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

OneWater Marine (NASDAQ:ONEW) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 0.350-0.550 for the period, compared to the consensus 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.

OneWater Marine Stock Performance

NASDAQ ONEW traded down $0.08 during trading hours on Friday, hitting $12.32. The company had a trading volume of 83,669 shares, compared to its average volume of 136,752. The business has a 50 day moving average of $11.53 and a 200-day moving average of $11.34. The company has a market cap of $204.77 million, a PE ratio of -1.64 and a beta of 1.53. OneWater Marine has a 1-year low of $8.12 and a 1-year high of $17.92. 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 (NASDAQ:ONEW) last issued its quarterly earnings results on Thursday, July 30th. The company reported $0.73 earnings per share for the quarter, missing analysts’ consensus estimates of $0.75 by ($0.02). The business had revenue of $530.71 million for the quarter, compared to analyst estimates of $553.73 million. OneWater Marine had a positive return on equity of 2.22% and a negative net margin of 6.69%.OneWater Marine has set its FY 2026 guidance at 0.350-0.550 EPS. As a group, equities research analysts expect that OneWater Marine will post 0.58 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. Robert W. Baird set a $13.00 target price on OneWater Marine in a report on Friday, May 1st. Truist Financial lowered their price objective on shares of 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 note on Friday, May 22nd. Finally, KeyCorp reduced their price objective on shares of OneWater Marine from $16.00 to $14.00 and set an “overweight” rating for the company in a research report on Friday, May 1st. Two analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $13.33.

Insiders Place Their Bets

In other news, Chairman Philip Austin Jr. Singleton bought 21,930 shares of the stock in a transaction on Tuesday, May 5th. The shares were bought at an average price of $10.88 per share, with a total value of $238,598.40. Following the completion of the acquisition, the chairman owned 801,816 shares of the company’s stock, valued at approximately $8,723,758.08. This trade represents a 2.81% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director John Troiano sold 27,844 shares of the firm’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $12.07, for a total value of $336,077.08. Following the completion of the transaction, the director owned 41,438 shares of the company’s stock, valued at approximately $500,156.66. This represents a 40.19% decrease in their position. The SEC filing for this sale provides additional information. 19.50% of the stock is currently owned by insiders.

Institutional Trading of OneWater Marine

Several large investors have recently modified their holdings of the business. Marshall Wace LLP raised its position 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 worth $2,662,000 after purchasing an additional 154,876 shares during the last quarter. Jane Street Group LLC lifted its position in shares of OneWater Marine by 126.6% in the second quarter. Jane Street Group LLC now owns 25,831 shares of the company’s stock valued at $346,000 after acquiring an additional 122,976 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of OneWater Marine by 33.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 287,265 shares of the company’s stock worth $3,108,000 after buying an additional 72,595 shares in the last quarter. Bridgeway Capital Management LLC purchased a new position in shares of OneWater Marine during the second quarter valued at approximately $757,000. Finally, Squarepoint Ops LLC boosted its position in OneWater Marine by 163.7% during the fourth quarter. Squarepoint Ops LLC now owns 51,724 shares of the company’s stock worth $560,000 after acquiring an additional 32,108 shares during the last quarter. 94.32% of the stock is currently owned by institutional investors and hedge funds.

OneWater Marine Company Profile

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.