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NYSE:PII

Polaris - PII Stock Forecast, Price & News

$123.37
+2.96 (+2.46%)
(As of 08/16/2022 12:56 PM ET)
Add
Compare
Today's Range
$119.41
$123.79
50-Day Range
$96.82
$120.41
52-Week Range
$94.24
$134.10
Volume
5,485 shs
Average Volume
597,383 shs
Market Capitalization
$7.35 billion
P/E Ratio
28.69
Dividend Yield
2.13%
Price Target
$128.36

Polaris MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.73 Rating Score
Upside/​Downside
5.5% Upside
$128.36 Price Target
Short Interest
Bearish
7.23% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-4.51
Upright™ Environmental Score
News Sentiment
0.27mentions of Polaris in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$4.36 M Sold Last Quarter
Proj. Earnings Growth
6.82%
From $10.12 to $10.81 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.83 out of 5 stars

Auto/Tires/Trucks Sector

78th out of 111 stocks

Miscellaneous Transportation Equipment Industry

5th out of 7 stocks

PII stock logo

About Polaris (NYSE:PII) Stock

Polaris Inc. designs, engineers, manufactures, and markets power sports vehicles worldwide. It operates through six segments: ORV, Snowmobiles, Motorcycles, Global Adjacent Markets, Aftermarket, and Boats. The company offers off-road vehicles (ORVs), including all-terrain vehicles and side-by-side vehicles; snowmobiles and snow bikes conversion kit systems; motorcycles; and low emission, light duty hauling, passenger, and industrial vehicles. It also produces replacement parts and accessories comprising winches, bumper/brushguards, plows, racks, wheels and tires, pull-behinds, cab systems, lighting and audio systems, cargo box accessories, tracks, and oil for ORVs; snowmobile accessories, which comprise covers, traction products, electric starters, reverse kits, tracks, bags, windshields, oil, and lubricants; and motorcycle accessories, including e saddle bags, handlebars, backrests, exhausts, windshields, seats, oil, and various chrome accessories. In addition, the company offers gear and apparel, such as helmets, jackets, gloves, pants, hats, goggles, boots, bibs, and leathers; off-road Jeep and truck accessories; and pontoon and deck boats. The company provides its products through dealers and distributors, and online; and aftermarket parts, garments, and accessories through 101 brick-and-mortar retail centers, call centers, and e-commerce sites. The company was formerly known as Polaris Industries Inc. Polaris Inc. was founded in 1954 and is headquartered in Medina, Minnesota.

Polaris Stock Up 0.1 %

Shares of NYSE:PII traded up $0.17 during trading on Monday, reaching $120.41. The stock had a trading volume of 507,086 shares, compared to its average volume of 726,120. The firm's 50-day simple moving average is $108.83 and its 200 day simple moving average is $109.09. The company has a market capitalization of $7.17 billion, a P/E ratio of 28.00 and a beta of 1.57. The company has a current ratio of 1.22, a quick ratio of 0.41 and a debt-to-equity ratio of 1.36. Polaris has a one year low of $94.24 and a one year high of $134.10.

Polaris (NYSE:PII - Get Rating) last posted its earnings results on Tuesday, July 26th. The company reported $2.42 earnings per share for the quarter, beating the consensus estimate of $2.06 by $0.36. Polaris had a net margin of 3.27% and a return on equity of 41.72%. The firm had revenue of $2.06 billion during the quarter, compared to analyst estimates of $2.17 billion. During the same period in the previous year, the firm earned $2.70 EPS. The business's quarterly revenue was down 2.6% on a year-over-year basis. As a group, research analysts expect that Polaris will post 10.12 EPS for the current fiscal year.

Polaris Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 15th. Shareholders of record on Thursday, September 1st will be given a $0.64 dividend. The ex-dividend date of this dividend is Wednesday, August 31st. This represents a $2.56 dividend on an annualized basis and a yield of 2.13%. Polaris's payout ratio is currently 59.53%.

Wall Street Analysts Forecast Growth

PII has been the subject of a number of research analyst reports. Jefferies Financial Group assumed coverage on Polaris in a report on Tuesday, June 28th. They set a "hold" rating and a $105.00 price target for the company. Northcoast Research reissued a "buy" rating on shares of Polaris in a research report on Tuesday, May 17th. Raymond James lowered their target price on shares of Polaris from $149.00 to $131.00 in a report on Wednesday, April 27th. DA Davidson began coverage on shares of Polaris in a research note on Wednesday, May 4th. They issued a "neutral" rating and a $99.00 price objective for the company. Finally, Citigroup decreased their price objective on shares of Polaris from $145.00 to $139.00 and set a "buy" rating for the company in a research note on Tuesday, April 19th. Five equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Polaris currently has an average rating of "Moderate Buy" and a consensus price target of $128.36.

