MarineMax (NYSE:HZO) Updates FY 2026 Earnings Guidance

MarineMax (NYSE:HZO) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.400-0.950 for the period, compared to the consensus estimate of 0.730. The company issued revenue guidance of -.

MarineMax Stock Performance

MarineMax stock traded down $0.92 during midday trading on Thursday, reaching $32.00. 36,390 shares of the company traded hands, compared to its average volume of 373,398. The business has a 50 day moving average of $34.54 and a two-hundred day moving average of $30.53. The firm has a market capitalization of $704.87 million, a price-to-earnings ratio of -10.84 and a beta of 1.58. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.18 and a quick ratio of 0.32. MarineMax has a 12 month low of $21.41 and a 12 month high of $38.14.

MarineMax (NYSE:HZO) last posted its quarterly earnings data on Thursday, July 23rd. The specialty retailer reported $0.81 earnings per share for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.01). MarineMax had a negative net margin of 2.83% and a positive return on equity of 0.68%. During the same period in the previous year, the firm earned ($2.42) EPS. The business’s revenue was down 7.0% compared to the same quarter last year. MarineMax has set its FY 2026 guidance at 0.400-0.950 EPS. As a group, research analysts predict that MarineMax will post 0.74 earnings per share for the current year.

Analysts Set New Price Targets

Several brokerages recently issued reports on HZO. B. Riley Financial lowered shares of MarineMax from a “buy” rating to a “neutral” rating and set a $35.00 price objective on the stock. in a report on Tuesday. Weiss Ratings raised shares of MarineMax from a “sell (d)” rating to a “sell (d+)” rating in a report on Tuesday, May 12th. Citigroup restated a “buy” rating on shares of MarineMax in a research report on Friday, April 24th. Finally, Truist Financial upped their price target on MarineMax from $34.00 to $39.00 and gave the stock a “buy” rating in a report on Monday, July 6th. Four research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $34.50.

Hedge Funds Weigh In On MarineMax

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. State Street Corp increased its holdings in shares of MarineMax by 11.0% in the 4th quarter. State Street Corp now owns 953,009 shares of the specialty retailer’s stock valued at $23,091,000 after purchasing an additional 94,356 shares in the last quarter. Invesco Ltd. increased its holdings in MarineMax by 115.6% in the second 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 in the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of MarineMax by 22.6% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 592,471 shares of the specialty retailer’s stock valued at $14,356,000 after acquiring an additional 109,241 shares during the period. Goldman Sachs Group Inc. boosted its stake in shares of MarineMax by 12.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 434,110 shares of the specialty retailer’s stock worth $10,518,000 after acquiring an additional 49,579 shares in the last quarter. Finally, Bridgeway Capital Management LLC increased its stake in MarineMax by 6.6% in the 4th quarter. Bridgeway Capital Management LLC now owns 150,922 shares of the specialty retailer’s stock valued at $3,657,000 after purchasing an additional 9,366 shares in the last quarter. Hedge funds and other institutional investors own 92.85% of the company’s stock.

MarineMax Company Profile

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.