Marine Products Corporation Company Profile (NYSE:MPX)

About Marine Products Corporation

Marine Products Corporation logoMarine Products Corporation (MPC) is engaged in manufacturing powerboats and providing related products and services. The Company manufactures fiberglass motorized boats distributed and marketed through its independent dealer network. The Company operates in Powerboat Manufacturing business segment. The Company's product offerings include Chaparral sterndrive, outboard and jet pleasure boats, and Robalo outboard sport fishing boats. MPC designs, manufactures and sells recreational fiberglass powerboats in the sportboat, deckboat, cruiser, sport yacht, jet boat and sport fishing markets. The Company sells its products to a network of approximately 150 domestic and over 85 international independent authorized dealers. The Company manufactures Chaparral sterndrive pleasure boats, including H2O Sport, and Fish & Ski boats, SSi and SSX Sportboats, Sunesta Sportdecks, Signature Cruisers, SunCoast Sportdeck outboards, Vortex Jet Boats and Robalo outboard sport fishing boats.

Industry, Sector and Symbol:
  • Sector: Consumer Discretionary
  • Industry: Recreational Vehicles
  • Sub-Industry: Leisure Products
  • Exchange: NYSE
  • Symbol: MPX
  • CUSIP: 56842710
Key Metrics:
  • Previous Close: $10.86
  • 50 Day Moving Average: $11.98
  • 200 Day Moving Average: $10.60
  • 52-Week Range: $6.85 - $14.87
  • Trailing P/E Ratio: 24.68
  • Foreward P/E Ratio: 18.72
  • P/E Growth: 0.00
  • Market Cap: $395.41M
  • Outstanding Shares: 36,410,000
  • Beta: 0.64
Profitability:
  • Net Margins: 6.94%
  • Return on Equity: 17.59%
  • Return on Assets: 13.85%
Debt:
  • Current Ratio: 3.08%
  • Quick Ratio: 1.23%
Additional Links:
Companies Related to Marine Products Corporation:

Analyst Ratings

Consensus Ratings for Marine Products Corporation (NYSE:MPX) (?)
Ratings Breakdown: 1 Hold Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $11.00 (1.29% upside)

Analysts' Ratings History for Marine Products Corporation (NYSE:MPX)
Show:
DateFirmActionRatingPrice TargetDetails
2/1/2017B. RileyReiterated RatingNeutral$11.00View Rating Details
(Data available from 2/24/2015 forward)

Earnings

Earnings History for Marine Products Corporation (NYSE:MPX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/25/2017        
1/25/2017Q416$0.16$0.10$68.83 million$57.20 millionViewN/AView Earnings Details
10/26/2016Q316$0.11$0.11$57.38 million$55.40 millionViewListenView Earnings Details
7/27/2016Q216$0.14$0.13$62.09 million$65.00 millionViewListenView Earnings Details
4/27/2016Q116$0.10$0.10$53.69 million$63.67 millionViewListenView Earnings Details
1/27/2016Q415$0.09$0.10$44.35 million$49.90 millionViewListenView Earnings Details
10/28/2015Q315$0.07$0.08$44.96 million$47.04 millionViewListenView Earnings Details
7/29/2015Q215$0.10$0.12$54.62 million$59.50 millionViewListenView Earnings Details
4/29/2015Q115$0.07$0.08$55.63 million$50.64 millionViewN/AView Earnings Details
1/28/2015Q414$0.06$0.05$42.00 million$37.44 millionViewN/AView Earnings Details
10/29/2014Q314$0.08$0.05$47.33 million$37.90 millionViewN/AView Earnings Details
7/23/2014Q214$0.07$0.08$39.60 million$47.98 millionViewN/AView Earnings Details
4/23/2014Q413$0.07$0.05$50.81 million$47.70 millionViewN/AView Earnings Details
1/29/2014Q4$0.04$0.06ViewN/AView Earnings Details
10/23/2013Q313$0.06$0.05$38.49 million$41.99 millionViewN/AView Earnings Details
7/24/2013Q2 2013$0.06$0.05$38.45 million$42.24 millionViewN/AView Earnings Details
4/24/2013Q1 2013$0.04$0.04$37.85 million$44.28 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Marine Products Corporation (NYSE:MPX)
Current Year EPS Consensus Estimate: $0.50 EPS
Next Year EPS Consensus Estimate: $0.58 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20161$0.14$0.14$0.14
Q3 20161$0.11$0.11$0.11
Q4 20161$0.16$0.16$0.16
Q1 20171$0.13$0.13$0.13
Q2 20171$0.14$0.14$0.14
Q3 20171$0.15$0.15$0.15
Q4 20171$0.16$0.16$0.16
Q1 20181$0.17$0.17$0.17
Q2 20181$0.19$0.19$0.19
Q3 20181$0.20$0.20$0.20
Q4 20181$0.19$0.19$0.19
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Marine Products Corporation (NYSE:MPX)
Annual Dividend:$0.28
Dividend Yield:2.58%
Dividend Growth:26.00% (3 Year Average)
Payout Ratio:63.64% (Based on Trailing 12 Months of Earnings)
56.00% (Based on Current Year Consensus EPS Estimate)
48.28% (Based on Next Year Consensus EPS Estimate)
Track Record:2 Years of Consecutive Dividend Growth

