Q1 Earnings Forecast for Polaris Issued By DA Davidson

Polaris Inc. (NYSE:PII) – Stock analysts at DA Davidson issued their Q1 2025 earnings estimates for Polaris in a report issued on Thursday, January 30th. DA Davidson analyst B. Rolle anticipates that the company will earn ($0.90) per share for the quarter. DA Davidson currently 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.

A number of other analysts have also issued reports on the stock. Citigroup lowered their target price on shares of Polaris from $57.00 to $53.00 and set a “neutral” rating for the company in a research note on Wednesday. Robert W. Baird dropped their price target on Polaris from $84.00 to $72.00 and set an “outperform” rating on the stock in a research report on Monday, December 30th. KeyCorp lowered Polaris from an “overweight” rating to a “sector weight” rating in a research note on Wednesday, January 8th. StockNews.com lowered shares of Polaris from a “hold” rating to a “sell” rating in a research note on Wednesday, January 8th. Finally, Royal Bank of Canada cut their target price on shares of Polaris from $65.00 to $54.00 and set a “sector perform” rating on the stock in a research report on Wednesday. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and two have issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $67.82.

Polaris Trading Up 0.3 %

Shares of PII stock opened at $48.95 on Friday. The stock has a market capitalization of $2.73 billion, a price-to-earnings ratio of 24.97, a price-to-earnings-growth ratio of 14.41 and a beta of 1.53. The stock’s 50-day moving average price is $59.44 and its 200-day moving average price is $72.14. Polaris has a 12-month low of $48.44 and a 12-month high of $100.91. The company has a current ratio of 1.15, a quick ratio of 0.32 and a debt-to-equity ratio of 1.27.

Polaris (NYSE:PII) last issued its quarterly earnings results on Tuesday, January 28th. The company reported $0.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.03. Polaris had a return on equity of 13.78% and a net margin of 1.54%.

Institutional Investors Weigh In On Polaris

Several institutional investors and hedge funds have recently made changes to their positions in PII. Sei Investments Co. raised its position in Polaris by 31.0% during the 2nd quarter. Sei Investments Co. now owns 3,601 shares of the company’s stock worth $282,000 after buying an additional 853 shares during the last quarter. Algert Global LLC purchased a new stake in Polaris in the second quarter valued at $423,000. Creative Planning grew its position in Polaris by 8.0% during the 2nd quarter. Creative Planning now owns 61,613 shares of the company’s stock worth $4,825,000 after purchasing an additional 4,561 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in shares of Polaris by 34.1% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 7,164 shares of the company’s stock valued at $561,000 after buying an additional 1,822 shares during the last quarter. Finally, Sanctuary Advisors LLC purchased a new stake in shares of Polaris in the second quarter worth about $579,000. 88.06% of the stock is currently owned by institutional investors and hedge funds.

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 paid a $0.67 dividend. This is a boost from Polaris’s previous quarterly dividend of $0.66. This represents a $2.68 dividend on an annualized basis and a yield of 5.48%. Polaris’s dividend payout ratio (DPR) is 134.69%.

About Polaris

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.