NYSE:PII

Polaris (PII) Stock Price, News & Analysis

$83.36
-1.85 (-2.17%)
(As of 04/25/2024 ET)
Today's Range
$82.22
$84.75
50-Day Range
$85.21
$100.12
52-Week Range
$82.00
$138.49
Volume
2.51 million shs
Average Volume
716,597 shs
Market Capitalization
$4.71 billion
P/E Ratio
12.22
Dividend Yield
3.17%
Price Target
$100.27

Polaris MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
20.4% Upside
$100.27 Price Target
Short Interest
Healthy
5.83% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-4.51
Upright™ Environmental Score
News Sentiment
0.18mentions of Polaris in the last 14 days
Based on 34 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
14.55%
From $7.97 to $9.13 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.44 out of 5 stars

Auto/Tires/Trucks Sector

15th out of 80 stocks

Miscellaneous Transportation Equipment Industry

1st out of 6 stocks

PII stock logo

About Polaris Stock (NYSE:PII)

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.

PII Stock Price History

PII Stock News Headlines

Polaris Declares Regular Cash Dividend
Polaris (NYSE:PII) Given New $96.00 Price Target at Citigroup
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Polaris (NYSE:PII) Upgraded to Buy at StockNews.com
RBC Capital Keeps Their Hold Rating on Polaris (PII)
A new way to collect income from stocks
Most people think of BUYING options when they talk about options. It’s how speculators leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time. The problem is - they don’t always pay off when you buy them. In fact, a contributing writer at the Financial Post studied options extensively…
Polaris (NYSE:PII) Misses Q1 Revenue Estimates
Polaris (PII) Q1 Earnings: What To Expect
Polaris (PII) to Release Earnings on Tuesday
See More Headlines
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Company Calendar

Ex-Dividend for 3/15 Dividend
2/29/2024
Dividend Payable
3/15/2024
Last Earnings
4/23/2024
Today
4/25/2024
Next Earnings (Estimated)
7/23/2024
Fiscal Year End
12/31/2024

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
$100.27
High Stock Price Target
$120.00
Low Stock Price Target
$80.00
Potential Upside/Downside
+20.4%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
12 Analysts

Profitability

Net Income
$502.80 million
Pretax Margin
5.69%

Debt

Sales & Book Value

Annual Sales
$8.93 billion
Cash Flow
$13.43 per share
Book Value
$24.44 per share

Miscellaneous

Free Float
54,718,000
Market Cap
$4.70 billion
Optionable
Optionable
Beta
1.60

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PII Stock Analysis - Frequently Asked Questions

Should I buy or sell Polaris stock right now?

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Polaris in the last twelve months. There are currently 8 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" PII shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PII, but not buy additional shares or sell existing shares.
View PII analyst ratings
or view top-rated stocks.

What is Polaris' stock price target for 2024?

12 brokerages have issued twelve-month price targets for Polaris' stock. Their PII share price targets range from $80.00 to $120.00. On average, they predict the company's share price to reach $100.27 in the next twelve months. This suggests a possible upside of 20.4% from the stock's current price.
View analysts price targets for PII
or view top-rated stocks among Wall Street analysts.

How have PII shares performed in 2024?

Polaris' stock was trading at $94.77 at the beginning of 2024. Since then, PII shares have decreased by 12.1% and is now trading at $83.28.
View the best growth stocks for 2024 here
.

Are investors shorting Polaris?

Polaris saw a drop in short interest in April. As of April 15th, there was short interest totaling 3,090,000 shares, a drop of 18.5% from the March 31st total of 3,790,000 shares. Based on an average daily volume of 694,200 shares, the days-to-cover ratio is currently 4.5 days. Approximately 5.8% of the company's shares are sold short.
View Polaris' Short Interest
.

When is Polaris' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 23rd 2024.
View our PII earnings forecast
.

How were Polaris' earnings last quarter?

Polaris Inc. (NYSE:PII) released its quarterly earnings data on Tuesday, April, 23rd. The company reported $0.23 earnings per share for the quarter, beating analysts' consensus estimates of $0.06 by $0.17. The business earned $1.74 billion during the quarter, compared to the consensus estimate of $1.75 billion. Polaris had a net margin of 4.63% and a trailing twelve-month return on equity of 31.39%. The firm's revenue was down 20.3% on a year-over-year basis. During the same period in the prior year, the firm posted $2.05 earnings per share.

How often does Polaris pay dividends? What is the dividend yield for Polaris?

Polaris announced a quarterly dividend on Thursday, February 1st. Stockholders of record on Friday, March 1st will be paid a dividend of $0.66 per share on Friday, March 15th. This represents a $2.64 dividend on an annualized basis and a dividend yield of 3.17%. The ex-dividend date is Thursday, February 29th. This is an increase from the stock's previous quarterly dividend of $0.65.
Read our dividend analysis for PII
.

Is Polaris a good dividend stock?

