Marine Products Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Marine Products in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" Marine Products stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MPX, but not buy additional shares or sell existing shares.
View analyst ratings for Marine Products or view top-rated stocks.

Wall Street analysts have given Marine Products a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Marine Products wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Marine Products is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Marine Products.

Marine Products Co. (NYSE:MPX) posted its earnings results on Wednesday, April, 28th. The company reported $0.24 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.19 by $0.05. The firm earned $78.38 million during the quarter. Marine Products had a trailing twelve-month return on equity of 28.26% and a net margin of 9.01%.
View Marine Products' earnings history.

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 81.0% and is now trading at $18.26.
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Marine Products announced a quarterly dividend on Wednesday, April 28th. Stockholders of record on Monday, May 10th will be given a dividend of $0.12 per share on Thursday, June 10th. This represents a $0.48 dividend on an annualized basis and a yield of 2.63%. The ex-dividend date is Friday, May 7th. This is an increase from Marine Products's previous quarterly dividend of $0.10.
View Marine Products' dividend history.

Marine Products pays an annual dividend of $0.48 per share and currently has a dividend yield of 2.75%.
View Marine Products' dividend history.

1 Wall Street analysts have issued 1-year price targets for Marine Products' shares. Their forecasts range from $17.00 to $17.00. On average, they expect Marine Products' stock price to reach $17.00 in the next twelve months. This suggests that the stock has a possible downside of 6.9%.
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Some companies that are related to Marine Products include Hasbro (HAS), Polaris (PII), Brunswick (BC), Mattel (MAT), Callaway Golf (ELY), Sturm, Ruger & Company, Inc. (RGR), Johnson Outdoors (JOUT) and JAKKS Pacific (JAKK).
View all of MPX's competitors.

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 a number of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (1.84%), Gamco Investors INC. ET AL (1.79%), Teton Advisors Inc. (1.19%), Geode Capital Management LLC (0.83%), Gabelli Funds LLC (0.68%) and Morgan Stanley (0.59%).
View institutional ownership trends for Marine Products.

MPX stock was sold by a variety of institutional investors in the last quarter, including Gamco Investors INC. ET AL, Dimensional Fund Advisors LP, Teton Advisors Inc., Northern Trust Corp, Gabelli Funds LLC, Acadian Asset Management LLC, O Shaughnessy Asset Management LLC, and Russell Investments Group Ltd..
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MPX stock was purchased by a variety of institutional investors in the last quarter, including Morgan Stanley, Geode Capital Management LLC, Group One Trading L.P., Harvest Investment Services LLC, Millennium Management LLC, Barclays PLC, Los Angeles Capital Management LLC, and Bank of New York Mellon Corp.
View insider buying and selling activity for Marine Products or or view top insider-buying stocks.

Shares of MPX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of MPX stock can currently be purchased for approximately $18.26.

Marine Products has a market capitalization of $620.73 million and generates $239.82 million in revenue each year.

Marine Products employs 823 workers across the globe.

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

Marine Products is headquartered at 2801 BUFORD HIGHWAY NE SUITE 300, ATLANTA GA, 30329.

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 jlander[email protected]