KeyCorp Issues Negative Outlook for OneWater Marine Earnings

OneWater Marine Inc. (NASDAQ:ONEW - Free Report) - Equities researchers at KeyCorp lowered their Q3 2025 EPS estimates for OneWater Marine in a research note issued to investors on Wednesday, April 16th. KeyCorp analyst N. Zatzkin now forecasts that the company will post earnings per share of $1.12 for the quarter, down from their previous estimate of $1.25. KeyCorp currently has a "Overweight" rating and a $16.00 target price on the stock. The consensus estimate for OneWater Marine's current full-year earnings is $1.57 per share.

Several other research analysts also recently commented on the company. Truist Financial cut their target price on OneWater Marine from $25.00 to $16.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Baird R W lowered shares of OneWater Marine from a "strong-buy" rating to a "hold" rating in a report on Friday, April 4th. Robert W. Baird reissued a "neutral" rating and set a $18.00 target price (down previously from $25.00) on shares of OneWater Marine in a research note on Friday, April 4th. Finally, Stifel Nicolaus cut their price target on shares of OneWater Marine from $31.00 to $25.00 and set a "buy" rating on the stock in a research report on Wednesday, January 15th. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $19.60.

OneWater Marine Trading Up 1.8 %

Shares of NASDAQ:ONEW traded up $0.25 during mid-day trading on Friday, reaching $14.19. 44,632 shares of the company's stock were exchanged, compared to its average volume of 114,617. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.25 and a current ratio of 1.24. OneWater Marine has a twelve month low of $12.02 and a twelve month high of $31.36. The firm has a market capitalization of $231.48 million, a price-to-earnings ratio of -19.71 and a beta of 2.33. The business's fifty day moving average price is $15.98 and its 200-day moving average price is $18.50.

OneWater Marine (NASDAQ:ONEW - Get Free Report) last released its quarterly earnings data on Thursday, January 30th. The company reported ($0.54) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.84) by $0.30. OneWater Marine had a positive return on equity of 3.09% and a negative net margin of 0.59%.

Insider Buying and Selling

In other news, CEO Philip Austin Jr. Singleton bought 15,000 shares of the business's stock in a transaction that occurred on Tuesday, March 4th. The shares were bought at an average cost of $15.40 per share, for a total transaction of $231,000.00. Following the acquisition, the chief executive officer now directly owns 682,368 shares in the company, valued at approximately $10,508,467.20. This trade represents a 2.25 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 20.30% of the stock is owned by insiders.

Institutional Trading of OneWater Marine

A number of hedge funds and other institutional investors have recently bought and sold shares of ONEW. Royce & Associates LP lifted its position in OneWater Marine by 13.2% in the 4th quarter. Royce & Associates LP now owns 1,853,788 shares of the company's stock valued at $32,219,000 after acquiring an additional 216,410 shares in the last quarter. Russell Investments Group Ltd. grew its holdings in OneWater Marine by 42.0% during the fourth quarter. Russell Investments Group Ltd. now owns 201,943 shares of the company's stock worth $3,510,000 after buying an additional 59,753 shares in the last quarter. Millennium Management LLC purchased a new stake in OneWater Marine in the 4th quarter valued at $782,000. Jane Street Group LLC lifted its stake in OneWater Marine by 2,322.1% during the 4th quarter. Jane Street Group LLC now owns 40,158 shares of the company's stock valued at $698,000 after acquiring an additional 38,500 shares in the last quarter. Finally, First Eagle Investment Management LLC bought a new stake in shares of OneWater Marine in the 4th quarter worth $588,000. Institutional investors own 94.32% of the company's stock.

OneWater Marine Company Profile

OneWater Marine Inc operates as a recreational boat retailer in the United States. The company offers new and pre-owned recreational boats and yachts, as well as related marine products, such as parts and accessories. It provides boat repair and maintenance services. In addition, the company arranges boat financing and insurance; and other ancillary services, including indoor and outdoor storage, and marina services.