Marine Products (NYSE:MPX - Get Free Report) is expected to be issuing its Q1 2025 quarterly earnings data before the market opens on Thursday, April 24th. Analysts expect the company to announce earnings of $0.08 per share and revenue of $65.90 million for the quarter.
Marine Products (NYSE:MPX - Get Free Report) last announced its earnings results on Thursday, January 30th. The company reported $0.12 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.05 by $0.07. Marine Products had a net margin of 7.55% and a return on equity of 13.08%. On average, analysts expect Marine Products to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Marine Products Stock Up 1.5 %
NYSE:MPX traded up $0.12 on Monday, reaching $8.38. The stock had a trading volume of 15,674 shares, compared to its average volume of 41,213. The company has a market capitalization of $292.97 million, a P/E ratio of 17.10 and a beta of 1.03. The stock has a fifty day moving average price of $8.40 and a 200-day moving average price of $9.08. Marine Products has a 1-year low of $7.49 and a 1-year high of $12.47.
Marine Products Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Monday, February 10th were given a dividend of $0.14 per share. The ex-dividend date of this dividend was Monday, February 10th. This represents a $0.56 dividend on an annualized basis and a yield of 6.68%. Marine Products's dividend payout ratio (DPR) is presently 114.29%.
Analyst Upgrades and Downgrades
Separately, StockNews.com raised Marine Products from a "hold" rating to a "buy" rating in a research note on Friday, January 31st.
Check Out Our Latest Stock Report on MPX
About Marine Products
(
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Marine Products Corporation designs, manufactures, and sells recreational fiberglass powerboats for the sport boat and sport fishing boat markets worldwide. The company offers Chaparral sterndrive pleasure boats, including SSi Sport Boats, SSX Sport Boats, and the Surf Series; Chaparral outboard pleasure boats, which include OSX Luxury Sportboats and SSi outboard models; and Robalo outboard sport fishing boats.
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