MarineMax (NYSE:HZO) Stock Price Down 10.5% After Earnings Miss

MarineMax, Inc. (NYSE:HZO) fell 10.5% on Thursday following a weaker than expected earnings announcement. The stock traded as low as $24.54 and last traded at $24.0480. 65,955 shares changed hands during trading, a decline of 75% from the average session volume of 268,204 shares. The stock had previously closed at $26.86.

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 2.00% and a negative net margin of 1.37%.The firm had revenue of $505.18 million during the quarter, compared to the consensus estimate of $481.67 million. During the same quarter last year, the business earned $0.17 EPS. The business’s revenue was up 7.8% compared to the same quarter last year.

Key MarineMax News

Here are the key news stories impacting MarineMax this week:

• Positive Sentiment: Revenue and same‑store sales beat/grew — MarineMax reported $505.2M in Q1 revenue (above estimates) and same‑store sales rose over 10%, showing continued demand. Business Wire: MarineMax Reports Fiscal 2026 First Quarter Results
• Positive Sentiment: Inventory reduction improves balance sheet/working capital — inventories were down ~$167M year‑over‑year at quarter end, which should help cash flow and reduce carrying costs. Business Wire: MarineMax Reports Fiscal 2026 First Quarter Results
• Neutral Sentiment: Gross profit margin remains positive but faces pressure — Q1 gross margin was 31.8%; that level is healthy but management says promotional activity compressed profitability. Business Wire: MarineMax Q1 results
• Negative Sentiment: EPS missed expectations — MarineMax reported a loss of $0.21 per share vs. the consensus loss of $0.12, reversing from positive EPS a year ago; this earnings miss is the main driver of the selloff. Zacks: MarineMax Reports Q1 Loss, Beats Revenue Estimates
• Negative Sentiment: Promotional activity compressed margins — management and analysts noted increased promotions to drive sales, which boosted revenue but reduced net margin and led to a reported loss. Seeking Alpha: MarineMax reports a loss as promotional activity weighs on margins
• Negative Sentiment: Market reaction — coverage and call transcripts highlight the EPS miss and margin concerns; shares are trading down on higher-than-normal volume as short‑term sentiment tilts negative. Yahoo Finance: Why MarineMax (HZO) Stock Is Falling Today

Analyst Ratings Changes

A number of analysts have issued reports on HZO shares. Truist Financial raised their target price on MarineMax from $26.00 to $29.00 and gave the company a “buy” rating in a report on Wednesday, October 15th. Zacks Research upgraded shares of MarineMax from a “strong sell” rating to a “hold” rating in a research note on Friday, January 23rd. Loop Capital began coverage on shares of MarineMax in a research report on Monday, December 22nd. They set a “buy” rating and a $29.00 target price on the stock. Weiss Ratings reissued a “sell (d)” rating on shares of MarineMax in a report on Thursday, January 22nd. Finally, Citigroup restated a “buy” rating on shares of MarineMax in a research report on Wednesday, January 14th. Four analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $30.00.

Institutional Trading of MarineMax

Several institutional investors have recently made changes to their positions in HZO. Boothbay Fund Management LLC acquired a new position in MarineMax in the third quarter worth about $17,372,000. Divisadero Street Capital Management LP bought a new stake in shares of MarineMax in the 3rd quarter valued at approximately $16,620,000. Invesco Ltd. grew its stake in shares of MarineMax by 115.6% in the 2nd quarter. Invesco Ltd. now owns 716,078 shares of the specialty retailer’s stock valued at $18,002,000 after purchasing an additional 383,926 shares during the period. American Century Companies Inc. raised its holdings in shares of MarineMax by 16.6% in the 2nd quarter. American Century Companies Inc. now owns 2,432,173 shares of the specialty retailer’s stock worth $61,145,000 after buying an additional 345,833 shares in the last quarter. Finally, Gagnon Securities LLC bought a new position in shares of MarineMax during the 3rd quarter worth approximately $6,620,000. 92.85% of the stock is currently owned by institutional investors and hedge funds.

MarineMax Price Performance

The company has a 50-day moving average of $25.56 and a 200 day moving average of $25.26. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.32 and a current ratio of 1.20. The firm has a market cap of $543.15 million, a P/E ratio of -15.91 and a beta of 1.65.

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.