Basic and diluted earnings per share were $0.13 compared to $0.24 a year ago. Net cash provided by operating activities was $27,336,000 compared to $36,284,000 a year ago. Maintenance and replacement capital expenditures were $3,225,000 compared to $5,908,000 a year ago. Operating Surplus was $27,595,000 compared to $56,847,000 a year ago. EBITDA was $37,963,000 compared to $69,015,000 a year ago. Adjusted EBITDA was $37,963,000 compared to $39,229,000 a year ago. EBITDA for the first quarter of 2014 has been positively affected by the accounting effect of $29.8 million income from the insurance settlement. The decrease in Adjusted EBITDA was due to a $0.7 million decrease in revenue, a $1.4 million increase in management fees due to the increased number of vessels and a $0.4 increase in other expense. Net income for the first quarter of 2014 has been (i) positively affected by the accounting effect of $29.8 million income from the insurance settlement and (ii) negatively impacted by the $22.0 million loss from the non-cash accelerated amortization of the intangible asset relating to one Capesize vessel. Excluding these items, Adjusted Net income for the three months ended March 31, 2015 amounted to $10.9 million compared to $10.6 million for the three months ended March 31, 2014. The increase in Adjusted Net income by $0.3 million was due to a $3.6 million decrease in depreciation and amortization expense partially offset by a $1.3 million decrease in Adjusted EBITDA, a $1.5 million increase in interest expense and finance cost, net and a $0.5 million increase in direct vessel expenses.

 

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NMM Competitors

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Company Last Change
Diana Shipping Inc $7.50 USD -0.08
Eagle Bulk Shipping Inc $8.67 USD +0.27
Navios Maritime Holdings Inc $3.56 USD -0.13
Safe Bulkers Inc $3.55 USD -0.02
Scorpio Bulkers Inc $1.90 USD +0.06
View Industry Companies
 

Industry Analysis

NMM

Industry Average

Valuation NMM Industry Range
Price/Earnings 17.5x
Price/Sales 3.8x
Price/Book 1.1x
Price/Cash Flow 7.1x
TEV/Sales 1.0x
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