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NYSE:MPXMarine Products Stock Price, Forecast & News

$10.55
0.00 (0.00 %)
(As of 05/25/2020 01:36 PM ET)
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Today's Range
$10.14
Now: $10.55
$10.57
50-Day Range
$7.67
MA: $8.98
$11.43
52-Week Range
$6.77
Now: $10.55
$18.43
Volume30,698 shs
Average Volume38,903 shs
Market Capitalization$358.38 million
P/E Ratio14.65
Dividend Yield3.03%
Beta1.11
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: 4.2Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.92 out of 5 stars


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$292.14 million
Cash Flow$0.89 per share
Book Value$2.27 per share

Profitability

Net Income$28.24 million

Miscellaneous

Employees976
Market Cap$358.38 million
Next Earnings Date7/22/2020 (Estimated)
OptionableOptionable

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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 reached pandemic status according to the World Health Organization (WHO). Since then, MPX shares have increased by 4.6% and is now trading at $10.55. 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, July 22nd 2020. View our earnings forecast for Marine Products.

How were Marine Products' earnings last quarter?

Marine Products Corp. (NYSE:MPX) announced its quarterly earnings data on Wednesday, April, 29th. The company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.21 by $0.09. The firm had revenue of $59.12 million for the quarter, compared to analysts' expectations of $85.16 million. Marine Products had a return on equity of 31.68% and a net margin of 9.31%. 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, April 29th. Investors of record on Monday, May 11th will be paid a dividend of $0.08 per share on Wednesday, June 10th. This represents a $0.32 dividend on an annualized basis and a yield of 3.03%. The ex-dividend date of this dividend is Friday, May 8th. View Marine Products' dividend history.

What price target have analysts set for MPX?

1 brokers have issued 12-month price targets for Marine Products' shares. Their forecasts range from $10.00 to $10.00. On average, they expect Marine Products' stock price to reach $10.00 in the next twelve months. This suggests that the stock has a possible downside of 5.2%. View analysts' price targets for Marine Products.

Has Marine Products been receiving favorable news coverage?

Media coverage about MPX stock has been trending somewhat positive this week, according to InfoTrie Sentiment. The research group scores the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Marine Products earned a news sentiment score of 1.5 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutMarine Products.

Are investors shorting Marine Products?

Marine Products saw a decline in short interest in April. As of April 30th, there was short interest totaling 289,400 shares, a decline of 15.9% from the April 15th total of 344,200 shares. Based on an average trading volume of 25,700 shares, the short-interest ratio is currently 11.3 days. Approximately 4.1% of the company's stock are sold short. View Marine Products' Current Options Chain.

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 a variety of institutional and retail investors. Top institutional investors include Teton Advisors Inc. (2.33%), Gamco Investors INC. ET AL (2.30%), BlackRock Inc. (1.62%), Gabelli Funds LLC (0.79%), State Street Corp (0.47%) and Bank of New York Mellon Corp (0.45%). 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 Teton Advisors Inc., Morgan Stanley, Bank of New York Mellon Corp, UBS Group AG, Russell Investments Group Ltd., Gamco Investors INC. ET AL, Gratus Capital LLC, and Gabelli Funds LLC. View insider buying and selling activity for Marine Products.

Which major investors are buying Marine Products stock?

MPX stock was bought by a variety of institutional investors in the last quarter, including WINTON GROUP Ltd, State Street Corp, and Geode Capital Management 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 $10.55.

How big of a company is Marine Products?

Marine Products has a market capitalization of $358.38 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 5/25/2020 by MarketBeat.com Staff

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