Professional
Added to YB: 2026-02-04
Pitch date: 2026-01-30
HZO [neutral]
MarineMax, Inc.
+3.66%
current return
Author Info
Ace River Capital is a concentrated, long-term fund focused on asymmetric risk/reward opportunities. Sign up for the newsletter.
Company Info
MarineMax, Inc. operates as a recreational boat and yacht retailer and superyacht services company in the United States.
Market Cap
$569.6M
Pitch Price
$26.49
Price Target
N/A
Dividend
N/A
EV/EBITDA
10.77
P/E
-9.82
EV/Sales
0.70
Sector
Specialty Retail
Category
value
Ace River Capital – Investor Update (Year-End 2025) - MarineMax, Inc.
HZO (reduced position): Attractive long-term marina/waterfront real estate owner but lacks near-term catalysts. Retail boating cyclical headwinds persist. Mgmt shifting to higher-margin service/storage/marina revenue, but unclear if structural improvement vs cyclical retail weakness. Position halved via covered calls.
Read full article (1 min)