Marine Products Corporation (MPX)

NYSE: MPX · IEX Real-Time Price · USD
11.05
-0.41 (-3.58%)
Mar 1, 2024, 4:00 PM EST - Market closed
-3.58%
Market Cap 383.25M
Revenue (ttm) 383.73M
Net Income (ttm) 41.70M
Shares Out 34.47M
EPS (ttm) 1.21
PE Ratio 9.13
Forward PE n/a
Dividend $0.56 (5.07%)
Ex-Dividend Date Feb 8, 2024
Volume 57,961
Open 11.52
Previous Close 11.46
Day's Range 11.01 - 11.44
52-Week Range 9.18 - 17.81
Beta 1.24
Analysts Hold
Price Target 16.00 (+44.8%)
Earnings Date Apr 24, 2024

About MPX

Marine Products Corporation designs, manufactures, and sells recreational fiberglass powerboats for the sportboat, 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... [Read more]

Founded 1965
Employees 935
Stock Exchange NYSE
Ticker Symbol MPX
Full Company Profile

Financial Performance

In 2023, MPX's revenue was $383.73 million, an increase of 0.72% compared to the previous year's $381.00 million. Earnings were $41.70 million, an increase of 3.34%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for MPX stock is "Hold" and the 12-month stock price forecast is $16.0.

Price Target
$16.0
(44.80% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Marine Products Corporation Reports Fourth Quarter And Full Year 2023 Financial Results And Declares Regular Quarterly Cash Dividend

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

5 weeks ago - PRNewsWire

Marine Products Corporation Announces Date for Fourth Quarter 2023 Financial Results and Conference Call

ATLANTA , Jan. 9, 2024 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that it will release its financial results for the fourth quarter ended December 31, 2023 on Thursday, Ja...

7 weeks ago - PRNewsWire

Top 5 Consumer Stocks That Could Blast Off This Month - Fisker (NYSE:FSR), Fox Factory Hldg (NASDAQ:FOXF)

The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies.

Other symbols: FOXFFSRVACXPEL
3 months ago - Benzinga

Marine Products Corporation Announces Regular Quarterly Cash Dividend

ATLANTA , Oct. 25, 2023 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.14 per share payable Decemb...

4 months ago - PRNewsWire

Marine Products Corporation Reports Third Quarter 2023 Financial Results

ATLANTA , Oct. 25, 2023 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced its unaudited results for the quarter ended September 30, 2023. Marine Products is a leading manufacturer of f...

4 months ago - PRNewsWire

Marine Products Corporation Announces Date for Third Quarter 2023 Financial Results and Conference Call

ATLANTA , Oct. 3, 2023 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that it will release its financial results for the third quarter ended September 30, 2023 on Wednesday, O...

5 months ago - PRNewsWire

Bank of America downgrades Valero and four other refiners

The "Halftime Report" traders debate the biggest analyst calls of the day

Other symbols: VLOPSX
7 months ago - CNBC Television

Marine Products Corporation Reports Second Quarter 2023 Financial Results

ATLANTA , July 26, 2023 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced its unaudited results for the quarter ended June 30, 2023.  Marine Products is a leading manufacturer of fiber...

7 months ago - PRNewsWire

Marine Products Corporation Announces Date for Second Quarter 2023 Financial Results and Conference Call

ATLANTA , July 5, 2023 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that it will release its financial results for the second quarter ended June 30, 2023 on Wednesday, July ...

8 months ago - PRNewsWire

Marine Products Corporation to Participate in the Baird 2023 Global Consumer Technology and Services Conference

ATLANTA , June 5, 2023 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that company management will participate in the Baird 2023 Global Consumer Technology and Services Confer...

9 months ago - PRNewsWire

3 Small Caps With High Dividend Yields And 2023 Price Gains

Small caps and dividends? Most investors don't associate the two, but stocks such as Marine Products Corp.NYSE: MPX, Park Aerospace Corp. NYSE: PKE and Vector Group Ltd.

Other symbols: PKEVGR
10 months ago - MarketBeat

Marine Products Corporation Reports First Quarter 2023 Financial Results

ATLANTA , April 26, 2023 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced its unaudited results for the quarter ended March 31, 2023.  Marine Products is a leading manufacturer of fib...

11 months ago - PRNewsWire

Marine Products Corporation to Present at the 26th Annual Burkenroad Investment Conference

ATLANTA, April 14, 2023 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced that the Company will present at the 26th Annual Burkenroad Reports Investment Conference on Friday, April 28,...

11 months ago - PRNewsWire

Marine Products Corporation Announces Date for First Quarter 2023 Financial Results and Conference Call

ATLANTA , April 4, 2023 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that it will release its financial results for the first quarter ended March 31, 2023 on Wednesday, Apri...

11 months ago - PRNewsWire

This is the best way to understand where stocks are headed

Earnings reports may be backward looking, but there are still many reasons investors should play close attention to what companies say in them, and why MarketWatch covers them so diligently every quar...

Other symbols: CAGKMBMANPGRHISWK
1 year ago - Market Watch

Marine Products Corporation Reports Record Fourth Quarter and Full Year 2022 Financial Results

ATLANTA , Jan. 25, 2023 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced its unaudited results for the quarter and year ended December 31, 2022.  Marine Products is a leading manufact...

1 year ago - PRNewsWire

Marine Products Corporation Announces Date for Fourth Quarter 2022 Financial Results and Conference Call

ATLANTA , Jan. 4, 2023 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that it will release its financial results for the fourth quarter and year ended December 31, 2022 on Wed...

1 year ago - PRNewsWire

Amy Rollins Kreisler Appointed to the Marine Products Corporation Board of Directors

ATLANTA , Oct. 31, 2022 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today the appointment of Amy Rollins Kreisler to the Board of Directors of the Company. Kreisler holds an Engl...

1 year ago - PRNewsWire

Marine Products Corporation Reports Record Financial Results For The Third Quarter 2022

ATLANTA , Oct. 26, 2022 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced its unaudited results for the quarter ended September 30, 2022.  Marine Products is a leading manufacturer of ...

1 year ago - PRNewsWire

Marine Products Corporation Announces 17 Percent Increase to Regular Quarterly Cash Dividend

ATLANTA , Oct. 26, 2022 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that its Board of Directors declared a 17 percent increase to the regular quarterly cash dividend from $...

1 year ago - PRNewsWire

Marine Products Is Trading at Recessionary Lows

Marine Products Corp. ( MPX , Financial), an Atlanta-based recreational boat manufacturer, showed up on my screen for companies with solid profitability metrics and high returns on invested capital th...

1 year ago - GuruFocus

Marine Products Corporation Announces Date for Third Quarter 2022 Financial Results and Conference Call

ATLANTA , Oct. 5, 2022 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that it will release its financial results for the third quarter ended September 30, 2022 on Wednesday, O...

1 year ago - PRNewsWire

Marine Products Corporation Reports Second Quarter 2022 Financial Results

ATLANTA , July 27, 2022 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced its unaudited results for the quarter ended June 30, 2022.  Marine Products is a leading manufacturer of fiber...

1 year ago - PRNewsWire

Marine Products Corporation Announces Date for Second Quarter 2022 Financial Results and Conference Call

ATLANTA , July 5, 2022 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that it will release its financial results for the second quarter ended June 30, 2022 on Wednesday, July ...

1 year ago - PRNewsWire

Marine Products Corporation Announces Leadership Transition

ATLANTA , May 17, 2022 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) today announced several changes within its senior leadership team and among its Board of Directors. Marine Products is a ...

1 year ago - PRNewsWire