Polaris Inc. (PII)

NYSE: PII · Real-Time Price · USD
65.22
-0.62 (-0.94%)
Nov 20, 2024, 4:00 PM EST - Market closed
-0.94%
Market Cap 3.64B
Revenue (ttm) 7.80B
Net Income (ttm) 203.60M
Shares Out 55.77M
EPS (ttm) 3.57
PE Ratio 18.28
Forward PE 19.82
Dividend $2.64 (4.05%)
Ex-Dividend Date Dec 2, 2024
Volume 472,558
Open 65.30
Previous Close 65.84
Day's Range 64.56 - 65.74
52-Week Range 64.56 - 100.91
Beta 1.52
Analysts Buy
Price Target 85.00 (+30.33%)
Earnings Date Oct 22, 2024

About PII

Polaris Inc. designs, engineers, manufactures, and markets powersports vehicles in the United States, Canada, and internationally. It operates through three segments: Off-Road, On-Road, and Marine. The company offers off-road vehicles (ORVs), including all-terrain vehicles and side-by-side vehicles; military and commercial ORVs; snowmobiles; motorcycles; and moto-roadsters, quadricycles, and boats. It also provides ORV accessories comprising winches, bumper/brushguards, plows, racks, wheels and tires, pull-behinds, cab systems, lighting and aud... [Read more]

IPO Date Aug 21, 1987
Employees 18,500
Stock Exchange NYSE
Ticker Symbol PII
Full Company Profile

Financial Performance

In 2023, Polaris's revenue was $9.01 billion, an increase of 4.37% compared to the previous year's $8.64 billion. Earnings were $502.80 million, an increase of 12.46%.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for PII stock is "Buy." The 12-month stock price forecast is $85.0, which is an increase of 30.33% from the latest price.

Price Target
$85.0
(30.33% upside)
Analyst Consensus: Buy
Stock Forecasts

News

POLARIS FACTORY RACING'S BROCK HEGER TRIUMPHS, CAPTURING FIRST SCORE BAJA 1000 VICTORY AND SECURING 2024 SCORE UTV PRO OPEN CLASS SERIES CHAMPIONSHIP

Heger Goes Solo and Dominates UTV Field in RZR Pro R Factory, Securing Impressive Seventh Overall Amongst All Four-Wheel Vehicles Polaris-Supported Racer Branden Sims Finishes Second in Race-Prepped R...

1 day ago - PRNewsWire

Polaris Launches Polaris Adventures Elite to Better Help Small Outdoor Experience Businesses

Polaris Adventures Elite offers more than 20 tools purpose-built for recreation rental businesses, helping them to ease the pains of day-to-day operations MINNEAPOLIS , Nov. 13, 2024 /PRNewswire/ -- P...

7 days ago - PRNewsWire

Polaris: Despite Short-Term Challenges, Long-Term Outlook Is Favorable

Polaris faces a challenging 2024 but remains fundamentally strong, with a history of sales growth and resilient profitability, offering long-term investment potential. Polaris's diversified product li...

11 days ago - Seeking Alpha

Top Dividend Aristocrats To Buy Now After The Trump Sweep

A potential 15% corporate tax rate could trigger a significant rally, similar to the 2017 euphoria, boosting S&P 500 earnings by 4%. Focus on undervalued, high-quality dividend aristocrats in consumer...

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11 days ago - Seeking Alpha

HURRICANE BOATS PULLS OUT ALL STOPS FOR ITS NEW 24-FOOT CENTER CONSOLE

ELKHART, Ind. , Oct. 30, 2024 /PRNewswire/ -- Hurricane Boats redefines category with its brand-new 24CC Center Console.

21 days ago - PRNewsWire

SUNDECK 3200 HERALDS IN A NEW DAWN FOR HURRICANE BOATS

ELKHART, Ind. , Oct. 30, 2024 /PRNewswire/ -- Hurricane Boats, legendary innovator in versatile deck boat designs, ushers in the next chapter in its storied history with the launch of its latest model...

21 days ago - PRNewsWire

POLARIS UNLEASHES THE LIMITED-EDITION RZR PRO R RACE REPLICA - INSPIRED BY RZR'S RACING CHAMPIONSHIP DNA

Exclusive Limited Edition RZR Honors Polaris' Global Desert Racing Success With Race-Livery Styling and Upgraded Componentry Upgrades Include Color-Matched Fang Lighting, Method Race Wheels ® , BFGood...

22 days ago - PRNewsWire

Navigating Earnings Season: A Tale Of Three Companies

GM defied expectations this earnings season by offsetting EV headwinds and labor costs with higher vehicle pricing, signaling strong profit potential despite broader industry challenges. Homebuilders ...

Other symbols: GMPHM
27 days ago - Seeking Alpha

Polaris Declares Regular Cash Dividend

MINNEAPOLIS , Oct. 24, 2024 /PRNewswire/ -- Polaris Inc. (NYSE: PII) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.66 per share payable on December 1...

27 days ago - PRNewsWire

Polaris Inc. (PII) Q3 2024 Earnings Call Transcript

Polaris Inc. (NYSE:PII) Q3 2024 Earnings Conference Call October 22, 2024 10:00 AM ET Company Participants J.C. Weigelt – Vice President-Investor Relations Mike Speetzen – Chief Executive Officer Bob...

