Polaris - PII Stock Forecast, Price & News

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Polaris in the last twelve months. There are currently 6 hold ratings, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PII shares.
View PII analyst ratings or view top-rated stocks.

10 Wall Street analysts have issued 1 year target prices for Polaris' stock. Their PII share price forecasts range from $90.00 to $140.00. On average, they predict the company's stock price to reach $114.90 in the next year. This suggests that the stock has a possible downside of 1.4%.
View analysts price targets for PII or view top-rated stocks among Wall Street analysts.

Polaris' stock was trading at $109.91 at the beginning of the year. Since then, PII stock has increased by 6.1% and is now trading at $116.56.
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Polaris saw a increase in short interest in October. As of October 31st, there was short interest totaling 5,590,000 shares, an increase of 47.1% from the October 15th total of 3,800,000 shares. Based on an average trading volume of 560,500 shares, the short-interest ratio is currently 10.0 days. Currently, 10.2% of the shares of the stock are short sold.
View Polaris' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 24th 2023.
View our PII earnings forecast.

Polaris Inc. (NYSE:PII) posted its quarterly earnings results on Tuesday, October, 26th. The company reported $1.98 EPS for the quarter, topping the consensus estimate of $1.96 by $0.02. The company had revenue of $1.96 billion for the quarter, compared to analysts' expectations of $2.13 billion. Polaris had a net margin of 3.97% and a trailing twelve-month return on equity of 50.01%. The company's revenue was up .3% on a year-over-year basis. During the same quarter last year, the business earned $2.85 EPS.

Polaris declared a quarterly dividend on Thursday, November 3rd. Investors of record on Thursday, December 1st will be paid a dividend of $0.64 per share on Thursday, December 15th. This represents a $2.56 annualized dividend and a dividend yield of 2.20%. The ex-dividend date is Wednesday, November 30th.
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 2.25%. 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 46.04%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PII will have a dividend payout ratio of 24.54% 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 Tuesday, November, 1st. The company provided earnings per share (EPS) guidance of $10.10-$10.30 for the period, compared to the consensus earnings per share estimate of $10.02. The company issued revenue guidance of $9.43 billion-$9.51 billion, compared to the consensus revenue estimate of $8.47 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 shareholders include Vanguard Group Inc. (10.15%), BlackRock Inc. (8.20%), State Street Corp (7.02%), Boston Partners (4.57%), The Manufacturers Life Insurance Company (3.84%) and Beutel Goodman & Co Ltd. (3.68%). 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 $116.56.

Polaris (NYSE:PII) has a market capitalization of $6.76 billion and generates $8.20 billion in revenue each year. The company earns $493.90 million in net income (profit) each year or $5.56 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.