Polaris (NYSE:PII) Issues FY 2026 Earnings Guidance

Polaris (NYSE:PII) issued an update on its FY 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) 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.

Analyst Ratings Changes

Several research firms have commented on PII. Wells Fargo & Company boosted their price target on shares of Polaris from $65.00 to $70.00 and gave the stock an “equal weight” rating in a report on Wednesday. Royal Bank Of Canada raised their target price on Polaris from $65.00 to $75.00 and gave the stock a “sector perform” rating in a research report on Wednesday. Robert W. Baird increased their target price on shares of Polaris from $70.00 to $72.00 and gave the company a “neutral” rating in a research report on Wednesday. Morgan Stanley cut their price target on shares of Polaris from $74.00 to $69.00 and set an “equal weight” rating on the stock in a research note on Tuesday, May 19th. Finally, Bank of America restated a “neutral” rating on shares of Polaris in a research note on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $66.67.

Polaris Price Performance

Shares of PII opened at $67.81 on Thursday. Polaris has a fifty-two week low of $47.14 and a fifty-two week high of $77.98. The firm has a 50-day simple moving average of $69.18 and a 200-day simple moving average of $64.24. The company has a debt-to-equity ratio of 2.28, a quick ratio of 0.48 and a current ratio of 1.20. The company has a market capitalization of $3.86 billion, a price-to-earnings ratio of -14.60 and a beta of 1.25.

Polaris (NYSE:PII) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $1.97 earnings per share for the quarter, topping the consensus estimate of $0.76 by $1.21. The firm had revenue of $2.02 billion during the quarter, compared to the consensus estimate of $1.95 billion. Polaris had a positive return on equity of 16.77% and a negative net margin of 3.50%.The company’s revenue for the quarter was up 9.2% on a year-over-year basis. During the same period last year, the company earned ($1.39) earnings per share. Polaris has set its FY 2026 guidance at 3.000-3.100 EPS. On average, equities research analysts anticipate that Polaris will post 3.05 earnings per share for the current year.

Polaris Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were paid a dividend of $0.68 per share. This represents a $2.72 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend was Monday, June 1st. Polaris’s dividend payout ratio (DPR) is -34.69%.

Trending Headlines about Polaris

Here are the key news stories impacting Polaris this week:

• Positive Sentiment: Polaris reported second-quarter earnings of $1.97 per share, far above the roughly $0.76–$0.77 analyst consensus, while revenue rose 9.2% year over year to $2.02 billion and exceeded expectations. Management also maintained an optimistic 2026 outlook of $3.00–$3.10 in adjusted EPS. Polaris Q2 Earnings Report
• Positive Sentiment: Results showed a continued sales recovery, particularly in utility off-road vehicles, along with market-share gains and strong margin expansion. These factors have supported the recent rally and renewed confidence in Polaris’ recovery. Polaris Rallies After Q2 Results
• Positive Sentiment: Wells Fargo raised its price target from $65 to $70, RBC increased its target from $65 to $75, and Baird lifted its target from $70 to $72. While the firms retained equal-weight, sector-perform or neutral ratings, the higher targets indicate improved expectations following the earnings beat.
• Positive Sentiment: A quantitative screen identified PII as a fast-moving stock with attractive valuation characteristics, which may draw additional interest from momentum and value-oriented investors. Polaris Momentum and Valuation Analysis

Hedge Funds Weigh In On Polaris

A number of institutional investors have recently made changes to their positions in the stock. Russell Investments Group Ltd. boosted its stake in shares of Polaris by 0.3% during the fourth quarter. Russell Investments Group Ltd. now owns 123,886 shares of the company’s stock valued at $7,838,000 after acquiring an additional 340 shares during the last quarter. Empowered Funds LLC lifted its holdings in Polaris by 4.7% in the 4th quarter. Empowered Funds LLC now owns 7,615 shares of the company’s stock valued at $482,000 after purchasing an additional 343 shares in the last quarter. Kemnay Advisory Services Inc. acquired a new stake in shares of Polaris during the 4th quarter worth about $27,000. Northwestern Mutual Wealth Management Co. raised its position in shares of Polaris by 13.8% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 3,924 shares of the company’s stock valued at $228,000 after buying an additional 475 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its stake in shares of Polaris by 34.1% during the second quarter. NewEdge Advisors LLC now owns 1,877 shares of the company’s stock valued at $76,000 after buying an additional 477 shares during the period. 88.06% of the stock is owned by institutional investors and hedge funds.

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.