Polaris Industries Inc. (NYSE:PII) announced a quarterly dividend on Thursday, October 24th, Zacks reports. Investors of record on Monday, December 2nd will be given a dividend of 0.61 per share on Monday, December 16th. This represents a $2.44 annualized dividend and a dividend yield of 2.44%. The ex-dividend date is Friday, November 29th.
PII opened at $100.20 on Thursday. The company’s 50 day simple moving average is $97.49 and its 200 day simple moving average is $89.55. The company has a debt-to-equity ratio of 1.77, a quick ratio of 0.31 and a current ratio of 1.13. Polaris Industries has a 1 year low of $70.27 and a 1 year high of $104.25. The stock has a market capitalization of $6.12 billion, a PE ratio of 15.27, a P/E/G ratio of 1.33 and a beta of 1.48.
Polaris Industries (NYSE:PII) last released its earnings results on Tuesday, October 22nd. The company reported $1.68 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.58 by $0.10. Polaris Industries had a net margin of 4.74% and a return on equity of 42.27%. The business had revenue of $1.77 billion for the quarter, compared to analysts’ expectations of $1.78 billion. During the same period last year, the company earned $1.86 earnings per share. The company’s quarterly revenue was up 7.3% on a year-over-year basis. As a group, sell-side analysts expect that Polaris Industries will post 6.28 earnings per share for the current fiscal year.
About Polaris Industries
Polaris Industries Inc designs, engineers, manufactures, and markets power sports vehicles worldwide. It operates in five segments: ORV/Snowmobiles, Motorcycles, Global Adjacent Markets, Aftermarket, and Boats. The company offers off-road vehicles (ORVs), including all-terrain vehicles and side-by-side vehicles; snowmobiles and snow bike conversion kit systems; motorcycles; low emission, light duty hauling, passenger, and industrial vehicles; and boats.
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