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 Qtrade |
|---|---|---|---|---|---|
| MarineMax (HZO.US) | (data unavailable) | $616.1 million (USD) | NYSE | (data unavailable) | |
| West Marine (WMAR.US) | (data unavailable) | (data unavailable) | NASDAQ | (data unavailable) | |
| Malibu Boats (MBUU.US) | (data unavailable) | $634.3 million (USD) | NASDAQ | (data unavailable) | |
| MCBC (MCFT.US) | (data unavailable) | $353.6 million (USD) | NASDAQ | (data unavailable) | |
| Brunswick Corporation (BC.US) | 18.95% | $5.3 billion (USD) | NYSE | 927,694 | |
| Marine Products Corporation (MPX.US) | -1.49% | $300.3 million (USD) | NYSE | 31,200 |
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.
| Market Capitalization | $616.1 million |
|---|---|
| Gross profit (TTM) | $750.2 million |
| Profit margin | -1.37% |
| Revenue (TTM) | $2.3 billion |
| Earnings per share (TTM) | -$1.43 |
| 52-week stock price range | $16.85 – $31.51 |
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.
| Market Capitalization | $634.3 million |
|---|---|
| Gross profit (TTM) | $143.8 million |
| Profit margin | 2.31% |
| Revenue (TTM) | $830.7 million |
| Earnings per share (TTM) | $0.97 |
| 52-week stock price range | $24.07 – $42.49 |
MasterCraft Boat Holdings, Inc. , through its subsidiaries, designs, manufactures, and markets recreational powerboats. It operates in two segments, MasterCraft and Pontoon.
| Market Capitalization | $353.6 million |
|---|---|
| Gross profit (TTM) | $60.5 million |
| Profit margin | 5.50% |
| Revenue (TTM) | $287.8 million |
| Earnings per share (TTM) | $0.81 |
| 52-week stock price range | $14.39 – $23.94 |
Brunswick Corporation designs, manufactures, and markets recreation products in the United States, Europe, the Asia-Pacific, Canada, and internationally. It 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 | $80.22 |
|---|---|
| Market Capitalization | $5.3 billion |
| Gross profit (TTM) | $1.3 billion |
| Profit margin | -4.60% |
| Revenue (TTM) | $5.2 billion |
| Earnings per share (TTM) | -$2.06 |
| 52-week stock price range | $40.14 – $89.61 |
Marine Products Corporation designs, manufactures, and sells recreational fiberglass powerboats for the sport boat and sport fishing boat markets in the United States. The company offers Chaparral sterndrive pleasure boats, including SSi Sport Boats, SSX Sport Boats, and the Surf Series; Chaparral outboard pleasure boats, which include OSX Sportboats; and Robalo outboard sport fishing boats. It also provides center and dual consoles, and Cayman Bay Boats under the Robalo brand name.
| Closing stock price | $9.25 |
|---|---|
| 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 | $7.13 – $10.08 |
Compare special offers, low fees and a wide range of investment options among popular trading platforms in Canada. Note that the dollar amounts in the table below are in CAD.
To make comparing even easier we came up with the Finder Score. Trading costs, account fees and features across 10+ stock trading platforms and apps are all weighted and scaled to produce a score out of 10. The higher the score, the better the platform—it's that simple.
We break down which companies hold Ethereum, why they’re doing it and what ETH treasuries mean for markets and investors.
Want to invest in the Euro Stoxx 50 in Canada? Explore investment platforms and popular Euro Stoxx 50 index funds.
What are the best stocks for beginners with little money to invest?
Want to dive into investing but don’t have much to spend? Take a look at these types of stocks.
Compare six brokerage platforms to find the best platform for day trading in Canada.
Want to invest in medical device companies? We’ve put together a list of medical device stocks you should keep your eye on.
Want to invest in leisure companies? We’ve put together a list of leisure stocks you should keep your eye on.
Want to invest in medical supplies companies? We’ve put together a list of medical supplies stocks you should keep your eye on.
Want to invest in nursing home companies? We’ve put together a list of nursing home stocks you should keep your eye on.
Want to invest in luxury goods companies? We’ve put together a list of luxury goods stocks you should keep your eye on.
Want to invest in paper product companies? We’ve put together a list of toilet paper stocks you should keep your eye on.
Want to invest in private construction companies? We’ve put together a list of homebuilding stocks you should keep your eye on.
These are the best renewable energy stocks to buy now in Canada.
Buying US stocks in Canada is easier than you think. Find out how to buy US stocks in 4 simple steps.