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

OneWater Marine (NASDAQ:ONEW) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share 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.

OneWater Marine Trading Down 2.4%

Shares of ONEW stock traded down $0.30 during trading hours on Thursday, hitting $12.40. 112,587 shares of the company’s stock traded hands, compared to its average volume of 137,276. The stock’s 50 day simple moving average is $11.53 and its 200 day simple moving average is $11.34. The stock has a market cap of $206.09 million, a PE ratio of -1.65 and a beta of 1.53. OneWater Marine has a 12 month low of $8.12 and a 12 month high of $17.92. The company has a quick ratio of 0.29, a current ratio of 1.16 and a debt-to-equity ratio of 1.23.

OneWater Marine (NASDAQ:ONEW) last issued its quarterly earnings results on Thursday, July 30th. The company reported $0.73 EPS for the quarter, missing analysts’ consensus estimates 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 business had revenue of $530.71 million for the quarter, compared to analyst estimates of $553.73 million. OneWater Marine has set its FY 2026 guidance at 0.350-0.550 EPS. On average, sell-side analysts anticipate that OneWater Marine will post 0.58 EPS for the current year.

Wall Street Analysts Forecast Growth

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

Insiders Place Their Bets

In other news, Chairman Philip Austin Jr. Singleton acquired 21,930 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The stock was bought at an average cost of $10.88 per share, for a total transaction of $238,598.40. Following the completion of the transaction, the chairman directly owned 801,816 shares in the company, valued at $8,723,758.08. This represents a 2.81% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director John Troiano sold 27,844 shares of OneWater Marine stock in a transaction on Friday, May 8th. The stock was sold at an average price of $12.07, for a total transaction of $336,077.08. Following the transaction, the director directly owned 41,438 shares of the company’s stock, valued at $500,156.66. This represents a 40.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 19.50% of the company’s stock.

More OneWater Marine News

Here are the key news stories impacting OneWater Marine this week:

• Positive Sentiment: OneWater maintained full-year 2026 revenue guidance of approximately $1.8 billion, in line with analysts’ expectations, suggesting sales are broadly tracking the market outlook. OneWater Marine: Fiscal Q3 Earnings Snapshot
• Neutral Sentiment: Management guided to fiscal 2026 EPS of $0.35 to $0.55, with a midpoint of $0.45. That range includes the $0.51 analyst consensus but indicates limited earnings visibility and a potentially wide range of outcomes. OneWater Marine Earnings Guidance
• Negative Sentiment: Fiscal-third-quarter EPS was $0.73, below the $0.75 consensus estimate cited by MarketBeat and the $0.94 estimate cited by Zacks. Earnings also declined from $0.79 a year earlier, signaling weaker profitability. OneWater Marine Misses Q3 Earnings and Revenue Estimates
• Negative Sentiment: Quarterly revenue of $530.71 million missed analysts’ $553.73 million forecast, reinforcing concerns about demand and sales execution in the recreational marine market. OneWater Reports Sales Below Analyst Estimates
• Negative Sentiment: The company reported a negative net margin of 6.69%, while its relatively high debt-to-equity ratio of 1.23 could amplify investor concerns if operating performance remains weak.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. BNP Paribas Financial Markets grew its stake in OneWater Marine by 94.4% during the third quarter. BNP Paribas Financial Markets now owns 2,872 shares of the company’s stock worth $45,000 after purchasing an additional 1,395 shares during the period. Los Angeles Capital Management LLC acquired a new position in OneWater Marine in the fourth quarter valued at approximately $82,000. JPMorgan Chase & Co. lifted its stake in OneWater Marine by 50.0% in the third quarter. JPMorgan Chase & Co. now owns 8,129 shares of the company’s stock valued at $129,000 after buying an additional 2,710 shares during the period. Man Group plc bought a new position in shares of OneWater Marine during the 4th quarter worth approximately $139,000. Finally, Wells Fargo & Company MN boosted its holdings in shares of OneWater Marine by 39.9% during the 4th quarter. Wells Fargo & Company MN now owns 12,973 shares of the company’s stock worth $140,000 after buying an additional 3,701 shares in the last quarter. 94.32% of the stock is owned by institutional investors and hedge funds.

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.