Dividend History for Marine Products Corporation (NYSE:MPX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/25/2017quarterly$0.072.32%2/8/20172/10/20173/10/2017
10/26/2016quarterly$0.062.6%11/8/201611/10/201612/9/2016
7/27/2016quarterly$0.062.72%8/8/20168/10/20169/9/2016
4/27/2016quarterly$0.062.8%5/6/20165/10/20166/10/2016
1/28/2016quarterly$0.062.41%2/8/20162/10/20163/10/2016
10/29/2015quarterly$0.042.27%11/6/201511/10/201512/10/2015
7/30/2015quarterly$0.042.6%8/6/20158/10/20159/10/2015
4/30/2015quarterly$0.042.25%5/7/20155/11/20156/10/2015
1/28/2015$0.042/6/20152/10/20153/10/2015
10/29/2014quarterly$0.0311/6/201411/10/201412/10/2014
7/23/2014quarterly$0.031.34%8/6/20148/8/20149/10/2014
4/23/2014quarterly$0.031.58%5/7/20145/9/20146/10/2014
1/29/2014quarterly$0.031.5%2/6/20142/10/20143/10/2014
10/23/2013special$0.031.35%11/6/201311/8/201312/10/2013
10/23/2013quarterly$0.031.35%11/6/201311/8/201312/10/2013
7/24/2013quarterly$0.038/9/20139/10/2013
4/24/2013quarterly$0.031.68%5/8/20135/10/20136/10/2013
1/23/2013quarterly$0.031.88%2/6/20132/8/20133/8/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Marine Products Corporation (NYSE:MPX)
Insider Ownership Percentage: 72.30%
Institutional Ownership Percentage: 22.02%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/7/2014Larry L PrinceDirectorBuy3,000$8.03$24,090.00View SEC Filing  
6/17/2014James A Lane JrEVPSell100,000$7.75$775,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Marine Products Corporation (NYSE:MPX)
DateHeadline
News IconWill Marine Products Corporation (MPX) Continue To Underperform Its Industry? (NYSE:MPX)
simplywall.st - January 26 at 10:16 PM
capitalcube.com logoMarine Products Corp. :MPX-US: Earnings Analysis: Q4, 2016 By the Numbers : January 26, 2017 (NYSE:MPX)
www.capitalcube.com - January 26 at 10:16 PM
seekingalpha.com logoMarine Products' (MPX) CEO Rick Hubbell on Q4 2016 Results - Earnings Call Transcript (NYSE:MPX)
seekingalpha.com - January 25 at 8:07 PM
bizjournals.com logoMarine Products Corporation Reports Fourth Quarter 2016 Financial Results (NYSE:MPX)
www.bizjournals.com - January 25 at 8:07 PM
prnewswire.com logoMarine Products Corporation Announces 17% Increase in Regular Quarterly Cash Dividend (NYSE:MPX)
www.prnewswire.com - January 25 at 8:07 PM
sg.finance.yahoo.com logoMarine Products posts 4Q profit (NYSE:MPX)
sg.finance.yahoo.com - January 25 at 8:07 PM
biz.yahoo.com logoQ4 2016 Marine Products Corp Earnings Release - Before Market Open (NYSE:MPX)
biz.yahoo.com - January 25 at 8:07 PM
biz.yahoo.com logoMARINE PRODUCTS CORP Files SEC form 8-K, Results of Operations and Financial Condition (NYSE:MPX)
biz.yahoo.com - January 25 at 8:07 PM
capitalcube.com logoMarine Products Corp. – Value Analysis (NYSE:MPX) : January 25, 2017 (NYSE:MPX)
www.capitalcube.com - January 25 at 8:07 PM
capitalcube.com logoMarine Products Corp. breached its 50 day moving average in a Bearish Manner : MPX-US : January 24, 2017 (NYSE:MPX)
www.capitalcube.com - January 24 at 7:24 PM
publicnow.com logoMarine Products Corporation Announces Date for Fourth Quarter 2016 Financial Results and Conference Call (NYSE:MPX)
www.publicnow.com - January 5 at 8:04 PM
biz.yahoo.com logoMARINE PRODUCTS CORP Files SEC form 8-K, Other Events (NYSE:MPX)
biz.yahoo.com - January 5 at 8:04 PM
capitalcube.com logoMarine Products Corp.: Leads amongst peers with strong fundamentals (NYSE:MPX)
www.capitalcube.com - December 9 at 6:40 PM
News IconBurlington Public Library, Wireless Zone collecting donations (NYSE:MPX)
www.registercitizen.com - December 8 at 4:40 PM
News IconKrasnoye Sormovo shipyard completed construction of TSHD1000 ships, Russia’s first series of state-of-the-art dredgers (NYSE:MPX)
www.hellenicshippingnews.com - December 8 at 4:40 PM
News IconSpecialty Fuel Additives Market Global Industry Analysis, Size, Share and Forecast 2014-2020 (NYSE:MPX)
satprnews.com - December 8 at 4:40 PM
News Icon2016 Was a Big Year for Oil Pipelines. Here Are 3 Takeaways (NYSE:MPX)
news.nationalgeographic.com - December 8 at 4:40 PM
News IconBay Maritime Corp. buys Svendsen’s Boat Works (NYSE:MPX)
www.sailingscuttlebutt.com - December 8 at 4:40 PM
News IconReview: Sig Sauer MPX ASP Red Dot Semi-Auto Pellet Rifle (NYSE:MPX)
www.thefirearmblog.com - December 8 at 4:40 PM
marketexclusive.com logoMARINE PRODUCTS CORPORATION (NASDAQ:MPX) Files An 8-K Other Events (NYSE:MPX)
marketexclusive.com - November 18 at 5:51 PM
publicnow.com logoMarine Products Corporation Announces Tender Offer Proration Results (NYSE:MPX)
