Navios Maritime Partners Stock (NYSE: NMM)

Dernières nouvelles pour Navios Maritime Partners (NYSE:NMM) Stock

Navios Maritime Partners

Navios Maritime Partners LP is a seaborne shipping company. It owns and operates dry cargo and container vessels with the primary long-term and staggered expiration charters. The firm's fleet consists of Ultra- Handymax, Panamax, Capsize, and Container vessels and categorized in Drybulk and Container vessels. It earns revenue through chartering of vessels, voyage contracts. Geographically, it generates majority revenue from Asia.

Navios Maritime Partners LP Common Units Representing Limited Partner Interests

Navios Maritime Partners LP

NMC HEALTH PLC ORD by NMC Health Plc.

NOMURA REAL ESTATE MAS FD by Nomura Real Estate Master Fd Inc.

Nomura Real Estate Master Fund Inc

NAVIOS MARITIME PARTNERS UNT

Investors with a lot of money to spend have taken a bullish stance on Navios Maritime Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NMM#NYSE">NMM</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with NMM, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 9 uncommon options trades for Navios Maritime Partners.
This isn't normal.
The overall sentiment of these big-money traders is split between 55% bullish and 33%, bearish.
Out of all of the special options we uncovered, 2 are puts, for a total amount of $375,160, and 7 are calls, for a total amount of $930,925.
<h3>What's The Price Target?</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $60.0 and $90.0 for Navios Maritime Partners, spanning the last three months.
<h3>Volume &amp; Open Interest Trends</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Navios Maritime Partners's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Navios Maritime Partners's significant trades, within a strike price range of $60.0 to $90.0, over the past month.
<h3>Navios Maritime Partners Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727452209_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NMM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$7.9</td>
<td>$5.2</td>
<td>$7.79</td>
<td>$80.00</td>
<td>$534.8K</td>
<td>2.7K</td>
<td>1.0K</td>
</tr>
<tr>
<td>NMM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$29.6</td>
<td>$27.6</td>
<td>$27.5</td>
<td>$90.00</td>
<td>$275.0K</td>
<td>115</td>
<td>102</td>
</tr>
<tr>
<td>NMM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$7.8</td>
<td>$7.7</td>
<td>$7.8</td>
<td>$80.00</td>
<td>$201.2K</td>
<td>2.7K</td>
<td>258</td>
</tr>
<tr>
<td>NMM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$2.1</td>
<td>$1.0</td>
<td>$1.0</td>
<td>$60.00</td>
<td>$100.0K</td>
<td>1.0K</td>
<td>1.0K</td>
</tr>
<tr>
<td>NMM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$8.2</td>
<td>$8.1</td>
<td>$8.1</td>
<td>$80.00</td>
<td>$56.7K</td>
<td>2.7K</td>
<td>1.0K</td>
</tr>
</tbody>
</table>

<h3>About Navios Maritime Partners</h3>
Navios Maritime Partners LP is a seaborne shipping company. It owns and operates dry cargo and container vessels with the primary long-term and staggered expiration charters. The firm's fleet consists of Ultra- Handymax, Panamax, Capsize, and Container vessels and categorized in Drybulk and Container vessels. It earns revenue through chartering of vessels, voyage contracts. Geographically, it generates majority revenue from Asia.
<h3>Where Is Navios Maritime Partners Standing Right Now?</h3>
<ul>
<li>With a trading volume of 126,846, the price of NMM is up by 2.29%, reaching $64.8.</li>
<li>Current RSI values indicate that the stock is may be overbought.</li>
<li>Next earnings report is scheduled for 34 days from now.</li>
</ul>
<h3>Expert Opinions on Navios Maritime Partners</h3>
Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $80.0.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Jefferies persists with their Buy rating on Navios Maritime Partners, maintaining a target price of $80. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Navios Maritime Partners with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Options

Markets

Navios Maritime Partners Unusual Options Activity

Jefferies analyst Randy Giveans maintains Navios Maritime Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NMM#NYSE">NMM</a>) with a Buy and raises the price target from $65 to $80.

News

Price Target

Analyst Ratings

Jefferies Maintains Buy on Navios Maritime Partners, Raises Price Target to $80

WIIM

Navios Martime Partners shares are trading higher after the company reported better-than-expected Q2 financial results.

U.S. stocks were mixed, with the Dow Jones index falling around 0.1% on Tuesday.
Shares of Fabrinet (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FN#NYSE">FN</a>) rose sharply in today's session as the company reported better-than-expected fourth-quarter financial results and issued <a href="https://www.benzinga.com/news/earnings/24/08/40459483/fabrinet-analysts-boost-their-forecasts-after-upbeat-earnings">strong guidance on Monday.</a>
Fabrinet reported quarterly earnings of $2.41 per share, which beat the analyst consensus estimate of $2.24 per share. Quarterly sales clocked in at $753.261 million, which beat the analyst consensus estimate.
Fabrinet expects first-quarter revenue to be in the range of $760 million to $780 million and earnings to be in the range of $2.33 to $2.40 per share.
Fabrinet shares jumped 18.2% to $273.76 on Tuesday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>Bit Digital, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTBT#NASDAQ">BTBT</a>) shares jumped 19.7% to $3.5702 after the company reported better-than-expected second-quarter sales results. Also, the company announced a binding term sheet with Boosteroid.</li>
<li>NANO Nuclear Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NNE#NASDAQ">NNE</a>) gained 16.3% to $12.87. NANO Nuclear Energy announced the purchase of 14,000 sq. ft. facility for $1.71 million.</li>
<li>Tempus AI, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TEM#NASDAQ">TEM</a>) climbed 15.7% to $66.65 following last week&#8217;s expanded collaboration and investment in Personalis.</li>
<li>Amer Sports, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AS#NYSE">AS</a>) gained 12.2% to $13.87 after the company reported better-than-expected second-quarter financial results and raised FY24 earnings outlook.</li>
<li>Acelyrin, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLRN#NASDAQ">SLRN</a>) gained 11.9% to $4.89.</li>
<li>Hawaiian Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HA#NASDAQ">HA</a>) rose 11.4% to $17.69 following a report suggesting that the period for the Department of Justice to complete its regulatory investigation of the merger proposal with Alaska Airlines has expired. The two companies are now one step closer to completing the deal and will now require approval from the U.S. Department of Transportation.</li>
<li>Navios Maritime Partners L.P. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NMM#NYSE">NMM</a>) gained 10% to $52.10 following upbeat quarterly earnings.</li>
<li>ZKH Group Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZKH#NYSE">ZKH</a>) gained 9.2% to $3.93. ZKH Group will release its unaudited financial results for the second quarter on Thursday, Aug. 22.</li>
<li>Redfin Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RDFN#NASDAQ">RDFN</a>) shares climbed 9.2% to $9.61.</li>
<li>ARS Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPRY#NASDAQ">SPRY</a>) rose 9% to $15.52. Cantor Fitzgerald analyst Josh Schimmer initiated coverage on ARS Pharmaceuticals with an Overweight rating and announced a price target of $30.</li>
<li>Palo Alto Networks, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NYSE">PANW</a>) gained 6.7% to $366.34 following better-than-expected fourth-quarter financial results, issued strong guidance and authorized an additional $500 million for repurchase. Multiple analysts raised their price targets on the stock following the report.</li>
<li>Lumentum Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LITE#NASDAQ">LITE</a>) rose 6.1% to $56.04.</li>
<li>Eli Lilly and Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LLY#NYSE">LLY</a>) gained 4.7% to $965.10. On Tuesday, Eli Lilly released topline results from the SURMOUNT-1 three-year study (176-week treatment period) evaluating tirzepatide once weekly for long-term weight management and delay in progression to diabetes in adults with pre-diabetes and obesity or overweight.</li>
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Fabrinet Posts Strong Earnings, Joins Amer Sports, Hawaiian Holdings And Other Big Stocks Moving Higher On Tuesday

