OneWater Marine Inc. operates as a recreational boat retailer in the United States. It offers new and pre-owned recreational boats and yachts, as well as related marine products, such as parts and accessories. The company also provides boat repair and maintenance services; arranges boat financing and insurance; and other ancillary services, including indoor and outdoor storage, and marina, as well as rental of boats and personal watercraft. As of March 25, 2021, it operated 69 stores in 10 states, including Texas, Florida, Alabama, North Carolina, South Carolina, and Georgia. OneWater Marine Inc. was founded in 2014 and is headquartered in Buford, Georgia.
IPO Year: 2020
Exchange: NASDAQ
Website: onewatermarine.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/22/2024 | Hold | The Benchmark Company | |
| 7/18/2023 | Outperform → Mkt Perform | Raymond James | |
| 4/19/2023 | $33.00 | Overweight | KeyBanc Capital Markets |
| 9/30/2022 | $35.00 | Neutral | DA Davidson |
| 2/4/2022 | $61.00 → $72.00 | Outperform | Raymond James |
| 11/19/2021 | $56.00 → $62.00 | Overweight | Keybanc |
| 9/30/2021 | $45.00 | Outperform | Wolfe Research |
| 7/30/2021 | $68.00 → $61.00 | Outperform | Raymond James |
Fiscal Year 2024 Highlights Revenue decreased 8% to $1.78 billionSame-store sales decreased 7%Gross profit margin of 24.5%GAAP net loss of $6 million, or $(0.39) per diluted share and adjusted diluted earnings per share1 of $0.98Adjusted EBITDA1 was $82 million BUFORD, Ga., Nov. 14, 2024 (GLOBE NEWSWIRE) -- OneWater Marine Inc. (NASDAQ:ONEW) ("OneWater" or the "Company") today announced results for its fiscal fourth quarter and year ended September 30, 2024. "Our team demonstrated remarkable resilience and execution amidst a challenging retail environment as consumer behavior and industry inventory reset in fiscal 2024. Our revenue and brand diversification, coupled with our geographic
BUFORD, Ga., Oct. 31, 2024 (GLOBE NEWSWIRE) -- OneWater Marine Inc. (NASDAQ:ONEW) (the "Company" or "OneWater") announced today that it will release its fourth quarter and full-year 2024 financial results on Thursday, November 14th, 2024, before the market opens. Following the release, the Company's management team will host a conference call to discuss the results at 8:30 a.m. Eastern Time that day. To access via phone, participants can use the dial in below: Event: OneWater Marine Inc. Fiscal Fourth Quarter and Full-Year 2024 Conference Call Date: Thursday, November 14th, 2024 Time: 8:30 a.m. Eastern Time Live Call: 1-833-630-0581 or 1-412-317-1814 (International) OneWater Marine w
BUFORD, Ga., Sept. 26, 2024 (GLOBE NEWSWIRE) -- OneWater Marine Inc. (NASDAQ:ONEW) ("OneWater" or the "Company") today announced that its operations on the Gulf Coast will be directly impacted by Hurricane Helene. As a result of the hurricane's evolving trajectory, which is expected to further intensify, earlier this week the Company's 26 Gulf Coast locations initiated preparedness procedures, as the region braces for landfall. An additional 21 locations in Alabama, Georgia, and South Carolina are expected to see significant weather and flooding over the weekend as well. As a result, September sales will be lower than anticipated and the Company now expects its full year results to come in
Significantly Outperformed Industry, Notwithstanding a Severe Weather Impact in Texas Continued to Manage the Cost Structure, Lowering SG&A on a Dollar Basis During the Quarter Clean and Optimized Inventory Position Ahead of Fiscal Year 2025 Fiscal Third Quarter 2024 Highlights Revenue decreased 9% to $542 millionSame-store sales decreased 8% for the quarterGross profit margin of 24.4%GAAP net income of $17 million, or $0.99 per diluted share and adjusted diluted earnings per share1 of $1.05Adjusted EBITDA1 was $39 million BUFORD, Ga., July 30, 2024 (GLOBE NEWSWIRE) -- OneWater Marine Inc. (NASDAQ:ONEW) ("OneWater" or the "Company") today announced results for its fiscal third quarter
