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S&P 500   4,228.48
DOW   33,706.74
QQQ   322.86
Apple’s Stock Could Be On The Verge Of Another 30% Rally
Renowned Economist issues startling prediction | America's Future   (Ad)pixel
2 Russian villages evacuated after fire at munitions depot
Near-Term Headwinds Present An Opportunity In Ross Stores
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
Global markets lower after Wall Street gains on jobs data
Stocks fall broadly, S&P 500 set to break winning streak
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
Closing prices for crude oil, gold and other commodities
Yangtze shrinks as China's drought disrupts industry
S&P 500   4,228.48
DOW   33,706.74
QQQ   322.86
Apple’s Stock Could Be On The Verge Of Another 30% Rally
Renowned Economist issues startling prediction | America's Future   (Ad)pixel
2 Russian villages evacuated after fire at munitions depot
Near-Term Headwinds Present An Opportunity In Ross Stores
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
Global markets lower after Wall Street gains on jobs data
Stocks fall broadly, S&P 500 set to break winning streak
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
Closing prices for crude oil, gold and other commodities
Yangtze shrinks as China's drought disrupts industry
S&P 500   4,228.48
DOW   33,706.74
QQQ   322.86
Apple’s Stock Could Be On The Verge Of Another 30% Rally
Renowned Economist issues startling prediction | America's Future   (Ad)pixel
2 Russian villages evacuated after fire at munitions depot
Near-Term Headwinds Present An Opportunity In Ross Stores
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
Global markets lower after Wall Street gains on jobs data
Stocks fall broadly, S&P 500 set to break winning streak
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
Closing prices for crude oil, gold and other commodities
Yangtze shrinks as China's drought disrupts industry
NYSE:PII

Polaris - PII Stock Forecast, Price & News

$121.54
-0.91 (-0.74%)
(As of 08/19/2022 12:00 AM ET)
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Compare
Today's Range
$120.18
$122.25
50-Day Range
$96.82
$122.49
52-Week Range
$94.24
$132.50
Volume
309,472 shs
Average Volume
716,097 shs
Market Capitalization
$7.24 billion
P/E Ratio
28.27
Dividend Yield
2.09%
Price Target
$128.36

Polaris MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.73 Rating Score
Upside/​Downside
5.6% 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
0.07mentions of Polaris in the last 14 days
Based on 4 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.

1.75 out of 5 stars

Auto/Tires/Trucks Sector

90th out of 107 stocks

Miscellaneous Transportation Equipment Industry

6th 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 Trading Up 1.5 %

PII opened at $122.45 on Friday. The stock has a market capitalization of $7.29 billion, a price-to-earnings ratio of 28.48 and a beta of 1.57. The company has a quick ratio of 0.41, a current ratio of 1.22 and a debt-to-equity ratio of 1.36. Polaris has a twelve month low of $94.24 and a twelve month high of $132.50. The company has a 50-day simple moving average of $109.79 and a 200 day simple moving average of $109.33.

Polaris (NYSE:PII - Get Rating) last posted its earnings results on Tuesday, July 26th. The company reported $2.42 EPS for the quarter, topping analysts' consensus estimates of $2.06 by $0.36. The firm had revenue of $2.06 billion during the quarter, compared to analysts' expectations of $2.17 billion. Polaris had a net margin of 3.27% and a return on equity of 41.72%. The business's revenue for the quarter was down 2.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.70 earnings per share. Analysts predict 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. Stockholders of record on Thursday, September 1st will be issued 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 dividend yield of 2.09%. Polaris's dividend payout ratio (DPR) is currently 59.53%.

