MarineMax (NYSE:HZO) Updates FY 2026 Earnings Guidance

MarineMax (NYSE:HZO) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.400-0.950 for the period, compared to the consensus estimate of 1.940. The company issued revenue guidance of -.

MarineMax Trading Up 0.0%

Shares of NYSE:HZO opened at $23.54 on Thursday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.29 and a current ratio of 1.21. The stock has a market capitalization of $505.26 million, a price-to-earnings ratio of -17.57 and a beta of 1.60. MarineMax has a 1-year low of $16.85 and a 1-year high of $35.46. The company has a 50 day moving average price of $25.57 and a 200 day moving average price of $24.75.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on HZO. Truist Financial boosted their price objective on MarineMax from $26.00 to $29.00 and gave the stock a “buy” rating in a report on Wednesday, October 15th. B. Riley reiterated a “buy” rating on shares of MarineMax in a research report on Friday, July 25th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of MarineMax in a research report on Wednesday, October 8th. Wall Street Zen lowered MarineMax from a “hold” rating to a “sell” rating in a research report on Saturday, July 26th. Finally, Zacks Research cut MarineMax from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 22nd. Five analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $34.00.

Insider Transactions at MarineMax

In other MarineMax news, CEO W Brett Mcgill sold 60,000 shares of the stock in a transaction on Monday, August 25th. The shares were sold at an average price of $27.53, for a total transaction of $1,651,800.00. Following the transaction, the chief executive officer directly owned 173,038 shares of the company’s stock, valued at $4,763,736.14. This represents a 25.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 4.00% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in HZO. Royal Bank of Canada raised its position in shares of MarineMax by 6.9% in the first quarter. Royal Bank of Canada now owns 140,829 shares of the specialty retailer’s stock valued at $3,027,000 after purchasing an additional 9,050 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of MarineMax by 4.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,921 shares of the specialty retailer’s stock worth $278,000 after purchasing an additional 546 shares during the period. Jones Financial Companies Lllp bought a new position in shares of MarineMax in the first quarter worth about $168,000. Goldman Sachs Group Inc. lifted its position in shares of MarineMax by 69.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 348,664 shares of the specialty retailer’s stock worth $7,496,000 after purchasing an additional 142,775 shares during the last quarter. Finally, Invesco Ltd. boosted its stake in MarineMax by 115.6% during the 2nd quarter. Invesco Ltd. now owns 716,078 shares of the specialty retailer’s stock valued at $18,002,000 after purchasing an additional 383,926 shares during the period. Institutional investors and hedge funds 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.