Martin Midstream Partners (MMLP) to Release Earnings on Wednesday

Martin Midstream Partners (NASDAQ:MMLP) is expected to release its earnings data before the market opens on Wednesday, February 12th. Analysts expect Martin Midstream Partners to post earnings of $0.03 per share and revenue of $180.75 million for the quarter.

Martin Midstream Partners Trading Down 2.2 %

MMLP stock opened at $3.58 on Tuesday. The company’s 50 day moving average is $3.69 and its 200 day moving average is $3.76. The stock has a market cap of $139.62 million, a price-to-earnings ratio of 35.80 and a beta of 2.10. Martin Midstream Partners has a 1-year low of $2.10 and a 1-year high of $4.13.

Martin Midstream Partners Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 14th. Stockholders of record on Friday, February 7th will be given a dividend of $0.005 per share. This represents a $0.02 annualized dividend and a dividend yield of 0.56%. The ex-dividend date is Friday, February 7th. Martin Midstream Partners’s dividend payout ratio (DPR) is currently 20.00%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com assumed coverage on Martin Midstream Partners in a research report on Tuesday, February 4th. They set a “buy” rating on the stock.

About Martin Midstream Partners

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.