Marine Products Stock Forecast, Price & News

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. The consensus among Wall Street 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 saw a increase in short interest in August. As of August 31st, there was short interest totaling 339,200 shares, an increase of 49.4% from the August 15th total of 227,000 shares. Based on an average daily trading volume, of 31,700 shares, the days-to-cover ratio is presently 10.7 days. Currently, 4.2% of the company's stock are sold short.
View Marine Products' Short Interest.

Marine Products is scheduled to release its next quarterly earnings announcement on Wednesday, October 27th 2021.
View our earnings forecast for Marine Products.

Marine Products Co. (NYSE:MPX) announced its earnings results on Wednesday, July, 28th. The company reported $0.17 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.23 by $0.06. The firm earned $67.26 million during the quarter. Marine Products had a net margin of 9.60% and a trailing twelve-month return on equity of 31.81%.
View Marine Products' earnings history.

Marine Products' stock was trading at $10.09 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MPX stock has increased by 25.9% and is now trading at $12.70.
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Marine Products declared a quarterly dividend on Thursday, July 29th. Stockholders of record on Tuesday, August 10th will be given a dividend of $0.12 per share on Friday, September 10th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.78%. The ex-dividend date is Monday, August 9th.
View Marine Products' dividend history.

Marine Products pays an annual dividend of $0.48 per share and currently has a dividend yield of 3.82%.
View Marine Products' dividend history.

1 brokerages have issued 12 month target prices for Marine Products' stock. Their forecasts range from $17.00 to $17.00. On average, they expect Marine Products' share price to reach $17.00 in the next year. This suggests a possible upside of 33.9% from the stock's current price.
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Some companies that are related to Marine Products include Hasbro (HAS), Brunswick (BC), Polaris (PII), 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 variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (2.08%), BlackRock Inc. (1.96%), Dimensional Fund Advisors LP (1.85%), Gamco Investors INC. ET AL (1.76%), Geode Capital Management LLC (0.87%) and Gabelli Funds LLC (0.69%).
View institutional ownership trends for Marine Products.

MPX stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Denali Advisors LLC, Gamco Investors INC. ET AL, JPMorgan Chase & Co., Bank of America Corp DE, Northern Trust Corp, New York State Common Retirement Fund, and O Shaughnessy Asset Management LLC.
View insider buying and selling activity for Marine Products or view top insider-selling stocks.

MPX stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., State Street Corp, Citadel Advisors LLC, Geode Capital Management LLC, Vanguard Group Inc., Morgan Stanley, Morgan Stanley, and Nuveen Asset Management LLC.
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 $12.70.

Marine Products has a market capitalization of $431.72 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 [email protected].