Navios Maritime Partners L.P.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NMM#NYSE">NMM</a>) shares are trading higher Tuesday after the company <a target="_blank" href="https://www.benzinga.com/pressreleases/24/08/g40458459/navios-maritime-partners-l-p-reports-financial-results-for-the-second-quarter-and-six-months-ended" rel="noreferrer noopener">reported&nbsp;second-quarter&nbsp;results</a>.
Revenue fell 1.4% Y/Y to $342.2 million, beating the consensus of $332.3 million. The company attributed the decline in revenue to a decrease in the available days of the fleet and the decrease in the Time Charter Equivalent (TCE) rate.
The TCE rate declined by 2.2% Y/Y to $23,384 per day, and the available days of the fleet decreased by 0.5% to 13,498 days. Adjusted earnings per unit was $3.06, beating <a href="https://www.benzinga.com/calendars/guidance" target="_blank" rel="noreferrer noopener">the consensus of $3.04</a>.
Adjusted EBITDA dipped to&nbsp;$189.8 million&nbsp;from&nbsp;$191.5 million&nbsp;a year ago, mainly owing to a fall in time charter and voyage revenues and an increase in vessel operating expenses.
Operating cash flow for the quarter stood at $131.5 million, compared to $133.8 million a year ago. The company held $318.4 million in cash and equivalents as of June-end. The company has $3.7 billion contracted revenue as of August 2024.
In July 2024, Navios Partners agreed to sell three vessels for $64.6 million, with the sales expected to close in the second half of the year. Navios Partners owns and operates a fleet comprised of 75 dry bulk vessels, 48 containerships and 56 tankers.
Buyback &amp; Dividend: Through August 12, 2024, pursuant to its previously announced repurchase program, the company repurchased 197,148 units for $9.7 million.
Including dividends, Navios Partners has returned $12.8 million to unitholders in 2024, with $90 million still available under the program.
Navios Partners has secured 73.5% and 45.7% of its available days for the last six months of 2024 and all of 2025, respectively.
Navios Partners expects contracted revenue of $537.6 million <a href="https://www.benzinga.com/calendars/guidance" target="_blank" rel="noreferrer noopener">for H2 2024 and $759.2 million for 2025</a>. The average daily charter-out rate is projected at $26,245 for H2 2024 and $28,509 for 2025.
Angeliki Frangou, Chairwoman and Chief Executive Officer of Navios Partners, said, &#8220;We are continuing to invest in our business by purchasing attractive assets. With substantial improvement in net&nbsp;LTV since the end of 2023, we have also been repurchasing units under our $100 million common unit repurchase program.&#8221;
Price Action: NMM shares are up 10.9% at $52.52 at the last check Tuesday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Earnings

Equities

Guidance

Dividends

Buybacks

Why Navios Maritime Partners Shares Are Surging Tuesday

Navios Maritime Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NMM#NYSE">NMM</a>) reported quarterly earnings of $3.06 per share which beat the analyst consensus estimate of $3.04 by 0.66 percent. The company reported quarterly sales of $342.155 million which beat the analyst consensus estimate of $332.274 million by 2.97 percent. This is a 1.38 percent decrease over sales of $346.938 million the same period last year.

Earnings Beats

Navios Maritime Partners Q2 2024 Adj. EPS $3.06 Beats $3.04 Estimate, Sales $342.155M Beat $332.274M Estimate

