Q1 EPS Estimates for Harley-Davidson Cut by Zacks Research

Harley-Davidson, Inc. (NYSE:HOG) – Zacks Research decreased their Q1 2027 EPS estimates for shares of Harley-Davidson in a research note issued to investors on Tuesday, February 24th. Zacks Research analyst Team now forecasts that the company will earn $1.45 per share for the quarter, down from their previous estimate of $1.56. Zacks Research has a “Strong Sell” rating on the stock. The consensus estimate for Harley-Davidson’s current full-year earnings is $3.44 per share. Zacks Research also issued estimates for Harley-Davidson’s Q3 2027 earnings at $0.67 EPS and FY2028 earnings at $2.24 EPS.

A number of other analysts have also recently weighed in on HOG. BMO Capital Markets reiterated an “outperform” rating and issued a $24.00 price target on shares of Harley-Davidson in a research report on Wednesday, February 11th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Harley-Davidson in a research note on Thursday, January 22nd. Robert W. Baird set a $22.00 price target on shares of Harley-Davidson in a research report on Wednesday, February 11th. Loop Capital started coverage on shares of Harley-Davidson in a research note on Tuesday, November 25th. They issued a “hold” rating and a $21.00 price target on the stock. Finally, Argus upgraded shares of Harley-Davidson to a “strong-buy” rating in a report on Tuesday, February 17th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $23.50.

Harley-Davidson Stock Down 3.8%

HOG stock opened at $18.72 on Thursday. The business’s 50-day simple moving average is $20.47 and its 200 day simple moving average is $24.45. The company has a quick ratio of 1.83, a current ratio of 2.10 and a debt-to-equity ratio of 0.52. The company has a market cap of $2.21 billion, a PE ratio of 7.17, a price-to-earnings-growth ratio of 0.76 and a beta of 1.39. Harley-Davidson has a twelve month low of $18.65 and a twelve month high of $31.25.

Harley-Davidson (NYSE:HOG) last released its quarterly earnings data on Tuesday, February 10th. The company reported ($2.44) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.92) by ($1.52). The business had revenue of $496.16 million during the quarter, compared to analyst estimates of $482.21 million. Harley-Davidson had a net margin of 8.03% and a return on equity of 10.27%. The firm’s revenue for the quarter was down 9.8% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.93) EPS.

Harley-Davidson Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 17th. Investors of record on Monday, March 2nd will be given a $0.1875 dividend. This represents a $0.75 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend is Monday, March 2nd. This is a positive change from Harley-Davidson’s previous quarterly dividend of $0.18. Harley-Davidson’s dividend payout ratio is presently 27.59%.

Hedge Funds Weigh In On Harley-Davidson

A number of hedge funds have recently bought and sold shares of HOG. Virtu Financial LLC bought a new position in Harley-Davidson during the fourth quarter valued at $212,000. Invesco Ltd. boosted its stake in shares of Harley-Davidson by 52.1% in the 4th quarter. Invesco Ltd. now owns 703,826 shares of the company’s stock valued at $14,421,000 after purchasing an additional 241,045 shares in the last quarter. Empowered Funds LLC boosted its holdings in Harley-Davidson by 659.0% during the 4th quarter. Empowered Funds LLC now owns 115,288 shares of the company’s stock valued at $2,362,000 after acquiring an additional 100,098 shares during the period. XTX Topco Ltd purchased a new position in shares of Harley-Davidson in the fourth quarter valued at about $3,500,000. Finally, Voloridge Investment Management LLC increased its position in Harley-Davidson by 48.9% during the 4th quarter. Voloridge Investment Management LLC now owns 1,161,724 shares of the company’s stock valued at $23,804,000 after purchasing an additional 381,769 shares during the period. 85.10% of the stock is owned by hedge funds and other institutional investors.

About Harley-Davidson

Harley-Davidson, Inc is a renowned American motorcycle manufacturer best known for its heavyweight cruiser and touring bikes. Founded in 1903 in Milwaukee, Wisconsin, the company has built a strong reputation for producing distinctive motorcycles characterized by their signature V-twin engines, chrome finishes and robust frames. Harley-Davidson markets its products globally through a network of franchised dealerships and focuses on delivering an immersive brand experience to its customers, emphasizing lifestyle and community alongside its motorcycles.

In addition to its core motorcycle business, Harley-Davidson offers an extensive range of parts, accessories and apparel under its Genuine Motor Parts & Accessories and MotorClothes lines.