Somewhat Positive Media Coverage Somewhat Unlikely to Affect Navios Maritime Midstream Partners (NAP) Share Price

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Media stories about Navios Maritime Midstream Partners (NYSE:NAP) have trended somewhat positive this week, Accern reports. The research firm identifies positive and negative press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Navios Maritime Midstream Partners earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave headlines about the shipping company an impact score of 47.6380780889738 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Several research firms have recently commented on NAP. ValuEngine cut Navios Maritime Midstream Partners from a “sell” rating to a “strong sell” rating in a research note on Monday, July 2nd. Zacks Investment Research upgraded Navios Maritime Midstream Partners from a “sell” rating to a “hold” rating in a research note on Wednesday, April 25th. Citigroup cut their price target on Navios Maritime Midstream Partners from $6.50 to $4.50 and set a “neutral” rating for the company in a research note on Friday, May 4th. JPMorgan Chase & Co. upgraded Navios Maritime Midstream Partners from an “underweight” rating to an “overweight” rating and set a $6.00 price target for the company in a research note on Friday, April 20th. Finally, TheStreet cut Navios Maritime Midstream Partners from a “c” rating to a “d+” rating in a research note on Monday, May 7th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and one has assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $5.25.

Shares of Navios Maritime Midstream Partners traded down $0.01, hitting $3.33, during trading hours on Friday, Marketbeat reports. 42,963 shares of the company were exchanged, compared to its average volume of 89,146. Navios Maritime Midstream Partners has a 1 year low of $3.25 and a 1 year high of $10.40. The company has a debt-to-equity ratio of 0.89, a current ratio of 7.00 and a quick ratio of 7.00. The stock has a market capitalization of $71.39 million, a PE ratio of 4.76 and a beta of 1.13.

Navios Maritime Midstream Partners (NYSE:NAP) last released its quarterly earnings results on Thursday, July 26th. The shipping company reported $0.21 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.23 by ($0.02). Navios Maritime Midstream Partners had a positive return on equity of 6.44% and a negative net margin of 17.05%. The company had revenue of $20.79 million for the quarter, compared to analysts’ expectations of $18.98 million. equities research analysts anticipate that Navios Maritime Midstream Partners will post 0.63 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 14th. Investors of record on Monday, August 6th will be issued a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 15.02%. The ex-dividend date of this dividend is Friday, August 3rd. Navios Maritime Midstream Partners’s dividend payout ratio is presently 71.43%.

Navios Maritime Midstream Partners Company Profile

Navios Maritime Midstream Partners L.P. owns, operates, and acquires crude oil tankers, refined petroleum product tankers, chemical tankers, and liquefied petroleum gas tankers. The company provides seaborne shipping services through its vessels under long-term employment contracts to international oil companies, refiners, and large vessel operators.

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