BUFORD, Ga., July 16, 2024 (GLOBE NEWSWIRE) -- OneWater Marine Inc. (NASDAQ:ONEW) (the "Company" or "OneWater") announced today that it will release its third quarter 2024 financial results on Tuesday, July 30th, 2024, before the market opens. Following the release, the Company's management team will host a conference call to discuss the results at 8:30 a.m. Eastern Time that day. To access via phone, participants can use the dial in below: Event: OneWater Marine Inc. Fiscal Third Quarter 2024 Conference Call Date: Tuesday, July 30th, 2024 Time: 8:30 a.m. Eastern Time Live Call: 1-833-630-0581 or 1-412-317-1814 (International) OneWater Marine will offer a live webcast of the conferen
OneWater Marine Inc. (NASDAQ:ONEW) ("OneWater" or the "Company") today released the following statement in response to inquiries regarding recent news reports: "As a matter of policy, we do not comment on market rumors or speculation. OneWater is a highly disciplined and seasoned acquiror within the fragmented boating industry. Since 2014, we have successfully executed more than 30 acquisitions that have contributed to increased shareholder value. This strong track record is anchored by our ability to meaningfully expand EBITDA of acquired companies through expeditious synergy realization. OneWater has a strong balance sheet and will continue to prioritize judicious capital allocation
Fiscal Second Quarter 2024 Highlights Revenue decreased 7% to $488 millionSame-store sales decreased 5% for the quarter; average annual increase of 4% over last two yearsGross profit margin of 24.6%GAAP net loss of $(5) million, or $(0.27) per diluted share and adjusted diluted earnings per share1 of $0.67Adjusted EBITDA1 was $28 million BUFORD, Ga., May 02, 2024 (GLOBE NEWSWIRE) -- OneWater Marine Inc. (NASDAQ:ONEW) ("OneWater" or the "Company") today announced results for its fiscal second quarter ended March 31, 2024. "Our second quarter results were largely in line with our expectations and historical seasonality as we continue to outperform the industry. Like the
BUFORD, Ga., May 01, 2024 (GLOBE NEWSWIRE) -- OneWater Marine Inc. (NASDAQ:ONEW) ("OneWater" or the "Company") announced today that it has completed the previously announced acquisition of Garden State Yacht Sales ("Garden State"), which further expands the Company's presence in the Mid-Atlantic U.S. and enhances new and pre-owned boat sales, finance, and parts and services offerings. "We would like to thank the Stavola family for the tremendous opportunity to build on Garden State's strong reputation," said Austin Singleton, Chief Executive Officer for OneWater. "The acquisition increases our exposure and expands our suite of offerings in the attractive Mid-Atlantic boating market. Lever
BUFORD, Ga., April 18, 2024 (GLOBE NEWSWIRE) -- OneWater Marine Inc. (NASDAQ:ONEW) (the "Company" or "OneWater") announced today that it will release its second quarter 2024 financial results on Thursday, May 2nd, 2024, before the market opens. Following the release, the Company's management team will host a conference call to discuss the results at 8:30 a.m. Eastern Time that day. To access via phone, participants can use the dial in below: Event: OneWater Marine Inc. Fiscal Second Quarter 2024 Conference Call Date: Thursday, May 2, 2024 Time: 8:30 a.m. Eastern Time Live Call: 1-833-630-0581 or 1-412-317-1814 (International) OneWater Marine will offer a live webcast of the conferenc
