About Marine Products (NYSE:MPX)
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
Industry Ship & boat building & repairing
Sub-IndustryLeisure Products
SectorConsumer Discretionary
SymbolNYSE:MPX
CUSIP56842710
Phone404-321-7910
Debt
Debt-to-Equity RatioN/A
Current Ratio2.80%
Quick Ratio0.84%
Price-To-Earnings
Trailing P/E Ratio25.85
Forward P/E Ratio19.59
P/E GrowthN/A
Sales & Book Value
Annual Sales$267.32 million
Price / Sales1.88
Cash Flow$0.6798 per share
Price / Cash21.33
Book Value$2.00 per share
Price / Book7.25
Profitability
EPS (Most Recent Fiscal Year)$0.60
Net Income$19.30 million
Net Margins7.22%
Return on Equity29.88%
Return on Assets21.11%
Miscellaneous
Employees891
Outstanding Shares34,630,000
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 Thursday, January 25th. Stockholders of record on Friday, February 9th will be paid a dividend of $0.10 per share on Friday, March 9th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.76%. The ex-dividend date of this dividend is Thursday, February 8th. This is a boost from Marine Products's previous quarterly dividend of $0.07. View Marine Products' Dividend History.
How were Marine Products' earnings last quarter?
Marine Products Co. (NYSE:MPX) released its quarterly earnings data on Wednesday, April, 25th. The company reported $0.22 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.17 by $0.05. Marine Products had a net margin of 7.22% and a return on equity of 29.88%. View Marine Products' Earnings History.
When is Marine Products' next earnings date?
What price target have analysts set for MPX?
2 brokerages have issued 1-year price objectives for Marine Products' shares. Their forecasts range from $13.00 to $13.00. On average, they expect Marine Products' share price to reach $13.00 in the next twelve months. 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
- Mr. Ben M. Palmer, VP, CFO, Treasurer & Corp. Sec.
- Mr. James C. Landers, VP of Corp. Fin.
- Sharon A. Lennon, Mang. of Investor Relations & Corp. Communications
Has Marine Products been receiving favorable news coverage?
News stories about MPX stock have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern scores the sentiment of press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Marine Products earned a media sentiment score of 0.18 on Accern's scale. They also gave news headlines about the company an impact score of 46.03 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.
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 $14.50.
How big of a company is Marine Products?
Marine Products has a market capitalization of $487.26 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 (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.
Marine Products (NYSE:MPX) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
2 Wall Street analysts have issued ratings and price targets for Marine Products in the last 12 months. Their average twelve-month price target is $13.00, suggesting that the stock has a possible downside of 10.34%. The high price target for MPX is $13.00 and the low price target for MPX is $13.00. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Hold | Hold |
| Consensus Rating Score: | 2.50 | 2.50 | 2.00 | 2.00 |
| Ratings Breakdown: | 0 Sell Rating(s)
1 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
2 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
2 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $13.00 | $13.00 | $13.00 | $13.00 |
| Price Target Upside: | 10.34% downside | 16.02% downside | 11.50% downside | 11.50% downside |
Marine Products (NYSE:MPX) Consensus Price Target History
Marine Products (NYSE:MPX) Analyst Ratings History
Show:
| Date | Brokerage | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 4/23/2018 | B. Riley | Reiterated Rating | Neutral | | High |  |
| 1/29/2018 | Ifs Securities | Upgrade | Market Perform -> Outperform | | High | |
(Data available from 4/25/2016 forward)
Marine Products (NYSE:MPX) Dividend Information
Marine Products pays an annual dividend of $0.40 per share, with a dividend yield of 2.76%. MPX's most recent quarterly dividend payment was Friday, March 9. The company has grown its dividend for the last 3 consecutive years and is increasing its dividend by an average of 32.60% each year. Marine Products pays out 66.67% of its earnings out as a dividend.
