B. Riley Reiterates “Buy” Rating for MarineMax (NYSE:HZO)

MarineMax (NYSE:HZOGet Free Report)‘s stock had its “buy” rating restated by equities research analysts at B. Riley in a research report issued on Friday, Marketbeat.com reports. They presently have a $29.00 price target on the specialty retailer’s stock, up from their prior price target of $27.00. B. Riley’s price objective points to a potential upside of 6.95% from the stock’s previous close.

A number of other analysts also recently commented on HZO. Citigroup reaffirmed a “buy” rating on shares of MarineMax in a research report on Wednesday, January 14th. Wall Street Zen raised shares of MarineMax from a “sell” rating to a “hold” rating in a research report on Saturday, November 22nd. Loop Capital assumed coverage on MarineMax in a report on Monday, December 22nd. They set a “buy” rating and a $29.00 price objective on the stock. Truist Financial raised their price target on shares of MarineMax from $26.00 to $29.00 and gave the company a “buy” rating in a report on Wednesday, October 15th. Finally, Zacks Research upgraded MarineMax from a “strong sell” rating to a “hold” rating in a research report on Friday, January 23rd. Five equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $30.80.

Check Out Our Latest Report on MarineMax

MarineMax Stock Up 10.0%

HZO stock opened at $27.12 on Friday. The stock’s 50 day simple moving average is $25.64 and its 200 day simple moving average is $25.27. 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 0.32 and a current ratio of 1.19. The company has a market cap of $597.34 million, a P/E ratio of -10.12 and a beta of 1.65.

MarineMax (NYSE:HZOGet Free Report) last released its quarterly earnings data on Thursday, January 29th. The specialty retailer reported ($0.21) earnings per share for the quarter, missing the consensus estimate of ($0.12) by ($0.09). The business had revenue of $505.18 million for the quarter, compared to analyst estimates of $481.67 million. MarineMax had a positive return on equity of 1.13% and a negative net margin of 2.46%.The business’s quarterly revenue was up 7.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.17 EPS. On average, research analysts expect that MarineMax will post 2.41 earnings per share for the current fiscal year.

Hedge Funds Weigh In On MarineMax

A number of hedge funds have recently modified their holdings of the company. Nisa Investment Advisors LLC increased its holdings in MarineMax by 54.8% during 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 during the period. PNC Financial Services Group Inc. grew its stake in MarineMax by 52.7% in the second quarter. PNC Financial Services Group Inc. now owns 1,351 shares of the specialty retailer’s stock worth $34,000 after purchasing an additional 466 shares during the period. MTM Investment Management LLC purchased a new stake in shares of MarineMax in the 2nd quarter worth about $42,000. Russell Investments Group Ltd. increased its stake in shares of MarineMax by 93.5% during the third quarter. Russell Investments Group Ltd. now owns 1,672 shares of the specialty retailer’s stock valued at $42,000 after purchasing an additional 808 shares in the last quarter. Finally, Police & Firemen s Retirement System of New Jersey grew its stake in shares of MarineMax by 12.8% in the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 5,008 shares of the specialty retailer’s stock worth $126,000 after buying an additional 567 shares during the last quarter. Hedge funds and other institutional investors own 92.85% of the company’s stock.

More MarineMax News

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

(Get Free Report)

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.

See Also

Analyst Recommendations for MarineMax (NYSE:HZO)

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