Thor Industries FY2026 EPS Forecast Cut by Zacks Research

Thor Industries, Inc. (NYSE:THO - Free Report) - Research analysts at Zacks Research dropped their FY2026 EPS estimates for Thor Industries in a research report issued on Wednesday, June 25th. Zacks Research analyst R. Department now forecasts that the construction company will post earnings per share of $4.44 for the year, down from their prior forecast of $4.52. The consensus estimate for Thor Industries' current full-year earnings is $4.64 per share. Zacks Research also issued estimates for Thor Industries' Q4 2026 earnings at $1.75 EPS and FY2027 earnings at $5.86 EPS.

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

Other equities research analysts have also recently issued reports about the stock. BMO Capital Markets dropped their target price on shares of Thor Industries from $120.00 to $105.00 and set an "outperform" rating on the stock in a report on Thursday, March 6th. Wall Street Zen upgraded Thor Industries from a "sell" rating to a "hold" rating in a research note on Friday, June 6th. KeyCorp raised their price objective on Thor Industries from $60.00 to $65.00 and gave the company an "underweight" rating in a research report on Friday, May 30th. Citigroup downgraded Thor Industries from a "buy" rating to a "neutral" rating and reduced their target price for the stock from $94.00 to $86.00 in a research note on Wednesday, March 19th. Finally, Roth Capital set a $77.00 price target on Thor Industries and gave the company a "neutral" rating in a research note on Monday, June 9th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $87.63.

Thor Industries Price Performance

Shares of THO opened at $88.68 on Friday. The company has a current ratio of 1.71, a quick ratio of 0.90 and a debt-to-equity ratio of 0.24. The company's fifty day simple moving average is $80.69 and its 200 day simple moving average is $87.72. Thor Industries has a 1-year low of $63.16 and a 1-year high of $118.85. The company has a market cap of $4.72 billion, a price-to-earnings ratio of 21.27, a PEG ratio of 1.80 and a beta of 1.21.

Thor Industries Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Tuesday, July 1st will be paid a $0.50 dividend. The ex-dividend date is Tuesday, July 1st. This represents a $2.00 annualized dividend and a yield of 2.26%. Thor Industries's dividend payout ratio (DPR) is presently 47.96%.

Thor Industries declared that its board has initiated a share buyback 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 reacquire up to 8.8% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's leadership believes its stock is undervalued.

Insider Buying and Selling at Thor Industries

In other Thor Industries news, Director Peter Busch Orthwein bought 3,000 shares of the stock in a transaction dated Friday, June 20th. The shares were bought at an average cost of $85.40 per share, with a total value of $256,200.00. Following the completion of the acquisition, the director now owns 136,400 shares of the company's stock, valued at $11,648,560. This trade represents a 2.25% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 4.50% of the company's stock.

Institutional Trading of Thor Industries

Institutional investors have recently modified their holdings of the stock. Atala Financial Inc bought a new stake in shares of Thor Industries during the 4th quarter worth approximately $27,000. First Horizon Advisors Inc. boosted its holdings in shares of Thor Industries by 57.3% in the 4th quarter. First Horizon Advisors Inc. now owns 332 shares of the construction company's stock valued at $32,000 after purchasing an additional 121 shares in the last quarter. Brown Brothers Harriman & Co. increased its stake in shares of Thor Industries by 369.7% in the 4th quarter. Brown Brothers Harriman & Co. now owns 418 shares of the construction company's stock valued at $40,000 after purchasing an additional 329 shares during the last quarter. UMB Bank n.a. raised its holdings in shares of Thor Industries by 135.6% during the 1st quarter. UMB Bank n.a. now owns 483 shares of the construction company's stock worth $37,000 after buying an additional 278 shares in the last quarter. Finally, Tortoise Investment Management LLC lifted its position in shares of Thor Industries by 78.3% during the 4th quarter. Tortoise Investment Management LLC now owns 576 shares of the construction company's stock worth $55,000 after buying an additional 253 shares during the last quarter. 96.71% of the stock is currently owned by institutional investors.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.