MarineMax (NYSE:HZO) Receives Buy Rating from B. Riley

B. Riley reiterated their buy rating on shares of MarineMax (NYSE:HZO) in a research note published on Friday, MarketBeat.com reports. B. Riley currently has a $29.00 price target on the specialty retailer’s stock, up from their previous price target of $27.00.

Several other equities research analysts have also recently commented on the company. Zacks Research raised MarineMax from a “strong sell” rating to a “hold” rating in a report on Friday, January 23rd. Truist Financial raised their target price on MarineMax from $26.00 to $29.00 and gave the stock a “buy” rating in a research note on Wednesday, October 15th. Citigroup reiterated a “buy” rating on shares of MarineMax in a report on Wednesday, January 14th. Wall Street Zen raised shares of MarineMax from a “sell” rating to a “hold” rating in a research report on Saturday, November 22nd. Finally, Weiss Ratings restated a “sell (d)” rating on shares of MarineMax in a research report on Thursday, January 22nd. Five investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $30.80.

MarineMax Price Performance

MarineMax stock opened at $27.12 on Friday. The company has a fifty day simple moving average of $25.64 and a 200-day simple moving average of $25.27. The firm has a market capitalization of $597.34 million, a price-to-earnings ratio of -10.12 and a beta of 1.65. The company has a quick ratio of 0.32, a current ratio of 1.19 and a debt-to-equity ratio of 0.37. MarineMax has a 52-week low of $16.85 and a 52-week high of $31.51.

MarineMax (NYSE:HZO) last posted its quarterly earnings results on Thursday, January 29th. The specialty retailer reported ($0.21) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.09). The business had revenue of $505.18 million for the quarter, compared to analyst estimates of $481.67 million. MarineMax had a positive return on equity of 1.13% and a negative net margin of 2.46%.The business’s revenue was up 7.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.17 earnings per share. On average, equities analysts anticipate that MarineMax will post 2.41 EPS for the current fiscal year.

Hedge Funds Weigh In On MarineMax

Large investors have recently made changes to their positions in the stock. Boothbay Fund Management LLC purchased a new stake in MarineMax in the third quarter valued at approximately $17,372,000. Divisadero Street Capital Management LP acquired a new stake in shares of MarineMax in the third quarter valued at $16,620,000. Invesco Ltd. raised its holdings in shares of MarineMax by 115.6% in the 2nd quarter. Invesco Ltd. now owns 716,078 shares of the specialty retailer’s stock valued at $18,002,000 after buying an additional 383,926 shares during the period. American Century Companies Inc. raised its holdings in shares of MarineMax by 16.6% in the 2nd quarter. American Century Companies Inc. now owns 2,432,173 shares of the specialty retailer’s stock valued at $61,145,000 after buying an additional 345,833 shares during the period. Finally, Gagnon Securities LLC acquired a new position in MarineMax during the 3rd quarter worth about $6,620,000. 92.85% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting MarineMax

Here are the key news stories impacting MarineMax this week:

• Positive Sentiment: Revenue and same‑store sales beat expectations: Q1 revenue of $505.2M (same‑store sales up >10%) and a 31.8% gross margin point to resilient demand in the retail/boating cycle, supporting sales-driven upside. Business Wire: Q1 Results
• Positive Sentiment: Balance‑sheet improvement: inventories fell ~$167.3M year‑over‑year at quarter end, reducing working capital pressure and easing a key investor concern for cyclical retailers. Business Wire: Inventory Disclosure
• Positive Sentiment: Analyst support: B. Riley reaffirmed a Buy and raised its price target to $29 (from $27), signaling some analyst confidence that shares still have upside from current levels. The Fly: B. Riley Raises PT
• Neutral Sentiment: FY‑2026 guidance updated to EPS $0.40–$0.95 (consensus ~$0.72); the wide range increases earnings uncertainty and leaves investors focused on margin recovery and seasonal demand cadence. See the company presentation for details. Earnings Presentation
• Negative Sentiment: Earnings miss and reported loss: Q1 EPS was ($0.21) vs. an expected ($0.12), producing a net loss and negative margin despite the revenue beat — a key driver of near‑term share weakness. Zacks: Q1 Loss, Revenue Beat
• Negative Sentiment: Margin pressure from promotional activity: management highlighted promotional discounting that compressed margins this quarter; analysts and commentary flagged this as the main reason revenue strength failed to translate into profits. Seeking Alpha: Margin Pressure
• Negative Sentiment: Stock reaction and volatility: coverage and headlines about the earnings miss drove intraday selling and analyst commentary that explain recent share weakness despite the revenue beat. Yahoo Finance: Why HZO Is Falling

About MarineMax

MarineMax, Inc is a publicly traded company on the New York Stock Exchange under the ticker HZO and is one of the largest recreational boat and yacht retailers in the United States. The company markets new and used motor yachts, sailing yachts, sport boats and personal watercraft, acting as an authorized dealer for leading manufacturers. In addition to boat sales, MarineMax provides service and maintenance, parts and accessory sales, training and education, and marina operations.

Operating through a network of sales centers, service facilities and marinas, MarineMax serves coastal and inland markets across the continental U.S.