Douglas Dynamics, Inc. (PLOW) to Issue Quarterly Dividend of $0.30 on June 30th

Douglas Dynamics, Inc. (NYSE:PLOW) declared a quarterly dividend on Friday, June 5th. Shareholders of record on Tuesday, June 16th will be given a dividend of 0.295 per share by the auto parts company on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Tuesday, June 16th.

Douglas Dynamics has increased its dividend payment by an average of 0.0%annually over the last three years. Douglas Dynamics has a dividend payout ratio of 51.1% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Douglas Dynamics to earn $2.99 per share next year, which means the company should continue to be able to cover its $1.18 annual dividend with an expected future payout ratio of 39.5%.

Douglas Dynamics Price Performance

Douglas Dynamics stock opened at $44.37 on Friday. The stock’s fifty day moving average price is $44.69 and its two-hundred day moving average price is $39.95. Douglas Dynamics has a one year low of $27.54 and a one year high of $52.33. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.65 and a quick ratio of 0.77. The firm has a market cap of $1.03 billion, a PE ratio of 19.99, a price-to-earnings-growth ratio of 0.92 and a beta of 1.21.

Douglas Dynamics (NYSE:PLOW) last posted its quarterly earnings data on Monday, May 4th. The auto parts company reported $0.36 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.24. Douglas Dynamics had a return on equity of 19.72% and a net margin of 7.83%.The firm had revenue of $137.80 million for the quarter, compared to analyst estimates of $133.25 million. Douglas Dynamics has set its FY 2026 guidance at 2.550-3.050 EPS. As a group, research analysts expect that Douglas Dynamics will post 2.69 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on PLOW shares. Freedom Capital raised Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Zacks Research raised Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 26th. Robert W. Baird set a $56.00 target price on Douglas Dynamics in a report on Wednesday, May 6th. Loop Capital set a $48.00 target price on Douglas Dynamics in a report on Tuesday, March 3rd. Finally, Wall Street Zen downgraded Douglas Dynamics from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 30th. Two analysts have rated the stock with a Strong Buy rating and two have given a Buy rating to the stock. According to data from MarketBeat, Douglas Dynamics presently has an average rating of “Strong Buy” and an average price target of $54.67.

Douglas Dynamics Company Profile

Douglas Dynamics, Inc is a leading designer, manufacturer and distributor of snow and ice removal equipment for commercial, municipal and residential markets. The company’s product portfolio encompasses a wide range of truck-mounted plows, spreaders, salt brine systems and related accessories engineered to perform in challenging winter conditions. Its offerings cater to professional snow contractors, government agencies and retail customers seeking reliable solutions for snow and ice management.

Douglas Dynamics markets its products under several well-known brands, including Fisher Engineering, Western Products, Hiniker Company and Buyers Products.