Marine Products Corporation Company Profile (NYSE:MPX)

About Marine Products Corporation (NYSE:MPX)

Marine Products Corporation logoMarine Products Corporation manufactures fiberglass motorized boats distributed and marketed through its independent dealer network. The Company designs, manufactures and sells recreational fiberglass powerboats in the sportboat, deckboat, cruiser, jet boat and sport fishing markets. The Company's product offerings include Chaparral sterndrive, outboard and jet pleasure boats, and Robalo outboard sport fishing boats. The Company's product line includes Chaparral-Vortex Jet Boat; Chaparral-H2O Sport Series; Chaparral-SunCoast Outboard Deck Boat; Chaparral-SSi Wide Tech; Chaparral-SSX Sport Boat; Chaparral-Sunesta Sport Deck; Chaparral-Signature Cruiser; Robalo-Center Console; Robalo-Cayman Bay Boat, and Robalo-Dual Console Robalo-Walkaround. Its manufacturing facilities are located in Nashville and Valdosta in Georgia. The Chaparral - Vortex Jet Boats are fiberglass sterndrive pleasure boats marketed as jet-powered boats with traditional bowrider styling.

Industry, Sector and Symbol:
  • Sector: Consumer Discretionary
  • Industry: Sailing Yachts & Motorboats
  • Sub-Industry: Leisure Products
  • Symbol: NYSE:MPX
  • CUSIP: 56842710
  • Web: www.marineproductscorp.com
Capitalization:
  • Market Cap: $545.22 million
  • Outstanding Shares: 34,882,000
Average Prices:
  • 50 Day Moving Avg: $14.93
  • 200 Day Moving Avg: $13.43
  • 52 Week Range: $8.76 - $16.25
P/E:
  • Trailing P/E Ratio: 29.01
  • Foreward P/E Ratio: 19.40
  • P/E Growth: 2.34
Sales & Book Value:
  • Annual Revenue: $255.12 million
  • Price / Sales: 2.12
  • Book Value: $2.04 per share
  • Price / Book: 7.61
Dividend:
  • Annual Dividend: $0.28
  • Dividend Yield: 1.8%
Profitability:
  • EBIDTA: $27.86 million
  • Net Margins: 7.60%
  • Return on Equity: 25.69%
  • Return on Assets: 18.79%
Debt:
  • Current Ratio: 2.35%
  • Quick Ratio: 0.68%
Misc:
  • Average Volume: 41,498 shs.
  • Beta: 0.32
  • Short Ratio: 5.35
 

Frequently Asked Questions for Marine Products Corporation (NYSE:MPX)

What is Marine Products Corporation's stock symbol?

Marine Products Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "MPX."

How often does Marine Products Corporation pay dividends? What is the dividend yield for Marine Products Corporation?

Marine Products Corporation declared a quarterly dividend on Wednesday, July 26th. Stockholders of record on Thursday, August 10th will be paid a dividend of $0.07 per share on Monday, September 11th. This represents a $0.28 annualized dividend and a dividend yield of 1.80%. The ex-dividend date of this dividend is Tuesday, August 8th. View Marine Products Corporation's Dividend History.

How were Marine Products Corporation's earnings last quarter?

Marine Products Corporation (NYSE:MPX) posted its quarterly earnings data on Wednesday, July, 26th. The company reported $0.18 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.15 by $0.03. The firm had revenue of $71.48 million for the quarter, compared to the consensus estimate of $73.33 million. Marine Products Corporation had a net margin of 7.60% and a return on equity of 25.69%. View Marine Products Corporation's Earnings History.

When will Marine Products Corporation make its next earnings announcement?

Marine Products Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, October, 25th 2017. View Earnings Estimates for Marine Products Corporation.

Where is Marine Products Corporation's stock going? Where will Marine Products Corporation's stock price be in 2017?

2 analysts have issued 1 year price objectives for Marine Products Corporation's shares. Their forecasts range from $12.00 to $12.00. On average, they anticipate Marine Products Corporation's stock price to reach $12.00 in the next twelve months. View Analyst Ratings for Marine Products Corporation.

Who are some of Marine Products Corporation's key competitors?

Who are Marine Products Corporation's key executives?

Marine Products Corporation's management team includes the folowing people:

  • R. Randall Rollins, Chairman of the Board
  • Richard A. Hubbell, President, Chief Executive Officer, Director
  • Benjamin M. Palmer, Chief Financial Officer, Vice President, Treasurer
  • Gary W. Rollins, Director
  • Pamela R. Rollins, Director
  • Timothy Curtis Rollins, Director
  • Bill J. Dismuke, Independent Director
  • Larry L. Prince, Independent Director

Who owns Marine Products Corporation stock?