Insiders Place Their Bets

In related news, CEO Michael T. Speetzen sold 24,500 shares of the company's stock in a transaction that occurred on Friday, August 12th. The shares were sold at an average price of $119.21, for a total transaction of $2,920,645.00. Following the sale, the chief executive officer now directly owns 61,202 shares in the company, valued at $7,295,890.42. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, insider Stephen L. Eastman sold 12,000 shares of Polaris stock in a transaction dated Thursday, August 11th. The stock was sold at an average price of $120.14, for a total transaction of $1,441,680.00. Following the completion of the sale, the insider now owns 20,583 shares in the company, valued at approximately $2,472,841.62. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Michael T. Speetzen sold 24,500 shares of the firm's stock in a transaction dated Friday, August 12th. The stock was sold at an average price of $119.21, for a total value of $2,920,645.00. Following the completion of the sale, the chief executive officer now directly owns 61,202 shares in the company, valued at $7,295,890.42. The disclosure for this sale can be found here. Insiders own 2.20% of the company's stock.

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PII Stock News Headlines

Polaris (NYSE:PII) PT Lowered to $130.00 at Robert W. Baird
Is Polaris (PII) Stock Undervalued Right Now?
Polaris Inc (PII) Q2 Earnings Beat Estimates
See More Headlines
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PII Company Calendar

Ex-Dividend for 6/15 Dividend
5/31/2022
Dividend Payable
6/15/2022
Last Earnings
7/26/2022
Today
8/16/2022
Ex-Dividend for 9/15 Dividend
8/31/2022
Dividend Payable
9/15/2022
Next Earnings (Estimated)
10/25/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Miscellaneous transportation equipment
Sub-Industry
Leisure Products
CUSIP
73106810
Employees
16,000
Year Founded
1954

Price Target and Rating

Average Stock Price Forecast
$128.36
High Stock Price Forecast
$148.00
Low Stock Price Forecast
$99.00
Forecasted Upside/Downside
+4.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.73
Research Coverage
11 Analysts

Profitability

Net Income
$493.90 million
Pretax Margin
6.32%

Debt

Sales & Book Value

Annual Sales
$8.20 billion
Cash Flow
$13.69 per share
Book Value
$20.21 per share

Miscellaneous

Free Float
58,246,000
Market Cap
$7.35 billion
Optionable
Optionable
Beta
1.57

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PII Stock - Frequently Asked Questions

Should I buy or sell Polaris stock right now?

11 Wall Street 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 analysts is that investors should "buy" PII shares.
View PII analyst ratings
or view top-rated stocks.

What is Polaris' stock price forecast for 2022?

11 equities research analysts have issued 1 year price targets for Polaris' stock. Their PII share price forecasts range from $99.00 to $148.00. On average, they expect the company's stock price to reach $128.36 in the next twelve months. This suggests a possible upside of 6.6% from the stock's current price.
View analysts price targets for PII
or view top-rated stocks among Wall Street analysts.

How have PII shares performed in 2022?

Polaris' stock was trading at $109.91 at the beginning of 2022. Since then, PII shares have increased by 9.6% and is now trading at $120.41.
View the best growth stocks for 2022 here
.

When is Polaris' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 25th 2022.
View our PII earnings forecast
.

How were Polaris' earnings last quarter?

Polaris Inc. (NYSE:PII) issued its earnings results on Tuesday, July, 26th. The company reported $2.42 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.06 by $0.36. The firm earned $2.06 billion during the quarter, compared to analysts' expectations of $2.17 billion. Polaris had a trailing twelve-month return on equity of 41.72% and a net margin of 3.27%. The firm's revenue was down 2.6% on a year-over-year basis. During the same period in the previous year, the business earned $2.70 EPS.

How often does Polaris pay dividends? What is the dividend yield for Polaris?

Polaris announced a quarterly dividend on Thursday, July 28th. Shareholders 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 dividend yield of 2.13%. The ex-dividend date of this dividend is Wednesday, August 31st.
Read our dividend analysis for PII
.

Is Polaris a good dividend stock?