BUFORD, Ga., April 11, 2024 (GLOBE NEWSWIRE) -- OneWater Marine Inc. (NASDAQ:ONEW) ("OneWater" or the "Company") announced today that it has signed a definitive agreement to acquire Garden State Yacht Sales ("Garden State"), which further expands the Company's presence in the Mid-Atlantic U.S. and enhances new and pre-owned boat sales, finance, and parts and services offerings. "We continue to execute our strategic growth objectives with the addition of Garden State Yacht Sales, a premium dealership and marina location. With minimal capital outlay, we look forward to leveraging our proven integration playbook to capitalize on the compelling upside potential of this acquisition," said Aust
Fiscal Year 2024 Highlights Revenue decreased 8% to $1.78 billionSame-store sales decreased 7%Gross profit margin of 24.5%GAAP net loss of $6 million, or $(0.39) per diluted share and adjusted diluted earnings per share1 of $0.98Adjusted EBITDA1 was $82 million BUFORD, Ga., Nov. 14, 2024 (GLOBE NEWSWIRE) -- OneWater Marine Inc. (NASDAQ:ONEW) ("OneWater" or the "Company") today announced results for its fiscal fourth quarter and year ended September 30, 2024. "Our team demonstrated remarkable resilience and execution amidst a challenging retail environment as consumer behavior and industry inventory reset in fiscal 2024. Our revenue and brand diversification, coupled with our geographic
BUFORD, Ga., Oct. 31, 2024 (GLOBE NEWSWIRE) -- OneWater Marine Inc. (NASDAQ:ONEW) (the "Company" or "OneWater") announced today that it will release its fourth quarter and full-year 2024 financial results on Thursday, November 14th, 2024, before the market opens. Following the release, the Company's management team will host a conference call to discuss the results at 8:30 a.m. Eastern Time that day. To access via phone, participants can use the dial in below: Event: OneWater Marine Inc. Fiscal Fourth Quarter and Full-Year 2024 Conference Call Date: Thursday, November 14th, 2024 Time: 8:30 a.m. Eastern Time Live Call: 1-833-630-0581 or 1-412-317-1814 (International) OneWater Marine w
BUFORD, Ga., Sept. 26, 2024 (GLOBE NEWSWIRE) -- OneWater Marine Inc. (NASDAQ:ONEW) ("OneWater" or the "Company") today announced that its operations on the Gulf Coast will be directly impacted by Hurricane Helene. As a result of the hurricane's evolving trajectory, which is expected to further intensify, earlier this week the Company's 26 Gulf Coast locations initiated preparedness procedures, as the region braces for landfall. An additional 21 locations in Alabama, Georgia, and South Carolina are expected to see significant weather and flooding over the weekend as well. As a result, September sales will be lower than anticipated and the Company now expects its full year results to come in
Significantly Outperformed Industry, Notwithstanding a Severe Weather Impact in Texas Continued to Manage the Cost Structure, Lowering SG&A on a Dollar Basis During the Quarter Clean and Optimized Inventory Position Ahead of Fiscal Year 2025 Fiscal Third Quarter 2024 Highlights Revenue decreased 9% to $542 millionSame-store sales decreased 8% for the quarterGross profit margin of 24.4%GAAP net income of $17 million, or $0.99 per diluted share and adjusted diluted earnings per share1 of $1.05Adjusted EBITDA1 was $39 million BUFORD, Ga., July 30, 2024 (GLOBE NEWSWIRE) -- OneWater Marine Inc. (NASDAQ:ONEW) ("OneWater" or the "Company") today announced results for its fiscal third quarter
BUFORD, Ga., July 16, 2024 (GLOBE NEWSWIRE) -- OneWater Marine Inc. (NASDAQ:ONEW) (the "Company" or "OneWater") announced today that it will release its third quarter 2024 financial results on Tuesday, July 30th, 2024, before the market opens. Following the release, the Company's management team will host a conference call to discuss the results at 8:30 a.m. Eastern Time that day. To access via phone, participants can use the dial in below: Event: OneWater Marine Inc. Fiscal Third Quarter 2024 Conference Call Date: Tuesday, July 30th, 2024 Time: 8:30 a.m. Eastern Time Live Call: 1-833-630-0581 or 1-412-317-1814 (International) OneWater Marine will offer a live webcast of the conferen
