BRP Inc. (DOOO) To Go Ex-Dividend on December 31st

BRP Inc. (NASDAQ:DOOOGet Free Report) declared a quarterly dividend on Wednesday, December 3rd. Investors of record on Wednesday, December 31st will be paid a dividend of 0.215 per share on Wednesday, January 14th. This represents a c) dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Wednesday, December 31st.

BRP has increased its dividend by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 2 consecutive years. BRP has a payout ratio of 17.4% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect BRP to earn $3.43 per share next year, which means the company should continue to be able to cover its $0.61 annual dividend with an expected future payout ratio of 17.8%.

BRP Price Performance

DOOO stock opened at $72.64 on Monday. BRP has a one year low of $31.78 and a one year high of $78.07. The firm has a 50-day moving average of $68.53 and a two-hundred day moving average of $60.76. The firm has a market capitalization of $5.31 billion, a PE ratio of 196.32 and a beta of 1.26. The company has a current ratio of 1.23, a quick ratio of 0.49 and a debt-to-equity ratio of 4.31.

BRP (NASDAQ:DOOOGet Free Report) last posted its quarterly earnings data on Thursday, December 4th. The company reported $1.15 EPS for the quarter, topping analysts’ consensus estimates of $0.88 by $0.27. BRP had a net margin of 0.45% and a return on equity of 67.30%. The firm had revenue of $1.61 billion during the quarter, compared to analyst estimates of $1.50 billion. The business’s quarterly revenue was up 14.0% compared to the same quarter last year. BRP has set its FY 2026 guidance at 3.600-3.600 EPS. On average, analysts forecast that BRP will post 3.15 earnings per share for the current year.

BRP Company Profile

(Get Free Report)

BRP Inc, operating under the brand name Bombardier Recreational Products, is a leader in designing, manufacturing and distributing recreational vehicles and propulsion systems for winter, on-road, off-road and water lifestyles. The company’s diversified portfolio includes snowmobiles, personal watercraft, all-terrain vehicles and roadsters, all powered by in-house Rotax engines. With a focus on innovation and performance, BRP has positioned itself at the forefront of the powersports industry.

At the heart of BRP’s product lineup are its flagship Ski-Doo snowmobiles and Sea-Doo personal watercraft, which serve both recreational and professional segments.

Further Reading

Dividend History for BRP (NASDAQ:DOOO)

Receive News & Ratings for BRP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BRP and related companies with MarketBeat.com's FREE daily email newsletter.