Marine Products (MPX) to Release Quarterly Earnings on Thursday

Marine Products (NYSE:MPX) is scheduled to release its earnings data before the market opens on Thursday, April 25th. Persons interested in listening to the company’s earnings conference call can do so using this link.

Marine Products (NYSE:MPX) last issued its quarterly earnings data on Thursday, January 25th. The company reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by ($0.03). The business had revenue of $70.87 million for the quarter. Marine Products had a return on equity of 28.84% and a net margin of 10.87%. During the same period in the previous year, the company posted $0.35 EPS.

Marine Products Trading Up 1.0 %

Shares of NYSE MPX opened at $11.24 on Wednesday. The stock has a 50 day simple moving average of $10.91 and a 200-day simple moving average of $10.98. The company has a market cap of $389.80 million, a PE ratio of 9.26 and a beta of 1.26. Marine Products has a 12-month low of $9.18 and a 12-month high of $17.81.

Marine Products Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 11th. Stockholders of record on Friday, February 9th were given a dividend of $0.14 per share. The ex-dividend date of this dividend was Thursday, February 8th. This represents a $0.56 annualized dividend and a dividend yield of 4.98%. Marine Products’s dividend payout ratio is presently 45.90%.

Marine Products Company Profile

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.