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Marine Products Corporation (MPX)

NYSE: MPX · Delayed Price · USD
12.20 0.29 (2.43%)
Sep 22, 2021 4:00 PM EDT - Market closed
Market Cap419.56M
Revenue (ttm)285.52M
Net Income (ttm)27.42M
Shares Out33.99M
EPS (ttm)0.81
PE Ratio15.10
Forward PEn/a
Dividend$0.42 (3.44%)
Ex-Dividend DateAug 9, 2021
Volume59,955
Open12.07
Previous Close11.91
Day's Range11.82 - 12.39
52-Week Range11.00 - 18.90
Beta1.19
AnalystsHold
Price Target17.00 (+39.3%)
Est. Earnings DateOct 27, 2021

About MPX

Marine Products Corporation designs, manufactures, and sells recreational fiberglass powerboats for the sportboat, sport fishing, and jet boat 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. The company also provides center and dual consoles, and Cayman Bay Boats under t...

IndustryLeisure Products
Founded1965
Employees823
Stock ExchangeNYSE
Ticker SymbolMPX
Full Company Profile

Financial Performance

In 2020, MPX's revenue was $239.83 million, a decrease of -17.91% compared to the previous year's $292.14 million. Earnings were $19.44 million, a decrease of -31.14%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for MPX stock is "Hold" and the 12-month stock price forecast is 17.00.

Price Target
$17.00
(39.34% upside)
Analyst Consensus: Hold

News

Marine Products Corporation Reports Second Quarter 2021 Financial Results

ATLANTA, July 28, 2021 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced its unaudited results for the quarter ended June 30, 2021.  Marine Products is a leading manufacturer of fibergla...

1 month ago - PRNewsWire

Marine Products Corporation Announces Regular Quarterly Cash Dividend

ATLANTA, July 28, 2021 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.12 per share payable September...

1 month ago - PRNewsWire

Marine Products Corporation Announces Date for Second Quarter 2021 Financial Results and Conference Call

ATLANTA, July 6, 2021 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that it will release its financial results for the second quarter ended June 30, 2021 on Wednesday, July 28,...

2 months ago - PRNewsWire

5 Vehicles and Parts Companies With High Business Quality

As consumer prices increase in May at a pace not seen since 2008, five vehicles and parts companies as of Thursday with high financial strength and profitability are America's Car-Mart Inc. ( CRMT , Fin...

Other symbols:CRMTFOXFSMPXPEL
3 months ago - GuruFocus

7 Hurricane Stocks To Buy as a Higher-Than-Normal Season Kick's Off

It gets tough to find stocks to buy during the hurricane season. But there are excellent picks, like these seven names, out there for you to add before the storm hits.

Other symbols:GNRCHDLOWMAS
3 months ago - InvestorPlace

Marine Products Corporation Announces 20 Percent Increase in Regular Quarterly Cash Dividend

ATLANTA, April 28, 2021 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that its Board of Directors declared a 20 percent increase to the regular quarterly cash dividend from $0....

4 months ago - PRNewsWire

Marine Products Corporation Reports First Quarter 2021 Financial Results

ATLANTA, April 28, 2021 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced its unaudited results for the quarter ended March 31, 2021.  Marine Products is a leading manufacturer of fiberg...

4 months ago - PRNewsWire

Marine Products Corporation Announces Date for First Quarter 2021 Financial Results and Conference Call

ATLANTA, April 6, 2021 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that it will release its financial results for the first quarter ended March 31, 2021 on Wednesday, April 2...

5 months ago - PRNewsWire

Is Marine Products (MPX) a Solid Growth Stock? 3 Reasons to Think " Yes "

Marine Products (MPX) is well positioned to outperform the market, as it exhibits above-average growth in financials.

7 months ago - Zacks Investment Research

Is Marine Products (MPX) a Solid Growth Stock? 3 Reasons to Think " Yes "

Marine Products (MPX) is well positioned to outperform the market, as it exhibits above-average growth in financials.

7 months ago - Zacks Investment Research

Marine Products (MPX) Beats Q4 Earnings and Revenue Estimates

Marine Products (MPX) delivered earnings and revenue surprises of 23.53% and 10.25%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

7 months ago - Zacks Investment Research

Recap: Marine Products Q4 Earnings

Shares of Marine Prods (NYSE:MPX) rose 3.5% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share were up 110.00% year over year to $0.21, which beat the esti...

7 months ago - Benzinga

Marine Products Corporation Reports Fourth Quarter 2020 Financial Results

ATLANTA, Jan. 27, 2021 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced its unaudited results for the quarter and year ended December 31, 2020. Marine Products is a leading manufacturer...

7 months ago - PRNewsWire

Marine Products Corporation Announces 25 Percent Increase in Regular Quarterly Cash Dividend

ATLANTA, Jan. 27, 2021 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that its Board of Directors declared a 25 percent increase to the regular quarterly cash dividend from $0.0...

7 months ago - PRNewsWire

Marine Products Corporation Announces Date for Fourth Quarter 2020 Financial Results and Conference Call

ATLANTA, Jan. 8, 2021 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that it will release its financial results for the fourth quarter ended December 31, 2020 on Wednesday, Janu...

8 months ago - PRNewsWire

Marine Products Corporation Board of Directors Appoints New Director Patrick J. Gunning

ATLANTA, Dec. 15, 2020 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) today announced the appointment of Patrick J. Gunning to the Board of Directors of the Company effective January 1, 2021. G...

9 months ago - PRNewsWire

Marine Products Corporation Board of Directors Appoints New Director Susan Bell

ATLANTA, Dec. 15, 2020 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) today announced the appointment of Susan Bell to the Board of Directors of the Company effective January 1, 2021. Bell rece...

9 months ago - PRNewsWire

Marine Products (MPX) Q3 Earnings and Revenues Miss Estimates

Marine Products (MPX) delivered earnings and revenue surprises of -9.52% and -5.25%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

10 months ago - Zacks Investment Research

Marine Products Corporation Reports Third Quarter 2020 Financial Results

ATLANTA, Oct. 28, 2020 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced its unaudited results for the quarter ended September 30, 2020. Marine Products is a leading manufacturer of fibe...

10 months ago - PRNewsWire

Marine Products Corporation Announces Regular Quarterly Cash Dividend and Special Year-End Cash Dividend

ATLANTA, Oct. 28, 2020 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.08 per share. In addition, the...

10 months ago - PRNewsWire

Surging Earnings Estimates Signal Upside for Marine Products (MPX) Stock

Marine Products (MPX) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

11 months ago - Zacks Investment Research

Earnings Preview: Marine Products (MPX) Q3 Earnings Expected to Decline

Marine Products (MPX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

11 months ago - Zacks Investment Research

Marine Products Corporation Announces Date for Third Quarter 2020 Financial Results and Conference Call

ATLANTA, Oct. 7, 2020 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that it will release its financial results for the third quarter ended September 30, 2020 on Wednesday, Octo...

11 months ago - PRNewsWire

Marine Products Corporation Announces Third Quarter 2020 Share Repurchases

ATLANTA, Oct. 1, 2020 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that during the third quarter of 2020 it purchased 97,940 shares under its share repurchase program. Marine ...

11 months ago - PRNewsWire

Marine Products (MPX) Jumps: Stock Rises 8.8%

Marine Products (MPX) saw a big move last session, as its shares jumped nearly 9% on the day, amid huge volumes.

1 year ago - Zacks Investment Research