MarineMax, Inc. (NYSE:HZO) Given Average Rating of "Moderate Buy" by Brokerages

Key Points

• MarineMax has a “Moderate Buy” consensus among seven analysts, with four buy ratings and three holds. The average 12-month price target is $35.40, close to the stock’s reported $35.62 opening price.
• The company slightly missed quarterly earnings expectations, reporting $0.81 EPS versus $0.82 expected and revenue of $611.26 million versus $682.29 million estimated. Revenue declined 7% year over year, while fiscal 2026 EPS guidance is $0.40–$0.95.
• Institutional ownership remains high at 92.85%, with BlackRock initiating a stake valued at approximately $116.4 million and Invesco increasing its holdings by 115.6%.

MarineMax, Inc. (NYSE:HZO - Get Free Report) has been assigned an average rating of "Moderate Buy" from the seven analysts that are presently covering the firm, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price target among brokerages that have covered the stock in the last year is $35.40.

Several brokerages have recently commented on HZO. Northcoast Research set a $39.00 target price on shares of MarineMax in a research note on Friday, July 24th. Weiss Ratings upgraded shares of MarineMax from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Friday, July 24th. Truist Financial boosted their price target on shares of MarineMax from $34.00 to $39.00 and gave the company a "buy" rating in a research report on Monday, July 6th. B. Riley Financial lowered shares of MarineMax from a "buy" rating to a "neutral" rating and set a $35.00 price objective for the company. in a report on Tuesday, July 21st. Finally, Citigroup restated a "buy" rating on shares of MarineMax in a research note on Friday, April 24th.

MarineMax Trading Down 0.2%

Shares of HZO opened at $35.62 on Monday. The company has a current ratio of 1.23, a quick ratio of 0.34 and a debt-to-equity ratio of 0.35. The stock has a market cap of $786.96 million, a PE ratio of 254.46 and a beta of 1.58. MarineMax has a 1 year low of $21.42 and a 1 year high of $38.14. The stock has a 50 day simple moving average of $34.83 and a 200-day simple moving average of $31.21.

MarineMax (NYSE:HZO - Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The specialty retailer reported $0.81 EPS for the quarter, missing the consensus estimate of $0.82 by ($0.01). MarineMax had a net margin of 0.18% and a return on equity of 1.51%. The company had revenue of $611.26 million during the quarter, compared to analyst estimates of $682.29 million. During the same period in the prior year, the firm earned ($2.42) EPS. MarineMax's quarterly revenue was down 7.0% compared to the same quarter last year. MarineMax has set its FY 2026 guidance at 0.400-0.950 EPS. On average, sell-side analysts predict that MarineMax will post 0.69 EPS for the current fiscal year.

Institutional Investors Weigh In On MarineMax

Several hedge funds and other institutional investors have recently added to or reduced their stakes in HZO. BlackRock Inc. acquired a new stake in shares of MarineMax in the 2nd quarter valued at $116,412,000. Invesco Ltd. lifted its stake in shares of MarineMax by 115.6% during the second quarter. Invesco Ltd. now owns 716,078 shares of the specialty retailer's stock valued at $18,002,000 after acquiring an additional 383,926 shares during the period. CenterBook Partners LP lifted its stake in shares of MarineMax by 74.7% during the fourth quarter. CenterBook Partners LP now owns 532,452 shares of the specialty retailer's stock valued at $12,901,000 after acquiring an additional 227,734 shares during the period. Annis Gardner Whiting Capital Advisors LLC boosted its holdings in MarineMax by 857,142.9% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 180,021 shares of the specialty retailer's stock valued at $4,871,000 after acquiring an additional 180,000 shares during the last quarter. Finally, Pacer Advisors Inc. acquired a new stake in MarineMax in the first quarter worth about $4,050,000. Institutional investors and hedge funds own 92.85% of the company's stock.

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.

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