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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Ship & boat building & repairing
Sub-IndustryLeisure Products
SectorConsumer Discretionary
SymbolNYSE:MPX
CUSIP56842710
Phone404-321-7910
Debt
Debt-to-Equity RatioN/A
Current Ratio2.36
Quick Ratio0.82
Price-To-Earnings
Trailing P/E Ratio32.72
Forward P/E Ratio25.27
P/E GrowthN/A
Sales & Book Value
Annual Sales$267.32 million
Price / Sales2.55
Cash Flow$0.6711 per share
Price / Cash29.37
Book Value$2.00 per share
Price / Book9.86
Profitability
EPS (Most Recent Fiscal Year)$0.60
Net Income$19.30 million
Net Margins7.91%
Return on Equity32.78%
Return on Assets22.97%
Miscellaneous
Employees891
Outstanding Shares34,570,000
Market Cap$669.54
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 announced a quarterly dividend on Wednesday, April 25th. Stockholders of record on Thursday, May 10th will be given a dividend of $0.10 per share on Monday, June 11th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.03%. The ex-dividend date is Wednesday, May 9th. View Marine Products' Dividend History.
How were Marine Products' earnings last quarter?
Marine Products Corp. (NYSE:MPX) posted its earnings results on Wednesday, April, 25th. The company reported $0.22 EPS for the quarter, beating the Zacks' consensus estimate of $0.17 by $0.05. The firm had revenue of $77.54 million for the quarter, compared to analysts' expectations of $77.29 million. Marine Products had a return on equity of 32.78% and a net margin of 7.91%. View Marine Products' Earnings History.
When is Marine Products' next earnings date?
What price target have analysts set for MPX?
2 brokerages have issued 12-month target prices for Marine Products' shares. Their predictions range from $14.50 to $14.50. On average, they expect Marine Products' stock price to reach $14.50 in the next twelve months. This suggests that the stock has a possible downside of 26.4%. View Analyst Ratings 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."
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
Has Marine Products been receiving favorable news coverage?
News coverage about MPX stock has trended somewhat positive on Saturday, Accern reports. The research group rates the sentiment of news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Marine Products earned a news impact score of 0.15 on Accern's scale. They also assigned media headlines about the company an impact score of 46.04 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term.
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 $19.71.
How big of a company is Marine Products?
Marine Products has a market capitalization of $669.54 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.
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)
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.
