Navios Maritime Partners LP which can be found using ticker (NMM) have now 4 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The range between the high target price and low target price is between 50 and 28 and has a mean target at $40.75. Now with the previous closing price of $24.04 this would imply there is now a potential upside of 69.5%. It’s also worth noting that there is a 50 day moving average of $25.11 and the 200 moving average now moves to $25.60. The market cap for the company is $711m. Visit the company website at: https://www.navios-mlp.com
The potential market cap would be $1,206m based on the market consensus.
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 commoditiesluding 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. Olympos Maritime Ltd. serves as the general partner of Navios Maritime Partners L.P. The company was founded in 2007 and is based in Monaco.
The company has a dividend yield of 0.83% with the ex dividend date set at 9-2-2023 (DMY).
Other points of data to note are a P/E ratio of 1.27, revenue per share of 39.29 and a 6.4% return on assets.
