Marine Products Corporation (MPX)
| Market Cap | 392.92M |
| Revenue (ttm) | 421.37M |
| Net Income (ttm) | 48.13M |
| Shares Out | 34.47M |
| EPS (ttm) | 1.41 |
| PE Ratio | 8.09 |
| Forward PE | 58.18 |
| Dividend | $0.56 (4.91%) |
| Ex-Dividend Date | Nov 9, 2023 |
| Volume | 64,563 |
| Open | 11.75 |
| Previous Close | 11.70 |
| Day's Range | 11.32 - 11.77 |
| 52-Week Range | 9.18 - 17.81 |
| Beta | 1.17 |
| Analysts | Hold |
| Price Target | 16.00 (+40.35%) |
| Earnings Date | Jan 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]
Financial Performance
In 2022, MPX's revenue was $381.00 million, an increase of 27.84% compared to the previous year's $298.01 million. Earnings were $40.35 million, an increase of 39.00%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for MPX stock is "Hold" and the 12-month stock price forecast is $16.0.
News
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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...
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...
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...
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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...
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 ...
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...
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.
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...
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,...
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...
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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...
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...
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...
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...
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 ...
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 $...
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...
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...
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...
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 ...
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 ...
Marine Products Corporation Reports First Quarter 2022 Financial Results
ATLANTA , April 27, 2022 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced its unaudited results for the quarter ended March 31, 2022. Marine Products is a leading manufacturer of fib...
Marine Products Corporation Board of Directors Appoints John F. Wilson as New Director
ATLANTA , April 26, 2022 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) today announced the appointment of John F. Wilson to the Board of Directors of the Company effective April 26, 2022.