| Most Recent Dividend: | 3/9/2018 |
| Annual Dividend: | $0.40 |
| Dividend Yield: | 2.76% |
| Dividend Growth: | 32.60% (3 Year Average) |
| Payout Ratio: | 66.67% (Trailing 12 Months of Earnings)
54.05% (Based on This Year's Estimates)
50.63% (Based on Next Year's Estimates)
|
| Track Record: | 3 Years of Consecutive Dividend Growth |
| Frequency: | Quarterly Dividend |
Marine Products (NYSE:MPX) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 1/25/2018 | quarterly | $0.10 | 2.55% | 2/8/2018 | 2/9/2018 | 3/9/2018 |
| 10/26/2017 | quarterly | $0.07 | 1.95% | 11/9/2017 | 11/10/2017 | 12/11/2017 |
| 7/26/2017 | quarterly | $0.07 | 1.93% | 8/8/2017 | 8/10/2017 | 9/11/2017 |
| 4/26/2017 | quarterly | $0.07 | 2.27% | 5/8/2017 | 5/10/2017 | 6/9/2017 |
| 1/25/2017 | quarterly | $0.07 | 2.32% | 2/8/2017 | 2/10/2017 | 3/10/2017 |
| 10/26/2016 | quarterly | $0.06 | 2.6% | 11/8/2016 | 11/10/2016 | 12/9/2016 |
| 7/27/2016 | quarterly | $0.06 | 2.72% | 8/8/2016 | 8/10/2016 | 9/9/2016 |
| 4/27/2016 | quarterly | $0.06 | 2.8% | 5/6/2016 | 5/10/2016 | 6/10/2016 |
| 1/28/2016 | quarterly | $0.06 | 2.41% | 2/8/2016 | 2/10/2016 | 3/10/2016 |
| 10/29/2015 | quarterly | $0.04 | 2.27% | 11/6/2015 | 11/10/2015 | 12/10/2015 |
| 7/30/2015 | quarterly | $0.04 | 2.6% | 8/6/2015 | 8/10/2015 | 9/10/2015 |
| 4/30/2015 | quarterly | $0.04 | 2.25% | 5/7/2015 | 5/11/2015 | 6/10/2015 |
| 1/28/2015 | | $0.04 | | 2/6/2015 | 2/10/2015 | 3/10/2015 |
| 10/29/2014 | quarterly | $0.03 | | 11/6/2014 | 11/10/2014 | 12/10/2014 |
| 7/23/2014 | quarterly | $0.03 | 1.34% | 8/6/2014 | 8/8/2014 | 9/10/2014 |
| 4/23/2014 | quarterly | $0.03 | 1.58% | 5/7/2014 | 5/9/2014 | 6/10/2014 |
| 1/29/2014 | quarterly | $0.03 | 1.5% | 2/6/2014 | 2/10/2014 | 3/10/2014 |
| 10/23/2013 | special | $0.03 | 1.35% | 11/6/2013 | 11/8/2013 | 12/10/2013 |
| 10/23/2013 | quarterly | $0.03 | 1.35% | 11/6/2013 | 11/8/2013 | 12/10/2013 |
| 7/24/2013 | quarterly | $0.03 | | | 8/9/2013 | 9/10/2013 |
| 4/24/2013 | quarterly | $0.03 | 1.68% | 5/8/2013 | 5/10/2013 | 6/10/2013 |
| 1/23/2013 | quarterly | $0.03 | 1.88% | 2/6/2013 | 2/8/2013 | 3/8/2013 |
(Data available from 1/1/2013 forward)
Marine Products (NYSE MPX) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 78.50%
Institutional Ownership Percentage: 14.53%
Marine Products (NYSE MPX) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 11/21/2017 | Naser Bin Butti Almheiri | Insider | Sell | 538,000 | $0.00 | $0.00 | | |
| 11/17/2017 | Naser Bin Butti Almheiri | Insider | Sell | 196,000 | $0.00 | $0.00 | | |
| 11/15/2017 | Naser Bin Butti Almheiri | Insider | Sell | 68,000 | $0.00 | $0.00 | | |
| 8/25/2017 | Pam R Rollins | Director | Buy | 3,930 | $15.14 | $59,500.20 | 10,000 | |
| 8/24/2017 | Pam R Rollins | Director | Buy | 6,070 | $14.90 | $90,443.00 | 1,104 | |
| 6/12/2017 | Ben M Palmer | CFO | Sell | 5,000 | $14.35 | $71,750.00 | 365,073 | |
| 6/9/2017 | Ben M Palmer | CFO | Sell | 13,500 | $14.05 | $189,675.00 | 378,573 | |
| 6/2/2017 | Ben M Palmer | CFO | Sell | 2,500 | $14.27 | $35,675.00 | 383,573 | |
| 5/17/2017 | Timothy Curtis Rollins | Director | Buy | 5,000 | $12.67 | $63,350.00 | 2,091 | |
| 11/7/2014 | Larry L Prince | Director | Buy | 3,000 | $8.03 | $24,090.00 | | |
| 6/17/2014 | James A Lane Jr | EVP | Sell | 100,000 | $7.75 | $775,000.00 | | |
(Data available from 1/1/2013 forward)
Marine Products (NYSE MPX) News Headlines
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Marine Products (NYSE:MPX) SEC Filings
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Marine Products (NYSE:MPX) Income Statement, Balance Sheet and Cash Flow Statement
Marine Products (NYSE MPX) Stock Chart for Wednesday, April, 25, 2018
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