Douglas Dynamics - PLOW Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Douglas Dynamics in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" PLOW shares.
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1 equities research analysts have issued 12 month price objectives for Douglas Dynamics' stock. Their PLOW share price forecasts range from $48.00 to $50.00. On average, they predict the company's share price to reach $49.00 in the next twelve months. This suggests a possible upside of 45.7% from the stock's current price.
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Douglas Dynamics' stock was trading at $39.06 at the start of the year. Since then, PLOW stock has decreased by 13.9% and is now trading at $33.64.
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The company is scheduled to release its next quarterly earnings announcement on Monday, November 7th 2022.
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Douglas Dynamics, Inc. (NYSE:PLOW) released its earnings results on Monday, August, 1st. The auto parts company reported $0.85 EPS for the quarter, topping the consensus estimate of $0.76 by $0.09. The auto parts company earned $187.56 million during the quarter, compared to analysts' expectations of $166.15 million. Douglas Dynamics had a trailing twelve-month return on equity of 16.29% and a net margin of 5.20%. The firm's revenue was up 19.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.79 earnings per share.

Douglas Dynamics declared a quarterly dividend on Monday, June 6th. Investors of record on Friday, June 17th will be paid a dividend of $0.29 per share on Thursday, June 30th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 3.45%. The ex-dividend date is Thursday, June 16th.
Read our dividend analysis for PLOW.

Douglas Dynamics (NYSE:PLOW) pays an annual dividend of $1.16 per share and currently has a dividend yield of 3.43%. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 92.80%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, PLOW will have a dividend payout ratio of 51.10% next year. This indicates that the company will be able to sustain or increase its dividend.
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Douglas Dynamics updated its FY 2022 earnings guidance on Tuesday, August, 9th. The company provided EPS guidance of $1.40-$2.00 for the period, compared to the consensus earnings per share estimate of $1.86. The company issued revenue guidance of $590.00 million-$630.00 million, compared to the consensus revenue estimate of $581.15 million.

11 employees have rated Douglas Dynamics Chief Executive Officer James L. Janik on Glassdoor.com. James L. Janik has an approval rating of 88% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Douglas Dynamics investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), NIC (EGOV), Aegean Marine Petroleum Network (ANW), Transocean (RIG), Micron Technology (MU) and Express (EXPR).

Douglas Dynamics trades on the New York Stock Exchange (NYSE) under the ticker symbol "PLOW."

Douglas Dynamics' stock is owned by a number of institutional and retail investors. Top institutional investors include Conestoga Capital Advisors LLC (12.77%), Allspring Global Investments Holdings LLC (9.99%), JPMorgan Chase & Co. (9.31%), William Blair Investment Management LLC (3.82%), Royce & Associates LP (2.95%) and Victory Capital Management Inc. (1.31%). Insiders that own company stock include James L Janik, Keith Hagelin, Linda R Evans, Robert L Mccormick and Sarah C Lauber.
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Shares of PLOW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of PLOW stock can currently be purchased for approximately $33.64.

Douglas Dynamics (NYSE:PLOW) has a market capitalization of $769.92 million and generates $541.45 million in revenue each year. The auto parts company earns $30.69 million in net income (profit) each year or $1.25 on an earnings per share basis.

The company employs 1,436 workers across the globe.

Douglas Dynamics' mailing address is 7777 NORTH 73RD ST, MILWAUKEE WI, 53233. The official website for the company is www.douglasdynamics.com. The auto parts company can be reached via phone at (414) 354-2310, via email at investorrelations@douglasdynamics.com, or via fax at 414-354-2310.