NYSE:MPXMarine Products Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Marine Products Corp. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $10.55 0.00 (0.00 %) (As of 05/25/2020 01:36 PM ET) Add Compare Share Today's Range$10.14Now: $10.55▼$10.5750-Day Range$7.67MA: $8.98▼$11.4352-Week Range$6.77Now: $10.55▼$18.43Volume30,698 shsAverage Volume38,903 shsMarket Capitalization$358.38 millionP/E Ratio14.65Dividend Yield3.03%Beta1.11 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Marine Products Corporation designs, manufactures, and sells recreational fiberglass powerboats for the sportboat, deckboat, cruiser, jet boat, and sport fishing markets worldwide. The company provides Chaparral sterndrive pleasure boats, including SSi and SSX sportboats, Sunesta sportdecks, Signature cruisers, SunCoast sportdeck outboards, Vortex jet boats and the Surf Series, and Robalo outboard sport fishing boats, as well as H2O Sport, and Fish and Ski boats. It sells its products to a network of 168 domestic and 86 international independent authorized dealers. The company was founded in 1965 and is based in Atlanta, Georgia.Read More Beat the Market (BTM) Rank™ 1.0 Analyst's Opinion Consensus RatingMarine Products has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $10.00, Marine Products has a potential downside of 5.2% from its current price of $10.55.Amount of Analyst CoverageMarine Products has only been the subject of 1 research reports in the past 90 days. Previous Next 2.2 Community Rank Outperform VotesMarine Products has received 222 “outperform” votes. (Add your “outperform” vote.)Underperform VotesMarine Products has received 272 “underperform” votes. (Add your “underperform” vote.)Community SentimentMarine Products has received 55.06% “underperform” votes from our community.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. Previous Next 4.2 Dividend Strength Dividend LeadershipMarine Products is a leading dividend payer. It pays a dividend yield of 3.03%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthMarine Products has been increasing its dividend for 5 years.Dividend CoverageThe dividend payout ratio of Marine Products is 38.55 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Marine Products will have a dividend payout ratio of 61.54 % next year. This indicates that Marine Products will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Marine Products insiders have not sold or bought any company stock.Percentage Held by Insiders79.10% of the stock of Marine Products is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 13.84% of the stock of Marine Products is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Marine Products are expected to grow by 15.56% in the coming year, from $0.45 to $0.52 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Marine Products is 14.65, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 13.79.Price to Earnings Ratio vs. SectorThe P/E ratio of Marine Products is 14.65, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 17.89.Price to Book Value per Share RatioMarine Products has a P/B Ratio of 4.65. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.0Community Rank: 2.2Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.92 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Ship & boat building & repairing Sub-IndustryLeisure Products SectorConsumer Discretionary Current SymbolNYSE:MPX Previous Symbol CUSIP56842710 CIK1129155 Webwww.marineproductscorp.com Phone404-321-7910Debt Debt-to-Equity RatioN/A Current Ratio3.29 Quick Ratio1.34Price-To-Earnings Trailing P/E Ratio14.65 Forward P/E Ratio23.44 P/E GrowthN/A Sales & Book Value Annual Sales$292.14 million Price / Sales1.23 Cash Flow$0.89 per share Price / Cash Flow11.81 Book Value$2.27 per share Price / Book4.65Profitability EPS (Most Recent Fiscal Year)$0.83 Net Income$28.24 million Net Margins9.31% Return on Equity31.68% Return on Assets22.33%Miscellaneous Employees976 Outstanding Shares33,970,000Market Cap$358.38 million Next Earnings Date7/22/2020 (Estimated) OptionableOptionable MPX Rates by TradingView Receive MPX News and Ratings via Email Sign-up to receive the latest news and ratings for MPX and its competitors with MarketBeat's FREE daily newsletter. Marine Products (NYSE:MPX) Frequently Asked Questions How has Marine Products' stock been impacted by COVID-19 (Coronavirus)? 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 4.6% and is now trading at $10.55. View which stocks have been most impacted by Coronavirus. 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, July 22nd 2020. View our earnings forecast for Marine Products. How were Marine Products' earnings last quarter? Marine Products Corp. (NYSE:MPX) announced its quarterly earnings data on Wednesday, April, 29th. The company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.21 by $0.09. The firm had revenue of $59.12 million for the quarter, compared to analysts' expectations of $85.16 million. Marine Products had a return on equity of 31.68% and a net margin of 9.31%. View Marine Products' earnings history. How often does Marine Products pay dividends? What is the dividend yield for Marine Products? Marine Products declared a quarterly dividend on Wednesday, April 29th. Investors of record on Monday, May 11th will be paid a dividend of $0.08 per share on Wednesday, June 10th. This represents a $0.32 dividend on an annualized basis and a yield of 3.03%. The ex-dividend date of this dividend is Friday, May 8th. View Marine Products' dividend history. What price target have analysts set for MPX? 1 brokers have issued 12-month price targets for Marine Products' shares. Their forecasts range from $10.00 to $10.00. On average, they expect Marine Products' stock price to reach $10.00 in the next twelve months. This suggests that the stock has a possible downside of 5.2%. View analysts' price targets for Marine Products. Has Marine Products been receiving favorable news coverage? Media coverage about MPX stock has been trending somewhat positive this week, according to InfoTrie Sentiment. The research group scores the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Marine Products earned a news sentiment score of 1.5 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutMarine Products. Are investors shorting Marine Products? Marine Products saw a decline in short interest in April. As of April 30th, there was short interest totaling 289,400 shares, a decline of 15.9% from the April 15th total of 344,200 shares. Based on an average trading volume of 25,700 shares, the short-interest ratio is currently 11.3 days. Approximately 4.1% of the company's stock are sold short. View Marine Products' Current Options Chain. Who are some of Marine Products' key competitors? Some companies that are related to Marine Products include Hasbro (HAS), Polaris Industries (PII), Brunswick (BC), Mattel (MAT), Callaway Golf (ELY), Sturm Ruger & Company Inc (RGR), Johnson Outdoors (JOUT), American Outdoor Brands (AOBC) and JAKKS Pacific (JAKK). View all 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 Ford Motor (F), Weyerhaeuser (WY), Exxon Mobil (XOM), Freeport-McMoRan (FCX), Altria Group (MO), NVIDIA (NVDA), Alibaba Group (BABA), Bank of America (BAC), Foot Locker (FL) and General Mills (GIS). Who are Marine Products' key executives? Marine Products' management team includes the following people: Mr. Richard A. Hubbell, Pres, CEO & Director (Age 74)Mr. Ben M. Palmer, VP, CFO, Treasurer & Corp. Sec. (Age 59)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 a variety of institutional and retail investors. Top institutional investors include Teton Advisors Inc. (2.33%), Gamco Investors INC. ET AL (2.30%), BlackRock Inc. (1.62%), Gabelli Funds LLC (0.79%), State Street Corp (0.47%) and Bank of New York Mellon Corp (0.45%). 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 Teton Advisors Inc., Morgan Stanley, Bank of New York Mellon Corp, UBS Group AG, Russell Investments Group Ltd., Gamco Investors INC. ET AL, Gratus Capital LLC, and Gabelli Funds 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 WINTON GROUP Ltd, State Street Corp, and Geode Capital Management 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 $10.55. How big of a company is Marine Products? Marine Products has a market capitalization of $358.38 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 976 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 520, 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 5/25/2020 by MarketBeat.com Staff
