MarineMax (NYSE:HZO) Releases FY 2026 Earnings Guidance

MarineMax (NYSE:HZO) issued an update on 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 -.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on HZO. Weiss Ratings upgraded MarineMax from a “sell (d)” rating to a “sell (d+)” rating in a research report on Tuesday, May 12th. 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 research note on Friday. B. Riley Financial cut MarineMax from a “buy” rating to a “neutral” rating and set a $35.00 price target on the stock. in a research report on Tuesday. Finally, Truist Financial upped their price target on MarineMax from $34.00 to $39.00 and gave the stock a “buy” rating in a research note 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’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $35.40.

MarineMax Stock Performance

HZO stock opened at $33.46 on Friday. The stock’s fifty day moving average price is $34.52 and its 200-day moving average price is $30.59. The company has a market cap of $737.08 million, a P/E ratio of -11.38 and a beta of 1.58. MarineMax has a 1 year low of $21.41 and a 1 year high of $38.14. 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 (NYSE:HZO) last released its quarterly earnings results on Thursday, July 23rd. The specialty retailer reported $0.81 earnings per share for the quarter, missing the consensus estimate of $0.82 by ($0.01). The business had revenue of $611.26 million during the quarter, compared to the consensus estimate of $682.29 million. MarineMax had a positive return on equity of 0.68% and a negative net margin of 2.83%.The firm’s revenue was down 7.0% on a year-over-year basis. During the same quarter in the previous year, the business posted ($2.42) earnings per share. MarineMax has set its FY 2026 guidance at 0.400-0.950 EPS. On average, equities analysts forecast that MarineMax will post 0.74 earnings per share for the current year.

Key MarineMax News

Here are the key news stories impacting MarineMax this week:

• Positive Sentiment: MarineMax said gross margin expanded sharply to 35.7%, up 530 basis points, helped by better boat margins and growth in higher-margin businesses, suggesting its profitability reset is gaining traction. MarineMax Reports Fiscal 2026 Third Quarter Results
• Positive Sentiment: The company reported adjusted EPS of $0.81, which matched the Zacks consensus estimate and improved materially from $0.49 a year ago, signaling better earnings execution year over year. MarineMax (HZO) Q3 Earnings Meet Estimates
• Neutral Sentiment: Management updated FY2026 EPS guidance to $0.40-$0.95, a range that brackets Wall Street expectations and leaves room for either upside or downside depending on demand trends and margins. MarineMax Reports Fiscal 2026 Third Quarter Results
• Negative Sentiment: Revenue came in at $611.3 million, below the $682.3 million consensus estimate, and sales fell 7% year over year, underscoring continued softness in top-line demand. Conference call transcript and earnings report
• Negative Sentiment: MarineMax also slightly missed EPS consensus by $0.01 on the MarketBeat-reported figures, and the company remains unprofitable on a net margin basis, which may limit enthusiasm for the shares. MarineMax stock page

Institutional Trading of MarineMax

Several institutional investors and hedge funds have recently modified their holdings of the company. Russell Investments Group Ltd. raised its holdings in MarineMax by 93.5% during the third quarter. Russell Investments Group Ltd. now owns 1,672 shares of the specialty retailer’s stock valued at $42,000 after acquiring an additional 808 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in MarineMax by 129.3% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,313 shares of the specialty retailer’s stock valued at $135,000 after purchasing an additional 2,996 shares during the period. Jones Financial Companies Lllp purchased a new position in MarineMax in the 1st quarter worth approximately $168,000. DRW Securities LLC bought a new position in shares of MarineMax during the fourth quarter worth $218,000. Finally, Rafferty Asset Management LLC purchased a new position in MarineMax during the second quarter valued at $235,000. 92.85% of the stock is currently owned by institutional investors.

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.