Polaris (NYSE:PII) Announces Earnings Results, Beats Expectations By $0.35 EPS

Key Points

• Polaris reported a quarterly earnings per share (EPS) of $0.40, exceeding analysts' estimates by $0.42, despite a 5.5% decline in revenue compared to the same quarter last year.
• The company announced a quarterly dividend of $0.67 per share, resulting in an annualized dividend of $2.68 and a dividend yield of 4.50%.
• Analysts have revised their price targets for Polaris, with an average target of $45.58, while maintaining a "hold" rating from the majority of analysts.

Polaris (NYSE:PII - Get Free Report) released its quarterly earnings results on Tuesday. The company reported $0.40 earnings per share for the quarter, topping the consensus estimate of $0.05 by $0.35, Zacks reports. The company had revenue of $1.85 billion for the quarter, compared to analysts' expectations of $1.73 billion. Polaris had a positive return on equity of 5.16% and a negative net margin of 1.57%. The business's quarterly revenue was down 5.5% compared to the same quarter last year. During the same period in the previous year, the business posted $1.38 earnings per share. Polaris updated its Q3 2025 guidance to EPS.

Polaris Stock Down 8.2%

Shares of NYSE:PII traded down $4.74 during trading on Wednesday, reaching $53.07. 2,457,749 shares of the stock were exchanged, compared to its average volume of 1,567,999. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.04 and a quick ratio of 0.37. Polaris has a 1-year low of $30.92 and a 1-year high of $87.83. The stock has a fifty day moving average of $44.04 and a two-hundred day moving average of $42.80. The firm has a market cap of $2.98 billion, a price-to-earnings ratio of -28.23 and a beta of 1.05.

Polaris Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 16th. Stockholders of record on Monday, June 2nd were given a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 5.05%. The ex-dividend date was Monday, June 2nd. Polaris's payout ratio is 372.22%.

Hedge Funds Weigh In On Polaris

A hedge fund recently raised its stake in Polaris stock. Goldman Sachs Group Inc. lifted its position in shares of Polaris Inc. (NYSE:PII - Free Report) by 677.2% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 544,295 shares of the company's stock after purchasing an additional 474,259 shares during the quarter. Goldman Sachs Group Inc. owned 0.97% of Polaris worth $22,283,000 at the end of the most recent reporting period. 88.06% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

PII has been the topic of several analyst reports. BMO Capital Markets upped their target price on Polaris from $33.00 to $52.00 and gave the company a "market perform" rating in a report on Wednesday. Royal Bank Of Canada upped their target price on Polaris from $34.00 to $56.00 and gave the company a "sector perform" rating in a report on Wednesday. Baird R W cut Polaris from a "strong-buy" rating to a "hold" rating in a report on Friday, April 4th. Robert W. Baird upped their target price on Polaris from $46.00 to $55.00 and gave the company a "neutral" rating in a report on Wednesday. Finally, Citigroup reiterated a "sell" rating and issued a $27.00 target price (up from $23.00) on shares of Polaris in a report on Monday, June 16th. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $48.33.

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.