Marine Products Corporation (MPX)

NYSE: MPX · Real-Time Price · USD
9.12
+0.34 (3.87%)
Aug 13, 2025, 4:00 PM - Market closed
3.87%
Market Cap319.16M
Revenue (ttm)224.37M
Net Income (ttm)14.04M
Shares Out 35.00M
EPS (ttm)0.40
PE Ratio22.81
Forward PEn/a
Dividend$0.56 (6.14%)
Ex-Dividend DateAug 11, 2025
Volume15,417
Open8.77
Previous Close8.78
Day's Range8.69 - 9.15
52-Week Range7.49 - 10.32
Beta0.89
AnalystsHold
Price Target8.00 (-12.28%)
Earnings DateJul 24, 2025

About PYCR

Marine Products Corporation designs, manufactures, and sells recreational fiberglass powerboats for the sport boat and sport fishing boat markets in the United States. 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 Sportboats; and Robalo outboard sport fishing boats. It also provides center and dual consoles, and Cayman Bay Boats under the Robalo brand name. It sells its products to a network of domestic and internation... [Read more]

Founded 1965
Employees 617
Stock Exchange NYSE
Ticker Symbol MPX
Full Company Profile

Financial Performance

In 2024, Marine Products's revenue was $236.56 million, a decrease of -38.35% compared to the previous year's $383.73 million. Earnings were $17.85 million, a decrease of -57.18%.

Financial Statements

Analyst Summary

According to one analyst, the rating for MPX stock is "Hold" and the 12-month stock price target is $8.0.

Price Target
$8.0
(-12.28% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Marine Products Corporation (MPX) Q2 2025 Earnings Call Transcript

Marine Products Corporation (NYSE:MPX) Q2 2025 Earnings Conference Call July 24, 2025 8:00 AM ET Company Participants Ben M. Palmer - President, CEO & Director Michael L.

20 days ago - Seeking Alpha

Marine Products Corporation Reports Second Quarter 2025 Financial Results And Declares Regular Quarterly Dividend

ATLANTA , July 24, 2025 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) (the "Company"), a leading manufacturer of fiberglass boats, announced its unaudited results for the second quarter ende...

20 days ago - PRNewsWire

Gary Kolstad Appointed to the Marine Products Corporation Board of Directors

ATLANTA , July 14, 2025 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today the appointment of Gary Kolstad to the Board of Directors of the Company.  Kolstad holds a B.S.

4 weeks ago - PRNewsWire

Marine Products Corporation Announces Date for Second Quarter 2025 Financial Results and Conference Call

ATLANTA , July 2, 2025 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that it will release its financial results for the second quarter ended June 30, 2025 on Thursday, July 2...

6 weeks ago - PRNewsWire

Marine Products Corporation: Riding Out The Pain Offers Upside

Marine Products Corporation faces near-term headwinds from weak demand, inflation, and interest rates, making current fundamentals look fairly valued rather than cheap. Despite recent underperformance...

6 weeks ago - Seeking Alpha

Marine Products Corporation (MPX) Q1 2025 Earnings Call Transcript

Marine Products Corporation (NYSE:MPX) Q1 2025 Earnings Conference Call April 24, 2025 8:00 AM ET Company Participants Ben Palmer – President and Chief Executive Officer Mike Schmit – Chief Financial...

3 months ago - Seeking Alpha

Marine Products Corporation Reports First Quarter Financial Results And Declares Regular Quarterly Dividend

ATLANTA , April 24, 2025 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) (the "Company"), a leading manufacturer of fiberglass boats, announced its unaudited results for the first quarter ende...

3 months ago - PRNewsWire

Marine Products Corporation Announces Date for First Quarter 2025 Financial Results and Conference Call

ATLANTA , April 3, 2025 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that it will release its financial results for the first quarter ended March 31, 2025 on Thursday, April...

4 months ago - PRNewsWire

Marine Products Corporation: Attractive If You Can Handle The Bumpy Cruise

Marine Products Corporation faces declining sales and profits, with shares plunging 33.7% despite a strong balance sheet and no debt. The boating industry is struggling due to lower demand, high-inter...

4 months ago - Seeking Alpha

Marine Products Corporation (MPX) Q4 2024 Earnings Call Transcript

Marine Products Corporation (NYSE:MPX) Q4 2024 Earnings Call January 30, 2025 8:00 AM ET Company Participants Ben Palmer - President and Chief Executive Officer Mike Schmit - Chief Financial Officer ...

