Media coverage about Navios Maritime Midstream Partners (NYSE:NAP) has been trending negative on Friday, AlphaOne Sentiment Analysis reports. The research firm, a division of Accern, rates the sentiment of press coverage by monitoring more than twenty million news and blog sources. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Navios Maritime Midstream Partners earned a news sentiment score of -0.39 on AlphaOne’s scale. AlphaOne also gave press coverage about the shipping company an impact score of 0 out of 100, meaning that recent press coverage is extremely unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the media headlines that may have impacted AlphaOne’s analysis:
Shares of Navios Maritime Midstream Partners (NYSE:NAP) opened at 10.80 on Friday. The firm has a 50-day moving average price of $11.48 and a 200-day moving average price of $11.14. The stock has a market cap of $226.01 million, a P/E ratio of 10.33 and a beta of 0.63. Navios Maritime Midstream Partners has a 52-week low of $9.07 and a 52-week high of $14.20.
Navios Maritime Midstream Partners (NYSE:NAP) last issued its earnings results on Thursday, April 27th. The shipping company reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.25 by $0.03. The firm had revenue of $21.10 million during the quarter, compared to analysts’ expectations of $21.42 million. Navios Maritime Midstream Partners had a return on equity of 9.04% and a net margin of 27.10%. The company’s quarterly revenue was down 12.4% compared to the same quarter last year. During the same period last year, the business posted $0.36 earnings per share. On average, analysts anticipate that Navios Maritime Midstream Partners will post $0.92 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Thursday, May 11th. Investors of record on Friday, May 5th were given a $0.4225 dividend. This represents a $1.69 annualized dividend and a dividend yield of 15.65%. The ex-dividend date of this dividend was Wednesday, May 3rd. Navios Maritime Midstream Partners’s dividend payout ratio (DPR) is currently 143.22%.
Several analysts recently commented on NAP shares. Credit Suisse Group AG reaffirmed a “neutral” rating and set a $12.00 target price (down from $13.00) on shares of Navios Maritime Midstream Partners in a report on Friday, January 13th. Zacks Investment Research lowered Navios Maritime Midstream Partners from a “hold” rating to a “sell” rating in a report on Friday, January 20th. Finally, Citigroup Inc lowered Navios Maritime Midstream Partners from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $13.00 to $11.00 in a research note on Thursday, January 26th. One analyst has rated the stock with a sell rating and five have issued a hold rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $11.00.
Navios Maritime Midstream Partners Company Profile
Navios Maritime Midstream Partners L.P. (Navios Midstream) is a holding company. The Company’s principal activity is to own, operate and acquire crude oil tankers under long-term employment contracts, as well as refined petroleum product tankers, chemical tankers, and liquefied petroleum gas (LPG) tankers under long-term employment contracts.