Polaris Inc. (PII) To Go Ex-Dividend on March 2nd

Polaris Inc. (NYSE:PII) announced a quarterly dividend on Thursday, January 29th. Stockholders of record on Monday, March 2nd will be given a dividend of 0.68 per share on Monday, March 16th. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date is Monday, March 2nd. This is a 1.5% increase from Polaris’s previous quarterly dividend of $0.67.

Polaris has increased its dividend payment by an average of 0.0%annually over the last three years and has raised its dividend every year for the last 30 years. Polaris has a dividend payout ratio of 1,072.0% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Analysts expect Polaris to earn $2.86 per share next year, which means the company should continue to be able to cover its $2.68 annual dividend with an expected future payout ratio of 93.7%.

Polaris Trading Down 1.5%

PII opened at $63.68 on Friday. The company has a quick ratio of 0.36, a current ratio of 0.98 and a debt-to-equity ratio of 1.81. Polaris has a 52 week low of $30.92 and a 52 week high of $75.25. The business’s 50 day moving average is $67.69 and its two-hundred day moving average is $62.05. The firm has a market cap of $3.58 billion, a price-to-earnings ratio of -7.78, a price-to-earnings-growth ratio of 2.17 and a beta of 1.14.

Polaris (NYSE:PII) last announced its earnings results on Tuesday, January 27th. The company reported $0.08 EPS for the quarter, beating analysts’ consensus estimates of $0.06 by $0.02. The business had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $1.82 billion. Polaris had a negative net margin of 6.51% and a negative return on equity of 0.05%. The company’s quarterly revenue was up 9.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.92 EPS. Polaris has set its FY 2026 guidance at 1.500-1.600 EPS and its Q1 2026 guidance at 0.450-0.450 EPS. On average, research analysts predict that Polaris will post 1.11 EPS for the current year.

Insider Transactions at Polaris

In other Polaris news, SVP James P. Williams sold 4,554 shares of the stock in a transaction on Friday, December 5th. The stock was sold at an average price of $67.53, for a total transaction of $307,531.62. Following the sale, the senior vice president owned 43,878 shares in the company, valued at approximately $2,963,081.34. This represents a 9.40% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 3.12% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Harbor Capital Advisors Inc. acquired a new stake in Polaris during the third quarter worth approximately $26,000. Mirae Asset Global Investments Co. Ltd. purchased a new stake in Polaris in the fourth quarter valued at approximately $40,000. Quent Capital LLC acquired a new stake in shares of Polaris during the 3rd quarter worth $37,000. Parkside Financial Bank & Trust raised its holdings in shares of Polaris by 371.4% in the 2nd quarter. Parkside Financial Bank & Trust now owns 693 shares of the company’s stock worth $28,000 after purchasing an additional 546 shares during the period. Finally, EMC Capital Management acquired a new position in Polaris during the second quarter valued at approximately $36,000. 88.06% of the stock is currently owned by hedge funds and other institutional investors.

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.