Marine Products Corporation designs, manufactures, and sells recreational fiberglass powerboats for the sportboat, deckboat, cruiser, jet boat, and sport fishing markets worldwide. It provides Chaparral sterndrive pleasure boats, including SSi and SSX sportboats, Sunesta sportdecks, Signature cruisers, SunCoast sportdeck outboards, Vortex Jet Boats, and Robalo outboard sport fishing boats, as well as H2O Sport, and Fish and Ski boats. The company sells its products to a network of 161 domestic and 92 international independent authorized dealers. Marine Products Corporation was founded in 1965 and is based in Atlanta, Georgia.
Industry, Sector and Symbol
Industry Ship & boat building & repairing
Sub-IndustryLeisure Products
SectorConsumer Discretionary
Phone404-321-7910
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$267.32 million
Profitability
Miscellaneous
Employees891
OptionableOptionable
Marine Products (NYSE:MPX) Frequently Asked Questions
What is Marine Products' stock symbol?
Marine Products trades on the New York Stock Exchange (NYSE) under the ticker symbol "MPX."
How often does Marine Products pay dividends? What is the dividend yield for Marine Products?
Marine Products announced a quarterly dividend on Wednesday, October 24th. Investors of record on Friday, November 9th will be given a dividend of $0.10 per share on Monday, December 10th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.29%. The ex-dividend date is Thursday, November 8th. View Marine Products' Dividend History.
How were Marine Products' earnings last quarter?
Marine Products Corp. (NYSE:MPX) announced its earnings results on Wednesday, October, 24th. The company reported $0.21 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.18 by $0.03. The firm had revenue of $72.01 million for the quarter, compared to analyst estimates of $67.66 million. Marine Products had a return on equity of 38.58% and a net margin of 8.97%. View Marine Products' Earnings History.
When is Marine Products' next earnings date?
What price target have analysts set for MPX?
2 brokerages have issued 12 month price targets for Marine Products' stock. Their predictions range from $16.00 to $16.00. On average, they anticipate Marine Products' share price to reach $16.00 in the next twelve months. This suggests that the stock has a possible downside of 8.5%. View Analyst Price Targets for Marine Products.
What is the consensus analysts' recommendation for Marine Products?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Marine Products in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Marine Products.
Has Marine Products been receiving favorable news coverage?
Media stories about MPX stock have been trending very positive recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Marine Products earned a daily sentiment score of 3.2 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term.
Who are some of Marine Products' key competitors?
Who are Marine Products' key executives?
Marine Products' management team includes the folowing 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
Who are Marine Products' major shareholders?
Marine Products' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Navellier & Associates Inc (0.04%). Company insiders that own Marine Products stock include Ben M Palmer, Naser Bin Butti Almheiri, Pam R Rollins and Timothy Curtis Rollins. View Institutional Ownership Trends for Marine Products.
Which institutional investors are buying Marine Products stock?
MPX stock was acquired by a variety of institutional investors in the last quarter, including Navellier & Associates Inc. Company insiders that have bought Marine Products stock in the last two years include Pam R Rollins and Timothy Curtis Rollins. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is Marine Products' stock price today?
One share of MPX stock can currently be purchased for approximately $17.48.
How big of a company is Marine Products?
Marine Products has a market capitalization of $603.04 million and generates $267.32 million in revenue each year. The company earns $19.30 million in net income (profit) each year or $0.60 on an earnings per share basis. Marine Products employs 891 workers across the globe.
What is Marine Products' official website?
How can I contact Marine Products?
Marine Products' mailing address is 2801 BUFORD HIGHWAY NE, ATLANTA GA, 30329. The company can be reached via phone at 404-321-7910 or via email at [email protected]
MarketBeat Community Rating for Marine Products (NYSE MPX)
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.
