|Bid||5.77 x 900|
|Ask||5.82 x 1200|
|Day's Range||5.64 - 5.85|
|52 Week Range||1.69 - 8.10|
|Beta (3Y Monthly)||2.88|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Navios Maritime Holdings, Inc. London, 07 October 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Navios Maritime Holdings, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
To own both dry bulkers and tankers would theoretically turn off both oil and grain investors who do not want exposure outside their respective interests. The pure play-versus-diversification issue reared its head yet again on June 11, with the announcement that Performance Shipping (NASDAQ: DCIX) – formerly a pure box-shipping company – had bought two tankers.
Navios (NM) has been upgraded to a Zacks Rank 2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Navios (NM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Navios Acquisition Corp (NYSE: NNA), the tanker arm of Angeliki Frangou's Navios Group, has reported stronger profits and additional steps to renew its fleet in the wake of last year's merger with related-party Navios Midstream. MLPs are designed to offer tax advantages to investors, who fund growth via share purchases in expectation of strong dividend returns.
Navios Partners (NYSE: NMM), an owner of dry bulk and container ships, swung to a loss in the latest quarter as rates were pressured by fallout from the Brazil iron-ore dam tragedy in January. Navios Partners is part of the Navios Group, which is led by Greek ship owner Angeliki Frangou. Parent company Navios Holdings (NYSE: NM) owns 18.3 percent of Navios Partners, while Navios Partners owns 33.5 percent of Navios Containers (NASDAQ: NCMI), which went public through a direct listing in December 2018 after its initial public offering failed to price.
Moody's Investors Service today downgraded the rating of the term loan B due 2020 issued by Navios Maritime Midstream L.P. (NAP) to B3 from B2 and withdrew NAP's B2 corporate family and B2-PD probability of default ratings. This rating action concludes the review of NAP's ratings.
Moody's Investors Service today upgraded the corporate family rating of Navios Maritime Holdings Inc. (Navios Holdings) to B2 from B3 and the probability of default rating to B2-PD from B3-PD. Moody's simultaneously upgraded the rating of Navios Holdings' $650 million senior secured ship mortgage notes due 2022 to B1 from B2. Further, Moody's upgraded the rating of the $305 million senior secured notes due 2022 to Caa1 from Caa2.
The company said it had a loss of 4 cents per share. Losses, adjusted for asset impairment costs and non-recurring costs, came to 1 cent per share. The shipping and logistics company posted revenue of ...
Moody's Investors Service today upgraded corporate family rating of Navios Maritime Partners L.P. ("Navios Partners" or "NMM") to B2 from B3, as well as NMM's probability of default rating to B2-PD from B3-PD and the instrument rating for its term loan B due September 2020 to B2 from B3. "This rating action reflects steady improvement in the dry bulk market over the past year, as well as Navios Partners' efforts to extend its average charter length," says Maria Maslovsky, a Moody's Vice President and lead analyst for the issuer.
Navios Maritime Partners (NMM) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Navios (NNA) delivered earnings and revenue surprises of -7.14% and -15.28%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
The company said it had net income of 23 cents per share. The operator of contracted crude oil tankers posted revenue of $22.6 million in the period. In the final minutes of trading on Monday, the company's ...
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