Thor Industries, Inc. (NYSE:THO) to Issue Quarterly Dividend of $0.52

Key Points

• Quarterly dividend of $0.52 declared, payable April 20 to shareholders of record April 6, implying an annualized dividend of $2.08 and a yield of about 2.5%.
• Quarterly results beat expectations: Thor reported $0.34 EPS (vs. $0.03 consensus) and $2.13B revenue (vs. $1.96B), and set FY2026 guidance of $3.75–$4.25 EPS with analysts forecasting roughly $4.64 for the year.
• Thor has raised dividends for 15 consecutive years and carries a payout ratio around 40.9% (projected ~33.4%), suggesting the dividend is reasonably covered by earnings.

Thor Industries, Inc. (NYSE:THO - Get Free Report) declared a quarterly dividend on Tuesday, March 24th. Shareholders of record on Monday, April 6th will be given a dividend of 0.52 per share by the RV manufacturer on Monday, April 20th. This represents a c) annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Monday, April 6th.

Thor Industries has raised its dividend payment by an average of 0.0%annually over the last three years and has increased its dividend every year for the last 15 years. Thor Industries has a payout ratio of 40.9% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Thor Industries to earn $6.22 per share next year, which means the company should continue to be able to cover its $2.08 annual dividend with an expected future payout ratio of 33.4%.

Thor Industries Trading Up 3.4%

Shares of THO opened at $83.19 on Wednesday. Thor Industries has a fifty-two week low of $63.15 and a fifty-two week high of $122.83. The firm has a market cap of $4.38 billion, a price-to-earnings ratio of 25.84, a PEG ratio of 1.56 and a beta of 1.43. The firm has a 50 day moving average price of $103.66 and a 200-day moving average price of $104.33. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.73 and a current ratio of 1.76.

Thor Industries (NYSE:THO - Get Free Report) last released its earnings results on Tuesday, March 3rd. The RV manufacturer reported $0.34 EPS for the quarter, beating the consensus estimate of $0.03 by $0.31. The company had revenue of $2.13 billion for the quarter, compared to analyst estimates of $1.96 billion. Thor Industries had a net margin of 3.02% and a return on equity of 6.96%. The firm's quarterly revenue was up 5.3% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.01) EPS. Thor Industries has set its FY 2026 guidance at 3.750-4.250 EPS. As a group, equities research analysts forecast that Thor Industries will post 4.64 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on THO shares. Citigroup reduced their price objective on Thor Industries from $116.00 to $100.00 and set a "neutral" rating on the stock in a research note on Wednesday, March 4th. DA Davidson lowered their target price on Thor Industries from $102.00 to $100.00 and set a "neutral" rating for the company in a research note on Wednesday, March 4th. UBS Group set a $97.00 target price on Thor Industries in a report on Thursday, December 4th. Truist Financial reduced their price target on Thor Industries from $112.00 to $109.00 and set a "hold" rating on the stock in a research report on Wednesday, March 11th. Finally, Roth Mkm boosted their price objective on Thor Industries from $93.00 to $97.00 and gave the company a "neutral" rating in a research report on Thursday, December 4th. Three equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $106.10.

Thor Industries Company Profile

Thor Industries, Inc is a leading manufacturer of recreational vehicles (RVs) and related components for the leisure travel market. Through its family of well-known brands—such as Airstream, Heartland, Jayco, Keystone RV and Thor Motor Coach—the company designs, manufactures and sells a broad range of motorized and towable RVs, complemented by aftermarket parts and service solutions. Thor offers products that span travel trailers, fifth wheels, toy haulers and Class A, B and C motorhomes, addressing both entry-level and premium segments.

Founded in 1980 when Wade Thompson and Peter Orthwein acquired Airstream from Beatrice Foods, Thor Industries has grown organically and through strategic acquisitions to become one of the largest RV producers in the world.

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