# Navios Maritime Partners L.P. (NMM)

> Source: Nexqual · https://nexqual.com/NMM · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, Navios Maritime Partners L.P. (NMM), nexqual.com/NMM" · informational, not investment advice.

**Price:** USD 88.28 (-0.02% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 88.3 · day 87.28–88.91 · 52w 45.66–97 · market cap $2.55B · NYQ

## Key facts
- Insider open-market purchases, last ~7 months: 30 Form 4 filings, $854M; 0 by opportunistic insiders, 0 by routine insiders.
- Analysts: Buy (mean 2.00 on a 1–5 scale) (4 analysts), mean target USD 103 (range 96–111).
- Total return with dividends: 1Y +89.5% vs S&P 500 +14.9%; 5Y +207.2% vs S&P 500 +80.3%.
- Next earnings: 2026-11-17, EPS estimate USD 4.32, revenue estimate $376M.

## Insider purchases (SEC Form 4, open-market, last ~7 months)
30 purchases, $854M. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-08-10…2026-08-12 | Frangou Angeliki | See Remarks | 3,169 | $250K | 78.88 | Too little history (no open-market trades in 2023–2025) |
| 2026-08-05…2026-08-07 | Frangou Angeliki | See Remarks | 3,181 | $251K | 78.96 | Too little history (no open-market trades in 2023–2025) |
| 2026-07-31…2026-08-04 | Frangou Angeliki | See Remarks | 2,524 | $201K | 79.54 | Too little history (no open-market trades in 2023–2025) |
| 2026-07-28…2026-07-30 | Frangou Angeliki | See Remarks | 3,191 | $251K | 78.5 | Too little history (no open-market trades in 2023–2025) |
| 2026-07-23…2026-07-27 | Frangou Angeliki | See Remarks | 3,268 | $846M | 258,962.67 | Too little history (no open-market trades in 2023–2025) |
| 2026-07-20…2026-07-22 | Frangou Angeliki | See Remarks | 3,437 | $253K | 73.68 | Too little history (no open-market trades in 2023–2025) |
| 2026-07-15…2026-07-17 | Frangou Angeliki | See Remarks | 3,348 | $248K | 74.03 | Too little history (no open-market trades in 2023–2025) |
| 2026-07-10…2026-07-14 | Frangou Angeliki | See Remarks | 3,334 | $252K | 75.45 | Too little history (no open-market trades in 2023–2025) |
| 2026-07-07…2026-07-09 | Frangou Angeliki | See Remarks | 3,320 | $249K | 75 | Too little history (no open-market trades in 2023–2025) |
| 2026-07-01…2026-07-06 | Frangou Angeliki | See Remarks | 3,511 | $256K | 73.02 | Too little history (no open-market trades in 2023–2025) |
| 2026-06-26…2026-06-30 | Frangou Angeliki | See Remarks | 3,602 | $249K | 69.2 | Too little history (no open-market trades in 2023–2025) |
| 2026-06-23…2026-06-25 | Frangou Angeliki | See Remarks | 3,477 | $249K | 71.6 | Too little history (no open-market trades in 2023–2025) |
| 2026-06-17…2026-06-22 | Frangou Angeliki | See Remarks | 3,464 | $249K | 71.93 | Too little history (no open-market trades in 2023–2025) |
| 2026-06-12…2026-06-16 | Frangou Angeliki | See Remarks | 3,360 | $249K | 74.18 | Too little history (no open-market trades in 2023–2025) |
| 2026-06-09…2026-06-11 | Frangou Angeliki | See Remarks | 3,484 | $253K | 72.53 | Too little history (no open-market trades in 2023–2025) |
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

## Analysts
Consensus Buy (mean 2.00 on a 1–5 scale), 4 analysts; mean target USD 103 (low 96, high 111).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-08-24 | Jefferies | Target raised | Buy | $85 → $100 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | +89.5% | +207.2% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +89.9% | +25.1% |
| Volatility (annualized) | 32.7% | 40.9% |
| Max drawdown | -18.7% (Mar 2026→Mar 2026) | -50.4% (Sep 2024→Mar 2025) |

## Peers (Marine Shipping)
DAC (Danaos Corporation) USD 157.81 -0.43% · HOS (Hornbeck Offshore Services, Inc) USD 6.57 -1.94% · SBLK (Star Bulk Carriers Corp.) USD 28.65 -0.59% · ZIM (ZIM Integrated Shipping Service) USD 29.08 -0.24% · ECO (Okeanis Eco Tankers Corp.) USD 90.05 -1.29% · SFL (SFL Corporation Ltd) USD 12.34 -0.00%

## More
Full page: https://nexqual.com/NMM · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $4.32 | $4.62 | -6.6% | $376.1M | 3 |
| Next quarter (ends 2026-12-31) | $5.84 | $4.81 | +21.6% | $421.1M | 3 |
| Current fiscal year (ends 2026-12-31) | $18.79 | $17.34 | +8.3% | $1.49B | 3 |
| Next fiscal year (ends 2027-12-31) | $19.37 | $17.33 | +11.7% | $1.57B | 3 |

## Options: expected move (Cboe, 15-min delayed)

Expected move by 2026-11-20 (includes earnings 2026-11-17): ±8.6%.

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2026-11-20 | 28 | 38.0% | ±8.6% |
| 2026-12-18 | 56 | 34.0% | ±10.7% |
| 2027-01-15 | 84 | 35.0% | ±13.4% |
| 2027-03-19 | 147 | 35.2% | ±17.8% |
| 2027-05-21 | 210 | 35.5% | ±21.4% |
| 2027-06-17 | 237 | 36.4% | ±23.3% |
| 2027-11-19 | 392 | 35.7% | ±29.3% |