What is DA Davidson’s Forecast for Polaris Q1 Earnings?

Polaris Inc. (NYSE:PII) – Stock analysts at DA Davidson issued their Q1 2025 EPS estimates for shares of Polaris in a research note issued on Thursday, January 30th. DA Davidson analyst B. Rolle forecasts that the company will post earnings per share of ($0.90) for the quarter. DA Davidson has a “Buy” rating and a $60.00 price target on the stock. The consensus estimate for Polaris’ current full-year earnings is $1.14 per share.

PII has been the subject of several other reports. Robert W. Baird dropped their target price on Polaris from $84.00 to $72.00 and set an “outperform” rating for the company in a report on Monday, December 30th. KeyCorp cut shares of Polaris from an “overweight” rating to a “sector weight” rating in a research report on Wednesday, January 8th. Royal Bank of Canada decreased their target price on shares of Polaris from $65.00 to $54.00 and set a “sector perform” rating on the stock in a report on Wednesday. Morgan Stanley restated an “equal weight” rating and set a $60.00 price target (down previously from $81.00) on shares of Polaris in a report on Tuesday, January 21st. Finally, Truist Financial decreased their price objective on Polaris from $60.00 to $55.00 and set a “hold” rating on the stock in a report on Wednesday. One analyst has rated the stock with a sell rating, nine have given a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $67.82.

Polaris Price Performance

NYSE:PII opened at $47.68 on Friday. Polaris has a one year low of $47.53 and a one year high of $100.91. The stock has a market cap of $2.66 billion, a PE ratio of 24.33, a P/E/G ratio of 14.41 and a beta of 1.53. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.32 and a current ratio of 1.15. The stock has a 50 day moving average price of $59.03 and a 200 day moving average price of $71.91.

Polaris (NYSE:PII) last posted its quarterly earnings results on Tuesday, January 28th. The company reported $0.92 earnings per share for the quarter, topping analysts’ consensus estimates of $0.89 by $0.03. Polaris had a net margin of 1.54% and a return on equity of 13.78%.

Institutional Trading of Polaris

Hedge funds have recently modified their holdings of the stock. The Manufacturers Life Insurance Company increased its position in shares of Polaris by 3.2% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 2,262,990 shares of the company’s stock valued at $188,371,000 after purchasing an additional 69,844 shares during the last quarter. Confluence Investment Management LLC increased its holdings in Polaris by 0.7% in the third quarter. Confluence Investment Management LLC now owns 1,039,359 shares of the company’s stock valued at $86,516,000 after buying an additional 6,724 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in Polaris by 44.6% in the third quarter. Charles Schwab Investment Management Inc. now owns 555,410 shares of the company’s stock valued at $46,232,000 after buying an additional 171,366 shares in the last quarter. Systematic Financial Management LP raised its stake in Polaris by 9.9% in the third quarter. Systematic Financial Management LP now owns 229,565 shares of the company’s stock valued at $19,109,000 after buying an additional 20,695 shares in the last quarter. Finally, Royal London Asset Management Ltd. lifted its holdings in Polaris by 0.4% during the 3rd quarter. Royal London Asset Management Ltd. now owns 221,481 shares of the company’s stock worth $18,436,000 after buying an additional 818 shares during the last quarter. 88.06% of the stock is currently owned by institutional investors and hedge funds.

Polaris Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 3rd will be issued a dividend of $0.67 per share. The ex-dividend date of this dividend is Monday, March 3rd. This is a positive change from Polaris’s previous quarterly dividend of $0.66. This represents a $2.68 dividend on an annualized basis and a yield of 5.62%. Polaris’s dividend payout ratio is 134.69%.

Polaris Company Profile

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.