Polaris - PII Stock Forecast, Price & News

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Polaris in the last year. There are currently 8 hold ratings, 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" PII shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PII, but not buy additional shares or sell existing shares.
View PII analyst ratings or view top-rated stocks.

10 Wall Street research analysts have issued 1-year price objectives for Polaris' stock. Their PII share price forecasts range from $90.00 to $123.00. On average, they anticipate the company's share price to reach $110.56 in the next twelve months. This suggests a possible upside of 3.1% from the stock's current price.
View analysts price targets for PII or view top-rated stocks among Wall Street analysts.

Polaris' stock was trading at $101.00 at the beginning of 2023. Since then, PII stock has increased by 6.1% and is now trading at $107.18.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 31st 2023.
View our PII earnings forecast.

Polaris will be holding an earnings conference call on Tuesday, January 31st at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

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

Polaris declared a quarterly dividend on Thursday, November 3rd. Shareholders 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 dividend on an annualized basis and a yield of 2.39%. The ex-dividend date of this dividend 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 2.39%. The company has been increasing its dividend for 27 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 26.02% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PII.

Polaris issued an update on its FY 2022 earnings guidance on Tuesday, November, 1st. The company provided 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 retail and institutional investors. Top institutional investors include Confluence Investment Management LLC (1.94%), Scout Investments Inc. (0.16%), Novare Capital Management LLC (0.14%), New York State Teachers Retirement System (0.13%), Goelzer Investment Management Inc. (0.12%) and Natixis Advisors L.P. (0.07%). 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 $107.18.

Polaris (NYSE:PII) has a market capitalization of $6.21 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.