Polaris (NYSE:PII) Releases FY 2026 Earnings Guidance

Polaris (NYSE:PII) issued an update on its FY 2026 earnings guidance on Tuesday. The company provided EPS guidance of 3.000-3.100 for the period, compared to the consensus EPS estimate of 1.810. The company issued revenue guidance of $7.3 billion-$7.5 billion, compared to the consensus revenue estimate of $7.3 billion.

Polaris Stock Up 2.2%

Polaris stock opened at $74.68 on Tuesday. The firm has a market cap of $4.25 billion, a PE ratio of -9.53 and a beta of 1.25. The company has a debt-to-equity ratio of 2.72, a quick ratio of 0.48 and a current ratio of 1.21. The firm’s 50 day moving average price is $68.87 and its two-hundred day moving average price is $64.27. Polaris has a twelve month low of $47.14 and a twelve month high of $75.92.

Polaris (NYSE:PII) last issued its earnings results on Monday, April 27th. The company reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.43) by $0.56. Polaris had a negative net margin of 6.13% and a positive return on equity of 5.91%. The company had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.63 billion. During the same quarter last year, the business posted ($0.90) EPS. The company’s revenue for the quarter was up 8.0% on a year-over-year basis. On average, research analysts predict that Polaris will post 1.76 EPS for the current fiscal year.

Polaris Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were paid a $0.68 dividend. The ex-dividend date was Monday, June 1st. This represents a $2.72 dividend on an annualized basis and a yield of 3.6%. Polaris’s payout ratio is -34.69%.

Wall Street Analyst Weigh In

PII has been the subject of several research reports. Robert W. Baird lifted their price target on Polaris from $67.00 to $70.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. Zacks Research upgraded shares of Polaris from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 21st. Weiss Ratings reissued a “sell (d)” rating on shares of Polaris in a research report on Tuesday, July 7th. Roth Capital restated a “neutral” rating on shares of Polaris in a report on Wednesday, April 29th. Finally, Citigroup upped their price objective on shares of Polaris from $58.00 to $70.00 and gave the stock a “neutral” rating in a report on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Polaris presently has an average rating of “Hold” and a consensus target price of $65.00.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Kemnay Advisory Services Inc. acquired a new position in shares of Polaris during the fourth quarter valued at about $27,000. Canada Pension Plan Investment Board acquired a new stake in Polaris during the second quarter worth about $73,000. NewEdge Advisors LLC increased its stake in Polaris by 34.1% during the second quarter. NewEdge Advisors LLC now owns 1,877 shares of the company’s stock valued at $76,000 after acquiring an additional 477 shares during the period. EverSource Wealth Advisors LLC increased its stake in Polaris by 582.8% during the second quarter. EverSource Wealth Advisors LLC now owns 2,144 shares of the company’s stock valued at $87,000 after acquiring an additional 1,830 shares during the period. Finally, Summit Securities Group LLC acquired a new position in Polaris in the 4th quarter valued at approximately $139,000. Institutional investors own 88.06% of the company’s stock.

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.