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Marine Products NYSE:MPX Stock Report

Last Price

US$9.56

Market Cap

US$336.4m

7D

-3.0%

1Y

-1.5%

Updated

20 Nov, 2024

Data

Company Financials +

Marine Products Corporation

NYSE:MPX Stock Report

Market Cap: US$336.4m

MPX Stock Overview

Designs, manufactures, and sells recreational fiberglass powerboats for the sport boat and sport fishing boat markets worldwide. More details

MPX fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends4/6

Marine Products Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Marine Products
Historical stock prices
Current Share PriceUS$9.56
52 Week HighUS$12.47
52 Week LowUS$8.86
Beta1.21
11 Month Change1.92%
3 Month Change5.87%
1 Year Change-1.54%
33 Year Change-20.47%
5 Year Change-37.11%
Change since IPO367.61%

Recent News & Updates

Recent updates

Marine Products: Uncertainty Persists With Slight Optimism After Q3 Weakness

Nov 19

Some Investors May Be Willing To Look Past Marine Products' (NYSE:MPX) Soft Earnings

Oct 31
Some Investors May Be Willing To Look Past Marine Products' (NYSE:MPX) Soft Earnings

Marine Products (NYSE:MPX) Will Pay A Dividend Of $0.14

Oct 27
Marine Products (NYSE:MPX) Will Pay A Dividend Of $0.14

Marine Products: In The Midst Of A Rough Patch But Still Profitable

Aug 29

A Look At The Intrinsic Value Of Marine Products Corporation (NYSE:MPX)

Jul 17
A Look At The Intrinsic Value Of Marine Products Corporation (NYSE:MPX)

Marine Products: Cheap, Resilient Cash Flows During Industry Turbulence (Rating Upgrade)

Jun 07

Marine Products (NYSE:MPX) Has Announced A Dividend Of $0.14

Apr 28
Marine Products (NYSE:MPX) Has Announced A Dividend Of $0.14

There Are Reasons To Feel Uneasy About Marine Products' (NYSE:MPX) Returns On Capital

Feb 13
There Are Reasons To Feel Uneasy About Marine Products' (NYSE:MPX) Returns On Capital

Marine Products: Quiet Compounder And Potential M&A Target

Jan 08

Improved Earnings Required Before Marine Products Corporation (NYSE:MPX) Stock's 25% Jump Looks Justified

Dec 27
Improved Earnings Required Before Marine Products Corporation (NYSE:MPX) Stock's 25% Jump Looks Justified

Marine Products: Expecting A Storm Ahead

Dec 16

Marine Products: Good Long-Term Prospects, But Risks Outweigh Rewards In The Near Term

Oct 10

Marine Products: Strong Financial Metrics, Moderate Revenue Growth

Sep 07

Is It Time To Consider Buying Marine Products Corporation (NYSE:MPX)?

Sep 01
Is It Time To Consider Buying Marine Products Corporation (NYSE:MPX)?

Shareholders Are Optimistic That Marine Products (NYSE:MPX) Will Multiply In Value

Aug 14
Shareholders Are Optimistic That Marine Products (NYSE:MPX) Will Multiply In Value

Marine Products Corporation: Still Strong Trends And Upside Potential

Jun 22

Is Now The Time To Put Marine Products (NYSE:MPX) On Your Watchlist?

Jun 09
Is Now The Time To Put Marine Products (NYSE:MPX) On Your Watchlist?

Marine Products (NYSE:MPX) Is Reinvesting To Multiply In Value

May 02
Marine Products (NYSE:MPX) Is Reinvesting To Multiply In Value

Marine Products declares $0.14 dividend

Jan 25

Marine Products Corporation: A Microcap Gem

Dec 20

Marine Products Is A Cash Cow

Nov 07

Marine Products raises dividend by ~17% to $0.14

Oct 26

Calculating The Fair Value Of Marine Products Corporation (NYSE:MPX)

Sep 15
Calculating The Fair Value Of Marine Products Corporation (NYSE:MPX)

Marine Products Stock: Shares Still Offer Upside, But They Aren't The Best Out There

Aug 16

Marine Products (NYSE:MPX) Has Affirmed Its Dividend Of $0.12

Jul 30
Marine Products (NYSE:MPX) Has Affirmed Its Dividend Of $0.12

Marine Products GAAP EPS of $0.29, revenue of $95.8M

Jul 27

Shareholders Are Optimistic That Marine Products (NYSE:MPX) Will Multiply In Value

Jul 20
Shareholders Are Optimistic That Marine Products (NYSE:MPX) Will Multiply In Value

A Look At The Intrinsic Value Of Marine Products Corporation (NYSE:MPX)

Jun 13
A Look At The Intrinsic Value Of Marine Products Corporation (NYSE:MPX)

A Look Into Marine Products' (NYSE:MPX) Impressive Returns On Capital

Apr 18
A Look Into Marine Products' (NYSE:MPX) Impressive Returns On Capital

Marine Products Stock: Still A Solid Prospect, But Not A Great Prospect

Apr 03

3 Reasons That The Tide Is Turning For Marine Products

Dec 04

Shareholder Returns

MPXUS LeisureUS Market
7D-3.0%-2.4%-1.0%
1Y-1.5%2.3%30.3%

Return vs Industry: MPX underperformed the US Leisure industry which returned 3.7% over the past year.

Return vs Market: MPX underperformed the US Market which returned 30.4% over the past year.

Price Volatility

Is MPX's price volatile compared to industry and market?
MPX volatility
MPX Average Weekly Movement3.7%
Leisure Industry Average Movement5.7%
Market Average Movement6.2%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market3.1%

Stable Share Price: MPX has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: MPX's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1965690Ben Palmerwww.marineproductscorp.com

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.

Marine Products Corporation Fundamentals Summary

How do Marine Products's earnings and revenue compare to its market cap?
MPX fundamental statistics
Market capUS$336.37m
Earnings (TTM)US$19.01m
Revenue (TTM)US$259.61m

17.5x

P/E Ratio

1.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MPX income statement (TTM)
RevenueUS$259.61m
Cost of RevenueUS$209.81m
Gross ProfitUS$49.80m
Other ExpensesUS$30.80m
EarningsUS$19.01m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.55
Gross Margin19.18%
Net Profit Margin7.32%
Debt/Equity Ratio0%

How did MPX perform over the long term?

See historical performance and comparison

Dividends

5.9%

Current Dividend Yield

102%

Payout Ratio

Does MPX pay a reliable dividends?

See MPX dividend history and benchmarks
When do you need to buy MPX by to receive an upcoming dividend?
Marine Products dividend dates
Ex Dividend DateNov 08 2024
Dividend Pay DateDec 10 2024
Days until Ex dividend13 days
Days until Dividend pay date19 days

Does MPX pay a reliable dividends?

See MPX dividend history and benchmarks