NMM Stock Summary and Trading Ideas (Navios Maritime Partners LP Common Units Representing Limited Partner Interests | NYSE:NMM)

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 trades on the NYSE stock market under the symbol NMM.

As of January 31, 2025, NMM stock price climbed to $42.17 with 121,990 million shares trading.

NMM has a beta of 0.99, meaning it tends to be less sensitive to market movements. NMM has a correlation of 0.08 to the broad based SPY ETF.

NMM has a market cap of $1.26 billion. This is considered a Small Cap stock.

Last quarter Navios Maritime Partners LP Common Units Representing Limited Partner Interests reported $341 million in Revenue and $3.15 earnings per share. This beat revenue expectation by $3 million and missed earnings estimates by -$.84.

In the last 3 years, NMM traded as high as $65.89 and as low as $19.23.

The top ETF exchange traded funds that NMM belongs to (by Net Assets): LENS, SHPP.

NMM has outperformed the market in the last year with a return of +45.7%, while the SPY ETF gained +24.0%. However, in the most recent history, NMM shares have underperformed the stock market with its stock returning -21.2% in the last 3 month period and -3.2% for the last 2 week period, while SPY has returned +4.1% and +1.7%, respectively.

NMM support price is $41.03 and resistance is $43.09 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NMM shares will trade within this expected range on the day.