Douglas Dynamics (PLOW) Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Douglas Dynamics in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PLOW shares.
View PLOW analyst ratings or view top-rated stocks.

1 Wall Street research analysts have issued 1 year price targets for Douglas Dynamics' shares. Their PLOW share price forecasts range from $40.00 to $46.00. On average, they expect the company's stock price to reach $43.00 in the next twelve months. This suggests a possible upside of 47.4% from the stock's current price.
View analysts price targets for PLOW or view top-rated stocks among Wall Street analysts.

Douglas Dynamics' stock was trading at $36.16 at the beginning of 2023. Since then, PLOW shares have decreased by 19.3% and is now trading at $29.17.
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The company is scheduled to release its next quarterly earnings announcement on Monday, August 7th 2023.
View our PLOW earnings forecast.

Douglas Dynamics, Inc. (NYSE:PLOW) announced its earnings results on Sunday, October, 31st. The auto parts company reported $0.29 earnings per share for the quarter, missing analysts' consensus estimates of $0.38 by $0.09. The auto parts company earned $127.64 million during the quarter, compared to analysts' expectations of $136.35 million. Douglas Dynamics had a trailing twelve-month return on equity of 14.04% and a net margin of 4.93%. The firm's revenue for the quarter was down 4.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.41 EPS.

Douglas Dynamics announced a quarterly dividend on Monday, February 20th. Shareholders of record on Friday, March 17th will be paid a dividend of $0.295 per share on Friday, March 31st. This represents a $1.18 annualized dividend and a dividend yield of 4.05%. The ex-dividend date of this dividend is Thursday, March 16th. This is a boost from the stock's previous quarterly dividend of $0.29.
Read our dividend analysis for PLOW.

ETFs with the largest weight of Douglas Dynamics (NYSE:PLOW) stock in their portfolio include ProShares Russell 2000 Dividend Growers ETF (SMDV), First Trust RBA American Industrial Renaissance ETF (AIRR), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), iShares Micro-Cap ETF (IWC),

Douglas Dynamics (NYSE:PLOW) pays an annual dividend of $1.18 per share and currently has a dividend yield of 4.05%. PLOW has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. 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 96.72%. 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 51.08% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PLOW.

Douglas Dynamics updated its FY23 earnings guidance on Monday, May, 1st. The company provided earnings per share guidance of $1.55-2.00 for the period, compared to the consensus EPS estimate of $1.78. The company issued revenue guidance of $620-650 million, compared to the consensus revenue estimate of $632.90 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 variety of retail and institutional investors. Top institutional shareholders include Conestoga Capital Advisors LLC (11.54%), Allspring Global Investments Holdings LLC (10.13%), JPMorgan Chase & Co. (8.34%), BlackRock Inc. (6.37%), William Blair Investment Management LLC (4.57%) and Dimensional Fund Advisors LP (3.94%). Insiders that own company stock include Genderen Mark Van, 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 $29.17.

Douglas Dynamics (NYSE:PLOW) has a market capitalization of $670.33 million and generates $616.07 million in revenue each year. The auto parts company earns $38.61 million in net income (profit) each year or $1.22 on an earnings per share basis.

The company employs 1,813 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.