NMM · NYSE · Marine Shipping

Navios Maritime Partners (NMM)

Moves commodity and container cargoes through dry-bulk, containership and tanker fleets.

$87.60
vs last close−0.51 (−0.58%)
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Navios Maritime Partners L.P.NMM
Industrials

Operates dry-bulk carriers, containerships and tankers that transport liquid and dry commodities under charters. The current three-fleet structure followed its 2021 combinations with Navios Maritime Containers and Navios Maritime Acquisition.

Operates dry-bulk carriers, containerships and tankers that move liquid and dry commodities under short- to long-term charters. The fleet carries petroleum cargoes, chemicals, iron ore, coal, grain, fertilizer and containerized goods across seaborne trade routes.

The current three-fleet structure followed combinations with Navios Maritime Containers and Navios Maritime Acquisition in 2021. Vessel assets support transportation across commodity and container markets rather than a single shipping niche.

Relies on affiliated Navios Shipmanagement entities for commercial and technical operations under a Master Management Agreement. Charter rates, charterer performance, vessel costs, financing availability and maritime regulation shape the business.

Company facts

CEOAngeliki Frangou
ListedNov 13, 2007
ExchangeNYSE
HeadquartersPiraeus, Greece
CountryMonaco
Employees186
CIK0001415921
ISINMHY622674098

Market cap$2.50B
EPS (ttm)$15.31
P/E (ttm)5.76
ROE13.1%
P/B0.6970
P/S1.69
Dividend yieldDiv yield0.25%
Beta0.56vs XLI 0.05

Price target$85.00−3.5%Average of 14 analysts
ConsensusHold8 of 14 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Apr 24, 2026JefferiesTarget
Target: $80
Target: $85

Next report
Nov 17, 26
estimated · in 55 days
EPS estimate
$4.56
Revenue estimate
$378.6M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$2.61$1.58$2.15$2.83$3.40$3.35$4.65Pending
Estimate$4.54$1.62$1.74$2.54$2.38$2.77$4.35$4.56
Surprise−42.5%−2.5%+23.6%+11.4%+42.9%+20.9%+6.9%

RevenueReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$332.5M$304.1M$327.6M$346.9M$365.6M$357.0M$410.2MPending
Estimate$254.0M$309.6M$323.3M$315.4M$316.0M$317.8M$360.8M$378.6M
Surprise+30.9%−1.8%+1.3%+10.0%+15.7%+12.3%+13.7%
Estimate$4.56
ReportedDue Nov 17, 2026
Estimate$378.6M
ReportedDue Nov 17, 2026
View details

Debt to equity68.60%
Current ratio153.10%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$340.8M$332.5M$304.1M$327.6M$346.9M$365.6M$357.0M$410.2M
Net income$95.8M$92.7M$40.9M$68.5M$55.1M$117.3M$106.3M$167.9M
Net margin28.1%27.9%13.4%20.9%15.9%32.1%29.8%40.9%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$120.0M$108.8M$81.5M$94.7M$90.0M$130.6M$125.6M$161.6M
YoY growth+8.7%+0.5%−16.7%−21.7%−25.0%+20.1%+54.1%+70.6%

Balance sheet, Jun 30, 2026Cash & short-term investments $469.3M · Total debt $2.46B · Total assets $6.26B · Shareholders' equity $3.59B

Revenue
$410.2M
Operating income
$161.6M
Net income
$167.9M
View details

Dividend yield
0.25%
Next ex-date
Nov 10, 26
estimated · in 48 days
Annual dividend
$0.22
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Nov '24Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26
Dividend$0.05$0.05$0.05$0.05$0.05$0.05$0.06$0.06
Annual yield0.41%0.46%0.54%0.46%0.40%0.32%0.29%0.28%
Ex-dateNov 12Feb 10May 9Aug 11Nov 10Feb 9May 11Aug 10
Payment dateNov 15Feb 13May 14Aug 14Nov 14Feb 12May 14Aug 13
View details

Institutions34.12%9.70M ADS
94 holders · as of Jun 30, 2026
Insiders29.24%8.31M ADS
9 holders · as of Aug 12, 2026
Strategic holders11.20%3.18M ADS
1 holder · as of Oct 26, 2021
Other25.44%7.23M ADS
remainder

28.42M ADS as of Sep 12, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

The share count is from the company's Dec 2024 annual report; nothing newer is on file here.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Angeliki Frangou1,2Insiderdirector, 10 percent owner, officer: See Remarks
18.14%5.04M ordinaryfiled Aug 12, 2026
Pilgrim Global Advisors LLCInstitution
16.32%4.64M ADSas of Jun 30, 2026
Navios Maritime Holdings Inc.Strategic
11.20%3.18Mfiled Oct 26, 2021
Ned L. SherwoodInsider
5.74%1.63Mfiled Nov 28, 2023
George O. Sertl, Jr.Insider
5.31%1.51Mfiled Feb 14, 2025
  1. Angeliki Frangou's transaction reports restate only vehicles that traded; the 2026 ownership statement (5.04M) plus the 115.9K net shares acquired since is used instead.
  2. Angeliki Frangou reports a block also reported by Pilgrim Global Advisors LLC; it is counted once, under Pilgrim Global Advisors LLC.

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 12, 2026Angeliki Frangoudirector, 10 percent owner, officer: See Remarks+1,062$79.16
Aug 11, 2026Angeliki Frangoudirector, 10 percent owner, officer: See Remarks+1,057$78.40
Aug 10, 2026Angeliki Frangoudirector, 10 percent owner, officer: See Remarks+1,050$79.09
Aug 7, 2026Angeliki Frangoudirector, 10 percent owner, officer: See Remarks+1,054$78.94
Aug 6, 2026Angeliki Frangoudirector, 10 percent owner, officer: See Remarks+1,063$79.53
View details

  • Star Bulk Carriers

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  • Frontline

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  • Costamare Bulkers

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  • Costamare

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  • International Seaways

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Compare

CompanyPriceChange
Navios Maritime Partners$87.60−0.58%$2.50B5.84.71.7+25.2%
Star Bulk Carriers$30.27−2.17%$3.45B12.17.12.9+61.6%
Danaos$153.49−1.61%$2.84B5.35.62.7+4.7%
Frontline$47.18−1.55%$10.67B7.26.03.9+166.2%
Costamare Bulkers$22.42−1.43%$551.5M151.70.8
Costamare$14.67−1.34%$1.80B5.75.92.1−12.3%
International Seaways$100.93−2.91%$5.15B6.68.44.1+121.9%
Median6.96.02.8+61.6%