|Bid||3.7300 x 1100|
|Ask||3.7700 x 900|
|Day's Range||3.6750 - 3.8700|
|52 Week Range||3.6750 - 14.3200|
|Beta (3Y Monthly)||0.38|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||1.00 (24.81%)|
|1y Target Est||N/A|
Moody's Investors Service (Moody's) downgraded Martin Midstream Partners L.P.'s (Martin Midstream) Corporate Family Rating (CFR) to B3 from B2, its Probability of Default Rating (PDR) to B3-PD from B2-PD, senior unsecured notes rating to Caa2 from Caa1, and Speculative Grade Liquidity (SGL) rating to SGL-4 from SGL-3. The SGL-4 liquidity rating reflects weak liquidity with a heavily used revolver expiring in March 2020, and the senior notes shortly thereafter in February 2021.
The dividend yield of Martin Midstream Partners LP stocks is 16.07%. Warning! GuruFocus has detected 1 Warning Sign with MMLP. For the last quarter Martin Midstream Partners LP reported a revenue of $252.8 million, compared with the revenue of $305.7 million during the same period a year ago.
Lone Star Ports LLC will lead development and operation of a Carlyle Group-backed crude export terminal in Corpus Christi, Texas, that can fully load supertankers, according to a statement from the project leaders on Friday. Carlyle Group and the Port of Corpus Christi Authority in October jointly proposed building a $1 billion crude export terminal on an island controlled by the authority. Thursday's announcement adds a project manager to oversee development and construction of the facility, one of three competing to be the first to begin operations in the area.
According to the GuruFocus All-In-One Screener, the following stocks have high dividend yields but performed poorly over the last 12 months. Haverty Furniture Companies Inc.'s (HVT) dividend yield is 3.20% with a payout ratio of 66%. Over the last 52 weeks, the stock price has fallen 15.3%.
If you’re interested in Martin Midstream Partners LP (NASDAQ:MMLP), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stockRead More...