Polaris Inc. (NYSE:PII – Get Free Report)’s share price passed above its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of $56.95 and traded as high as $62.00. Polaris shares last traded at $58.1410, with a volume of 2,303,722 shares.
More Polaris News
Here are the key news stories impacting Polaris this week:
- Positive Sentiment: Major earnings beat: Polaris reported adjusted earnings of $1.08 per share, well above the approximately $0.59–$0.62 analyst consensus and compared with a loss of $0.28 per share in the year-ago quarter. Polaris Inc. Surpasses Q3 Earnings and Revenue Estimates
- Positive Sentiment: Revenue also beat forecasts: Quarterly sales increased 10.9% year over year to $2.04 billion, exceeding the roughly $1.90 billion analyst estimate. The combination of stronger sales and profitability is the primary catalyst for the stock’s increase. Polaris Reports Third-Quarter and Nine-Month Results
- Positive Sentiment: Full-year outlook raised: Management increased its 2026 earnings outlook following the better-than-expected quarter, reinforcing investor expectations for continued recovery and supporting the rally. Polaris Tops Q3 Expectations and Raises FY26 Outlook
- Neutral Sentiment: Management’s earnings call and presentation provided additional detail on the quarterly performance and updated outlook, which investors will assess for evidence that the improvement is sustainable. Polaris Q3 2026 Earnings Call Transcript
- Negative Sentiment: Analyst caution remains: Morgan Stanley reduced its price target to $66 from $74 while maintaining an Equalweight rating, signaling limited conviction despite the earnings beat. Morgan Stanley Adjusts Polaris Price Target
Wall Street Analysts Forecast Growth
A number of analysts have recently weighed in on the company. Roth Capital restated a “neutral” rating on shares of Polaris in a research note on Wednesday, July 29th. Robert W. Baird reduced their price target on shares of Polaris from $72.00 to $65.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 7th. Citigroup reduced their price target on shares of Polaris from $67.00 to $56.00 and set a “neutral” rating on the stock in a research report on Monday, October 19th. Bank of America reissued a “neutral” rating on shares of Polaris in a report on Wednesday, July 29th. Finally, UBS Group lowered their price objective on shares of Polaris from $67.00 to $61.00 and set a “neutral” rating for the company in a research report on Friday, September 18th. One research analyst has rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Polaris presently has a consensus rating of “Hold” and a consensus target price of $63.00.
Get Our Latest Stock Report on Polaris
Polaris Stock Performance
The firm’s 50-day moving average is $56.95 and its two-hundred day moving average is $62.79. The stock has a market cap of $3.31 billion, a P/E ratio of -12.56 and a beta of 1.32.
Polaris (NYSE:PII – Get Free Report) last announced its quarterly earnings data on Tuesday, October 27th. The company reported $1.08 EPS for the quarter, beating analysts’ consensus estimates of $0.59 by $0.49. The firm had revenue of $2.04 billion during the quarter, compared to the consensus estimate of $1.90 billion. The firm’s quarterly revenue was up 10.9% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.28) earnings per share. As a group, research analysts forecast that Polaris Inc. will post 3.22 EPS for the current year.
Polaris Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st were issued a $0.68 dividend. The ex-dividend date was Tuesday, September 1st. This represents a $2.72 annualized dividend and a yield of 4.7%. Polaris’s dividend payout ratio (DPR) is currently -58.75%.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in the business. BlackRock Inc. bought a new position in shares of Polaris in the 2nd quarter valued at about $501,360,000. State Street Corp grew its position in shares of Polaris by 4.7% during the 2nd quarter. State Street Corp now owns 2,692,541 shares of the company’s stock worth $184,306,000 after buying an additional 121,031 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of Polaris by 7.4% during the first quarter. Dimensional Fund Advisors LP now owns 1,546,260 shares of the company’s stock worth $84,269,000 after buying an additional 107,109 shares during the last quarter. Canada Pension Plan Investment Board bought a new stake in shares of Polaris during the second quarter worth approximately $77,817,000. Finally, Bank of New York Mellon Corp bought a new stake in shares of Polaris during the second quarter worth approximately $43,780,000. 88.06% of the stock is currently owned by institutional investors and hedge funds.
About Polaris
Polaris Inc is a manufacturer of powersports products headquartered in Medina, Minnesota. Founded in 1954, the company began as a snowmobile manufacturer and has expanded into a diversified portfolio of off-road vehicles, motorcycles, snowmobiles and boats.
Its off-road vehicle lineup includes utility and recreational models sold under brands such as RANGER, RZR, Sportsman and GENERAL. Polaris also manufactures snowmobiles under the Polaris brand and motorcycles through Indian Motorcycle and Slingshot.
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