Navios Maritime Acquisition Corp Given Consensus Rating of “Hold” by Brokerages (NYSE:NNA)
Shares of Navios Maritime Acquisition Corp (NYSE:NNA) have been given a consensus rating of “Hold” by the eight ratings firms that are presently covering the stock, AnalystRatings.NET reports. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 1-year target price among analysts that have covered the stock in the last year is $26.89.
Shares of Navios Maritime Acquisition Corp (NYSE:NNA) opened at 3.38 on Wednesday. Navios Maritime Acquisition Corp has a 52 week low of $2.98 and a 52 week high of $4.95. The stock’s 50-day moving average is $3.35 and its 200-day moving average is $3.63. The company’s market cap is $512.6 million.
Navios Maritime Acquisition Corp (NYSE:NNA) last issued its quarterly earnings data on Tuesday, August 19th. The company reported ($0.01) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.01). The company had revenue of $62.20 million for the quarter. Analysts expect that Navios Maritime Acquisition Corp will post $0.10 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Thursday, October 2nd. Shareholders of record on Wednesday, September 17th will be given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 5.92%. The ex-dividend date of this dividend is Monday, September 15th.
Several analysts have recently commented on the stock. Analysts at Evercore Partners cut their price target on shares of Navios Maritime Acquisition Corp from $5.00 to $4.50 in a research note on Wednesday. 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.
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