Marine Products Corp. Company Profile (NYSE:MPX)

About Marine Products Corp. (NYSE:MPX)

Marine Products Corp. logoMarine Products Corporation manufactures fiberglass motorized boats distributed and marketed through its independent dealer network. The Company designs, manufactures and sells recreational fiberglass powerboats in the sportboat, deckboat, cruiser, jet boat and sport fishing markets. The Company's product offerings include Chaparral sterndrive, outboard and jet pleasure boats, and Robalo outboard sport fishing boats. The Company's product line includes Chaparral-Vortex Jet Boat; Chaparral-H2O Sport Series; Chaparral-SunCoast Outboard Deck Boat; Chaparral-SSi Wide Tech; Chaparral-SSX Sport Boat; Chaparral-Sunesta Sport Deck; Chaparral-Signature Cruiser; Robalo-Center Console; Robalo-Cayman Bay Boat, and Robalo-Dual Console Robalo-Walkaround. Its manufacturing facilities are located in Nashville and Valdosta in Georgia. The Chaparral - Vortex Jet Boats are fiberglass sterndrive pleasure boats marketed as jet-powered boats with traditional bowrider styling.

Industry, Sector and Symbol:
  • Sector: Consumer Discretionary
  • Industry: Recreational Vehicles
  • Sub-Industry: Leisure Products
  • Symbol: NYSE:MPX
  • CUSIP: 56842710
  • Web: www.marineproductscorp.com
Capitalization:
  • Market Cap: $466.68 million
  • Outstanding Shares: 34,957,000
Average Prices:
  • 50 Day Moving Avg: $12.19
  • 200 Day Moving Avg: $11.81
  • 52 Week Range: $7.87 - $14.87
P/E:
  • Trailing P/E Ratio: 27.36
  • Foreward P/E Ratio: 16.69
  • P/E Growth: 2.20
Sales & Book Value:
  • Annual Revenue: $248.71 million
  • Price / Sales: 1.88
  • Book Value: $1.93 per share
  • Price / Book: 6.92
Dividend:
  • Annual Dividend: $0.28
  • Dividend Yield: 2.1%
Profitability:
  • EBIDTA: $26.26 million
  • Net Margins: 6.94%
  • Return on Equity: 17.59%
  • Return on Assets: 13.85%
Debt:
  • Current Ratio: 3.08%
  • Quick Ratio: 1.23%
Misc:
  • Average Volume: 31,069 shs.
  • Beta: 0.64
  • Short Ratio: 6.52
 

Frequently Asked Questions for Marine Products Corp. (NYSE:MPX)

What is Marine Products Corp.'s stock symbol?

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

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

Marine Products Corp. declared a quarterly dividend on Wednesday, April 26th. Shareholders of record on Wednesday, May 10th will be given a dividend of $0.07 per share on Friday, June 9th. This represents a $0.28 annualized dividend and a yield of 2.10%. The ex-dividend date of this dividend is Monday, May 8th. View Marine Products Corp.'s Dividend History.

How were Marine Products Corp.'s earnings last quarter?

Marine Products Corp. (NYSE:MPX) issued its earnings results on Friday, April, 28th. The company reported $0.15 earnings per share for the quarter, topping analysts' consensus estimates of $0.13 by $0.02. The company earned $71.04 million during the quarter, compared to the consensus estimate of $65 million. Marine Products Corp. had a net margin of 6.94% and a return on equity of 17.59%. View Marine Products Corp.'s Earnings History.

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

1 brokerages have issued 1 year price objectives for Marine Products Corp.'s shares. Their predictions range from $11.50 to $11.50. On average, they anticipate Marine Products Corp.'s share price to reach $11.50 in the next year. View Analyst Ratings for Marine Products Corp..

Who are some of Marine Products Corp.'s key competitors?

Who are Marine Products Corp.'s key executives?

Marine Products Corp.'s management team includes the folowing people:

  • R. Randall Rollins, Chairman of the Board
  • Richard A. Hubbell, President, Chief Executive Officer, Director
  • Benjamin M. Palmer, Chief Financial Officer, Vice President, Treasurer
  • Linda H. Graham, Vice President, Secretary, Director
  • Gary W. Rollins, Director
  • Timothy Curtis Rollins, Director
  • Bill J. Dismuke, Independent Director
  • Larry L. Prince, Independent Director
  • Henry B. Tippie, Presiding Independent Director

Who owns Marine Products Corp. stock?

Marine Products Corp.'s stock is owned by a number of of retail and institutional investors. Top institutional investors include Gamco Investors INC. ET AL (3.13%), Teton Advisors Inc. (2.30%), Dimensional Fund Advisors LP (1.58%), Vanguard Group Inc. (1.11%), Gabelli Funds LLC (0.82%) and Renaissance Technologies LLC (0.54%). View Institutional Ownership Trends for Marine Products Corp..