4 weeks ago - Seeking Alpha

Polaris Inc. Third Quarter 2024 Financial Results Available on Company's Website

MINNEAPOLIS , Oct. 22, 2024  /PRNewswire/ -- Polaris Inc. (NYSE: PII) reported third quarter 2024 financial results today through an earnings release posted on the Company's Investor Relations website...

4 weeks ago - PRNewsWire

3 Dividend Stocks for October 2024

#Morningstar  #VerizonStock #DividendStocks These three dividend payers have an average yield of more than 4.5%. 00:00 Introduction 00:10 Bristol-Myers Squibb BMY 00:45 Polaris PII 01:04 Verizon VZ Da...

Other symbols: BMYVZ
5 weeks ago - Morningstar

14 Incredible High-Yield Dividend Aristocrat Bargain Buys For October

The market keeps hitting record highs, and many investors fear putting new money to work. It's always a market of stocks, not a stock market. Wonderful blue-chip bargains are always on sale if you kno...

Other symbols: AWRBTICFRCVXCWTDEOFRT
7 weeks ago - Seeking Alpha

Polaris Schedules Third Quarter 2024 Earnings Conference Call and Webcast

MINNEAPOLIS , Sept. 24, 2024 /PRNewswire/ -- Polaris Inc. (NYSE: PII) announced today that it will release its third quarter 2024 financial results on Tuesday, October 22, 2024, and will hold a confer...

2 months ago - PRNewsWire

MACCACHREN EXTENDS WINNING STREAK AS POLARIS DOMINATES BAJA 400 IN RZR PRO R FACTORY

Factory Teammate Brock Heger Lands Second Overall, While Polaris-Supported Drivers Wayne Matlock and Branden Sims Drove Their Race-Prepped RZR Pro Rs to Third and Fourth Overall Max Eddy Jr. Finished ...

2 months ago - PRNewsWire

10 Dividend Aristocrat Bargains Too Good To Miss

Peter Lynch achieved 29% annual returns for 13 years, focusing on safety, quality, and growth at a reasonable price, or GARP. Lynch popularized the PEG (price/earnings/growth) ratio. During the last 3...

Other symbols: ABTADPCBUCFRCSLCVXEMR
2 months ago - Seeking Alpha

Polaris' Short-Term Prospects Are Increasingly Cloudy

Polaris Inc. reported Q2 results that missed Wall Street's estimates by a wide margin, still improving very well sequentially. The company also significantly slashed the 2024 guidance, and while a gui...

3 months ago - Seeking Alpha

10 Dividend Aristocrat Bargain Buys You Don't Want To Miss

Market volatility has become extreme, but smart investors know that great stock returns are created by volatility. Missing the market's best 60 days over the last 20 years resulted in 75% inflation-ad...

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3 months ago - Seeking Alpha

POLARIS OFF ROAD EXPANDS INDUSTRY-LEADING PRODUCT LINEUP FOR 2025 WITH NEW MODELS AND RIDER-INSPIRED UPGRADES, CONTINUING TO DELIVER MORE VALUE TO CUSTOMERS

Customers Will Now Enjoy A Two-Year Limited Warranty Across the Entire RANGER Lineup RANGER XP 1000 NorthStar Trail Boss Returns and GENERAL 4 1000 Sport Joins the Lineup A Host of Updated Features an...

3 months ago - PRNewsWire

POLARIS 2025 RZR PRO LINEUP DELIVERS BOLD STYLE AND REFINED FIT & FINISH WITH UNPARALLELED PERFORMANCE & TECHNOLOGY

New Pro Lineup Offers Riders the Toughest RZR Vehicles While Delivering Revived Styling, a Refined Rider Experience and Relentless Race-Proven Durability Upgrades Include Return of Iconic RZR Fang Lig...

3 months ago - PRNewsWire

Polaris Stock: Less Compelling Than Treasury Notes

Polaris stock has returned a negative 37.6% against the S&P 500's 22.9% return in the past year. Q2 financial results show a 16% decrease in sales and a 71% drop in net income compared to 2023. The di...

4 months ago - Seeking Alpha

Polaris, Inc. (PII) Q2 2024 Earnings Call Transcript

Polaris, Inc. (NYSE:PII) Q2 2024 Earnings Conference Call July 23, 2024 10:00 AM ET Company Participants J.C. Weigelt - VP, IR Michael Speetzen - CEO & Director Robert Mack - CFO & EVP of Finance and...

4 months ago - Seeking Alpha

Polaris stock tumbles 11% after earnings fall far short of consensus and company cuts full-year outlook

Polaris Inc.'s stock PII, +0.75% tumbled 11% early Tuesday, after the power sports vehicles maker posted weaker-than-expected second-quarter earnings and slashed its full-year guidance. The Minneapoli...

4 months ago - Market Watch

Polaris Inc. Second Quarter 2024 Financial Results Available on Company's Website

MINNEAPOLIS , July 23, 2024 /PRNewswire/ -- Polaris Inc. (NYSE: PII) reported second quarter 2024 financial results today through an earnings release posted on the Company's Investor Relations website...

4 months ago - PRNewsWire

Polaris Announces Senior Leadership Change

MINNEAPOLIS , July 19, 2024 /PRNewswire/ -- Polaris Inc. (NYSE: PII) announced that its President of Off Road Steve Menneto is leaving for a new career opportunity. "From his start as a part of the sa...

4 months ago - PRNewsWire