Q1 Earnings Forecast for Polaris Issued By DA Davidson

Polaris Inc. (NYSE:PIIFree Report) – Research analysts at DA Davidson issued their Q1 2025 earnings estimates for Polaris in a note issued to investors on Thursday, January 30th. DA Davidson analyst B. Rolle forecasts that the company will post earnings of ($0.90) per share for the quarter. DA Davidson has a “Buy” rating and a $60.00 price objective on the stock. The consensus estimate for Polaris’ current full-year earnings is $1.14 per share.

Polaris (NYSE:PIIGet Free Report) last posted its earnings results on Tuesday, January 28th. The company reported $0.92 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.03. Polaris had a net margin of 1.54% and a return on equity of 13.78%.

Several other research analysts have also issued reports on the company. Robert W. Baird reduced their target price on Polaris from $84.00 to $72.00 and set an “outperform” rating on the stock in a research report on Monday, December 30th. BMO Capital Markets decreased their price objective on shares of Polaris from $60.00 to $50.00 and set a “market perform” rating for the company in a research report on Wednesday. StockNews.com cut shares of Polaris from a “hold” rating to a “sell” rating in a research note on Wednesday, January 8th. Royal Bank of Canada cut their price target on shares of Polaris from $65.00 to $54.00 and set a “sector perform” rating on the stock in a research note on Wednesday. Finally, Truist Financial lowered their price objective on shares of Polaris from $60.00 to $55.00 and set a “hold” rating for the company in a research note on Wednesday. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, Polaris has an average rating of “Hold” and a consensus target price of $67.82.

Get Our Latest Report on Polaris

Polaris Stock Performance

Shares of PII opened at $47.68 on Friday. The company has a current ratio of 1.15, a quick ratio of 0.32 and a debt-to-equity ratio of 1.27. The firm has a market cap of $2.66 billion, a PE ratio of 24.33, a P/E/G ratio of 14.41 and a beta of 1.53. Polaris has a 12 month low of $47.53 and a 12 month high of $100.91. The stock has a fifty day moving average price of $59.03 and a 200-day moving average price of $71.81.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of PII. Kiltearn Partners LLP grew its stake in shares of Polaris by 147.9% during the 3rd quarter. Kiltearn Partners LLP now owns 154,700 shares of the company’s stock worth $12,877,000 after purchasing an additional 92,300 shares during the period. FMR LLC boosted its holdings in Polaris by 22.0% during the third quarter. FMR LLC now owns 133,665 shares of the company’s stock worth $11,126,000 after buying an additional 24,103 shares in the last quarter. Quantinno Capital Management LP grew its position in Polaris by 545.1% during the third quarter. Quantinno Capital Management LP now owns 26,803 shares of the company’s stock valued at $2,231,000 after buying an additional 22,648 shares during the period. Victory Capital Management Inc. increased its holdings in Polaris by 167.1% in the third quarter. Victory Capital Management Inc. now owns 43,762 shares of the company’s stock valued at $3,643,000 after buying an additional 27,375 shares in the last quarter. Finally, Benjamin Edwards Inc. raised its position in shares of Polaris by 8,867.5% in the third quarter. Benjamin Edwards Inc. now owns 63,938 shares of the company’s stock worth $5,322,000 after acquiring an additional 63,225 shares during the period. 88.06% of the stock is currently owned by hedge funds and other institutional investors.

Polaris Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 3rd will be issued a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 5.62%. This is a positive change from Polaris’s previous quarterly dividend of $0.66. The ex-dividend date is Monday, March 3rd. Polaris’s dividend payout ratio is presently 134.69%.

About Polaris

(Get Free Report)

Polaris Inc designs, engineers, manufactures, and markets powersports vehicles in the United States, Canada, and internationally. It operates through three segments: Off-Road, On-Road, and Marine. The company offers off-road vehicles (ORVs), including all-terrain vehicles and side-by-side vehicles; military and commercial ORVs; snowmobiles; motorcycles; and moto-roadsters, quadricycles, and boats.

Featured Articles

Earnings History and Estimates for Polaris (NYSE:PII)

Receive News & Ratings for Polaris Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Polaris and related companies with MarketBeat.com's FREE daily email newsletter.