Polaris - PII Stock Forecast, Price & News

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Polaris in the last twelve months. There are currently 4 hold ratings, 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" PII shares.
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11 equities research analysts have issued 12-month price objectives for Polaris' shares. Their PII share price forecasts range from $99.00 to $148.00. On average, they anticipate the company's stock price to reach $127.00 in the next twelve months. This suggests a possible upside of 26.4% from the stock's current price.
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Polaris' stock was trading at $109.91 at the beginning of 2022. Since then, PII stock has decreased by 8.6% and is now trading at $100.44.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 25th 2022.
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Polaris will be holding an earnings conference call on Tuesday, October 25th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Polaris Inc. (NYSE:PII) released its earnings results on Tuesday, July, 26th. The company reported $2.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.09 by $0.33. The company had revenue of $2.06 billion for the quarter, compared to the consensus estimate of $2.17 billion. Polaris had a net margin of 3.27% and a trailing twelve-month return on equity of 41.72%. The business's revenue was down 2.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.70 earnings per share.

Polaris declared a quarterly dividend on Thursday, July 28th. Investors of record on Thursday, September 1st will be paid a dividend of $0.64 per share on Thursday, September 15th. This represents a $2.56 annualized dividend and a yield of 2.55%. The ex-dividend date is Wednesday, August 31st.
Read our dividend analysis for PII.

Polaris (NYSE:PII) pays an annual dividend of $2.56 per share and currently has a dividend yield of 2.61%. The company has been increasing its dividend for 26 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 59.53%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PII will have a dividend payout ratio of 23.97% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PII.

Polaris updated its FY 2022 earnings guidance on Thursday, August, 4th. The company provided EPS guidance of $10.10-$10.30 for the period, compared to the consensus estimate of $9.93. The company issued revenue guidance of $9.26 billion-$9.51 billion, compared to the consensus revenue estimate of $9.14 billion.

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.

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).

Polaris trades on the New York Stock Exchange (NYSE) under the ticker symbol "PII."

Polaris' stock is owned by many different institutional and retail investors. Top institutional investors include Confluence Investment Management LLC (1.85%). Insiders that own company stock include Annette K Clayton, Christopher Musso, Dougherty Lucy Clark, Jacob Vogel, James P Williams, Kevin M Farr, Michael D Dougherty, Michael T Speetzen, Robert Paul Mack, Scott W Wine, Stephen L Eastman and Steven Menneto.
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Shares of PII stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of PII stock can currently be purchased for approximately $100.44.

Polaris (NYSE:PII) has a market capitalization of $5.98 billion and generates $8.20 billion in revenue each year. The company earns $493.90 million in net income (profit) each year or $4.30 on an earnings per share basis.

The company employs 16,000 workers across the globe.

Polaris' mailing address is 2100 HIGHWAY 55, MEDINA MN, 55340. The official website for the company is www.polaris.com. The company can be reached via phone at (763) 542-0500, via email at polaris.investorrelations@polaris.com, or via fax at 763-542-0599.