Douglas Dynamics - PLOW Stock Forecast, Price & News

1 Wall Street 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 analysts is that investors should "buy" PLOW shares.
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1 equities research analysts have issued 1-year price objectives for Douglas Dynamics' stock. Their PLOW share price forecasts range from $45.00 to $45.00. On average, they anticipate the company's share price to reach $45.00 in the next twelve months. This suggests a possible upside of 43.0% from the stock's current price.
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Douglas Dynamics' stock was trading at $36.16 on January 1st, 2023. Since then, PLOW shares have decreased by 13.0% and is now trading at $31.46.
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Douglas Dynamics saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 254,200 shares, an increase of 25.4% from the February 13th total of 202,700 shares. Based on an average daily volume of 63,300 shares, the short-interest ratio is presently 4.0 days. Approximately 1.1% of the company's shares are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Monday, May 1st 2023.
View our PLOW earnings forecast.

Douglas Dynamics, Inc. (NYSE:PLOW) released its quarterly earnings results on Sunday, October, 31st. The auto parts company reported $0.29 EPS 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 the consensus estimate of $136.35 million. Douglas Dynamics had a trailing twelve-month return on equity of 19.05% and a net margin of 6.27%. Douglas Dynamics's revenue for the quarter was down 4.6% compared to the same quarter last year. During the same period last year, the business posted $0.41 EPS.

Douglas Dynamics announced a quarterly dividend on Monday, February 20th. Stockholders 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 3.75%. The ex-dividend date is Thursday, March 16th. This is an increase 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 RenaissanceTM ETF (AIRR), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), IQ Chaikin U.S. Small Cap ETF (CSML), SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV) and 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 3.80%. 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 72.84%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PLOW will have a dividend payout ratio of 51.75% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PLOW.

Douglas Dynamics issued an update on its FY23 earnings guidance on Tuesday, February, 21st. The company provided earnings per share (EPS) guidance of $1.55-2.45 for the period, compared to the consensus earnings per share estimate of $2.24. The company issued revenue guidance of $620-680 million, compared to the consensus revenue estimate of $650.67 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 many different retail and institutional investors. Top institutional investors include Conestoga Capital Advisors LLC (11.87%), Allspring Global Investments Holdings LLC (10.11%), JPMorgan Chase & Co. (8.62%), William Blair Investment Management LLC (4.14%), Dimensional Fund Advisors LP (4.02%) and Silvercrest Asset Management Group LLC (3.49%). Insiders that own company stock include Genderen Mark Van, James L Janik, Keith Hagelin, Linda R Evans, Robert L Mccormick and Sarah C Lauber.
View institutional ownership trends.

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 $31.46.

Douglas Dynamics (NYSE:PLOW) has a market capitalization of $720.12 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 $1.62 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.