B. Riley Analysts Decrease Earnings Estimates for MarineMax

MarineMax, Inc. (NYSE:HZO) – Equities researchers at B. Riley decreased their Q4 2026 EPS estimates for shares of MarineMax in a research report issued to clients and investors on Thursday, November 13th. B. Riley analyst A. Glaessgen now anticipates that the specialty retailer will post earnings of $0.01 per share for the quarter, down from their previous estimate of $0.02. B. Riley currently has a “Buy” rating on the stock. The consensus estimate for MarineMax’s current full-year earnings is $2.41 per share. B. Riley also issued estimates for MarineMax’s FY2027 earnings at $1.80 EPS.

MarineMax (NYSE:HZO) last released its quarterly earnings results on Thursday, November 13th. The specialty retailer reported ($0.04) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.15) by $0.11. The business had revenue of $552.15 million for the quarter, compared to analysts’ expectations of $533.05 million. MarineMax had a negative net margin of 1.15% and a positive return on equity of 2.63%. The company’s revenue was down 1.9% compared to the same quarter last year. During the same period last year, the business earned $0.24 EPS. MarineMax has set its FY 2026 guidance at 0.400-0.950 EPS.

Other equities research analysts have also issued reports about the stock. Wall Street Zen lowered shares of MarineMax from a “hold” rating to a “sell” rating in a report on Saturday, July 26th. Zacks Research downgraded MarineMax from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 22nd. Truist Financial increased their price objective on MarineMax from $26.00 to $29.00 and gave the company a “buy” rating in a report on Wednesday, October 15th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of MarineMax in a report on Wednesday, October 8th. Five analysts have rated the stock with a Buy rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $34.00.

MarineMax Price Performance

Shares of HZO stock opened at $22.60 on Monday. MarineMax has a fifty-two week low of $16.85 and a fifty-two week high of $35.46. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.29 and a current ratio of 1.21. The firm has a market capitalization of $485.15 million, a price-to-earnings ratio of -16.87 and a beta of 1.60. The stock’s 50-day simple moving average is $25.30 and its 200-day simple moving average is $24.78.

Institutional Trading of MarineMax

Institutional investors have recently made changes to their positions in the company. American Century Companies Inc. grew its position in shares of MarineMax by 16.6% in the second quarter. American Century Companies Inc. now owns 2,432,173 shares of the specialty retailer’s stock valued at $61,145,000 after purchasing an additional 345,833 shares in the last quarter. Vanguard Group Inc. boosted its stake in MarineMax by 2.5% during the first quarter. Vanguard Group Inc. now owns 1,532,153 shares of the specialty retailer’s stock worth $32,941,000 after buying an additional 37,154 shares during the last quarter. Broad Bay Capital Management LP grew its holdings in MarineMax by 22.6% in the 1st quarter. Broad Bay Capital Management LP now owns 843,756 shares of the specialty retailer’s stock valued at $18,141,000 after buying an additional 155,750 shares in the last quarter. Levin Capital Strategies L.P. increased its stake in shares of MarineMax by 44.5% in the 2nd quarter. Levin Capital Strategies L.P. now owns 734,279 shares of the specialty retailer’s stock worth $18,460,000 after acquiring an additional 225,992 shares during the last quarter. Finally, Invesco Ltd. raised its holdings in shares of MarineMax by 115.6% during the 2nd quarter. Invesco Ltd. now owns 716,078 shares of the specialty retailer’s stock worth $18,002,000 after acquiring an additional 383,926 shares during the period. 92.85% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at MarineMax

In other MarineMax news, CEO W Brett Mcgill sold 60,000 shares of the business’s stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $27.53, for a total transaction of $1,651,800.00. Following the completion of the sale, the chief executive officer directly owned 173,038 shares in the company, valued at approximately $4,763,736.14. The trade was a 25.75% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 4.00% of the stock is currently owned by insiders.

MarineMax Company Profile

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.