MarineMax (HZO) Projected to Post Quarterly Earnings on Thursday

MarineMax (NYSE:HZO) is expected to issue its Q3 2025 quarterly earnings data before the market opens on Thursday, July 24th. Analysts expect the company to announce earnings of $1.16 per share and revenue of $737.82 million for the quarter. MarineMax has set its FY 2025 guidance at 1.400-2.400 EPS.

MarineMax (NYSE:HZO) last posted its quarterly earnings data on Thursday, April 24th. The specialty retailer reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.07. The company had revenue of $631.52 million for the quarter, compared to the consensus estimate of $580.12 million. MarineMax had a net margin of 2.35% and a return on equity of 5.01%. The firm’s revenue was up 8.3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.18 earnings per share. On average, analysts expect MarineMax to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

MarineMax Stock Performance

HZO opened at $24.73 on Thursday. The company has a current ratio of 1.16, a quick ratio of 0.31 and a debt-to-equity ratio of 0.34. MarineMax has a 12-month low of $16.85 and a 12-month high of $38.20. The company has a market cap of $531.02 million, a price-to-earnings ratio of 10.10 and a beta of 1.60. The company’s 50 day moving average is $24.29 and its 200 day moving average is $24.63.

Hedge Funds Weigh In On MarineMax

Hedge funds have recently modified their holdings of the stock. Jones Financial Companies Lllp purchased a new position in shares of MarineMax in the first quarter worth $168,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of MarineMax by 4.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,921 shares of the specialty retailer’s stock worth $278,000 after buying an additional 546 shares in the last quarter. Royal Bank of Canada lifted its holdings in shares of MarineMax by 6.9% in the first quarter. Royal Bank of Canada now owns 140,829 shares of the specialty retailer’s stock worth $3,027,000 after buying an additional 9,050 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its holdings in shares of MarineMax by 69.3% in the first quarter. Goldman Sachs Group Inc. now owns 348,664 shares of the specialty retailer’s stock worth $7,496,000 after buying an additional 142,775 shares in the last quarter. Hedge funds and other institutional investors own 92.85% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the stock. Truist Financial lowered their price target on shares of MarineMax from $38.00 to $26.00 and set a “buy” rating on the stock in a report on Monday, April 14th. Citigroup reaffirmed a “buy” rating and set a $32.00 price target (up previously from $29.00) on shares of MarineMax in a report on Monday, June 16th. One equities research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $33.25.

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.