Marine Products/MPX

$11.07

3.46%
-
1D1W1MYTD1YMAX

About Marine Products

Marine Products Corporation is a manufacturer of fiberglass boats. The Company offers a range of products to the family recreational markets through its Chaparral brands and to the sport fishing market through its Robalo brands. The Company manufactures Chaparral sterndrive pleasure boats including SSi and SSX models, and the Chaparral Surf Series. It also manufactures Chaparral outboard pleasure boats which include OSX Luxury Sportboats and SSi outboard models. Its product line includes Chaparral - SSi Sport Boats, Chaparral - SSX Sport Boats, Chaparral - Surf Series, Chaparral - OSX Sport Boats, Robalo - Center Consoles, Robalo - Cayman Bay Boats and Robalo - Dual Consoles. The Company sells its products through approximately 203 domestic independent authorized dealers, consisting of 64 Chaparral dealers, 49 Robalo dealers and 90 dealers that sell both brands located in markets throughout the United States. The Company also sells its products through around 87 international dealers.

Ticker

MPX

Sector

Consumer Cyclicals

Trading on

NYSE

Industry

Recreational Products

CEO

Richard Hubbell

Employees

690

Headquarters

Atlanta, United States

Marine Products Metrics

BasicAdvanced
$379.78M
Market cap
9.04
P/E ratio
$1.21
EPS
1.25
Beta
$0.56
Dividend rate
5.11%
Dividend yield
$379.78M
1.25138
$17.81
$9.18
52.92K
$0.56
6.17
3.44
47.39%
21.008
23.32%
29.49%
26.78%
9.042
0.99
2.49
2.569
13.867
3.65%
5.11%
5.11%
0.72%
2.57%
16.96%
28.31%
15.87%

What the Analysts think about Marine Products

Analyst Ratings

Majority rating from 1 analysts.
Hold

Price Targets

Average projection from 1 analyst.
0.63% downside
High $11.00
Low $11.00
$11.07
Current price
$11.00
Average price target

Marine Products Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
7.62% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$70.8M
-8.88%
Net income
$5.4M
-48.08%
Profit margin
7.62%
-43.05%

Marine Products Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 17.53%
QuarterlyAnnual
Q3 23
Q4 23
Actual
$0.35
$0.16
Expected
$0.36
$0.19
Surprise
-2.78%
-17.53%
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Marine Products stock?

Marine Products (MPX) has a market cap of $379.78M as of April 18, 2024.

What is the P/E ratio for Marine Products stock?

The price to earnings (P/E) ratio for Marine Products (MPX) stock is 9.04 as of April 18, 2024.

Does Marine Products stock pay dividends?

Yes, the Marine Products (MPX) stock pays dividends to shareholders. As of April 18, 2024, the dividend rate is $0.56 and the yield is 5.11%. Marine Products has a payout ratio of 47.39% on a trailing twelve-month basis.

When is the next Marine Products dividend payment date?

The next Marine Products (MPX) dividend payment date is unconfirmed.

What is the beta indicator for Marine Products?

Marine Products (MPX) has a beta rating of 1.25. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Marine Products stock price target?

The target price for Marine Products (MPX) stock is $11, which is 0.63% below the current price of $11.07. This is an average based on projections from 1 analyst, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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