Polaris (NYSE:PII) Updates 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 also updated its Q1 2026 guidance to 0.450-0.450 EPS.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on PII shares. Zacks Research cut shares of Polaris from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 12th. Weiss Ratings upgraded shares of Polaris from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, January 16th. Robert W. Baird boosted their price objective 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 restated a “sector perform” rating and issued a $67.00 price objective on shares of Polaris in a research note on Tuesday. Finally, Morgan Stanley lifted their target price on Polaris from $72.00 to $81.00 and gave the company an “equal weight” rating in a research report on Friday, January 16th. One research analyst has rated the stock with a Buy rating and twelve have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $59.82.

Polaris Stock Down 4.1%

Shares of PII stock opened at $66.25 on Wednesday. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.02 and a quick ratio of 0.36. Polaris has a one year low of $30.92 and a one year high of $75.25. 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 price-to-earnings ratio of -25.00, a PEG ratio of 2.26 and a beta of 1.14.

Polaris (NYSE:PII) last issued its quarterly earnings results on Tuesday, January 27th. The company reported $0.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.06 by $0.02. The business had revenue of $1.92 billion during the quarter, compared to analyst estimates of $1.82 billion. Polaris had a positive return on equity of 3.89% and a negative net margin of 2.17%.Polaris’s revenue for the quarter was up 9.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.92 EPS. Polaris has set its FY 2026 guidance at 1.500-1.600 EPS and its Q1 2026 guidance at 0.450-0.450 EPS. Sell-side analysts expect that Polaris will post 1.11 EPS for the current fiscal year.

Polaris Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 1st were paid a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend was Monday, December 1st. Polaris’s dividend payout ratio (DPR) is -101.13%.

Insiders Place Their Bets

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 transaction of $307,531.62. Following the completion of the sale, the senior vice president directly owned 43,878 shares of the company’s stock, valued at $2,963,081.34. This trade represents a 9.40% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 3.12% of the stock is owned by insiders.

Trending Headlines about Polaris

Here are the key news stories impacting Polaris this week:

• Positive Sentiment: Q4 results beat expectations: Polaris reported EPS of $0.08 (vs. consensus $0.06) and revenue of $1.92B (vs. ~$1.82B), with revenue up ~9.5% year-over-year — showing demand resilience. Polaris beats Q4 expectations, shares dip slightly
• Neutral Sentiment: Company filed its Q4 & FY 2025 release and investor materials (transcript/slide deck available) — useful for digging into segment details, inventory, and regional trends. Polaris Inc. Fourth Quarter and Full Year 2025 Financial Results
• Negative Sentiment: Tariff headwinds flagged on the call: management warned that new or rising tariffs are pressuring input costs and will negatively impact margins — a key reason investors are selling despite the quarter’s beat. Polaris Flags Tariff Hit, Issues Cautious Outlook
• Negative Sentiment: FY 2026 EPS guidance came in below Street expectations (EPS guide $1.50–$1.60 vs. consensus ~$1.78), signaling margin recovery may be slower than analysts hoped — this guidance revision is weighing on the stock. Why Polaris (PII) Stock Is Trading Lower Today
• Negative Sentiment: Analyst/market commentary emphasizes margin pressure from tariffs and FX, and flags that while revenue topped estimates, profitability (negative net margin reported) and leverage (debt-to-equity ~1.13) leave the company sensitive to cost shocks. Polaris falls after tariffs pressure margin rates

Hedge Funds Weigh In On Polaris

Several institutional investors have recently bought and sold shares of PII. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Polaris by 13.8% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 3,924 shares of the company’s stock valued at $228,000 after purchasing an additional 475 shares during the last quarter. Laird Norton Wetherby Wealth Management LLC bought a new stake in shares of Polaris in the third quarter worth about $249,000. Paces Ferry Wealth Advisors LLC purchased a new stake in shares of Polaris in the third quarter worth about $244,000. Mackenzie Financial Corp bought a new position in Polaris during the third quarter valued at approximately $211,000. Finally, Quadrant Capital Group LLC purchased a new position in Polaris during the 3rd quarter valued at approximately $212,000. 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.