Thor Industries, Inc. (NYSE:THO - Free Report) - Research analysts at Zacks Research issued their FY2028 earnings per share (EPS) estimates for Thor Industries in a research report issued on Wednesday, October 15th. Zacks Research analyst Team expects that the RV manufacturer will post earnings per share of $5.41 for the year. Zacks Research has a "Hold" rating on the stock. The consensus estimate for Thor Industries' current full-year earnings is $4.64 per share.
THO has been the topic of a number of other research reports. DA Davidson increased their target price on Thor Industries from $78.00 to $102.00 and gave the company a "neutral" rating in a research report on Tuesday, September 30th. KeyCorp upgraded Thor Industries from an "underweight" rating to a "sector weight" rating in a research report on Friday, August 1st. BMO Capital Markets increased their price objective on Thor Industries from $105.00 to $115.00 and gave the company an "outperform" rating in a research note on Friday, September 26th. Weiss Ratings reiterated a "hold (c)" rating on shares of Thor Industries in a research note on Wednesday, October 8th. Finally, Truist Financial decreased their target price on Thor Industries from $115.00 to $110.00 and set a "hold" rating for the company in a research note on Thursday, October 9th. Two analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $104.00.
Read Our Latest Report on THO
Thor Industries Price Performance
Shares of THO stock opened at $104.24 on Thursday. Thor Industries has a fifty-two week low of $63.15 and a fifty-two week high of $118.85. The firm has a market capitalization of $5.49 billion, a price-to-earnings ratio of 25.00, a PEG ratio of 1.82 and a beta of 1.35. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.90 and a current ratio of 1.75. The stock's 50-day simple moving average is $105.87 and its 200-day simple moving average is $90.62.
Thor Industries Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, November 6th. Stockholders of record on Thursday, October 23rd will be given a $0.52 dividend. This is an increase from Thor Industries's previous quarterly dividend of $0.50. This represents a $2.08 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Thursday, October 23rd. Thor Industries's dividend payout ratio (DPR) is currently 47.96%.
Thor Industries announced that its Board of Directors has approved a stock buyback program on Monday, June 23rd that permits the company to buyback $400.00 million in shares. This buyback authorization permits the RV manufacturer to repurchase up to 8.8% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's board of directors believes its stock is undervalued.
Institutional Trading of Thor Industries
Several institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its position in shares of Thor Industries by 6.5% in the first quarter. Vanguard Group Inc. now owns 5,376,681 shares of the RV manufacturer's stock valued at $407,606,000 after acquiring an additional 326,584 shares in the last quarter. ACR Alpine Capital Research LLC lifted its position in Thor Industries by 22.5% during the second quarter. ACR Alpine Capital Research LLC now owns 4,265,031 shares of the RV manufacturer's stock worth $378,777,000 after buying an additional 782,114 shares during the period. Dimensional Fund Advisors LP lifted its position in Thor Industries by 1.0% during the first quarter. Dimensional Fund Advisors LP now owns 2,959,547 shares of the RV manufacturer's stock worth $224,364,000 after buying an additional 29,012 shares during the period. Timucuan Asset Management Inc. FL lifted its position in Thor Industries by 9.2% during the second quarter. Timucuan Asset Management Inc. FL now owns 2,674,398 shares of the RV manufacturer's stock worth $237,513,000 after buying an additional 225,997 shares during the period. Finally, Southpoint Capital Advisors LP lifted its position in Thor Industries by 106.2% during the first quarter. Southpoint Capital Advisors LP now owns 1,250,000 shares of the RV manufacturer's stock worth $94,762,000 after buying an additional 643,851 shares during the period. 96.71% of the stock is currently owned by hedge funds and other institutional investors.
Thor Industries Company Profile
(
Get Free Report)
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.
Featured Stories

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.
Before you consider Thor Industries, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Thor Industries wasn't on the list.
While Thor Industries currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.