B. Riley Issues Pessimistic Outlook for MarineMax Earnings

MarineMax, Inc. (NYSE:HZO) – Investment analysts at B. Riley reduced their Q3 2025 earnings estimates for MarineMax in a research report issued to clients and investors on Thursday, October 31st. B. Riley analyst E. Wold now forecasts that the specialty retailer will earn $1.62 per share for the quarter, down from their previous forecast of $1.87. B. Riley has a “Buy” rating and a $46.00 price target 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) last issued its earnings results on Thursday, October 31st. The specialty retailer reported $0.24 EPS for the quarter, beating the consensus estimate of $0.18 by $0.06. MarineMax had a return on equity of 5.09% and a net margin of 1.57%. The company had revenue of $563.10 million during the quarter, compared to the consensus estimate of $576.49 million. During the same period last year, the business posted $0.69 EPS. The firm’s revenue for the quarter was down 5.3% compared to the same quarter last year.

HZO has been the topic of a number of other reports. Citigroup upgraded MarineMax from a “neutral” rating to a “buy” rating and increased their target price for the stock from $40.00 to $44.00 in a report on Monday, September 9th. Benchmark assumed coverage on shares of MarineMax in a report on Tuesday, October 15th. They set a “buy” rating and a $40.00 price objective for the company. Truist Financial boosted their target price on shares of MarineMax from $35.00 to $44.00 and gave the stock a “buy” rating in a research report on Friday, July 26th. DA Davidson raised their price target on shares of MarineMax from $34.00 to $37.00 and gave the company a “buy” rating in a research report on Wednesday, July 24th. Finally, StockNews.com downgraded MarineMax from a “hold” rating to a “sell” rating in a research note on Tuesday, September 3rd. One investment analyst has rated the stock with a sell rating and six have assigned a buy rating to the stock. According to data from MarketBeat, MarineMax presently has an average rating of “Moderate Buy” and an average price target of $41.83.

MarineMax Stock Down 1.0 %

Shares of NYSE:HZO opened at $28.69 on Monday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.36 and a current ratio of 1.19. MarineMax has a 52-week low of $22.51 and a 52-week high of $39.85. The business’s 50 day simple moving average is $31.89 and its two-hundred day simple moving average is $31.13. The firm has a market cap of $640.36 million, a P/E ratio of 17.39 and a beta of 1.85.

Institutional Trading of MarineMax

Institutional investors have recently modified their holdings of the company. Canada Pension Plan Investment Board bought a new position in MarineMax in the 2nd quarter worth $52,000. Bfsg LLC increased its position in shares of MarineMax by 19.1% during the third 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 period. James Investment Research Inc. bought a new position in MarineMax in the third quarter worth about $203,000. Price T Rowe Associates Inc. MD lifted its holdings in MarineMax by 17.7% in the first quarter. Price T Rowe Associates Inc. MD now owns 6,158 shares of the specialty retailer’s stock worth $205,000 after buying an additional 924 shares during the period. Finally, The Manufacturers Life Insurance Company boosted its position in MarineMax by 5.2% during 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 in the last quarter. 92.85% of the stock is currently owned by hedge funds and other institutional investors.

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.