Zacks Research Cuts Earnings Estimates for Thor Industries

Key Points

• Zacks Research cut Q2 2027 EPS estimates for Thor Industries to $0.31 from $0.39 and maintains a "Hold" rating, while projecting a Q3 2027 EPS of $2.09 and a current full-year consensus of $4.64.
• Thor recently beat the prior-quarter expectations, reporting $0.34 EPS (vs. $0.03 expected) and $2.13 billion in revenue, and the company set FY2026 guidance of $3.75–$4.25 EPS.
• Shares opened near $79.19 and were up about 3.9%, the stock carries a consensus "Hold" with an average price target of $106.10, and Thor declared a $0.52 quarterly dividend (annualized $2.08, ~2.6% yield).

Thor Industries, Inc. (NYSE:THO - Free Report) - Stock analysts at Zacks Research decreased their Q2 2027 earnings estimates for Thor Industries in a research report issued to clients and investors on Wednesday, April 8th. Zacks Research analyst Team now forecasts that the RV manufacturer will post earnings of $0.31 per share for the quarter, down from their previous estimate of $0.39. Zacks Research 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' Q3 2027 earnings at $2.09 EPS.

Thor Industries (NYSE:THO - Get Free Report) last issued its earnings results on Tuesday, March 3rd. The RV manufacturer reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.31. The business had revenue of $2.13 billion during the quarter, compared to analysts' expectations of $1.96 billion. Thor Industries had a net margin of 3.02% and a return on equity of 6.96%. The business's revenue for the quarter was up 5.3% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.01) earnings per share. Thor Industries has set its FY 2026 guidance at 3.750-4.250 EPS.

THO has been the subject of several other reports. BMO Capital Markets decreased their target price on shares of Thor Industries from $135.00 to $125.00 and set an "outperform" rating for the company in a report on Wednesday, March 4th. Truist Financial decreased their price objective on shares of Thor Industries from $112.00 to $109.00 and set a "hold" rating for the company in a report on Wednesday, March 11th. Citigroup decreased their price objective on shares of Thor Industries from $116.00 to $100.00 and set a "neutral" rating for the company in a report on Wednesday, March 4th. Weiss Ratings reissued a "hold (c)" rating on shares of Thor Industries in a report on Wednesday, January 21st. Finally, Wall Street Zen cut shares of Thor Industries from a "buy" rating to a "hold" rating in a report on Saturday, March 7th. Three analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $106.10.

Thor Industries Stock Up 3.9%

Shares of Thor Industries stock opened at $79.19 on Thursday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.73 and a current ratio of 1.76. The stock has a market capitalization of $4.17 billion, a PE ratio of 24.59, a price-to-earnings-growth ratio of 1.50 and a beta of 1.45. Thor Industries has a 52-week low of $63.15 and a 52-week high of $122.83. The company has a 50-day simple moving average of $95.70 and a two-hundred day simple moving average of $102.20.

Thor Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 20th. Stockholders of record on Monday, April 6th will be issued a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Monday, April 6th. Thor Industries's payout ratio is presently 64.60%.

Insider Activity at Thor Industries

In other Thor Industries news, Director Peter Busch Orthwein bought 2,600 shares of Thor Industries stock in a transaction on Friday, March 6th. The stock was acquired at an average cost of $88.25 per share, with a total value of $229,450.00. Following the completion of the acquisition, the director owned 139,000 shares in the company, valued at approximately $12,266,750. This represents a 1.91% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, COO W. Todd Woelfer sold 4,567 shares of the company's stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $114.84, for a total transaction of $524,474.28. Following the sale, the chief operating officer directly owned 104,109 shares of the company's stock, valued at approximately $11,955,877.56. This represents a 4.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 4.70% of the stock is owned by insiders.

Institutional Trading of Thor Industries

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in THO. Life Cycle Investment Partners Ltd purchased a new stake in Thor Industries during the fourth quarter valued at approximately $255,482,000. Balyasny Asset Management L.P. increased its holdings in Thor Industries by 130.2% during the fourth quarter. Balyasny Asset Management L.P. now owns 1,081,238 shares of the RV manufacturer's stock valued at $111,011,000 after buying an additional 611,639 shares during the last quarter. Bbfit Investments PTE Ltd. purchased a new stake in Thor Industries during the fourth quarter valued at approximately $27,076,000. Norges Bank purchased a new stake in Thor Industries during the fourth quarter valued at approximately $21,729,000. Finally, American Century Companies Inc. increased its holdings in Thor Industries by 16.7% during the third quarter. American Century Companies Inc. now owns 1,362,071 shares of the RV manufacturer's stock valued at $141,233,000 after buying an additional 195,357 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 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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