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MarineMax US Stock Price, News & Analysis

HZO NYSE

Welcome to our dedicated page for MarineMax US news (Ticker: HZO), a resource for investors and traders seeking the latest updates and insights on MarineMax US stock.

MarineMax (HZO) delivers premium marine retail experiences through boat sales, yacht services, and lifestyle programming. This news hub provides investors and enthusiasts with essential updates shaping the recreational boating sector.

Access timely reports on earnings, product launches, and strategic partnerships alongside regulatory filings and market analyses. Our curated collection includes press releases about marina expansions, service innovations, and industry leadership initiatives.

Key updates cover quarterly financial results, acquisition activity in marine retail, and new dealership openings. Stay informed about HZO's evolving role in yacht brokerage services and marine financing solutions through verified primary sources.

Bookmark this page for streamlined tracking of MarineMax's operational milestones and market positioning within the $54B U.S. recreational boating industry. Check regularly for developments impacting marine retail trends and consumer marine spending patterns.

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MarineMax, Inc. (NYSE: HZO) reported record revenue of $508 million for Q1 FY2023, a 7% increase from $472.7 million year-over-year. The growth was attributed to strategic acquisitions, including IGY Marinas. Despite the revenue increase, same-store sales dipped by 1%, and net income fell to $19.7 million ($0.89 per share) from $35.9 million ($1.59 per share) for the same quarter last year. Adjusted EBITDA was $53.2 million, slightly lower than $55.3 million in the prior year. The company updated its FY2023 guidance, projecting adjusted earnings per share between $6.90 and $7.40, and adjusted EBITDA of $275 million to $300 million.

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MarineMax, Inc. (NYSE: HZO), the largest recreational boat and yacht retailer, will release its first quarter fiscal 2023 financial results before the market opens on January 26, 2023. A conference call will follow at 10:00 a.m. ET, hosted by CEO Brett McGill and CFO Mike McLamb. Investors can access the call via the company's website or by dialing the provided numbers. MarineMax operates over 125 locations worldwide, including retail dealerships and marinas, and is involved in yacht brokerage and charter services. The company also manufactures boats through its subsidiaries and offers marine financing and insurance services.

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MarineMax, Inc. (NYSE: HZO), the largest recreational boat and yacht retailer, has acquired Boatzon, a fully online boat and marine retail platform, through its technology entity, New Wave Innovations. This acquisition aims to enhance customer experience in financing, purchasing, and insuring boats online. Shawn Berg, MarineMax's Chief Digital Officer, emphasized that the integration of Boatzon will bolster technological growth in the marine industry. Boatzon co-founders expressed excitement about the opportunities to further innovate within MarineMax's framework.

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MarineMax, Inc. (NYSE: HZO) has announced the formation of New Wave Innovations, a new entity aimed at expanding technology-related products and services in the boating industry. The company confirmed its plan to acquire the remaining 75% interest in Boatzon, completing the transaction by the end of the fiscal second quarter on March 31, 2023. This move follows MarineMax's initial investment in Boatzon in December 2021, highlighting the company’s commitment to integrating technology into its services while enhancing growth opportunities for both Boatyard and Boatzon.

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MarineMax, Inc. (NYSE: HZO) has announced the acquisition of Midcoast Construction Enterprises, LLC, a prominent full-service marine construction firm based in Central Florida. This acquisition enhances MarineMax's marina portfolio and adds essential skills to its service offerings. The deal includes waterfront real estate along the Anclote River, facilitating expansion in the Tampa Bay area. CEO W. Brett McGill emphasized the strategic importance of this move in executing the company's growth strategy by integrating well-managed, high-performing businesses.

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MarineMax, Inc. (HZO) reported record fourth quarter revenue of $536.8 million, a 16% increase year-over-year, driven by robust demand and strategic acquisitions despite Hurricane Ian's impact. Same-store sales rose by 11%. The company achieved a diluted EPS of $1.73, up from $1.45 in the prior year. For fiscal 2022, revenue topped $2.31 billion, with a diluted EPS of $8.84, surpassing guidance. The fiscal 2023 guidance projects EPS between $7.90 to $8.40, reflecting solid growth and strategic positioning.

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MarineMax, Inc. (NYSE: HZO), the largest recreational boat and yacht retailer globally, will hold a webcast on October 27, 2022, at 10:00 a.m. Eastern Time to discuss its fourth quarter and full year fiscal 2022 results. The financial results will be released prior to market opening on the same day. Interested parties can access the webcast via the company's website. The call may include material nonpublic information and forward-looking statements regarding the company's operations and financial condition.

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MarineMax, Inc. (NYSE: HZO) announced the appointment of Shawn Berg and Kyle Langbehn as executive officers, effective October 1, 2022. Berg, previously Chief Digital Officer, brings over 30 years of experience in technology and business growth. Langbehn has been with MarineMax since 2002 and served as President of Retail Operations. CEO W. Brett McGill expressed confidence in their leadership to drive strategic growth and enhance customer experience. MarineMax is the largest recreational boat and yacht retailer globally.

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MarineMax, Inc. (NYSE: HZO) has successfully completed its acquisition of Island Global Yachting LLC (IGY Marinas) as of October 1, 2022. This strategic move enhances MarineMax's global marina business, adding 23 luxury marinas across the Americas, Caribbean, and Europe. The acquisition aligns with MarineMax's strategic plan to expand high-margin businesses and increase product offerings, creating cross-sell opportunities through its existing superyacht services. Additional financial information will be released with the company's fiscal 2022 results.

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MarineMax, Inc. (NYSE: HZO) has appointed Mercedes Romero to its Board of Directors, effective October 1, 2022. Romero, currently the Global Chief Procurement Officer at Primo Water (Nasdaq: PRMW), brings over 25 years of experience across multiple industries, including Consumer Goods and Spirits. She has a proven track record in operational efficiencies and strategic planning, which is expected to enhance MarineMax’s growth strategy. Romero's international experience will provide new perspectives to the board during a pivotal growth phase for the company.

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FAQ

What is the current stock price of MarineMax US (HZO)?

The current stock price of MarineMax US (HZO) is $21.58 as of May 9, 2025.

What is the market cap of MarineMax US (HZO)?

The market cap of MarineMax US (HZO) is approximately 488.3M.
MarineMax US

NYSE:HZO

HZO Rankings

HZO Stock Data

488.31M
18.73M
12.08%
87.84%
10.36%
Specialty Retail
Retail-auto & Home Supply Stores
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United States
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