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NYSE:MPX

Marine Products Stock Forecast, Price & News

$17.31
-0.02 (-0.12 %)
(As of 10/23/2020 12:00 AM ET)
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Today's Range
$17.18
Now: $17.31
$17.89
50-Day Range
$14.41
MA: $17.21
$21.20
52-Week Range
$6.77
Now: $17.31
$22.61
Volume16,488 shs
Average Volume50,797 shs
Market Capitalization$588.00 million
P/E Ratio34.62
Dividend Yield1.85%
Beta1.22
Marine Products Corporation designs, manufactures, and sells recreational fiberglass powerboats for the sportboat, jet boat, and sport fishing markets worldwide. It offers Chaparral sterndrive pleasure boats, including SSi Sport, Ski and Fish Boats, SSX Sport Boats, and the Surf Series; Chaparral outboard pleasure boats within the SSi and SSX, SunCoast, and OSX Sport Luxury models; Robalo outboard sport fishing boats; and Vortex jet boats under the Chaparral brand name. The company also provides center consoles, dual consoles, and Cayman Bay Boats under the Robalo brand name. It sells its products to a network of 195 domestic and 93 international independent authorized dealers. Marine Products Corporation was founded in 1965 and is based in Atlanta, Georgia.
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Beat the Market (BTM) Rank

Analyst Opinion: 1.0Community Rank: 2.2Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.84 out of 5 stars

Industry, Sector and Symbol

Industry Ship & boat building & repairing
Sub-IndustryLeisure Products
CUSIP56842710
Phone404-321-7910
Employees673

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$292.14 million
Cash Flow$0.90 per share
Book Value$2.27 per share

Profitability

Net Income$28.24 million

Miscellaneous

Market Cap$588.00 million
Next Earnings Date10/28/2020 (Confirmed)
OptionableOptionable
$17.31
-0.02 (-0.12 %)
(As of 10/23/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Marine Products (NYSE:MPX) Frequently Asked Questions

How has Marine Products' stock price been impacted by Coronavirus (COVID-19)?

Marine Products' stock was trading at $10.09 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, MPX stock has increased by 71.6% and is now trading at $17.31.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Marine Products?

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, resulting in a consensus recommendation of "Hold."
View analyst ratings for Marine Products
.

When is Marine Products' next earnings date?

Marine Products is scheduled to release its next quarterly earnings announcement on Wednesday, October 28th 2020.
View our earnings forecast for Marine Products
.

How can I listen to Marine Products' earnings call?

Marine Products will be holding an earnings conference call on Wednesday, October 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Marine Products' earnings last quarter?

Marine Products Co. (NYSE:MPX) issued its earnings results on Wednesday, July, 29th. The company reported $0.05 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.03 by $0.02. The business earned $40.82 million during the quarter, compared to analysts' expectations of $31.73 million. Marine Products had a net margin of 7.86% and a return on equity of 22.13%.
View Marine Products' earnings history
.

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

Marine Products announced a quarterly dividend on Wednesday, July 29th. Investors of record on Monday, August 10th will be given a dividend of $0.08 per share on Thursday, September 10th. This represents a $0.32 annualized dividend and a yield of 1.85%. The ex-dividend date is Friday, August 7th.
View Marine Products' dividend history
.

What price target have analysts set for MPX?

1 equities research analysts have issued 1 year price targets for Marine Products' shares. Their forecasts range from $17.00 to $17.00. On average, they anticipate Marine Products' share price to reach $17.00 in the next twelve months. This suggests that the stock has a possible downside of 1.8%.
View analysts' price targets for Marine Products
.

Are investors shorting Marine Products?

Marine Products saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 354,600 shares, an increase of 15.4% from the August 31st total of 307,300 shares. Based on an average daily trading volume, of 87,600 shares, the short-interest ratio is presently 4.0 days. Approximately 3.6% of the company's stock are sold short.
View Marine Products' Short Interest
.

Who are some of Marine Products' key competitors?

What other stocks do shareholders of Marine Products own?

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).

Who are Marine Products' key executives?

Marine Products' management team includes the following people:
  • Mr. Richard A. Hubbell, Pres, CEO & Director (Age 75, Pay $950k)
  • Mr. Ben M. Palmer, VP, CFO, Treasurer & Corp. Sec. (Age 60, Pay $675k)
  • Mr. James C. Landers, VP of Corp. Fin.
  • Ms. Sharon A. Lennon, Mang. of Investor Relations & Corp. Communications

What is Marine Products' stock symbol?

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

Who are Marine Products' major shareholders?

Marine Products' stock is owned by many different institutional and retail investors. Top institutional investors include Denali Advisors LLC (0.15%) and Aptus Capital Advisors LLC (0.05%).
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 Denali Advisors LLC.
View insider buying and selling activity for Marine Products
.

Which major investors are buying Marine Products stock?

MPX stock was bought by a variety of institutional investors in the last quarter, including Aptus Capital Advisors LLC.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Marine Products' stock price today?

One share of MPX stock can currently be purchased for approximately $17.31.

How big of a company is Marine Products?

Marine Products has a market capitalization of $588.00 million and generates $292.14 million in revenue each year. The company earns $28.24 million in net income (profit) each year or $0.83 on an earnings per share basis. Marine Products employs 673 workers across the globe.

What is Marine Products' official website?

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

How can I contact Marine Products?

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]

This page was last updated on 10/24/2020 by MarketBeat.com Staff

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