NYSE:HZO - MarineMax Stock Price, Price Target & More

MarineMax trades on the New York Stock Exchange (NYSE) under the ticker symbol "HZO."

MarineMax announced that its Board of Directors has initiated a share buyback program on Thursday, August 3rd 2017, which allows the company to buyback 2,000,000 outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback programs are usually an indication that the company's board believes its shares are undervalued.

MarineMax Inc (NYSE:HZO) posted its quarterly earnings results on Thursday, April, 26th. The specialty retailer reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.11. The specialty retailer had revenue of $270.61 million for the quarter, compared to analyst estimates of $256.17 million. MarineMax had a net margin of 2.62% and a return on equity of 9.61%. The firm's revenue was up 10.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.11 EPS. View MarineMax's Earnings History.

MarineMax updated its FY18 earnings guidance on Thursday, April, 26th. The company provided earnings per share guidance of $1.44-1.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.44.

7 equities research analysts have issued 1 year target prices for MarineMax's shares. Their predictions range from $20.00 to $27.00. On average, they anticipate MarineMax's share price to reach $23.30 in the next twelve months. This suggests a possible upside of 11.0% from the stock's current price. View Analyst Ratings for MarineMax.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MarineMax in the last year. There are currently 3 hold ratings, 3 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to MarineMax include O'Reilly Automotive (ORLY), AutoZone (AZO), Advance Auto Parts (AAP), HALFORDS Grp PL/ADR (HLFDY) and U.S. Auto Parts Network (PRTS).

Media stories about HZO stock have been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. The research firm identifies negative and positive media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. MarineMax earned a media sentiment score of 0.07 on Accern's scale. They also gave news coverage about the specialty retailer an impact score of 46.00 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

MarineMax's stock is owned by many different of institutional and retail investors. Top institutional investors include Columbia Partners L L C Investment Management (0.07%), Louisiana State Employees Retirement System (0.04%) and Municipal Employees Retirement System of Michigan (0.02%). Company insiders that own MarineMax stock include Anthony E Jr Cassella, Charles A Cashman, Dean S Woodman, Hilliard M Eure, Joseph Allen Watters, Michael H Mclamb, Paulee C Day, W Brett Mcgill and William H Mcgill Jr. View Institutional Ownership Trends for MarineMax.

HZO stock was sold by a variety of institutional investors in the last quarter, including Columbia Partners L L C Investment Management and Municipal Employees Retirement System of Michigan. Company insiders that have sold MarineMax company stock in the last year include Anthony E Jr Cassella, Charles A Cashman, Dean S Woodman, Hilliard M Eure, Joseph Allen Watters, Michael H Mclamb, Paulee C Day, W Brett Mcgill and William H Mcgill Jr. View Insider Buying and Selling for MarineMax.

HZO stock was purchased by a variety of institutional investors in the last quarter, including Louisiana State Employees Retirement System. View Insider Buying and Selling for MarineMax.

Shares of HZO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of HZO stock can currently be purchased for approximately $21.00.

MarineMax has a market capitalization of $567.44 million and generates $1.05 billion in revenue each year. The specialty retailer earns $23.54 million in net income (profit) each year or $1.00 on an earnings per share basis. MarineMax employs 1,516 workers across the globe.

MarineMax's mailing address is 2600 McCormick Drive Suite 200, Clearwater FL, 33759. The specialty retailer can be reached via phone at 727-531-1700 or via email at [email protected]