Navios Maritime (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nmm#NYSE">NMM</a>) is scheduled to release second-quarter 2024 earnings results on Aug 20, before market opens.
The shipping company&#39;s earnings surpassed the Zacks Consensus Estimate in each of the last four quarters. The average beat is 25.4%.
<div class="chart_embed">
<h3>Navios Maritime Partners LP Price and EPS Surprise</h3>
<img alt="Navios Maritime Partners LP Price and EPS Surprise" src="https://staticx-tuner.zacks.com/images/charts/1d/1724055249.png" style="height:266px; width:538px" title="" />
Navios Maritime Partners LP price-eps-surprise | Navios Maritime Partners LP Quote
The Zacks Consensus Estimate for the to-be-reported quarter&#39;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 12.7%. The Zacks Consensus Estimate for quarterly revenues, currently pegged at $317.6 million, indicates a year-over-year decrease of 8.5%.
</div>
Against this backdrop, let&#39;s delve into the factors that might have impacted Navios Maritime&#39;s June-quarter performance.
We expect vessel operating expenses to have been high in the to-be-reported quarter. Time charter and voyage expenses are also expected to have been high. High costs are likely to have dented NMM&#39;s bottom-line performance. Supply-chain disruptions are anticipated to have dampened this shipping company&#39;s results.
However, continued fleet expansion initiatives are likely to have driven the company&#39;s performance. Time charter and voyage revenues are likely to have been impressive in the June quarter, primarily driven by revenues from freight voyages.
<h3>Earnings Whispers</h3>
Our proven model does not conclusively predict an earnings beat for Navios Maritime this time around. The combination of a positive&nbsp;Earnings ESP&nbsp;and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here.
Earnings ESP: NMM has an Earnings ESP of 0.00% at present.
Zacks Rank: NMM carries a Zacks Rank of 3, currently.
<h3>Performances of Other Transportation Companies</h3>
Delta Air Lines&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dal#NYSE">DAL</a>) reported second-quarter 2024 earnings (excluding 35 cents from non-recurring items) of $2.36 per share, which marginally missed the Zacks Consensus Estimate of $2.37. Earnings decreased 11.9% on a year-over-year basis. Apart from high costs, the carrier blamed the discounting pressure at the low end of the market, which hurt its pricing power, for the disappointing performance.
Revenues of $16.65 billion surpassed the Zacks Consensus Estimate of $16.25 billion and increased 6.9% year over year, driven by upbeat air travel demand. Adjusted operating revenues (excluding third-party refinery sales) came in at $15.41 billion, up 5.4% year over year.
J.B. Hunt Transport Services&#39;&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/jbht#NASDAQ">JBHT</a>) earnings of $1.32 per share missed the Zacks Consensus Estimate of $1.51 and declined 27% year over year.
JBHT&#39;s total operating revenues of $2.93 billion missed the Zacks Consensus Estimate of $3.03 billion and fell 7% year over year. Total operating revenues, excluding fuel surcharge revenues, fell 6% year over year. The downfall was owing to a 5% decrease in gross revenue per load in Intermodal and a decline in load volume of 25% in Integrated Capacity Solutions, 9% in Truckload and 9% in Dedicated Contract Services.
United Airlines (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ual#NASDAQ">UAL</a>) reported second-quarter 2024 earnings per share (excluding 18 cents from non-recurring items) of $4.14, which surpassed the Zacks Consensus Estimate of $3.97. Earnings decreased 17.7% on a year-over-year basis.
Operating revenues of $14.98 billion missed the Zacks Consensus Estimate of $15.13 billion. The top line increased 5.7% year over year attributed to upbeat air-travel demand. This was driven by a 5.2% rise in passenger revenues (which accounted for 91.2% of the top line) to $13.680 billion. Almost 44,375 passengers traveled on UAL flights in the second quarter, up 5.8% year over year.
<a href="https://www.zacks.com/stock/news/2323590/navios-maritime-nmm-to-report-q2-earnings-what-s-in-store?cid=CS-BENZ-FT-analyst_blog|earnings_preview-2323590">To read this article on Zacks.com click here.</a>

Large Cap

Small Cap

JBHT

Navios Maritime to Report Q2 Earnings: What's in Store?

Investors in Navios Maritime Partners L.P. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nmm#NYSE">NMM</a>) need to pay close attention to the stock based on moves in the options market lately. That is because the Sep 20, 2024 $15.00 Call had some of the highest implied volatility of all equity options today.
<h3>What is Implied Volatility?</h3>
Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.
<h3>What do the Analysts Think?</h3>
Clearly, options traders are pricing in a big move for Navios Maritime Partners shares, but what is the fundamental picture for the company? Currently, Navios Maritime Partners is a Zacks Rank #3 (Hold) in the Transportation - Shipping industry that ranks in the Bottom 29% of our Zacks Industry Rank. Over the last 60 days, no analysts have increased their earnings estimates for the current quarter, while one analyst has revised the estimate downward. The net effect has taken our Zacks Consensus Estimate for the current quarter from $3.29 per share to $2.90 in that period.
Given the way analysts feel about Navios Maritime Partners right now, this huge implied volatility could mean there&#39;s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.
<a href="https://www.zacks.com/stock/news/2320172/implied-volatility-surging-for-navios-maritime-partners-nmm-stock-options?cid=CS-BENZ-FT-tale_of_the_tape|options-2320172">To read this article on Zacks.com click here.</a>

Implied Volatility Surging for Navios Maritime Partners Stock Options

Navios Maritime Partners LP (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nmm#NYSE">NMM</a>) has recently been on Zacks.com&#39;s list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock&#39;s performance in the near future.
Shares of this company have returned -6.8% over the past month versus the Zacks S&amp;P 500 composite&#39;s -1.2% change. The Zacks Transportation - Shipping industry, to which Navios Maritime Partners belongs, has gained 2.7% over this period. Now the key question is: Where could the stock be headed in the near term?
While media releases or rumors about a substantial change in a company&#39;s business prospects usually make its stock &#39;trending&#39; and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.
Earnings Estimate Revisions
Here at Zacks, we prioritize appraising the change in the projection of a company&#39;s future earnings over anything else. That&#39;s because we believe the present value of its future stream of earnings is what determines the fair value for its stock.
We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors&#39; interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
For the current quarter, Navios Maritime Partners is expected to post earnings of $3.29 per share, indicating a change of -0.9% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days.
For the current fiscal year, the consensus earnings estimate of $14.69 points to a change of +18% from the prior year. Over the last 30 days, this estimate has changed -3.4%.
For the next fiscal year, the consensus earnings estimate of $19.13 indicates a change of +30.2% from what Navios Maritime Partners is expected to report a year ago. Over the past month, the estimate has changed +1.8%.
With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock&#39;s near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Navios Maritime Partners.
The chart below shows the evolution of the company&#39;s forward 12-month consensus EPS estimate:
12 Month EPS
<img alt="12-month consensus EPS estimate for NMM _12MonthEPSChartUrl" class="chart" src="https://chart-service.zacks.com/images/weekly/yesop_12_month_eps/NMM.png" style="height:auto; width:100%" title="" />
Projected Revenue Growth
While earnings growth is arguably the most superior indicator of a company&#39;s financial health, nothing happens as such if a business isn&#39;t able to grow its revenues. After all, it&#39;s nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it&#39;s important to know a company&#39;s potential revenue growth.
In the case of Navios Maritime Partners, the consensus sales estimate of $317.55 million for the current quarter points to a year-over-year change of -8.5%. The $1.34 billion and $1.47 billion estimates for the current and next fiscal years indicate changes of +2.2% and +10.3%, respectively.
Last Reported Results and Surprise History
Navios Maritime Partners reported revenues of $318.56 million in the last reported quarter, representing a year-over-year change of +2.9%. EPS of $2.32 for the same period compares with $2.13 a year ago.
Compared to the Zacks Consensus Estimate of $287.19 million, the reported revenues represent a surprise of +10.92%. The EPS surprise was +13.17%.
The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates three times over this period.
Valuation
No investment decision can be efficient without considering a stock&#39;s valuation. Whether a stock&#39;s current price rightly reflects the intrinsic value of the underlying business and the company&#39;s growth prospects is an essential determinant of its future price performance.
While comparing the current values of a company&#39;s valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S) and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock&#39;s price.
The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an An is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
Navios Maritime Partners is graded A on this front, indicating that it is trading at a discount to its peers.
Conclusion
The facts discussed here and much other information on Zacks.com might help determine whether or not it&#39;s worthwhile paying attention to the market buzz about Navios Maritime Partners. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
<a href="https://www.zacks.com/stock/news/2309807/is-trending-stock-navios-maritime-partners-lp-nmm-a-buy-now?cid=CS-BENZ-FT-tale_of_the_tape|most_searched_stocks_v1-2309807">To read this article on Zacks.com click here.</a>

