Navios Maritime Partners L.P. (NMM)
Navios Maritime Partners L.P. operates in the Marine Shipping industry of the Industrials sector, headquartered in Piraeus, GI, GR. The stock last traded at $78.88, up 0.60% on the session, giving a market capitalisation of $2.24B. On trailing twelve-month figures it carries a trailing P/E of 6.65, a net margin of 24.9%. Its beta of 1.02 implies it has historically moved more than the broad market.
Navios Maritime Partners L.P. is a company that manages and possesses vessels specialized in dry cargo, delivering vital marine shipping solutions across global markets including Asia, Europe, North America, and Australia. The firm facilitates the ocean-borne transport of a diverse array of liquid and dry bulk materials, encompassing everything from crude oil, refined petroleum products, and chemicals to iron ore, coal, grain, fertilizers, and containerized freight. Its substantial fleet consists of 26 Panamax carriers, 24 Capesize ships, four Ultra-Handymax vessels, 47 containerships, and 45 tankers, which are operated under various short, medium, and long-term charter arrangements. Olympos Maritime Ltd. functions as the general partner for Navios Maritime Partners L.P., an entity that commenced operations in 2007 and maintains its principal offices in Monaco.
Navios Maritime Partners L.P. is most often compared with the following Industrials names: