Polaris Inc. (PII)
Market Cap | 5.92B |
Revenue (ttm) | 9.14B |
Net Income (ttm) | 629.50M |
Shares Out | 56.69M |
EPS (ttm) | 10.66 |
PE Ratio | 9.79 |
Forward PE | 9.80 |
Dividend | $2.60 (2.49%) |
Ex-Dividend Date | Aug 31, 2023 |
Volume | 323,770 |
Open | 105.00 |
Previous Close | 104.45 |
Day's Range | 104.08 - 105.50 |
52-Week Range | 91.86 - 138.49 |
Beta | 1.68 |
Analysts | Hold |
Price Target | 120.70 (+15.65%) |
Earnings Date | Oct 24, 2023 |
About PII
Polaris Inc. designs, engineers, manufactures, and markets powersports vehicles worldwide. 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; moto-roadsters, quadricycles, and boats; and aftermarket parts and apparel. It also provides ORV accessories comprising winches, bumper/brushguards, plows, racks, wheels and tires, pull-behinds, cab systems, lighting and audio system... [Read more]
Financial Performance
In 2022, Polaris's revenue was $8.59 billion, an increase of 15.46% compared to the previous year's $7.44 billion. Earnings were $447.10 million, a decrease of -9.48%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for PII stock is "Hold." The 12-month stock price forecast is $120.7, which is an increase of 15.65% from the latest price.
News

POLARIS FACTORY RACING TEAM SECURES THIRD CONSECUTIVE VICTORY AT 2023 BAJA 400 WITH MASTERFUL PERFORMANCE BY BROCK HEGER, SCORING PRO UTV OPEN CLASS WIN AND UTV OVERALL
Polaris-Supported Drivers Secured the Top Seven Overall UTV Positions in RZR Pro Rs with Branden Sims and Justin Lambert Scoring Second and Third Respectively MINNEAPOLIS , Sept. 19, 2023 /PRNewswire/...

POLARIS MARINE UNVEILS TWO CONCEPT DEMONSTRATOR PONTOONS FEATURING HIGH-HORSEPOWER ELECTRIC PROPULSION
ELKHART, Ind. , Aug. 28, 2023 /PRNewswire/ -- Polaris Marine today unveiled two new concept electric pontoons under its Bennington and Godfrey Pontoons brands.

BENNINGTON ANNOUNCES REDESIGNED SV AND S SERIES AND MODEL YEAR 2024 UPDATES
ELKHART, Ind. , Aug. 28, 2023 /PRNewswire/ -- Bennington, North America's leading manufacturer of pontoon boats, announced today the complete redesign of its popular, family-friendly S and SV Series p...

CAMP RZR RETURNS TO KICK OFF DUNE SEASON IN GLAMIS, FEATURING LIVE PERFORMANCE BY EVERCLEAR
Polaris' Annual Celebration of the Side-by-Side Community Attracts Thousands with an Array of Family-Friendly Activities, RZR Demos, On-Site Vehicle Service & a Live Performance With an Iconic Playlis...
Polaris CEO on long-term growth and state of high-end consumers
Mike Speetzen, Polaris CEO, joins 'Closing Bell: Overtime' to discuss investor day, earnings, state of high-ticket consumer.

POLARIS OFF ROAD STAYS ON THE GAS WITH 2024 LINEUP, FEATURING RIDER-INSPIRED UPDATES & REFRESHED STYLES FOR ITS INDUSTRY-LEADING RANGE OF SIDE-BY-SIDES AND ATVS
Highlights Include the Return of Polaris Sportsman 570 and XP 1000 Hunt Editions, Along with a Host of Aesthetic and Performance Upgrades Across the Lineup MINNEAPOLIS , July 31, 2023 /PRNewswire/ --...

POLARIS EXPANDS ITS RANGER LINEUP WITH THE ALL-NEW RANGER XD 1500, AN ENTIRELY NEW CLASS OF EXTREME DUTY UTILITY SIDE-BY-SIDES
Introducing the industry's first-ever utility side-by-side with a 1500cc 3-cylinder engine for more power to make tough jobs easier and the industry's only STEELDRIVE transmission for greater durabili...

Polaris Declares Regular Cash Dividend
MINNEAPOLIS , July 27, 2023 /PRNewswire/ -- Polaris Inc. (NYSE: PII) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.65 per share payable on September ...

Polaris Inc. Second Quarter 2023 Financial Results Available on Company's Website
MINNEAPOLIS , July 25, 2023 /PRNewswire/ -- Polaris Inc. (NYSE: PII) reported second quarter 2023 financial results today through an earnings release posted on the Company's Investor Relations website...

Polaris Inc. and The National Forest Foundation Announce Recipients of 2023 Polaris Fund for Outdoor Recreation Grants
Projects in Arizona, Colorado, and Vermont will receive financial support MEDINA, Minn. , July 11, 2023 /PRNewswire/ -- Today, Polaris Inc. (NYSE: PII), a global leader in powersports, in partnership...

