OneWater Marine (NASDAQ:ONEW) Releases FY 2026 Earnings Guidance

OneWater Marine (NASDAQ:ONEW) issued an update on its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.350-0.550 for the period, compared to the consensus EPS estimate of 0.510. The company issued revenue guidance of $1.8 billion-$1.8 billion, compared to the consensus revenue estimate of $1.8 billion.

Analysts Set New Price Targets

A number of research firms have weighed in on ONEW. Truist Financial lowered their price target on OneWater Marine from $15.00 to $13.00 and set a “buy” rating on the stock in a research report on Monday, July 6th. Weiss Ratings cut shares of OneWater Marine from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday, May 22nd. Robert W. Baird set a $13.00 target price on shares of OneWater Marine in a research report on Friday, May 1st. Finally, KeyCorp lowered their price target on shares of OneWater Marine from $16.00 to $14.00 and set an “overweight” rating for the company in a research note on Friday, May 1st. Two research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $13.33.

OneWater Marine Stock Performance

NASDAQ:ONEW opened at $12.70 on Thursday. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.29 and a current ratio of 1.16. OneWater Marine has a fifty-two week low of $8.12 and a fifty-two week high of $17.92. The firm has a market cap of $211.07 million, a PE ratio of -1.69 and a beta of 1.53. The business has a 50 day moving average price of $11.49 and a 200-day moving average price of $11.35.

OneWater Marine (NASDAQ:ONEW) last issued its earnings results on Thursday, July 30th. The company reported $0.73 EPS for the quarter, missing the consensus estimate of $0.75 by ($0.02). OneWater Marine had a positive return on equity of 2.22% and a negative net margin of 6.69%.The firm had revenue of $530.71 million during the quarter, compared to analysts’ expectations of $553.73 million. OneWater Marine has set its FY 2026 guidance at 0.350-0.550 EPS. Equities research analysts predict that OneWater Marine will post 0.58 earnings per share for the current year.

Insider Transactions at OneWater Marine

In other news, Director John Troiano sold 27,844 shares of the company’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $12.07, for a total transaction of $336,077.08. Following the completion of the transaction, the director directly owned 41,438 shares of the company’s stock, valued at approximately $500,156.66. This represents a 40.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Chairman Philip Austin Jr. Singleton bought 21,930 shares of the business’s stock in a transaction that occurred on Tuesday, May 5th. The stock was acquired at an average cost of $10.88 per share, for a total transaction of $238,598.40. Following the completion of the purchase, the chairman directly owned 801,816 shares of the company’s stock, valued at $8,723,758.08. The trade was a 2.81% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 19.50% of the stock is currently owned by insiders.

Institutional Trading of OneWater Marine

Several large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its position in OneWater Marine by 1.2% during the 3rd quarter. Vanguard Group Inc. now owns 706,260 shares of the company’s stock valued at $11,187,000 after purchasing an additional 8,465 shares during the period. Dimensional Fund Advisors LP lifted its position in shares of OneWater Marine by 0.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 549,856 shares of the company’s stock worth $8,710,000 after purchasing an additional 2,378 shares during the period. Charles Schwab Investment Management Inc. lifted its position in shares of OneWater Marine by 33.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 287,265 shares of the company’s stock worth $3,108,000 after purchasing an additional 72,595 shares during the period. Marshall Wace LLP boosted its stake in shares of OneWater Marine by 169.9% during the 4th quarter. Marshall Wace LLP now owns 246,049 shares of the company’s stock valued at $2,662,000 after purchasing an additional 154,876 shares in the last quarter. Finally, Russell Investments Group Ltd. increased its position in shares of OneWater Marine by 2.8% during the third quarter. Russell Investments Group Ltd. now owns 126,800 shares of the company’s stock valued at $2,009,000 after buying an additional 3,400 shares during the period. Institutional investors own 94.32% of the company’s stock.

About OneWater Marine

OneWater Marine Inc (NASDAQ: ONEW) is a leading U.S.-based recreational boat retailer offering a comprehensive range of marine products and services. Since its public debut in 2018, the company has built a broad network of locations that serve both coastal and inland markets. OneWater Marine focuses on delivering a full-service customer experience, from initial boat selection to long-term maintenance and support.

Through its dealership network, OneWater Marine markets new and pre-owned powerboats and personal watercraft from top manufacturers.