Polaris (NYSE:PII) pays an annual dividend of $2.64 per share and currently has a dividend yield of 3.05%. The company has been increasing its dividend for 29 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 38.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PII will have a dividend payout ratio of 28.92% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PII.

What guidance has Polaris issued on next quarter's earnings?

Polaris issued an update on its FY 2024 earnings guidance on Tuesday, April, 23rd. The company provided EPS guidance of 7.786-8.244 for the period, compared to the consensus earnings per share estimate of 7.870. The company issued revenue guidance of $8.3 billion-$8.5 billion, compared to the consensus revenue estimate of $8.4 billion.

What is Scott W. Wine's approval rating as Polaris' CEO?

208 employees have rated Polaris Chief Executive Officer Scott W. Wine on Glassdoor.com. Scott W. Wine has an approval rating of 82% among the company's employees.

What other stocks do shareholders of Polaris own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Polaris investors own include Johnson & Johnson (JNJ), McDonald's (MCD), Pfizer (PFE), Intel (INTC), CVS Health (CVS), International Business Machines (IBM), NVIDIA (NVDA), Exxon Mobil (XOM), AbbVie (ABBV) and Boeing (BA).

Who are Polaris' major shareholders?

Polaris' stock is owned by many different retail and institutional investors. Top institutional investors include Confluence Investment Management LLC (1.93%), Raymond James & Associates (0.72%), Verity & Verity LLC (0.65%), Raymond James Financial Services Advisors Inc. (0.11%), Hunter Perkins Capital Management LLC (0.11%) and Amalgamated Bank (0.06%). Insiders that own company stock include Dougherty Lucy Clark, Jacob Vogel, James P Williams, Kevin M Farr, Michael D Dougherty, Michael T Speetzen, Robert Paul Mack and Stephen L Eastman.
View institutional ownership trends
.

How do I buy shares of Polaris?

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.

Does Polaris have any subsidiaries?
The following companies are subsidiares of Polaris: A.M. Holding S.A.S., AIXAM Mega GmbH, Aixam Immobilier S.A.S., Aixam Lusitana Sociedad De Comercializacae de Automoveis S.A., Aixam Mega, Aixam Mega Engineering S.A.S., Aixam Mega Italia S.R.L., Aixam Mega Nederland BV, Aixam Mega S.A.S., Aixam Production S.A.S., Aixam Sweden AB, Aixam-Mega Iberica S.L., BAIC TAP Off-Road Vehicle Technology Company Limited, Boat Holdings, Carmax SAS, Carmetal SAS, Compagnie Industrielle du Vencors SAS, Eicher Polaris Private Ltd., FAM SAS, Goupil Industrie S.A., HH Investment Limited, Highwater Marine LLC, Indian Motorcycle, Indian Motorcycle Company, Indian Motorcycle International LLC, Indian Motorcycle USA LLC, KLIM Europe Sarl, Larson Boats LLC, Larson Escape, LarsonFX, Mega Production S.A., North 54 Insurance Company, North Pole Star LLC, Northstar Precision (Vietnam) Company Limited, Polaris APLA Holdco Pte. Ltd., Polaris Acceptance (50%), Polaris Acceptance Inc., Polaris Boats LLC, Polaris Britain Limited, Polaris Canada Holdco LP, Polaris EMEA Support Center Sp. z.o.o., Polaris Events LLC, Polaris Experience LLC, Polaris Finance Co Sarl, Polaris Finland Oy, Polaris France Holdco SNC, Polaris France S.A.S., Polaris Germany GmbH, Polaris India Private Ltd., Polaris Industries Holdco LP, Polaris Industries Inc., Polaris Industries LLC, Polaris Industries Ltd., Polaris Japan Inc., Polaris Limited China, Polaris Luxembourg I Sarl, Polaris Luxembourg II Sarl, Polaris Norway AS, Polaris Poland Sp. z o.o, Polaris Sales Australia Pty Ltd., Polaris Sales Europe Inc., Polaris Sales Europe Sarl, Polaris Sales Inc., Polaris Sales Mexico S. de R.L. de C.V., Polaris Sales Spain S.L., Polaris Scandinavia AB, Polaris Warranty Group LLC, Polaris of Brazil Import and Trade of Vehicles and Motorcycles LLC, Pontoon Boat LLC, Premier O.E.M. Inc., Primordial Inc., SCI GEB, Shanghai Yi Zing Power Technology Co. Ltd., Striper, TAP Automotive Holdings Canada Inc., TAP Automotive Holdings LLC, TAP Manufacturing LLC, TAP Off Road Investment Company Ltd., TAP Worldwide LLC, Teton Outfitters LLC, Transamerican (NINGBO) Automotive Technology Co. Ltd., Transamerican Auto Parts, Victory Motorcycles Australia Pty Ltd, WSI INDUSTRIES INC., WSI Industries, WSI Industries Co., WSI Rochester Inc., and swissauto powersport LLC.
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This page (NYSE:PII) was last updated on 4/25/2024 by MarketBeat.com Staff

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