Marine Products Corporation (MPX)

Marine Products Corp.'s stock price has been impacted by several events over the past six months. The Q3 2025 earnings missed forecasts, leading to a drop in shares, despite year-over-year sales growth. The Q4 2025 earnings met analyst estimates, surpassing the consensus estimate. MasterCraft Boat Holdings Inc. announced an agreement to acquire Marine Products Corporation, leading to a surge in Mastercraft Boat stock. A regular quarterly cash dividend of $0.14 per share was declared. Director Jerry W. Nix informed the board that he would not seek re-election. The company reported its Q2 2025 financial results, with net income and diluted EPS decreasing compared to the prior year period.

Demand for Marine Products Corp.'s recreational fiberglass powerboats is subject to seasonality. The company has been navigating cautious demand conditions, with dealers tightly managing inventories. Management anticipated generally flat year-over-year sales comparisons in the near-term, with potential for growth in the second half of 2025.

Marine Products Corp. specializes in the design, manufacture, and sale of recreational fiberglass powerboats, operating within the Consumer Cyclicals sector. The company produces fiberglass motorized boats distributed through independent authorized dealers, featuring Chaparral sterndrive and outboard pleasure boats, and Robalo outboard sport fishing boats. Marine Products Corporation is a subsidiary of LOR, Inc.

Marine Products Corp. sells its products through approximately 202 domestic and over 88 international independent authorized dealers. Manufacturing operations are primarily conducted from a single location in Nashville, Georgia, United States.

Marine Products Corporation maintains a strong brand reputation, with its Chaparral and Robalo brands recognized as industry leaders. The company aims to enhance the customer boating experience through high-quality, innovative powerboats.

Approximately 13.60% of Marine Products Corp.'s stock is held by institutional investors, 6.06% by insiders, and 80.33% by public companies and individual investors. Major institutional shareholders include Dimensional Fund Advisors Lp, BlackRock, Inc., and Vanguard Group Inc.