NASDAQ:MMLP

Martin Midstream Partners (MMLP) Stock Price, News & Analysis

$2.75
+0.04 (+1.48%)
(As of 04/22/2024 ET)
Today's Range
$2.50
$2.76
50-Day Range
$2.18
$2.75
52-Week Range
$1.95
$3.30
Volume
120,134 shs
Average Volume
48,198 shs
Market Capitalization
$107.25 million
P/E Ratio
30.56
Dividend Yield
0.73%
Price Target
N/A

Martin Midstream Partners MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.22% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.40mentions of Martin Midstream Partners in the last 14 days
Based on 20 Articles This Week
Insider Trading
Acquiring Shares
$19,199 Bought Last Quarter
Proj. Earnings Growth
160.00%
From $0.10 to $0.26 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.68 out of 5 stars

Transportation Sector

48th out of 111 stocks

Petroleum Bulk Stations & Terminals Industry

1st out of 2 stocks

MMLP stock logo

About Martin Midstream Partners Stock (NASDAQ:MMLP)

Martin Midstream Partners L.P., together with its subsidiaries, provides terminalling, processing, storage, and packaging services for petroleum products and by-products primarily in the United States. The company operates in four segments: Terminalling and Storage, Transportation, Sulfur Services, and Specialty Products. The company's Terminalling and Storage segment owns or operates various marine shore-based terminal facilities and specialty terminal facilities that provide storage, refining, blending, packaging, and handling services for producers and suppliers of petroleum products and by-products. This segment also offers land rental services to oil and gas companies, as well as storage and handling services for lubricants and fuels. Its Transportation segment operates various trucks and tank trailers; and inland marine tank barges, inland push boats, and articulated offshore tug and barge unit to transport petroleum products and by-products, petrochemicals, and chemicals. The company's Sulfur Services segment processes molten sulfur into prilled or pelletized sulfur, which is used in the production of fertilizers and industrial chemicals. Its Specialty Products segment stores, distributes, and transports natural gas liquids for wholesale deliveries to refineries, industrial natural gas liquid users, and propane retailers. Martin Midstream GP LLC serves as a general partner of the company. Martin Midstream Partners L.P. was incorporated in 2002 and is based in Kilgore, Texas.

MMLP Stock Price History

MMLP Stock News Headlines

Q1 2024 Martin Midstream Partners LP Earnings Call
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Your Money is Not Safe
Biden Deploys Phase 1 Fednow Digital Currency Discover how to legally "opt-out" of the digital dollar today. No matter what they say, it's not something that will help you. If you don't take the action steps shown below…
MMLP Martin Midstream Partners L.P.
Martin Midstream Partners L.P.
Q4 2023 Martin Midstream Partners LP Earnings Call
Earnings Preview: Martin Midstream Partners
See More Headlines
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Company Calendar

Ex-Dividend for 2/14 Dividend
2/06/2024
Last Earnings
2/14/2024
Dividend Payable
2/14/2024
Today
4/22/2024
Ex-Dividend for 5/15 Dividend
5/07/2024
Dividend Payable
5/15/2024
Next Earnings (Estimated)
7/17/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Petroleum bulk stations & terminals
Sub-Industry
N/A
Current Symbol
NASDAQ:MMLP
Employees
1,619
Year Founded
2002

Profitability

Net Income
$-4,550,000.00
Pretax Margin
0.17%

Debt

Sales & Book Value

Annual Sales
$797.96 million
Cash Flow
$1.34 per share
Book Value
($1.66) per share

Miscellaneous

Free Float
32,371,000
Market Cap
$107.25 million
Optionable
Optionable
Beta
2.12

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MMLP Stock Analysis - Frequently Asked Questions

How have MMLP shares performed in 2024?

Martin Midstream Partners' stock was trading at $2.40 at the start of the year. Since then, MMLP stock has increased by 14.6% and is now trading at $2.75.
View the best growth stocks for 2024 here
.

Are investors shorting Martin Midstream Partners?

Martin Midstream Partners saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 61,200 shares, a decline of 20.6% from the March 15th total of 77,100 shares. Based on an average daily volume of 44,800 shares, the short-interest ratio is currently 1.4 days. Approximately 0.2% of the shares of the company are short sold.
View Martin Midstream Partners' Short Interest
.

When is Martin Midstream Partners' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 17th 2024.
View our MMLP earnings forecast
.

How were Martin Midstream Partners' earnings last quarter?

Martin Midstream Partners L.P. (NASDAQ:MMLP) released its quarterly earnings data on Wednesday, February, 14th. The pipeline company reported $0.01 earnings per share for the quarter, topping analysts' consensus estimates of ($0.04) by $0.05. The pipeline company earned $181.10 million during the quarter, compared to analysts' expectations of $177.85 million. Martin Midstream Partners had a negative trailing twelve-month return on equity of 5.91% and a net margin of 0.52%.

How often does Martin Midstream Partners pay dividends? What is the dividend yield for Martin Midstream Partners?

Martin Midstream Partners declared a quarterly dividend on Wednesday, April 17th. Investors of record on Wednesday, May 8th will be paid a dividend of $0.005 per share on Wednesday, May 15th. This represents a $0.02 dividend on an annualized basis and a yield of 0.73%. The ex-dividend date of this dividend is Tuesday, May 7th.
Read our dividend analysis for MMLP
.

Is Martin Midstream Partners a good dividend stock?

Martin Midstream Partners (NASDAQ:MMLP) pays an annual dividend of $0.02 per share and currently has a dividend yield of 0.74%. The dividend payout ratio is 22.22%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MMLP will have a dividend payout ratio of 7.69% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MMLP.

What ETF holds Martin Midstream Partners' stock?

Global X MLP ETF holds 100 shares of MMLP stock, representing 0.00% of its portfolio.

What is Ruben S. Martin III's approval rating as Martin Midstream Partners' CEO?

7 employees have rated Martin Midstream Partners Chief Executive Officer Ruben S. Martin III on Glassdoor.com. Ruben S. Martin III has an approval rating of 69% among the company's employees.

What other stocks do shareholders of Martin Midstream Partners own?
Who are Martin Midstream Partners' major shareholders?

Martin Midstream Partners' stock is owned by a variety of institutional and retail investors. Top institutional investors include American National Bank (0.03%). Insiders that own company stock include Chris H Booth, Randall Tauscher, Robert D Bondurant, Robert D Bondurant, Ruben S Martin, Ruben S Martin, Scot A Shoup and Sharon L Taylor.
View institutional ownership trends
.

How do I buy shares of Martin Midstream Partners?

Shares of MMLP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:MMLP) was last updated on 4/23/2024 by MarketBeat.com Staff

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