Fiscal Second Quarter 2024 Highlights Revenue decreased 7% to $488 millionSame-store sales decreased 5% for the quarter; average annual increase of 4% over last two yearsGross profit margin of 24.6%GAAP net loss of $(5) million, or $(0.27) per diluted share and adjusted diluted earnings per share1 of $0.67Adjusted EBITDA1 was $28 million BUFORD, Ga., May 02, 2024 (GLOBE NEWSWIRE) -- OneWater Marine Inc. (NASDAQ:ONEW) ("OneWater" or the "Company") today announced results for its fiscal second quarter ended March 31, 2024. "Our second quarter results were largely in line with our expectations and historical seasonality as we continue to outperform the industry. Like the
BUFORD, Ga., May 01, 2024 (GLOBE NEWSWIRE) -- OneWater Marine Inc. (NASDAQ:ONEW) ("OneWater" or the "Company") announced today that it has completed the previously announced acquisition of Garden State Yacht Sales ("Garden State"), which further expands the Company's presence in the Mid-Atlantic U.S. and enhances new and pre-owned boat sales, finance, and parts and services offerings. "We would like to thank the Stavola family for the tremendous opportunity to build on Garden State's strong reputation," said Austin Singleton, Chief Executive Officer for OneWater. "The acquisition increases our exposure and expands our suite of offerings in the attractive Mid-Atlantic boating market. Lever
BUFORD, Ga., April 18, 2024 (GLOBE NEWSWIRE) -- OneWater Marine Inc. (NASDAQ:ONEW) (the "Company" or "OneWater") announced today that it will release its second quarter 2024 financial results on Thursday, May 2nd, 2024, before the market opens. Following the release, the Company's management team will host a conference call to discuss the results at 8:30 a.m. Eastern Time that day. To access via phone, participants can use the dial in below: Event: OneWater Marine Inc. Fiscal Second Quarter 2024 Conference Call Date: Thursday, May 2, 2024 Time: 8:30 a.m. Eastern Time Live Call: 1-833-630-0581 or 1-412-317-1814 (International) OneWater Marine will offer a live webcast of the conferenc
BUFORD, Ga., April 11, 2024 (GLOBE NEWSWIRE) -- OneWater Marine Inc. (NASDAQ:ONEW) ("OneWater" or the "Company") announced today that it has signed a definitive agreement to acquire Garden State Yacht Sales ("Garden State"), which further expands the Company's presence in the Mid-Atlantic U.S. and enhances new and pre-owned boat sales, finance, and parts and services offerings. "We continue to execute our strategic growth objectives with the addition of Garden State Yacht Sales, a premium dealership and marina location. With minimal capital outlay, we look forward to leveraging our proven integration playbook to capitalize on the compelling upside potential of this acquisition," said Aust
Fiscal First Quarter 2024 Highlights Revenue decreased 1% to $364 millionSame-store sales increased 2%Gross profit margin of 25.1%GAAP net loss of $(8) million, or $(0.49) per diluted share and adjusted diluted loss per share1 of $(0.38)Adjusted EBITDA1 was $7 million BUFORD, Ga., Feb. 01, 2024 (GLOBE NEWSWIRE) -- OneWater Marine Inc. (NASDAQ:ONEW) ("OneWater" or the "Company") today announced results for its fiscal first quarter ended December 31, 2023. "We delivered same store sales growth of 2% despite an increasingly competitive landscape with more moderated pricing. As expected, the return to traditional seasonal patterns and mix shift impacted results, with a preference towards ou
