Zacks Research Expects Reduced Earnings for Harley-Davidson

Harley-Davidson, Inc. (NYSE:HOG) – Zacks Research lowered their Q1 2027 earnings per share (EPS) estimates for Harley-Davidson in a research report issued on Tuesday, February 24th. Zacks Research analyst Team now expects that the company will post earnings per share of $1.45 for the quarter, down from their prior forecast 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 posted its quarterly earnings results on Tuesday, February 10th. The company reported ($2.44) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.92) by ($1.52). The business had revenue of $496.16 million during the quarter, compared to the consensus estimate 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 was down 9.8% on a year-over-year basis. During the same quarter last year, the company posted ($0.93) EPS.

HOG has been the subject of a number of other research reports. Morgan Stanley restated an “underweight” rating and set a $12.00 price objective on shares of Harley-Davidson in a report on Tuesday, February 17th. Weiss Ratings restated a “hold (c-)” rating on shares of Harley-Davidson in a research note on Thursday, January 22nd. UBS Group decreased their price objective on Harley-Davidson from $28.00 to $27.00 and set a “neutral” rating on the stock in a report on Thursday, November 13th. Robert W. Baird set a $22.00 price objective on shares of Harley-Davidson in a research note on Wednesday, February 11th. Finally, Argus raised 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 issued a Buy rating, five have assigned a Hold rating and two have assigned 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 1.6%

Shares of HOG opened at $18.38 on Thursday. Harley-Davidson has a 52 week low of $18.30 and a 52 week high of $31.25. The firm has a market cap of $2.17 billion, a P/E ratio of 7.04, a price-to-earnings-growth ratio of 0.73 and a beta of 1.39. The firm’s 50-day simple moving average is $20.41 and its 200 day simple moving average is $24.41. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.83 and a current ratio of 2.10.

Hedge Funds Weigh In On Harley-Davidson

Several hedge funds and other institutional investors have recently modified their holdings of HOG. EverSource Wealth Advisors LLC lifted 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 worth $26,000 after buying an additional 549 shares during the last quarter. Pinnacle Holdings LLC acquired a new position in Harley-Davidson during the fourth quarter worth about $30,000. Fifth Third Bancorp lifted its holdings in shares of 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. Geneos Wealth Management Inc. lifted its holdings in shares of Harley-Davidson by 153.8% in the first quarter. Geneos Wealth Management Inc. now owns 2,109 shares of the company’s stock worth $53,000 after acquiring an additional 1,278 shares during the last quarter. Finally, Westfuller Advisors LLC acquired a new stake in shares of Harley-Davidson in the 3rd quarter valued at approximately $67,000. Institutional investors own 85.10% of the company’s stock.

Insider Transactions at Harley-Davidson

In other Harley-Davidson news, Director James D. Farley, Jr. sold 6,454 shares of the business’s stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $18.71, for a total transaction of $120,754.34. Following the completion of the transaction, the director directly owned 16,205 shares in the company, valued at $303,195.55. The trade was a 28.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.93% of the stock is owned by company insiders.

Harley-Davidson Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 17th. Investors of record on Monday, March 2nd will be paid a $0.1875 dividend. This represents a $0.75 dividend on an annualized basis and a yield of 4.1%. This is a positive change from Harley-Davidson’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend is Monday, March 2nd. Harley-Davidson’s payout ratio is 27.59%.

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.