NYSE:MPX Marine Products (MPX) Stock Price, News & Analysis → Millionaire investor and Republican donor makes surprising election prediction (From InvestorPlace) (Ad) Free MPX Stock Alerts $10.68 +0.13 (+1.23%) (As of 02:56 PM ET) Add Compare Share Share Today's Range$10.48▼$10.7050-Day Range$10.38▼$12.1252-Week Range$9.18▼$17.81Volume25,047 shsAverage Volume54,111 shsMarket Capitalization$370.38 millionP/E Ratio10.57Dividend Yield5.24%Price Target$16.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Marine Products alerts: Email Address Marine Products MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside49.8% Upside$16.00 Price TargetShort InterestBearish2.96% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth25.00%From $0.60 to $0.75 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.02 out of 5 starsConsumer Discretionary Sector79th out of 269 stocksShip & Boat Building & Repairing Industry3rd out of 5 stocks 3.0 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.Amount of Analyst CoverageMarine Products has received no research coverage in the past 90 days.Read more about Marine Products' stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.96% of the float of Marine Products has been sold short.Short Interest Ratio / Days to CoverMarine Products has a short interest ratio ("days to cover") of 6.1.Change versus previous monthShort interest in Marine Products has recently increased by 0.73%, indicating that investor sentiment is decreasing. Previous Next 3.3 Dividend Strength Dividend LeadershipMarine Products is a leading dividend payer. It pays a dividend yield of 5.31%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthMarine Products does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Marine Products is 55.45%. 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 74.67% next year. This indicates that Marine Products will be able to sustain or increase its dividend.Read more about Marine Products' dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MPX. Previous Next 2.6 News and Social Media Coverage News SentimentMarine Products has a news sentiment score of 0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.54 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 1 news article for Marine Products this week, compared to 1 article on an average week.Search Interest4 people have searched for MPX on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days. Previous Next 1.7 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 Insiders75.70% 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 13.86% of the stock of Marine Products is held by institutions.Read more about Marine Products' insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Marine Products are expected to grow by 25.00% in the coming year, from $0.60 to $0.75 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Marine Products is 10.57, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.23.Price to Earnings Ratio vs. SectorThe P/E ratio of Marine Products is 10.57, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 15.15.Price to Book Value per Share RatioMarine Products has a P/B Ratio of 2.43. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Marine Products' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Huge AlertsThis 1 Biotech Stock has been shocking the marketsSave the Date: BioStem's 2024 Q1 Call Coming Up!Sign Up for the Live Broadcast here About Marine Products Stock (NYSE:MPX)Marine Products Corporation designs, manufactures, and sells recreational fiberglass powerboats for the sport boat and sport fishing boat markets worldwide. The company offers Chaparral sterndrive pleasure boats, including SSi Sport Boats, SSX Sport Boats, and the Surf Series; Chaparral outboard pleasure boats, which include OSX Luxury Sportboats and SSi outboard models; and Robalo outboard sport fishing boats. It also provides center and dual consoles, and Cayman Bay Boats under the Robalo brand name. The company sells its products to a network of domestic and international independent authorized dealers. Marine Products Corporation was founded in 1965 and is based in Atlanta, Georgia. Marine Products Corporation operates as a subsidiary of LOR, Inc.Read More MPX Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MPX Stock News HeadlinesMay 8, 2024 | finance.yahoo.comExploring Top Dividend Stocks