www.publicnow.com - November 18 at 5:51 PM
publicnow.com logoMarine Products Corporation Announces Final Results of Tender Offer (NYSE:MPX)
www.publicnow.com - November 14 at 6:34 PM
finance.yahoo.com logoMARINE PRODUCTS CORP Financials (NYSE:MPX)
finance.yahoo.com - November 4 at 5:41 PM
capitalcube.com logoETF’s with exposure to Marine Products Corp. : October 31, 2016 (NYSE:MPX)
www.capitalcube.com - October 31 at 6:19 PM
biz.yahoo.com logoMARINE PRODUCTS CORP Files SEC form 10-Q, Quarterly Report (NYSE:MPX)
biz.yahoo.com - October 31 at 6:19 PM
capitalcube.com logoMarine Products Corp. :MPX-US: Earnings Analysis: Q3, 2016 By the Numbers : October 28, 2016 (NYSE:MPX)
www.capitalcube.com - October 28 at 5:59 PM
sg.finance.yahoo.com logoMarine Products posts 3Q profit (NYSE:MPX)
sg.finance.yahoo.com - October 26 at 6:15 PM
publicnow.com logoMarine Products Corporation Reports Third Quarter 2016 Financial Results (NYSE:MPX)
www.publicnow.com - October 26 at 6:15 PM
biz.yahoo.com logoQ3 2016 Marine Products Corp Earnings Release - Before Market Open (NYSE:MPX)
biz.yahoo.com - October 26 at 6:15 PM
biz.yahoo.com logoMARINE PRODUCTS CORP Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits (NYSE:MPX)
biz.yahoo.com - October 26 at 6:15 PM
publicnow.com logoMarine Products Corporation Announces Change in Term and Price of Tender Offer and Quarterly Dividend (NYSE:MPX)
www.publicnow.com - October 25 at 6:17 PM
publicnow.com logoTimothy C. Rollins Appointed to the Marine Products Corporation Board of Directors (NYSE:MPX)
www.publicnow.com - October 25 at 6:17 PM
News IconMarine Products Corp. to release Q3 2016 earnings Wednesday (NYSE:MPX)
boatingindustry.com - October 25 at 11:19 AM
mysmartrend.com logo36.4% Return Seen to Date on SmarTrend Marine Products Call (MPX) (NYSE:MPX)
www.mysmartrend.com - October 24 at 5:57 PM
capitalcube.com logoMarine Products Corp. breached its 50 day moving average in a Bearish Manner : MPX-US : October 19, 2016 (NYSE:MPX)
www.capitalcube.com - October 19 at 11:14 AM
mysmartrend.com logoShares of MPX Up 39.0% Since Uptrend Call on Shares (NYSE:MPX)
www.mysmartrend.com - October 14 at 6:02 PM
publicnow.com logoMarine Products Corporation Announces Date for Third Quarter 2016 Financial Results and Conference Call (NYSE:MPX)
www.publicnow.com - October 11 at 6:30 PM
capitalcube.com logoMarine Products Corp. breached its 50 day moving average in a Bearish Manner : MPX-US : September 27, 2016 (NYSE:MPX)
www.capitalcube.com - September 27 at 10:49 AM
mysmartrend.com logo39.2% Return Seen to Date on SmarTrend Marine Products Call (MPX) (NYSE:MPX)
www.mysmartrend.com - September 21 at 5:53 PM
capitalcube.com logoMarine Products Corp. – Value Analysis (NYSE:MPX) : September 16, 2016 (NYSE:MPX)
www.capitalcube.com - September 16 at 5:59 PM
biz.yahoo.com logoMARINE PRODUCTS CORP Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NYSE:MPX)
biz.yahoo.com - September 15 at 9:40 AM
capitalcube.com logoMarine Products Corp. breached its 50 day moving average in a Bullish Manner : MPX-US : September 15, 2016 (NYSE:MPX)
www.capitalcube.com - September 15 at 9:40 AM
mysmartrend.com logoMarine Products Shares Up 37.9% Since SmarTrend's Buy Recommendation (MPX) (NYSE:MPX)
www.mysmartrend.com - September 14 at 10:30 AM
finance.yahoo.com logoMarine Products Corporation to Present at the B. Riley & Co. 2nd Annual Consumer Conference (NYSE:MPX)
finance.yahoo.com - September 12 at 5:57 PM
finance.yahoo.com logo6:53 am Marine Products commences a tender offer to purchase for cash 3.2 mln shares of common stock at a purchase price of $9.00/share, with the right to increase the tender offer to up to 3.5 mln shares (NYSE:MPX)
finance.yahoo.com - August 26 at 9:17 AM
publicnow.com logoMarine Products Corporation Announces Commencement of Tender Offer (NYSE:MPX)
www.publicnow.com - August 26 at 9:17 AM
mysmartrend.com logoUptrend Call Working As Marine Products Stock Rises 38.7% (MPX) (NYSE:MPX)
www.mysmartrend.com - August 22 at 6:15 PM
finance.yahoo.com logoMarine Products Corporation Announces Tender Offer (NYSE:MPX)
finance.yahoo.com - August 17 at 6:29 PM
capitalcube.com logoETF’s with exposure to Marine Products Corp. : August 16, 2016 (NYSE:MPX)
www.capitalcube.com - August 16 at 6:25 PM
capitalcube.com logoMarine Products Corp. breached its 50 day moving average in a Bearish Manner : MPX-US : August 15, 2016 (NYSE:MPX)
www.capitalcube.com - August 15 at 8:28 AM

