NYSE:MPX Marine Products (MPX) Stock Price, News & Analysis → Trump’s “Tax Free” Retirement Strategy (From Gold Safe Exchange) (Ad) Free MPX Stock Alerts $11.43 +0.68 (+6.33%) (As of 03/27/2024 ET) Add Compare Share Share Today's Range$10.91▼$11.4650-Day Range$10.21▼$12.0652-Week Range$9.18▼$17.81Volume44,911 shsAverage Volume51,166 shsMarket Capitalization$396.39 millionP/E Ratio9.37Dividend Yield4.90%Price Target$16.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Marine Products alerts: Email Address Marine Products MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside40.0% Upside$16.00 Price TargetShort InterestBearish3.21% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.34 out of 5 starsConsumer Discretionary Sector188th out of 266 stocksShip & Boat Building & Repairing Industry5th out of 6 stocks 3.0 Analyst's Opinion Consensus RatingMarine Products has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $16.00, Marine Products has a forecasted upside of 40.0% from its current price of $11.43.Amount of Analyst CoverageMarine Products has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.21% of the float of Marine Products has been sold short.Short Interest Ratio / Days to CoverMarine Products has a short interest ratio ("days to cover") of 5.7.Change versus previous monthShort interest in Marine Products has recently increased by 7.59%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipMarine Products is a leading dividend payer. It pays a dividend yield of 5.21%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthMarine Products does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Marine Products is 45.90%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MPX. Previous Next 1.2 News and Social Media Coverage News SentimentMarine Products has a news sentiment score of -0.90. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.62 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 1 news article for Marine Products this week, compared to 1 article on an average week.MarketBeat Follows2 people have added Marine Products to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Marine Products insiders have not sold or bought any company stock.Percentage Held by Insiders75.70% of the stock of Marine Products is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 13.86% of the stock of Marine Products is held by institutions. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Marine Products is 9.37, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 148.14.Price to Earnings Ratio vs. SectorThe P/E ratio of Marine Products is 9.37, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.04.Price to Book Value per Share RatioMarine Products has a P/B Ratio of 2.60. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Banyan Hill PublishingAI Cracks Open Largest Untapped Energy Reserve on EarthThis orb represents the largest untapped energy source in the world… And although this energy resource is unknown by 99% of the public… It makes gas, coal, oil, wind, hydropower, solar, fusion… ]click here to watch a free presentation where I reveal all the details of this lucrative opportunit About Marine Products Stock (NYSE:MPX)Marine Products Corporation designs, manufactures, and sells recreational fiberglass powerboats for the sport boat and 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 domestic and international independent authorized dealers. Marine Products Corporation was founded in 1965 and is based in Atlanta, Georgia. Marine Products Corporation operates as a subsidiary of LOR, Inc.Read More MPX Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MPX Stock News HeadlinesMarch 28, 2024 | americanbankingnews.comMarine Products (NYSE:MPX) Share Price Passes Above 200 Day Moving Average of $11.30March 26, 2024 | seekingalpha.comThe Bottom Fishing Club: Possibly The Lowest Valuation Ever For Marine ProductsMarch 28, 2024 | Banyan Hill Publishing (Ad)AI Cracks Open Largest Untapped Energy Reserve on EarthThis orb represents the largest untapped energy source in the world… And although this energy resource is unknown by 99% of