Overview
Greece-based dry cargo and tanker operator's Q4 revenue rose
Company announced 20% increase in dividend distributions from Q1 2026
Outlook
Navios Partners expects 2026 revenue of $1,043.1 mln
Company sees 2027 revenue at $760.4 mln
Navios Partners increases dividend by 20% from Q1 2026
Result Drivers
HIGHER TCE RATES - Increase in Q4 time charter and voyage revenues attributed to higher TCE rates
FLEET MANAGEMENT - Strategic acquisitions and sales of vessels contributed to financial results
GEOPOLITICAL INFLUENCES - Geopolitical tensions and trade route changes impacting operations
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Beat | $365.55 mln | $316.27 mln (1 Analyst) |
Q4 EPS | $3.99 | ||
Q4 Adjusted Net Income | Beat | $99.98 mln | $61.07 mln (2 Analysts) |
Q4 Net Income | $117.33 mln | ||
Q4 Adjusted EBITDA | Beat | $207.42 mln | $201.92 mln (2 Analysts) |
Q4 EBITDA | $224.77 mln |
Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the marine freight & logistics peer group is "buy."
Wall Street's median 12-month price target for Navios Maritime Partners LP is $80.00, about 24% above its February 18 closing price of $64.54
The stock recently traded at 4 times the next 12-month earnings vs. a P/E of 5 three months ago
Press Release: ID:nGNXbjNgTJ
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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