Rumors

Is Trending Stock Navios Maritime Partners LP a Buy Now?

Investors generally tend to cling to the price-to-earnings (P/E) metric while looking for bargain stocks. In addition to being a widely used tool for screening stocks, P/E is also a popular metric to work out the fair market value of a company. But even this ubiquitously used valuation multiple has a few limitations. 
Although P/E is by far the most popular equity valuation ratio, a more complicated metric called EV/EBITDA does a better job of valuing a firm. Often viewed as a better substitute to P/E, this ratio offers a clearer picture of a company&#39;s valuation and its earnings potential. 
Navios Maritime Partners L.P. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nmm#NYSE">NMM</a>), Costamare Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cmre#NYSE">CMRE</a>), The ODP Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/odp#NASDAQ">ODP</a>), ADT Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/adt#NYSE">ADT</a>) and Portland General Electric Company (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/por#NYSE">POR</a>) are some stocks with impressive EV-to-EBITDA ratios.
<h3>Is EV-to-EBITDA a Better Substitute to P/E?</h3>
EV-to-EBITDA is essentially the enterprise value of a stock divided by its earnings before interest, taxes, depreciation and amortization (EBITDA). EV is the sum of a company&#39;s market capitalization, its debt and preferred stock minus cash and cash equivalents. 
EBITDA, the other component of the multiple, gives a better idea of a company&#39;s profitability as it removes the impact of non-cash expenses like depreciation and amortization that reduce net earnings. It is also often used as a proxy for cash flows. 
Just like P/E, the lower the EV-to-EBITDA ratio, the more attractive it is. A low EV-to-EBITDA ratio could signal that a stock is potentially undervalued. 
EV-to-EBITDA takes into account the debt on a company&#39;s balance sheet that the P/E ratio does not. Due to this reason, EV-to-EBITDA is generally used to value the potential acquisition targets as it shows the amount of debt the acquirer has to assume. Stocks boasting a low EV-to-EBITDA multiple could be seen as attractive takeover candidates. 
Another shortcoming of P/E is that it can&#39;t be used to value a loss-making firm. A company&#39;s earnings are also subject to accounting estimates and management manipulation. On the other hand, EV-to-EBITDA is difficult to manipulate and can also be used to value loss-making but EBITDA-positive companies. 
EV-to-EBITDA is also a useful tool in measuring the value of firms that are highly leveraged and have a high degree of depreciation. Moreover, it can be used to compare companies with different levels of debt. 
However, EV-to-EBITDA is not devoid of shortcomings and alone cannot conclusively determine a stock&#39;s inherent potential and future performance. The multiple varies across industries and is usually not appropriate while comparing stocks in different industries, given their diverse capital expenditure requirements. 
A strategy solely based on EV-to-EBITDA might not yield the desired results. However, you can club it with the other major ratios in your stock-investing toolbox, such as price-to-book (P/B), P/E and price-to-sales (P/S) to screen value stocks.
<h3>Screening Criteria</h3>
Here are the parameters to screen for value stocks: 
EV-to-EBITDA 12 Months-Most Recent less than X-Industry Median: A lower EV-to-EBITDA ratio represents a cheaper valuation. 
P/E using (F1) less than X-Industry Median: This metric screens stocks that are trading at a discount to their peers. 
P/B less than X-Industry Median: A lower P/B compared with the industry average implies that the stock is undervalued. 
P/S less than X-Industry Median: The lower the P/S ratio, the more attractive the stock is, as investors will have to pay a smaller price for the same amount of sales generated by the company. 
Estimated One-Year EPS Growth F(1)/F(0) greater than or equal to X-Industry Median: This parameter will help in screening stocks that have growth rates higher than the industry median. 
Average 20-day Volume greater than or equal to 100,000: The addition of this metric ensures that shares can be traded easily. 
Current Price greater than or equal to $5: This parameter will help in screening stocks that are trading at a minimum price of $5 or higher. 
Zacks Rank less than or equal to 2: It is a fundamental truth that stocks with a Zacks Rank #1 (Strong Buy) or 2 (Buy) have always managed to beat adversities and outperform the market. 
Value Score of less than or equal to B: Our research shows that stocks with a Value Score of A or B, when combined with a Zacks Rank #1 or 2, offer the best upside potential. 
Here are our five picks out of the 10 stocks that passed the screen: 
Navios Maritime Partners is an international owner and operator of dry cargo vessels. This Zacks Rank #1 stock has a Value Score of A. 
Navios Maritime Partners has an expected earnings growth rate of 22.1% for 2024. The Zacks Consensus Estimate for NMM&#39;s 2024 earnings has been revised 5.3% upward over the past 60 days. 
Costamare is a leading owner and provider of containerships and dry bulk vessels for charter. CMRE, a Zacks Rank #1 stock, has a Value Score of A. 
Costamare has an expected year-over-year earnings growth rate of 48.8% for 2024. The consensus estimate for CMRE&#39;s 2024 earnings has been revised 12% upward over the past 60 days.
ODP is one of the leading providers of business services and supplies, products and technology solutions to small, medium and enterprise businesses. This Zacks Rank #1 stock has a Value Score of A. 
ODP has an expected year-over-year earnings growth rate of 7.7% for 2024. The Zacks Consensus Estimate for the company&#39;s 2024 earnings has been revised 5.6% upward over the past 60 days. 
ADT provides security and automation solutions for homes and businesses, primarily in the United States and Canada. This Zacks Rank #2 stock has a Value Score of A. 
ADT has an expected year-over-year earnings growth rate of 37.3% for 2024. The Zacks Consensus Estimate for ADT&#39;s 2024 earnings has been stable over the last 60 days. 
Portland General Electric is a vertically integrated electric utility that is engaged in the generation, wholesale purchase and sale, transmission, distribution and retail sale of electricity to customers in Oregon. This Zacks Rank #2 stock has a Value Score of B. 
Portland General Electric has an expected earnings growth rate of 29.8% for 2024. The Zacks Consensus Estimate for POR&#39;s 2024 earnings has been revised 0.7% upward over the past 60 days. 
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. 
<a href="https://www.zacks.com/stock/news/2292700/5-value-stocks-with-exciting-ev-to-ebitda-ratios-to-snap-up?cid=CS-BENZ-FT-analyst_blog|rw-2292700">To read this article on Zacks.com click here.</a>