the public… It makes gas, coal, oil, wind, hydropower, solar, fusion… March 13, 2024 | seekingalpha.comLatham downgraded at Bank of America on weak new pool construction, higher decrementalsFebruary 27, 2024 | finance.yahoo.comMarine Products And Two Additional Solid Dividend Stocks To ConsiderJanuary 25, 2024 | finance.yahoo.comMarine Products Corporation Reports Fourth Quarter And Full Year 2023 Financial Results And Declares Regular Quarterly Cash DividendJanuary 25, 2024 | markets.businessinsider.comMarine Products Corp Profit Retreats In Q4January 25, 2024 | seekingalpha.comMarine Products GAAP EPS of $0.16 misses by $0.17, revenue of $70.9M misses by $36.6MMarch 28, 2024 | Banyan Hill Publishing (Ad)AI Cracks Open Largest Untapped Energy Reserve on EarthThis orb represents the largest untapped energy source in the world… And although this energy resource is unknown by 99% of the public… It makes gas, coal, oil, wind, hydropower, solar, fusion… January 9, 2024 | finance.yahoo.comMarine Products Corporation Announces Date for Fourth Quarter 2023 Financial Results and Conference CallJanuary 8, 2024 | seekingalpha.comMarine Products: Quiet Compounder And Potential M&A TargetDecember 16, 2023 | seekingalpha.comMarine Products: Expecting A Storm AheadDecember 6, 2023 | msn.comElectric vehicle, boating and RV stocks could benefit as high-interest rate worries fadeNovember 28, 2023 | seekingalpha.comMPX Dividend Yield GradeNovember 27, 2023 | forbes.comFoot Locker And Albemarle May Bounce Back StrongNovember 11, 2023 | investing.comMarine Products Corporation ownership dominated by private companies and insidersOctober 30, 2023 | msn.comMPX and WOOF among Consumer Discretionary moversOctober 30, 2023 | gurufocus.comThe Marine Products Corp (MPX) Company: A Short SWOT AnalysisOctober 28, 2023 | finance.yahoo.comMarine Products (NYSE:MPX) Will Pay A Dividend Of $0.14October 26, 2023 | finance.yahoo.comMarine Products Corporation (NYSE:MPX) Q3 2023 Earnings Call TranscriptOctober 25, 2023 | finance.yahoo.comQ3 2023 Marine Products Corp Earnings CallOctober 25, 2023 | marketwatch.comMarine Products Shares Fall 13% After 3Q Sales DropOctober 25, 2023 | msn.comMarine Products misses top and bottom line estimatesOctober 25, 2023 | businessinsider.com20 cash-generating stocks large investors are scooping up while they're cheap, according to a quant strategy that filters for quality companiesOctober 15, 2023 | finance.yahoo.comThose who invested in Marine Products (NYSE:MPX) a year ago are up 71%October 10, 2023 | seekingalpha.comMarine Products: Good Long-Term Prospects, But Risks Outweigh Rewards In The Near TermSeptember 7, 2023 | msn.comMarine Products: Strong Financial Metrics, Moderate Revenue GrowthSee More Headlines Receive MPX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Marine Products and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings1/25/2024Ex-Dividend for 3/11 Dividend2/08/2024Dividend Payable3/11/2024Today3/27/2024Next Earnings (Estimated)4/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorConsumer Discretionary Industry Ship & boat building & repairing Sub-IndustryLeisure Products Current SymbolNYSE:MPX CUSIP56842710 CIK1129155 Webwww.marineproductscorp.com Phone(404) 321-7910Fax404-321-5483Employees690Year FoundedN/APrice Target and Rating Average Stock Price Target$16.00 High Stock Price Target$16.00 Low Stock Price Target$16.00 Potential Upside/Downside+40.0%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$1.22 Trailing P/E Ratio9.37 Forward P/E Ratio12.03 P/E GrowthN/ANet Income$41.69 million Net Margins10.87% Pretax Margin13.57% Return on Equity28.84% Return on Assets21.80% Debt Debt-to-Equity RatioN/A Current Ratio6.17 Quick Ratio3.44 Sales & Book Value Annual Sales$383.73 million Price / Sales1.03 Cash Flow$1.36 per share Price / Cash Flow8.40 Book Value$4.40 per share Price / Book2.60Miscellaneous Outstanding Shares34,680,000Free Float8,428,000Market Cap$396.39 million OptionableOptionable Beta1.26 The Best High-Yield Dividend Stocks for 2024Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesMr. Richard A. Hubbell (Age 79)Executive Chairman Comp: $709.71kMr. Ben M. Palmer (Age 64)President, CEO & Director Comp: $903.56kMr. Michael L. Schmit (Age 50)CFO, VP & Corporate Secretary Comp: $306.86kMs. Sharon A. LennonManager of Investor Relations & Corporate CommunicationsMr. James C. LandersVice President of Corporate FinanceKey CompetitorsMasterCraft BoatNASDAQ:MCFTMalibu BoatsNASDAQ:MBUUHonestNASDAQ:HNSTRealRealNASDAQ:REALPLAYSTUDIOSNASDAQ:MYPSView All CompetitorsInstitutional OwnershipVanguard Group Inc.Bought 31,227 shares on 3/11/2024Ownership: 1.422%GSA Capital Partners LLPBought 40,650 shares on 2/16/2024Ownership: 0.118%Nuveen Asset Management LLCBought 8,636 shares on 2/15/2024Ownership: 0.081%Barclays PLCBought 8,975 shares on 2/15/2024Ownership: 0.044%Citadel Advisors LLCBought 2,300 shares on 2/15/2024Ownership: 0.000%View All Institutional Transactions MPX Stock Analysis - Frequently Asked Questions Should I buy or sell Marine Products stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Marine Products in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" MPX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MPX, but not buy additional shares or sell existing shares. View MPX analyst ratings or view top-rated stocks. What is Marine Products' stock price target for 2024? 1 brokers have issued twelve-month target prices for Marine Products' shares. Their MPX share price targets range from $16.00 to $16.00. On average, they predict the company's stock price to reach $16.00 in the next twelve months. This suggests a possible upside of 40.0% from the stock's current price. View analysts price targets for MPX or view top-rated stocks among Wall Street analysts. How have MPX shares performed in 2024? Marine Products' stock was trading at $11.40 at the beginning of the year. Since then, MPX stock has increased by 0.3% and is now trading at $11.43. View the best growth stocks for 2024 here. When is Marine Products' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024. View our MPX earnings forecast. How were Marine Products' earnings last quarter? Marine Products Co. (NYSE:MPX) posted its earnings results on Thursday, January, 25th. The company reported $0.16 EPS for the quarter, missing analysts' consensus estimates of $0.19 by $0.03. The firm earned $70.87 million during the quarter. Marine Products had a net margin of 10.87% and a trailing twelve-month return on equity of 28.84%. During the same quarter in the previous year, the business posted $0.35 EPS. How often does Marine Products pay dividends? What is the dividend yield for Marine Products? Marine Products declared a quarterly dividend on Thursday, January 25th. Shareholders of record on Friday, February 9th will be paid a dividend of $0.14 per share on Monday, March 11th. This represents a $0.56 dividend on an annualized basis and a yield of 4.90%. The ex-dividend date of this dividend is Thursday, February 8th. Read our dividend analysis for MPX. Is Marine Products a good dividend stock? Marine Products (NYSE:MPX) pays an annual dividend of $0.56 per share and currently has a dividend yield of 5.21%. MPX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 45.90%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for MPX. What other stocks do shareholders of Marine Products own? Based on aggregate information from My MarketBeat watchlists, some companies that other Marine Products investors own include Weyerhaeuser (WY), KeyCorp (KEY), Altria Group (MO), NVIDIA (NVDA), Exxon Mobil (XOM), Freeport-McMoRan (FCX), Alibaba Group (BABA), Bank of America (BAC), Ford Motor (F) and Foot Locker (FL). Who are Marine Products' major shareholders? Marine Products' stock is owned by many different retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (1.87%), Gamco Investors INC. ET AL (1.51%), Vanguard Group Inc. (1.43%), Vanguard Group Inc. (1.42%), Teton Advisors Inc. (0.93%) and Northern Trust Corp (0.30%). View institutional ownership trends. How do I buy shares of Marine Products? Shares of MPX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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