B. Riley Issues Negative Outlook for MarineMax Earnings

MarineMax, Inc. (NYSE:HZO - Free Report) - Equities research analysts at B. Riley cut their Q3 2025 earnings estimates for shares of MarineMax in a note issued to investors on Thursday, October 31st. B. Riley analyst E. Wold now expects that the specialty retailer will earn $1.62 per share for the quarter, down from their previous forecast of $1.87. B. Riley currently has a "Buy" rating and a $46.00 target price 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.

MarineMax (NYSE:HZO - Get Free Report) last announced its quarterly earnings data on Thursday, October 31st. The specialty retailer reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.06. The business had revenue of $563.10 million during the quarter, compared to analyst estimates of $576.49 million. MarineMax had a return on equity of 5.09% and a net margin of 1.57%. MarineMax's revenue was down 5.3% compared to the same quarter last year. During the same period in the prior year, the company earned $0.69 earnings per share.

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

MarineMax Stock Performance

Shares of MarineMax stock traded down $0.28 during trading hours on Monday, reaching $28.69. The company had a trading volume of 234,902 shares, compared to its average volume of 309,915. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.19 and a quick ratio of 0.36. MarineMax has a one year low of $22.51 and a one year high of $39.85. The firm has a market cap of $640.36 million, a PE ratio of 17.36 and a beta of 1.85. The business has a fifty day simple moving average of $31.96 and a 200 day simple moving average of $31.12.

Institutional Trading of MarineMax

Several hedge funds and other institutional investors have recently bought and sold shares of the company. The Manufacturers Life Insurance Company lifted its stake in shares of MarineMax by 5.2% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 8,251 shares of the specialty retailer's stock valued at $267,000 after acquiring an additional 408 shares during the last quarter. Janus Henderson Group PLC boosted its stake in shares of MarineMax by 3.3% during the first quarter. Janus Henderson Group PLC now owns 16,616 shares of the specialty retailer's stock valued at $553,000 after purchasing an additional 529 shares during the period. Texas Permanent School Fund Corp grew its holdings in shares of MarineMax by 3.1% in the first quarter. Texas Permanent School Fund Corp now owns 17,628 shares of the specialty retailer's stock worth $586,000 after purchasing an additional 536 shares during the last quarter. SummerHaven Investment Management LLC increased its stake in shares of MarineMax by 2.9% in the second quarter. SummerHaven Investment Management LLC now owns 20,150 shares of the specialty retailer's stock worth $652,000 after buying an additional 567 shares during the period. Finally, Bfsg LLC raised its holdings in MarineMax by 19.1% during the 3rd quarter. Bfsg LLC now owns 4,248 shares of the specialty retailer's stock valued at $150,000 after buying an additional 681 shares during the last quarter. Hedge funds and other institutional investors own 92.85% of the company's stock.

MarineMax Company Profile

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.