S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
Saudi Aramco's profits already $88B as oil prices stay high
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Average US gasoline price falls 45 cents to $4.10 per gallon
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
Potential 500% Return From A Unique $1 Asset? (Ad)pixel
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
Saudi Aramco's profits already $88B as oil prices stay high
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Average US gasoline price falls 45 cents to $4.10 per gallon
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
Potential 500% Return From A Unique $1 Asset? (Ad)pixel
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
Saudi Aramco's profits already $88B as oil prices stay high
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Average US gasoline price falls 45 cents to $4.10 per gallon
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
Potential 500% Return From A Unique $1 Asset? (Ad)pixel
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
Saudi Aramco's profits already $88B as oil prices stay high
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Average US gasoline price falls 45 cents to $4.10 per gallon
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
Potential 500% Return From A Unique $1 Asset? (Ad)pixel
NYSE:MPX

Marine Products - MPX Stock Forecast, Price & News

$11.70
+0.46 (+4.09%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$11.17
$11.84
50-Day Range
$8.39
$11.88
52-Week Range
$8.32
$15.40
Volume
89,356 shs
Average Volume
45,693 shs
Market Capitalization
$400.61 million
P/E Ratio
12.32
Dividend Yield
4.10%
Price Target
N/A

Marine Products MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
2.01% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.00mentions of Marine Products in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.61 out of 5 stars

Consumer Discretionary Sector

276th out of 296 stocks

Ship & Boat Building & Repairing Industry

5th out of 5 stocks

MPX stock logo

About Marine Products (NYSE:MPX) Stock

Marine Products Corporation designs, manufactures, and sells recreational fiberglass powerboats for the sportboat, sport fishing, and jet 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 and SSX outboard models; and Robalo outboard sport fishing boats. It also provides center and dual consoles, and Cayman Bay Boats under the Robalo brand name. The company sells its products to a network of 206 domestic and 92 international independent authorized dealers. Marine Products Corporation was founded in 1965 and is based in Atlanta, Georgia.

Marine Products Stock Up 4.1 %

Shares of MPX traded up $0.46 during trading hours on Friday, reaching $11.70. 89,356 shares of the company traded hands, compared to its average volume of 45,693. The stock has a market capitalization of $400.61 million, a P/E ratio of 12.32 and a beta of 1.12. Marine Products has a 12-month low of $8.32 and a 12-month high of $15.40. The business has a fifty day moving average price of $9.87 and a 200-day moving average price of $11.23.

Marine Products Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 9th. Stockholders of record on Wednesday, August 10th will be issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.10%. The ex-dividend date is Tuesday, August 9th. Marine Products's dividend payout ratio (DPR) is presently 50.53%.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on shares of Marine Products in a report on Thursday. They issued a "hold" rating on the stock.

Receive MPX Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Marine Products and its competitors with MarketBeat's FREE daily newsletter.

MPX Stock News Headlines

Marine Products (NYSE:MPX) Coverage Initiated at StockNews.com
Marine Products (MPX) Scheduled to Post Earnings on Wednesday
Marine Products Stock
Marine Products Tops Q1 EPS by 21c
Marine Products GAAP EPS of $0.25, revenue of $76.54M
Marine Products declares $0.12 dividend
3 Reasons That The Tide Is Turning For Marine Products
See More Headlines
Receive MPX Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Marine Products and its competitors with MarketBeat's FREE daily newsletter.

MPX Company Calendar

Last Earnings
10/27/2021
Ex-Dividend for 6/10 Dividend
5/09/2022
Dividend Payable
6/10/2022
Ex-Dividend for 9/9 Dividend
8/09/2022
Today
8/14/2022
Dividend Payable
9/09/2022
Next Earnings (Estimated)
10/26/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Ship & boat building & repairing
Sub-Industry
Leisure Products
CUSIP
56842710
Employees
880
Year Founded
N/A

Profitability

Net Income
$29.03 million
Pretax Margin
12.70%

Debt

Sales & Book Value

Annual Sales
$298.01 million
Cash Flow
$0.91 per share
Book Value
$3.16 per share

Miscellaneous

Free Float
8,286,000
Market Cap
$400.61 million
Optionable
Optionable
Beta
1.12














MPX Stock - Frequently Asked Questions

How have MPX shares performed in 2022?

Marine Products' stock was trading at $12.50 at the start of the year. Since then, MPX stock has decreased by 6.4% and is now trading at $11.70.
View the best growth stocks for 2022 here
.

When is Marine Products' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our MPX earnings forecast
.

How were Marine Products' earnings last quarter?

Marine Products Co. (NYSE:MPX) announced its earnings results on Wednesday, October, 27th. The company reported $0.20 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.22 by $0.02. The business had revenue of $75.84 million for the quarter. Marine Products had a trailing twelve-month return on equity of 31.97% and a net margin of 9.90%.

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

Marine Products declared a quarterly dividend on Wednesday, July 27th. Shareholders of record on Wednesday, August 10th will be given a dividend of $0.12 per share on Friday, September 9th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.10%. The ex-dividend date is Tuesday, August 9th.
Read our dividend analysis for MPX
.

Is Marine Products a good dividend stock?

Marine Products (NYSE:MPX) pays an annual dividend of $0.48 per share and currently has a dividend yield of 4.10%. MPX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 50.53%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for MPX.

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

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 shareholders include Gamco Investors INC. ET AL (1.67%), Northern Trust Corp (0.27%), State Board of Administration of Florida Retirement System (0.09%), Los Angeles Capital Management LLC (0.08%), Rhumbline Advisers (0.03%) and BNP Paribas Arbitrage SA (0.02%).
View institutional ownership trends
.

How do I buy shares of Marine Products?

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

What is Marine Products' stock price today?

One share of MPX stock can currently be purchased for approximately $11.70.

How much money does Marine Products make?

Marine Products (NYSE:MPX) has a market capitalization of $400.61 million and generates $298.01 million in revenue each year. The company earns $29.03 million in net income (profit) each year or $0.95 on an earnings per share basis.

How many employees does Marine Products have?

The company employs 880 workers across the globe.

How can I contact Marine Products?

Marine Products' mailing address is 2801 BUFORD HIGHWAY NE SUITE 300, ATLANTA GA, 30329. The official website for the company is www.marineproductscorp.com. The company can be reached via phone at (404) 321-7910, via email at jlanders@marineproductscorp.com, or via fax at 404-321-5483.

This page (NYSE:MPX) was last updated on 8/14/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.