Polaris (NYSE:PII) Releases FY 2026 Earnings Guidance

Polaris (NYSE:PII) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 1.500-1.600 for the period, compared to the consensus earnings per share estimate of 1.780. The company issued revenue guidance of $7.2 billion-$7.4 billion, compared to the consensus revenue estimate of $7.1 billion.

Polaris Stock Up 0.5%

PII stock opened at $69.47 on Tuesday. The business has a 50 day moving average of $67.46 and a 200 day moving average of $61.79. The firm has a market cap of $3.91 billion, a PE ratio of -26.21, a price-to-earnings-growth ratio of 2.26 and a beta of 1.14. Polaris has a twelve month low of $30.92 and a twelve month high of $75.25. The company has a quick ratio of 0.36, a current ratio of 1.02 and a debt-to-equity ratio of 1.13.

Polaris (NYSE:PII) last released its earnings results on Monday, October 27th. The company reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.37 by $0.04. Polaris had a positive return on equity of 3.89% and a negative net margin of 2.17%.The firm had revenue of $1.84 billion for the quarter, compared to analysts’ expectations of $1.68 billion. During the same period in the prior year, the firm posted $0.73 earnings per share. The company’s quarterly revenue was up 6.9% on a year-over-year basis. On average, research analysts forecast that Polaris will post 1.11 EPS for the current fiscal year.

Polaris Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 1st were paid a $0.67 dividend. The ex-dividend date was Monday, December 1st. This represents a $2.68 dividend on an annualized basis and a yield of 3.9%. Polaris’s payout ratio is presently -101.13%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on PII shares. Morgan Stanley increased their price objective on shares of Polaris from $72.00 to $81.00 and gave the company an “equal weight” rating in a research report on Friday, January 16th. Zacks Research downgraded shares of Polaris from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 12th. Robert W. Baird raised their price target on shares of Polaris from $55.00 to $60.00 and gave the company a “neutral” rating in a research report on Monday, October 6th. Royal Bank Of Canada boosted their price objective on shares of Polaris from $56.00 to $67.00 and gave the stock a “sector perform” rating in a report on Wednesday, October 29th. Finally, Weiss Ratings raised Polaris from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, January 16th. One analyst has rated the stock with a Buy rating and twelve have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $59.82.

Insiders Place Their Bets

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of PII. State Street Corp lifted its position in shares of Polaris by 15.7% during the 2nd quarter. State Street Corp now owns 3,137,866 shares of the company’s stock valued at $127,554,000 after buying an additional 426,482 shares in the last quarter. AQR Capital Management LLC raised its stake in Polaris by 30.1% during the 3rd quarter. AQR Capital Management LLC now owns 2,281,101 shares of the company’s stock worth $132,600,000 after acquiring an additional 528,300 shares during the period. Dimensional Fund Advisors LP lifted its holdings in Polaris by 0.5% during the third quarter. Dimensional Fund Advisors LP now owns 1,344,231 shares of the company’s stock valued at $78,145,000 after purchasing an additional 7,054 shares in the last quarter. Invesco Ltd. lifted its holdings in Polaris by 6.3% during the second quarter. Invesco Ltd. now owns 959,255 shares of the company’s stock valued at $38,994,000 after purchasing an additional 56,504 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its position in shares of Polaris by 39.7% in the second quarter. Ameriprise Financial Inc. now owns 553,224 shares of the company’s stock worth $22,489,000 after purchasing an additional 157,329 shares during the period. 88.06% of the stock is owned by hedge funds and other institutional investors.

Polaris Company Profile

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.