Marine Products Corporation (MPX)
NYSE NYSE Primary 
XMEX 
Marine Products Corporation (MPX) Q2 2025 Earnings Call Transcript
Marine Products Corporation (NYSE:MPX ) Q2 2025 Earnings Conference Call July 24, 2025 8:00 AM ET Company Participants Ben M. Palmer - President, CEO & Director Michael L.
Marine Products Corporation: Riding Out The Pain Offers Upside
Marine Products Corporation faces near-term headwinds from weak demand, inflation, and interest rates, making current fundamentals look fairly valued rather than cheap. Despite recent underperformance and lack of clear guidance, the company's debt-free balance sheet and strong cash position provide resilience and downside protection. Management is cautiously optimistic for sales growth in the second half of the year as dealer inventories stabilize, though visibility remains limited.
Marine Products Corporation (MPX) Q1 2025 Earnings Call Transcript
Marine Products Corporation (NYSE:MPX ) Q1 2025 Earnings Conference Call April 24, 2025 8:00 AM ET Company Participants Ben Palmer – President and Chief Executive Officer Mike Schmit – Chief Financial Officer Conference Call Participants Operator Good morning, and thank you for joining us for the Marine Products Corporation's First Quarter 2025 Earnings Conference Call. Today's call will be hosted by Ben Palmer, President and CEO; and Mike Schmit, Chief Financial Officer.
Marine Products Corporation: Attractive If You Can Handle The Bumpy Cruise
Marine Products Corporation faces declining sales and profits, with shares plunging 33.7% despite a strong balance sheet and no debt. The boating industry is struggling due to lower demand, high-interest rates, and post-pandemic inventory issues, impacting Marine Products' revenue and profitability. Tariffs pose additional risks, but the company's robust cash position and potential for recovery justify a cautious 'buy' rating for risk-tolerant investors.
Marine Products Corporation (MPX) Q4 2024 Earnings Call Transcript
Marine Products Corporation (NYSE:MPX ) Q4 2024 Earnings Call January 30, 2025 8:00 AM ET Company Participants Ben Palmer - President and Chief Executive Officer Mike Schmit - Chief Financial Officer Conference Call Participants Griffin Bryan - D.A. Davidson Operator Good morning and thank you for joining us for Marine Products Corporation Fourth Quarter and Year End 2024 Financial Earnings Conference Call.
Marine Products: Uncertainty Persists With Slight Optimism After Q3 Weakness
Marine Products' Q3 results were weak amid industry turbulence. The company slightly underperformed peers in the quarter, but the underperformance fell within short-term turbulence. The industry outlook remains uncertain as customers are still waiting for more extensive rate cuts. On the other hand, normalizing dealer inventory levels suggests slight optimism for manufacturers. I again estimate the MPX stock to be undervalued, now with a 44% upside into a fair value of $13.97.
Marine Products Corporation (MPX) Q3 2024 Earnings Call Transcript
Marine Products Corporation (NYSE:MPX ) Q3 2024 Earnings Conference Call October 24, 2024 8:00 AM ET Company Participants Ben Palmer - President and CEO Mike Schmit - Chief Financial Officer Conference Call Participants Griffin Bryan - D.A. Davidson Operator Good morning.
Marine Products: In The Midst Of A Rough Patch But Still Profitable
The current company's quarterly dividend represents an annual dividend yield of close to 6%. Earlier this year, the company paid a massive special dividend in combination with the regular quarterly dividend, for a total of $0.84 per share. The company now experiences a down cycle, but still manages to remain profitable.
Marine Products: Cheap, Resilient Cash Flows During Industry Turbulence (Rating Upgrade)
MPX's revenue declines in Q4 and Q1 have been deeper than previously anticipated as industry challenges persist. Excess dealership inventories and weak consumer confidence continue to ravage demand, but an eventual industry recovery should happen with interest rates playing a key role. Despite the challenges, MPX has maintained high margins and has a strong balance sheet leaving potential for M&A or excess capital distribution.
