Polaris (PII) Projected to Post Quarterly Earnings on Tuesday

Polaris (NYSE:PII - Get Free Report) is expected to release its Q1 2025 earnings data before the market opens on Tuesday, April 29th. Analysts expect Polaris to post earnings of ($0.91) per share and revenue of $1.53 billion for the quarter. Polaris has set its Q2 2025 guidance at EPS.

Polaris (NYSE:PII - Get Free Report) last released its quarterly earnings results on Tuesday, April 29th. The company reported ($0.90) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.91) by $0.01. Polaris had a return on equity of 13.78% and a net margin of 1.54%. The business had revenue of $1.54 billion during the quarter, compared to analysts' expectations of $1.53 billion. During the same period in the previous year, the business posted $0.23 earnings per share. The firm's revenue for the quarter was down 11.6% compared to the same quarter last year. On average, analysts expect Polaris to post $1 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Polaris Price Performance

Shares of NYSE PII traded down $0.49 during trading on Wednesday, reaching $33.34. The company had a trading volume of 1,187,813 shares, compared to its average volume of 1,101,793. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.39 and a current ratio of 1.15. The stock has a market cap of $1.87 billion, a PE ratio of 17.01, a PEG ratio of 13.95 and a beta of 1.32. The business's 50 day moving average price is $39.60 and its 200-day moving average price is $53.60. Polaris has a 52 week low of $30.92 and a 52 week high of $90.62.

Polaris Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 3rd were given a dividend of $0.67 per share. The ex-dividend date was Monday, March 3rd. This is an increase from Polaris's previous quarterly dividend of $0.66. This represents a $2.68 dividend on an annualized basis and a yield of 8.04%. Polaris's dividend payout ratio is presently 136.73%.

Analyst Upgrades and Downgrades

PII has been the subject of a number of analyst reports. Roth Mkm lowered their target price on shares of Polaris from $76.00 to $57.00 and set a "neutral" rating for the company in a report on Friday, January 24th. BMO Capital Markets reduced their target price on shares of Polaris from $60.00 to $50.00 and set a "market perform" rating for the company in a research note on Wednesday, January 29th. Truist Financial reduced their target price on shares of Polaris from $55.00 to $30.00 and set a "hold" rating for the company in a report on Monday, April 14th. DA Davidson dropped their price objective on Polaris from $69.00 to $60.00 and set a "buy" rating on the stock in a research note on Thursday, January 30th. Finally, StockNews.com lowered Polaris from a "hold" rating to a "sell" rating in a research note on Wednesday, January 8th. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and one has issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $48.18.

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.