6 months ago - Seeking Alpha

Marine Products Corporation Reports Fourth Quarter And Full Year 2024 Financial Results And Declares Regular Quarterly Dividend

ATLANTA , Jan. 30, 2025 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) (the "Company"), a leading manufacturer of fiberglass boats, announced its unaudited results for the fourth quarter and ...

6 months ago - PRNewsWire

Marine Products Corporation Announces Date for Fourth Quarter 2024 Financial Results and Conference Call

ATLANTA , Jan. 7, 2025 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that it will release its financial results for the fourth quarter ended December 31, 2024 on Thursday, Ja...

7 months ago - PRNewsWire

Marine Products: Uncertainty Persists With Slight Optimism After Q3 Weakness

Marine Products' Q3 results were weak amid industry turbulence. The company slightly underperformed peers in the quarter, but the underperformance fell within short-term turbulence. The industry outlo...

9 months ago - Seeking Alpha

Marine Products Corporation (MPX) Q3 2024 Earnings Call Transcript

Marine Products Corporation (NYSE:MPX) Q3 2024 Earnings Conference Call October 24, 2024 8:00 AM ET Company Participants Ben Palmer - President and CEO Mike Schmit - Chief Financial Officer Conferenc...

10 months ago - Seeking Alpha

Marine Products Corporation Reports Third Quarter 2024 Financial Results And Declares Regular Quarterly Dividend

ATLANTA , Oct. 24, 2024 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) (the "Company"), a leading manufacturer of fiberglass boats, announced its unaudited results for the third quarter ended...

10 months ago - PRNewsWire

Chaparral and Robalo Boats Form Exclusive Agreement with Yamaha Financial Services

KENNESAW, Ga.--(BUSINESS WIRE)--Chaparral and Robalo Boats, in partnership with Yamaha Motor Finance Corporation, U.S.A. (Yamaha Financial Services), are excited to announce a new multi-year exclusive...

10 months ago - Business Wire

Marine Products Corporation Announces Date for Third Quarter 2024 Financial Results and Conference Call

ATLANTA , Oct. 7, 2024 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that it will release its financial results for the third quarter ended September 30, 2024 on Thursday, Oc...

11 months ago - PRNewsWire

Marine Products: In The Midst Of A Rough Patch But Still Profitable

The current company's quarterly dividend represents an annual dividend yield of close to 6%. Earlier this year, the company paid a massive special dividend in combination with the regular quarterly di...

1 year ago - Seeking Alpha

Marine Products Corporation (MPX) Q2 2024 Earnings Call Transcript

Marine Products Corporation (NYSE:MPX) Q2 2024 Earnings Conference Call July 25, 2024 8:00 AM ET Company Participants Ben Palmer - President and CEO Mike Schmit - Chief Financial Officer Conference C...

1 year ago - Seeking Alpha

Marine Products Corporation Reports Second Quarter 2024 Financial Results And Declares Regular Quarterly Dividend

ATLANTA , July 25, 2024 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) ("the Company"), a leading manufacturer of fiberglass boats, announced its unaudited results for the second quarter ende...

1 year ago - PRNewsWire

Marine Products Corporation Announces Date for Second Quarter 2024 Financial Results and Conference Call

ATLANTA , July 10, 2024 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that it will release its financial results for the second quarter ended June 30, 2024 on Thursday, July ...

1 year ago - PRNewsWire

Marine Products: Cheap, Resilient Cash Flows During Industry Turbulence (Rating Upgrade)

MPX's revenue declines in Q4 and Q1 have been deeper than previously anticipated as industry challenges persist. Excess dealership inventories and weak consumer confidence continue to ravage demand, b...

1 year ago - Seeking Alpha

Marine Products Corporation (MPX) Q1 2024 Earnings Call Transcript

Marine Products Corporation (MPX) Q1 2024 Earnings Call Transcript

1 year ago - Seeking Alpha

Marine Products Corporation Reports First Quarter 2024 Financial Results And Declares Regular Quarterly Dividend And $0.70 Per Share Special Dividend

ATLANTA , April 25, 2024 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) ("the Company"), a leading manufacturer of fiberglass boats, announced its unaudited results for the first quarter ende...

1 year ago - PRNewsWire

Marine Products Corporation Announces Date for First Quarter 2024 Financial Results and Conference Call

ATLANTA , April 4, 2024 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that it will release its financial results for the first quarter ended March 31, 2024 on Thursday, April...

1 year ago - PRNewsWire