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 Ratio2.33
Quick Ratio0.85
Price-To-Earnings
Trailing P/E Ratio30.90
Forward P/E Ratio22.61
P/E GrowthN/A
Sales & Book Value
Annual Sales$267.32 million
Price / Sales2.40
Cash Flow$0.6429 per share
Price / Cash28.84
Book Value$2.00 per share
Price / Book9.27
Profitability
EPS (Most Recent Fiscal Year)$0.60
Net Income$19.30 million
Net Margins8.47%
Return on Equity36.05%
Return on Assets25.03%
Miscellaneous
Employees891
Outstanding Shares34,550,000
Market Cap$657.10 million
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, July 25th. Investors of record on Friday, August 10th will be paid a dividend of $0.10 per share on Monday, September 10th. This represents a $0.40 dividend on an annualized basis and a yield of 2.16%. The ex-dividend date of this dividend is Thursday, August 9th. View Marine Products' Dividend History.
How were Marine Products' earnings last quarter?
Marine Products Corp. (NYSE:MPX) issued its quarterly earnings data on Wednesday, July, 25th. The company reported $0.26 EPS for the quarter, topping the consensus estimate of $0.21 by $0.05. The business had revenue of $87.01 million for the quarter, compared to the consensus estimate of $75.81 million. Marine Products had a return on equity of 36.05% and a net margin of 8.47%. View Marine Products' Earnings History.
When is Marine Products' next earnings date?
What price target have analysts set for MPX?
2 analysts have issued 1-year price objectives for Marine Products' stock. Their predictions range from $14.50 to $14.50. On average, they expect Marine Products' share price to reach $14.50 in the next year. This suggests that the stock has a possible downside of 21.8%. 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.
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 headlines about MPX stock have been trending somewhat negative recently, according to Accern Sentiment. The research firm identifies negative and positive press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Marine Products earned a coverage optimism score of -0.03 on Accern's scale. They also gave news articles about the company an impact score of 47.98 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term. View Recent Headlines for Marine Products.
Who are Marine Products' major shareholders?
Marine Products' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Gamco Investors INC. ET AL (2.98%), Dimensional Fund Advisors LP (1.82%), BlackRock Inc. (1.58%), Renaissance Technologies LLC (0.68%), Acadian Asset Management LLC (0.03%) and Macquarie Group Ltd. (0.02%). 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. Company insiders that have sold Marine Products company stock in the last year include Ben M Palmer and Naser Bin Butti Almheiri. 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 BlackRock Inc., Renaissance Technologies LLC, Acadian Asset Management LLC, Dimensional Fund Advisors LP and Macquarie Group Ltd.. 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 $18.54.
How big of a company is Marine Products?
Marine Products has a market capitalization of $657.10 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]tscorp.com.
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.
