Navios Maritime Acquisition (NYSE:NNA) Posts Quarterly Earnings Results, Misses Expectations By $0.72 EPS

Navios Maritime Acquisition (NYSE:NNA) released its earnings results on Thursday. The shipping company reported $2.01 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $2.73 by ($0.72), MarketWatch Earnings reports. The firm had revenue of $108.77 million during the quarter. Navios Maritime Acquisition had a negative net margin of 5.04% and a positive return on equity of 11.73%.

NYSE NNA opened at $4.60 on Friday. The stock has a fifty day moving average of $4.27 and a 200-day moving average of $4.92. The stock has a market capitalization of $71.91 million, a P/E ratio of -2.61 and a beta of 1.79. Navios Maritime Acquisition has a 52 week low of $2.09 and a 52 week high of $11.52. The company has a debt-to-equity ratio of 3.19, a quick ratio of 0.46 and a current ratio of 0.48.

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 8th. Stockholders of record on Friday, September 4th will be paid a $0.30 dividend. The ex-dividend date is Thursday, September 3rd. This represents a $1.20 annualized dividend and a dividend yield of 26.09%.

About Navios Maritime Acquisition

Navios Maritime Acquisition Corporation provides marine transportation services worldwide. The company owns a fleet of crude oil, refined petroleum product, and chemical tankers. It charters its vessels to oil companies, refiners, and large vessel operators under long, medium, and short term charters.

Featured Article: What Does a Sell-Side Analyst Rating Mean?

Earnings History for Navios Maritime Acquisition (NYSE:NNA)

Receive News & Ratings for Navios Maritime Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Navios Maritime Acquisition and related companies with's FREE daily email newsletter.