Navigator Holdings/$NVGS

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About Navigator Holdings

Navigator Holdings Ltd owns and operates liquefied gas carriers, which include a fleet of handysize liquefied gas carriers. The company also owns a share in an ethylene export marine terminal at Morgan's Point, Texas on the Houston Ship Channel (the Ethylene Export Terminal) through a joint venture (the Export Terminal Joint Venture). Company play a vital role in theglobalised liquefied gas supply chain, providing gas transportation solutions for energy companies, industrial users and commodity traders.

Ticker

$NVGS
Sector

Primary listing

NYSE

Employees

174

NVGS Metrics

BasicAdvanced
$965M
11.44
$1.26
0.74
$0.20
1.39%

What the Analysts think about NVGS

Analyst ratings (Buy, Hold, Sell) for Navigator Holdings stock.

Bulls say / Bears say

The Morgan’s Point Ethylene Export Terminal expansion finished on schedule and within budget in December 2024, increasing annual export capacity by at least 550,000 tons to 1.55 million tons and tripling refrigeration throughput from 125 to 375 tons per hour, supported by extended offtake agreements (Nasdaq).
In Q1 2025, Navigator’s operating revenues rose 13.0% to $151.4 million and net income climbed 19.5% to $27.0 million year-over-year, illustrating solid operational leverage and strong cash generation (Nasdaq).
Navigator obtained a $300 million senior secured term loan and revolving credit facility at a record low margin (SOFR + 170 bps), extending maturities to 2031 and lifting its total liquidity to $316 million, further strengthening the balance sheet (GlobeNewswire).
The Company’s second-quarter 2025 operating revenues dropped 11.6% year-over-year to $129.6 million, and net income declined to $21.5 million from $23.2 million, highlighting weaker shipping demand and lower charter rates (StockTitan).
Navigator’s equity earnings from the Morgan’s Point Ethylene Export Terminal posted a $0.9 million loss in Q1 2025, down from a $4.4 million gain the previous year, as narrower U.S.-Asia price spreads sharply reduced export volumes (85,553 tons versus 220,703 tons) (Nasdaq).
Navigator has heavy near-term capital requirements, with four new 48,500 cbm ethylene carriers on order at an average yard price of $102.9 million each (about $412 million total) for delivery in 2027-28, raising leverage and potential cash flow pressure (Navigator Q2 2025 Results).
Data summarised monthly by Lightyear AI. Last updated on 2 Oct 2025.

NVGS Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

NVGS Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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