Polaris Industries Inc. designs, engineers and manufactures powersports vehicles, which include Off-Road Vehicles (ORV), including All-Terrain Vehicles (ATV) and side-by-side vehicles for recreational and utility use; Snowmobiles, Motorcycles and Global Adjacent Markets vehicles, including Work and Transportation and military vehicles. The Company's segments include ORV/Snowmobiles, Motorcycles, Global Adjacent Markets, and Other. Its ORVs includes the RZR sport side-by-side, the RANGER utility side-by-side, the GENERAL crossover side-by-side, the Sportsman ATV and the Polaris ACE. It produces a range of snowmobiles consisting of approximately 40 models. It offers a range of motorcycles under Indian motorcycles and Slingshot brands. The Global Adjacent Markets vehicles include low emission vehicles, light duty hauling, passenger vehicles and industrial vehicles. The Other segment includes business of TAP Automotive Holdings, LLC, a manufacturer of off-road Jeep and truck accessories.
Industry, Sector and Symbol:
- Sector: Consumer Discretionary
- Industry: Recreational Products - NEC
- Sub-Industry: Leisure Products
- Symbol: NYSE:PII
- CUSIP: 73106810
- Web: www.polaris.com
- Market Cap: $5.58837 billion
- Outstanding Shares: 62,558,000
- 50 Day Moving Avg: $90.54
- 200 Day Moving Avg: $86.96
- 52 Week Range: $70.14 - $99.16
Sales & Book Value:
- Trailing P/E Ratio: 37.36
- Foreward P/E Ratio: 17.16
- P/E Growth: 1.13
- Annual Revenue: $5 billion
- Price / Sales: 1.11
- Book Value: $13.65 per share
- Price / Book: 6.51
- Annual Dividend: $2.32
- Dividend Yield: 2.6%
- EBIDTA: $526.01 million
- Net Margins: 3.13%
- Return on Equity: 26.47%
- Return on Assets: 7.80%
- Debt-to-Equity Ratio: 1.25%
- Current Ratio: 1.16%
- Quick Ratio: 0.38%
- Average Volume: 652,606 shs.
- Beta: 1.31
- Short Ratio: 26.84
Frequently Asked Questions for Polaris Industries (NYSE:PII)
What is Polaris Industries' stock symbol?
Polaris Industries trades on the New York Stock Exchange (NYSE) under the ticker symbol "PII."
How often does Polaris Industries pay dividends? What is the dividend yield for Polaris Industries?
Polaris Industries declared a quarterly dividend on Wednesday, July 26th. Investors of record on Friday, September 1st will be paid a dividend of $0.58 per share on Friday, September 15th. This represents a $2.32 annualized dividend and a yield of 2.61%. The ex-dividend date is Wednesday, August 30th. View Polaris Industries' Dividend History.
How were Polaris Industries' earnings last quarter?
Polaris Industries Inc. (NYSE:PII) posted its quarterly earnings data on Thursday, July, 20th. The company reported $1.16 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.08 by $0.08. The firm earned $1.36 billion during the quarter, compared to analyst estimates of $1.26 billion. Polaris Industries had a net margin of 3.13% and a return on equity of 26.47%. The business's revenue for the quarter was up 20.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.09 earnings per share. View Polaris Industries' Earnings History.
When will Polaris Industries make its next earnings announcement?
What guidance has Polaris Industries issued on next quarter's earnings?
Polaris Industries issued an update on its FY17 earnings guidance on Thursday, July, 20th. The company provided EPS guidance of $4.35-4.50 for the period, compared to the Thomson Reuters consensus estimate of $4.42. The company issued revenue guidance of $5.06-5.15 billion, compared to the consensus revenue estimate of $5.09 billion.
Where is Polaris Industries' stock going? Where will Polaris Industries' stock price be in 2017?
17 brokerages have issued 1-year target prices for Polaris Industries' shares. Their forecasts range from $60.00 to $107.00. On average, they anticipate Polaris Industries' share price to reach $86.46 in the next twelve months. View Analyst Ratings for Polaris Industries.
