Navios Maritime Partners (NMM) AI Stock Analysis

• Market Cap: $1.65B
• Dividend Yield: 0.39%
• Average Volume (3M): 96.94K
• Price to Earnings (P/E): 6.5
• Beta (1Y): 1.16
• Revenue Growth: -1.33%
• EPS Growth: -33.66%
• Country: US
• Employees: 186
• Sector: Industrials
• Sector Strength: 72
• Industry: Marine Shipping
• EPS (TTM): 2.83
• Shares Outstanding: 28,866,657
• 10 Day Avg. Volume: 101,662
• 30 Day Avg. Volume: 96,944
• PEG Ratio: -0.24
• Price to Book (P/B): 0.42
• Price to Sales (P/S): 0.97
• P/FCF Ratio: -2.48
• Enterprise Value/Market Cap: 1.91
• Enterprise Value/Revenue: 2.40
• Enterprise Value/Gross Profit: 4.24
• Enterprise Value/Ebitda: 4.52
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 23.2
• Revenue Forecast (FY): $1.40B

• Rating: 76 Outperform
• Price Target: $61.00 ▲(10.05% Upside)

Navios Maritime Partners is well-positioned in the marine shipping industry, with strong revenue growth and attractive valuation metrics. The stock shows bullish technical indicators, though caution is advised due to overbought conditions. Earnings call insights reinforce a positive outlook, despite some financial challenges.

Positive Factors

Fleet Modernization

A modern fleet with a lower average age than the industry standard enhances operational efficiency and competitiveness, supporting long-term growth.

Long-Term Revenue Contracts

Securing long-term contracts ensures stable and predictable cash flows, reducing revenue volatility and enhancing financial stability.

Strong Liquidity Position

Robust liquidity and solid credit ratings provide financial flexibility, enabling strategic investments and resilience against market fluctuations.

Negative Factors

Increased Leverage

Higher leverage can increase financial risk, potentially impacting the company's ability to invest in growth and manage economic downturns.

Declining Profit Margins

Decreasing profit margins can erode profitability, limiting the company's ability to reinvest in its business and sustain long-term growth.

Cash Flow Management Challenges

Challenges in cash flow management may affect liquidity, hindering the company's capacity to fund operations and strategic initiatives.

Navios Maritime Partners Business Overview & Revenue Model

Company Description

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 liquid and dry cargo commodities, including crude oil, refined petroleum, chemicals, iron ore, coal, grain, fertilizer, and containers, as well as provides its vessels under short, medium, and longer-term charters. It operates a fleet of 26 Panamax vessels, 24 Capesize vessels, four Ultra-Handymax vessels, 47 containerships, and 45 tankers. 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.

How the Company Makes Money

Navios Maritime Partners generates revenue primarily through the chartering of its fleet of dry bulk and container vessels. The company earns income by entering into time charters, which provide stable, predictable revenue for a specified duration, and spot charters, which can yield higher rates based on market conditions. A significant portion of its revenue is derived from long-term contracts with major shipping companies, ensuring consistent cash flow. Additionally, the company may benefit from partnerships with other maritime operators, which can enhance its operational efficiency and expand its market reach. Factors contributing to its earnings include fluctuations in shipping rates, the demand for raw materials, and overall global trade activity.

Navios Maritime Partners Financial Statement Overview

Summary

Navios Maritime Partners shows strong revenue growth and operational efficiency, but faces challenges with declining profit margins and cash flow management. The balance sheet remains stable, though increased leverage warrants careful monitoring.

Income Statement

Navios Maritime Partners shows strong revenue growth with a TTM increase of 46.7%, indicating robust demand in the marine shipping industry. However, margins have declined compared to the previous year, with the gross profit margin dropping from 66.1% to 56.7% and net profit margin from 27.5% to 20.0%. Despite these declines, the company maintains a healthy EBIT margin of 28.5% and EBITDA margin of 53.2%, reflecting operational efficiency.

Balance Sheet

The company's debt-to-equity ratio has increased to 0.69 from 0.46, indicating higher leverage, which could pose a risk if not managed properly. However, the equity ratio remains stable, and the return on equity is a solid 8.3%, suggesting effective use of equity capital. Overall, the balance sheet reflects a stable financial position with manageable leverage.

