Douglas Dynamics - PLOW Stock Forecast, Price & News

0 equities research analysts have issued twelve-month price targets for Douglas Dynamics' stock. Their PLOW share price forecasts range from $45.00 to $50.00. On average, they anticipate the company's share price to reach $47.50 in the next year. This suggests a possible upside of 15.6% 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 start of the year. Since then, PLOW shares have increased by 13.6% and is now trading at $41.08.
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The company is scheduled to release its next quarterly earnings announcement on Monday, February 20th 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 (EPS) for the quarter, missing the consensus estimate of $0.38 by $0.09. The auto parts company had revenue of $127.64 million for the quarter, compared to analyst estimates of $136.35 million. Douglas Dynamics had a net margin of 5.89% and a trailing twelve-month return on equity of 18.92%. The business's quarterly revenue was down 4.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.41 EPS.

Douglas Dynamics declared a quarterly dividend on Tuesday, December 6th. Shareholders of record on Monday, December 19th will be paid a dividend of $0.29 per share on Friday, December 30th. This represents a $1.16 dividend on an annualized basis and a yield of 2.82%. The ex-dividend date of this dividend is Friday, December 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 2.84%. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 76.82%. 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 56.86% 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 FY 2022 earnings guidance on Monday, November, 7th. The company provided earnings per share (EPS) guidance of $1.65-$2.05 for the period, compared to the consensus estimate of $1.81. The company issued revenue guidance of $600.00 million-$630.00 million, compared to the consensus revenue estimate of $608.00 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%), ProShare Advisors LLC (1.03%), Comerica Bank (0.99%), Rice Hall James & Associates LLC (0.42%) and State of New Jersey Common Pension Fund D (0.27%). 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 $41.08.

Douglas Dynamics (NYSE:PLOW) has a market capitalization of $940.32 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 $1.51 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.