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 3.000-3.100 for the period, compared to the consensus earnings per share 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.

Wall Street Analyst Weigh In

PII has been the subject of a number of research reports. Robert W. Baird upped their price objective on shares of Polaris from $67.00 to $70.00 and gave the company a “neutral” rating in a research note on Wednesday, April 29th. Zacks Research upgraded shares of Polaris from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 21st. Morgan Stanley lowered their price target on shares of Polaris from $74.00 to $69.00 and set an “equal weight” rating for the company in a research note on Tuesday, May 19th. Weiss Ratings restated a “sell (d)” rating on shares of Polaris in a research report on Tuesday, July 7th. Finally, Wells Fargo & Company raised their price objective on Polaris from $60.00 to $65.00 and gave the company an “equal weight” rating in a research note on Friday, July 10th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $65.00.

Polaris Stock Performance

NYSE:PII opened at $74.68 on Tuesday. The company has a debt-to-equity ratio of 2.72, a quick ratio of 0.48 and a current ratio of 1.21. Polaris has a fifty-two week low of $47.14 and a fifty-two week high of $75.92. The firm has a market cap of $4.25 billion, a PE ratio of -9.53 and a beta of 1.25. The business has a 50 day moving average price of $68.87 and a 200-day moving average price of $64.27.

Polaris (NYSE:PII) last announced its quarterly earnings results on Monday, July 27th. The company reported $1.97 earnings per share for the quarter, beating the consensus estimate of $0.76 by $1.21. The business had revenue of $2.02 billion during the quarter, compared to analysts’ expectations of $1.95 billion. Polaris had a negative net margin of 6.13% and a positive return on equity of 5.91%. The firm’s revenue for the quarter was up 9.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($1.39) EPS. Equities research analysts predict that Polaris will post 1.76 earnings per share for the current year.

Polaris Dividend Announcement

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

Hedge Funds Weigh In On Polaris

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

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.