MarineMax (NYSE:HZO) Updates FY 2026 Earnings Guidance

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

MarineMax Price Performance

Shares of MarineMax stock traded up $0.48 during trading on Thursday, reaching $29.77. 140,567 shares of the company’s stock were exchanged, compared to its average volume of 415,257. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.29 and a current ratio of 1.19. MarineMax has a 1-year low of $20.36 and a 1-year high of $32.00. The company has a market cap of $655.77 million, a P/E ratio of -11.05 and a beta of 1.65. The firm’s 50-day moving average price is $27.85 and its 200 day moving average price is $26.41.

MarineMax (NYSE:HZO) last posted its quarterly earnings results on Thursday, April 23rd. The specialty retailer reported $0.04 EPS for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.07. MarineMax had a positive return on equity of 1.13% and a negative net margin of 2.46%.The company had revenue of $527.41 million during the quarter, compared to analysts’ expectations of $617.21 million. During the same quarter in the previous year, the firm earned $0.23 EPS. MarineMax’s revenue was down 16.5% on a year-over-year basis. MarineMax has set its FY 2026 guidance at 0.400-0.950 EPS. As a group, research analysts anticipate that MarineMax will post 0.7 earnings per share for the current year.

MarineMax declared that its board has initiated a share buyback plan on Wednesday, March 4th that allows the company to repurchase $100.00 million in outstanding shares. This repurchase authorization allows the specialty retailer to reacquire up to 15.3% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s leadership believes its stock is undervalued.

Analyst Ratings Changes

A number of research analysts have issued reports on HZO shares. Citigroup reiterated a “buy” rating on shares of MarineMax in a research report on Wednesday, January 14th. National Bank Financial set a $35.00 target price on MarineMax in a research report on Friday, January 30th. Zacks Research upgraded MarineMax from a “strong sell” rating to a “hold” rating in a research report on Friday, January 23rd. Truist Financial set a $34.00 target price on MarineMax in a research report on Tuesday. Finally, Benchmark reiterated a “buy” rating on shares of MarineMax in a research report on Friday, January 30th. Five analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $31.80.

Institutional Trading of MarineMax

Several hedge funds and other institutional investors have recently made changes to their positions in HZO. Russell Investments Group Ltd. grew its holdings in shares of MarineMax by 93.5% during the third quarter. Russell Investments Group Ltd. now owns 1,672 shares of the specialty retailer’s stock worth $42,000 after purchasing an additional 808 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of MarineMax by 129.3% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,313 shares of the specialty retailer’s stock worth $135,000 after purchasing an additional 2,996 shares during the last quarter. Jones Financial Companies Lllp bought a new stake in shares of MarineMax during the first quarter worth about $168,000. DRW Securities LLC bought a new stake in shares of MarineMax during the fourth quarter worth about $218,000. Finally, AQR Capital Management LLC grew its holdings 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 worth $229,000 after purchasing an additional 358 shares during the last quarter. 92.85% of the stock is currently owned by institutional investors.

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.