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NYSE:MPXMarine Products Stock Price, Forecast & News

$14.59
+0.29 (+2.03 %)
(As of 08/7/2020 04:00 PM ET)
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Today's Range
$14.14
Now: $14.59
$14.65
50-Day Range
$12.41
MA: $14.18
$17.89
52-Week Range
$6.77
Now: $14.59
$18.51
Volume62,369 shs
Average Volume39,091 shs
Market Capitalization$495.61 million
P/E Ratio29.18
Dividend Yield2.24%
Beta1.12
Marine Products Corporation designs, manufactures, and sells recreational fiberglass powerboats for the sportboat, deckboat, cruiser, jet boat, and sport fishing markets worldwide. The company provides Chaparral sterndrive pleasure boats, including SSi and SSX sportboats, Sunesta sportdecks, Signature cruisers, SunCoast sportdeck outboards, Vortex jet boats and the Surf Series, and Robalo outboard sport fishing boats, as well as H2O Sport, and Fish and Ski boats. It sells its products to a network of 168 domestic and 86 international independent authorized dealers. The company was founded in 1965 and is based in Atlanta, Georgia.
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Beat the Market (BTM) Rank

Analyst Opinion: 1.0Community Rank: 2.2Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.01 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$292.14 million
Cash Flow$0.91 per share
Book Value$2.25 per share

Profitability

Net Income$28.24 million

Miscellaneous

Employees976
Market Cap$495.61 million
Next Earnings Date10/28/2020 (Estimated)
OptionableOptionable
$14.59
+0.29 (+2.03 %)
(As of 08/7/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Marine Products (NYSE:MPX) Frequently Asked Questions

How has Marine Products' stock been impacted by COVID-19 (Coronavirus)?

Marine Products' stock was trading at $10.09 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, MPX stock has increased by 44.6% and is now trading at $14.59.
View which stocks have been most impacted by Coronavirus
.

Do Wall Street analysts recommend investors buy shares of 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
.

When is Marine Products' next earnings date?

Marine Products is scheduled to release its next quarterly earnings announcement on Wednesday, October 28th 2020.
View our earnings forecast for Marine Products
.

How were Marine Products' earnings last quarter?

Marine Products Corp. (NYSE:MPX) released its quarterly earnings data on Wednesday, July, 29th. The company reported $0.05 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.02. The business had revenue of $40.82 million for the quarter, compared to analysts' expectations of $31.73 million. Marine Products had a net margin of 7.86% and a return on equity of 22.13%.
View Marine Products' earnings history
.

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

Marine Products declared a quarterly dividend on Wednesday, July 29th. Stockholders of record on Monday, August 10th will be paid a dividend of $0.08 per share on Thursday, September 10th. This represents a $0.32 annualized dividend and a dividend yield of 2.19%. The ex-dividend date of this dividend is Friday, August 7th.
View Marine Products' dividend history
.

What price target have analysts set for MPX?

1 brokers have issued twelve-month price objectives for Marine Products' shares. Their forecasts range from $14.50 to $14.50. On average, they expect Marine Products' stock price to reach $14.50 in the next year. This suggests that the stock has a possible downside of 0.6%.
View analysts' price targets for Marine Products
.

Has Marine Products been receiving favorable news coverage?

News headlines about MPX stock have been trending very positive on Saturday, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Marine Products earned a media sentiment score of 4.0 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days.
View the latest news about Marine Products
.

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 Ford Motor (F), Weyerhaeuser (WY), Exxon Mobil (XOM), Freeport-McMoRan (FCX), Altria Group (MO), NVIDIA (NVDA), Alibaba Group (BABA), Bank of America (BAC), Foot Locker (FL) and General Mills (GIS).

Who are Marine Products' key executives?

Marine Products' management team includes the following 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

What is Marine Products' stock symbol?

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

Who are Marine Products' major shareholders?

Marine Products' stock is owned by many different retail and institutional investors. Top institutional investors include Denali Advisors LLC (0.17%), WINTON GROUP Ltd (0.07%) and UBS Group AG (0.03%).
View institutional ownership trends for Marine Products
.

Which major investors are selling Marine Products stock?

MPX stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG.
View insider buying and selling activity for Marine Products
.

Which major investors are buying Marine Products stock?

MPX stock was purchased by a variety of institutional investors in the last quarter, including WINTON GROUP Ltd, and Denali Advisors LLC.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Marine Products' stock price today?

One share of MPX stock can currently be purchased for approximately $14.59.

How big of a company is Marine Products?

Marine Products has a market capitalization of $495.61 million and generates $292.14 million in revenue each year. The company earns $28.24 million in net income (profit) each year or $0.83 on an earnings per share basis. Marine Products employs 976 workers across the globe.

What is Marine Products' official website?

The official website for Marine Products is www.marineproductscorp.com.

How can I contact Marine Products?

Marine Products' mailing address is 2801 BUFORD HIGHWAY NE SUITE 520, ATLANTA GA, 30329. The company can be reached via phone at 404-321-7910 or via email at [email protected]

This page was last updated on 8/8/2020 by MarketBeat.com Staff

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