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

Key Points

• Moderate Buy consensus from seven analysts (5 buy / 1 hold / 1 sell) with an average 12‑month target of $31.80.
• MarineMax reported Q EPS of $0.04 (beat consensus by $0.07) while revenue fell 16.5% YoY to $527.4M and missed estimates; FY2026 guidance is 0.40–0.95 EPS with sell‑side consensus around 0.74.
• The board authorized a $100 million share buyback (up to 15.3% of shares); the stock trades near $29.60 with a market cap of about $652M and institutional ownership of ~92.9%.

MarineMax, Inc. (NYSE:HZO - Get Free Report) has earned an average recommendation of "Moderate Buy" from the seven research firms that are presently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and five have given a buy recommendation to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $31.80.

A number of brokerages recently commented on HZO. Zacks Research raised MarineMax from a "strong sell" rating to a "hold" rating in a research note on Friday, January 23rd. Citigroup restated a "buy" rating on shares of MarineMax in a report on Friday, April 24th. Benchmark reaffirmed a "buy" rating on shares of MarineMax in a research report on Friday, January 30th. B. Riley Financial reaffirmed a "buy" rating on shares of MarineMax in a research note on Friday, April 24th. Finally, National Bank Financial set a $35.00 price target on shares of MarineMax in a research report on Friday, January 30th.

Hedge Funds Weigh In On MarineMax

A number of institutional investors have recently added to or reduced their stakes in HZO. Nisa Investment Advisors LLC grew its position in shares of MarineMax by 54.8% in the 4th quarter. Nisa Investment Advisors LLC now owns 1,056 shares of the specialty retailer's stock worth $26,000 after buying an additional 374 shares during the period. Russell Investments Group Ltd. lifted its position in MarineMax by 93.5% during the 3rd quarter. Russell Investments Group Ltd. now owns 1,672 shares of the specialty retailer's stock valued at $42,000 after acquiring an additional 808 shares during the period. Fifth Third Bancorp lifted its position in MarineMax by 3,613.3% during the 1st quarter. Fifth Third Bancorp now owns 4,196 shares of the specialty retailer's stock valued at $114,000 after acquiring an additional 4,083 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in MarineMax by 129.3% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,313 shares of the specialty retailer's stock worth $135,000 after acquiring an additional 2,996 shares in the last quarter. Finally, Jones Financial Companies Lllp bought a new stake in MarineMax during the first quarter worth about $168,000. Institutional investors own 92.85% of the company's stock.

MarineMax Stock Up 3.0%

NYSE HZO opened at $29.60 on Friday. MarineMax has a 1 year low of $20.52 and a 1 year high of $32.00. The stock has a market capitalization of $652.05 million, a PE ratio of -10.07 and a beta of 1.65. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.18 and a quick ratio of 0.32. The business's 50-day moving average is $27.92 and its 200 day moving average is $26.58.

MarineMax (NYSE:HZO - Get Free Report) last released its quarterly earnings data on Thursday, April 23rd. The specialty retailer reported $0.04 earnings per share for the quarter, topping the consensus estimate of ($0.03) by $0.07. MarineMax had a positive return on equity of 0.68% and a negative net margin of 2.83%.The business had revenue of $527.41 million during the quarter, compared to analysts' expectations of $617.21 million. During the same quarter last year, the business posted $0.23 EPS. The business's revenue was down 16.5% on a year-over-year basis. MarineMax has set its FY 2026 guidance at 0.400-0.950 EPS. Sell-side analysts forecast that MarineMax will post 0.74 earnings per share for the current year.

MarineMax declared that its board has approved a share buyback plan on Wednesday, March 4th that permits the company to repurchase $100.00 million in shares. This repurchase authorization permits the specialty retailer to buy up to 15.3% of its stock through open market purchases. Stock repurchase plans are often an indication that the company's leadership believes its stock is undervalued.

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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