Navios Maritime Midstream Partners (NYSE:NAP) Receiving Somewhat Favorable News Coverage, Report Finds

Media headlines about Navios Maritime Midstream Partners (NYSE:NAP) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Navios Maritime Midstream Partners earned a news sentiment score of 0.02 on Accern’s scale. Accern also assigned news coverage about the shipping company an impact score of 47.1487957044547 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

These are some of the news articles that may have effected Accern Sentiment Analysis’s scoring:

Shares of Navios Maritime Midstream Partners (NAP) traded up 1.74% during trading on Tuesday, reaching $9.37. 84,650 shares of the company traded hands. Navios Maritime Midstream Partners has a 12-month low of $9.07 and a 12-month high of $14.19. The stock has a market capitalization of $196.27 million, a P/E ratio of 11.32 and a beta of 0.52. The firm’s 50 day moving average is $10.06 and its 200-day moving average is $10.92.

Navios Maritime Midstream Partners (NYSE:NAP) last announced its quarterly earnings results on Wednesday, July 26th. The shipping company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by $0.13. Navios Maritime Midstream Partners had a net margin of 18.41% and a return on equity of 5.73%. The company had revenue of $18.50 million for the quarter, compared to analysts’ expectations of $21.14 million. During the same quarter in the prior year, the firm earned $0.28 EPS. Navios Maritime Midstream Partners’s quarterly revenue was down 18.5% compared to the same quarter last year. On average, equities research analysts anticipate that Navios Maritime Midstream Partners will post $0.76 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 11th. Shareholders of record on Tuesday, August 8th will be issued a $0.4225 dividend. This represents a $1.69 dividend on an annualized basis and a yield of 18.04%. The ex-dividend date is Friday, August 4th. Navios Maritime Midstream Partners’s dividend payout ratio (DPR) is presently 196.51%.

A number of equities analysts have recently issued reports on NAP shares. ValuEngine cut shares of Navios Maritime Midstream Partners from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Zacks Investment Research cut shares of Navios Maritime Midstream Partners from a “hold” rating to a “sell” rating in a research report on Friday, April 21st. Finally, Bank of America Corporation cut shares of Navios Maritime Midstream Partners from a “neutral” rating to an “underperform” rating and cut their price objective for the stock from $13.00 to $8.00 in a research report on Friday, June 23rd. Two analysts have rated the stock with a sell rating and three have given a hold rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $10.33.

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About Navios Maritime Midstream Partners

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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