CMRE

5 Value Stocks With Exciting EV-to-EBITDA Ratios to Snap Up

Wall Street is experiencing a subdued trading session, with all major indices showing minimal movement around midday in New York. The latest producer inflation data provided mixed signals ahead of the highly anticipated consumer <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/38790019/april-inflation-data-preview-why-analysts-expect-economic-pressure-to-cool">inflation report on Wednesday.</a>
Fed Chair Jerome Powell reiterated his outlook that U.S. monetary policy will maintain its current rate for a longer period than previously anticipated, dismissing fears <a href="https://www.benzinga.com/markets/equities/24/05/38821976/fed-chair-powell-signals-patience-in-rate-policy-labels-producer-inflation-data-as-mixed">of new rate hikes.</a>
President Joe Biden announced significant tariffs on Chinese imports, imposing 25% on steel and aluminum, 100% on electric vehicles made in China, 25% on EV batteries,<a href="https://www.benzinga.com/markets/asia/24/05/38824198/biden-announces-massive-tariffs-on-chinese-imports-to-protect-us-industries-clean-energy-solar-stock"> and a 50% tariff on semiconductors from China</a>.
The U.S. dollar index (DXY), the&nbsp;Invesco DB USD Index Bullish Fund ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UUP#NYSE">UUP</a>), fell 0.2% negatively reacting to producer inflation readings and Powell&#8217;s remarks. 
Treasury yields slightly softened, with traders holding expectations of two Fed rate cuts by year-end.
All major indices such as the S&amp;P 500, the Dow Jones Industrial Average and the Nasdaq 100 traded broadly flat for the day.
Small caps, as tracked by the iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>), rallied 0.8%, on track to notch the highest close since early April. 
Momentum on meme stocks continued to remain wild, with shares of GameStop Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) and AMC Entertainment Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMC#NYSE">AMC</a>) up 22% and 18%, respectively. 
In the commodities market, gold rose 0.8% while oil prices fell 1.4% on concerns that some OPEC+ members want to raise output.
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) fell 2.5% to $61,400. 
<h1 class="wp-block-heading">Tuesday&#8217;s Performance In Major U.S. Indices, ETFs</h1>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day %chg</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,082.41</td>
<td>0.8%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>18,200.03</td>
<td>0.0%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>39,393.40</td>
<td>-0.1%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,215.80</td>
<td>-0.1%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated as of 1:12 p.m. EDT</figcaption></figure>
The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) was flat at $520.94, the&nbsp;SPDR Dow Jones Industrial Average (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) was flat at $394.37 and the tech-heavy&nbsp;Invesco QQQ Trust&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) was up 0.1% to $443.41, according to&nbsp;<a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.&nbsp;
Sector-wise, the Real Estate Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLRE#NYSE">XLRE</a>) outperformed, up 0.5%. The Consumer Staples Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLP#NYSE">XLP</a>) was the major laggard, down 0.6%.
<h1 class="wp-block-heading">Tuesday&#8217;s Stock Movers</h1>
<ul>
<li>Shares of Insulet Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PODD#NASDAQ">PODD</a>) were up by 4.6% on Tuesday, even though short-seller Blue Orca Capital announced it had taken a short position in the company&#8217;s stock.</li>
<li>Plug Power Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLUG#NASDAQ">PLUG</a>) soared over 20% following the announcement that it secured a $1.66 billion <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/38822667/plug-power-analyst-says-loan-commitment-de-risks-hydrogen-stock">government loan to support its clean hydrogen projects,</a> leading to the stock&#8217;s most significant single-day gain in seven years.</li>
<li>SunPower Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPWR#NASDAQ">SPWR</a>) rallied 44%, buoyed by the meme-stock frenzy. </li>
<li>Delcath Systems Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DCTH#NASDAQ">DCTH</a>) rose over 30% in reaction to the company&#8217;s quarterly results. </li>
<li>Other stocks reacting to earnings were Home Depot Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HD#NYSE">HD</a>), down 1.1%; On Holding AG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ONON#NYSE">ONON</a>), up 18%; International Game Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IGT#NYSE">IGT</a>) up 2.5% and Navios Maritime Partners LP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NMM#NYSE">NMM</a>) down 6%.</li>
</ul>
Read Now: <a href="https://www.benzinga.com/markets/equities/24/05/38820970/expect-rate-cuts-not-a-recession-fund-managers-most-bullish-on-stocks-in-over-2-years">Expect Rate Cuts, Not Recession: Fund Managers Most Bullish On Stocks In Over 2 Years</a>
Photo: Shutterstock

Government

Macro Economic Events

Macro Notification

Market Summary

Regulations

Sector ETFs

Broad U.S. Equity ETFs

Commodities

Currency ETFs

Forex

Global

Econ #s

Economics

Federal Reserve

ETFs

$BTC

DCTH

SPDR Dow Jones Industrial Average ETF Trust

ONON

PLUG

PODD

SPWR

PowerShares DB US Dollar Index Bullish Fund

XLRE

Wall Street Trades Flat On Mixed Producer Inflation; Meme Stocks See Wild Ride, Bitcoin Drops: What's Driving Markets Tuesday?

