MarineMax, Inc. logo HZO - MarineMax, Inc.

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| PRICE TARGET: $37.00 DETAILS
HIGH: $39.00
LOW: $35.00
MEDIAN: $37.00
CONSENSUS: $37.00
UPSIDE: 9.79%

About MarineMax, Inc. (https://www.marinemax.com)

MarineMax, Inc. functions as a leading provider in the United States, focusing on the sale of leisure boats and luxury yachts, in addition to offering comprehensive superyacht services. Its operations are segmented into two core areas: Retail Operations and Product Manufacturing. The company's diverse inventory includes both brand-new and pre-owned recreational watercraft, such as pleasure boats, fishing boats, mega-yachts, sport cruisers, motor yachts, pontoon boats, ski boats, and jet boats, among other categories. Beyond vessel sales, MarineMax supplies a vast selection of marine parts and accessories. This encompasses advanced marine electronics; crucial docking and anchoring equipment like boat fenders, lines, and anchors; protective boat covers; trailer components; and water sport essentials such as tubes, wakeboards, and skis. Furthermore, it stocks various engine parts, oils, lubricants, steering and control systems, corrosion prevention items, service products, high-performance accessories including propellers and instruments, and a range of general boating gear like life jackets and inflatables. For enthusiasts, novelty merchandise such as branded apparel and license plates is also available, alongside marine engines and associated equipment. Regarding its service offerings, MarineMax provides maintenance, repair, and accommodation for boat slips and storage. It also facilitates boat and yacht brokerage and arranges charters for both yachts and power catamarans. The company assists customers with financing for new or used boat acquisitions and organizes a variety of insurance coverages, spanning boat property, disability, undercoating, gel sealant, fabric protection, and casualty insurance. Moreover, MarineMax manufactures and sells its own line of sport yachts and larger yachts. Expanding its footprint, the company also orchestrates vacation experiences in Tortola, British Virgin Islands. Its sales channels extend beyond physical showrooms to include offsite venues and a print catalog. MarineMax operates a substantial network of 79 retail locations situated across numerous states: Alabama, California, Connecticut, Florida, Georgia, Illinois, Maryland, Massachusetts, Michigan, Minnesota, Missouri, New Jersey, New York, North Carolina, Ohio, Oklahoma, Rhode Island, South Carolina, Texas, Washington, and Wisconsin. MarineMax, Inc. was established in 1998 and maintains its corporate headquarters in Clearwater, Florida.

Key Executives

NAME TITLE DOB SALARY
William Brett McGill Chief Executive Officer, President & Director 1968 $1,760,193 USD
Kyle G. Langbehn Executive Vice President & President of Retail Operations 1975 $1,001,134 USD
Michael H. McLamb Executive Vice President, Chief Financial Officer & Secretary 1965 $927,748 USD
Charles A. Cashman Senior Vice President of Global Yacht Sales 1963 $750,069 USD
Shawn C. Berg Executive Vice President & Chief Digital Officer 1971 $625,204 USD
Anthony E. Cassella Jr. Executive Vice President of Finance & Chief Accounting Officer 1969 $516,393 USD
Beth Garland Chief People Officer
Manny A. Alvare General Counsel 1977

Company Peers

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