Q1 EPS Estimates for Harley-Davidson Lowered by Analyst

Key Points

• Zacks Research lowered its Q1 2027 EPS estimate for Harley‑Davidson to $1.45 from $1.56 and maintains a Strong Sell rating on the stock.
• Harley‑Davidson last reported a ($2.44) EPS for the quarter, missing consensus by $1.52, while revenue was $496.16 million (beating estimates) but down 9.8% year‑over‑year.
• The company raised its quarterly dividend to $0.1875 (annualized $0.75), representing a 4.0% yield.

Harley-Davidson, Inc. (NYSE:HOG - Free Report) - 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 - Get Free Report) 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.

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.