Quant check dry bulk shipping names as Baltic Dry Index strength supports sentiment
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Globe Newswire (Fri, 13-Mar 4:10 PM ET)
Globe Newswire (Thu, 19-Feb 7:29 AM ET)
Globe Newswire (Fri, 13-Feb 7:30 AM ET)
Navios Maritime Partners L.P. Announces Cash Distribution of $0.05 per Unit
Globe Newswire (Thu, 29-Jan 4:10 PM ET)
Navios Maritime Partners LP is an international owner and operator of dry cargo and tanker vessels. Its vessels are generally chartered-out under short-term, medium-term and long-term time charters with an average remaining charter duration of approximately 2.1 years to a group of counterparties. Its fleet consisted of dry bulk vessels, containerships and tanker vessels, including two newbuilding capesize vessels, newbuilding containerships and newbuilding tankers. It operates in single segment.
Navios Maritime Partners LP Common Units Representing Limited Partner Interests trades on the NYSE stock market under the symbol NMM.
As of April 21, 2026, NMM stock price declined to $69.01 with 73,711 million shares trading.
NMM has a beta of 0.90, meaning it tends to be less sensitive to market movements. NMM has a correlation of 0.13 to the broad based SPY ETF.
NMM has a market cap of $1.97 billion. This is considered a Small Cap stock.
Last quarter Navios Maritime Partners LP Common Units Representing Limited Partner Interests reported $366 million in Revenue and $3.40 earnings per share. This beat revenue expectation by $50 million and missed earnings estimates by -$.32.
In the last 3 years, NMM traded as high as $74.21 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 +112.4%, while the SPY ETF gained +35.3%. In the last 3 month period, NMM beat the market returning +23.3%, while SPY returned +4.3%. However, in the most recent 2 weeks NMM has underperformed the stock market by returning -2.8%, while SPY returned +7.0%.
NMM support price is $68.18 and resistance is $71.84 (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.