Who sold Marine Products Corp. stock? Who is selling Marine Products Corp. stock?

Marine Products Corp.'s stock was sold by a variety of institutional investors in the last quarter, including Gamco Investors INC. ET AL, Morgan Stanley, TIAA CREF Investment Management LLC and Alliancebernstein L.P.. View Insider Buying and Selling for Marine Products Corp..

Who bought Marine Products Corp. stock? Who is buying Marine Products Corp. stock?

Marine Products Corp.'s stock was bought by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Wedge Capital Management L L P NC, Dimensional Fund Advisors LP, Renaissance Technologies LLC, Bank of New York Mellon Corp, Schwab Charles Investment Management Inc., Teachers Advisors LLC and Geode Capital Management LLC. View Insider Buying and Selling for Marine Products Corp..

How do I buy Marine Products Corp. stock?

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

What is Marine Products Corp.'s stock price today?

One share of Marine Products Corp. stock can currently be purchased for approximately $13.35.


MarketBeat Community Rating for Marine Products Corp. (NYSE MPX)
Community Ranking:  1.5 out of 5 ( )
Outperform Votes:  27 (Vote Outperform)
Underperform Votes:  61 (Vote Underperform)
Total Votes:  88
MarketBeat's community ratings are surveys of what our community members think about Marine Products Corp. and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Marine Products Corp. (NYSE:MPX) (?)
Ratings Breakdown: 1 Hold Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $11.50 (13.86% downside)

Analysts' Ratings History for Marine Products Corp. (NYSE:MPX)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/3/2017B. RileyReiterated RatingNeutral$11.50LowView Rating Details
(Data available from 5/29/2015 forward)

Earnings

Earnings History for Marine Products Corp. (NYSE:MPX)
Earnings by Quarter for Marine Products Corp. (NYSE:MPX)
Earnings History by Quarter for Marine Products Corp. (NYSE:MPX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/28/2017Q1 2017$0.13$0.15$65.00 million$71.04 millionViewN/AView Earnings Details
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$0.06$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 Corp. (NYSE:MPX)
2017 EPS Consensus Estimate: $0.59
2018 EPS Consensus Estimate: $0.80
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.13$0.13$0.13
Q2 20171$0.15$0.15$0.15
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$0.20$0.20$0.20
Q3 20181$0.22$0.22$0.22
Q4 20181$0.21$0.21$0.21
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Marine Products Corp. (NYSE:MPX)
Next Dividend:6/9/2017
Annual Dividend:$0.28
Dividend Yield:2.10%
Dividend Growth:26.00% (3 Year Average)
Payout Ratio:63.64% (Trailing 12 Months of Earnings)
45.90% (Based on This Year's Estimates)
35.00% (Based on Next Year's Estimates)
Track Record:2 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Marine Products Corp. (NYSE:MPX)

Dividend History by Quarter for Marine Products Corp. (NYSE:MPX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/26/2017quarterly$0.072.27%5/8/20175/10/20176/9/2017
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 and Institutional Ownership History for Marine Products Corp. (NYSE:MPX)
Insider Ownership Percentage: 72.30%
Institutional Ownership Percentage: 22.02%
Insider Trades by Quarter for Marine Products Corp. (NYSE:MPX)
Institutional Ownership by Quarter for Marine Products Corp. (NYSE:MPX)
Insider Trades by Quarter for Marine Products Corp. (NYSE:MPX)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/17/2017Timothy Curtis RollinsDirectorBuy5,000$12.67$63,350.00View SEC Filing  
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

