B. Riley Weighs in on MarineMax’s FY2026 Earnings (NYSE:HZO)

MarineMax, Inc. (NYSE:HZO) – Stock analysts at B. Riley dropped their FY2026 earnings estimates for shares of MarineMax in a note issued to investors on Monday, November 24th. B. Riley analyst A. Glaessgen now anticipates that the specialty retailer will post earnings per share of $0.73 for the year, down from their previous forecast of $0.80. The consensus estimate for MarineMax’s current full-year earnings is $2.41 per share.

MarineMax (NYSE:HZO) last released its quarterly earnings data on Thursday, November 13th. The specialty retailer reported ($0.04) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.15) by $0.11. MarineMax had a negative net margin of 1.15% and a positive return on equity of 2.63%. The company had revenue of $552.15 million during the quarter, compared to the consensus estimate of $533.05 million. During the same quarter in the prior year, the firm posted $0.24 earnings per share. MarineMax’s revenue for the quarter was down 1.9% on a year-over-year basis. MarineMax has set its FY 2026 guidance at 0.400-0.950 EPS.

Other equities research analysts also recently issued reports about the company. Wall Street Zen raised MarineMax from a “sell” rating to a “hold” rating in a report on Saturday. Weiss Ratings reiterated a “sell (d)” rating on shares of MarineMax in a research report on Wednesday, October 8th. Truist Financial raised their price objective on shares of MarineMax from $26.00 to $29.00 and gave the stock a “buy” rating in a research report on Wednesday, October 15th. Finally, Zacks Research cut shares of MarineMax from a “hold” rating to a “strong sell” rating in a report on Wednesday, October 22nd. Five research analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $34.00.

MarineMax Trading Up 5.8%

HZO opened at $24.71 on Wednesday. The firm has a market cap of $540.47 million, a price-to-earnings ratio of -18.44 and a beta of 1.60. MarineMax has a 52 week low of $16.85 and a 52 week high of $35.46. The business’s 50 day moving average is $24.99 and its two-hundred day moving average is $24.83. The company has a quick ratio of 0.29, a current ratio of 1.21 and a debt-to-equity ratio of 0.38.

Institutional Investors Weigh In On MarineMax

A number of institutional investors have recently added to or reduced their stakes in the business. Levin Capital Strategies L.P. lifted its holdings in shares of MarineMax by 44.5% in the 2nd quarter. Levin Capital Strategies L.P. now owns 734,279 shares of the specialty retailer’s stock valued at $18,460,000 after buying an additional 225,992 shares during the period. Campbell & CO Investment Adviser LLC acquired a new position in MarineMax during the second quarter worth $392,000. Private Management Group Inc. raised its position in MarineMax by 4.3% in the second quarter. Private Management Group Inc. now owns 583,220 shares of the specialty retailer’s stock worth $14,662,000 after acquiring an additional 24,124 shares in the last quarter. Interval Partners LP lifted its holdings in MarineMax by 181.2% in the first quarter. Interval Partners LP now owns 241,139 shares of the specialty retailer’s stock valued at $5,184,000 after acquiring an additional 155,382 shares during the period. Finally, AlphaQuest LLC boosted its position in shares of MarineMax by 504.7% during the 2nd quarter. AlphaQuest LLC now owns 20,548 shares of the specialty retailer’s stock worth $517,000 after purchasing an additional 17,150 shares in the last quarter. Hedge funds and other institutional investors own 92.85% of the company’s stock.

MarineMax Company Profile

MarineMax, Inc operates as a recreational boat and yacht retailer and superyacht services company in the United States. It operates in two segments, Retail Operations and Product Manufacturing. The company sells new and used recreational boats, including pleasure and fishing boats, mega-yachts, yachts, sport cruisers, motor yachts, e-power yachts, pontoon boats, ski boats, jet boats, and other recreational boats.