Marine Products Corporation (MPX)

In the past six months, Marine Products Corp. experienced a 52-week low of $7.49 on April 9, 2025. The company reported Q1 2025 GAAP EPS of $0.06 and revenue of $59 million on April 24, 2025, anticipating full-year capital expenditures of $3 million. On July 24, 2025, Q2 2025 financial results were announced, with GAAP EPS of $0.12, revenue of $67.698 million, and a net profit of $4.162 million, along with a declared dividend of $0.14. In September 2025, reports indicated investors had experienced a 30% loss over five years, with sales challenges due to dealer hesitations and high interest rates. On October 7, 2025, the date for the Q3 2025 financial results was announced. On October 21, 2025, MPX closed at $8.75, a 16.82% increase from its 52-week low, and the company outlined its 2026 model year strategy, anticipating moderating sales decline and stable inventory.

The demand for Marine Products Corp.'s boats is subject to significant seasonality, with spring being the peak buying season and winter being the slowest. Winter and the boat show season can be an opportune time to buy new boats, while late fall and early winter often offer the most significant discounts for used boats. Google Trends data shows peak interest in "boats for sale" from January through July or August.

Marine Products Corp. specializes in recreational fiberglass powerboats for the sport boat and sport fishing markets, offering sterndrive and outboard pleasure boats under the Chaparral brand and offshore fishing boats under the Robalo brand. Established in 1965, the company is headquartered in Atlanta, Georgia.

Marine Products Corp. distributes its boats through independent dealers across North America and international markets, with approximately 202 domestic authorized dealers and over 88 international dealers. The company's manufacturing operations are located in Nashville, Valdosta, and Georgia, with key states for boat sales including Florida, Texas, Michigan, North Carolina, and Minnesota.

Marine Products Corp. has a strong reputation for producing high-quality, innovative, and reliable marine vessels, earning industry accolades and fostering a loyal customer base. Morningstar assesses the company's uncertainty as "Medium" as of October 25, 2025. PitchBook's ESG Risk Rating categorizes Marine Products Corp. as "Low Risk" with a score of 12.76 as of September 26, 2025, indicating favorable sustainability performance.

LOR, Inc. is the largest shareholder of Marine Products Corp., holding 54.75% of the shares as of February 27, 2025. Other significant institutional owners include RFA Management Company, LLC, GAMCO Investors, Inc., Dimensional Fund Advisors LP, BlackRock, Inc., and The Vanguard Group, Inc. Insiders hold 75.20% of the company's stock, while institutions own 13.86%.