What are analysts saying about Polaris Industries stock?
Here are some recent quotes from research analysts about Polaris Industries stock:
- 1. According to Zacks Investment Research, "Polaris Industries Inc. designs, engineers and manufactures snowmobiles, all terrain vehicles, motorcycles and personal watercraft and markets them, together with related replacement parts, garments and accessories through dealers and distributors. The company's line of all terrain vehicles consist of fourteen models includes general purpose, sport and four-wheel drive utility models. The company produces a full line of snowmobiles, consisting of thirty-three models, ranging from utility and economy models to performance and competition models. " (7/29/2017)
- 2. Jefferies Group LLC analysts commented, "We're updating est. following 4Q results. We now model adj. figures (GM, OM, EBITDA, EPS), reflecting recall/warranty lapping in '17, TAP inventory/M&A costs, and Victory wind down. We also include '16 segment restatement for new Aftermarket business. We're lowering our 2017-2018 revenue est. by ~1.7% on lower organic growth outlook, and EPS by -8% and -18%, respectively, on lower margin recovery (>10% L-T NI margin goal under mgmt review). Maintain Hold." (2/2/2017)
- 3. Stifel Nicolaus analysts commented, "Polaris is scheduled to report 4Q results on January 24th. Our estimates include EPS of $0.96 (vs. $1.66) on revenue of $1.175 billion (+6%) ~ the y/y decline assumes modest slippage for ORVs, additional recall-related costs, and dilution from the TAP acquisition. '17 guidance is likely to accompany this release, and our guess is a range of $4.75-$5.00, as recall-related items are lapped (worth $1.20 per management). We've adjusted our estimates (lower) to reflect slightly more conservative assumptions on ORVs and Motorcycles, among other factors. And at 17.7x and 15.1x our 2017-'18 EPS estimates, respectively, we see PII as fairly valued and rate the shares Hold." (1/20/2017)
- 4. Wedbush analysts commented, "While we are again cutting our estimates, our price target is up marginally (from $71 to $75) to represent more bullish stock market sentiment in the wake of the election. However, our target still represents ~13% downside from here, as we believe investors have gotten well ahead of themselves in assuming a recovery in market share, ASP, and margins following an exceedingly bad 2016 from a product quality perspective, the ramifications of which remain unclear." (1/20/2017)
Who are some of Polaris Industries' key competitors?
Some companies that are related to Polaris Industries include Scripps Networks Interactive (SNI), Melco Crown Entertainment Limited (MLCO), Shaw Communications (SJR), Wyndham Worldwide Corp (WYN), Intercontinental Hotels Group (IHG), Take-Two Interactive Software (TTWO), PVH Corp. (PVH), ITV PLC. (ITVPY), Discovery Communications (DISCB), Vail Resorts (MTN), Hanesbrands (HBI), Snap-On Incorporated (SNA), Discovery Communications (DISCA), Live Nation Entertainment (LYV), lululemon athletica inc. (LULU), Discovery Communications (DISCK), News Corporation (NWS) and Toro Company (The) (TTC).
Who are Polaris Industries' key executives?
Polaris Industries' management team includes the folowing people:
- Scott W. Wine, Chairman of the Board, Chief Executive Officer
- Michael T. Speetzen, Chief Financial Officer, Executive Vice President - Finance
- Michael D. Dougherty, President - International
- Stephen L. Eastman, President - Parts, Garments and Accessories
- Matthew J. Homan, President - Off-Road Vehicles
- James P. Williams, Chief Human Resource Officer, Senior Vice President
- Kenneth J. Pucel, Executive Vice President - Global Operations, Engineering and Lean
- Stacy L. Bogart, Senior Vice President, Chief Compliance Officer, General Counsel, Secretary
- Robert P. Mack, Senior Vice President - Corporate Development and Strategy and President - Adjacent Markets
- John Paul Wiehoff, Lead Independent Director
Who owns Polaris Industries stock?
