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NYSE:NMM - Navios Maritime Partners Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $20.33
  • Forecasted Upside: -26.70 %
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$27.74 As of 06/14/2021 01:00 AM ET
▼ -1.72 (-5.84%)
1 month | 3 months | 12 months
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Analyst Price Target for NMM

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$20.33
▼ -26.70% Downside Potential
This price target is based on 2 analysts offering 12 month price targets for Navios Maritime Partners in the last 3 months. The average price target is $20.33, with a high forecast of $21.00 and a low forecast of $20.00. The average price target represents a -26.70% upside from the last price of $27.74.

Buy

The current consensus among 2 investment analysts is to buy stock in Navios Maritime Partners. This rating has held steady since September 2020, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
12/22/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
3/21/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
6/19/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
9/17/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
12/16/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/16/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
5/15/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/14/2021

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
2/24/2021CitigroupBoost Price Target$7.50 ➝ $21.00Medium
i
1/29/2021Janney Montgomery ScottBoost Price TargetBuy$15.00 ➝ $20.00High
i
1/29/2021Jefferies Financial GroupBoost Price TargetBuy$15.00 ➝ $20.00High
i
1/8/2021Jefferies Financial GroupUpgradeHold ➝ Buy$7.50 ➝ $15.00High
i
Rating by Randy Giveans at Jefferies Financial Group Inc.
10/23/2020Jefferies Financial GroupLower Price TargetHold$9.00 ➝ $7.00Medium
i
Rating by Randy Giveans at Jefferies Financial Group Inc.
7/29/2020Jefferies Financial GroupDowngradeBuy ➝ Hold$9.00High
i
1/27/2020Fearnley FondsDowngradeBuy ➝ Hold$15.00Low
i
9/20/2019CitigroupLower Price TargetNeutral$33.75 ➝ $21.50Medium
i
10/17/2018JPMorgan Chase & Co.UpgradeNeutral ➝ OverweightHigh
i
4/17/2018Morgan StanleyLower Price TargetUnderweight ➝ Underweight$33.00 ➝ $27.00High
i
2/5/2018Jefferies Financial GroupSet Price TargetBuy$45.00Medium
i
Rating by Randy Giveans at Jefferies Financial Group Inc.
1/17/2018JPMorgan Chase & Co.DowngradeOverweight ➝ NeutralMedium
i
Rating by Noah Parquette at JPMorgan Chase & Co.
12/18/2017Jefferies Financial GroupInitiated CoverageBuy$30.00Medium
i
Rating by Randy Giveans at Jefferies Financial Group Inc.
11/16/2017CitigroupBoost Price TargetNeutral$30.00 ➝ $33.75N/A
i
9/1/2017Stifel NicolausReiterated RatingHold$33.75Low
i
Rating by Selman Akyol at Stifel Nicolaus
6/23/2017Stifel NicolausReiterated RatingHold$33.75Low
i
6/5/2017Jefferies Financial GroupInitiated CoverageBuy$30.00Low
i
4/25/2017CitigroupBoost Price TargetNeutral$30.00 ➝ $33.75Low
i
2/15/2017Stifel NicolausBoost Price TargetHold$22.50 ➝ $26.25N/A
i
9/12/2016Jefferies Financial GroupReiterated RatingBuyN/A
i
Rating by douglas mavrinac at Jefferies Financial Group Inc.
9/6/2016Jefferies Financial GroupReiterated RatingBuyN/A
i
Rating by douglas mavrinac at Jefferies Financial Group Inc.
8/29/2016Jefferies Financial GroupReiterated RatingBuyN/A
i
Rating by Douglas Mavrinac at Jefferies Financial Group Inc.
8/23/2016Jefferies Financial GroupReiterated RatingBuyN/A
i
Rating by Douglas Mavrinac at Jefferies Financial Group Inc.
8/1/2016Jefferies Financial GroupReiterated RatingBuyN/A
i
Rating by Douglas Mavrinac at Jefferies Financial Group Inc.
(Data available from 6/14/2016 forward)
Navios Maritime Partners logo
Navios Maritime Partners L.P. owns and operates dry cargo vessels in Asia, Europe, North America, and Australia. The company offers seaborne transportation services for a range of dry cargo commodities, including iron ore, coal, grain, fertilizers, and containers, as well as charters its vessels under medium to long-term charters. As of March 24, 2021, it operated a fleet of 52 vessels. Olympos Maritime Ltd. serves as the general partner of Navios Maritime Partners L.P. The company was founded in 2007 and is based in Monaco.
Read More

Today's Range

Now: $27.74
$27.63
$29.96

50 Day Range

MA: $29.32
$24.99
$34.93

52 Week Range

Now: $27.74
$5.51
$36.46

Volume

630,507 shs

Average Volume

490,075 shs

Market Capitalization

$549.81 million

P/E Ratio

4.20

Dividend Yield

0.68%

Beta

2.68

Frequently Asked Questions

What sell-side analysts currently cover shares of Navios Maritime Partners?

The following Wall Street research analysts have issued stock ratings on Navios Maritime Partners in the last twelve months: Citigroup Inc., Janney Montgomery Scott, Jefferies Financial Group Inc., TheStreet, and Zacks Investment Research.
View the latest analyst ratings for NMM.

What is the current price target for Navios Maritime Partners?

3 Wall Street analysts have set twelve-month price targets for Navios Maritime Partners in the last year. Their average twelve-month price target is $20.33, suggesting a possible downside of 26.7%. Citigroup Inc. has the highest price target set, predicting NMM will reach $21.00 in the next twelve months. Jefferies Financial Group Inc. has the lowest price target set, forecasting a price of $20.00 for Navios Maritime Partners in the next year.
View the latest price targets for NMM.

What is the current consensus analyst rating for Navios Maritime Partners?

Navios Maritime Partners currently has 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe NMM will outperform the market and that investors should add to their positions of Navios Maritime Partners.
View the latest ratings for NMM.

What other companies compete with Navios Maritime Partners?

Other companies that are similar to Navios Maritime Partners include Star Bulk Carriers, Euronav, Pacific Basin Shipping, Frontline, Costamare, Danaos, Scorpio Tankers, DHT, SFL, Genco Shipping & Trading, Global Ship Lease, TORM, Navigator, Eagle Bulk Shipping and Dorian LPG.

How do I contact Navios Maritime Partners' investor relations team?

Navios Maritime Partners' physical mailing address is 7 AVENUE DE GRANDE BRETAGNE OFFICE 11B2, MONTE CARLO MC O9, 98000. The shipping company's listed phone number is 377-9798-2140 and its investor relations email address is [email protected] The official website for Navios Maritime Partners is www.navios-mlp.com.