Navios Maritime Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NMM#NYSE">NMM</a>) reported quarterly earnings of $2.32 per share which beat the analyst consensus estimate of $2.00 by 16 percent. This is a 8.92 percent increase over earnings of $2.13 per share from the same period last year. The company reported quarterly sales of $318.555 million which beat the analyst consensus estimate of $303.094 million by 5.10 percent. This is a 2.92 percent increase over sales of $309.522 million the same period last year.

Navios Maritime Partners Q1 2024 Adj EPS $2.32 Beats $2.00 Estimate, Sales $318.555M Beat $303.094M Estimate

<h3>Gainers</h3>
<ul>
<li>Roma Green Finance (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROMA#NASDAQ">ROMA</a>) stock moved upwards by 11.3% to $1.47 during Wednesday's after-market session. The company's market cap stands at $15.3 million. </li>
<li>Solidion Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STI#NASDAQ">STI</a>) stock moved upwards by 9.35% to $0.59. The company's market cap stands at $48.4 million. </li>
<li>Navios Maritime Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NMM#NYSE">NMM</a>) shares increased by 6.87% to $38.88. The company's market cap stands at $1.1 billion. </li>
<li>FiscalNote Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOTE#NYSE">NOTE</a>) stock increased by 4.52% to $2.08. The market value of their outstanding shares is at $270.3 million. </li>
<li>Wheels Up Experience (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UP#NYSE">UP</a>) shares increased by 3.27% to $2.84. The company's market cap stands at $1.9 billion. </li>
<li>Greenwave Tech Solns (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GWAV#NASDAQ">GWAV</a>) shares increased by 2.95% to $0.62. The market value of their outstanding shares is at $10.2 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Hudson Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HDSN#NASDAQ">HDSN</a>) stock fell 15.6% to $12.0 during Wednesday's after-market session. The market value of their outstanding shares is at $546.0 million. As per the news, the Q4 earnings report came out today. </li>
<li>MingZhu Logistics Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/YGMZ#NASDAQ">YGMZ</a>) shares decreased by 10.53% to $0.68. The company's market cap stands at $15.6 million. </li>
<li>noco-noco (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NCNC#NASDAQ">NCNC</a>) stock decreased by 9.1% to $0.2. The market value of their outstanding shares is at $27.0 million. </li>
<li>New Horizon Aircraft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOVR#NASDAQ">HOVR</a>) stock declined by 8.7% to $2.1. The market value of their outstanding shares is at $35.0 million. </li>
<li>Innovate (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VATE#NYSE">VATE</a>) shares decreased by 8.19% to $0.8. The company's market cap stands at $63.5 million. As per the news, the Q4 earnings report came out 2 days ago. </li>
<li>JanOne (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JAN#NASDAQ">JAN</a>) stock decreased by 6.03% to $2.34. The market value of their outstanding shares is at $11.6 million. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Industrials Stocks Moving In Wednesday's After-Market Session

<h3>What are Value Stocks?</h3>
A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. 
<h2>Benzinga Insights has compiled a list of value stocks in the industrials sector that may be worth watching:</h2>
<ol>
<li>Hertz Global Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HTZ#NASDAQ">HTZ</a>) - P/E: 5.14</li>
<li>Brookfield Bus Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBU#NYSE">BBU</a>) - P/E: 3.3</li>
<li>Navios Maritime Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NMM#NYSE">NMM</a>) - P/E: 2.44</li>
<li>Performance Shipping (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PSHG#NASDAQ">PSHG</a>) - P/E: 0.49</li>
<li>AGCO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AGCO#NYSE">AGCO</a>) - P/E: 7.01</li>
</ol>
Hertz Global Holdings's earnings per share for Q4 sits at $-1.36, whereas in Q3, they were at 0.7. Most recently, Brookfield Bus Partners reported earnings per share at $9.25, whereas in Q3 earnings per share sat at $1.33. Its most recent dividend yield is at 1.12%, which has decreased by 0.78% from 1.9% in the previous quarter.
Navios Maritime Partners has reported Q4 earnings per share at $4.32, which has increased by 61.19% compared to Q3, which was 2.68. The company's most recent dividend yield sits at 0.71%, which has decreased by 0.17% from 0.88% last quarter. 
Performance Shipping has reported Q3 earnings per share at $0.27, which has decreased by 41.3% compared to Q2, which was 0.46. AGCO has reported Q4 earnings per share at $3.78, which has decreased by 4.79% compared to Q3, which was 3.97. Its most recent dividend yield is at 1.01%, which has decreased by 0.02% from 1.03% in the previous quarter.
The Significance: A value stock may need some time to rebound from its undervalued position. The risk of investing in a value stock is that this emergence may never materialize.

AGCO

PSHG

5 Value Stocks In The Industrials Sector

Navios Maritime Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NMM#NYSE">NMM</a>) reported quarterly earnings of $4.32 per share which beat the analyst consensus estimate of $2.62 by 64.89 percent. This is a 18.03 percent increase over earnings of $3.66 per share from the same period last year. The company reported quarterly sales of $327.25 million which missed the analyst consensus estimate of $334.79 million by 2.25 percent. This is a 11.76 percent decrease over sales of $370.86 million the same period last year.

Navios Maritime Partners Q4 Adj EPS $4.32 Beats $2.62 Estimate, Sales $327.25M Miss $334.79M Estimate

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Earnings Scheduled For February 13, 2024

Navios Maritime Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NMM#NYSE">NMM</a>) is set to give its latest quarterly earnings report on Tuesday, 2024-02-13. Here's what investors need to know before the announcement.
Analysts estimate that Navios Maritime Partners will report an earnings per share (EPS) of $2.62. 
Navios Maritime Partners bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Historical Earnings Performance</h3>
Last quarter the company missed EPS by $0.12, which was followed by a 1.66% increase in the share price the next day.
Here's a look at Navios Maritime Partners's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>2.80</td>
<td>2.88</td>
<td>3.16</td>
<td>5.34</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>2.68</td>
<td>3.32</td>
<td>2.13</td>
<td>3.66</td>
</tr>
<tr>
<td>Price Change %</td>
<td>1.66%</td>
<td>-2.59%</td>
<td>-0.72%</td>
<td>0.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1707760879_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of Navios Maritime Partners were trading at $28.37 as of February 09. Over the last 52-week period, shares are up 6.62%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<a href="https://www.benzinga.com/quote/NMM/earnings">To track all earnings releases for Navios Maritime Partners visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Outlook For Navios Maritime Partners

