Navios Maritime Partners (NYSE:NMM) and Seanergy Maritime (NASDAQ:SHIP) Head to Head Review

Navios Maritime Partners (NYSE:NMM) and Seanergy Maritime (NASDAQ:SHIP) are both industrials companies, but which is the superior investment? We will contrast the two businesses based on the strength of their earnings, profitability, analyst recommendations, valuation, institutional ownership, dividends and risk.

Profitability

This table compares Navios Maritime Partners and Seanergy Maritime’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Navios Maritime Partners	36.89%	14.36%	8.18%
Seanergy Maritime	30.68%	21.87%	10.20%

Valuation & Earnings

This table compares Navios Maritime Partners and Seanergy Maritime”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Navios Maritime Partners	$1.34 billion	1.82	$285.33 million	$19.83	4.31
Seanergy Maritime	$158.10 million	1.87	$21.24 million	$2.86	4.94

Navios Maritime Partners has higher revenue and earnings than Seanergy Maritime. Navios Maritime Partners is trading at a lower price-to-earnings ratio than Seanergy Maritime, indicating that it is currently the more affordable of the two stocks.

Insider & Institutional Ownership

62.7% of Navios Maritime Partners shares are held by institutional investors. Comparatively, 29.4% of Seanergy Maritime shares are held by institutional investors. 4.7% of Seanergy Maritime shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Analyst Recommendations

This is a summary of recent ratings and recommmendations for Navios Maritime Partners and Seanergy Maritime, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Navios Maritime Partners	0	0	2	0	3.00
Seanergy Maritime	0	1	3	0	2.75

Navios Maritime Partners currently has a consensus price target of $100.00, indicating a potential upside of 16.94%. Seanergy Maritime has a consensus price target of $25.00, indicating a potential upside of 77.05%. Given Seanergy Maritime’s higher probable upside, analysts clearly believe Seanergy Maritime is more favorable than Navios Maritime Partners.

Risk and Volatility

Navios Maritime Partners has a beta of 1.14, indicating that its share price is 14% more volatile than the S&P 500. Comparatively, Seanergy Maritime has a beta of 1.15, indicating that its share price is 15% more volatile than the S&P 500.

Dividends

Navios Maritime Partners pays an annual dividend of $0.24 per share and has a dividend yield of 0.3%. Seanergy Maritime pays an annual dividend of $1.40 per share and has a dividend yield of 9.9%. Navios Maritime Partners pays out 1.2% of its earnings in the form of a dividend. Seanergy Maritime pays out 49.0% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Summary

Seanergy Maritime beats Navios Maritime Partners on 9 of the 16 factors compared between the two stocks.

About Navios Maritime Partners

Navios Maritime Partners L.P. owns and operates dry cargo vessels in Asia, Europe, North America, and Australia. The company offers seaborne transportation services for a range of liquid and dry cargo commodities, including crude oil, refined petroleum, chemicals, iron ore, coal, grain, fertilizer, and containers, as well as charters its vessels under short, medium, and longer-term charters. Navios Maritime Partners L.P. was founded in 2007 and is based in Monaco.

About Seanergy Maritime

Seanergy Maritime Holdings Corp., a shipping company, provides seaborne transportation of dry bulk commodities worldwide. It operates a fleet of 16 Capesize dry bulk vessels and one Newcastlemax dry bulk vessel with a cargo-carrying capacity of approximately 3,054,820 dwt. The company was formerly known as Seanergy Merger Corp. and changed its name to Seanergy Maritime Holdings Corp. in July 2008. Seanergy Maritime Holdings Corp. was incorporated in 2008 and is based in Glyfada, Greece.