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Marine Products Corp.

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$8.52

0.06 (0.71%)

Live

Previous Close

$8.52

Day Range

$8.18 - $8.54

Previous Day Range

$8.35 - $8.585

Market Cap

$296.1 million USD

Day Vol.

28331

Previous Day Vol.

38415

Currency

USD

Primary Exchange

New York Stock Exchange

Marine Products Corp is a manufacturer of fiberglass motorized boats distributed and marketed through its independent dealer network. The company's only operating segment is Powerboat Manufacturing Business. It operates in the powerboat manufacturing...

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Recent News

Jesterai - Marine Products Q2 Sales Down 3 Percent

Marine Products reported Q2 2025 earnings with a 3% decline in net sales to $67.7 million, primarily due to a 13% drop in boat unit sales, though partially offset by a 10% price/mix gain. The company maintains a strong cash position of $50.2 million with no debt and continues to focus on inventory management and product innovation.

Related tickers: MPX.

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Prnewswire - Marine Products Corporation Reports Fourth Quarter And Full Year 2024 Financial Results And Declares Regular Quarterly Dividend

Marine Products Corporation reported a 33% year-over-year decrease in Q4 2024 net sales to $47.8 million, with net income down 21% to $4.3 million. The company cited continued soft order flow and high dealer inventories, but expects sales comparisons to be flat in the near-term with potential for growth in the second half of 2025.

Related tickers: MPX.

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