Navios Maritime Partners LP with ticker code (NMM) have now 4 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 50 and 28 with the average target price sitting at $40.75. Given that the stocks previous close was at $23.85 this is indicating there is a potential upside of 70.9%. It’s also worth noting that there is a 50 day moving average of $25.93 and the 200 day MA is $25.60. The company has a market cap of $718m. Find out more information at: https://www.navios-mlp.com
The potential market cap would be $1,227m 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 commodities, including 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 0.84% with the ex dividend date set at 9-2-2023 (DMY).
Other points of data to note are a P/E ratio of 1.26, revenue per share of 39.29 and a 6.4% return on assets.
