Navios Maritime Acquisition Corp Plans Quarterly Dividend of $0.05 (NNA)
Navios Maritime Acquisition Corp (NYSE:NNA) announced a quarterly dividend on Tuesday, August 19th, AmericanBankingNews.com reports. Stockholders of record on Wednesday, September 17th will be paid a dividend of 0.05 per share on Thursday, October 2nd. This represents a $0.20 annualized dividend and a dividend yield of 5.87%.
On the ratings front, analysts at Canaccord Genuity initiated coverage on shares of Navios Maritime Acquisition Corp in a research note on Tuesday, July 8th. They set a “hold” rating and a $3.75 price target on the stock. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company’s stock. Navios Maritime Acquisition Corp currently has a consensus rating of “Hold” and a consensus price target of $31.37.
Navios Maritime Acquisition Corp (NYSE:NNA) opened at 3.41 on Tuesday. Navios Maritime Acquisition Corp has a 1-year low of $2.98 and a 1-year high of $4.95. The stock has a 50-day moving average of $3.38 and a 200-day moving average of $3.64. The company’s market cap is $517.2 million.
Navios Maritime Acquisition Corp (NYSE:NNA) last released its earnings data on Tuesday, August 19th. The company reported ($0.01) EPS for the quarter, meeting the Thomson Reuters consensus estimate of ($0.01). The company had revenue of $62.20 million for the quarter, compared to the consensus estimate of $63.09 million. Analysts expect that Navios Maritime Acquisition Corp will post $0.08 EPS for the current fiscal year.
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