Headline Trends for Marine Products Corp. (NYSE:MPX)
Latest Headlines for Marine Products Corp. (NYSE:MPX)
Source:
DateHeadline
finance.yahoo.com logoETFs with exposure to Marine Products Corp. : May 26, 2017
finance.yahoo.com - May 26 at 7:28 PM
finance.yahoo.com logoHow Marine Products (MPX) Stock Stands Out in a Strong Industry
finance.yahoo.com - May 19 at 11:15 AM
americanbankingnews.com logoTimothy Curtis Rollins Purchases 5,000 Shares of Marine Products Corp. (MPX) Stock
www.americanbankingnews.com - May 18 at 1:15 PM
finance.yahoo.com logoETFs with exposure to Marine Products Corp. : May 11, 2017
finance.yahoo.com - May 11 at 7:08 PM
americanbankingnews.com logoPositive Press Coverage Somewhat Unlikely to Affect Marine Products Corp. (MPX) Stock Price
www.americanbankingnews.com - May 3 at 4:18 PM
finance.yahoo.com logoMarine Products Corp. :MPX-US: Earnings Analysis: Q1, 2017 By the Numbers : May 2, 2017
finance.yahoo.com - May 3 at 10:15 AM
americanbankingnews.com logoQ2 2017 EPS Estimates for Marine Products Corp. Increased by B. Riley (MPX)
www.americanbankingnews.com - May 1 at 7:55 AM
americanbankingnews.com logoMarine Products Corp.'s (MPX) "Neutral" Rating Reiterated at B. Riley
www.americanbankingnews.com - April 30 at 7:37 AM
americanbankingnews.com logoSomewhat Favorable Media Coverage Likely to Impact Marine Products Corp. (MPX) Stock Price
www.americanbankingnews.com - April 27 at 11:52 PM
americanbankingnews.com logoMarine Products Corp. (MPX) Releases Earnings Results, Beats Estimates By $0.02 EPS
www.americanbankingnews.com - April 27 at 5:38 PM
finance.yahoo.com logoEdited Transcript of MPX earnings conference call or presentation 26-Apr-17 12:00pm GMT
finance.yahoo.com - April 27 at 9:45 AM
americanbankingnews.com logoMarine Products Corp. to Issue Quarterly Dividend of $0.07 (MPX)
www.americanbankingnews.com - April 26 at 6:40 PM
seekingalpha.com logoMarine Products' (MPX) CEO Rick Hubbell on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - April 26 at 6:39 PM
finance.yahoo.com logoMarine Products Corporation Announces Regular Quarterly Cash Dividend
finance.yahoo.com - April 26 at 6:39 PM
finance.yahoo.com logoMarine Products Corporation Reports First Quarter 2017 Financial Results
finance.yahoo.com - April 26 at 6:39 PM
finance.yahoo.com logoMarine Products posts 1Q profit
finance.yahoo.com - April 26 at 6:39 PM
finance.yahoo.com logoETFs with exposure to Marine Products Corp. : April 25, 2017
finance.yahoo.com - April 25 at 5:57 PM
finance.yahoo.com logoMarine Products Corp. – Value Analysis (NYSE:MPX) : April 20, 2017
finance.yahoo.com - April 20 at 6:42 PM
finance.yahoo.com logoMarine Products Corp. breached its 50 day moving average in a Bullish Manner : MPX-US : April 19, 2017
finance.yahoo.com - April 19 at 10:29 AM
finance.yahoo.com logoMarine Products Corp. breached its 50 day moving average in a Bullish Manner : MPX-US : April 4, 2017
finance.yahoo.com - April 7 at 11:16 AM
finance.yahoo.com logoMarine Products Corporation Announces Date for First Quarter 2017 Financial Results and Conference Call
finance.yahoo.com - April 7 at 11:16 AM
americanbankingnews.com logoMarine Products Corp. (MPX) Upgraded to "Hold" by Zacks Investment Research
www.americanbankingnews.com - March 30 at 11:24 PM
seekingalpha.com logoMarine Products: There Are Better Boat Plays Out There
seekingalpha.com - March 23 at 7:10 PM
biz.yahoo.com logoMARINE PRODUCTS CORP Files SEC form 10-K, Annual Report
biz.yahoo.com - March 1 at 10:50 AM
investopedia.com logoRising Revenue Tide is Lifting Marine Retailers
www.investopedia.com - February 27 at 6:01 PM
seekingalpha.com logoMarine Products' (MPX) CEO Rick Hubbell on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - January 25 at 8:07 PM
bizjournals.com logoMarine Products Corporation Reports Fourth Quarter 2016 Financial Results
www.bizjournals.com - January 25 at 8:07 PM
prnewswire.com logoMarine Products Corporation Announces 17% Increase in Regular Quarterly Cash Dividend
www.prnewswire.com - January 25 at 8:07 PM
biz.yahoo.com logoQ4 2016 Marine Products Corp Earnings Release - Before Market Open
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
biz.yahoo.com - January 25 at 8:07 PM
biz.yahoo.com logoMARINE PRODUCTS CORP Files SEC form 8-K, Other Events
biz.yahoo.com - January 5 at 8:04 PM
finance.yahoo.com logoMARINE PRODUCTS CORP Financials
finance.yahoo.com - November 4 at 5:41 PM
biz.yahoo.com logoMARINE PRODUCTS CORP Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - October 31 at 6:19 PM
biz.yahoo.com logoQ3 2016 Marine Products Corp Earnings Release - Before Market Open
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
biz.yahoo.com - October 26 at 6:15 PM
biz.yahoo.com logoMARINE PRODUCTS CORP Files SEC form 8-K, Other Events, Financial Statements and Exhibits
biz.yahoo.com - September 15 at 9:40 AM
finance.yahoo.com logoMarine Products Corporation to Present at the B. Riley & Co. 2nd Annual Consumer Conference
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
finance.yahoo.com - August 26 at 9:17 AM
finance.yahoo.com logoMarine Products Corporation Announces Tender Offer
finance.yahoo.com - August 17 at 6:29 PM

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Chart

Marine Products Corp. (MPX) Chart for Monday, May, 29, 2017

This page was last updated on 5/29/2017 by MarketBeat.com Staff