Polaris Inc. (NYSE:PII) Announces Quarterly Dividend of $0.68

Polaris Inc. (NYSE:PII) declared a quarterly dividend on Thursday, January 29th. Investors of record on Monday, March 2nd will be paid a dividend of 0.68 per share on Monday, March 16th. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend is Monday, March 2nd. This is a 1.5% increase from Polaris’s previous quarterly dividend of $0.67.

Polaris has raised its dividend payment by an average of 0.0%per year over the last three years and has increased its dividend annually for the last 30 consecutive years. Polaris has a dividend payout ratio of 1,072.0% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Research analysts expect Polaris to earn $2.86 per share next year, which means the company should continue to be able to cover its $2.68 annual dividend with an expected future payout ratio of 93.7%.

Polaris Price Performance

PII traded down $0.48 during trading on Friday, hitting $64.20. 56,955 shares of the stock traded hands, compared to its average volume of 937,909. The business has a 50 day moving average price of $67.69 and a 200 day moving average price of $61.94. The company has a debt-to-equity ratio of 1.81, a current ratio of 0.98 and a quick ratio of 0.36. Polaris has a twelve month low of $30.92 and a twelve month high of $75.25. The company has a market cap of $3.61 billion, a price-to-earnings ratio of -7.87, a PEG ratio of 2.11 and a beta of 1.14.

Polaris (NYSE:PII) last issued its earnings results on Tuesday, January 27th. The company reported $0.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.06 by $0.02. Polaris had a negative return on equity of 0.05% and a negative net margin of 6.51%.The firm had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $1.82 billion. During the same quarter last year, the business posted $0.92 EPS. The company’s 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. Equities research analysts forecast that Polaris will post 1.11 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Weiss Ratings upgraded Polaris from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, January 16th. Roth Mkm restated a “neutral” rating on shares of Polaris in a research note on Wednesday. Robert W. Baird upped their price objective on shares of Polaris from $55.00 to $60.00 and gave the stock a “neutral” rating in a research report on Monday, October 6th. Citigroup raised their target price on shares of Polaris from $60.00 to $71.00 and gave the company a “neutral” rating in a research report on Thursday, October 30th. Finally, Seaport Research Partners raised shares of Polaris to a “strong-buy” rating in a research note on Thursday, January 8th. Twelve analysts have rated the stock with a Hold rating, According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $59.80.

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.