MarineMax (NYSE:HZO) Trading Up 7.8% – Here’s Why

MarineMax, Inc. (NYSE:HZO) shares traded up 7.8% during trading on Friday . The stock traded as high as $34.90 and last traded at $36.18. 169,735 shares traded hands during mid-day trading, a decline of 55% from the average daily volume of 373,498 shares. The stock had previously closed at $33.57.

MarineMax News Summary

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, raising the possibility of a takeover premium for shareholders. Blackstone, Donerail among final bidders for yacht retailer MarineMax, sources say
• Positive Sentiment: The company’s fiscal Q3 results showed meaningful margin improvement, with gross margin rising to 35.7% as higher-margin businesses helped offset a tougher sales environment. MarineMax Reports Fiscal 2026 Third Quarter Results
• Positive Sentiment: Management also updated FY2026 EPS guidance to $0.40-$0.95, which suggests the company still sees a path to profitability despite uneven demand. MarineMax Reports Fiscal 2026 Third Quarter Results
• Neutral Sentiment: Q3 EPS of $0.81 was essentially in line with expectations, but revenue of $611.3 million came in below analyst forecasts, highlighting continued softness in sales volumes. MarineMax earnings report
• Negative Sentiment: The revenue miss and 7% year-over-year sales decline point to ongoing demand pressure in the recreational boating market, which may limit upside if a deal does not materialize soon. Blackstone, Donerail among final bidders for yacht retailer MarineMax, sources say

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. Truist Financial lifted their price target on shares of MarineMax from $34.00 to $39.00 and gave the company a “buy” rating in a research note on Monday, July 6th. Northcoast Research set a $39.00 target price on shares of MarineMax in a research report on Friday. Citigroup reissued a “buy” rating on shares of MarineMax in a research note on Friday, April 24th. Weiss Ratings upgraded shares of MarineMax from a “sell (d)” rating to a “sell (d+)” rating in a research report on Tuesday, May 12th. Finally, B. Riley Financial lowered shares of MarineMax from a “buy” rating to a “neutral” rating and set a $35.00 price target on the stock. in a research note on Tuesday. Four research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, MarineMax has an average rating of “Hold” and a consensus price target of $35.40.

MarineMax Stock Up 7.2%

The company has a current ratio of 1.18, a quick ratio of 0.32 and a debt-to-equity ratio of 0.36. The business has a fifty day simple moving average of $34.52 and a two-hundred day simple moving average of $30.59. The company has a market cap of $792.59 million, a PE ratio of -12.26 and a beta of 1.58.

MarineMax (NYSE:HZO) last issued its earnings results on Thursday, July 23rd. The specialty retailer reported $0.81 EPS for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.01). The business had revenue of $611.26 million during the quarter, compared to analyst estimates of $682.29 million. MarineMax had a negative net margin of 2.83% and a positive return on equity of 0.68%. MarineMax’s quarterly revenue was down 7.0% on a year-over-year basis. During the same quarter last year, the company earned ($2.42) earnings per share. MarineMax has set its FY 2026 guidance at 0.400-0.950 EPS. As a group, equities research analysts predict that MarineMax, Inc. will post 0.74 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. State Street Corp grew its position in shares of MarineMax by 11.0% in the fourth quarter. State Street Corp now owns 953,009 shares of the specialty retailer’s stock valued at $23,091,000 after purchasing an additional 94,356 shares in the last quarter. Boothbay Fund Management LLC boosted its stake in MarineMax by 13.0% during the fourth quarter. Boothbay Fund Management LLC now owns 774,918 shares of the specialty retailer’s stock worth $18,776,000 after buying an additional 89,080 shares during the last quarter. Invesco Ltd. grew its holdings in MarineMax by 115.6% in the 2nd quarter. Invesco Ltd. now owns 716,078 shares of the specialty retailer’s stock valued at $18,002,000 after buying an additional 383,926 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in MarineMax by 22.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 592,471 shares of the specialty retailer’s stock valued at $14,356,000 after buying an additional 109,241 shares in the last quarter. Finally, CenterBook Partners LP increased its stake in shares of MarineMax by 74.7% in the 4th quarter. CenterBook Partners LP now owns 532,452 shares of the specialty retailer’s stock worth $12,901,000 after acquiring an additional 227,734 shares during 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.