Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $7.02 USD
Change Today +0.01 / 0.14%
Volume 5.6K
As of 8:04 PM 08/31/15 All times are local (Market data is delayed by at least 15 minutes).

marine products corp (MPX) Snapshot

Open
$7.07
Previous Close
$7.01
Day High
$7.07
Day Low
$6.95
52 Week High
03/23/15 - $8.99
52 Week Low
07/24/15 - $5.73
Market Cap
267.9M
Average Volume 10 Days
13.8K
EPS TTM
$0.30
Shares Outstanding
38.2M
EX-Date
08/6/15
P/E TM
23.4x
Dividend
$0.16
Dividend Yield
2.71%
Current Stock Chart for MARINE PRODUCTS CORP (MPX)

Related News

No related news articles were found.

marine products corp (MPX) Related Businessweek News

No Related Businessweek News Found

marine products corp (MPX) Details

Marine Products Corporation designs, manufactures, and sells recreational fiberglass powerboats for the sportboat, deckboat, cruiser, sport yacht, jet boat, and sport fishing markets worldwide. It provides Chaparral sterndrive pleasure boats, including SSi and SSX sportboats, Sunesta sportdecks, Signature cruisers, SunCoast sportdeck outboards, Vortex Jet Boats, and Robalo outboard sport fishing boats, as well as H2O Sport, and Fish and Ski boats. The company sells its products to a network of 139 domestic and 86 international independent authorized dealers. Marine Products Corporation was founded in 1965 and is based in Atlanta, Georgia.

605 Employees
Last Reported Date: 02/27/15
Founded in 1965

marine products corp (MPX) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $450.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $225.0K
Executive Vice President, Director and Presid...
Total Annual Compensation: $250.0K
Vice President, Secretary, Director, Vice Pre...
Total Annual Compensation: $145.0K
Compensation as of Fiscal Year 2014.

marine products corp (MPX) Key Developments

Marine Products Corp. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; to Introduce Robalo 160 in 2016

Marine Products Corp. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported net sales of $59,498,000 compared to $47,975,000 a year ago, the increase in Net Sales were due to higher unit sales of Vortex Jet Boats during the quarter as compared to the prior year, as well as increased unit sales of Robalo outboard sport fishing boats and Chaparral SunCoast Sportdeck outboards during the quarter. Operating profit was $6,423,000 compared to $4,125,000 a year ago. Income before income taxes was $6,528,000 compared to $4,246,000 a year ago. Net income was $4,429,000 or $0.12 per basic and diluted share compared to $3,013,000 or $0.08 per basic and diluted share a year ago. Capital expenditures during the current quarter were $2.2 million, which is much higher than in previous periods. For the six months, the company reported net sales of $110,142,000 compared to $95,677,000 a year ago. Operating profit was $10,677,000 compared to $6,893,000 a year ago. Income before income taxes was $10,899,000 compared to $7,136,000 a year ago. Net income was $7,358,000 or $0.20 per basic and diluted share compared to $7,991,000 or $0.13 per basic and diluted share a year ago. For the 2016 model year, the company is introducing the Robalo 160, the smallest center console it has ever produced. This Robalo has all the same appointments, quality and value of its large Robalos but offers an alternative to boaters who want a smaller boat with the sturdiness and seaworthiness of a larger boat. This Robalo comes with a trailer, 3 choices of outboard power; and is available to boaters at a nationally advertised price of under $20,000. The company is believe this boat will open up the Robalo line to a new generation of first-time boaters. Another new model for 2016 is the Chaparral 237 SSX, the large and the latest addition to its premium-quality sportboat line. It incorporates many of the features of the larger SSX and features great interior styling and a lot of storage space.

Marine Products Corporation Declares Regular Quarterly Cash Dividend, Payable on September 10, 2015

Marine Products Corporation announced that its Board of Directors declared a regular quarterly cash dividend of $0.04 per share payable September 10, 2015 to common stockholders of record at the close of business on August 10, 2015.

Marine Products Corp. to Report Q2, 2015 Results on Jul 29, 2015

Marine Products Corp. announced that they will report Q2, 2015 results at 9:00 AM, Eastern Standard Time on Jul 29, 2015

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
MPX:US $7.02 USD +0.01

MPX Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Arctic Cat Inc $26.43 USD -0.12
Black Diamond Inc $7.45 USD -0.05
Escalade Inc $17.89 USD -0.11
Johnson Outdoors Inc $25.07 USD +1.66
MarineMax Inc $16.30 USD -0.04
View Industry Companies
 

Industry Analysis

MPX

Industry Average

Valuation MPX Industry Range
Price/Earnings 23.1x
Price/Sales 1.4x
Price/Book 3.1x
Price/Cash Flow 23.7x
TEV/Sales 1.3x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact MARINE PRODUCTS CORP, please visit www.marineproductscorp.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.