DA Davidson initiated coverage on Marine Products with a new price target
$MPX
Marine Transportation
Industrials
DA Davidson initiated coverage of Marine Products with a rating of Neutral and set a new price target of $16.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/23/2023 | $16.00 | Neutral | DA Davidson |
4 - MARINE PRODUCTS CORP (0001129155) (Issuer)
4 - MARINE PRODUCTS CORP (0001129155) (Issuer)
4 - MARINE PRODUCTS CORP (0001129155) (Issuer)
DA Davidson initiated coverage of Marine Products with a rating of Neutral and set a new price target of $16.00
425 - MARINE PRODUCTS CORP (0001129155) (Subject)
425 - MARINE PRODUCTS CORP (0001129155) (Subject)
425 - MARINE PRODUCTS CORP (0001129155) (Subject)
ATLANTA, Feb. 5, 2026 /PRNewswire/ -- Marine Products Corporation (NYSE:MPX) (the "Company"), a leading manufacturer of fiberglass boats, announced its unaudited results for the fourth quarter and full year ended December 31, 2025. * Non-GAAP measures, including EBITDA, EBITDA margin, adjusted net income, adjusted net income margin, and free cash flow are reconciled to the most directly comparable GAAP measures in the appendices of this earnings release. * All comparisons are year-over-year to 4Q:24 unless stated otherwise. Fourth Quarter 2025 Results Net sales increased 35% year-over-year to $64.6 millionNet income was $2.4 million, down 45% year-over-year, and diluted Earnings Per Share (
Combination of MasterCraft, Crest, Balise, Chaparral, and Robalo Creates a Portfolio of Leading Brands Across Four Distinct Categories, More Than Doubling Consumer Reach Expanded Geographic Coverage and Offerings to Unlock Growth Opportunities Through Complementary Coastal and Inland Dealer Networks Expected to Deliver Differentiated and Innovative New Products While Accelerating New Model Launches Attractive Financial Profile and Robust Balance Sheet to Drive Growth, Value Creation, and Focused Capital Allocation Expected to be Accretive to Adjusted EPS in Fiscal 2027 MasterCraft to Host Conference Call at 8:30 AM ET to Discuss Second Quarter Results and Transaction Details VONORE, T
ATLANTA, Jan. 28, 2026 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.14 per share payable March 10, 2026 to common stockholders of record at the close of business on February 10, 2026. About Marine Products Corporation Marine Products Corporation is a leading manufacturer of high-quality fiberglass boats under the brand names Chaparral and Robalo. Chaparral's sterndrive models include SSi Sportboats, SSX Luxury Sportboats, and the SURF Series. Chaparral's outboard offerings include OSX Luxury Sportboats and SSi Outboard Bowriders. Robalo builds an array of outboard sport fishing models,
ATLANTA, July 14, 2025 /PRNewswire/ -- Marine Products Corporation (NYSE:MPX) announced today the appointment of Gary Kolstad to the Board of Directors of the Company. Kolstad holds a B.S. Degree from Montana Technological University in petroleum engineering and studied Psychology and Engineering at Montana State University-Bozeman. After a long career in various positions at a large, international company, he served as Chairman and CEO of public and private companies and currently holds multiple Advisory Board Member and Investor positions. Richard A. Hubbell, Chairman of the Board of Marine Products Corporation stated, "Gary Kolstad's board and management experience has been beneficial t
ATLANTA, Oct. 31, 2022 /PRNewswire/ -- Marine Products Corporation (NYSE:MPX) announced today the appointment of Amy Rollins Kreisler to the Board of Directors of the Company. Kreisler holds an English Degree from Hollins University and a Law Degree from The College of William and Mary Law School and is a former attorney of the law firm Arnall Golden and Gregory LLP. Mrs. Kreisler is a Trustee on The Lovett School Board of Trustees and also serves on the Executive Committee. She is also a member of the Dean's Council at the Rollins School of Public Health at Emory University. Additionally, she is Executive Director of the O. Wayne Rollins Foundation and a Trustee of the Ma-Ran Foundation.
ATLANTA, May 17, 2022 /PRNewswire/ -- Marine Products Corporation (NYSE:MPX) today announced several changes within its senior leadership team and among its Board of Directors. Marine Products is a leading manufacturer of fiberglass boats under the brand names of Chaparral and Robalo. Chaparral's sterndrive models include SSi and SSX, along with the Chaparral Surf Series. Chaparral's outboard offerings include OSX Luxury Sportboats, and SSi and SSX outboard models. Robalo builds an array of outboard sport fishing boats, which include center consoles, dual consoles and Cayman Bay Boat models.
ATLANTA, Feb. 5, 2026 /PRNewswire/ -- Marine Products Corporation (NYSE:MPX) (the "Company"), a leading manufacturer of fiberglass boats, announced its unaudited results for the fourth quarter and full year ended December 31, 2025. * Non-GAAP measures, including EBITDA, EBITDA margin, adjusted net income, adjusted net income margin, and free cash flow are reconciled to the most directly comparable GAAP measures in the appendices of this earnings release. * All comparisons are year-over-year to 4Q:24 unless stated otherwise. Fourth Quarter 2025 Results Net sales increased 35% year-over-year to $64.6 millionNet income was $2.4 million, down 45% year-over-year, and diluted Earnings Per Share (
Combination of MasterCraft, Crest, Balise, Chaparral, and Robalo Creates a Portfolio of Leading Brands Across Four Distinct Categories, More Than Doubling Consumer Reach Expanded Geographic Coverage and Offerings to Unlock Growth Opportunities Through Complementary Coastal and Inland Dealer Networks Expected to Deliver Differentiated and Innovative New Products While Accelerating New Model Launches Attractive Financial Profile and Robust Balance Sheet to Drive Growth, Value Creation, and Focused Capital Allocation Expected to be Accretive to Adjusted EPS in Fiscal 2027 MasterCraft to Host Conference Call at 8:30 AM ET to Discuss Second Quarter Results and Transaction Details VONORE, T
ATLANTA, Jan. 28, 2026 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.14 per share payable March 10, 2026 to common stockholders of record at the close of business on February 10, 2026. About Marine Products Corporation Marine Products Corporation is a leading manufacturer of high-quality fiberglass boats under the brand names Chaparral and Robalo. Chaparral's sterndrive models include SSi Sportboats, SSX Luxury Sportboats, and the SURF Series. Chaparral's outboard offerings include OSX Luxury Sportboats and SSi Outboard Bowriders. Robalo builds an array of outboard sport fishing models,
SC 13D/A - MARINE PRODUCTS CORP (0001129155) (Subject)
SC 13D/A - MARINE PRODUCTS CORP (0001129155) (Subject)