The Martin Midstream Companions L.P. (MMLP) To Go Ex-Dividend on November third

Martin Midstream Partners L.P. logoMartin Midstream Companions L.P. (NASDAQ:MMLP) introduced a quarterly dividend on Friday, October 21st. Buyers of report on Monday, November seventh might be given a dividend of zero.50 per share on Monday, November 14th. This represents a $2.00 dividend on an annualized foundation and a dividend yield of 10.36%. The ex-dividend date of this dividend is Thursday, November third.

Shares of Martin Midstream Companions L.P. (NASDAQ:MMLP) opened at 19.30 on Wednesday. The corporate has a 50 day transferring common value of $20.33 and a 200-day transferring common value of $21.65. Martin Midstream Companions L.P. has a 52-week low of $13.27 and a 52-week excessive of $29.43. The inventory has a market capitalization of $684.26 million, a P/E ratio of 80.42 and a beta of 1.31.

Martin Midstream Companions L.P. (NASDAQ:MMLP) final posted its earnings outcomes on Wednesday, October 26th. The corporate reported ($zero.03) EPS for the quarter, lacking the Zacks’ consensus estimate of $zero.03 by $zero.06. The agency earned $174.54 million throughout the quarter, in comparison with badysts’ expectations of $207.11 million. Throughout the identical quarter within the earlier yr, the enterprise earned ($zero.02) EPS. The agency’s income for the quarter was down 22.eight% on a year-over-year foundation. On common, badysts predict that Martin Midstream Companions L.P. will submit $zero.48 earnings per share for the present fiscal yr.

Dividend History for Martin Midstream Partners L.P. (NASDAQ:MMLP)

Hedge funds and different institutional buyers have not too long ago added to or decreased their stakes within the firm. KCG Holdings Inc. raised its place in Martin Midstream Companions L.P. by 82.9% within the second quarter. KCG Holdings Inc. now owns 22,504 shares of the corporate’s inventory value $520,00zero after shopping for an extra 10,202 shares throughout the interval. Texas Yale Capital Corp. raised its place in Martin Midstream Companions L.P. by 134.5% within the second quarter. Texas Yale Capital Corp. now owns 25,800 shares of the corporate’s inventory value $596,00zero after shopping for an extra 14,800 shares throughout the interval. Raymond James & Associates raised its place in Martin Midstream Companions L.P. by 1.2% within the second quarter. Raymond James & Associates now owns 49,816 shares of the corporate’s inventory value $1,151,00zero after shopping for an extra 604 shares throughout the interval. Lastly, Van ECK Associates Corp raised its place in Martin Midstream Companions L.P. by three.5% within the second quarter. Van ECK Associates Corp now owns 51,374 shares of the corporate’s inventory value $1,187,00zero after shopping for an extra 1,729 shares throughout the interval.

A lot of equities badysis badysts have not too long ago commented on MMLP shares. Zacks Funding Analysis upgraded Martin Midstream Companions L.P. from a “promote” score to a “maintain” score in a badysis report on Tuesday, July fifth. Janney Montgomery Scott badumed protection on shares of Martin Midstream Companions L.P. in a badysis notice on Friday, September 16th. They issued a “impartial” score and a $22.00 value goal on the inventory. Lastly, FBR & Co decreased their value goal on shares of Martin Midstream Companions L.P. from $27.00 to $24.00 and set an “outperform” score on the inventory in a badysis notice on Friday, October 28th. One badyst has rated the inventory with a promote score, three have issued a maintain score and three have badigned a purchase score to the corporate’s inventory. The inventory has a consensus score of “Maintain” and a consensus goal value of $20.86.

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