Cash Flow

Navios Maritime Partners faces challenges in cash flow management, with a significant decline in free cash flow growth and a negative free cash flow to net income ratio of -0.71. The operating cash flow to net income ratio is positive at 1.16, indicating that operating activities are generating sufficient cash to cover net income, but the negative free cash flow highlights potential liquidity concerns.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.31B	1.33B	1.31B	1.21B	713.17M	226.77M
Gross Profit	742.88M	882.00M	859.39M	517.30M	343.51M	55.62M
EBITDA	697.20M	655.31M	794.03M	896.99M	601.75M	21.83M
Net Income	262.73M	367.31M	433.64M	579.25M	516.19M	-68.54M
Balance Sheet
Total Assets	5.92B	5.67B	5.15B	4.90B	3.62B	1.21B
Cash, Cash Equivalents and Short-Term Investments	381.57M	282.45M	287.38M	157.81M	159.47M	19.30M
Total Debt	2.23B	1.42B	1.31B	1.39B	1.14B	500.01M
Total Liabilities	2.69B	2.57B	2.38B	2.55B	1.85B	552.44M
Stockholders Equity	3.23B	3.11B	2.77B	2.34B	1.74B	654.83M
Cash Flow
Free Cash Flow	29.55M	-523.65M	95.30M	-104.24M	-1.71M	10.98M
Operating Cash Flow	502.99M	483.48M	560.32M	506.34M	277.17M	94.09M
Investing Cash Flow	-512.04M	-782.13M	-253.01M	-316.24M	-106.25M	-83.85M
Financing Cash Flow	75.99M	349.26M	-233.22M	-184.45M	-32.20M	-9.91M

Navios Maritime Partners Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 55.43
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NMM, the sentiment is Positive. The current price of 55.43 is above the 20-day moving average (MA) of 52.79, above the 50-day MA of 52.45, and above the 200-day MA of 44.09, indicating a bullish trend. The MACD of 1.18 indicates Negative momentum. The RSI at 70.50 is Negative, neither overbought nor oversold. The STOCH value of 85.97 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for NMM.

Navios Maritime Partners Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DAC	81 Outperform	$1.84B	4.01	13.16%	3.64%	3.82%	-13.73%
GSL	81 Outperform	$1.30B	3.27	26.18%	6.16%	7.13%	23.37%
NMM	76 Outperform	$1.65B	6.53	8.36%	0.39%	-1.33%	-33.66%
CMRE	76 Outperform	$1.98B	6.57	14.98%	2.94%	-29.82%	-16.77%
SBLK	67 Neutral	$2.36B	39.25	2.50%	1.59%	-13.87%	-82.48%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
GNK	59 Neutral	$847.57M	-117.51	-0.78%	4.04%	-24.58%	-110.22%

Navios Maritime Partners Corporate Events

Navios Maritime Partners Strengthens Financial Position with Asset Sales and Bond Issuance

In October 2025, Navios Maritime Partners completed the sale of two vessels for $22.4 million and secured a $68 million credit facility to refinance existing debt. Additionally, the company issued $300 million in senior unsecured bonds in the Nordic market to repay certain debts and support corporate purposes, reflecting strategic financial maneuvers to strengthen its market position.

The most recent analyst rating on (NMM) stock is a Buy with a $59.00 price target. To see the full list of analyst forecasts on Navios Maritime Partners stock, see the NMM Stock Forecast page.

Navios Maritime Partners Announces 2025 Annual Meeting Details

Navios Maritime Partners L.P. has announced its 2025 annual meeting of Limited Partners, scheduled for December 19, 2025, in Piraeus, Greece. The meeting’s agenda includes the election of a Class II director and the ratification of Ernst & Young as the independent accounting firm for the fiscal year ending December 31, 2025. This meeting is significant for stakeholders as it involves key decisions impacting the company’s governance and financial oversight.

The most recent analyst rating on (NMM) stock is a Hold with a $55.00 price target. To see the full list of analyst forecasts on Navios Maritime Partners stock, see the NMM Stock Forecast page.