Q2 Earnings Forecast for Polaris Issued By KeyCorp

Polaris Inc. (NYSE:PII - Free Report) - Stock analysts at KeyCorp issued their Q2 2025 earnings per share (EPS) estimates for Polaris in a research report issued to clients and investors on Wednesday, January 8th. KeyCorp analyst N. Zatzkin expects that the company will post earnings per share of $0.86 for the quarter. KeyCorp currently has a "Sector Weight" rating on the stock. The consensus estimate for Polaris' current full-year earnings is $3.22 per share.

A number of other brokerages have also weighed in on PII. Royal Bank of Canada decreased their price target on shares of Polaris from $82.00 to $73.00 and set a "sector perform" rating on the stock in a research note on Wednesday, October 23rd. StockNews.com downgraded Polaris from a "hold" rating to a "sell" rating in a research report on Wednesday. Robert W. Baird decreased their price objective on Polaris from $84.00 to $72.00 and set an "outperform" rating on the stock in a report on Monday, December 30th. DA Davidson dropped their target price on shares of Polaris from $87.00 to $84.00 and set a "buy" rating for the company in a report on Thursday, October 24th. Finally, Truist Financial decreased their price target on shares of Polaris from $76.00 to $60.00 and set a "hold" rating on the stock in a research note on Tuesday. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, Polaris currently has a consensus rating of "Hold" and an average price target of $84.00.

Polaris Price Performance

NYSE PII traded down $1.33 during trading hours on Friday, reaching $54.09. The company's stock had a trading volume of 1,529,586 shares, compared to its average volume of 942,211. The firm has a market capitalization of $3.02 billion, a price-to-earnings ratio of 15.11, a P/E/G ratio of 6.59 and a beta of 1.53. The company's 50-day moving average is $63.68 and its two-hundred day moving average is $74.51. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.21 and a quick ratio of 0.32. Polaris has a 1-year low of $52.77 and a 1-year high of $100.91.

Polaris (NYSE:PII - Get Free Report) last posted its earnings results on Tuesday, October 22nd. The company reported $0.73 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.88 by ($0.15). Polaris had a net margin of 2.64% and a return on equity of 17.92%. The firm had revenue of $1.72 billion during the quarter, compared to analyst estimates of $1.77 billion. During the same quarter in the prior year, the firm earned $2.71 earnings per share. The business's revenue for the quarter was down 23.4% on a year-over-year basis.

Institutional Trading of Polaris

A number of hedge funds and other institutional investors have recently modified their holdings of the business. The Manufacturers Life Insurance Company increased its stake in Polaris by 3.2% during the third quarter. The Manufacturers Life Insurance Company now owns 2,262,990 shares of the company's stock worth $188,371,000 after purchasing an additional 69,844 shares during the period. Confluence Investment Management LLC raised its position in shares of Polaris by 0.7% during the 3rd quarter. Confluence Investment Management LLC now owns 1,039,359 shares of the company's stock worth $86,516,000 after acquiring an additional 6,724 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Polaris by 10.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 983,206 shares of the company's stock worth $76,994,000 after buying an additional 96,194 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Polaris by 44.6% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 555,410 shares of the company's stock valued at $46,232,000 after buying an additional 171,366 shares in the last quarter. Finally, American Century Companies Inc. grew its position in shares of Polaris by 311.6% in the 2nd quarter. American Century Companies Inc. now owns 387,012 shares of the company's stock valued at $30,307,000 after buying an additional 292,992 shares during the last quarter. 88.06% of the stock is owned by institutional investors and hedge funds.

Polaris Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Monday, December 2nd were given a dividend of $0.66 per share. This represents a $2.64 annualized dividend and a dividend yield of 4.88%. The ex-dividend date of this dividend was Monday, December 2nd. Polaris's payout ratio is presently 73.74%.

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.