OneWater Marine (NASDAQ:ONEW) Issues 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 0.200-0.700 for the period, compared to the consensus EPS estimate of 0.510. The company issued revenue guidance of $1.8 billion-$1.9 billion, compared to the consensus revenue estimate of $1.8 billion.

OneWater Marine Stock Down 7.1%

Shares of ONEW stock traded down $0.72 on Thursday, reaching $9.39. 185,021 shares of the company’s stock traded hands, compared to its average volume of 112,949. OneWater Marine has a 12-month low of $8.12 and a 12-month high of $17.92. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.26 and a current ratio of 1.13. The company has a market capitalization of $155.97 million, a P/E ratio of -1.39 and a beta of 1.69. The business’s 50 day moving average price is $10.09 and its two-hundred day moving average price is $12.01.

OneWater Marine (NASDAQ:ONEW) last issued its quarterly earnings results on Thursday, April 30th. The company reported ($0.34) earnings per share for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.43). OneWater Marine had a negative net margin of 5.88% and a positive return on equity of 4.32%. The business had revenue of $442.29 million for the quarter, compared to analysts’ expectations of $481.83 million. OneWater Marine has set its FY 2026 guidance at 0.200-0.700 EPS. On average, equities analysts forecast that OneWater Marine will post 0.45 earnings per share for the current year.

Analyst Ratings Changes

Several analysts have recently issued reports on the company. Zacks Research upgraded OneWater Marine from a “strong sell” rating to a “hold” rating in a research note on Monday, January 12th. Weiss Ratings reiterated a “sell (d-)” rating on shares of OneWater Marine in a research note on Tuesday, April 21st. Finally, Truist Financial decreased their price target on OneWater Marine from $17.00 to $15.00 and set a “buy” rating for the company in a research note on Monday. Two analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, OneWater Marine currently has a consensus rating of “Hold” and an average price target of $16.00.

Insider Buying and Selling

In other news, Chairman Philip Austin Jr. Singleton purchased 18,008 shares of the business’s stock in a transaction on Thursday, February 12th. The stock was purchased at an average price of $12.52 per share, with a total value of $225,460.16. Following the acquisition, the chairman directly owned 779,776 shares in the company, valued at approximately $9,762,795.52. The trade was a 2.36% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. 19.50% of the stock is currently owned by company insiders.

Trending Headlines about OneWater Marine

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

• Positive Sentiment: Management is targeting leverage below 4.0x by year?end, signaling a focus on strengthening the balance sheet and reducing financial risk. This deleveraging plan could be viewed positively by credit-sensitive investors and long-term holders. Article Title
• Neutral Sentiment: Company issued FY2026 guidance of $0.20–$0.70 adjusted EPS (wide range) and revenue guidance of ~$1.8–$1.9 billion; revenue guidance is roughly in line with consensus but the EPS range introduces meaningful uncertainty around near?term profitability. Article Title
• Neutral Sentiment: Management commentary in the Q2 call/earnings transcript notes operational challenges but some encouraging signs; investors should watch for follow?through on inventory, margins and working capital actions discussed on the call. Article Title Call Transcript
• Negative Sentiment: Q2 results missed analysts’ estimates: loss of $0.34 EPS vs. consensus +$0.09 and revenue $442.3M vs. est. $481.8M — the shortfalls are the primary driver of the share decline. Article Title
• Negative Sentiment: Profitability metrics weakened year?over?year (negative net margin ~?5.9%) and EPS swung from positive a year ago to a loss this quarter, raising near?term earnings recovery concerns. Article Title
• Negative Sentiment: Market reaction included heavier trading and a share price decline following the miss and the wide EPS range — watch next updates on unit sales, gross margins and progress on leverage reduction for potential stabilization. Article Title

Hedge Funds Weigh In On OneWater Marine

Several large investors have recently added to or reduced their stakes in ONEW. BNP Paribas Financial Markets grew its stake in shares of OneWater Marine by 94.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,872 shares of the company’s stock valued at $45,000 after purchasing an additional 1,395 shares during the period. Dimensional Fund Advisors LP grew its stake 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 valued at $8,710,000 after purchasing an additional 2,378 shares during the period. JPMorgan Chase & Co. grew its stake in shares of OneWater Marine by 50.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 8,129 shares of the company’s stock valued at $129,000 after purchasing an additional 2,710 shares during the period. Bridgeway Capital Management LLC grew its stake in shares of OneWater Marine by 5.9% in the 3rd quarter. Bridgeway Capital Management LLC now owns 59,870 shares of the company’s stock valued at $948,000 after purchasing an additional 3,312 shares during the period. Finally, Russell Investments Group Ltd. grew its stake in shares of OneWater Marine by 2.8% in the 3rd quarter. Russell Investments Group Ltd. now owns 126,800 shares of the company’s stock valued at $2,009,000 after purchasing an additional 3,400 shares during the period. Institutional investors and hedge funds 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.