Analyst Ratings Changes

Several equities analysts have commented on PII shares. Raymond James decreased their price objective 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 report on Wednesday, May 4th. They issued a "neutral" rating and a $99.00 target price for the company. Robert W. Baird reduced their target price on shares of Polaris from $135.00 to $130.00 in a research report on Wednesday, July 27th. Jefferies Financial Group began coverage on shares of Polaris in a research report on Tuesday, June 28th. They issued a "hold" rating and a $105.00 target price for the company. Finally, BMO Capital Markets reduced their target price on shares of Polaris from $165.00 to $138.00 in a research report on Wednesday, April 27th. Five investment 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. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $128.36.

Insider Transactions at Polaris

In other news, insider Stephen L. Eastman sold 12,000 shares of the stock in a transaction dated Thursday, August 11th. The shares were sold at an average price of $120.14, for a total value of $1,441,680.00. Following the completion of the transaction, the insider now owns 20,583 shares of the company's stock, valued at $2,472,841.62. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, CEO Michael T. Speetzen sold 24,500 shares of the company's stock in a transaction that occurred on 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 transaction, the chief executive officer now owns 61,202 shares of the company's stock, valued at $7,295,890.42. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Stephen L. Eastman sold 12,000 shares of the company's stock in a transaction that occurred on Thursday, August 11th. The shares were sold at an average price of $120.14, for a total value of $1,441,680.00. Following the completion of the transaction, the insider now directly owns 20,583 shares of the company's stock, valued at approximately $2,472,841.62. The disclosure for this sale can be found here. Company 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
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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
8/19/2022
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
+5.6%
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
$13.44 per share
Book Value
$18.03 per share

Miscellaneous

Free Float
58,246,000
Market Cap
$7.24 billion
Optionable
Optionable
Beta
1.57

Social Links


Key Executives

  • Mr. Michael T. SpeetzenMr. Michael T. Speetzen (Age 52)
    CEO & Director
    Comp: $2.59M
  • Mr. Robert Paul MackMr. Robert Paul Mack (Age 52)
    CFO, Exec. VP of Fin. & Corp. Devel.
    Comp: $1.42M
  • Mr. Kenneth J. Pucel (Age 55)
    Exec. VP of Global Operations, Engineering & Lean
    Comp: $1.68M
  • Ms. Lucy Clark Dougherty (Age 52)
    Sr. VP, Gen. Counsel & Company Sec.
    Comp: $1.11M
  • Mr. Steven D. MennetoMr. Steven D. Menneto (Age 56)
    Pres of Off-Road Vehicles
    Comp: $1.36M
  • Mr. Victor M. Koelsch (Age 58)
    Sr. VP and Chief Digital & Information Officer
  • J.C. Weigelt
    VP of Investor Relations
  • Mr. James P. WilliamsMr. James P. Williams (Age 59)
    Sr. VP & Chief HR Officer
  • Mr. Truls Tvete
    Managing Director of Polaris Sales International
  • Mr. Peter James Alexander BBus
    MBA, MD and VP of Australia & New Zealand













PII Stock - Frequently Asked Questions

Should I buy or sell Polaris stock right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Polaris in the last year. 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.
View PII analyst ratings
or view top-rated stocks.

What is Polaris' stock price forecast for 2022?

11 Wall Street research analysts have issued twelve-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 $128.36 in the next year. This suggests a possible upside of 5.6% 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 start of the year. Since then, PII shares have increased by 10.6% and is now trading at $121.54.
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) posted its earnings results on Tuesday, July, 26th. The company reported $2.42 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.06 by $0.36. The firm had revenue of $2.06 billion for 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 business's quarterly revenue was down 2.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.70 earnings per share.

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 given a dividend of $0.64 per share on Thursday, September 15th. This represents a $2.56 annualized dividend and a dividend yield of 2.11%. The ex-dividend date 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 2.09%. 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 earnings per share (EPS) guidance of $10.10-$10.30 for the period, compared to the consensus EPS 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 retail and institutional investors. Top institutional investors 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 $121.54.

How much money does Polaris make?

Polaris (NYSE:PII) has a market capitalization of $7.24 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 8/20/2022 by MarketBeat.com Staff

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