Marine Products Stock Forecast, Price & News

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 71.6% and is now trading at $17.31.
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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.

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

Marine Products will be holding an earnings conference call on Wednesday, October 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Marine Products Co. (NYSE:MPX) issued its earnings results on Wednesday, July, 29th. The company reported $0.05 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.03 by $0.02. The business earned $40.82 million during 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.

Marine Products announced a quarterly dividend on Wednesday, July 29th. Investors of record on Monday, August 10th will be given a dividend of $0.08 per share on Thursday, September 10th. This represents a $0.32 annualized dividend and a yield of 1.85%. The ex-dividend date is Friday, August 7th.
View Marine Products' dividend history.

1 equities research analysts have issued 1 year price targets for Marine Products' shares. Their forecasts range from $17.00 to $17.00. On average, they anticipate Marine Products' share price to reach $17.00 in the next twelve months. This suggests that the stock has a possible downside of 1.8%.
View analysts' price targets for Marine Products.

Marine Products saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 354,600 shares, an increase of 15.4% from the August 31st total of 307,300 shares. Based on an average daily trading volume, of 87,600 shares, the short-interest ratio is presently 4.0 days. Approximately 3.6% of the company's stock are sold short.
View Marine Products' Short Interest.

Some companies that are related to Marine Products include Hasbro (HAS), Polaris Industries (PII), Brunswick (BC), Mattel (MAT), Callaway Golf (ELY), Sturm, Ruger & Company, Inc. (RGR), Johnson Outdoors (JOUT) and JAKKS Pacific (JAKK).
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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).

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

Marine Products' stock is owned by many different institutional and retail investors. Top institutional investors include Denali Advisors LLC (0.15%) and Aptus Capital Advisors LLC (0.05%).
View institutional ownership trends for Marine Products.

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

MPX stock was bought by a variety of institutional investors in the last quarter, including Aptus Capital Advisors LLC.
View insider buying and selling activity for 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.

One share of MPX stock can currently be purchased for approximately $17.31.

Marine Products has a market capitalization of $588.00 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 673 workers across the globe.

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

Marine Products' mailing address is 2801 BUFORD HIGHWAY NE SUITE 300, ATLANTA GA, 30329. The company can be reached via phone at 404-321-7910 or via email at [email protected]