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

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$17.16 +0.20 (+1.18 %)
(As of 12/18/2018 01:44 PM ET)
Previous Close$16.96
Today's Range$16.97 - $17.16
52-Week Range$12.00 - $24.82
Volume1,198 shs
Average Volume51,421 shs
Market Capitalization$595.79 million
P/E Ratio29.23
Dividend Yield2.32%
Beta0.48
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

Stock Exchange NYSE
Industry Ship & boat building & repairing
Sub-IndustryLeisure Products
SectorConsumer Discretionary
Current SymbolNYSE:MPX
Previous Symbol
CUSIP56842710
Phone404-321-7910

Debt

Debt-to-Equity RatioN/A
Current Ratio2.72
Quick Ratio0.77

Price-To-Earnings

Trailing P/E Ratio29.23
Forward P/E Ratio19.50
P/E GrowthN/A

Sales & Book Value

Annual Sales$267.32 million
Price / Sales2.21
Cash Flow$0.6552 per share
Price / Cash Flow26.19
Book Value$2.00 per share
Price / Book8.58

Profitability

EPS (Most Recent Fiscal Year)$0.60
Net Income$19.30 million
Net Margins8.97%
Return on Equity38.58%
Return on Assets26.68%

Miscellaneous

Employees891
Outstanding Shares34,500,000
Market Cap$595.79 million
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, October 24th. Investors of record on Friday, November 9th will be given a dividend of $0.10 per share on Monday, December 10th. This represents a $0.40 annualized dividend and a yield of 2.33%. The ex-dividend date of this dividend is Thursday, November 8th. View Marine Products' Dividend History.

How were Marine Products' earnings last quarter?

Marine Products Corp. (NYSE:MPX) announced its quarterly earnings results on Wednesday, October, 24th. The company reported $0.21 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.18 by $0.03. The firm earned $72.01 million during the quarter, compared to the consensus estimate of $67.66 million. Marine Products had a return on equity of 38.58% and a net margin of 8.97%. 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, January 23rd 2019. View Earnings Estimates for Marine Products.

What price target have analysts set for MPX?

2 Wall Street analysts have issued 12-month price objectives for Marine Products' shares. Their predictions range from $19.00 to $19.00. On average, they expect Marine Products' stock price to reach $19.00 in the next twelve months. This suggests a possible upside of 10.7% from the stock's current price. View Analyst Price Targets for Marine Products.

What is the consensus analysts' recommendation for Marine Products?

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

Has Marine Products been receiving favorable news coverage?

News stories about MPX stock have trended somewhat positive recently, InfoTrie reports. The research firm scores the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Marine Products earned a media sentiment score of 2.0 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 8.0 out of 10, indicating that recent press coverage is very likely to have an effect on the stock's share price in the immediate future.

Who are some of Marine Products' key competitors?

Who are Marine Products' key executives?

Marine Products' management team includes the folowing people:
  • Mr. Richard A. Hubbell, Pres, CEO & Director (Age 73)
  • Mr. Ben M. Palmer, VP, CFO, Treasurer & Corp. Sec. (Age 58)
  • 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 number of of retail and institutional investors. Top institutional shareholders include Gamco Investors INC. ET AL (2.75%), Teton Advisors Inc. (2.33%), Dimensional Fund Advisors LP (1.85%), Vanguard Group Inc (1.08%), Gabelli Funds LLC (0.82%) and Renaissance Technologies LLC (0.70%). 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 major 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., Wedge Capital Management L L P NC, Gabelli Funds LLC, Macquarie Group Ltd. and Bank of New York Mellon Corp. View Insider Buying and Selling 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 Algert Global LLC, Signaturefd LLC, Dimensional Fund Advisors LP, Acadian Asset Management LLC, Renaissance Technologies LLC, O Shaughnessy Asset Management LLC, Wells Fargo & Company MN and Vanguard Group Inc. 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 $17.16.

How big of a company is Marine Products?

Marine Products has a market capitalization of $595.79 million and generates $267.32 million in revenue each year. The company earns $19.30 million in net income (profit) each year or $0.60 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:  168 (Vote Outperform)
Underperform Votes:  179 (Vote Underperform)
Total Votes:  347
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 12/18/2018 by MarketBeat.com Staff

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