BRP Inc (NASDAQ:DOOO) declared a quarterly dividend on Monday, June 3rd, Wall Street Journal reports. Stockholders of record on Friday, June 28th will be given a dividend of 0.074 per share on Friday, July 12th. This represents a $0.30 annualized dividend and a dividend yield of 0.84%. The ex-dividend date is Thursday, June 27th.

DOOO opened at $35.31 on Wednesday. BRP has a 52-week low of $23.90 and a 52-week high of $55.41. The stock has a market capitalization of $3.43 billion and a PE ratio of 14.84. The company’s 50 day simple moving average is $31.11.

BRP (NASDAQ:DOOO) last posted its earnings results on Thursday, May 30th. The company reported $0.40 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.38 by $0.02. BRP had a negative return on equity of 80.77% and a net margin of 4.38%. The firm had revenue of $999.74 million for the quarter, compared to analysts’ expectations of $939.22 million. As a group, equities analysts anticipate that BRP will post 2.71 earnings per share for the current year.

DOOO has been the topic of several analyst reports. Zacks Investment Research raised BRP from a “sell” rating to a “hold” rating in a report on Wednesday, February 27th. Wells Fargo & Co raised BRP from a “market perform” rating to an “outperform” rating in a report on Monday, April 8th. Goldman Sachs Group initiated coverage on BRP in a report on Wednesday, April 24th. They issued a “neutral” rating and a $32.06 target price on the stock. Finally, ValuEngine raised BRP from a “sell” rating to a “hold” rating in a report on Tuesday, June 11th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and eight have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $32.06.

About BRP

BRP Inc, together with its subsidiaries, designs, develops, manufactures, distributes, and markets powersport vehicles and marine products worldwide. It operates through two segments, Powersports and Marine. The company offers all-terrain, side-by-side, and three-wheeled vehicles; seasonal products consisting of snowmobiles and personal watercraft; and propulsion systems comprising engines for outboard and jet boats, karts, motorcycles, and recreational aircraft.

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