Navios Maritime (NYSE:NM) will issue its quarterly earnings data before the market opens on Wednesday, February 21st. Analysts expect the company to announce earnings of ($0.14) per share for the quarter.

Navios Maritime (NYSE:NM) last posted its earnings results on Tuesday, November 21st. The shipping company reported ($0.26) EPS for the quarter, missing analysts’ consensus estimates of ($0.22) by ($0.04). The business had revenue of $120.60 million for the quarter, compared to analysts’ expectations of $138.00 million. Navios Maritime had a negative net margin of 21.39% and a negative return on equity of 17.18%. The company’s revenue for the quarter was up 6.6% on a year-over-year basis. During the same period last year, the business posted ($0.25) EPS. On average, analysts expect Navios Maritime to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Navios Maritime (NYSE:NM) traded down $0.01 during midday trading on Friday, reaching $1.28. 398,289 shares of the company’s stock were exchanged, compared to its average volume of 582,085. The company has a quick ratio of 0.91, a current ratio of 1.02 and a debt-to-equity ratio of 2.32. The stock has a market cap of $151.10, a P/E ratio of -1.58 and a beta of 2.78. Navios Maritime has a 1-year low of $0.95 and a 1-year high of $2.26.

Several large investors have recently added to or reduced their stakes in NM. State Street Corp boosted its holdings in shares of Navios Maritime by 2,467.0% in the 2nd quarter. State Street Corp now owns 1,012,873 shares of the shipping company’s stock valued at $1,388,000 after buying an additional 973,416 shares in the last quarter. Vanguard Group Inc. bought a new stake in shares of Navios Maritime in the 2nd quarter valued at about $248,000. Finally, California State Teachers Retirement System bought a new stake in shares of Navios Maritime in the 2nd quarter valued at about $218,000. Institutional investors and hedge funds own 19.58% of the company’s stock.

NM has been the topic of a number of research reports. ValuEngine downgraded shares of Navios Maritime from a “sell” rating to a “strong sell” rating in a research report on Tuesday, November 14th. Jefferies Group started coverage on shares of Navios Maritime in a report on Monday, December 18th. They issued a “buy” rating and a $2.00 price target on the stock. Zacks Investment Research upgraded shares of Navios Maritime from a “hold” rating to a “buy” rating and set a $1.50 price target on the stock in a report on Wednesday, January 17th. Finally, Clarkson Capital upgraded shares of Navios Maritime from a “neutral” rating to a “buy” rating in a report on Monday, February 12th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the stock. Navios Maritime has a consensus rating of “Hold” and a consensus price target of $1.58.

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About Navios Maritime

Navios Maritime Holdings Inc (Navios Holdings) is a global, vertically integrated seaborne shipping and logistics company. The Company is focused on the transport and transshipment of dry bulk commodities, including iron ore, coal and grain. It operates through two segments: the Dry bulk Vessel Operations and the Logistics Business.

Earnings History for Navios Maritime (NYSE:NM)

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