Considering investing in boat stocks? While the best boat stocks depend on your portfolio and investment goals, we've identified some boat stocks that are worth keeping an eye on in the boating sector. Keep reading to learn more about boat stocks and how to start investing.
We round up a selection of stocks in or related to the boating industry, weighting the list more heavily towards popular mid- and large-cap stocks.
| Best stock | 1-year return | Market cap | Exchange | Volume | Buy on CIBC Investor's Edge |
|---|---|---|---|---|---|
| MarineMax (HZO.US) | 11.20% | $560.2 million (USD) | NYSE | 402,550 | Buy now |
| West Marine (WMAR.US) | (data unavailable) | (data unavailable) | NASDAQ | (data unavailable) | Buy now |
| Malibu Boats (MBUU.US) | -17.05% | $500.9 million (USD) | NASDAQ | 384,366 | Buy now |
| MCBC (MCFT.US) | 19.22% | $323.7 million (USD) | NASDAQ | 149,987 | Buy now |
| Brunswick Corporation (BC.US) | 21.77% | $4.6 billion (USD) | NYSE | 1,745,274 | Buy now |
| Marine Products Corporation (MPX.US) | -12.41% | $300.3 million (USD) | NYSE | 68,745 | Buy now |
The boating industry is affected by a range of complex factors such as trade policies, regulations, and fluctuating supply and demand. So when considering boat stocks to buy, it's important that you have access to vital information about a company's financial health, leadership team, and market positioning.
Also keep in mind that, while volatility can be ideal for day traders, long-term investors will want to look for stocks to offer steadier gains over time.
A lot of factors go into picking the best boat stocks. Stock performance can be impacted by factors like market conditions, company decisions and global events. Plus, what may be a strong boat stock investment for one person might not be suitable for another.
That said, we rounded up this list of popular boat stocks in or related to the boating industry to help narrow down your options:
Keep in mind that this is not a "best" list or a recommendation. It highlights some boat stocks for informational purposes only and does not indicate past or future performance or investment advice. We do not guarantee any investment performance.
We've outlined detailed company and stock performance details for each boat stock below. Keep reading to decide if any of these companies are the right investment for you.
MarineMax, Inc. operates as a recreational boat and yacht retailer and superyacht services company in the United States. It operates through two segments, Retail Operations and Product Manufacturing.
| Closing stock price | $26.31 |
|---|---|
| Market Capitalization | $560.2 million |
| Gross profit (TTM) | $741 million |
| Profit margin | -2.46% |
| Revenue (TTM) | $2.3 billion |
| Earnings per share (TTM) | -$2.59 |
| 52-week stock price range | $16.85 – $32.00 |
West Marine, Inc. operates as a specialty retailer of boating supplies, gear, apparel, footwear, and other water life-related products primarily in the United States. The company offers core boating products that comprise of maintenance, electronics, sailboat hardware, anchors/docking/moorings, engine systems, safety, electrical, plumbing, boats/outboards, ventilation, deck hardware/fasteners, navigation, trailering, seating/boat covers, and barbecues/appliances.
| Earnings per share (TTM) | $0.32 |
|---|
Malibu Boats, Inc. designs, engineers, manufactures, markets, and sells various recreational powerboats. The company operates through three segments: Malibu, Saltwater Fishing, and Cobalt.
| Closing stock price | $25.21 |
|---|---|
| Market Capitalization | $500.9 million |
| Gross profit (TTM) | $131.5 million |
| Profit margin | 1.76% |
| Revenue (TTM) | $819.1 million |
| Earnings per share (TTM) | $0.74 |
| 52-week stock price range | $24.05 – $39.65 |
MasterCraft Boat Holdings, Inc. , through its subsidiaries, designs, manufactures, and markets recreational powerboats. It operates in two segments, MasterCraft and Pontoon.
| Closing stock price | $21.28 |
|---|---|
| Market Capitalization | $323.7 million |
| Gross profit (TTM) | $65.1 million |
| Profit margin | 5.27% |
| Revenue (TTM) | $296.2 million |
| Earnings per share (TTM) | $0.94 |
| 52-week stock price range | $14.39 – $26.49 |
Brunswick Corporation designs, manufactures, and markets recreation products in the United States, Europe, the Asia-Pacific, Canada, and internationally. The company operates through four segments: Propulsion, Engine P&A, Navico Group, and Boat. The Propulsion segment provides outboard, sterndrive, inboard engines, propulsion-related controls, rigging, and propellers for boat builders through marine retail dealers under the Mercury, Mercury MerCruiser, Mariner, Mercury Racing, Mercury Diesel, Avator, and Fliteboard brands.
| Closing stock price | $70.47 |
|---|---|
| Market Capitalization | $4.6 billion |
| Gross profit (TTM) | $1.4 billion |
| Profit margin | -2.56% |
| Revenue (TTM) | $5.4 billion |
| Earnings per share (TTM) | -$2.04 |
| 52-week stock price range | $39.94 – $89.80 |
Marine Products Corporation designs, manufactures, and sells recreational fiberglass powerboats for the sport boat and sport fishing boat markets in the United States. It offers Chaparral sterndrive pleasure boats, including SSi Sport Boats, SSX Sport Boats, and the Surf Series and Robalo outboard sport fishing boats. The company also provides center and dual consoles, and Cayman Bay Boats under the Robalo brand name.
| Closing stock price | $7.41 |
|---|---|
| Market Capitalization | $300.3 million |
| Gross profit (TTM) | $43.2 million |
| Profit margin | 5.84% |
| Revenue (TTM) | $227.7 million |
| Earnings per share (TTM) | $0.38 |
| 52-week stock price range | $6.83 – $9.91 |
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