NMM

Navios Maritime Partners remains a top pick, with potential for $150+ per unit by late 2027 even after a 250% gain since I last highlighted the name in December 2023. Dry bulk market fundamentals are exceptional, with surging cargo-mile demand and a structurally undersupplied, aging global fleet supporting NMM's earnings outlook. NMM's $200M repurchase program is highly accretive, with NAV projected to surpass $200/unit heading into 2027.

Shares of shipping companies have surged to their highest levels in a decade or more, as a prolonged crisis in the Strait of Hormuz squeezes the global supply of vessels. The rally is being driven by disruption, as freight rates and stock prices soar.

Navios Maritime Partners L.P. Common Units (NMM) Q2 2026 Earnings Call Transcript

Navios Maritime Partners NYSE: NMM reported higher revenue, earnings and adjusted EBITDA for the second quarter of 2026, citing stronger time-charter equivalent rates across its shipping segments. The company also expanded its unit repurchase authorization, continued fleet-renewal investments and increased its contracted revenue backlog to a record $4.4 billion.

PIRAEUS, Greece, Aug. 20, 2026 (GLOBE NEWSWIRE) -- Navios Maritime Partners L.P. (“Navios Partners”) (NYSE: NMM), an international owner and operator of dry cargo and tanker vessels, today reported its financial results for the second quarter and six month period ended June 30, 2026.

PIRAEUS, Greece, Aug. 17, 2026 (GLOBE NEWSWIRE) -- Navios Maritime Partners L.P. ("Navios Partners") (NYSE:NMM) announced today that it will host a conference call on Thursday, August 20, 2026 at 8:30 am ET, at which time Navios Partners' senior management will provide highlights and commentary on earnings results for the second quarter and six months ended June 30, 2026.

PIRAEUS, Greece, July 30, 2026 (GLOBE NEWSWIRE) -- Navios Maritime Partners L.P. ("Navios Partners") (NYSE:NMM), announced today that its Board of Directors has declared a cash distribution of $0.06 per unit for the quarter ended June 30, 2026. This distribution represents an annualized distribution of $0.24 per unit.

Navios Maritime Partners (NMM) is rated a cautious Buy, supported by strong Q2 charter coverage, vessel sales, and fleet modernization. NMM's value-creating strategy includes selling old VLCCs at peak prices, ordering modern replacements, and securing long-term charters above historical averages. Despite trading at a deep discount to net vessel equity and low earnings multiples, persistent capital allocation toward fleet growth limits immediate upside.

PIRAEUS, Greece, May 27, 2026 (GLOBE NEWSWIRE) -- Navios Maritime Partners L.P. (the “Company”) announced today that it has successfully completed a USD 30 million tap issue of its outstanding senior unsecured bond due November 7, 2030 (ISIN: NO0013685115). The tap issue was priced at 102.75% of par and was initiated by a reverse inquiry.

Navios Maritime Partners LP is rated a buy, trading at 63% of tangible book value and positioned to capitalize on shipping market volatility. NMM's revenue mix balances stable contracted cash flows and market rate exposure, with $829 million in contracted revenue expected in the next three quarters of 2026. Recent investments have modernized NMM's fleet and enabled premium vessel sales, while a young fleet and strategic asset allocation support future growth.