MarineMax’s (HZO) Buy Rating Reiterated at B. Riley

B. Riley reiterated their buy rating on shares of MarineMax (NYSE:HZO) in a research report released on Friday morning, MarketBeat reports. B. Riley currently has a $29.00 price objective on the specialty retailer’s stock, up from their prior price objective of $27.00.

HZO has been the topic of a number of other reports. Weiss Ratings reissued a “sell (d)” rating on shares of MarineMax in a research report on Thursday, January 22nd. Zacks Research upgraded MarineMax from a “strong sell” rating to a “hold” rating in a report on Friday, January 23rd. Citigroup restated a “buy” rating on shares of MarineMax in a report on Wednesday, January 14th. Wall Street Zen raised MarineMax from a “sell” rating to a “hold” rating in a research report on Saturday, November 22nd. Finally, Truist Financial lifted their target price on MarineMax from $26.00 to $29.00 and gave the stock a “buy” rating in a research report on Wednesday, October 15th. Five equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $30.80.

MarineMax Stock Performance

NYSE:HZO opened at $27.12 on Friday. The firm has a market capitalization of $597.34 million, a PE ratio of -10.12 and a beta of 1.69. The stock’s fifty day moving average is $25.64 and its 200 day moving average is $25.28. MarineMax has a fifty-two week low of $16.85 and a fifty-two week high of $31.51. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.29 and a current ratio of 1.19.

MarineMax (NYSE:HZO) last posted its quarterly earnings data on Thursday, January 29th. The specialty retailer reported ($0.21) EPS for the quarter, missing the consensus estimate of ($0.12) by ($0.09). MarineMax had a positive return on equity of 1.13% and a negative net margin of 2.46%.The firm had revenue of $505.18 million for the quarter, compared to analysts’ expectations of $481.67 million. During the same period in the previous year, the firm earned $0.17 earnings per share. The firm’s quarterly revenue was up 7.8% compared to the same quarter last year. On average, sell-side analysts anticipate that MarineMax will post 2.41 earnings per share for the current year.

Institutional Trading of MarineMax

A number of hedge funds have recently added to or reduced their stakes in HZO. Nisa Investment Advisors LLC raised its holdings 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 valued at $26,000 after purchasing an additional 374 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in MarineMax by 52.7% during the second quarter. PNC Financial Services Group Inc. now owns 1,351 shares of the specialty retailer’s stock valued at $34,000 after buying an additional 466 shares during the period. MTM Investment Management LLC bought a new position in MarineMax in the second quarter worth approximately $42,000. Russell Investments Group Ltd. lifted its holdings in MarineMax by 93.5% during the third quarter. Russell Investments Group Ltd. now owns 1,672 shares of the specialty retailer’s stock worth $42,000 after buying an additional 808 shares during the period. Finally, Police & Firemen s Retirement System of New Jersey boosted its position in MarineMax by 12.8% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 5,008 shares of the specialty retailer’s stock valued at $126,000 after acquiring an additional 567 shares in the last quarter. 92.85% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about MarineMax

Here are the key news stories impacting MarineMax this week:

• Positive Sentiment: Revenue and same‑store sales beat expectations: Q1 revenue of $505.2M (same‑store sales up >10%) and a 31.8% gross margin point to resilient demand in the retail/boating cycle, supporting sales-driven upside. Business Wire: Q1 Results
• Positive Sentiment: Balance‑sheet improvement: inventories fell ~$167.3M year‑over‑year at quarter end, reducing working capital pressure and easing a key investor concern for cyclical retailers. Business Wire: Inventory Disclosure
• Positive Sentiment: Analyst support: B. Riley reaffirmed a Buy and raised its price target to $29 (from $27), signaling some analyst confidence that shares still have upside from current levels. The Fly: B. Riley Raises PT
• Neutral Sentiment: FY‑2026 guidance updated to EPS $0.40–$0.95 (consensus ~$0.72); the wide range increases earnings uncertainty and leaves investors focused on margin recovery and seasonal demand cadence. See the company presentation for details. Earnings Presentation
• Negative Sentiment: Earnings miss and reported loss: Q1 EPS was ($0.21) vs. an expected ($0.12), producing a net loss and negative margin despite the revenue beat — a key driver of near‑term share weakness. Zacks: Q1 Loss, Revenue Beat
• Negative Sentiment: Margin pressure from promotional activity: management highlighted promotional discounting that compressed margins this quarter; analysts and commentary flagged this as the main reason revenue strength failed to translate into profits. Seeking Alpha: Margin Pressure
• Negative Sentiment: Stock reaction and volatility: coverage and headlines about the earnings miss drove intraday selling and analyst commentary that explain recent share weakness despite the revenue beat. Yahoo Finance: Why HZO Is Falling

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.