Marine Products Corporation's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Gamco Investors INC. ET AL (3.12%), Teton Advisors Inc. (2.32%), Dimensional Fund Advisors LP (1.63%), Vanguard Group Inc. (1.13%), Bank of New York Mellon Corp (0.55%) and State Street Corp (0.43%). Company insiders that own Marine Products Corporation stock include Ben M Palmer, Pam R Rollins and Timothy Curtis Rollins. View Institutional Ownership Trends for Marine Products Corporation.

Who sold Marine Products Corporation stock? Who is selling Marine Products Corporation stock?

Marine Products Corporation's stock was sold by a variety of institutional investors in the last quarter, including Synovus Financial Corp, Northern Trust Corp, California State Teachers Retirement System, TIAA CREF Investment Management LLC, Wedge Capital Management L L P NC, Rhumbline Advisers, Gamco Investors INC. ET AL and Teachers Advisors LLC. View Insider Buying and Selling for Marine Products Corporation.

Who bought Marine Products Corporation stock? Who is buying Marine Products Corporation stock?

Marine Products Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Seizert Capital Partners LLC, Zacks Investment Management, Americafirst Capital Management LLC, Chicago Equity Partners LLC, Dimensional Fund Advisors LP, State Street Corp, Hillsdale Investment Management Inc. and Goldman Sachs Group Inc.. Company insiders that have bought Marine Products Corporation stock in the last two years include Pam R Rollins and Timothy Curtis Rollins. View Insider Buying and Selling for Marine Products Corporation.

How do I buy Marine Products Corporation stock?

Shares of Marine Products Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Marine Products Corporation's stock price today?

One share of Marine Products Corporation stock can currently be purchased for approximately $15.52.


MarketBeat Community Rating for Marine Products Corporation (NYSE MPX)
Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  57 (Vote Outperform)
Underperform Votes:  97 (Vote Underperform)
Total Votes:  154
MarketBeat's community ratings are surveys of what our community members think about Marine Products Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Marine Products Corporation (NYSE:MPX) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $12.00 (22.68% downside)

Analysts' Ratings History for Marine Products Corporation (NYSE:MPX)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/7/2017Ifs SecuritiesReiterated RatingMarket PerformLowView Rating Details
8/7/2017B. RileyReiterated RatingNeutral$12.00MediumView Rating Details
(Data available from 9/20/2015 forward)

Earnings

Earnings History for Marine Products Corporation (NYSE:MPX)
Earnings by Quarter for Marine Products Corporation (NYSE:MPX)
Earnings History by Quarter for Marine Products Corporation (NYSE MPX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/24/2017$0.16N/AView Earnings Details
7/26/2017Q2 2017$0.15$0.18$73.33 million$71.48 millionViewN/AView Earnings Details
4/28/2017Q1 2017$0.13$0.15$65.00 million$71.04 millionViewN/AView Earnings Details
1/25/2017Q416$0.16$0.10$68.83 million$57.20 millionViewN/AView Earnings Details
10/26/2016Q316$0.11$0.11$57.38 million$55.40 millionViewListenView Earnings Details
7/27/2016Q216$0.14$0.13$62.09 million$65.00 millionViewListenView Earnings Details
4/27/2016Q116$0.10$0.10$53.69 million$63.67 millionViewListenView Earnings Details
1/27/2016Q415$0.09$0.10$44.35 million$49.90 millionViewListenView Earnings Details
10/28/2015Q315$0.07$0.08$44.96 million$47.04 millionViewListenView Earnings Details
7/29/2015Q215$0.10$0.12$54.62 million$59.50 millionViewListenView Earnings Details
4/29/2015Q115$0.07$0.08$55.63 million$50.64 millionViewN/AView Earnings Details
1/28/2015Q414$0.06$0.05$42.00 million$37.44 millionViewN/AView Earnings Details
10/29/2014Q314$0.08$0.05$47.33 million$37.90 millionViewN/AView Earnings Details
7/23/2014Q214$0.06$0.08$39.60 million$47.98 millionViewN/AView Earnings Details
4/23/2014Q413$0.07$0.05$50.81 million$47.70 millionViewN/AView Earnings Details
1/29/2014Q4$0.04$0.06ViewN/AView Earnings Details
10/23/2013Q313$0.06$0.05$38.49 million$41.99 millionViewN/AView Earnings Details
7/24/2013Q2 2013$0.06$0.05$38.45 million$42.24 millionViewN/AView Earnings Details
4/24/2013Q1 2013$0.04$0.04$37.85 million$44.28 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Marine Products Corporation (NYSE:MPX)
2017 EPS Consensus Estimate: $0.59
2018 EPS Consensus Estimate: $0.80
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.13$0.13$0.13
Q2 20171$0.15$0.15$0.15
Q3 20171$0.15$0.15$0.15
Q4 20171$0.16$0.16$0.16
Q1 20181$0.17$0.17$0.17
Q2 20181$0.20$0.20$0.20
Q3 20181$0.22$0.22$0.22
Q4 20181$0.21$0.21$0.21
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Marine Products Corporation (NYSE:MPX)
Most Recent Dividend:9/11/2017
Annual Dividend:$0.28
Dividend Yield:1.80%
Dividend Growth:26.00% (3 Year Average)
Payout Ratio:51.85% (Trailing 12 Months of Earnings)
44.44% (Based on This Year's Estimates)
35.00% (Based on Next Year's Estimates)
Track Record:2 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Marine Products Corporation (NYSE:MPX)

