Shares of Navios Maritime Midstream Partners LP (NYSE:NAP) have been given a consensus rating of “Hold” by the six analysts that are covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $8.00.

Several brokerages recently issued reports on NAP. ValuEngine upgraded shares of Navios Maritime Midstream Partners from a “hold” rating to a “buy” rating in a research report on Tuesday, October 3rd. Citigroup boosted their price target on shares of Navios Maritime Midstream Partners from $7.00 to $8.00 and gave the company a “neutral” rating in a research report on Friday, October 20th. Zacks Investment Research upgraded shares of Navios Maritime Midstream Partners from a “sell” rating to a “hold” rating in a report on Wednesday, August 23rd. Finally, TheStreet upgraded shares of Navios Maritime Midstream Partners from a “d+” rating to a “c” rating in a report on Monday, November 13th.

Navios Maritime Midstream Partners (NAP) opened at $7.66 on Friday. Navios Maritime Midstream Partners has a 52-week low of $6.55 and a 52-week high of $12.70. The company has a debt-to-equity ratio of 0.75, a quick ratio of 12.24 and a current ratio of 12.24. The stock has a market cap of $150.38, a PE ratio of 9.90, a P/E/G ratio of 2.78 and a beta of 0.61.

Navios Maritime Midstream Partners (NYSE:NAP) last announced its quarterly earnings results on Thursday, October 19th. The shipping company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.03). Navios Maritime Midstream Partners had a net margin of 16.83% and a return on equity of 5.22%. The company had revenue of $20.74 million for the quarter, compared to analysts’ expectations of $21.24 million. During the same quarter in the prior year, the firm earned $0.26 EPS. Navios Maritime Midstream Partners’s quarterly revenue was down 6.6% compared to the same quarter last year. research analysts forecast that Navios Maritime Midstream Partners will post 0.69 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, November 14th. Shareholders of record on Friday, November 10th were issued a $0.4225 dividend. This represents a $1.69 dividend on an annualized basis and a yield of 22.06%. The ex-dividend date of this dividend was Thursday, November 9th. Navios Maritime Midstream Partners’s dividend payout ratio (DPR) is presently 219.48%.

Institutional investors and hedge funds have recently made changes to their positions in the business. CWA Asset Management Group LLC purchased a new stake in Navios Maritime Midstream Partners in the second quarter worth about $133,000. Virtu KCG Holdings LLC purchased a new stake in Navios Maritime Midstream Partners in the second quarter worth about $266,000. CS Mckee LP grew its holdings in Navios Maritime Midstream Partners by 33.0% in the third quarter. CS Mckee LP now owns 64,900 shares of the shipping company’s stock worth $484,000 after purchasing an additional 16,100 shares during the period. Finally, Arrow Investment Advisors LLC purchased a new stake in Navios Maritime Midstream Partners in the second quarter worth about $570,000. Institutional investors and hedge funds own 23.46% of the company’s stock.

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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.

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