Mastercraft Boat (MCFT) Expected to Announce Earnings on Thursday

Key Points

• Q3 2026 earnings are scheduled before the market opens on Thursday, May 7, with analysts forecasting $0.36 EPS and $76.789M revenue, while the company guided Q3 EPS to 0.350 and FY 2026 EPS to 1.450–1.600.
• MasterCraft last beat estimates with $0.29 EPS (vs. $0.16 expected) and revenue of $71.76M (up 13.2% YoY), and analysts project roughly $1 EPS for the current fiscal year and $2 for the next.
• The stock trades near $22.79 with a market cap of $371M and a P/E of 23.74; insiders have sold shares recently and institutional/hedge fund ownership is very high at about 97.64%.

Mastercraft Boat (NASDAQ:MCFT - Get Free Report) is projected to release its Q3 2026 results before the market opens on Thursday, May 7th. Analysts expect Mastercraft Boat to post earnings of $0.36 per share and revenue of $76.7890 million for the quarter. Mastercraft Boat has set its Q3 2026 guidance at 0.350-0.350 EPS and its FY 2026 guidance at 1.450-1.600 EPS. Interested persons can check the company's upcoming Q3 2026 earning summary page for the latest details on the call scheduled for Thursday, May 7, 2026 at 8:30 AM ET.

Mastercraft Boat (NASDAQ:MCFT - Get Free Report) last posted its earnings results on Thursday, February 5th. The company reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.13. The company had revenue of $71.76 million for the quarter, compared to analyst estimates of $68.79 million. Mastercraft Boat had a net margin of 5.27% and a return on equity of 9.51%. Mastercraft Boat's revenue was up 13.2% on a year-over-year basis. During the same period in the previous year, the business posted $0.10 EPS. On average, analysts expect Mastercraft Boat to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Mastercraft Boat Stock Performance

Mastercraft Boat stock opened at $22.79 on Thursday. The company's 50 day simple moving average is $21.50 and its 200-day simple moving average is $20.88. The company has a market capitalization of $371.14 million, a price-to-earnings ratio of 23.74 and a beta of 1.06. Mastercraft Boat has a 1 year low of $15.74 and a 1 year high of $26.49.

Insiders Place Their Bets

In related news, major shareholder Fund L.P. Forager sold 26,497 shares of the company's stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $23.50, for a total transaction of $622,679.50. Following the sale, the insider directly owned 1,611,277 shares of the company's stock, valued at $37,865,009.50. This represents a 1.62% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last quarter, insiders have sold 87,841 shares of company stock worth $2,069,264. 2.50% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Mastercraft Boat

Several large investors have recently added to or reduced their stakes in the business. Coliseum Capital Management LLC increased its stake in Mastercraft Boat by 3.8% during the 4th quarter. Coliseum Capital Management LLC now owns 3,697,422 shares of the company's stock worth $69,918,000 after buying an additional 134,807 shares during the period. Charles Schwab Investment Management Inc. increased its stake in Mastercraft Boat by 26.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 272,749 shares of the company's stock worth $5,158,000 after buying an additional 56,873 shares during the period. Franklin Resources Inc. increased its stake in Mastercraft Boat by 27.5% during the 4th quarter. Franklin Resources Inc. now owns 237,803 shares of the company's stock worth $4,497,000 after buying an additional 51,327 shares during the period. Arrowstreet Capital Limited Partnership increased its stake in Mastercraft Boat by 212.4% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 220,819 shares of the company's stock worth $4,739,000 after buying an additional 150,125 shares during the period. Finally, Bridgeway Capital Management LLC increased its stake in Mastercraft Boat by 6.0% during the 2nd quarter. Bridgeway Capital Management LLC now owns 147,582 shares of the company's stock worth $2,742,000 after buying an additional 8,368 shares during the period. 97.64% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

MCFT has been the topic of a number of research analyst reports. Truist Financial boosted their price target on shares of Mastercraft Boat from $21.00 to $25.00 and gave the company a "hold" rating in a research note on Monday. Robert W. Baird set a $28.00 price target on shares of Mastercraft Boat in a research note on Friday, February 6th. B. Riley Financial reissued a "neutral" rating on shares of Mastercraft Boat in a research note on Friday, February 6th. Wall Street Zen raised shares of Mastercraft Boat from a "buy" rating to a "strong-buy" rating in a research note on Saturday, January 17th. Finally, Zacks Research downgraded shares of Mastercraft Boat from a "strong-buy" rating to a "hold" rating in a research note on Thursday, April 9th. One analyst has rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $24.40.

Mastercraft Boat Company Profile

MasterCraft Boat Holdings, Inc NASDAQ: MCFT is a designer, manufacturer and marketer of high-performance recreational powerboats. The company's portfolio includes the MasterCraft®, Aviara®, Crest® Classic and Supra® brands, each of which features multiple model lines tailored for activities such as wakeboarding, waterskiing, cruising and luxury day boating. MasterCraft oversees the full product lifecycle from hull design and propulsion engineering to interior appointments and final assembly.

Founded in 1968 and headquartered in Vonore, Tennessee, MasterCraft has built a reputation for innovation in hull design, ballast systems and tower architecture to enhance wake performance and ride quality.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.