Social

What is Marine Products Corporation's stock symbol?

Marine Products Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "MPX."

How often does Marine Products Corporation pay dividends? What is the dividend yield for Marine Products Corporation?

Marine Products Corporation declared a quarterly dividend on Wednesday, January 25th. Shareholders of record on Friday, February 10th will be given a dividend of $0.07 per share on Friday, March 10th. This represents a $0.28 dividend on an annualized basis and a yield of 2.58%. The ex-dividend date of this dividend is Wednesday, February 8th. This is an increase from Marine Products Corporation's previous quarterly dividend of $0.06.

Where is Marine Products Corporation's stock going? Where will Marine Products Corporation's stock price be in 2017?

1 brokerages have issued 12-month target prices for Marine Products Corporation's stock. Their forecasts range from $11.00 to $11.00. On average, they anticipate Marine Products Corporation's share price to reach $11.00 in the next twelve months.

When will Marine Products Corporation announce their earnings?

Marine Products Corporation is scheduled to release their next quarterly earnings announcement on Tuesday, April, 25th 2017.

Who owns Marine Products Corporation stock?

Marine Products Corporation's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Gamco Investors INC. ET AL (3.19%), Teton Advisors Inc. (2.21%), Dimensional Fund Advisors LP (1.44%), Gabelli Funds LLC (0.78%), Renaissance Technologies LLC (0.50%) and State Street Corp (0.32%).

Who sold Marine Products Corporation stock? Who is selling Marine Products Corporation stock?

Marine Products Corporation's stock was sold by a variety of institutional investors in the last quarter, including Gamco Investors INC. ET AL, Teton Advisors Inc., Dimensional Fund Advisors LP, Gabelli Funds LLC and State Street Corp.

Who bought Marine Products Corporation stock? Who is buying Marine Products Corporation stock?

Marine Products Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC and Perritt Capital Management Inc..

How do I buy Marine Products Corporation stock?

Shares of Marine Products Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Marine Products Corporation stock cost?

One share of Marine Products Corporation stock can currently be purchased for approximately $10.86.

Marine Products Corporation (NYSE:MPX) Chart for Friday, February, 24, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Marine Products Corporation (NYSE:MPX)

Earnings History Chart

Earnings by Quarter for Marine Products Corporation (NYSE:MPX)

Dividend History Chart

Dividend Payments by Quarter for Marine Products Corporation (NYSE:MPX)

Last Updated on 2/24/2017 by MarketBeat.com Staff