Dividend History by Quarter for Marine Products Corporation (NYSE MPX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/26/2017quarterly$0.071.93%8/8/20178/10/20179/11/2017
4/26/2017quarterly$0.072.27%5/8/20175/10/20176/9/2017
1/25/2017quarterly$0.072.32%2/8/20172/10/20173/10/2017
10/26/2016quarterly$0.062.6%11/8/201611/10/201612/9/2016
7/27/2016quarterly$0.062.72%8/8/20168/10/20169/9/2016
4/27/2016quarterly$0.062.8%5/6/20165/10/20166/10/2016
1/28/2016quarterly$0.062.41%2/8/20162/10/20163/10/2016
10/29/2015quarterly$0.042.27%11/6/201511/10/201512/10/2015
7/30/2015quarterly$0.042.6%8/6/20158/10/20159/10/2015
4/30/2015quarterly$0.042.25%5/7/20155/11/20156/10/2015
1/28/2015$0.042/6/20152/10/20153/10/2015
10/29/2014quarterly$0.0311/6/201411/10/201412/10/2014
7/23/2014quarterly$0.031.34%8/6/20148/8/20149/10/2014
4/23/2014quarterly$0.031.58%5/7/20145/9/20146/10/2014
1/29/2014quarterly$0.031.5%2/6/20142/10/20143/10/2014
10/23/2013special$0.031.35%11/6/201311/8/201312/10/2013
10/23/2013quarterly$0.031.35%11/6/201311/8/201312/10/2013
7/24/2013quarterly$0.038/9/20139/10/2013
4/24/2013quarterly$0.031.68%5/8/20135/10/20136/10/2013
1/23/2013quarterly$0.031.88%2/6/20132/8/20133/8/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Marine Products Corporation (NYSE:MPX)
Insider Ownership Percentage: 77.90%
Institutional Ownership Percentage: 15.26%
Insider Trades by Quarter for Marine Products Corporation (NYSE:MPX)
Institutional Ownership by Quarter for Marine Products Corporation (NYSE:MPX)
Insider Trades by Quarter for Marine Products Corporation (NYSE:MPX)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/25/2017Pam R RollinsDirectorBuy3,930$15.14$59,500.20View SEC Filing  
8/24/2017Pam R RollinsDirectorBuy6,070$14.90$90,443.00View SEC Filing  
6/12/2017Ben M PalmerCFOSell5,000$14.35$71,750.00View SEC Filing  
6/9/2017Ben M PalmerCFOSell13,500$14.05$189,675.00View SEC Filing  
6/2/2017Ben M PalmerCFOSell2,500$14.27$35,675.00View SEC Filing  
5/17/2017Timothy Curtis RollinsDirectorBuy5,000$12.67$63,350.00View SEC Filing  
11/7/2014Larry L PrinceDirectorBuy3,000$8.03$24,090.00View SEC Filing  
6/17/2014James A Lane JrEVPSell100,000$7.75$775,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Marine Products Corporation (NYSE:MPX)
Latest Headlines for Marine Products Corporation (NYSE:MPX)
Source:
DateHeadline
finance.yahoo.com logoMarine Products Corp. – Value Analysis (NYSE:MPX) : September 20, 2017
finance.yahoo.com - September 20 at 6:28 AM
finance.yahoo.com logoMarine Products Corp. breached its 50 day moving average in a Bullish Manner : MPX-US : September 18, 2017
finance.yahoo.com - September 18 at 11:24 PM
americanbankingnews.com logoMarine Products Corporation (MPX) Research Coverage Started at Ifs Securities
www.americanbankingnews.com - September 10 at 6:58 AM
americanbankingnews.com logoInsider Buying: Marine Products Corporation (MPX) Director Purchases 3,930 Shares of Stock
www.americanbankingnews.com - August 28 at 1:22 PM
americanbankingnews.com logoMarine Products Corporation (MPX) Director Pam R. Rollins Acquires 6,070 Shares
www.americanbankingnews.com - August 25 at 10:24 AM
finance.yahoo.com logoMarine Products Corp. breached its 50 day moving average in a Bullish Manner : MPX-US : August 22, 2017
finance.yahoo.com - August 23 at 8:49 AM