Polaris Industries' stock is owned by a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.00%), BlackRock Inc. (8.52%), The Manufacturers Life Insurance Company (8.40%), State Street Corp (7.00%), Wells Fargo & Company MN (5.60%) and Janus Henderson Group PLC (3.85%). Company insiders that own Polaris Industries stock include David C Longren, Gwenne A Henricks, Kevin M Farr, Lawrence D Kingsley, Matthew J Homan, Michael T Speetzen and Todd M Balan. View Institutional Ownership Trends for Polaris Industries.
Who sold Polaris Industries stock? Who is selling Polaris Industries stock?
Polaris Industries' stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments, Schroder Investment Management Group, Eaton Vance Management, Retirement Systems of Alabama, Kayne Anderson Rudnick Investment Management LLC, HM Payson & Co., Fisher Asset Management LLC and Dividend Assets Capital LLC. Company insiders that have sold Polaris Industries stock in the last year include Matthew J Homan and Michael T Speetzen. View Insider Buying and Selling for Polaris Industries.
Who bought Polaris Industries stock? Who is buying Polaris Industries stock?
Polaris Industries' stock was purchased by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, The Manufacturers Life Insurance Company , Confluence Investment Management LLC, Vanguard Group Inc., State Street Corp, Dimensional Fund Advisors LP, JLB & Associates Inc. and Northwestern Mutual Investment Management Company LLC. Company insiders that have bought Polaris Industries stock in the last two years include Gwenne A Henricks, Kevin M Farr and Lawrence D Kingsley. View Insider Buying and Selling for Polaris Industries.
How do I buy Polaris Industries stock?
Shares of Polaris Industries can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Polaris Industries' stock price today?
MarketBeat Community Rating for Polaris Industries (NYSE PII)MarketBeat's community ratings are surveys of what our community members think about Polaris Industries and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Polaris Industries stock can currently be purchased for approximately $88.88.
Consensus Ratings for Polaris Industries (NYSE:PII) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||2 Sell Ratings, 11 Hold Ratings, 4 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.12)|
|Consensus Price Target: ||$86.46 (2.72% downside)|
Analysts' Ratings History for Polaris Industries (NYSE:PII)
(Data available from 8/18/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|7/24/2017||Stifel Nicolaus||Reiterated Rating||Hold||$86.00 -> $87.00||Low|
|7/21/2017||Lake Street Capital||Boost Price Target||Buy -> Buy||$102.00 -> $106.00||Low|
|7/21/2017||Royal Bank Of Canada||Downgrade||Sector Perform -> Underperform||$80.00||Medium|
|7/21/2017||Robert W. Baird||Downgrade||Outperform -> Neutral||$88.00 -> $96.00||Medium|
|7/21/2017||B. Riley||Reiterated Rating||Neutral||$91.00||High|
|7/17/2017||Longbow Research||Reiterated Rating||Underperform||$60.00||Medium|
|6/5/2017||BMO Capital Markets||Reiterated Rating||Buy||$100.00||High|
|3/27/2017||Northcoast Research||Reiterated Rating||Hold||Low|
|2/2/2017||Jefferies Group LLC||Reiterated Rating||Hold||$75.00||N/A|