4 - OneWater Marine Inc. (0001772921) (Issuer)
4 - OneWater Marine Inc. (0001772921) (Issuer)
4 - OneWater Marine Inc. (0001772921) (Issuer)
4 - OneWater Marine Inc. (0001772921) (Issuer)
4 - OneWater Marine Inc. (0001772921) (Issuer)
4 - OneWater Marine Inc. (0001772921) (Issuer)
4 - OneWater Marine Inc. (0001772921) (Issuer)
4 - OneWater Marine Inc. (0001772921) (Issuer)
4 - OneWater Marine Inc. (0001772921) (Issuer)
4 - OneWater Marine Inc. (0001772921) (Issuer)
8-K - OneWater Marine Inc. (0001772921) (Filer)
SCHEDULE 13G/A - OneWater Marine Inc. (0001772921) (Subject)
8-K - OneWater Marine Inc. (0001772921) (Filer)
EFFECT - OneWater Marine Inc. (0001772921) (Filer)
S-3 - OneWater Marine Inc. (0001772921) (Filer)
10-Q - OneWater Marine Inc. (0001772921) (Filer)
8-K - OneWater Marine Inc. (0001772921) (Filer)
10-Q - OneWater Marine Inc. (0001772921) (Filer)
8-K - OneWater Marine Inc. (0001772921) (Filer)
8-K - OneWater Marine Inc. (0001772921) (Filer)
4 - OneWater Marine Inc. (0001772921) (Issuer)
4 - OneWater Marine Inc. (0001772921) (Issuer)
4 - OneWater Marine Inc. (0001772921) (Issuer)
4 - OneWater Marine Inc. (0001772921) (Issuer)
4 - OneWater Marine Inc. (0001772921) (Issuer)
4 - OneWater Marine Inc. (0001772921) (Issuer)
4 - OneWater Marine Inc. (0001772921) (Issuer)
4 - OneWater Marine Inc. (0001772921) (Issuer)
4 - OneWater Marine Inc. (0001772921) (Issuer)
4 - OneWater Marine Inc. (0001772921) (Issuer)
BUFORD, Ga., March 02, 2023 (GLOBE NEWSWIRE) -- BUFORD, GA, March 2, 2023 – OneWater Marine Inc. (NASDAQ:ONEW) ("OneWater" or the "Company") today announced the appointment of Carmen Bauza to the Company's Board of Directors (the "Board") as an additional independent director, effective as of March 1, 2023. This appointment will increase the size of the Board from eight to nine directors, seven of whom are independent. "We are excited to welcome Carmen Bauza to the Board of Directors. Carmen is a seasoned executive with global retail experience and a proven track record of consistently driving growth through omni-channel marketing strategies, product innovation and digitization," said Joh
BUFORD, Ga., Aug. 12, 2022 (GLOBE NEWSWIRE) -- OneWater Marine Inc. (NASDAQ:ONEW) ("OneWater" or "the Company") today announced the appointment of Steve Roy to the Company's Board of Directors (the "Board") as an additional independent director, effective as of August 12, 2022. This appointment will increase the size of the Board from ten to eleven directors, nine of whom are independent. "We are thrilled to welcome Steve to the Board of Directors. His financial expertise across multiple industries, including logistics and retail, will provide valuable insights as we continue to advance OneWater's growth strategy," said Mitchell Legler, OneWater's Chairman of the Board. "Steve's proven fi
BUFORD, Ga., March 23, 2022 (GLOBE NEWSWIRE) -- OneWater Marine Inc. (NASDAQ:ONEW) ("OneWater" or "the Company") today announced the appointment of Greg Shell to the Company's Board of Directors as an additional independent director, effective as of April 1, 2022. This appointment will increase the size of the Board from nine to ten directors, eight of whom are independent. "We are delighted to welcome Greg to the Board of Directors. His capital markets experience, coupled with his governance and financial expertise that support growth acceleration will be incredibly valuable as we further advance OneWater's strategy. At the same time, his expertise in effecting positive societal and envi
The Benchmark Company initiated coverage of OneWater Marine with a rating of Hold
Raymond James downgraded OneWater Marine from Outperform to Mkt Perform
