MarineMax (NYSE:HZO) Releases FY 2026 Earnings Guidance
by Amy Steele · The Cerbat GemMarineMax (NYSE:HZO – Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 0.400-0.950 for the period, compared to the consensus estimate of 0.730. The company issued revenue guidance of -.
Analyst Ratings Changes
Several research firms recently weighed in on HZO. Truist Financial lifted their price target on MarineMax from $34.00 to $39.00 and gave the company a “buy” rating in a research report on Monday, July 6th. B. Riley Financial lowered MarineMax from a “buy” rating to a “neutral” rating and set a $35.00 price objective for the company. in a research report on Tuesday. Citigroup reissued a “buy” rating on shares of MarineMax in a research report on Friday, April 24th. Northcoast Research set a $39.00 target price on shares of MarineMax in a report on Friday. Finally, Weiss Ratings raised shares of MarineMax from a “sell (d)” rating to a “sell (d+)” rating in a research report on Tuesday, May 12th. Four analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $35.40.
Read Our Latest Research Report on HZO
MarineMax Stock Performance
MarineMax stock opened at $36.39 on Friday. MarineMax has a twelve month low of $21.41 and a twelve month high of $38.14. The company has a quick ratio of 0.32, a current ratio of 1.23 and a debt-to-equity ratio of 0.35. The company has a market capitalization of $801.69 million, a P/E ratio of 259.94 and a beta of 1.58. The stock’s 50 day moving average is $34.59 and its 200 day moving average is $30.63.
MarineMax (NYSE:HZO – Get Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The specialty retailer reported $0.81 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.01). MarineMax had a net margin of 0.18% and a return on equity of 1.51%. The company had revenue of $611.26 million for the quarter, compared to analysts’ expectations of $682.29 million. During the same quarter in the previous year, the firm posted ($2.42) EPS. The firm’s quarterly 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. On average, equities research analysts predict that MarineMax will post 0.74 earnings per share for the current fiscal year.
Key Stories Impacting MarineMax
Here are the key news stories impacting MarineMax this week:
- Positive Sentiment: Reuters reported that Blackstone and Donerail are among the final bidders for MarineMax as the company explores a sale. Potential acquisition interest can lift shares on the chance of a premium buyout offer. Reuters article
- Positive Sentiment: MarineMax’s fiscal third-quarter results showed improving profitability trends, with gross margin rising sharply to 35.7% thanks to better boat margins and growth in higher-margin businesses. Business Wire article
- Neutral Sentiment: Management updated FY 2026 EPS guidance to $0.40-$0.95, which brackets Wall Street expectations and does not signal a major immediate surprise. Business Wire article
- Neutral Sentiment: The company’s quarter still showed soft top-line performance, with revenue of $611.3 million below analyst expectations and down 7% year over year, suggesting demand remains uneven. Business Wire article
- Negative Sentiment: Adjusted earnings of $0.81 per share only matched or slightly missed estimates, which may limit upside from the earnings report alone. Business Wire article
Hedge Funds Weigh In On MarineMax
Hedge funds have recently bought and sold shares of the company. Russell Investments Group Ltd. increased its stake in MarineMax by 93.5% during the 3rd quarter. Russell Investments Group Ltd. now owns 1,672 shares of the specialty retailer’s stock valued at $42,000 after purchasing an additional 808 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of MarineMax by 129.3% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,313 shares of the specialty retailer’s stock worth $135,000 after buying an additional 2,996 shares in the last quarter. Jones Financial Companies Lllp purchased a new stake in shares of MarineMax during the first quarter valued at approximately $168,000. DRW Securities LLC purchased a new stake in shares of MarineMax during the fourth quarter valued at approximately $218,000. Finally, AQR Capital Management LLC increased its position in shares of MarineMax by 3.9% during the fourth quarter. AQR Capital Management LLC now owns 9,471 shares of the specialty retailer’s stock valued at $229,000 after acquiring an additional 358 shares in the last quarter. Institutional investors own 92.85% of the company’s stock.
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.