NYSE:MPX - Marine Products Stock Price, News, & Analysis

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$14.82 -0.13 (-0.87 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$14.95
Today's Range$14.42 - $15.13
52-Week Range$13.19 - $24.82
Volume88,400 shs
Average Volume61,608 shs
Market Capitalization$511.28 million
P/E Ratio17.86
Dividend Yield3.21%
Beta0.4
Marine Products Corporation designs, manufactures, and sells recreational fiberglass powerboats for the sportboat, deckboat, cruiser, jet boat, and sport fishing markets worldwide. It provides Chaparral sterndrive pleasure boats, including SSi and SSX sportboats, Sunesta sportdecks, Signature cruisers, SunCoast sportdeck outboards, Vortex Jet Boats, and Robalo outboard sport fishing boats, as well as H2O Sport, and Fish and Ski boats. The company sells its products to a network of 161 domestic and 92 international independent authorized dealers. Marine Products Corporation was founded in 1965 and is based in Atlanta, Georgia.

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Industry, Sector and Symbol

Industry Ship & boat building & repairing
Sub-IndustryLeisure Products
SectorConsumer Discretionary
CUSIP56842710
Phone404-321-7910

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$298.62 million
Cash Flow$0.6590 per share
Book Value$2.00 per share

Profitability

Net Income$28.49 million

Miscellaneous

Employees891
Market Cap$511.28 million
Next Earnings Date4/24/2019 (Estimated)
OptionableOptionable

Marine Products (NYSE:MPX) Frequently Asked Questions

What is Marine Products' stock symbol?

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

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

Marine Products declared a quarterly dividend on Wednesday, January 23rd. Investors of record on Monday, February 11th will be paid a dividend of $0.12 per share on Monday, March 11th. This represents a $0.48 dividend on an annualized basis and a yield of 3.24%. The ex-dividend date of this dividend is Friday, February 8th. This is a boost from Marine Products's previous quarterly dividend of $0.10. View Marine Products' Dividend History.

How were Marine Products' earnings last quarter?

Marine Products Corp. (NYSE:MPX) posted its quarterly earnings data on Wednesday, January, 23rd. The company reported $0.14 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.19 by $0.05. The company had revenue of $62.06 million for the quarter, compared to analysts' expectations of $70.42 million. Marine Products had a return on equity of 37.32% and a net margin of 9.54%. View Marine Products' Earnings History.

When is Marine Products' next earnings date?

Marine Products is scheduled to release their next quarterly earnings announcement on Wednesday, April 24th 2019. View Earnings Estimates for Marine Products.

What price target have analysts set for MPX?

1 analysts have issued 12-month target prices for Marine Products' stock. Their predictions range from $16.00 to $16.00. On average, they anticipate Marine Products' share price to reach $16.00 in the next twelve months. This suggests a possible upside of 8.0% from the stock's current price. View Analyst Price Targets for Marine Products.

What is the consensus analysts' recommendation for Marine Products?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Marine Products in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Marine Products.

Has Marine Products been receiving favorable news coverage?

Press coverage about MPX stock has been trending somewhat positive recently, InfoTrie reports. The research group rates the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Marine Products earned a news sentiment score of 1.7 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the near term.

Who are some of Marine Products' key competitors?

What other stocks do shareholders of Marine Products own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Marine Products investors own include Weyerhaeuser (WY), Advanced Micro Devices (AMD), General Electric (GE), Freeport-McMoRan (FCX), Alibaba Group (BABA), Micron Technology (MU), Foot Locker (FL), NVIDIA (NVDA), Altria Group (MO) and Procter & Gamble (PG).

Who are Marine Products' key executives?

Marine Products' management team includes the folowing people:
  • Mr. Richard A. Hubbell, Pres, CEO & Director (Age 74)
  • Mr. Ben M. Palmer, VP, CFO, Treasurer & Corp. Sec. (Age 59)
  • Mr. James C. Landers, VP of Corp. Fin.
  • Ms. Sharon A. Lennon, Mang. of Investor Relations & Corp. Communications

Who are Marine Products' major shareholders?

Marine Products' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Gamco Investors INC. ET AL (2.67%), Teton Advisors Inc. (2.32%), Dimensional Fund Advisors LP (1.91%), BlackRock Inc. (1.66%), Bank of New York Mellon Corp (0.51%) and Geode Capital Management LLC (0.20%). Company insiders that own Marine Products stock include Ben M Palmer, Naser Bin Butti Almheiri, Pam R Rollins and Timothy Curtis Rollins. View Institutional Ownership Trends for Marine Products.

Which institutional investors are selling Marine Products stock?

MPX stock was sold by a variety of institutional investors in the last quarter, including Gamco Investors INC. ET AL, Teton Advisors Inc., Bank of America Corp DE, Macquarie Group Ltd. and Synovus Financial Corp. View Insider Buying and Selling for Marine Products.

Which institutional investors are buying Marine Products stock?

MPX stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Dimensional Fund Advisors LP, Raymond James & Associates, Rhumbline Advisers, Acadian Asset Management LLC, Geode Capital Management LLC, O Shaughnessy Asset Management LLC and Bank of New York Mellon Corp. Company insiders that have bought Marine Products stock in the last two years include Pam R Rollins and Timothy Curtis Rollins. View Insider Buying and Selling for Marine Products.

How do I buy shares of Marine Products?

Shares of MPX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Marine Products' stock price today?

One share of MPX stock can currently be purchased for approximately $14.82.

How big of a company is Marine Products?

Marine Products has a market capitalization of $511.28 million and generates $298.62 million in revenue each year. The company earns $28.49 million in net income (profit) each year or $0.83 on an earnings per share basis. Marine Products employs 891 workers across the globe.

What is Marine Products' official website?

The official website for Marine Products is http://www.marineproductscorp.com.

How can I contact Marine Products?

Marine Products' mailing address is 2801 BUFORD HIGHWAY NE, ATLANTA GA, 30329. The company can be reached via phone at 404-321-7910 or via email at [email protected]


MarketBeat Community Rating for Marine Products (NYSE MPX)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  175 (Vote Outperform)
Underperform Votes:  188 (Vote Underperform)
Total Votes:  363
MarketBeat's community ratings are surveys of what our community members think about Marine Products and other stocks. Vote "Outperform" if you believe MPX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MPX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/23/2019 by MarketBeat.com Staff

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