Polaris Industries (PII)
NYSE:PII
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PII Stock Chart & Stats
$57.91
-$1.99(-3.42%)
At close: 4:00 PM EST
$57.91
-$1.99(-3.42%)
Day’s Range― - ―
52-Week Range$38.42 - $75.25
Previous CloseN/A
Volume275.56K
Average Volume (3M)1.08M
Market Cap
$3.88B
Enterprise Value$5.94B
Total Cash (Recent Filing)$282.00M
Total Debt (Recent Filing)$2.21B
Price to Earnings (P/E)―
Beta1.09
Next Earnings
Jul 28, 2026EPS Estimate
0.72Next Dividend Ex-DateN/A
Dividend Yield3.99%
Share Statistics
EPS (TTM)-7.84
Shares Outstanding56,886,166
10 Day Avg. Volume839,839
30 Day Avg. Volume1,080,148
Financial Highlights & Ratios
PEG Ratio0.01
Price to Book (P/B)4.34
Price to Sales (P/S)0.50
P/FCF Ratio6.45
Enterprise Value/Market Cap1.53
Enterprise Value/Revenue0.82
Enterprise Value/Gross Profit4.16
Enterprise Value/Ebitda-28.81
Forecast
1Y Price Target
$68.30Price Target Upside17.94% Upside
Rating ConsensusHold
Number of Analyst Covering11
EPS Forecast (FY)1.87
Revenue Forecast (FY)$7.28B
Bulls Say, Bears Say
Bulls Say
Strong Cash GenerationPolaris has a demonstrated history of generating substantial free cash flow (over $600M prior year) and used proceeds to cut >$530M of debt in 2025. Durable cash generation supports dividends, deleveraging and capex, providing financial flexibility through multi‑quarter demand cycles.
Operational Improvement & Margin TailwindsLean implementation and higher factory utilization (approaching 70%) have produced more than $240M of structural savings. Those programmatic efficiency gains create sustainable margin support that can partially offset commodity and tariff pressure over the next several quarters.
Product Momentum And Market Share GainsDouble‑digit organic growth ex‑Indian, ORV share gains and a 25% seasonal lift in snowmobile retail indicate durable product competitiveness and successful launches. Steady retail/market share improvement supports recurring PG&A and aftermarket revenue and long‑term unit demand.
Bears Say
Elevated LeverageDebt roughly 1.9x equity and declining shareholder equity limit Polaris's financial flexibility. Until profitability and equity recover, elevated leverage raises refinancing and covenant risk in a downturn and constrains capital allocation priorities like buybacks or aggressive reinvestment.
Tariff And Policy HeadwindsSubstantial tariff exposure (~$215M) and shifting policy (IEEPA/232 timing/offsets) introduce persistent cost uncertainty. Even with mitigation plans, refund timing and policy shifts can erode margins and complicate multi‑period planning, making cost structure more volatile.
Volatile Cash Conversion & Earnings WeaknessWhile cash flow remained positive, free cash flow plunged ~71% TTM versus the prior annual period, reflecting weaker conversion and execution/cycle risk. Coupled with negative net margins, this volatility limits durable reinvestment and slows sustainable deleveraging until earnings normalize.
Polaris News
PII FAQ
What was Polaris Industries’s price range in the past 12 months?
Polaris Industries lowest stock price was $38.42 and its highest was $75.25 in the past 12 months.
What is Polaris Industries’s market cap?
Polaris Industries’s market cap is $3.88B.
When is Polaris Industries’s upcoming earnings report date?
Polaris Industries’s upcoming earnings report date is Jul 28, 2026 which is in 53 days.
How were Polaris Industries’s earnings last quarter?
Polaris Industries released its earnings results on Apr 28, 2026. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of -$0.393 by $0.523.
Is Polaris Industries overvalued?
According to Wall Street analysts Polaris Industries’s price is currently Undervalued.
Does Polaris Industries pay dividends?
Polaris Industries pays a Quarterly dividend of $0.67 which represents an annual dividend yield of 3.99%. See more information on Polaris Industries dividends here
What is Polaris Industries’s EPS estimate?
Polaris Industries’s EPS estimate is 0.72.
How many shares outstanding does Polaris Industries have?
Polaris Industries has 56,886,166 shares outstanding.
What happened to Polaris Industries’s price movement after its last earnings report?
Polaris Industries reported an EPS of $0.13 in its last earnings report, beating expectations of -$0.393. Following the earnings report the stock price went up 8.878%.
Which hedge fund is a major shareholder of Polaris Industries?
Currently, no hedge funds are holding shares in PII
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Polaris Stock Smart Score
Neutral
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Analyst Consensus
Hold
Average Price Target:
$68.30 (17.94% Upside)
$68.30 (17.94% Upside)
Blogger Sentiment
Bullish
PII Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 25.7K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▲ 0.4%
Last 30 Days ▼ 5.9%
Last 30 Days ▼ 5.9%
Technicals
SMA
Positive
20 days / 200 days
Momentum
75.62%
12-Months-Change
Fundamentals
Return on Equity
-45.60%
Trailing 12-Months
Asset Growth
-3.83%
Trailing 12-Months
Company Description
Polaris Industries
Polaris Inc. designs, engineers, manufactures, and markets power sports 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; snowmobiles and snow bikes conversion kit systems; motorcycles; and low emission, light duty hauling, passenger, and industrial vehicles. It also provides quadricycles and moto-roadsters; ORV accessories comprising winches, bumper, plows, racks, wheels and tires, pull-behinds, cab systems, lighting and audio systems, cargo box accessories, tracks, and oil; snowmobile accessories, which include covers, traction products, electric starters, reverse kits, tracks, bags, windshields, oil, and lubricants; and motorcycle accessories, such as saddle bags, handlebars, backrests, exhausts, windshields, seats, oil, and various chrome accessories. In addition, the company offers gear and apparel, such as helmets, jackets, gloves, pants, hats, goggles, boots, bibs, and leathers; and pontoon and deck boats. The company provides its products through dealers and distributors, and online; and aftermarket parts, garments, and accessories through 101 brick-and-mortar retail centers, call centers, and e-commerce sites. The company was formerly known as Polaris Industries Inc. Polaris Inc. was founded in 1954 and is headquartered in Medina, Minnesota.
PII Company Deck
PII Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed a strong operational quarter with notable wins: double-digit organic sales growth excluding Indian, meaningful margin expansion, EPS upside, robust product momentum, lean-driven savings and improved dealer inventory and cash generation. However, material and lingering external risks remain — primarily tariff-related costs (~$215M expected), recent Section 232 changes that offset IEEPA benefits, rising commodity costs, and consumer/geopolitical uncertainty — prompting management to maintain a conservative outlook. On balance, internal execution and financial performance significantly outweighed the external headwinds during the quarter, but the company remains cautious due to policy and macro uncertainty.View all PII earnings summariesPII Revenue Breakdown
78.17% Off Road
13.26% On Road
8.57% Marine
PII Stock 12 Month Forecast
Average Price Target
$68.30
▲(17.94% Upside)
Technical Analysis
Ownership Overview
1.35% Insiders
27.32% Mutual Funds
20.53% Other Institutional Investors
19.19% Public Companies and
Individual Investors