finance.yahoo.com logoMarine Products Corp. breached its 50 day moving average in a Bearish Manner : MPX-US : August 11, 2017
finance.yahoo.com - August 12 at 5:50 AM
americanbankingnews.com logoMarine Products Corporation's (MPX) "Neutral" Rating Reaffirmed at B. Riley
www.americanbankingnews.com - August 7 at 11:46 AM
finance.yahoo.com logoMarine Products Corp. :MPX-US: Earnings Analysis: Q2, 2017 By the Numbers : August 2, 2017
finance.yahoo.com - August 3 at 5:47 AM
seekingalpha.com logoMarine Products' (MPX) CEO Rick Hubbell on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - July 28 at 5:29 AM
finance.yahoo.com logoMarine Products Corp. breached its 50 day moving average in a Bearish Manner : MPX-US : July 27, 2017
finance.yahoo.com - July 28 at 5:29 AM
americanbankingnews.com logoMarine Products Corporation (NYSE:MPX) Issues Earnings Results
www.americanbankingnews.com - July 27 at 3:45 PM
finance.yahoo.com logoInvestor Network: Marine Products Corporation to Host Earnings Call
finance.yahoo.com - July 27 at 4:29 AM
finance.yahoo.com logoMarine Products Corporation Reports Second Quarter 2017 Financial Results
finance.yahoo.com - July 27 at 4:29 AM
finance.yahoo.com logoEdited Transcript of MPX earnings conference call or presentation 26-Jul-17 12:00pm GMT
finance.yahoo.com - July 27 at 4:29 AM
finance.yahoo.com logoMarine Products posts 2Q profit
finance.yahoo.com - July 27 at 4:29 AM
americanbankingnews.com logoMarine Products Corporation to Issue Quarterly Dividend of $0.07 (MPX)
www.americanbankingnews.com - July 26 at 3:45 PM
finance.yahoo.com logoPamela R. Rollins Appointed to the Marine Products Corporation Board of Directors
finance.yahoo.com - July 26 at 12:57 AM
americanbankingnews.com logoMarine Products Corporation (NYSE:MPX) Downgraded by BidaskClub
www.americanbankingnews.com - July 19 at 8:34 PM
americanbankingnews.com logoHead to Head Comparison: Malibu Boats (MBUU) vs. Marine Products Corporation (NYSE:MPX)
www.americanbankingnews.com - July 7 at 2:10 PM
americanbankingnews.com logo Marine Products Corporation (NYSE:MPX) Given $11.50 Consensus Target Price by Brokerages
www.americanbankingnews.com - July 7 at 10:51 AM
finance.yahoo.com logoMarine Products Corporation Announces Date for Second Quarter 2017 Financial Results and Conference Call
finance.yahoo.com - July 7 at 7:33 AM
americanbankingnews.com logoReviewing Marine Products Corporation (MPX) & Malibu Boats (MBUU)
www.americanbankingnews.com - July 5 at 12:34 PM
finance.yahoo.com logoMarine Products Corporation Announces Second Quarter 2017 Share Repurchases
finance.yahoo.com - July 3 at 9:30 PM
americanbankingnews.com logoMarine Products Corporation (MPX) & Malibu Boats (MBUU) Critical Survey
www.americanbankingnews.com - July 3 at 8:19 AM
americanbankingnews.com logoMarine Products Corporation (MPX) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - July 2 at 7:28 AM
americanbankingnews.com logoComparing Marine Products Corporation (NYSE:MPX) & Malibu Boats (MBUU)
www.americanbankingnews.com - July 1 at 7:42 AM
finance.yahoo.com logoWhat you need to know about Modi's India?
finance.yahoo.com - June 29 at 5:02 AM
americanbankingnews.com logoHead-To-Head Survey: Malibu Boats (MBUU) vs. Marine Products Corporation (MPX)
