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

OneWater Marine (NASDAQ:ONEW) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided EPS guidance of 0.250-0.750 for the period, compared to the consensus EPS estimate of 0.640. The company issued revenue guidance of $1.8 billion-$1.9 billion, compared to the consensus revenue estimate of $1.9 billion.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Zacks Research raised OneWater Marine from a “strong sell” rating to a “hold” rating in a research report on Monday, January 12th. Benchmark restated a “hold” rating on shares of OneWater Marine in a research note on Friday, November 14th. KeyCorp dropped their target price on shares of OneWater Marine from $17.00 to $16.00 and set an “overweight” rating for the company in a research report on Friday, November 14th. Truist Financial raised their price objective on shares of OneWater Marine from $16.00 to $18.00 and gave the company a “buy” rating in a research report on Wednesday, October 15th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of OneWater Marine in a research note on Thursday, January 22nd. Two analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, OneWater Marine presently has a consensus rating of “Hold” and an average target price of $17.00.

OneWater Marine Stock Up 1.7%

NASDAQ ONEW traded up $0.22 during midday trading on Friday, hitting $13.11. 48,091 shares of the company traded hands, compared to its average volume of 179,617. The company has a market cap of $216.63 million, a PE ratio of -1.85 and a beta of 1.64. The company’s 50-day simple moving average is $11.99 and its 200-day simple moving average is $14.31. OneWater Marine has a 52 week low of $10.14 and a 52 week high of $21.00. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.14 and a quick ratio of 0.28.

Key Stories Impacting OneWater Marine

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

• Positive Sentiment: Q1 beat on EPS and met revenue — OneWater reported adjusted EPS of ($0.04) vs. consensus ($0.39) and revenue roughly in line at $380.6M; management flagged modestly better gross margins aided by favorable model mix. OneWater Q1 results and metrics
• Positive Sentiment: Portfolio optimization is showing early benefit — management said portfolio optimization and inventory positioning contributed to improved margins and execution, a constructive signal for margin recovery going forward. Company press release
• Positive Sentiment: Immediate market reaction was strong — several outlets report the stock jumped sharply after the results, reflecting relief over the EPS beat and margin commentary. Investing.com coverage
• Neutral Sentiment: Company maintained a sales outlook but kept it in a relatively wide band — management reiterated a roughly $1.83B–$1.93B sales range for FY2026, keeping revenue expectations but not raising the bar. Outlook coverage
• Neutral Sentiment: Earnings call/transcript available for detail — the full Q1 call discusses inventory, store performance, and actions on portfolio optimization (useful for checking sustainability of margin gains). Earnings call transcript
• Negative Sentiment: FY2026 EPS guidance is conservative versus consensus — management set EPS guidance of $0.25–$0.75 (consensus ~$0.64), leaving the midpoint below street expectations and creating potential downside if execution slips. Benzinga overview
• Negative Sentiment: Company-level leverage and margins remain a watch item — OneWater still shows a negative net margin (-6.1% reported) and meaningful leverage on the balance sheet; sustained margin improvement is required to restore profitability confidence. Market data and ratios
• Neutral Sentiment: Analyst consensus still cautious — aggregated broker ratings are around “Hold,” suggesting investors should look for continued execution before upgrading estimates. Brokerage ratings

Institutional Investors Weigh In On OneWater Marine

A number of institutional investors and hedge funds have recently made changes to their positions in ONEW. Vanguard Group Inc. raised its holdings in shares of OneWater Marine by 1.2% in the third quarter. Vanguard Group Inc. now owns 706,260 shares of the company’s stock valued at $11,187,000 after buying an additional 8,465 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of OneWater Marine by 0.4% during the 3rd quarter. Dimensional Fund Advisors LP now owns 549,856 shares of the company’s stock worth $8,710,000 after buying an additional 2,378 shares in the last quarter. Russell Investments Group Ltd. boosted its stake in shares of OneWater Marine by 2.8% in 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 in the last quarter. Ameriprise Financial Inc. raised its position in OneWater Marine by 36.8% in the second quarter. Ameriprise Financial Inc. now owns 116,662 shares of the company’s stock worth $1,562,000 after acquiring an additional 31,410 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its position in shares of OneWater Marine by 8.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 101,291 shares of the company’s stock worth $1,639,000 after purchasing an additional 7,659 shares in the last quarter. 94.32% of the stock is owned by hedge funds and other institutional investors.

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.