Q1 EPS Estimates for Harley-Davidson Lowered by Analyst

Harley-Davidson, Inc. (NYSE:HOG) – Equities research analysts at Zacks Research decreased their Q1 2027 earnings estimates for Harley-Davidson in a research note issued on Tuesday, February 24th. Zacks Research analyst Team now forecasts that the company will post earnings per share of $1.45 for the quarter, down from their previous estimate of $1.56. Zacks Research currently 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.

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

Several other research firms have also commented on HOG. Morgan Stanley reaffirmed an “underweight” rating and set a $12.00 price objective on shares of Harley-Davidson in a research note on Tuesday, February 17th. Argus upgraded shares of Harley-Davidson to a “strong-buy” rating in a research report on Tuesday, February 17th. Robert W. Baird set a $22.00 target price on shares of Harley-Davidson in a research note on Wednesday, February 11th. Citigroup dropped their target price on shares of Harley-Davidson from $28.00 to $23.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 14th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Harley-Davidson in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $23.50.

Harley-Davidson Stock Performance

Shares of HOG opened at $18.72 on Thursday. Harley-Davidson has a 52 week low of $18.65 and a 52 week high of $31.25. 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 stock has a market cap of $2.21 billion, a price-to-earnings ratio of 7.17, a PEG ratio of 0.76 and a beta of 1.39. The business has a 50-day simple moving average of $20.47 and a two-hundred day simple moving average of $24.45.

Harley-Davidson Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 17th. Stockholders of record on Monday, March 2nd will be issued a $0.1875 dividend. The ex-dividend date is Monday, March 2nd. This represents a $0.75 dividend on an annualized basis and a dividend yield of 4.0%. This is a boost from Harley-Davidson’s previous quarterly dividend of $0.18. Harley-Davidson’s payout ratio is 27.59%.

Institutional Investors Weigh In On Harley-Davidson

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Covestor Ltd increased its holdings in shares of Harley-Davidson by 6.7% during the 3rd quarter. Covestor Ltd now owns 7,057 shares of the company’s stock worth $197,000 after buying an additional 442 shares during the last quarter. Triumph Capital Management grew its stake in Harley-Davidson by 4.7% during the 3rd quarter. Triumph Capital Management now owns 10,171 shares of the company’s stock valued at $284,000 after purchasing an additional 454 shares in the last quarter. Allworth Financial LP grew its holdings in Harley-Davidson by 13.7% during the 3rd quarter. Allworth Financial LP now owns 4,314 shares of the company’s stock worth $120,000 after acquiring an additional 519 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in shares of Harley-Davidson by 139.0% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 944 shares of the company’s stock valued at $26,000 after acquiring an additional 549 shares in the last quarter. Finally, Fifth Third Bancorp lifted its holdings in Harley-Davidson by 48.9% in the fourth quarter. Fifth Third Bancorp now owns 1,764 shares of the company’s stock worth $36,000 after acquiring an additional 579 shares during the last quarter. 85.10% of the stock is currently 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.