Harley-Davidson (HOG) Expected to Announce Earnings on Thursday

Harley-Davidson (NYSE:HOG - Get Free Report) is projected to post its quarterly earnings results before the market opens on Thursday, April 24th. Analysts expect the company to announce earnings of $0.90 per share and revenue of $1.12 billion for the quarter. Individual interested in participating in the company's earnings conference call can do so using this link.

Harley-Davidson (NYSE:HOG - Get Free Report) last released its earnings results on Wednesday, February 5th. The company reported ($0.93) earnings per share for the quarter, missing analysts' consensus estimates of ($0.65) by ($0.28). Harley-Davidson had a return on equity of 13.64% and a net margin of 9.25%. During the same period in the previous year, the business posted $0.18 earnings per share. On average, analysts expect Harley-Davidson to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Harley-Davidson Trading Up 3.2 %

Shares of NYSE HOG traded up $0.71 during mid-day trading on Friday, reaching $22.56. The company had a trading volume of 2,295,972 shares, compared to its average volume of 1,925,494. Harley-Davidson has a 52 week low of $20.45 and a 52 week high of $40.14. The business's 50-day moving average is $24.74 and its 200-day moving average is $29.17. The stock has a market cap of $2.79 billion, a price-to-earnings ratio of 6.77, a price-to-earnings-growth ratio of 0.38 and a beta of 1.28. The company has a current ratio of 1.40, a quick ratio of 1.19 and a debt-to-equity ratio of 1.41.

Harley-Davidson Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were paid a dividend of $0.18 per share. The ex-dividend date of this dividend was Friday, February 28th. This is an increase from Harley-Davidson's previous quarterly dividend of $0.17. This represents a $0.72 dividend on an annualized basis and a dividend yield of 3.19%. Harley-Davidson's dividend payout ratio (DPR) is currently 21.62%.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on HOG shares. Morgan Stanley cut their price target on Harley-Davidson from $33.00 to $31.00 and set an "equal weight" rating on the stock in a report on Thursday, February 6th. Bank of America lowered their price target on shares of Harley-Davidson from $40.00 to $35.00 and set a "buy" rating on the stock in a report on Thursday, January 30th. UBS Group decreased their target price on shares of Harley-Davidson from $35.00 to $28.00 and set a "neutral" rating for the company in a research report on Thursday, February 20th. DA Davidson reaffirmed a "buy" rating and issued a $31.00 price target on shares of Harley-Davidson in a report on Wednesday, April 9th. Finally, Robert W. Baird decreased their price objective on Harley-Davidson from $32.00 to $26.00 and set a "neutral" rating for the company in a report on Friday, April 4th. Six research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Harley-Davidson has an average rating of "Hold" and an average price target of $32.00.

Insider Activity

In other news, insider Luke Christopher Mansfield sold 3,400 shares of the business's stock in a transaction dated Thursday, February 13th. The stock was sold at an average price of $25.96, for a total transaction of $88,264.00. Following the completion of the transaction, the insider now directly owns 23,555 shares of the company's stock, valued at approximately $611,487.80. The trade was a 12.61 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.93% of the company's stock.

Harley-Davidson Company Profile

Harley-Davidson, Inc manufactures and sells motorcycles in the United States and internationally. The company operates in three segments: Harley-Davidson Motor Company, LiveWire, and Harley-Davidson Financial Services. The Harley-Davidson Motor Company segment designs, manufactures, and sells motorcycles, including cruiser, trike, touring, standard, sportbike, adventure, and dual sport, as well as motorcycle parts, accessories, and apparel, as well as licenses its trademarks and related services.