MarineMax (NYSE:HZO) Updates FY 2026 Earnings Guidance

MarineMax (NYSE:HZO) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 0.400-0.950 for the period, compared to the consensus estimate of 0.720. The company issued revenue guidance of -.

MarineMax Stock Up 5.6%

NYSE HZO traded up $1.38 on Friday, hitting $26.03. 182,008 shares of the stock traded hands, compared to its average volume of 284,647. The stock has a 50-day moving average of $25.56 and a 200 day moving average of $25.26. MarineMax has a twelve month low of $16.85 and a twelve month high of $31.51. The company has a market capitalization of $573.41 million, a P/E ratio of -16.79 and a beta of 1.65. The company has a current ratio of 1.20, a quick ratio of 0.32 and a debt-to-equity ratio of 0.38.

MarineMax (NYSE:HZO) last posted its earnings results on Thursday, January 29th. The specialty retailer reported ($0.21) EPS for the quarter, missing the consensus estimate of ($0.12) by ($0.09). The company had revenue of $505.18 million for the quarter, compared to the consensus estimate of $481.67 million. MarineMax had a negative net margin of 1.37% and a positive return on equity of 2.00%. The firm’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same period last year, the company posted $0.17 earnings per share. As a group, analysts expect that MarineMax will post 2.41 earnings per share for the current fiscal year.

Analyst Ratings Changes

HZO has been the topic of a number of research reports. Truist Financial increased their price objective on MarineMax from $26.00 to $29.00 and gave the stock a “buy” rating in a report on Wednesday, October 15th. Loop Capital initiated coverage on MarineMax in a report on Monday, December 22nd. They issued a “buy” rating and a $29.00 target price for the company. Weiss Ratings reiterated a “sell (d)” rating on shares of MarineMax in a report on Thursday, January 22nd. Wall Street Zen upgraded shares of MarineMax from a “sell” rating to a “hold” rating in a report on Saturday, November 22nd. Finally, Zacks Research upgraded shares of MarineMax from a “strong sell” rating to a “hold” rating in a report on Friday, January 23rd. Four research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, MarineMax presently has an average rating of “Moderate Buy” and an average target price of $29.75.

Key Headlines Impacting MarineMax

Here are the key news stories impacting MarineMax this week:

• Positive Sentiment: B. Riley reaffirmed a “buy” on HZO and raised its price target to $29 (from $27), signaling analyst confidence and providing upward pressure on the stock. The Fly
• Neutral Sentiment: Top‑line beat — MarineMax reported Q1 revenue of $505.2M vs. consensus ~$481.7M and same‑store sales rose over 10%, showing continued demand in its markets. Business Wire
• Neutral Sentiment: Inventory reduction — inventories fell ~$167.3M year‑over‑year, improving working capital and reducing carrying risk, a constructive balance‑sheet datapoint for investors. Business Wire
• Negative Sentiment: Profitability pressured — MarineMax posted a Q1 loss of ($0.21) vs. an expected ($0.12); management cited promotional activity that weighed on margins, which is dragging net margin and investor sentiment despite the revenue beat. MarketBeat earnings summary
• Negative Sentiment: Wide, mixed FY‑2026 guidance — MarineMax updated FY‑2026 EPS guidance to $0.40–$0.95 versus a consensus of ~$0.72; the midpoint (~$0.675) is below street estimates and the broad range increases uncertainty around full‑year profitability. Earnings presentation

Hedge Funds Weigh In On MarineMax

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Russell Investments Group Ltd. boosted its holdings in MarineMax by 93.5% in the third quarter. Russell Investments Group Ltd. now owns 1,672 shares of the specialty retailer’s stock valued at $42,000 after acquiring an additional 808 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of MarineMax by 129.3% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,313 shares of the specialty retailer’s stock valued at $135,000 after purchasing an additional 2,996 shares during the last quarter. Jones Financial Companies Lllp bought a new position in shares of MarineMax in the 1st quarter valued at about $168,000. Rafferty Asset Management LLC acquired a new stake in shares of MarineMax during the 2nd quarter worth approximately $235,000. Finally, Tower Research Capital LLC TRC raised its stake in shares of MarineMax by 263.5% during the second quarter. Tower Research Capital LLC TRC now owns 9,521 shares of the specialty retailer’s stock worth $239,000 after buying an additional 6,902 shares during the last quarter. Institutional investors own 92.85% of the company’s stock.

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.