Zacks Research Expects Lower Earnings for Harley-Davidson

Harley-Davidson, Inc. (NYSE:HOG) – Investment analysts at Zacks Research cut their FY2025 earnings per share estimates for shares of Harley-Davidson in a research note issued on Wednesday, October 16th. Zacks Research analyst R. Singhi now expects that the company will post earnings of $4.27 per share for the year, down from their previous forecast of $4.74. 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 Q4 2025 earnings at $0.12 EPS, Q1 2026 earnings at $1.89 EPS, Q2 2026 earnings at $1.56 EPS and Q3 2026 earnings at $1.47 EPS.

Other research analysts also recently issued reports about the company. Citigroup raised their price objective on Harley-Davidson from $37.00 to $39.00 and gave the company a “neutral” rating in a research note on Thursday, September 19th. Bank of America cut their price objective on Harley-Davidson from $50.00 to $45.00 and set a “buy” rating on the stock in a research note on Tuesday. UBS Group raised their price objective on Harley-Davidson from $39.00 to $40.00 and gave the company a “neutral” rating in a research note on Friday, August 23rd. Baird R W downgraded Harley-Davidson from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. Finally, Robert W. Baird downgraded Harley-Davidson from an “outperform” rating to a “neutral” rating and cut their price objective 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 stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $44.00.

Harley-Davidson Stock Down 1.2 %

Shares of Harley-Davidson stock opened at $36.22 on Friday. The firm has a market cap of $4.87 billion, a price-to-earnings ratio of 8.05, a P/E/G ratio of 1.28 and a beta of 1.44. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.50 and a quick ratio of 1.32. Harley-Davidson has a 52-week low of $25.43 and a 52-week high of $44.16. The stock has a 50-day simple moving average of $36.79 and a 200-day simple moving average of $36.10.

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

Harley-Davidson Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 16th were given a $0.1725 dividend. This represents a $0.69 annualized dividend and a yield of 1.91%. The ex-dividend date of this dividend was Monday, September 16th. Harley-Davidson’s dividend payout ratio is currently 15.33%.

Harley-Davidson announced that its Board of Directors has authorized a stock buyback program on Thursday, July 25th that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the company to buy up to 19.4% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s management believes its shares are undervalued.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in HOG. Future Financial Wealth Managment LLC acquired a new stake in shares of Harley-Davidson during the 1st quarter worth approximately $39,000. American National Bank acquired a new stake in shares of Harley-Davidson during the 1st quarter worth approximately $52,000. Signaturefd LLC grew its holdings in shares of Harley-Davidson by 46.8% during the 2nd quarter. Signaturefd LLC now owns 1,872 shares of the company’s stock worth $63,000 after purchasing an additional 597 shares in the last quarter. Fifth Third Bancorp grew its holdings in shares of Harley-Davidson by 19.5% during the 2nd quarter. Fifth Third Bancorp now owns 1,970 shares of the company’s stock worth $66,000 after purchasing an additional 322 shares in the last quarter. Finally, GAMMA Investing LLC grew its holdings in shares of Harley-Davidson by 19.0% during the 2nd quarter. GAMMA Investing LLC now owns 2,008 shares of the company’s stock worth $67,000 after purchasing an additional 320 shares in the last quarter. 85.10% of the stock is owned by institutional investors.

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.