Navios Maritime Acquisition (NYSE:NNA) Earns Daily Coverage Optimism Rating of 0.22

Press coverage about Navios Maritime Acquisition (NYSE:NNA) has trended somewhat positive on Friday, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Navios Maritime Acquisition earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned news headlines about the shipping company an impact score of 44.8509095294932 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

These are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:

Shares of Navios Maritime Acquisition stock opened at $0.80 on Friday. The firm has a market capitalization of $115.44, a P/E ratio of -6.64 and a beta of 0.90. The company has a current ratio of 3.13, a quick ratio of 0.92 and a debt-to-equity ratio of 2.30. Navios Maritime Acquisition has a twelve month low of $0.67 and a twelve month high of $1.75.

Navios Maritime Acquisition (NYSE:NNA) last released its earnings results on Wednesday, February 7th. The shipping company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($0.04). The firm had revenue of $44.20 million during the quarter, compared to analyst estimates of $53.63 million. Navios Maritime Acquisition had a negative net margin of 34.67% and a negative return on equity of 3.81%. sell-side analysts predict that Navios Maritime Acquisition will post -0.19 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 27th. Investors of record on Thursday, March 22nd were issued a $0.02 dividend. The ex-dividend date of this dividend was Wednesday, March 21st. This represents a $0.08 annualized dividend and a yield of 10.04%. Navios Maritime Acquisition’s payout ratio is -66.67%.

Navios Maritime Acquisition declared that its board has initiated a stock repurchase plan on Wednesday, February 7th that permits the company to repurchase $25.00 million in outstanding shares. This repurchase authorization permits the shipping company to buy shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s leadership believes its shares are undervalued.

Several brokerages recently weighed in on NNA. Zacks Investment Research raised shares of Navios Maritime Acquisition from a “sell” rating to a “hold” rating in a research note on Thursday, December 28th. ValuEngine cut shares of Navios Maritime Acquisition from a “sell” rating to a “strong sell” rating in a research note on Friday, February 2nd. Finally, JPMorgan Chase reissued a “neutral” rating on shares of Navios Maritime Acquisition in a research note on Friday, January 19th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $1.63.

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Navios Maritime Acquisition Company Profile

Navios Maritime Acquisition Corporation is an international shipping company. The Company owns a fleet of modern crude oil, refined petroleum product and chemical tankers providing marine transportation services around the world. The Company charters its vessels to international oil companies, refiners and vessel operators under long, medium and short-term charters.

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