Brokers Issue Forecasts for Polaris' Q1 Earnings (NYSE:PII)

Polaris Inc. (NYSE:PII - Free Report) - Equities researchers at DA Davidson issued their Q1 2025 earnings estimates for shares of Polaris in a note issued to investors on Thursday, January 30th. DA Davidson analyst B. Rolle expects that the company will post earnings per share of ($0.90) for the quarter. 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.

Other analysts also recently issued reports about the stock. Citigroup dropped their target price on shares of Polaris from $57.00 to $53.00 and set a "neutral" rating on the stock in a report on Wednesday, January 29th. UBS Group cut their price objective on shares of Polaris from $67.00 to $48.00 and set a "neutral" rating on the stock in a research report on Monday. Truist Financial reduced their target price on shares of Polaris from $60.00 to $55.00 and set a "hold" rating for the company in a research note on Wednesday, January 29th. Royal Bank of Canada dropped their price target on Polaris from $65.00 to $54.00 and set a "sector perform" rating on the stock in a research note on Wednesday, January 29th. Finally, StockNews.com cut Polaris from a "hold" rating to a "sell" rating in a research report on Wednesday, January 8th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and two have issued a buy rating to the company. According to MarketBeat, Polaris presently has an average rating of "Hold" and an average price target of $66.17.

Polaris Stock Up 4.9 %

Shares of NYSE PII traded up $2.14 during mid-day trading on Friday, reaching $45.84. 1,641,570 shares of the company's stock were exchanged, compared to its average volume of 1,896,830. Polaris has a twelve month low of $43.20 and a twelve month high of $100.91. 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 firm has a market capitalization of $2.56 billion, a price-to-earnings ratio of 23.42, a PEG ratio of 14.51 and a beta of 1.50. The business has a fifty day simple moving average of $58.48 and a 200 day simple moving average of $71.43.

Polaris (NYSE:PII - Get Free Report) last released its quarterly earnings data on Tuesday, January 28th. The company reported $0.92 EPS for the quarter, beating 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%.

Polaris Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 3rd will be paid a $0.67 dividend. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $2.68 dividend on an annualized basis and a yield of 5.85%. This is a boost from Polaris's previous quarterly dividend of $0.66. Polaris's dividend payout ratio (DPR) is currently 134.69%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Kiltearn Partners LLP grew its holdings in Polaris by 147.9% during the third quarter. Kiltearn Partners LLP now owns 154,700 shares of the company's stock worth $12,877,000 after purchasing an additional 92,300 shares during the period. FMR LLC lifted its position in shares of Polaris by 22.0% in the third quarter. FMR LLC now owns 133,665 shares of the company's stock valued at $11,126,000 after buying an additional 24,103 shares during the last quarter. Quantinno Capital Management LP boosted its stake in shares of Polaris by 545.1% during the 3rd quarter. Quantinno Capital Management LP now owns 26,803 shares of the company's stock worth $2,231,000 after acquiring an additional 22,648 shares during the period. Victory Capital Management Inc. increased its holdings in shares of Polaris by 167.1% during the 3rd quarter. Victory Capital Management Inc. now owns 43,762 shares of the company's stock worth $3,643,000 after acquiring an additional 27,375 shares during the last quarter. Finally, Benjamin Edwards Inc. raised its stake in Polaris by 8,867.5% in the 3rd quarter. Benjamin Edwards Inc. now owns 63,938 shares of the company's stock valued at $5,322,000 after acquiring an additional 63,225 shares during the period. 88.06% of the stock is currently owned by institutional investors and hedge funds.

Polaris Company Profile

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.