Polaris (NYSE:PII) Issues Q1 2026 Earnings Guidance

Polaris (NYSE:PII) updated its first quarter 2026 earnings guidance on Tuesday. The company provided EPS guidance of 0.450-0.450 for the period, compared to the consensus EPS estimate of -0.470. The company issued revenue guidance of $1.7 billion-, compared to the consensus revenue estimate of $1.6 billion. Polaris also updated its FY 2026 guidance to 1.500-1.600 EPS.

Polaris Price Performance

NYSE PII traded down $2.86 on Tuesday, hitting $66.25. The company had a trading volume of 2,569,206 shares, compared to its average volume of 741,535. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.02 and a quick ratio of 0.36. The company’s fifty day moving average price is $67.53 and its 200-day moving average price is $61.90. The company has a market capitalization of $3.73 billion, a PE ratio of -25.00, a PEG ratio of 2.26 and a beta of 1.14. Polaris has a 12-month low of $30.92 and a 12-month high of $75.25.

Polaris (NYSE:PII) last released its earnings results on Tuesday, January 27th. The company reported $0.08 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.01. Polaris had a negative net margin of 2.17% and a positive return on equity of 3.89%. During the same quarter in the previous year, the company earned $0.92 earnings per share. The firm’s quarterly revenue was up 9.5% compared to the same quarter last year. Polaris has set its FY 2026 guidance at 1.500-1.600 EPS and its Q1 2026 guidance at 0.450-0.450 EPS. As a group, analysts predict that Polaris will post 1.11 earnings per share for the current year.

Polaris Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 1st were paid a $0.67 dividend. The ex-dividend date of this dividend was Monday, December 1st. This represents a $2.68 dividend on an annualized basis and a dividend yield of 4.0%. Polaris’s payout ratio is currently -101.13%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. Seaport Research Partners upgraded Polaris to a “strong-buy” rating in a report on Thursday, January 8th. Citigroup boosted their price target on shares of Polaris from $60.00 to $71.00 and gave the stock a “neutral” rating in a research report on Thursday, October 30th. BMO Capital Markets reiterated a “market perform” rating and issued a $70.00 price objective on shares of Polaris in a report on Wednesday, October 29th. Robert W. Baird raised their target price on shares of Polaris from $55.00 to $60.00 and gave the stock a “neutral” rating in a research note on Monday, October 6th. Finally, Weiss Ratings upgraded Polaris from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, January 16th. One research analyst has rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $59.82.

Insider Buying and Selling

In other Polaris news, SVP James P. Williams sold 4,554 shares of the stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $67.53, for a total value of $307,531.62. Following the sale, the senior vice president directly owned 43,878 shares of the company’s stock, valued at approximately $2,963,081.34. This represents a 9.40% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. 3.12% of the stock is owned by company insiders.

More Polaris News

Here are the key news stories impacting Polaris this week:

• Positive Sentiment: Q1 2026 guidance materially beat consensus: Polaris gave Q1 EPS guidance of $0.45 (vs. a consensus estimate near -$0.47), signalling a stronger near‑term profit outlook than street models expected.
• Positive Sentiment: Q4 results edged out estimates — reported EPS of $0.08 beat consensus (~$0.06–$0.07) and management published an earnings release and slide deck. Polaris Inc (PII) Reports Q4 Earnings: What Key Metrics Have to Say
• Neutral Sentiment: Top-line momentum: Q4 revenue rose ~9.5% year-over-year, a positive operational signal but already reflected in company materials. Polaris Inc. Fourth Quarter and Full Year 2025 Financial Results Available on Company’s Website
• Negative Sentiment: FY 2026 EPS guidance disappointed: management set full‑year EPS at $1.50–$1.60 vs. a consensus around $1.78, leaving investors concerned about downward profit trajectory for the year. Polaris Inc. Fourth Quarter and Full Year 2025 Financial Results Available on Company’s Website
• Negative Sentiment: Profitability metrics remain a concern: Polaris reported a negative net margin (~-2.2%) despite a small ROE, and the stock is seeing higher-than-normal trading volume during the pullback — signs that the market is focusing on margin recovery and FY outlook risks.

Institutional Trading of Polaris

A number of large investors have recently made changes to their positions in the company. Goldman Sachs Group Inc. grew its holdings in shares of Polaris by 677.2% during the first quarter. Goldman Sachs Group Inc. now owns 544,295 shares of the company’s stock worth $22,283,000 after buying an additional 474,259 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Polaris by 27.5% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 183,289 shares of the company’s stock valued at $7,504,000 after purchasing an additional 39,584 shares during the last quarter. Cetera Investment Advisers grew its stake in shares of Polaris by 65.4% in the 2nd quarter. Cetera Investment Advisers now owns 16,376 shares of the company’s stock valued at $666,000 after purchasing an additional 6,475 shares during the last quarter. Prudential Financial Inc. increased its holdings in shares of Polaris by 17.8% in the second quarter. Prudential Financial Inc. now owns 8,347 shares of the company’s stock valued at $339,000 after purchasing an additional 1,259 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its stake in shares of Polaris by 43.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,449 shares of the company’s stock worth $140,000 after purchasing an additional 1,037 shares during the last quarter. 88.06% of the stock is owned by institutional investors and hedge funds.

About Polaris

Polaris Inc, founded in 1954 and headquartered in Medina, Minnesota, is a diversified manufacturer of powersports vehicles and related products. Initially gaining prominence with its snowmobiles, Polaris expanded its portfolio over the decades to include all-terrain vehicles (ATVs), side-by-side off-road vehicles, and motorcycles. The company’s legacy in recreational and utility vehicle innovation stems from early engineering breakthroughs that established Polaris as a leading name in off-road mobility.

Today, Polaris offers a broad range of products under well-known brands such as Polaris RANGER and POLARIS SPORTSMAN for utility and recreation markets, Slingshot three-wheel roadsters for on-road enthusiasts, and the Indian Motorcycle brand for premium two-wheeled touring and cruiser segments.