EPS for Navios Maritime Holdings Inc. (NM) Expected At $

Marco Green
May 10, 2018

This buyback authorization authorizes the shipping company to repurchase shares of its stock through open market purchases. That puts the market capitalization at $47.02 bln.

Shares of NNA stock traded up $0.02 during trading hours on Wednesday, reaching $0.74. About 496,073 shares traded. Loews Corporation (NYSE:L) has risen 6.93% since May 9, 2017 and is uptrending. It has underperformed by 21.39% the S&P500. Virtu Financial LLC owned 0.16% of Navios Maritime Midstream worth $330,000 at the end of the most recent quarter. Ladenburg Thalmann Financial Services Inc. now owns 109,356 shares of the shipping company's stock worth $257,000 after acquiring an additional 63,312 shares in the last quarter. The company has market cap of $108.84 million. The consensus rating is 3, suggesting the market has given up on the stock.

Tracking the RSI levels for Navios Maritime Partners L.P. (NYSE:NMM), the 3-day RSI stands at 67.56, the 7-day sits at 66 and the 14-day (most common) is at 58.26. Therefore 29% are positive.

Navios Maritime Midstream (NYSE:NAP) was downgraded by analysts at TheStreet from a "c" rating to a "d+" rating in a report issued on Monday. J.P. Morgan downgraded the stock to "Sell" rating in Friday, March 23 report. Jefferies initiated the stock with "Buy" rating in Monday, December 18 report. Navios Maritime Partners LP has $3.0 highest and $1.8 lowest target. Finally, Zacks Investment Research downgraded shares of Navios Maritime Midstream from a "hold" rating to a "sell" rating in a research report on Wednesday, April 4th. Stifel Nicolaus has "Buy" rating and $2.2500 target. The firm earned "Underweight" rating on Friday, April 20 by JP Morgan. The rating was maintained by Stifel Nicolaus on Friday, October 27 with "Buy". Over the past twelve months, Navios Maritime Partners L.P. (NYSE:NMM)'s stock was -19.92%. Citigroup Inc invested 0% of its portfolio in Navios Maritime Acquisition Corporation (NYSE:NNA).

Investors sentiment increased to 1.85 in Q4 2017. It's up 0.12, from 1.38 in 2017Q3. Finally, PenderFund Capital Management Ltd. acquired a new position in shares of Navios Maritime during the 4th quarter valued at about $2,201,000.

Several hedge funds have recently made changes to their positions in the company.

Analysts await Navios Maritime Partners L.P. (NYSE:NMM) to report earnings on May, 28. Vanguard Gp Incorporated holds 0% or 167,320 shares in its portfolio. Jpmorgan Chase & has 105,712 shares for 0% of their portfolio. Winfield Assoc has invested 0% in Navios Maritime Acquisition Corporation (NYSE:NNA). The shipping company reported $0.20 EPS for the quarter, missing the Zacks' consensus estimate of $0.22 by ($0.02). Navios Maritime Acquisition pays out -66.7% of its earnings in the form of a dividend. Stock buyback programs are typically a sign that the company's management believes its shares are undervalued. Two Sigma Investments LP grew its holdings in Navios Maritime Partners by 83.9% during the 4th quarter. Navios Maritime Acquisition Corporation was founded in 2008 and is based in Monaco. Legal General Grp Incorporated Public Ltd Liability Corp reported 12,284 shares.

Navios Maritime Acquisition Corporation (NYSE:NNA) shares have been seen trading -57.06% off of the 52 week high and 8.94% away from the 52 week low.

Navios Maritime Acquisition's peers have higher revenue and earnings than Navios Maritime Acquisition. It also reduced its holding in Servicemaster Global Hldgs I (NYSE:SERV) by 1.16M shares in the quarter, leaving it with 854,537 shares, and cut its stake in Herbalife Ltd (Prn).

Navios Maritime Midstream (NYSE:NAP) last released its earnings results on Thursday, May 3rd. Also Globenewswire.com published the news titled: "Navios Maritime Acquisition Corporation Announces Sale and Leaseback Transaction" on April 19, 2018. $13,541 worth of Loews Corporation (NYSE:L) was sold by HARRIS WALTER L on Thursday, March 1. $370,578 worth of Loews Corporation (NYSE:L) was sold by TISCH JONATHAN M.

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