MarineMax (HZO) Projected to Post Earnings on Thursday

MarineMax (NYSE:HZO - Get Free Report) is expected to issue its Q3 2025 quarterly earnings data before the market opens on Thursday, July 24th. Analysts expect the company to announce earnings of $1.16 per share and revenue of $737.82 million for the quarter. MarineMax has set its FY 2025 guidance at 1.400-2.400 EPS.

MarineMax (NYSE:HZO - Get Free Report) last released its earnings results on Thursday, April 24th. The specialty retailer reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.07. The business had revenue of $631.52 million for the quarter, compared to the consensus estimate of $580.12 million. MarineMax had a return on equity of 5.01% and a net margin of 2.35%. The business's quarterly revenue was up 8.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.18 earnings per share. On average, analysts expect MarineMax to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

MarineMax Price Performance

Shares of NYSE HZO traded down $0.24 during midday trading on Thursday, hitting $24.47. The stock had a trading volume of 179,522 shares, compared to its average volume of 300,462. The company has a market capitalization of $525.46 million, a PE ratio of 9.99 and a beta of 1.60. The stock has a 50 day simple moving average of $24.29 and a 200-day simple moving average of $24.63. MarineMax has a 1 year low of $16.85 and a 1 year high of $38.20. The company has a quick ratio of 0.31, a current ratio of 1.16 and a debt-to-equity ratio of 0.34.

Analyst Upgrades and Downgrades

HZO has been the topic of several research reports. Citigroup restated a "buy" rating and issued a $32.00 target price (up previously from $29.00) on shares of MarineMax in a research report on Monday, June 16th. Truist Financial reduced their price objective on MarineMax from $38.00 to $26.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. One equities research analyst has rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Buy" and an average target price of $33.25.

Hedge Funds Weigh In On MarineMax

A number of institutional investors have recently added to or reduced their stakes in HZO. Royal Bank of Canada lifted its position in MarineMax by 6.9% during the first quarter. Royal Bank of Canada now owns 140,829 shares of the specialty retailer's stock worth $3,027,000 after buying an additional 9,050 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in MarineMax by 4.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,921 shares of the specialty retailer's stock worth $278,000 after acquiring an additional 546 shares during the last quarter. Jones Financial Companies Lllp acquired a new stake in MarineMax during the first quarter worth $168,000. Finally, Goldman Sachs Group Inc. increased its stake in MarineMax by 69.3% during the first quarter. Goldman Sachs Group Inc. now owns 348,664 shares of the specialty retailer's stock worth $7,496,000 after acquiring an additional 142,775 shares during the last quarter. Hedge funds and other institutional investors own 92.85% of the company's stock.

About MarineMax

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.