Polaris Inc. (NYSE:PII) Increases Dividend to $0.68 Per Share

Polaris Inc. (NYSE:PII) announced a quarterly dividend on Thursday, January 29th. Stockholders of record on Monday, March 2nd will be paid a dividend of 0.68 per share on Monday, March 16th. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. 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 raised its dividend payment by an average of 0.0%annually over the last three years and has increased its dividend annually for the last 30 consecutive years. Polaris has a payout ratio of 1,072.0% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities 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 Stock Performance

Shares of NYSE PII traded down $0.44 during trading hours on Friday, reaching $64.24. 79,149 shares of the stock were exchanged, compared to its average volume of 939,300. Polaris has a 52 week low of $30.92 and a 52 week high of $75.25. The company has a debt-to-equity ratio of 1.81, a quick ratio of 0.36 and a current ratio of 0.98. The stock’s fifty day simple moving average is $67.69 and its 200 day simple moving average is $61.94. The firm has a market capitalization of $3.61 billion, a price-to-earnings ratio of -7.84, a P/E/G ratio of 2.11 and a beta of 1.14.

Polaris (NYSE:PII) last announced its quarterly earnings data on Tuesday, January 27th. The company reported $0.08 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.02. The firm had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $1.82 billion. Polaris had a negative return on equity of 0.05% and a negative net margin of 6.51%.The company’s quarterly revenue was up 9.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $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. Sell-side analysts predict that Polaris will post 1.11 EPS for the current year.

Insiders Place Their Bets

In other news, SVP James P. Williams sold 4,554 shares of the company’s 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 transaction, the senior vice president directly owned 43,878 shares of the company’s stock, valued at approximately $2,963,081.34. This represents a 9.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 3.12% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Polaris

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

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.