BRP Inc. (NASDAQ:DOOO – Free Report) – Stock analysts at Stifel Canada cut their FY2026 earnings per share (EPS) estimates for shares of BRP in a research report issued to clients and investors on Tuesday, January 28th. Stifel Canada analyst M. Landry now forecasts that the company will post earnings of $3.10 per share for the year, down from their previous forecast of $3.48. The consensus estimate for BRP’s current full-year earnings is $3.16 per share. Stifel Canada also issued estimates for BRP’s FY2027 earnings at $4.66 EPS.
BRP (NASDAQ:DOOO – Get Free Report) last announced its earnings results on Friday, December 6th. The company reported $0.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.50 by $0.35. BRP had a net margin of 2.29% and a return on equity of 61.20%.
BRP Stock Performance
BRP Cuts Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 14th. Shareholders of record on Tuesday, December 31st were paid a dividend of $0.1485 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $0.59 dividend on an annualized basis and a yield of 1.18%. BRP’s dividend payout ratio (DPR) is presently 30.85%.
Hedge Funds Weigh In On BRP
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP raised its position in shares of BRP by 177.1% in the 2nd quarter. Dimensional Fund Advisors LP now owns 87,785 shares of the company’s stock valued at $5,621,000 after buying an additional 56,110 shares in the last quarter. Creative Planning acquired a new position in BRP during the third quarter valued at approximately $227,000. Spartan Fund Management Inc. bought a new stake in BRP during the third quarter worth $72,000. US Bancorp DE boosted its holdings in shares of BRP by 350.0% in the 3rd quarter. US Bancorp DE now owns 414 shares of the company’s stock valued at $25,000 after purchasing an additional 322 shares in the last quarter. Finally, Ceredex Value Advisors LLC increased its stake in shares of BRP by 27.5% in the 3rd quarter. Ceredex Value Advisors LLC now owns 221,684 shares of the company’s stock valued at $13,233,000 after purchasing an additional 47,800 shares during the last quarter.
About BRP
BRP Inc, together with its subsidiaries, designs, develops, manufactures, distributes, and markets powersports vehicles and marine products in the United States, Canada, Europe, the Asia Pacific, Mexico, Austria, and internationally. The Powersports segment offers year-round products, such as Can-Am all-terrain vehicles, side-by-side vehicles, and three-wheeled vehicles; and seasonal products, including Ski-Doo and Lynx snowmobiles, Sea-Doo personal watercrafts and pontoons, Rotax engines for karts and recreational aircraft, and Pinion gearboxes with smart shift systems.
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