Brokers Offer Predictions for Harley-Davidson Q4 Earnings

Harley-Davidson, Inc. (NYSE:HOG) – Analysts at Zacks Research cut their Q4 2026 earnings per share estimates for Harley-Davidson in a research note issued on Thursday, August 6th. Zacks Research analyst Team now expects that the company will post earnings per share of ($0.90) for the quarter, down from their prior estimate of ($0.77). Zacks Research has a “Hold” rating on the stock. The consensus estimate for Harley-Davidson’s current full-year earnings is $0.51 per share. Zacks Research also issued estimates for Harley-Davidson’s Q1 2027 earnings at $0.49 EPS, Q2 2027 earnings at $0.96 EPS, Q4 2027 earnings at ($0.78) EPS, FY2027 earnings at $1.22 EPS, Q1 2028 earnings at $0.58 EPS and Q2 2028 earnings at $0.61 EPS.

Harley-Davidson (NYSE:HOG) last issued its earnings results on Thursday, July 23rd. The company reported $0.75 earnings per share for the quarter, topping the consensus estimate of $0.65 by $0.10. Harley-Davidson had a return on equity of 6.28% and a net margin of 4.78%.The company had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.17 billion. During the same period in the prior year, the firm posted $0.88 EPS. The business’s revenue was down 5.9% compared to the same quarter last year.

Several other equities analysts have also weighed in on HOG. UBS Group raised their price objective on shares of Harley-Davidson from $19.00 to $26.00 and gave the company a “neutral” rating in a research report on Monday, May 11th. Citigroup boosted their target price on shares of Harley-Davidson from $26.00 to $27.00 and gave the stock a “neutral” rating in a research report on Sunday, July 12th. Griffin Securities set a $30.00 price target on shares of Harley-Davidson in a research note on Monday, July 6th. Wells Fargo & Company raised their price target on shares of Harley-Davidson from $15.00 to $19.00 and gave the company an “underweight” rating in a report on Wednesday, May 6th. Finally, DA Davidson lifted their price objective on shares of Harley-Davidson from $25.00 to $30.00 and gave the company a “buy” rating in a research note on Monday, July 6th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Harley-Davidson has a consensus rating of “Hold” and a consensus target price of $26.11.

Harley-Davidson Stock Up 2.2%

Shares of Harley-Davidson stock opened at $26.68 on Monday. The firm has a market cap of $2.78 billion, a price-to-earnings ratio of 16.37, a P/E/G ratio of 17.70 and a beta of 1.27. The stock has a 50-day simple moving average of $25.54 and a 200-day simple moving average of $22.76. Harley-Davidson has a 52-week low of $17.09 and a 52-week high of $31.25. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.90 and a quick ratio of 1.70.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of HOG. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Harley-Davidson by 62.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 86,436 shares of the company’s stock worth $2,183,000 after acquiring an additional 33,097 shares during the last quarter. Empowered Funds LLC grew its position in shares of Harley-Davidson by 18.3% in the first quarter. Empowered Funds LLC now owns 17,560 shares of the company’s stock valued at $443,000 after purchasing an additional 2,712 shares during the last quarter. Geneos Wealth Management Inc. grew its position in shares of Harley-Davidson by 153.8% in the first quarter. Geneos Wealth Management Inc. now owns 2,109 shares of the company’s stock valued at $53,000 after purchasing an additional 1,278 shares during the last quarter. Federated Hermes Inc. increased its stake in shares of Harley-Davidson by 32.8% in the second quarter. Federated Hermes Inc. now owns 16,076 shares of the company’s stock worth $379,000 after purchasing an additional 3,967 shares during the period. Finally, California Public Employees Retirement System increased its stake in shares of Harley-Davidson by 12.0% in the second quarter. California Public Employees Retirement System now owns 204,156 shares of the company’s stock worth $4,818,000 after purchasing an additional 21,913 shares during the period. Institutional investors own 85.10% of the company’s stock.

Insiders Place Their Bets

In other news, Director Daniel J. Nova acquired 40,000 shares of Harley-Davidson stock in a transaction dated Friday, July 31st. The stock was acquired at an average cost of $24.57 per share, for a total transaction of $982,800.00. Following the completion of the purchase, the director owned 47,605 shares of the company’s stock, valued at $1,169,654.85. This represents a 525.97% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Jonathan R. Root sold 1,554 shares of the business’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $24.88, for a total transaction of $38,663.52. Following the completion of the sale, the chief financial officer owned 27,846 shares of the company’s stock, valued at $692,808.48. The trade was a 5.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 4,662 shares of company stock valued at $114,266 over the last 90 days. 0.97% of the stock is currently owned by company insiders.

Harley-Davidson Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Monday, June 8th were issued a $0.1875 dividend. This represents a $0.75 annualized dividend and a yield of 2.8%. The ex-dividend date was Monday, June 8th. Harley-Davidson’s payout ratio is 46.01%.

Harley-Davidson Company Profile

Harley-Davidson, Inc is a renowned American motorcycle manufacturer best known for its heavyweight cruiser and touring bikes. Founded in 1903 in Milwaukee, Wisconsin, the company has built a strong reputation for producing distinctive motorcycles characterized by their signature V-twin engines, chrome finishes and robust frames. Harley-Davidson markets its products globally through a network of franchised dealerships and focuses on delivering an immersive brand experience to its customers, emphasizing lifestyle and community alongside its motorcycles.

In addition to its core motorcycle business, Harley-Davidson offers an extensive range of parts, accessories and apparel under its Genuine Motor Parts & Accessories and MotorClothes lines.