<h3>What are Value Stocks?</h3>
A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. 
<h2>Benzinga Insights has compiled a list of value stocks in the industrials sector that may be worth watching:</h2>
<ol>
<li>Intuitive Machines (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LUNR#NASDAQ">LUNR</a>) - P/E: 0.82</li>
<li>Harte-Hanks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HHS#NASDAQ">HHS</a>) - P/E: 2.35</li>
<li>Navios Maritime Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NMM#NYSE">NMM</a>) - P/E: 2.12</li>
<li>Greenpro Capital (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GRNQ#NASDAQ">GRNQ</a>) - P/E: 3.53</li>
<li>Danaos (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAC#NYSE">DAC</a>) - P/E: 2.66</li>
</ol>
This quarter, Intuitive Machines experienced a decrease in earnings per share, which was $1.52 in Q2 and is now $1.29. Harte-Hanks saw a decrease in earnings per share from 0.16 in Q2 to $0.08 now. Its most recent dividend yield is at 10.59%, which has increased by 0.76% from 9.83% in the previous quarter.
Most recently, Navios Maritime Partners reported earnings per share at $2.68, whereas in Q2 earnings per share sat at $3.32. Most recently, the company reported a dividend yield of 0.88%, which has increased by 0.01% from last quarter's yield of 0.87%.
This quarter, Greenpro Capital experienced a decrease in earnings per share, which was $0.86 in Q2 and is now $-0.02. Danaos has reported Q3 earnings per share at $7.26, which has increased by 1.68% compared to Q2, which was 7.14. The company's most recent dividend yield sits at 5.05%, which has increased by 0.65% from 4.4% last quarter. 
The Significance: A value stock may need some time to rebound from its undervalued position. The risk of investing in a value stock is that this emergence may never materialize.

GRNQ

LUNR

5 Value Stocks To Watch In The Industrials Sector

<h3>What Defines a Value Stock?</h3>
A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. 
<h2>Benzinga Insights has compiled a list of value stocks in the industrials sector that may be worth watching:</h2>
<ol>
<li>AGCO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AGCO#NYSE">AGCO</a>) - P/E: 7.87</li>
<li>Danaos (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAC#NYSE">DAC</a>) - P/E: 2.49</li>
<li>Bridger Aerospace Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BAER#NASDAQ">BAER</a>) - P/E: 0.89</li>
<li>Navios Maritime Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NMM#NYSE">NMM</a>) - P/E: 2.02</li>
<li>Hyster-Yale Materials (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HY#NYSE">HY</a>) - P/E: 9.5</li>
</ol>
AGCO has reported Q3 earnings per share at $3.97, which has decreased by 7.46% compared to Q2, which was 4.29. Most recently, the company reported a dividend yield of 1.03%, which has increased by 0.17% from last quarter's yield of 0.86%.
Most recently, Danaos reported earnings per share at $7.26, whereas in Q2 earnings per share sat at $7.14. Its most recent dividend yield is at 5.05%, which has increased by 0.65% from 4.4% in the previous quarter.
Bridger Aerospace Gr's earnings per share for Q3 sits at $0.15, whereas in Q2, they were at -0.55. Navios Maritime Partners's earnings per share for Q3 sits at $2.68, whereas in Q2, they were at 3.32. Its most recent dividend yield is at 0.88%, which has increased by 0.01% from 0.87% in the previous quarter.
Most recently, Hyster-Yale Materials reported earnings per share at $2.06, whereas in Q2 earnings per share sat at $2.21. The company's most recent dividend yield sits at 2.9%, which has increased by 0.07% from 2.83% last quarter. 
These 5 value stocks were selected by Benzinga Insights based on quantified analysis. While this methodical judgment process is not meant to make final decisions, our technology can give investors additional perception into the sector.

BAER

A Look Into Industrials Sector Value Stocks

By the close of today, November 13, 2023, Navios Maritime Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NMM#NYSE">NMM</a>) will issue a dividend payout of $0.05 per share, resulting in an annualized dividend yield of 0.88%. Only those investors who owned the stock prior to the ex-dividend date on November 06, 2023 will receive this payout.
<h3>Navios Maritime Partners Recent Dividend Payouts</h3>
<style>
 table {
 width: 100%;
 border-collapse: collapse;
 font-family: Arial, sans-serif;
 font-size: 14px;
 }

