B. Riley Issues Pessimistic Outlook for MarineMax Earnings

MarineMax, Inc. (NYSE:HZO) – Stock analysts at B. Riley lowered their Q3 2025 earnings per share estimates for shares of MarineMax in a research note issued to investors on Thursday, October 31st. B. Riley analyst E. Wold now forecasts that the specialty retailer will post earnings of $1.62 per share for the quarter, down from their prior forecast of $1.87. B. Riley has a “Buy” rating and a $46.00 price target on the stock. The consensus estimate for MarineMax’s current full-year earnings is $2.89 per share. B. Riley also issued estimates for MarineMax’s Q3 2026 earnings at $1.80 EPS.

HZO has been the subject of a number of other research reports. Citigroup raised shares of MarineMax from a “neutral” rating to a “buy” rating and raised their target price for the company from $40.00 to $44.00 in a research note on Monday, September 9th. Stifel Nicolaus raised their price target on shares of MarineMax from $35.00 to $40.00 and gave the company a “buy” rating in a research report on Friday, July 12th. DA Davidson lifted their target price on MarineMax from $34.00 to $37.00 and gave the stock a “buy” rating in a report on Wednesday, July 24th. Truist Financial raised their price target on shares of MarineMax from $35.00 to $44.00 and gave the company a “buy” rating in a report on Friday, July 26th. Finally, StockNews.com downgraded shares of MarineMax from a “hold” rating to a “sell” rating in a research report on Tuesday, September 3rd. One equities research analyst has rated the stock with a sell rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $41.83.

MarineMax Price Performance

Shares of HZO stock opened at $28.97 on Monday. The business’s fifty day moving average is $31.96 and its 200 day moving average is $31.12. The company has a quick ratio of 0.36, a current ratio of 1.19 and a debt-to-equity ratio of 0.36. The stock has a market cap of $646.61 million, a price-to-earnings ratio of 17.56 and a beta of 1.85. MarineMax has a twelve month low of $22.51 and a twelve month high of $39.85.

MarineMax (NYSE:HZO) last announced its earnings results on Thursday, October 31st. The specialty retailer reported $0.24 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.06. MarineMax had a net margin of 1.57% and a return on equity of 5.09%. The firm had revenue of $563.10 million for the quarter, compared to analyst estimates of $576.49 million. During the same quarter in the previous year, the firm posted $0.69 EPS. The company’s revenue for the quarter was down 5.3% compared to the same quarter last year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Canada Pension Plan Investment Board bought a new stake in MarineMax during the 2nd quarter worth approximately $52,000. Bfsg LLC increased its stake in shares of MarineMax by 19.1% in the third quarter. Bfsg LLC now owns 4,248 shares of the specialty retailer’s stock worth $150,000 after purchasing an additional 681 shares in the last quarter. James Investment Research Inc. purchased a new position in shares of MarineMax during the 3rd quarter valued at $203,000. Price T Rowe Associates Inc. MD raised its holdings in MarineMax by 17.7% during the first quarter. Price T Rowe Associates Inc. MD now owns 6,158 shares of the specialty retailer’s stock valued at $205,000 after acquiring an additional 924 shares during the period. Finally, The Manufacturers Life Insurance Company boosted its stake in shares of MarineMax by 5.2% in the second quarter. The Manufacturers Life Insurance Company now owns 8,251 shares of the specialty retailer’s stock worth $267,000 after acquiring an additional 408 shares during the period. Hedge funds and other institutional investors own 92.85% of the company’s stock.

About MarineMax

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.