MarineMax (NYSE:HZO) Issues 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 Trading Down 3.1%

Shares of MarineMax stock opened at $28.99 on Thursday. MarineMax has a 12-month low of $19.21 and a 12-month high of $32.00. The stock has a market capitalization of $638.56 million, a P/E ratio of -10.82 and a beta of 1.65. The company has a 50-day simple moving average of $27.85 and a 200 day simple moving average of $26.41. The company has a quick ratio of 0.29, a current ratio of 1.19 and a debt-to-equity ratio of 0.37.

MarineMax (NYSE:HZO) last released its quarterly earnings results on Thursday, April 23rd. The specialty retailer reported $0.04 EPS for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.07. MarineMax had a negative net margin of 2.46% and a positive return on equity of 1.13%. MarineMax has set its FY 2026 guidance at 0.400-0.950 EPS. Research analysts expect that MarineMax will post 0.7 earnings per share for the current fiscal year.

MarineMax declared that its Board of Directors has approved a stock repurchase program on Wednesday, March 4th that allows the company to repurchase $100.00 million in outstanding shares. This repurchase authorization allows the specialty retailer to repurchase up to 15.3% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s board of directors believes its shares are undervalued.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. Citigroup reaffirmed a “buy” rating on shares of MarineMax in a report on Wednesday, January 14th. Benchmark restated a “buy” rating on shares of MarineMax in a report on Friday, January 30th. National Bank Financial set a $35.00 target price on MarineMax in a research note on Friday, January 30th. Zacks Research raised MarineMax from a “strong sell” rating to a “hold” rating in a report on Friday, January 23rd. Finally, Truist Financial set a $34.00 price target on shares of MarineMax in a research report on Tuesday. Five research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, MarineMax has an average rating of “Moderate Buy” and an average price target of $31.80.

Institutional Trading of MarineMax

Hedge funds have recently modified their holdings of the company. 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 worth $18,002,000 after acquiring an additional 383,926 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in MarineMax by 69.3% in the first quarter. Goldman Sachs Group Inc. now owns 348,664 shares of the specialty retailer’s stock valued at $7,496,000 after purchasing an additional 142,775 shares in the last quarter. Two Sigma Investments LP acquired a new stake in MarineMax in the third quarter worth $3,131,000. Corient Private Wealth LLC acquired a new stake in MarineMax in the second quarter worth $2,777,000. Finally, Charles Schwab Investment Management Inc. boosted its position in shares of MarineMax by 22.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 592,471 shares of the specialty retailer’s stock worth $14,356,000 after purchasing an additional 109,241 shares in the last quarter. 92.85% of the stock is currently owned by institutional investors and hedge funds.

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.