News headlines about Navios Maritime Midstream Partners (NYSE:NAP) have trended somewhat positive on Monday, Accern Sentiment reports. Accern ranks the sentiment of press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Navios Maritime Midstream Partners earned a news impact score of 0.06 on Accern’s scale. Accern also assigned news stories about the shipping company an impact score of 47.3927373597068 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the media headlines that may have effected Accern’s scoring:
- Navios Maritime Midstream Partn (NYSE:NAP) Experiences Heavier than Usual Trading Volume (leisuretravelaid.com)
- Navios Maritime Partners LP (NMM) Lifted to Hold at BidaskClub (campdesrecrues.com)
- What Kind of Picture Are the Technicals Painting For Navios Maritime Midstream Partners LP (NAP)? - Stock Press Daily (stockpressdaily.com)
- What’s Behind Navios Maritime Midstream Partners LP (NAP)? Technical Indicators Under Review - FLBC News (flbcnews.com)
- Navios Maritime Midstream Partners LP (NAP) Ex-Dividend Date (nasdaq.com)
A number of research firms have recently weighed in on NAP. Zacks Investment Research downgraded shares of Navios Maritime Midstream Partners from a “hold” rating to a “sell” rating in a report on Tuesday, August 1st. Bank of America Corporation downgraded shares of Navios Maritime Midstream Partners from a “neutral” rating to an “underperform” rating and reduced their target price for the stock from $13.00 to $8.00 in a report on Friday, June 23rd. Finally, ValuEngine downgraded shares of Navios Maritime Midstream Partners from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. Two investment analysts have rated the stock with a sell rating and three have issued a hold rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $10.33.
Shares of Navios Maritime Midstream Partners (NAP) opened at 9.80 on Monday. The stock has a 50 day moving average of $10.06 and a 200-day moving average of $10.92. The company has a market capitalization of $205.28 million, a P/E ratio of 11.84 and a beta of 0.52. Navios Maritime Midstream Partners has a 12-month low of $9.07 and a 12-month high of $14.19.
Navios Maritime Midstream Partners (NYSE:NAP) last posted its quarterly earnings results on Wednesday, July 26th. The shipping company reported $0.10 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.23 by $0.13. The business had revenue of $18.50 million during the quarter, compared to analysts’ expectations of $21.14 million. Navios Maritime Midstream Partners had a return on equity of 5.73% and a net margin of 18.41%. The business’s quarterly revenue was down 18.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.28 earnings per share. Equities research analysts forecast that Navios Maritime Midstream Partners will post $0.76 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 11th. Investors of record on Tuesday, August 8th will be given a dividend of $0.4225 per share. This represents a $1.69 annualized dividend and a yield of 17.24%. The ex-dividend date of this dividend is Friday, August 4th. Navios Maritime Midstream Partners’s payout ratio is currently 196.51%.
Navios Maritime Midstream Partners Company Profile
Navios Maritime Midstream Partners L.P. (Navios Midstream) is a holding company. The Company’s principal activity is to own, operate and acquire crude oil tankers under long-term employment contracts, as well as refined petroleum product tankers, chemical tankers, and liquefied petroleum gas (LPG) tankers under long-term employment contracts.
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