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NYSE:PII

Polaris (PII) Stock Price, News & Analysis

Polaris logo
$68.27 +0.76 (+1.13%)
(As of 11/27/2024 ET)

About Polaris Stock (NYSE:PII)

Key Stats

Today's Range
$68.04
$69.24
50-Day Range
$65.20
$85.86
52-Week Range
$64.56
$100.91
Volume
847,183 shs
Average Volume
713,294 shs
Market Capitalization
$3.81 billion
P/E Ratio
19.07
Dividend Yield
3.87%
Price Target
$87.09
Consensus Rating
Hold

Company Overview

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. It also provides ORV accessories comprising winches, bumper/brushguards, plows, racks, wheels and tires, pull-behinds, cab systems, lighting and audio systems, cargo box accessories, tracks, and oil; snowmobile accessories, which include covers, traction products, reverse kits, electric starters, tracks, bags, windshields, oil, and lubricants; and motorcycle accessories, such as saddle bags, handlebars, backrests, exhausts, windshields, seats, oil, and various chrome accessories. In addition, the company offers light duty hauling and passenger vehicles; gear and apparel, such as helmets, goggles, jackets, gloves, boots, bibs, hats, pants, and leathers; and pontoon and deck boats. The company provides its products through dealers and distributors, and online; and retail and e-commerce marketplaces. The company was formerly known as Polaris Industries Inc. Polaris Inc. was founded in 1945 and is headquartered in Medina, Minnesota.

Polaris Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
93rd Percentile Overall Score

PII MarketRank™: 

Polaris scored higher than 93% of companies evaluated by MarketBeat, and ranked 13th out of 93 stocks in the auto/tires/trucks sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Polaris has received a consensus rating of Hold. The company's average rating score is 2.36, and is based on 4 buy ratings, 7 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Polaris has only been the subject of 4 research reports in the past 90 days.

  • Read more about Polaris' stock forecast and price target.
  • Earnings Growth

    Earnings for Polaris are expected to grow by 19.25% in the coming year, from $3.22 to $3.84 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Polaris is 19.07, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.67.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Polaris is 19.07, which means that it is trading at a more expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 15.34.

  • Price to Earnings Growth Ratio

    Polaris has a PEG Ratio of 7.44. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Polaris has a P/B Ratio of 2.83. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Polaris' valuation and earnings.
  • Percentage of Shares Shorted

    7.01% of the float of Polaris has been sold short.
  • Short Interest Ratio / Days to Cover

    Polaris has a short interest ratio ("days to cover") of 5.7.
  • Change versus previous month

    Short interest in Polaris has recently increased by 2.52%, indicating that investor sentiment is decreasing.
  • Dividend Leadership

    Polaris is a leading dividend payer. It pays a dividend yield of 3.71%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Polaris has been increasing its dividend for 29 years.

  • Dividend Coverage

    The dividend payout ratio of Polaris is 73.74%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Polaris will have a dividend payout ratio of 68.75% next year. This indicates that Polaris will be able to sustain or increase its dividend.

  • Read more about Polaris' dividend.
  • Percentage of Shares Shorted

    7.01% of the float of Polaris has been sold short.
  • Short Interest Ratio / Days to Cover

    Polaris has a short interest ratio ("days to cover") of 5.7.
  • Change versus previous month

    Short interest in Polaris has recently increased by 2.52%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Polaris has a news sentiment score of 0.94. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.70 average news sentiment score of Auto/Tires/Trucks companies.
  • News Coverage This Week

    MarketBeat has tracked 9 news articles for Polaris this week, compared to 7 articles on an average week.
  • Search Interest

    8 people have searched for PII on MarketBeat in the last 30 days. This is an increase of 60% compared to the previous 30 days.
  • MarketBeat Follows

    4 people have added Polaris to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Polaris insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 3.12% of the stock of Polaris is held by insiders.

  • Percentage Held by Institutions

    88.06% of the stock of Polaris is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Polaris' insider trading history.
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PII Stock News Headlines

Polaris Announces Leadership Changes with Eastman’s Retirement
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Polaris (PII) Passes Through 4% Yield Mark
Polaris (NYSE:PII) Downgraded to "Sell" Rating by StockNews.com
See More Headlines

PII Stock Analysis - Frequently Asked Questions

Polaris' stock was trading at $94.77 at the start of the year. Since then, PII stock has decreased by 28.0% and is now trading at $68.27.
View the best growth stocks for 2024 here
.

Polaris Inc. (NYSE:PII) posted its quarterly earnings data 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. The company's revenue for the quarter was down 23.4% on a year-over-year basis.

Polaris subsidiaries include these companies: Larson Boats LLC, Larson Escape, LarsonFX, Striper, WSI Industries, Boat Holdings, Transamerican Auto Parts, and others.

Polaris' top institutional shareholders include State Street Corp (5.21%), The Manufacturers Life Insurance Company (4.06%), Confluence Investment Management LLC (1.86%) and Geode Capital Management LLC (1.56%). Insiders that own company stock include Michael T Speetzen, Robert Paul Mack, Michael D Dougherty, Stephen L Eastman, Dougherty Lucy Clark, James P Williams and Kevin M Farr.
View institutional ownership trends
.

Shares of PII stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Polaris investors own include Chevron (CVX), Pfizer (PFE), NVIDIA (NVDA), Johnson & Johnson (JNJ), Meta Platforms (META), Salesforce (CRM) and Home Depot (HD).

Company Calendar

Ex-Dividend for 9/16 Dividend
9/03/2024
Dividend Payable
9/16/2024
Last Earnings
10/22/2024
Today
11/28/2024
Ex-Dividend for 12/16 Dividend
12/02/2024
Dividend Payable
12/16/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/04/2025

Industry, Sector and Symbol

Industry
Miscellaneous transportation equipment
Sub-Industry
Leisure Products
CUSIP
73106810
Employees
18,500
Year Founded
1954

Price Target and Rating

Average Stock Price Target
$87.09
High Stock Price Target
$120.00
Low Stock Price Target
$73.00
Potential Upside/Downside
+27.6%
Consensus Rating
Hold
Rating Score (0-4)
2.36
Research Coverage
11 Analysts

Profitability

Net Income
$502.80 million
Pretax Margin
3.24%

Debt

Sales & Book Value

Annual Sales
$8.93 billion
Cash Flow
$13.36 per share
Book Value
$24.13 per share

Miscellaneous

Free Float
54,030,000
Market Cap
$3.81 billion
Optionable
Optionable
Beta
1.52

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This page (NYSE:PII) was last updated on 11/29/2024 by MarketBeat.com Staff
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