Navios Maritime Partners LP (NMM) Analysts See $0.02 EPS

Marco Green
November 14, 2017

As of the end of the quarter Ladenburg Thalmann Financial Services Inc. had bought a total of 1,084 shares growing its stake by 108.4%. The Raging Capital Management Llc holds 3.34M shares with $5.31 million value, down from 3.89 million last quarter.

Shares of Navios Maritime Partners (NMM) traded down $0.05 during midday trading on Monday, hitting $1.99. Navios Maritime Partners reported earnings per share of $0.07 during the same quarter last year, which suggests a negative year over year growth rate of 71.4%. It has outperformed by 73.97% the S&P500. Renaissance Technologies LLC now owns 776,808 shares of the shipping company's stock valued at $1,608,000 after buying an additional 699,514 shares during the last quarter. First Bank Williamstown Nj now has $147.58 million valuation. The stock decreased 2.55% or $0.76 on November 10, reaching $29.09. More than 50 shares have been traded. (NYSE:NM) has risen 90.67% since November 12, 2016 and is uptrending. It has outperformed by 59.51% the S&P500. Advisory Incorporated accumulated 1.63 million shares or 0.29% of the stock. National Gen Hldgs Corp (NASDAQ:NGHC) was reduced too. Therefore 100% are positive. Aerojet Rocketdyne Holdings had 8 analyst reports since January 19, 2017 according to SRatingsIntel. The rating was downgraded by Credit Suisse on Friday, January 13 to "Neutral". The rating was upgraded by Sandler O'Neill to "Buy" on Wednesday, November 1. The company was maintained on Thursday, October 5 by Stifel Nicolaus.

Analysts await Navios Maritime Partners L.P. (NYSE:NMM) to report earnings on November, 14 before the open. Therefore 43% are positive. Finally, Stifel Nicolaus reaffirmed a "hold" rating and issued a $2.25 price target on shares of Navios Maritime Partners in a research report on Friday, September 1st. Zacks Investment Research cut Navios Maritime Partners from a "buy" rating to a "sell" rating in a research note on Tuesday, July 25th. (NYSE:NM) on Wednesday, August 26 to "Hold" rating.

Navios Maritime Partners L.P.is an worldwide owner and operator of dry cargo and container vessels. The stock presently has an average rating of "Hold" and a consensus target price of $2.19. Deutsche Bank has "Buy" rating and $8.50 target. The firm earned "Hold" rating on Thursday, June 22 by Stifel Nicolaus. Zacks' earnings per share averages are an average based on a survey of sell-side research analysts that that provide coverage for Navios Maritime Partners. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the stock. JP Morgan initiated the shares of NM in report on Thursday, October 15 with "Overweight" rating. Citigroup downgraded the shares of NMM in report on Tuesday, November 3 to "Neutral" rating.

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