Polaris (NYSE:PII) pays an annual dividend of $2.56 per share and currently has a dividend yield of 2.13%. The company has been increasing its dividend for 28 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 23.68% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PII.

What guidance has Polaris issued on next quarter's earnings?

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 earnings per share 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.

What is Scott W. Wine's approval rating as Polaris' CEO?

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.

What other stocks do shareholders of Polaris own?

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).

What is Polaris' stock symbol?

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

Who are Polaris' major shareholders?

Polaris' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include State Street Corp (7.43%), Van ECK Associates Corp (2.98%), Confluence Investment Management LLC (1.84%), Massachusetts Financial Services Co. MA (1.49%), Macquarie Group Ltd. (0.83%) and River Road Asset Management LLC (0.78%). 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.
View institutional ownership trends
.

How do I buy shares of Polaris?

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.
Compare Top Brokerages Here.

What is Polaris' stock price today?

One share of PII stock can currently be purchased for approximately $120.41.

How much money does Polaris make?

Polaris (NYSE:PII) has a market capitalization of $7.17 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.

How many employees does Polaris have?

The company employs 16,000 workers across the globe.

Does Polaris have any subsidiaries?
The following companies are subsidiares of Polaris: A.M. Holding S.A.S., AIXAM Mega GmbH, Aixam Immobilier S.A.S., Aixam Lusitana Sociedad De Comercializacae de Automoveis S.A., Aixam Mega, Aixam Mega Engineering S.A.S., Aixam Mega Italia S.R.L., Aixam Mega Nederland BV, Aixam Mega S.A.S., Aixam Production S.A.S., Aixam Sweden AB, Aixam-Mega Iberica S.L., BAIC TAP Off-Road Vehicle Technology Company Limited, Boat Holdings, Carmax SAS, Carmetal SAS, Compagnie Industrielle du Vencors SAS, Eicher Polaris Private Ltd., FAM SAS, Goupil Industrie S.A., HH Investment Limited, Highwater Marine LLC, Indian Motorcycle, Indian Motorcycle Company, Indian Motorcycle International LLC, Indian Motorcycle USA LLC, KLIM Europe Sarl, Larson Boats LLC, Larson Escape, LarsonFX, Mega Production S.A., North 54 Insurance Company, North Pole Star LLC, Northstar Precision (Vietnam) Company Limited, Polaris APLA Holdco Pte. Ltd., Polaris Acceptance (50%), Polaris Acceptance Inc., Polaris Boats LLC, Polaris Britain Limited, Polaris Canada Holdco LP, Polaris EMEA Support Center Sp. z.o.o., Polaris Events LLC, Polaris Experience LLC, Polaris Finance Co Sarl, Polaris Finland Oy, Polaris France Holdco SNC, Polaris France S.A.S., Polaris Germany GmbH, Polaris India Private Ltd., Polaris Industries Holdco LP, Polaris Industries Inc., Polaris Industries LLC, Polaris Industries Ltd., Polaris Japan Inc., Polaris Limited China, Polaris Luxembourg I Sarl, Polaris Luxembourg II Sarl, Polaris Norway AS, Polaris Poland Sp. z o.o, Polaris Sales Australia Pty Ltd., Polaris Sales Europe Inc., Polaris Sales Europe Sarl, Polaris Sales Inc., Polaris Sales Mexico S. de R.L. de C.V., Polaris Sales Spain S.L., Polaris Scandinavia AB, Polaris Warranty Group LLC, Polaris of Brazil Import and Trade of Vehicles and Motorcycles LLC, Pontoon Boat LLC, Premier O.E.M. Inc., Primordial Inc., SCI GEB, Shanghai Yi Zing Power Technology Co. Ltd., Striper, TAP Automotive Holdings Canada Inc., TAP Automotive Holdings LLC, TAP Manufacturing LLC, TAP Off Road Investment Company Ltd., TAP Worldwide LLC, Teton Outfitters LLC, Transamerican (NINGBO) Automotive Technology Co. Ltd., Transamerican Auto Parts, Victory Motorcycles Australia Pty Ltd, WSI INDUSTRIES INC., WSI Industries, WSI Industries Co., WSI Rochester Inc., and swissauto powersport LLC.
Read More
When was Polaris founded?

Polaris was founded in 1954.

How can I contact Polaris?

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.

This page (NYSE:PII) was last updated on 8/16/2022 by MarketBeat.com Staff

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