POLARIS ANNOUNCES 2023 TEXAS RODEO TOUR AND TEAM POLARIS RODEO ATHLETES
Seven-Time PRCA World Champion Stetson Wright Joins Team Polaris Rodeo MINNEAPOLIS , June 27, 2023 /PRNewswire/ -- Polaris Off Road , the global leader in powersports and off-road innovation, has ann...

Polaris Schedules Second Quarter 2023 Earnings Conference Call and Webcast
MINNEAPOLIS , June 27, 2023 /PRNewswire/ -- Polaris Inc. (NYSE: PII) announced today that it will release its second quarter 2023 financial results on Tuesday, July 25, 2023, and will hold a conferenc...

POLARIS OFF ROAD CELEBRATES HARDWORKING LANDOWNERS WITH HOMESTEAD HERO CAMPAIGN
The "Homestead Hero," A Custom RANGER XP 1000 Outfitted with A Host of Polaris Engineered Accessories & Premium Outdoor Power Tools, Will Be Given Away to One Lucky Consumer MINNEAPOLIS , June 22, 202...

Polaris Celebrates National Get Outdoors Day and National Great Outdoors Month This June
The powersports leader inspires consumers to #THINKOUTSIDE in new and unique ways MINNEAPOLIS , June 7, 2023 /PRNewswire/ -- Polaris Inc. (NYSE: PII), the global leader in powersports, is encouraging ...

POLARIS FACTORY RACING DRIVER BROCK HEGER DOMINATES 2023 BAJA 500, SECURING UTV OPEN CLASS AND UTV OVERALL VICTORIES
Branden Sims and Kristen Matlock Round Out Podium Finishing Second and Third Respectively, Behind the Wheel of the Polaris RZR Pro R MINNEAPOLIS , June 5, 2023 /PRNewswire/ -- This past weekend, the P...

Polaris Inc. to Present at The Baird 2023 Global Consumer, Technology & Services Conference
MINNEAPOLIS , June 1, 2023 /PRNewswire/ -- Polaris Inc. (NYSE: PII) announced today that it will present at the Baird 2023 Global Consumer, Technology & Services Conference in New York City on Wednesd...

Polaris Announces New 2035 Goals in its 2022 Geared For Good Report
Polaris' drives new possibilities for all who play, work and THINK OUTSIDE MINNEAPOLIS , May 18, 2023 /PRNewswire/ -- Today, Polaris Inc. (NYSE: PII) released its 2022 Geared For Good Environmental, S...

POLARIS CARVES A NEW PATH FOR SIDE-BY-SIDES & OUTDOOR ADVENTURE WITH POLARIS XPEDITION - A FIRST-OF-ITS-KIND ADVENTURE VEHICLE THAT ELEVATES OUTDOOR PURSUITS
From Camping & Kayaking to Mountain Biking, Hiking & Beyond, Polaris XPEDITION is Designed to Go Deeper Into the Backcountry & Carry the Gear, Whatever the Adventure May Be Adaptable, Comfortable & Ca...

Polaris Inc. First Quarter 2023 Financial Results Available on Company's Website
MINNEAPOLIS , April 25, 2023 /PRNewswire/ -- Polaris Inc. (NYSE: PII) reported first quarter 2023 financial results today through an earnings release posted on the Company's Investor Relations website...

Polaris Announces First Shipment of All Electric RANGER XP Kinetic
Production of the RANGER XP Kinetic started earlier this month at Polaris' U.S. manufacturing facility in Huntsville, Alabama; First Shipments to Dealers Start this Week MINNEAPOLIS , April 24, 2023 /...

Polaris Donates More Than $135,000 to Off-Road and Snow Organizations through its Spring T.R.A.I.L.S. Grants
In total, Polaris has donated more than $3.1 million to ATV, off-road and snowmobiling organizations across the U.S. and Canada through its T.R.A.I.L.S. Program MINNEAPOLIS , April 20, 2023 /PRNewswir...

Polaris Celebrates Women Riders This Upcoming International Female Ride Day
From long-time owners to those interested in trying powersports, Polaris invites women riders to "Just Ride" this International Female Ride Day, taking place globally on Saturday, May 6 Polaris contin...

POLARIS FACTORY RACING CAPTURES VICTORY AT ITS FIRST EVENT, TOPPING THE PRO UTV OPEN CLASS AT THE 2023 SAN FELIPE 250
Veteran Driver & Team Principal, Craig Scanlon Takes His RZR Pro R to the Top of the Podium at the 36th Running of the Year's First Baja Event – Factory Drivers Cayden MacCachren, Austin Weiland & Bro...

Polaris Schedules First Quarter 2023 Earnings Conference Call and Webcast
MINNEAPOLIS , March 30, 2023 /PRNewswire/ -- Polaris Inc. (NYSE: PII) announced today that it will release its first quarter 2023 financial results on Tuesday, April 25, 2023, and will hold a conferen...
Polaris CEO on new online marketplace for powersports vehicles
Polaris CEO Mike Speetzen joins 'Closing Bell:Overtime' to discuss their new online marketplace for powersports vehicles.