MarineMax (NYSE:HZO) Given New $39.00 Price Target at Truist Financial

Posted by Stanley Muller on Jul 6th, 2026

MarineMax (NYSE:HZO – Get Free Report) had its price target boosted by analysts at Truist Financial from $34.00 to $39.00 in a research report issued to clients and investors on Monday,Benzinga reports. The brokerage presently has a “buy” rating on the specialty retailer’s stock. Truist Financial’s price target would indicate a potential upside of 12.95% from the company’s previous close.

A number of other research analysts have also recently commented on the company. Citigroup restated a “buy” rating on shares of MarineMax in a research note on Friday, April 24th. Weiss Ratings upgraded MarineMax from a “sell (d)” rating to a “sell (d+)” rating in a report on Tuesday, May 12th. Finally, B. Riley Financial reissued a “buy” rating on shares of MarineMax in a research report on Friday, April 24th. 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’s stock. Based on data from MarketBeat, MarineMax currently has an average rating of “Moderate Buy” and an average target price of $33.00.

View Our Latest Stock Analysis on MarineMax

MarineMax Price Performance

MarineMax stock opened at $34.53 on Monday. The firm has a fifty day moving average of $33.65 and a 200-day moving average of $29.62. MarineMax has a 52-week low of $21.41 and a 52-week high of $38.14. The company has a quick ratio of 0.32, a current ratio of 1.18 and a debt-to-equity ratio of 0.36. The firm has a market capitalization of $760.70 million, a P/E ratio of -11.74 and a beta of 1.58.

MarineMax (NYSE:HZO – Get Free Report) last posted its earnings results on Thursday, April 23rd. The specialty retailer reported $0.04 earnings per share for the quarter, beating the consensus estimate of ($0.03) by $0.07. MarineMax had a negative net margin of 2.83% and a positive return on equity of 0.68%. The business had revenue of $527.41 million for the quarter, compared to analyst estimates of $617.21 million. During the same quarter in the previous year, the business posted $0.23 EPS. The business’s quarterly revenue was down 16.5% on a year-over-year basis. MarineMax has set its FY 2026 guidance at 0.400-0.950 EPS. As a group, analysts predict that MarineMax will post 0.74 EPS for the current year.

Hedge Funds Weigh In On MarineMax

Institutional investors and hedge funds have recently made changes to their positions in the business. Pacer Advisors Inc. bought a new stake in shares of MarineMax in the first quarter worth $4,050,000. Bank of America Corp DE grew its holdings in MarineMax by 19.8% during the 1st quarter. Bank of America Corp DE now owns 151,964 shares of the specialty retailer’s stock worth $4,112,000 after acquiring an additional 25,063 shares in the last quarter. RBF Capital LLC increased its position in shares of MarineMax by 32.8% in the 1st quarter. RBF Capital LLC now owns 106,830 shares of the specialty retailer’s stock worth $2,891,000 after purchasing an additional 26,410 shares during the last quarter. Empowered Funds LLC raised its stake in shares of MarineMax by 9.8% in the 1st quarter. Empowered Funds LLC now owns 103,784 shares of the specialty retailer’s stock valued at $2,808,000 after purchasing an additional 9,262 shares in the last quarter. Finally, Quantinno Capital Management LP raised its stake in shares of MarineMax by 17.4% in the 1st quarter. Quantinno Capital Management LP now owns 31,127 shares of the specialty retailer’s stock valued at $842,000 after purchasing an additional 4,615 shares in the last quarter. 92.85% of the stock is currently owned by hedge funds and other institutional investors.

MarineMax Company Profile

(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.