Zacks Research Boosts Earnings Estimates for Thor Industries

Key Points

• Zacks Research has increased its earnings estimates for Thor Industries, projecting Q1 2026 earnings per share at $0.18, up from a previous estimate of $0.04.
• Thor Industries has introduced a $400 million stock buyback plan, allowing the company to repurchase up to 8.8% of its shares, suggesting management believes the shares are undervalued.
• The company recently declared a quarterly dividend of $0.50 per share, representing an annualized yield of 1.8% and a payout ratio of approximately 48%.

Thor Industries, Inc. (NYSE:THO - Free Report) - Stock analysts at Zacks Research upped their Q1 2026 earnings per share estimates for Thor Industries in a report released on Thursday, September 4th. Zacks Research analyst Team now forecasts that the construction company will post earnings of $0.18 per share for the quarter, up from their prior estimate of $0.04. Zacks Research currently has a "Hold" rating on the stock. The consensus estimate for Thor Industries' current full-year earnings is $4.64 per share. Zacks Research also issued estimates for Thor Industries' Q2 2026 earnings at $0.13 EPS, Q1 2027 earnings at $1.00 EPS and Q3 2027 earnings at $2.06 EPS.

A number of other brokerages have also recently weighed in on THO. Roth Capital set a $77.00 price objective on Thor Industries and gave the company a "neutral" rating in a research note on Monday, June 9th. KeyCorp raised Thor Industries from an "underweight" rating to a "sector weight" rating in a research note on Friday, August 1st. Wall Street Zen raised Thor Industries from a "sell" rating to a "hold" rating in a research note on Friday, June 6th. Truist Financial boosted their target price on Thor Industries from $86.00 to $115.00 and gave the stock a "hold" rating in a research note on Wednesday, September 3rd. Finally, Citigroup reissued a "neutral" rating and set a $100.00 target price (up from $88.00) on shares of Thor Industries in a research note on Tuesday, August 12th. Two investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat.com, Thor Industries presently has an average rating of "Hold" and an average target price of $94.00.

Thor Industries Trading Up 0.5%

Shares of NYSE THO opened at $112.32 on Monday. Thor Industries has a twelve month low of $63.15 and a twelve month high of $118.85. 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 stock has a fifty day simple moving average of $98.81 and a 200-day simple moving average of $87.03. The stock has a market capitalization of $5.98 billion, a PE ratio of 26.94, a PEG ratio of 2.24 and a beta of 1.33.

Thor Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Tuesday, July 1st were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend was Tuesday, July 1st. Thor Industries's payout ratio is 47.96%.

Thor Industries announced that its board has approved a stock buyback plan on Monday, June 23rd that authorizes the company to buyback $400.00 million in shares. This buyback authorization authorizes the construction company to purchase up to 8.8% of its shares through open market purchases. Shares buyback plans are often an indication that the company's leadership believes its shares are undervalued.

Insider Transactions at Thor Industries

In other Thor Industries news, Director Peter Busch Orthwein purchased 3,000 shares of the firm's stock in a transaction on Friday, June 20th. The stock was bought at an average cost of $85.40 per share, with a total value of $256,200.00. Following the acquisition, the director directly owned 136,400 shares of the company's stock, valued at approximately $11,648,560. This represents a 2.25% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 4.50% of the stock is owned by company insiders.

Institutional Trading of Thor Industries

Institutional investors have recently bought and sold shares of the business. Principal Financial Group Inc. lifted its holdings in shares of Thor Industries by 0.6% in the 1st quarter. Principal Financial Group Inc. now owns 122,374 shares of the construction company's stock valued at $9,277,000 after purchasing an additional 755 shares during the last quarter. Crossmark Global Holdings Inc. lifted its holdings in shares of Thor Industries by 4.2% in the 1st quarter. Crossmark Global Holdings Inc. now owns 3,560 shares of the construction company's stock valued at $270,000 after purchasing an additional 145 shares during the last quarter. Oppenheimer & Co. Inc. lifted its holdings in shares of Thor Industries by 7.5% in the 1st quarter. Oppenheimer & Co. Inc. now owns 3,281 shares of the construction company's stock valued at $249,000 after purchasing an additional 228 shares during the last quarter. QRG Capital Management Inc. lifted its holdings in shares of Thor Industries by 33.5% in the 1st quarter. QRG Capital Management Inc. now owns 20,453 shares of the construction company's stock valued at $1,551,000 after purchasing an additional 5,136 shares during the last quarter. Finally, Teacher Retirement System of Texas raised its stake in Thor Industries by 6.0% during the 1st quarter. Teacher Retirement System of Texas now owns 13,211 shares of the construction company's stock valued at $1,002,000 after acquiring an additional 749 shares during the last quarter. 96.71% of the stock is owned by hedge funds and other institutional investors.

About Thor Industries

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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