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MarineMax (NYSE:HZO) Hits New 12-Month High - Here's What Happened

MarineMax (NYSE:HZO) shares recently hit a new 52-week high of $52.50, despite multiple analyst downgrades to "Hold" or "Neutral" with an average price target of $43. The company's latest quarterly earnings and revenue missed expectations, though institutional investors hold a significant 92.85% stake.

Marinemax stock hits 52-week high at $52.46 By Investing.com

MarineMax Inc. (HZO) stock has surged to a new 52-week high of $52.46, reflecting a 99.77% increase over the past year and a 115% year-to-date gain. Despite this strong performance, InvestingPro data suggests the stock is overbought and overvalued. Recent financial results for Q3 …

Automotive and Marine Retail Stocks Q2 Recap: Benchmarking MarineMax (NYSE:HZO)

MarineMax, Inc. (NYSE:HZO) Given Average Rating of "Hold" by Analysts

MarineMax, Inc. (NYSE:HZO) has received a consensus "Hold" rating from analysts, with an average 12-month price target of $43.00, below its current share price of $52.20. Several firms recently downgraded the stock, reflecting cautious sentiment after the company slightly missed EPS and revenue estimates …

Deutsche Bank AG Acquires Shares of 20,904 MarineMax, Inc. $HZO

Deutsche Bank AG has acquired 20,904 shares of MarineMax, Inc. (NYSE:HZO) during the second quarter, valued at approximately $766,000. Institutional investors now own 92.85% of MarineMax, though several analysts have recently downgraded the stock to a "Hold" rating with a consensus price target of …

111,769 Shares in MarineMax, Inc. $HZO Acquired by Empowered Funds LLC

Empowered Funds LLC recently acquired a new stake of 111,769 shares in MarineMax, Inc. (NYSE:HZO) valued at approximately $4.1 million, giving it a 0.51% ownership in the company. Despite this institutional interest, MarineMax faces cautious analyst sentiment with a consensus "Hold" rating and an …

Royal Bank of Canada Trims Position in MarineMax, Inc. $HZO

Royal Bank of Canada significantly reduced its stake in MarineMax, Inc. (NYSE:HZO) by 96.8% in the first quarter, selling 180,187 shares and retaining a smaller position valued at $160,000. This comes as MarineMax reported quarterly revenue below estimates and narrowly missed earnings expectations, prompting …

MarineMax, Inc. $HZO Shares Purchased by Bank of America Corp DE

Bank of America Corp DE increased its stake in MarineMax, Inc. (NYSE:HZO) by 19.8% in the first quarter, now owning 151,964 shares valued at $4.1 million. Despite this institutional buying, MarineMax reported a slight earnings miss and a 7% revenue decline year-over-year in its …

BlackRock Inc. Acquires New Shares in MarineMax, Inc. $HZO

BlackRock Inc. has acquired 3.18 million shares of MarineMax, Inc. (NYSE:HZO) valued at approximately $116.4 million, establishing a 14.39% stake in the company. Other institutional investors also adjusted their holdings, with 92.85% of MarineMax stock now owned by institutional investors and hedge funds. Despite …

MarineMax (HZO) Results at a Glance: Profit Per Share Falls Below Its Benchmark for This Review; Trading Move

MarineMax (HZO) Results at a Glance: Profit Per Share Falls Below Its Benchmark for This Review; Trading Move: Shares Finish 0.10% Lower in the Latest Reading - Operating Income Trends

MarineMax (HZO) Results at a Glance: Profit Per Share Falls Below Its Benchmark for This Review; Trading Move: Shares Finish 0.10% Lower in the Latest Reading - Retail Earnings Report

168,300 Shares in MarineMax, Inc. $HZO Purchased by De Lisle Partners LLP

De Lisle Partners LLP recently acquired 168,300 shares of MarineMax, Inc. (NYSE:HZO) valued at approximately $6.17 million, representing a 0.76% stake in the company. Institutional investors and hedge funds collectively own 92.85% of MarineMax. Analysts currently have a consensus "Hold" rating on the stock …

MarineMax (HZO) Q3 Earnings Meet Estimates

MarineMax (HZO) Quarterly Figures: Profit Per Share Falls Below Its Benchmark in the Available Record; Market Response: Shares Finish 0.10% Lower in the Latest Session - Upward Estimate Revision

DCF Advisers LLC Takes Position in MarineMax, Inc. $HZO

DCF Advisers LLC recently acquired 57,500 shares of MarineMax (NYSE:HZO) valued at $2.1 million, representing a 0.26% stake in the company. Institutional investors collectively own 92.85% of MarineMax, which currently holds a consensus "Hold" rating from analysts with a price target of $43. The …

MarineMax (HZO) Results at a Glance: The EPS Result Is Below Expectation in the Latest Session; The Market Price Advances 0.08% in the Latest Reading - Earnings Manipulation Risk

MarineMax (HZO): Buy, Sell, or Hold Post Q2 Earnings?

29,957 Shares in MarineMax, Inc. $HZO Purchased by SWS Partners

SWS Partners recently acquired 29,957 shares of MarineMax, Inc. (HZO) valued at approximately $1.1 million, representing a 0.14% stake in the company. Institutional investors collectively own 92.85% of MarineMax, though several analysts have downgraded the stock to a "Hold" rating with a consensus price …

MarineMax (HZO) Is Back In Focus, What Is Catching Attention?

MarineMax (HZO) Holds Steady Near $52 as Investors Weigh Marine Leisure Demand - Ichimoku Entry

Blackstone Could Pay $53 for MarineMax (HZO). What Is It Really Buying?

Before the U.S. market opened on August 10, Reuters reported that Blackstone Infrastructure's Safe Harbor Marinas was nearing an agreement to acquire MarineMax, Inc. (NYSE:HZO) for approximately $53 per share in cash. The reported price represents a roughly 49% premium to MarineMax's Friday close …

MarineMax Acquisition: Safe Harbor Agrees to $1.5 Billion Deal

MarineMax has agreed to be acquired by Safe Harbor Marinas, a Blackstone Infrastructure portfolio company, in an all-cash transaction valued at approximately $1.5 billion. Shareholders will receive $53 per share, representing a significant premium over recent trading prices. The deal is expected to close …

Safe Harbor, Blackstone Comment on MarineMax Buy

Safe Harbor and its parent company Blackstone have commented on the recent acquisition of MarineMax, highlighting the complementary nature of the businesses and the goal to enhance services for boaters. Levin Capital, a major MarineMax shareholder, also praised the deal, emphasizing the significant premium …

Donerail Applauds MarineMax Board for Delivering a Value-Maximizing Outcome for Stockholders

MarineMax (HZO) Stock Trades Above Fair Value After Its 116% Run

MarineMax (HZO) stock has seen a significant 116.5% surge year-to-date, making its current valuation appear above fair value, particularly given the proposed US$1.5 billion acquisition by Safe Harbor Marinas. While the stock screens as neither clearly cheap nor expensive based on broader tests, its …

Boating retailer MarineMax to be acquired in $1.5 billion deal

Boating retailer MarineMax has agreed to be acquired by Blackstone-owned Safe Harbor Marinas for approximately $1.5 billion in an all-cash transaction. Safe Harbor will purchase all outstanding shares of MarineMax common stock for $53.00 per share, making MarineMax a privately-held company and delisting its …

MarineMax (NYSE:HZO) Downgraded by Northcoast Research to "Hold"

Northcoast Research downgraded MarineMax (NYSE:HZO) from a "strong buy" to a "hold" rating, joining several other analysts who have recently reduced their ratings for the company. The stock's consensus rating is now "Hold" with an average price target of $43.00. This downgrade follows MarineMax …

Why Is MarineMax (HZO) Stock Soaring Today

Northcoast Downgrades MarineMax to Neutral From Buy

Truist Securities Downgrades MarineMax to Hold From Buy, Adjusts Price Target to $53 From $39

MarineMax Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of MarineMax, Inc. - HZO

Kahn Swick & Foti, LLC (KSF) is investigating the proposed sale of MarineMax, Inc. (NYSE: HZO) to Safe Harbor Marinas, where shareholders would receive $53.00 in cash per share. KSF is scrutinizing whether this price and the process leading to the transaction are adequate …

Safe Harbor To Buy MarineMax For $1.5 Billion Cash

Safe Harbor is set to acquire MarineMax for $1.5 billion in cash, uniting two major players in the global yachting industry. This acquisition will combine MarineMax's extensive network of dealerships, marinas, and yacht brands with Safe Harbor's marina and superyacht services, which is owned …