|1/31/2017||Wunderlich||Downgrade||Buy -> Hold||N/A|
|12/21/2016||Cleveland Research||Initiated Coverage||Neutral||N/A|
|9/26/2016||Wells Fargo & Company||Reiterated Rating||Hold||N/A|
|9/15/2016||Stephens||Set Price Target||Hold||$75.00||N/A|
|9/12/2016||KeyCorp||Downgrade||Overweight -> Sector Weight||N/A|
|9/8/2016||Sanford C. Bernstein||Initiated Coverage||Market Perform||$87.00||N/A|
|8/29/2016||Citigroup Inc.||Boost Price Target||Buy||$100.00 -> $107.00||N/A|
|7/12/2016||Raymond James Financial, Inc.||Reiterated Rating||Strong-Buy -> Market Perform||N/A|
|5/16/2016||Sterne Agee CRT||Reiterated Rating||Neutral||N/A|
|1/27/2016||J P Morgan Chase & Co||Lower Price Target||$85.00 -> $75.00||N/A|
|12/17/2015||CL King||Downgrade||Buy -> Neutral||N/A|
Earnings History for Polaris Industries (NYSE:PII)Earnings History by Quarter for Polaris Industries (NYSE PII)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/20/2017||Q2 2017||$1.08||$1.16||$1.26 billion||$1.36 billion||View||N/A|
|4/25/2017||Q1 2017||$0.70||$0.75||$1.11 billion||$1.15 billion||View||N/A|
|1/24/2017||Q416||$1.17||$1.18||$1.08 billion||$1.22 billion||View||N/A|
|10/25/2016||Q316||$0.46||$0.50||$317.71 million||$1.19 billion||View||Listen|
|7/20/2016||Q216||$1.05||$1.09||$1.10 billion||$1.14 billion||View||Listen|
|4/21/2016||Q116||$0.71||$0.71||$962.44 million||$983.00 million||View||Listen|
|1/26/2016||Q415||$1.64||$1.66||$1.08 billion||$1.11 billion||View||Listen|
|10/21/2015||Q315||$2.28||$2.30||$1.43 billion||$1.46 billion||View||Listen|
|7/22/2015||Q215||$1.58||$1.49||$1.16 billion||$1.12 billion||View||Listen|
|4/23/2015||Q115||$1.27||$1.30||$1.01 billion||$1.03 billion||View||N/A|
|1/27/2015||Q414||$1.94||$1.98||$1.26 billion||$1.28 billion||View||N/A|
|10/22/2014||Q314||$2.02||$2.06||$1.28 billion||$1.30 billion||View||Listen|
|7/22/2014||Q214||$1.39||$1.42||$1,000.00 million||$1.01 billion||View||N/A|
|4/23/2014||Q114||$1.16||$1.19||$891.91 million||$888.30 million||View||Listen|
|1/28/2014||Q413||$1.55||$1.56||$1.06 billion||$1.08 billion||View||Listen|
|10/22/2013||Q313||$1.60||$1.64||$1.05 billion||$1.10 billion||View||Listen|
|7/23/2013||Q2 2013||$1.11||$1.13||$838.75 million||$844.80 million||View||Listen|
|4/23/2013||Q1 2013||$1.00||$1.07||$748.17 million||$745.90 million||View||Listen|
|1/29/2013||Q4 2012||$1.23||$1.24||$889.03 million||$900.60 million||View||Listen|
Earnings Estimates for Polaris Industries (NYSE:PII)
2017 EPS Consensus Estimate: $4.34
2018 EPS Consensus Estimate: $5.19
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Polaris Industries (NYSE:PII)
|Dividend Growth:||9.40% (3 Year Average)|
|Payout Ratio:||97.07% (Trailing 12 Months of Earnings) |
51.79% (Based on This Year's Estimates)
44.79% (Based on Next Year's Estimates)
|Track Record:||5 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Polaris Industries (NYSE PII)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Polaris Industries (NYSE:PII)
Insider Ownership Percentage: 2.20%Insider Trades by Quarter for Polaris Industries (NYSE:PII)
Institutional Ownership Percentage: 93.65%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|5/16/2017||Matthew J Homan||Insider||Sell||2,600||$86.96||$226,096.00|| |