 th, td {
 padding: 8px;
 text-align: left;
 }

 th {
 background-color: #293a5a;
 color: #fff;
 text-align: left;
 }

 tr:nth-child(even) {
 background-color: #f2f4f8;
 }

 tr:hover {
 background-color: #e1e4ea;
 }

 td:nth-child(3), td:nth-child(5) {
 text-align: left;
 }

 .dividend-amount {
 font-weight: bold;
 color: #0d6efd;
 }

 .dividend-frequency {
 font-size: 12px;
 color: #6c757d;
 }
 </style><table>
<thead>
<tr>
<th>Ex-Date</th>
<th style="text-align: right;">Payments per year</th>
<th>Dividend</th>
<th>Yield</th>
<th>Announced</th>
<th>Record</th>
<th>Payable</th>
</tr>
</thead>
<tbody>
<tr>
<td>2023-11-06</td>
<td style="text-align: right;">4</td>
<td>$0.05</td>
<td>0.88%</td>
<td>2023-10-26</td>
<td>2023-11-07</td>
<td>2023-11-13</td>
</tr>
<tr>
<td>2023-08-07</td>
<td style="text-align: right;">4</td>
<td>$0.05</td>
<td>0.87%</td>
<td>2023-07-26</td>
<td>2023-08-08</td>
<td>2023-08-11</td>
</tr>
<tr>
<td>2023-05-08</td>
<td style="text-align: right;">4</td>
<td>$0.05</td>
<td>0.86%</td>
<td>2023-04-28</td>
<td>2023-05-09</td>
<td>2023-05-12</td>
</tr>
<tr>
<td>2023-02-09</td>
<td style="text-align: right;">4</td>
<td>$0.05</td>
<td>0.75%</td>
<td>2023-01-27</td>
<td>2023-02-10</td>
<td>2023-02-14</td>
</tr>
<tr>
<td>2022-11-07</td>
<td style="text-align: right;">4</td>
<td>$0.05</td>
<td>0.74%</td>
<td>2022-10-26</td>
<td>2022-11-08</td>
<td>2022-11-10</td>
</tr>
<tr>
<td>2022-08-08</td>
<td style="text-align: right;">4</td>
<td>$0.05</td>
<td>0.8%</td>
<td>2022-07-28</td>
<td>2022-08-09</td>
<td>2022-08-12</td>
</tr>
<tr>
<td>2022-05-06</td>
<td style="text-align: right;">4</td>
<td>$0.05</td>
<td>0.66%</td>
<td>2022-04-28</td>
<td>2022-05-09</td>
<td>2022-05-12</td>
</tr>
<tr>
<td>2022-02-08</td>
<td style="text-align: right;">4</td>
<td>$0.05</td>
<td>0.74%</td>
<td>2022-01-28</td>
<td>2022-02-09</td>
<td>2022-02-11</td>
</tr>
<tr>
<td>2021-11-05</td>
<td style="text-align: right;">4</td>
<td>$0.05</td>
<td>0.67%</td>
<td>2021-10-29</td>
<td>2021-11-08</td>
<td>2021-11-12</td>
</tr>
<tr>
<td>2021-08-06</td>
<td style="text-align: right;">4</td>
<td>$0.05</td>
<td>0.84%</td>
<td>2021-07-27</td>
<td>2021-08-09</td>
<td>2021-08-12</td>
</tr>
<tr>
<td>2021-05-10</td>
<td style="text-align: right;">4</td>
<td>$0.05</td>
<td>0.6%</td>
<td>2021-04-29</td>
<td>2021-05-11</td>
<td>2021-05-14</td>
</tr>
<tr>
<td>2021-02-08</td>
<td style="text-align: right;">4</td>
<td>$0.05</td>
<td>1.56%</td>
<td>2021-01-28</td>
<td>2021-02-09</td>
<td>2021-02-12</td>
</tr>
</tbody>
</table>
In terms of dividend yield, Navios Maritime Partners finds itself in the middle ground among its industry peers, while Diana Shipping (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DSX#NYSE">DSX</a>) takes the lead with the highest annualized dividend yield at 20.42%.
<h3>Analyzing Navios Maritime Partners Financial Health</h3>
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing. 
<h3>YoY Growth in Dividend Per Share</h3>
<img src="https://www.benzinga.com/files/images/story/2023/1699887926_0.png" alt="dividend chart graph" />
The company experienced a decrease in dividend per share from 2019 to 2022, with the dividend per share decreasing from $1.20 to $0.20. This decline in dividends is concerning for investors and demands further analysis to determine the contributing factors.
<h3>YoY Earnings Growth For Navios Maritime Partners</h3>
<img src="https://www.benzinga.com/files/images/story/2023/1699887926_1.png" alt="earning chart graph" />
From 2019 to 2022, Navios Maritime Partners has demonstrated an upward trend in earnings, with earnings per share rising from $1.84 to $14.32. This positive earnings growth bodes well for investors looking to generate income through cash dividend payouts.
<h3>Recap</h3>
In this article, we delve into Navios Maritime Partners's recent dividend payout and examine how it impacts shareholders. The company has announced a dividend distribution of $0.05 per share today, resulting in an annualized dividend yield of 0.88%.
In terms of dividend yield, Navios Maritime Partners finds itself in the middle ground among its industry peers, while Diana Shipping takes the lead with the highest annualized dividend yield at 20.42%.
Given that Navios Maritime Partners has experienced a decrease in dividend per share from 2019 to 2022 along with an increase in earnings per share, it could indicate that the company is focusing on reinvesting profits into business growth rather than prioritizing dividend distributions.
To stay informed about changes in financials or dividend disbursements, investors should pay close attention to the company's performance in the upcoming quarters.
[Click here](<a href="https://www.benzinga.com/stock//dividends" title="https://www.benzinga.com/stock//dividends">https://www.benzinga.com/stock//dividends</a>) to find details on Navios Maritime Partners's previous dividends.
To keep track of which companies are distributing dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Optimizing Earnings for Investor Benefit: Navios Maritime Partners Adjusts Dividends with Steady Expansion

Navios Maritime Partners L.P. Common Units 2024 Q2 - Results - Earnings Call Presentation

Navios Maritime Partners L.P. Common Units (NMM) Q2 2024 Earnings Call Transcript

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Navios Maritime Partners (NYSE:<a href="https://investorplace.com/stock-quotes/nmm-stock-quote/">NMM</a>) just reported results for the second quarter of 2024.<ul><li>Navios Maritime Partners reported earnings per share of $3.06. This was above the analyst estimate for EPS of $2.84.</li><li>The company reported revenue of $342.16 million.</li><li>This was better than the analyst estimate for revenue of $332.27 million.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div>	The post <a href="https://investorplace.com/earning-results/2024/08/nmm-stock-earnings-navios-maritime-partners-for-q2-of-2024/">NMM Stock Earnings: Navios Maritime Partners Beats EPS, Beats Revenue for Q2 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

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CMBT

EDRY

GOGL

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INSW

PANL

SBBA

SBLK

SHIP

STNG

TRMD

Press Releases

REMINDER - Leading Dry Bulk & Container Shipping Companies Participating at  Capital Link's 18th Annual International Shipping Forum  Monday, March 11, 2024 in New York City

Navios Maritime Partners L.P. Announces Availability of Its Form 20-F for the Year Ended December 31, 2023

Navios Maritime Partners L.P. Announces Cash Distribution of $0.05 per Unit

Navios Maritime Partners L.P. Announces the Date for the Release of First Quarter Ended March 31, 2024 Results, Conference Call and Webcast

Navios Maritime Partners L.P. Reports Financial Results for the First Quarter Ended March 31, 2024

Navios Maritime Partners L.P. Announces the Date for the Release of Second Quarter Ended June 30, 2024 Results, Conference Call and Webcast

Navios Maritime Partners L.P. Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2024

London Shipping Summit-Industry Leaders Presenting At 16th Annual Capital Link Shipping & Marine Services Forum

Leading Shipping Companies Presenting at Capital Link's 16th Annual New York Maritime Forum October 15, 2024 in New York City

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