Harley-Davidson, Inc. (NYSE:HOG) Given Price Target Of $50.4


As per Harley-Davidson, Inc. (NYSE:HOG)’s news release on 2016-08-31, its shareholders will get cash dividend of $0.35 per share. The recent press release updated on the record date and payout date, which stands at 2016-09-13 and 2016-09-23, respectively.

The stock will commence trading ex-dividend from 2016-09-09, until, which the shareholders are compelled to keep the holdings so as to qualify for the dividend. Evaluating the dividend distribution mode, it was noted that last year Harley-Davidson, Inc. (NYSE:HOG) disbursed $0.35 in dividend compared to distribution of $0.35, a year ago.

It highlights a sharp difference in cash payouts of the two years. This shows a major deviation of 12.7273%.

Analyst Perspective

The sell-side market professionals who track the firm’s financial and technical parameters have estimated Harley-Davidson, Inc. (NYSE:HOG) to attain a price target of $50.4. It is an average estimate figure given by 10 analysts tracking the stock. The estimates disclosed that the stock can move up on the chart and hit a high of $66. The low price range is set at $40 for next year while the arithmetic mean is seen at 3.31.

Eyeing Earnings Harley-Davidson, Inc. (NYSE:HOG) is likely to post quarterly numbers around 2016-10-18 for the quarter ending 2016-09-30. The quarterly EPS projection is set at $0.64 for the period ending on 2016-09-30.

In last quarter ended 2015-12-31, Harley-Davidson, Inc. (NYSE:HOG) earnings came at $1.55 suggesting a deviation of $0.02. The brokerages targeted EPS of $1.53 for the quarter.

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