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 the chartering of vessels and 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 April 11, 2025, NMM stock price climbed to $31.73 with 346,921 million shares trading.

NMM has a beta of 1.32, meaning it tends to be more sensitive to market movements. NMM has a correlation of 0.31 to the broad based SPY ETF.

NMM has a market cap of $945.78 million. This is considered a Small Cap stock.

Last quarter Navios Maritime Partners LP Common Units Representing Limited Partner Interests reported $333 million in Revenue and $2.61 earnings per share. This fell short of revenue expectation by $-8 million and missed earnings estimates by -$.46.

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 underperformed the market in the last year with a price return of -26.4% while the SPY ETF gained +4.5%. NMM has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -30.8% and -18.4%, respectively, while the SPY returned -7.7% and -3.9%, respectively.

NMM support price is $29.95 and resistance is $32.05 (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.