FY2026 EPS Estimates for Thor Industries Lowered by Analyst

Thor Industries, Inc. (NYSE:THO - Free Report) - Equities research analysts at DA Davidson cut their FY2026 earnings per share estimates for shares of Thor Industries in a report released on Wednesday, July 2nd. DA Davidson analyst G. Bryan now anticipates that the construction company will earn $4.00 per share for the year, down from their prior forecast of $4.61. DA Davidson has a "Hold" rating on the stock. The consensus estimate for Thor Industries' current full-year earnings is $4.64 per share.

A number of other equities research analysts have also recently issued reports on THO. Truist Financial upped their target price on Thor Industries from $72.00 to $78.00 and gave the stock a "hold" rating in a research report on Tuesday, June 3rd. Baird R W cut shares of Thor Industries from a "strong-buy" rating to a "hold" rating in a research note on Friday, April 4th. Robert W. Baird cut shares of Thor Industries from an "outperform" rating to a "neutral" rating and reduced their target price for the company from $100.00 to $85.00 in a research note on Friday, April 4th. BMO Capital Markets decreased their price target on shares of Thor Industries from $120.00 to $105.00 and set an "outperform" rating on the stock in a research note on Thursday, March 6th. Finally, Roth Capital set a $77.00 target price on Thor Industries and gave the stock a "neutral" rating in a report on Monday, June 9th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, Thor Industries has a consensus rating of "Hold" and a consensus price target of $87.63.

Thor Industries Price Performance

NYSE THO opened at $92.55 on Friday. The company has a 50 day simple moving average of $82.68 and a 200-day simple moving average of $87.24. The firm has a market capitalization of $4.92 billion, a price-to-earnings ratio of 22.19, a price-to-earnings-growth ratio of 1.92 and a beta of 1.21. Thor Industries has a 52-week low of $63.16 and a 52-week high of $118.85. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.71 and a quick ratio of 0.90.

Thor Industries (NYSE:THO - Get Free Report) last posted its earnings results on Wednesday, June 4th. The construction company reported $2.53 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.79 by $0.74. The firm had revenue of $2.89 billion during the quarter, compared to analyst estimates of $2.60 billion. Thor Industries had a net margin of 2.32% and a return on equity of 6.15%. Thor Industries's revenue was up 3.3% on a year-over-year basis. During the same period in the previous year, the business posted $2.13 EPS.

Thor Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Tuesday, July 1st will be issued a $0.50 dividend. The ex-dividend date of this dividend is Tuesday, July 1st. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.16%. Thor Industries's dividend payout ratio (DPR) is presently 47.96%.

Thor Industries declared that its Board of Directors has initiated a share repurchase plan on Monday, June 23rd that allows the company to repurchase $400.00 million in outstanding shares. This repurchase authorization allows the construction company to purchase up to 8.8% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company's board of directors believes its shares are undervalued.

Insider Activity at Thor Industries

In related news, Director Peter Busch Orthwein acquired 3,000 shares of the company's stock in a transaction dated Friday, June 20th. The shares were bought at an average price of $85.40 per share, for a total transaction of $256,200.00. Following the purchase, the director directly owned 136,400 shares in the company, valued at approximately $11,648,560. This trade represents a 2.25% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 4.50% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Thor Industries

A number of institutional investors have recently made changes to their positions in THO. Atala Financial Inc acquired a new stake in Thor Industries during the fourth quarter worth about $27,000. UMB Bank n.a. grew its holdings in shares of Thor Industries by 135.6% during the first quarter. UMB Bank n.a. now owns 483 shares of the construction company's stock worth $37,000 after purchasing an additional 278 shares during the last quarter. Brown Brothers Harriman & Co. grew its holdings in Thor Industries by 369.7% during the 4th quarter. Brown Brothers Harriman & Co. now owns 418 shares of the construction company's stock worth $40,000 after acquiring an additional 329 shares during the last quarter. Tortoise Investment Management LLC increased its holdings in Thor Industries by 78.3% in the fourth quarter. Tortoise Investment Management LLC now owns 576 shares of the construction company's stock valued at $55,000 after purchasing an additional 253 shares during the period. Finally, Proficio Capital Partners LLC acquired a new position in Thor Industries during the 4th quarter worth about $58,000. Institutional investors own 96.71% of the company's stock.

Thor Industries Company Profile

THOR Industries, Inc designs, manufactures, and sells recreational vehicles (RVs), and related parts and accessories in the United States, Canada, and Europe. The company offers travel trailers; gasoline and diesel Class A, Class B, and Class C motorhomes; conventional travel trailers and fifth wheels; luxury fifth wheels; and motorcaravans, caravans, campervans, and urban vehicles.

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