www.americanbankingnews.com - June 26 at 8:12 PM
americanbankingnews.com logoAnalyzing Malibu Boats (MBUU) & Marine Products Corporation (MPX)
www.americanbankingnews.com - June 25 at 7:36 AM
americanbankingnews.com logoAnalyzing Marine Products Corporation (MPX) and Malibu Boats (MBUU)
www.americanbankingnews.com - June 24 at 12:14 PM
americanbankingnews.com logoCritical Survey: Malibu Boats (MBUU) and Marine Products Corp. (MPX)
www.americanbankingnews.com - June 19 at 10:30 PM
americanbankingnews.com logoComparing Marine Products Corporation (MPX) & Fox Factory Holding Corp. (FOXF)
www.americanbankingnews.com - June 14 at 8:20 PM
americanbankingnews.com logoInsider Selling: Marine Products Corporation (MPX) CFO Sells 5,000 Shares of Stock
www.americanbankingnews.com - June 14 at 4:28 PM
americanbankingnews.com logoMarine Products Corporation (MPX) CFO Ben M. Palmer Sells 13,500 Shares
www.americanbankingnews.com - June 12 at 7:34 PM
americanbankingnews.com logoBen M. Palmer Sells 2,500 Shares of Marine Products Corp. (MPX) Stock
www.americanbankingnews.com - June 6 at 8:41 PM
finance.yahoo.com logoETFs with exposure to Marine Products Corp. : May 26, 2017
finance.yahoo.com - May 26 at 7:28 PM
finance.yahoo.com logoHow Marine Products (MPX) Stock Stands Out in a Strong Industry
finance.yahoo.com - May 19 at 11:15 AM
americanbankingnews.com logoTimothy Curtis Rollins Purchases 5,000 Shares of Marine Products Corp. (MPX) Stock
www.americanbankingnews.com - May 18 at 1:15 PM
finance.yahoo.com logoETFs with exposure to Marine Products Corp. : May 11, 2017
finance.yahoo.com - May 11 at 7:08 PM
americanbankingnews.com logoPositive Press Coverage Somewhat Unlikely to Affect Marine Products Corp. (MPX) Stock Price
www.americanbankingnews.com - May 3 at 4:18 PM
finance.yahoo.com logoMarine Products Corp. :MPX-US: Earnings Analysis: Q1, 2017 By the Numbers : May 2, 2017
finance.yahoo.com - May 3 at 10:15 AM
americanbankingnews.com logoQ2 2017 EPS Estimates for Marine Products Corp. Increased by B. Riley (MPX)
www.americanbankingnews.com - May 1 at 7:55 AM
americanbankingnews.com logoMarine Products Corp.'s (MPX) "Neutral" Rating Reiterated at B. Riley
www.americanbankingnews.com - April 30 at 7:37 AM
americanbankingnews.com logoSomewhat Favorable Media Coverage Likely to Impact Marine Products Corp. (MPX) Stock Price
www.americanbankingnews.com - April 27 at 11:52 PM
americanbankingnews.com logoMarine Products Corp. (MPX) Releases Earnings Results, Beats Estimates By $0.02 EPS
www.americanbankingnews.com - April 27 at 5:38 PM
finance.yahoo.com logoEdited Transcript of MPX earnings conference call or presentation 26-Apr-17 12:00pm GMT
finance.yahoo.com - April 27 at 9:45 AM
americanbankingnews.com logoMarine Products Corp. to Issue Quarterly Dividend of $0.07 (MPX)
www.americanbankingnews.com - April 26 at 6:40 PM
seekingalpha.com logoMarine Products' (MPX) CEO Rick Hubbell on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - April 26 at 6:39 PM
finance.yahoo.com logoMarine Products Corporation Announces Regular Quarterly Cash Dividend
finance.yahoo.com - April 26 at 6:39 PM

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Chart

Marine Products Corporation (MPX) Chart for Wednesday, September, 20, 2017

This page was last updated on 9/20/2017 by MarketBeat.com Staff