Navios Maritime Partners (NMM) Earns Daily News Sentiment Rating of 0.16
Media headlines about Navios Maritime Partners (NYSE:NMM) have been trending somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Navios Maritime Partners earned a news sentiment score of 0.16 on Accern’s scale. Accern also assigned media headlines about the shipping company an impact score of 45.1226435433717 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:
- BRIEF-Navios Maritime Partners announces delivery of two capesize vessels and one ultra-handymax vessel (reuters.com)
- Navios Maritime Partners L.P. Announces Delivery of Two Capesize Vessels and One Ultra-Handymax Vessel (nasdaq.com)
- Navios Maritime Partners: The $64,000 Question (seekingalpha.com)
- $59.43 Million in Sales Expected for Navios Maritime Partners LP (NMM) This Quarter (americanbankingnews.com)
NMM has been the subject of a number of research analyst reports. Zacks Investment Research upgraded shares of Navios Maritime Partners from a “sell” rating to a “hold” rating in a report on Wednesday, August 2nd. Stifel Nicolaus reiterated a “hold” rating and set a $2.25 price objective on shares of Navios Maritime Partners in a report on Friday, June 23rd. BidaskClub lowered shares of Navios Maritime Partners from a “hold” rating to a “sell” rating in a report on Thursday, July 27th. Finally, Jefferies Group LLC initiated coverage on shares of Navios Maritime Partners in a report on Monday, June 5th. They set a “buy” rating and a $2.00 price objective for the company. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Navios Maritime Partners has a consensus rating of “Hold” and a consensus price target of $2.19.
Shares of Navios Maritime Partners (NYSE NMM) traded down 2.38% during midday trading on Friday, reaching $2.05. 330,860 shares of the company were exchanged. Navios Maritime Partners has a 52 week low of $1.15 and a 52 week high of $2.94. The firm has a 50-day moving average of $2.00 and a 200 day moving average of $1.87. The firm’s market capitalization is $308.41 million.
Navios Maritime Partners (NYSE:NMM) last posted its earnings results on Thursday, July 27th. The shipping company reported $0.03 EPS for the quarter, beating the Zacks’ consensus estimate of $0.01 by $0.02. Navios Maritime Partners had a negative net margin of 19.50% and a positive return on equity of 2.60%. The company had revenue of $50.02 million for the quarter, compared to analysts’ expectations of $44.37 million. During the same quarter in the prior year, the company posted $0.05 earnings per share. Navios Maritime Partners’s revenue for the quarter was up 11.5% compared to the same quarter last year. On average, equities research analysts expect that Navios Maritime Partners will post $0.06 EPS for the current year.
About Navios Maritime Partners
Navios Maritime Partners L.P. is an international owner and operator of dry cargo and container vessels. The Company is engaged in the seaborne transportation services of a range of dry cargo commodities, including iron ore, coal, grain and fertilizer, and also containers, chartering its vessels under medium to long-term charters.
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