News & Events zu MarineMax Inc (HZO)HZOMarineMax Inc

Citi Downgrades MarineMax to Neutral with $53 Price Target

Citi downgraded MarineMax (HZO) to Neutral from Buy with a $53 price target after the company agreed to be acquired by Blackstone's (BX) Safe Harbor for $53 per share in all-cash or $1.5B.

Raymond James: U.S. Boat Registrations Down 16.7% YoY in 2026

Raymond James says that while demand across the domestic marine industry remains soft here in 2026, trends appear to have deteriorated further in August as U.S. powerboat registrations fell 16.7% year-over-year for the month. This compares with the 10.1% decline seen in July and brings the year-to-date drop to 4.9%. As a result, while the firm is now through much of the selling season, demand is tracking somewhat worse than what it believes is the general market expectation for this year of down low-single digits. Publicly-traded companies in the space include Malibu Boats (MBUU), Brunswick (BC) and MarineMax (HZO).

Raymond James: U.S. Powerboat Registration Trends Slow in July

Raymond James says U.S. powerboat registration trends slow in July. While demand across the domestic marine industry remains soft here in 2026, the firm notes trends appear to have deteriorated in July as U.S. powerboat registrations fell 10.1% year-over-year for the month, which compares with the 3.0% decline seen in June and brings the year-to-date drop to 4.3%. As a result, demand is tracking modestly worse than what Raymond James believes is the general market expectation for this year of down low-single digits. Names in focus include Malibu Boats (MBUU), Brunswick (BC) and MarineMax (HZO).