|5/12/2017||Gwenne A Henricks||Director||Buy||1,200||$92.27||$110,724.00|| |
|4/27/2017||Michael T Speetzen||EVP||Sell||5,000||$84.07||$420,350.00|| |
|5/23/2016||Kevin M Farr||Director||Buy||2,100||$83.15||$174,615.00|| |
|5/2/2016||David C Longren||Insider||Sell||21,108||$99.00||$2,089,692.00|| |
|1/29/2016||Lawrence D Kingsley||Director||Buy||6,925||$72.00||$498,600.00|| |
|11/27/2015||David C. Longren||insider||Sell||2,500||$105.76||$264,400.00|| |
|10/23/2015||Todd M Balan||VP||Sell||8,429||$110.45||$930,983.05|| |
|6/1/2015||David C Longren||VP||Sell||84,000||$143.92||$12,089,280.00|| |
|2/20/2015||Matthew J Homan||Insider||Sell||1,674||$155.52||$260,340.48|| |
|2/17/2015||Michael W Malone||CFO||Sell||52,888||$155.49||$8,223,555.12|| |
|2/9/2015||Michael P Jonikas||VP||Sell||15,000||$149.09||$2,236,350.00|| |
|2/2/2015||Matthew J Homan||Insider||Sell||25,500||$142.07||$3,622,785.00|| |
|11/26/2014||David C Longren||VP||Sell||3,500||$156.47||$547,645.00|| |
|11/21/2014||Matthew J Homan||Insider||Sell||1,500||$156.26||$234,390.00|| |
|9/2/2014||Bennett J Morgan||COO||Sell||69,358||$146.61||$10,168,576.38|| |
|8/29/2014||Bennett J Morgan||COO||Sell||2,721||$146.04||$397,374.84|| |
|8/29/2014||Stacy L Bogart||VP||Sell||13,000||$145.04||$1,885,520.00|| |
|8/28/2014||Bennett J Morgan||COO||Sell||3,633||$146.34||$531,653.22|| |
|8/27/2014||Bennett J Morgan||COO||Sell||6,022||$146.57||$882,644.54|| |
|8/27/2014||Michael P Jonikas||VP||Sell||15,006||$147.00||$2,205,882.00|| |
|8/5/2014||David C Longren||VP||Sell||20,250||$148.41||$3,005,302.50|| |
|8/4/2014||Scott W Wine||CEO||Sell||80,000||$148.40||$11,872,000.00|| |
|5/19/2014||Stephen Eastman||VP||Sell||10,472||$128.74||$1,348,165.28|| |
|2/26/2014||Matthew Homan||VP||Sell||7,340||$131.16||$962,714.40|| |
|11/18/2013||Michael Dougherty||VP||Sell||10,000||$135.00||$1,350,000.00|| |
|9/3/2013||Suresh Krishna||VP||Sell||1,704||$109.95||$187,354.80|| |
|8/27/2013||Suresh Krishna||VP||Sell||7,984||$109.95||$877,840.80|| |
|8/20/2013||William Fisher||VP||Sell||6,000||$113.86||$683,160.00|| |
|8/16/2013||Bennett Morgan||COO||Sell||70,630||$112.43||$7,940,930.90|| |
|7/26/2013||Michael D Dougherty||VP||Sell||15,000||$108.96||$1,634,400.00|| |
|7/26/2013||Michael W Malone||CFO||Sell||75,000||$108.96||$8,172,000.00|| |
|7/9/2013||R Mark Schreck||Director||Sell||2,500||$98.00||$245,000.00|| |
|5/31/2013||R Mark Schreck||Director||Sell||2,500||$96.00||$240,000.00|| |
|5/21/2013||R Mark Schreck||Director||Sell||3,000||$94.00||$282,000.00|| |
|5/7/2013||William C Fisher||VP||Sell||10,000||$85.76||$857,600.00|| |
|2/25/2013||R Mark Schreck||Director||Sell||3,000||$87.50||$262,500.00|| |
|2/4/2013||Matthew J Homan||VP||Sell||43,000||$85.49||$3,676,070.00|| |
|11/13/2012||Scott W Wine||CEO||Sell||80,000||$81.45||$6,516,000.00|| |
|11/1/2012||Bennett J Morgan||COO||Sell||58,377||$84.57||$4,936,942.89|| |
|10/31/2012||Michael W Malone||CFO||Sell||25,000||$84.02||$2,100,500.00|| |
|10/31/2012||R Mark Schreck||Director||Sell||8,000||$84.00||$672,000.00|| |
|9/4/2012||Michael W Malone||CFO||Sell||47,000||$75.00||$3,525,000.00|| |
Headline Trends for Polaris Industries (NYSE:PII)
Latest Headlines for Polaris Industries (NYSE:PII)
Polaris Industries (PII) Chart for Friday, August, 18, 2017