DA Davidson Weighs in on Polaris' FY2025 Earnings (NYSE:PII)

Polaris Inc. (NYSE:PII - Free Report) - Investment analysts at DA Davidson reduced their FY2025 EPS estimates for Polaris in a research report issued to clients and investors on Thursday, January 30th. DA Davidson analyst B. Rolle now anticipates that the company will post earnings per share of $1.10 for the year, down from their prior forecast of $2.15. DA Davidson has a "Buy" rating and a $60.00 price target on the stock. The consensus estimate for Polaris' current full-year earnings is $1.11 per share.

Polaris (NYSE:PII - Get Free Report) last posted its quarterly earnings data on Tuesday, January 28th. The company reported $0.92 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.89 by $0.03. Polaris had a net margin of 1.54% and a return on equity of 13.78%.

A number of other analysts also recently weighed in on the company. KeyCorp downgraded Polaris from an "overweight" rating to a "sector weight" rating in a research report on Wednesday, January 8th. StockNews.com cut shares of Polaris from a "hold" rating to a "sell" rating in a research note on Wednesday, January 8th. UBS Group decreased their target price on shares of Polaris from $67.00 to $48.00 and set a "neutral" rating on the stock in a research report on Monday. Robert W. Baird reduced their price objective on Polaris from $84.00 to $72.00 and set an "outperform" rating on the stock in a research note on Monday, December 30th. Finally, Roth Mkm lowered their target price on Polaris from $76.00 to $57.00 and set a "neutral" rating for the company in a research note on Friday, January 24th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, Polaris currently has an average rating of "Hold" and an average target price of $66.17.

Polaris Price Performance

Shares of PII traded down $1.02 during midday trading on Monday, reaching $44.34. The stock had a trading volume of 1,497,613 shares, compared to its average volume of 1,904,469. The company has a current ratio of 1.15, a quick ratio of 0.39 and a debt-to-equity ratio of 1.27. The company has a market capitalization of $2.47 billion, a price-to-earnings ratio of 22.62, a price-to-earnings-growth ratio of 14.51 and a beta of 1.50. The company's 50-day moving average is $56.63 and its 200 day moving average is $70.55. Polaris has a 12-month low of $43.20 and a 12-month high of $100.91.

Hedge Funds Weigh In On Polaris

A number of institutional investors have recently added to or reduced their stakes in PII. Caprock Group LLC increased its stake in shares of Polaris by 174.4% in the 4th quarter. Caprock Group LLC now owns 10,531 shares of the company's stock worth $607,000 after acquiring an additional 6,693 shares in the last quarter. Kiltearn Partners LLP increased its stake in shares of Polaris by 147.9% during the third quarter. Kiltearn Partners LLP now owns 154,700 shares of the company's stock valued at $12,877,000 after purchasing an additional 92,300 shares in the last quarter. FMR LLC lifted its holdings in shares of Polaris by 22.0% during the third quarter. FMR LLC now owns 133,665 shares of the company's stock valued at $11,126,000 after purchasing an additional 24,103 shares during the last quarter. Quantinno Capital Management LP boosted its position in shares of Polaris by 545.1% in the 3rd quarter. Quantinno Capital Management LP now owns 26,803 shares of the company's stock worth $2,231,000 after purchasing an additional 22,648 shares in the last quarter. Finally, Victory Capital Management Inc. grew its stake in shares of Polaris by 167.1% in the 3rd quarter. Victory Capital Management Inc. now owns 43,762 shares of the company's stock worth $3,643,000 after buying an additional 27,375 shares during the last quarter. Institutional investors own 88.06% of the company's stock.

Polaris Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be paid a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 6.04%. This is a boost from Polaris's previous quarterly dividend of $0.66. The ex-dividend date is Monday, March 3rd. Polaris's dividend payout ratio is presently 134.69%.

About Polaris

Polaris Inc designs, engineers, manufactures, and markets powersports vehicles in the United States, Canada, and internationally. It operates through three segments: Off-Road, On-Road, and Marine. The company offers off-road vehicles (ORVs), including all-terrain vehicles and side-by-side vehicles; military and commercial ORVs; snowmobiles; motorcycles; and moto-roadsters, quadricycles, and boats.