KeyBanc Capital Markets initiated coverage of OneWater Marine with a rating of Overweight and set a new price target of $33.00
DA Davidson initiated coverage of OneWater Marine with a rating of Neutral and set a new price target of $35.00
Raymond James reiterated coverage of OneWater Marine with a rating of Outperform and set a new price target of $72.00 from $61.00 previously
Keybanc reiterated coverage of OneWater Marine with a rating of Overweight and set a new price target of $62.00 from $56.00 previously
Wolfe Research initiated coverage of OneWater Marine with a rating of Outperform and set a new price target of $45.00
Raymond James reiterated coverage of OneWater Marine with a rating of Outperform and set a new price target of $61.00 from $68.00 previously
Raymond James reiterated coverage of OneWater Marine with a rating of Outperform and set a new price target of $68.00 from $48.00 previously
Raymond James reiterated coverage of OneWater Marine with a rating of Outperform and set a new price target of $48.00 from $41.00 previously
SC 13G/A - OneWater Marine Inc. (0001772921) (Subject)
SC 13G/A - OneWater Marine Inc. (0001772921) (Subject)
SC 13G/A - OneWater Marine Inc. (0001772921) (Subject)
SC 13G/A - OneWater Marine Inc. (0001772921) (Subject)
SC 13G/A - OneWater Marine Inc. (0001772921) (Subject)
SC 13G - OneWater Marine Inc. (0001772921) (Subject)
SC 13G/A - OneWater Marine Inc. (0001772921) (Subject)
SC 13G/A - OneWater Marine Inc. (0001772921) (Subject)
SC 13D/A - OneWater Marine Inc. (0001772921) (Subject)
SC 13G/A - OneWater Marine Inc. (0001772921) (Subject)
Benchmark analyst Michael Albanese reiterates OneWater Marine (NASDAQ:ONEW) with a Hold.
Shares of boat dealer MarineMax Inc. (NYSE:HZO) are trading higher premarket Monday. OneWater Marine Inc. (NASDAQ:ONEW) is reportedly said to be in advanced discussions to acquire MarineMax. OneWater has proposed an all-cash offer of $40 per share for MarineMax after months of private negotiations, according to a report from Bloomberg. The merger would result in a combined company valued at approximately $2.5 billion, including debt. An official announcement could come as early as this month, though the deal is not yet finalized and talks may still collapse. Meanwhile, OneWater issued a press release stating, “As a matter of policy, we do not comment on market rumors or speculation.
U.S. stock futures were mixed this morning, with the Nasdaq futures gaining around 0.5% on Monday. Shares of GSK plc (NYSE:GSK) fell sharply in today's pre-market trading after the company said it will appeal a ruling made by the Delaware State Court regarding its ongoing ranitidine litigation. GSK shares tumbled 9.2% to $40.66 in pre-market trading. Here are some big stocks recording losses in today's pre-market trading session. The Boston Beer Company, Inc. (NYSE:SAM) shares fell 9.5% to $ 284.04 in pre-market trading. Boston Beer shares jumped around 22% on Friday following a report suggesting the company is in talks to sell itself to Suntory. Boston Beer later issued a state
https://www.bloomberg.com/news/articles/2024-06-03/onewater-said-to-be-in-talks-to-buy-rival-boat-dealer-marinemax?ref=biztoc.com
Benchmark analyst Michael Albanese initiates coverage on OneWater Marine (NASDAQ:ONEW) with a Hold rating.
Keybanc analyst Brett Andress maintains OneWater Marine (NASDAQ:ONEW) with a Overweight and lowers the price target from $34 to $30.
Fiscal Year 2024 Guidance The Company is maintaining its previously issued fiscal full year 2024 outlook. For fiscal full year 2024, OneWater anticipates dealership same-store sales to be up low to mid-single digits. Adjusted EBITDA2 is expected to be in the range of $130 million to $155 million and adjusted earnings per diluted share2 is expected to be in the range of $3.25 to $3.75.