Polaris - PII Stock Forecast, Price & News

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.

11 Wall Street research analysts have issued 12 month price targets for Polaris' shares. Their PII share price forecasts range from $99.00 to $148.00. On average, they expect the company's stock price to reach $126.09 in the next year. This suggests a possible upside of 28.2% 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 $109.91 on January 1st, 2022. Since then, PII shares have decreased by 10.5% and is now trading at $98.33.
View the best growth stocks for 2022 here.

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

Polaris will be holding an earnings conference call on Tuesday, October 25th at 10:00 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, July, 26th. The company reported $2.42 earnings per share for the quarter, beating the consensus estimate of $2.09 by $0.33. The company 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 company's revenue for the quarter was down 2.6% compared to the same quarter last year. During the same period in the previous year, the company earned $2.70 EPS.

Polaris declared a quarterly dividend on Thursday, July 28th. Stockholders 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 dividend on an annualized basis and a yield of 2.60%. The ex-dividend date is Wednesday, August 31st.
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 2.48%. 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 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 23.97% 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 Thursday, August, 4th. The company provided earnings per share 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.

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 a variety of retail and institutional investors. Top institutional shareholders include Confluence Investment Management LLC (1.85%). 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.

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.

One share of PII stock can currently be purchased for approximately $98.33.

Polaris (NYSE:PII) has a market capitalization of $5.86 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.

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.