Equities Analysts Issue Forecasts for MMLP Q1 Earnings

Martin Midstream Partners L.P. (NASDAQ:MMLP) – Stock analysts at Sidoti Csr issued their Q1 2025 EPS estimates for Martin Midstream Partners in a report released on Monday, October 14th. Sidoti Csr analyst K. May forecasts that the pipeline company will post earnings per share of $0.02 for the quarter. The consensus estimate for Martin Midstream Partners’ current full-year earnings is $0.13 per share.

Separately, StockNews.com assumed coverage on shares of Martin Midstream Partners in a report on Tuesday. They issued a “buy” rating on the stock.

Martin Midstream Partners Stock Down 0.5 %

NASDAQ:MMLP opened at $3.98 on Thursday. The business’s 50-day simple moving average is $3.68 and its two-hundred day simple moving average is $3.33. Martin Midstream Partners has a 52 week low of $2.04 and a 52 week high of $4.13. The stock has a market cap of $155.22 million, a PE ratio of 44.22 and a beta of 2.12.

Martin Midstream Partners (NASDAQ:MMLP) last released its earnings results on Wednesday, October 16th. The pipeline company reported ($0.08) EPS for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.05). The firm had revenue of $170.93 million for the quarter, compared to the consensus estimate of $176.43 million. Martin Midstream Partners had a negative return on equity of 10.46% and a net margin of 0.90%. During the same quarter in the previous year, the business posted ($0.03) EPS.

Hedge Funds Weigh In On Martin Midstream Partners

A number of institutional investors and hedge funds have recently modified their holdings of the stock. American National Bank purchased a new position in shares of Martin Midstream Partners during the 1st quarter worth about $35,000. Acadian Asset Management LLC purchased a new stake in shares of Martin Midstream Partners in the first quarter worth approximately $50,000. Finally, Virtu Financial LLC bought a new stake in shares of Martin Midstream Partners during the 1st quarter worth approximately $55,000. Hedge funds and other institutional investors own 34.90% of the company’s stock.

Martin Midstream Partners Company Profile

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.