For May 2024May 3, 2024 | americanbankingnews.comDA Davidson Analysts Reduce Earnings Estimates for Marine Products Co. (NYSE:MPX)May 13, 2024 | Porter & Company (Ad)Elon to Transform U.S. Economy? A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.April 27, 2024 | seekingalpha.comMarine Products Corporation (MPX) Q1 2024 Earnings Call TranscriptApril 26, 2024 | finance.yahoo.comMarine Products Corporation (NYSE:MPX) Q1 2024 Earnings Call TranscriptApril 25, 2024 | seekingalpha.comMarine Products declares $0.14 dividend & special dividend of $0.70April 25, 2024 | washingtonpost.comMarine Products: Q1 Earnings SnapshotApril 25, 2024 | msn.comMarine Products GAAP EPS of $0.13, revenue of $69.34MMay 13, 2024 | Porter & Company (Ad)Elon to Transform U.S. Economy? A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.April 25, 2024 | prnewswire.comMarine Products Corporation Reports First Quarter 2024 Financial Results And Declares Regular Quarterly Dividend And $0.70 Per Share Special DividendApril 19, 2024 | finance.yahoo.comWhile institutions own 18% of Marine Products Corporation (NYSE:MPX), private companies are its largest shareholders with 58% ownershipApril 4, 2024 | finance.yahoo.comMarine Products Corporation Announces Date for First Quarter 2024 Financial Results and Conference CallMarch 26, 2024 | seekingalpha.comThe Bottom Fishing Club: Possibly The Lowest Valuation Ever For Marine ProductsMarch 13, 2024 | seekingalpha.comLatham downgraded at Bank of America on weak new pool construction, higher decrementalsFebruary 27, 2024 | finance.yahoo.comMarine Products And Two Additional Solid Dividend Stocks To ConsiderJanuary 25, 2024 | finance.yahoo.comMarine Products Corporation Reports Fourth Quarter And Full Year 2023 Financial Results And Declares Regular Quarterly Cash DividendJanuary 25, 2024 | markets.businessinsider.comMarine Products Corp Profit Retreats In Q4January 25, 2024 | seekingalpha.comMarine Products GAAP EPS of $0.16 misses by $0.17, revenue of $70.9M misses by $36.6MJanuary 9, 2024 | finance.yahoo.comMarine Products Corporation Announces Date for Fourth Quarter 2023 Financial Results and Conference CallJanuary 8, 2024 | seekingalpha.comMarine Products: Quiet Compounder And Potential M&A TargetDecember 16, 2023 | seekingalpha.comMarine Products: Expecting A Storm AheadDecember 6, 2023 | msn.comElectric vehicle, boating and RV stocks could benefit as high-interest rate worries fadeNovember 28, 2023 | seekingalpha.comMPX Dividend Yield GradeNovember 27, 2023 | forbes.comFoot Locker And Albemarle May Bounce Back StrongNovember 11, 2023 | investing.comMarine Products Corporation ownership dominated by private companies and insidersOctober 30, 2023 | msn.comMPX and WOOF among Consumer Discretionary moversOctober 30, 2023 | gurufocus.comThe Marine Products Corp (MPX) Company: A Short SWOT AnalysisSee More Headlines Receive MPX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Marine Products and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings1/25/2024Ex-Dividend for 3/11 Dividend2/08/2024Dividend Payable3/11/2024Ex-Dividend for 6/10 Dividend5/09/2024Today5/13/2024Dividend Payable6/10/2024Next Earnings (Estimated)7/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorConsumer Discretionary Industry Ship & boat building & repairing Sub-IndustryLeisure Products Current SymbolNYSE:MPX CUSIP56842710 CIK1129155 Webwww.marineproductscorp.com Phone(404) 321-7910Fax404-321-5483Employees690Year FoundedN/APrice Target and Rating Average Stock Price Target$16.00 High Stock Price Target$16.00 Low Stock Price Target$16.00 Potential Upside/Downside+50.7%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$1.01 Trailing P/E Ratio10.51 Forward P/E Ratio17.70 P/E GrowthN/ANet Income$41.69 million Net Margins10.40% Pretax Margin12.92% Return on Equity23.29% Return on Assets17.71% Debt Debt-to-Equity RatioN/A Current Ratio4.70 Quick Ratio2.94 Sales & Book Value Annual Sales$383.73 million Price / Sales0.96 Cash Flow$1.29 per share Price / Cash Flow8.24 Book Value$4.40 per share Price / Book2.41Miscellaneous Outstanding Shares34,680,000Free Float8,428,000Market Cap$368.30 million OptionableOptionable Beta1.26 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMr. Richard A. Hubbell (Age 79)Executive Chairman Comp: $526.8kMr. Ben M. Palmer (Age 64)President, CEO & Director Comp: $790.2kMr. Michael L. Schmit (Age 51)CFO, VP, Treasurer & Corporate Secretary Comp: $263.4kMs. Sharon A. LennonManager of Investor Relations & Corporate CommunicationsMr. James C. LandersVice President of Corporate FinanceKey CompetitorsMasterCraft BoatNASDAQ:MCFTMalibu BoatsNASDAQ:MBUUVitruNASDAQ:VTRURealRealNASDAQ:REALfuboTVNYSE:FUBOView All CompetitorsInstitutional OwnershipVanguard Group Inc.Sold 2,012 shares on 5/10/2024Ownership: 1.416%Connors Investor Services Inc.Bought 1,000 shares on 5/10/2024Ownership: 0.032%State Board of Administration of Florida Retirement SystemBought 17,924 shares on 5/9/2024Ownership: 0.087%GSA Capital Partners LLPBought 1,299 shares on 5/3/2024Ownership: 0.121%Janney Montgomery Scott LLCBought 3,104 shares on 5/1/2024Ownership: 0.096%View All Institutional Transactions MPX Stock Analysis - Frequently Asked Questions Should I buy or sell Marine Products stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Marine Products in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" MPX shares. 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 MPX analyst ratings or view top-rated stocks. What is Marine Products' stock price target for 2024? 1 analysts have issued 1-year price objectives for Marine Products' shares. Their MPX share price targets range from $16.00 to $16.00. On average, they expect the company's share price to reach $16.00 in the next twelve months. This suggests a possible upside of 49.8% from the stock's current price. View analysts price targets for MPX or view top-rated stocks among Wall Street analysts. How have MPX shares performed in 2024? Marine Products' stock was trading at $11.40 at the beginning of the year. Since then, MPX shares have decreased by 6.3% and is now trading at $10.68. View the best growth stocks for 2024 here. When is Marine Products' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024. View our MPX earnings forecast. How were Marine Products' earnings last quarter? Marine Products Co. (NYSE:MPX) issued its earnings results on Thursday, January, 25th. The company reported $0.16 EPS for the quarter, missing analysts' consensus estimates of $0.19 by $0.03. The firm had revenue of $70.87 million for the quarter. Marine Products had a net margin of 10.40% and a trailing twelve-month return on equity of 23.29%. During the same quarter in the prior year, the company earned $0.35 EPS. How often does Marine Products pay dividends? What is the dividend yield for Marine Products? Marine Products announced a quarterly dividend on Thursday, April 25th. Investors of record on Friday, May 10th will be paid a dividend of $0.14 per share on Monday, June 10th. This represents a $0.56 dividend on an annualized basis and a yield of 5.24%. The ex-dividend date is Thursday, May 9th. Read our dividend analysis for MPX. Is Marine Products a good dividend stock? Marine Products (NYSE:MPX) pays an annual dividend of $0.56 per share and currently has a dividend yield of 5.31%. MPX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 55.45%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MPX will have a dividend payout ratio of 74.67% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for MPX. 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' major shareholders? Marine Products' stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (1.42%), Denali Advisors LLC (0.20%), Los Angeles Capital Management LLC (0.15%), GSA Capital Partners LLP (0.12%), Janney Montgomery Scott LLC (0.10%) and State Board of Administration of Florida Retirement System (0.09%). View institutional ownership trends. How do I buy shares of Marine Products? Shares of MPX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:MPX) was last updated on 5/13/2024 by MarketBeat.com Staff From Our PartnersThe Department of Defense Has a New Drone ContractorThe Tomorrow InvestorObama’s Forever Term [exposed]Porter & CompanyUrgent Nvidia WarningAltimetryThis 1 Biotech Stock has been shocking the marketsHuge AlertsHe Is Giving Away BitcoinCrypto Swap ProfitsThe A.I. story nobody is telling you (Read ASAP)TradeSmithThe Crypto 9-5 Escape PlanCrypto 101 MediaForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm Press Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Marine Products Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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