Greece's Navios Q4 revenue rises 10%, dividend up 20%

Navios Maritime Partners

19/02/2026 12:37

Overview

Greece-based dry cargo and tanker operator's Q4 revenue rose

Company announced 20% increase in dividend distributions from Q1 2026

Outlook

Navios Partners expects 2026 revenue of $1,043.1 mln

Company sees 2027 revenue at $760.4 mln

Navios Partners increases dividend by 20% from Q1 2026

Result Drivers

HIGHER TCE RATES - Increase in Q4 time charter and voyage revenues attributed to higher TCE rates

FLEET MANAGEMENT - Strategic acquisitions and sales of vessels contributed to financial results

GEOPOLITICAL INFLUENCES - Geopolitical tensions and trade route changes impacting operations

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$365.55 mln
$316.27 mln (1 Analyst)
Q4 EPS
$3.99
Q4 Adjusted Net Income
Beat
$99.98 mln
$61.07 mln (2 Analysts)
Q4 Net Income
$117.33 mln
Q4 Adjusted EBITDA
Beat
$207.42 mln
$201.92 mln (2 Analysts)
Q4 EBITDA
$224.77 mln


Analyst Coverage

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the marine freight & logistics peer group is "buy."

Wall Street's median 12-month price target for Navios Maritime Partners LP is $80.00, about 24% above its February 18 closing price of $64.54

The stock recently traded at 4 times the next 12-month earnings vs. a P/E of 5 three months ago

Press Release: ID:nGNXbjNgTJ

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)