Zacks Research Expects Stronger Earnings for Harley-Davidson

Harley-Davidson, Inc. (NYSE:HOG - Free Report) - Investment analysts at Zacks Research upped their Q2 2025 earnings per share estimates for shares of Harley-Davidson in a research report issued on Wednesday, October 16th. Zacks Research analyst R. Singhi now expects that the company will post earnings per share of $1.55 for the quarter, up from their previous estimate of $1.54. The consensus estimate for Harley-Davidson's current full-year earnings is $4.19 per share. Zacks Research also issued estimates for Harley-Davidson's Q3 2025 earnings at $0.83 EPS.

Harley-Davidson (NYSE:HOG - Get Free Report) last announced its quarterly earnings results on Thursday, July 25th. The company reported $1.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.40 by $0.23. The business had revenue of $1.62 billion for the quarter, compared to the consensus estimate of $1.29 billion. Harley-Davidson had a return on equity of 20.33% and a net margin of 11.92%. The business's revenue was up 12.0% on a year-over-year basis. During the same quarter last year, the business posted $1.22 EPS.

Several other brokerages also recently weighed in on HOG. Bank of America cut their target price on Harley-Davidson from $50.00 to $45.00 and set a "buy" rating on the stock in a research note on Tuesday. Citigroup lifted their target price on Harley-Davidson from $37.00 to $39.00 and gave the company a "neutral" rating in a research note on Thursday, September 19th. Baird R W downgraded Harley-Davidson from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, October 2nd. UBS Group lifted their target price on Harley-Davidson from $39.00 to $40.00 and gave the company a "neutral" rating in a research note on Friday, August 23rd. Finally, Robert W. Baird downgraded Harley-Davidson from an "outperform" rating to a "neutral" rating and cut their target price for the company from $44.00 to $40.00 in a research note on Wednesday, October 2nd. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $44.00.

Harley-Davidson Stock Performance

Shares of NYSE HOG traded up $0.14 during mid-day trading on Thursday, hitting $36.65. The company had a trading volume of 1,683,288 shares, compared to its average volume of 1,731,515. The stock has a market cap of $4.93 billion, a price-to-earnings ratio of 8.15, a PEG ratio of 1.28 and a beta of 1.44. Harley-Davidson has a 12 month low of $25.43 and a 12 month high of $44.16. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.50 and a quick ratio of 1.32. The firm's 50 day simple moving average is $36.76 and its two-hundred day simple moving average is $36.15.

Harley-Davidson Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 16th were issued a $0.1725 dividend. The ex-dividend date of this dividend was Monday, September 16th. This represents a $0.69 annualized dividend and a dividend yield of 1.88%. Harley-Davidson's dividend payout ratio (DPR) is 15.33%.

Harley-Davidson announced that its Board of Directors has initiated a share repurchase program on Thursday, July 25th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the company to repurchase up to 19.4% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's leadership believes its shares are undervalued.

Institutional Trading of Harley-Davidson

Several institutional investors have recently modified their holdings of HOG. ICA Group Wealth Management LLC acquired a new stake in shares of Harley-Davidson in the fourth quarter valued at $77,000. Alaska Permanent Fund Corp raised its position in shares of Harley-Davidson by 1.1% during the first quarter. Alaska Permanent Fund Corp now owns 70,631 shares of the company's stock worth $3,089,000 after purchasing an additional 789 shares during the period. Wedmont Private Capital acquired a new stake in shares of Harley-Davidson during the first quarter worth $229,000. American National Bank acquired a new stake in shares of Harley-Davidson during the first quarter worth $52,000. Finally, Roble Belko & Company Inc acquired a new stake in shares of Harley-Davidson during the first quarter worth $350,000. Institutional investors and hedge funds own 85.10% of the company's stock.

About Harley-Davidson

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.