Harley-Davidson, Inc. (HOG) to Issue Quarterly Dividend of $0.18 on March 14th

Harley-Davidson, Inc. (NYSE:HOG) announced a quarterly dividend on Friday, February 14th,RTT News reports. Stockholders of record on Friday, February 28th will be given a dividend of 0.18 per share on Friday, March 14th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.80%. This is a positive change from Harley-Davidson’s previous quarterly dividend of $0.17.

Harley-Davidson has raised its dividend payment by an average of 4.8% annually over the last three years. Harley-Davidson has a dividend payout ratio of 16.7% meaning its dividend is sufficiently covered by earnings. Research analysts expect Harley-Davidson to earn $4.43 per share next year, which means the company should continue to be able to cover its $0.69 annual dividend with an expected future payout ratio of 15.6%.

Harley-Davidson Trading Down 0.5 %

NYSE HOG opened at $25.76 on Friday. The stock has a market capitalization of $3.28 billion, a price-to-earnings ratio of 7.73, a PEG ratio of 0.36 and a beta of 1.46. Harley-Davidson has a one year low of $25.25 and a one year high of $44.16. The company has a debt-to-equity ratio of 1.41, a current ratio of 1.40 and a quick ratio of 1.25. The business’s fifty day moving average is $29.16 and its 200-day moving average is $33.15.

Harley-Davidson (NYSE:HOG) last released its earnings results on Wednesday, February 5th. The company reported ($0.93) EPS 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 prior year, the firm earned $0.18 EPS. Equities research analysts predict that Harley-Davidson will post 3.65 EPS for the current year.

Analyst Ratings Changes

HOG has been the subject of several recent research reports. Bank of America decreased their price objective on Harley-Davidson from $40.00 to $35.00 and set a “buy” rating for the company in a report on Thursday, January 30th. StockNews.com raised Harley-Davidson from a “sell” rating to a “hold” rating in a report on Wednesday, November 27th. Robert W. Baird decreased their price objective on Harley-Davidson from $40.00 to $36.00 and set a “neutral” rating for the company in a report on Tuesday, December 31st. DA Davidson decreased their price objective on Harley-Davidson from $39.00 to $31.00 and set a “buy” rating for the company in a report on Tuesday, February 4th. Finally, Citigroup decreased their price objective on Harley-Davidson from $31.00 to $29.00 and set a “neutral” rating for the company in a report on Thursday, February 6th. Six research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, Harley-Davidson has a consensus rating of “Hold” and an average price target of $34.57.

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.