Roth Capital Raises Polaris (NYSE:PII) Price Target to $41.00

Polaris (NYSE:PII - Free Report) had its price target increased by Roth Capital from $32.00 to $41.00 in a research report report published on Wednesday,Benzinga reports. Roth Capital currently has a neutral rating on the stock. Roth Capital also issued estimates for Polaris' Q3 2025 earnings at ($0.01) EPS, Q4 2025 earnings at $0.55 EPS, FY2025 earnings at ($0.48) EPS, Q1 2026 earnings at ($0.09) EPS, Q2 2026 earnings at $0.28 EPS, Q3 2026 earnings at $0.37 EPS, Q4 2026 earnings at $0.79 EPS, FY2026 earnings at $1.36 EPS and FY2027 earnings at $2.50 EPS.

A number of other equities analysts also recently issued reports on PII. Royal Bank Of Canada cut their price target on Polaris from $54.00 to $34.00 and set a "sector perform" rating for the company in a research note on Wednesday, April 30th. Citigroup reaffirmed a "sell" rating and set a $27.00 target price (up previously from $23.00) on shares of Polaris in a research report on Monday, June 16th. Truist Financial cut their price objective on shares of Polaris from $55.00 to $30.00 and set a "hold" rating on the stock in a report on Monday, April 14th. Morgan Stanley cut their price objective on shares of Polaris from $31.00 to $29.00 and set an "equal weight" rating on the stock in a report on Thursday, May 1st. Finally, Baird R W cut shares of Polaris from a "strong-buy" rating to a "hold" rating in a report on Friday, April 4th. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, Polaris currently has an average rating of "Hold" and an average price target of $45.58.

Polaris Stock Up 0.0%

Shares of PII traded up $0.01 during trading hours on Wednesday, hitting $49.62. The stock had a trading volume of 224,578 shares, compared to its average volume of 1,703,756. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.12 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 firm has a 50 day simple moving average of $42.98 and a 200-day simple moving average of $42.89. The firm has a market capitalization of $2.79 billion, a P/E ratio of 68.91 and a beta of 1.05.

Polaris (NYSE:PII - Get Free Report) last posted its quarterly earnings results on Tuesday, April 29th. The company reported ($0.90) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.91) by $0.01. The business had revenue of $1.54 billion during the quarter, compared to the consensus estimate of $1.53 billion. Polaris had a net margin of 0.58% and a return on equity of 9.26%. Polaris's revenue was down 11.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.23 EPS. Sell-side analysts predict that Polaris will post 1.11 EPS for the current fiscal year.

Polaris Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 16th. Stockholders of record on Monday, June 2nd were given a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 5.40%. The ex-dividend date was Monday, June 2nd. Polaris's dividend payout ratio (DPR) is currently 372.22%.

Institutional Trading of Polaris

A number of institutional investors have recently added to or reduced their stakes in the stock. UMB Bank n.a. increased its position in shares of Polaris by 114.1% during the first quarter. UMB Bank n.a. now owns 805 shares of the company's stock valued at $33,000 after buying an additional 429 shares during the period. Opal Wealth Advisors LLC bought a new stake in Polaris during the 1st quarter worth approximately $35,000. Fifth Third Bancorp increased its holdings in Polaris by 46.9% during the 1st quarter. Fifth Third Bancorp now owns 996 shares of the company's stock worth $41,000 after acquiring an additional 318 shares during the period. Allworth Financial LP increased its holdings in Polaris by 7,462.5% during the 1st quarter. Allworth Financial LP now owns 1,210 shares of the company's stock worth $50,000 after acquiring an additional 1,194 shares during the period. Finally, MassMutual Private Wealth & Trust FSB increased its holdings in Polaris by 191.1% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 1,214 shares of the company's stock worth $50,000 after acquiring an additional 797 shares during the period. Hedge funds and other institutional investors own 88.06% of the company's stock.

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.