Polaris (NYSE:PII) Announces Quarterly Earnings Results

Polaris (NYSE:PII - Get Free Report) issued its quarterly earnings data on Monday. The company reported $0.13 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.43) by $0.56, Briefing.com reports. The business had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.65 billion. Polaris had a negative net margin of 6.51% and a negative return on equity of 0.05%. The firm's quarterly revenue was up 8.0% on a year-over-year basis. During the same quarter last year, the business earned ($0.90) EPS. Polaris updated its FY 2026 guidance to 1.600-1.700 EPS.

Polaris Stock Performance

Shares of Polaris stock opened at $66.31 on Wednesday. Polaris has a 52 week low of $31.56 and a 52 week high of $75.25. The company has a quick ratio of 0.35, a current ratio of 0.98 and a debt-to-equity ratio of 1.81. The business has a 50 day moving average price of $56.81 and a 200-day moving average price of $63.39. The company has a market cap of $3.76 billion, a PE ratio of -8.11 and a beta of 1.17.

Polaris Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.68 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $2.72 dividend on an annualized basis and a yield of 4.1%. This is an increase from Polaris's previous quarterly dividend of $0.67. Polaris's dividend payout ratio is presently -33.25%.

Insider Buying and Selling

In related news, SVP James P. Williams sold 5,243 shares of the company's stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $67.17, for a total transaction of $352,172.31. Following the completion of the sale, the senior vice president owned 48,645 shares in the company, valued at approximately $3,267,484.65. This represents a 9.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Michael T. Speetzen sold 35,086 shares of the firm's stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $66.83, for a total value of $2,344,797.38. Following the transaction, the chief executive officer owned 136,362 shares in the company, valued at approximately $9,113,072.46. This trade represents a 20.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 50,419 shares of company stock worth $3,371,183. 2.40% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Corient Private Wealth LLC increased its position in shares of Polaris by 27.1% during the second quarter. Corient Private Wealth LLC now owns 8,963 shares of the company's stock valued at $365,000 after acquiring an additional 1,909 shares during the last quarter. Teza Capital Management LLC increased its holdings in Polaris by 15.8% during the second quarter. Teza Capital Management LLC now owns 8,960 shares of the company's stock worth $364,000 after buying an additional 1,223 shares during the last quarter. Prudential Financial Inc. raised its position in Polaris by 17.8% in the second quarter. Prudential Financial Inc. now owns 8,347 shares of the company's stock worth $339,000 after acquiring an additional 1,259 shares during the period. Neuberger Berman Group LLC boosted its stake in Polaris by 26.6% in the fourth quarter. Neuberger Berman Group LLC now owns 4,822 shares of the company's stock valued at $305,000 after acquiring an additional 1,013 shares during the last quarter. Finally, Inceptionr LLC purchased a new position in Polaris in the fourth quarter valued at about $286,000. 88.06% of the stock is currently owned by hedge funds and other institutional investors.

More Polaris News

Here are the key news stories impacting Polaris this week:

• Positive Sentiment: Q1 beat — Polaris reported $0.13 EPS vs. consensus loss and revenue of $1.66B, up 8% year-over-year, topping estimates and showing operating recovery. Press Release
• Positive Sentiment: Management issued FY2026 EPS guidance of $1.60–$1.70 (consensus ~$1.68) and revenue guidance around $7.2–$7.3B — guidance is broadly in line and gives investors forward visibility. Slide Deck
• Neutral Sentiment: Full investor materials and call transcript were filed and published (slide deck + transcript), allowing analysts to parse segment trends and margin drivers. Earnings Call Transcript
• Neutral Sentiment: Analyst write-ups are emphasizing the beat but focusing on key metrics (mix, gross margin, working capital) to judge sustainability of the recovery. Zacks Analysis
• Negative Sentiment: Margins and profitability remain a concern — Polaris still showed a negative net margin (~-6.5%) and near-zero ROE, so earnings quality and margin recovery are key follow-ups for investors. Zacks: Earnings & Metrics
• Negative Sentiment: Unusually large put-option activity was recorded (≈2,385 puts, ~+218% vs. average), which can indicate hedging by holders or speculative bearish positioning that could pressure the share price if sentiment shifts.

Analysts Set New Price Targets

Several research analysts recently issued reports on PII shares. Royal Bank Of Canada lowered their target price on Polaris to $67.00 and set a "sector perform" rating for the company in a research report on Tuesday, January 27th. Weiss Ratings downgraded Polaris from a "hold (c-)" rating to a "sell (d+)" rating in a research report on Tuesday, February 17th. Wells Fargo & Company assumed coverage on shares of Polaris in a research report on Wednesday, March 11th. They set an "equal weight" rating and a $52.00 target price for the company. Seaport Research Partners raised shares of Polaris to a "strong-buy" rating in a research note on Thursday, January 8th. Finally, Morgan Stanley reduced their price objective on shares of Polaris from $81.00 to $74.00 and set an "equal weight" rating for the company in a research report on Tuesday, February 17th. One analyst has rated the stock with a Strong Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $63.11.

Polaris Company Profile

Polaris Inc, founded in 1954 and headquartered in Medina, Minnesota, is a diversified manufacturer of powersports vehicles and related products. Initially gaining prominence with its snowmobiles, Polaris expanded its portfolio over the decades to include all-terrain vehicles (ATVs), side-by-side off-road vehicles, and motorcycles. The company's legacy in recreational and utility vehicle innovation stems from early engineering breakthroughs that established Polaris as a leading name in off-road mobility.

Today, Polaris offers a broad range of products under well-known brands such as Polaris RANGER and POLARIS SPORTSMAN for utility and recreation markets, Slingshot three-wheel roadsters for on-road enthusiasts, and the Indian Motorcycle brand for premium two-wheeled touring and cruiser segments.