DA Davidson Predicts Marine Products’ Q1 Earnings (NYSE:MPX)

Marine Products Co. (NYSE:MPX) – DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for Marine Products in a research report issued to clients and investors on Friday, February 14th. DA Davidson analyst B. Rolle expects that the company will post earnings per share of $0.08 for the quarter. The consensus estimate for Marine Products’ current full-year earnings is $0.50 per share. DA Davidson also issued estimates for Marine Products’ FY2026 earnings at $0.50 EPS.

Marine Products (NYSE:MPX) last issued its earnings results on Thursday, January 30th. The company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.05 by $0.07. Marine Products had a return on equity of 13.08% and a net margin of 7.55%.

Separately, StockNews.com raised shares of Marine Products from a “hold” rating to a “buy” rating in a research report on Friday, January 31st.

Marine Products Stock Performance

Shares of NYSE MPX opened at $8.88 on Monday. The business has a 50 day simple moving average of $9.17 and a 200 day simple moving average of $9.43. Marine Products has a 52 week low of $8.64 and a 52 week high of $12.47. The stock has a market cap of $308.05 million, a price-to-earnings ratio of 18.11 and a beta of 1.23.

Institutional Trading of Marine Products

Several large investors have recently made changes to their positions in the stock. Lazard Asset Management LLC lifted its holdings in Marine Products by 34.1% in the 4th quarter. Lazard Asset Management LLC now owns 16,226 shares of the company’s stock worth $148,000 after purchasing an additional 4,122 shares during the last quarter. Deprince Race & Zollo Inc. raised its position in shares of Marine Products by 17.5% in the fourth quarter. Deprince Race & Zollo Inc. now owns 265,280 shares of the company’s stock valued at $2,433,000 after purchasing an additional 39,418 shares during the period. Bank of America Corp DE lifted its stake in shares of Marine Products by 19.4% in the fourth quarter. Bank of America Corp DE now owns 14,277 shares of the company’s stock worth $131,000 after buying an additional 2,321 shares during the last quarter. Talon Private Wealth LLC bought a new stake in shares of Marine Products during the 4th quarter worth $148,000. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of Marine Products by 4.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 683,993 shares of the company’s stock worth $6,272,000 after buying an additional 27,628 shares during the period. Institutional investors own 13.86% of the company’s stock.

Marine Products Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Monday, February 10th will be issued a dividend of $0.14 per share. The ex-dividend date is Monday, February 10th. This represents a $0.56 annualized dividend and a yield of 6.31%. Marine Products’s dividend payout ratio (DPR) is currently 114.29%.

About Marine Products

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.