Equities research analysts expect Navios Maritime Midstream (NYSE:NAP) to post $0.17 earnings per share for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for Navios Maritime Midstream’s earnings, with the highest EPS estimate coming in at $0.17 and the lowest estimate coming in at $0.16. Navios Maritime Midstream reported earnings of $0.22 per share in the same quarter last year, which suggests a negative year-over-year growth rate of 22.7%. The firm is scheduled to report its next quarterly earnings report on Thursday, April 26th.

Zacks’ EPS averages are an average based on a survey of research analysts that cover Navios Maritime Midstream.

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Navios Maritime Midstream (NYSE:NAP) last posted its earnings results on Wednesday, January 31st. The shipping company reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.02). Navios Maritime Midstream had a net margin of 14.73% and a return on equity of 4.64%. The company had revenue of $22.70 million during the quarter, compared to analysts’ expectations of $21.32 million.

Several equities analysts have issued reports on the company. ValuEngine lowered Navios Maritime Midstream from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. TheStreet upgraded Navios Maritime Midstream from a “c+” rating to a “b-” rating in a research note on Friday, February 2nd. JPMorgan Chase lowered Navios Maritime Midstream from a “neutral” rating to an “underweight” rating and set a $7.00 target price on the stock. in a research note on Friday, March 23rd. Citigroup lowered their price target on Navios Maritime Midstream from $8.50 to $6.50 and set a “neutral” rating for the company in a report on Tuesday, March 27th. Finally, Zacks Investment Research downgraded Navios Maritime Midstream from a “hold” rating to a “sell” rating in a report on Wednesday, April 4th. Three research analysts have rated the stock with a sell rating and two have given a hold rating to the stock. Navios Maritime Midstream currently has an average rating of “Sell” and an average target price of $7.17.

A hedge fund recently raised its stake in Navios Maritime Midstream stock. Virtu Financial LLC grew its holdings in Navios Maritime Midstream (NYSE:NAP) by 139.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 34,693 shares of the shipping company’s stock after acquiring an additional 20,183 shares during the quarter. Virtu Financial LLC owned 0.16% of Navios Maritime Midstream worth $330,000 at the end of the most recent reporting period. 9.33% of the stock is currently owned by hedge funds and other institutional investors.

NAP opened at $3.45 on Thursday. Navios Maritime Midstream has a 1 year low of $3.26 and a 1 year high of $12.24. The company has a debt-to-equity ratio of 0.77, a quick ratio of 12.59 and a current ratio of 12.59. The stock has a market capitalization of $70.32, a price-to-earnings ratio of 4.80, a P/E/G ratio of 1.19 and a beta of 1.23.

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 11th. Shareholders of record on Wednesday, May 9th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 57.97%. The ex-dividend date is Tuesday, May 8th. This is an increase from Navios Maritime Midstream’s previous quarterly dividend of $0.42. Navios Maritime Midstream’s dividend payout ratio (DPR) is currently 241.43%.

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Navios Maritime Midstream 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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