Martin Midstream Partners (NASDAQ:MMLP) Issues Earnings Results, Misses Expectations By $0.03 EPS

Posted by Danessa Lincoln on Apr 16th, 2025

Martin Midstream Partners (NASDAQ:MMLP – Get Free Report) released its earnings results on Wednesday. The pipeline company reported ($0.01) EPS for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.03), Zacks reports. The business had revenue of $192.54 million for the quarter, compared to analyst estimates of $187.13 million. Martin Midstream Partners had a negative return on equity of 6.93% and a negative net margin of 0.73%. During the same period in the prior year, the firm posted $0.08 EPS.

Martin Midstream Partners Stock Performance

NASDAQ:MMLP traded down $0.09 during mid-day trading on Thursday, reaching $2.65. 72,104 shares of the company’s stock were exchanged, compared to its average volume of 100,871. Martin Midstream Partners has a one year low of $2.40 and a one year high of $4.13. The business’s fifty day simple moving average is $3.46 and its two-hundred day simple moving average is $3.70. The firm has a market capitalization of $103.50 million, a PE ratio of -20.38 and a beta of 1.75.

Martin Midstream Partners Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Thursday, May 8th will be issued a dividend of $0.005 per share. This represents a $0.02 dividend on an annualized basis and a yield of 0.75%. The ex-dividend date of this dividend is Thursday, May 8th. Martin Midstream Partners’s payout ratio is currently -15.38%.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on Martin Midstream Partners in a report on Thursday. They set a “buy” rating for the company.

View Our Latest Report on MMLP

About Martin Midstream Partners

(Get Free Report)

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.