Zacks Research Expects Lower Earnings for Thor Industries

Key Points

• Zacks Research lowered its Q3 2027 EPS forecast for Thor Industries to $1.91 from $1.99 and maintains a “Strong Sell” rating. It projects FY2027 EPS of $3.64 and FY2028 EPS of $4.53.
• Thor’s latest quarterly results fell slightly short of expectations, with EPS of $1.86 versus the $1.88 consensus, while revenue reached $2.78 billion and declined 3.9% year over year. The company’s FY2026 EPS guidance remains $3.30–$3.80.
• Analyst sentiment is broadly neutral: three analysts rate the stock Buy, ten Hold and one Sell, producing an average “Hold” rating and a $92.33 price target. Thor also pays a quarterly dividend of $0.52 per share, yielding 2.6%.

Thor Industries, Inc. (NYSE:THO - Free Report) - Stock analysts at Zacks Research dropped their Q3 2027 EPS estimates for Thor Industries in a research report issued on Friday, August 7th. Zacks Research analyst Team now forecasts that the RV manufacturer will post earnings per share of $1.91 for the quarter, down from their previous estimate of $1.99. Zacks Research currently has a "Strong Sell" rating on the stock. The consensus estimate for Thor Industries' current full-year earnings is $3.20 per share. Zacks Research also issued estimates for Thor Industries' FY2027 earnings at $3.64 EPS, Q3 2028 earnings at $1.59 EPS and FY2028 earnings at $4.53 EPS.

A number of other research firms have also recently issued reports on THO. Loop Capital raised their price objective on Thor Industries from $90.00 to $96.00 and gave the company a "buy" rating in a research report on Thursday, June 4th. Seaport Research Partners initiated coverage on Thor Industries in a report on Monday, April 20th. They set a "neutral" rating for the company. Argus upgraded shares of Thor Industries to a "hold" rating in a report on Friday, June 12th. Truist Financial cut their target price on shares of Thor Industries from $109.00 to $80.00 and set a "hold" rating for the company in a research note on Wednesday, July 8th. Finally, Weiss Ratings lowered shares of Thor Industries from a "hold (c)" rating to a "hold (c-)" rating in a research note on Thursday, June 18th. Three research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and an average price target of $92.33.

Thor Industries Stock Up 0.1%

Thor Industries stock opened at $79.63 on Monday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.71 and a quick ratio of 0.80. The company's 50-day moving average is $76.05 and its 200-day moving average is $85.24. The firm has a market capitalization of $4.15 billion, a PE ratio of 34.47, a P/E/G ratio of 1.55 and a beta of 1.33. Thor Industries has a fifty-two week low of $69.71 and a fifty-two week high of $122.83.

Thor Industries (NYSE:THO - Get Free Report) last issued its earnings results on Wednesday, June 3rd. The RV manufacturer reported $1.86 earnings per share for the quarter, missing analysts' consensus estimates of $1.88 by ($0.02). The firm had revenue of $2.78 billion for the quarter, compared to analyst estimates of $2.67 billion. Thor Industries had a return on equity of 5.74% and a net margin of 2.67%.Thor Industries's quarterly revenue was down 3.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.53 earnings per share. Thor Industries has set its FY 2026 guidance at 3.300-3.800 EPS.

Thor Industries Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date was Wednesday, July 1st. Thor Industries's dividend payout ratio is presently 90.04%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of THO. V Square Quantitative Management LLC acquired a new stake in Thor Industries during the fourth quarter worth about $29,000. Curio Wealth LLC acquired a new stake in shares of Thor Industries during the 4th quarter worth approximately $36,000. Danske Bank A S bought a new position in Thor Industries in the third quarter valued at approximately $41,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in Thor Industries during the fourth quarter valued at approximately $51,000. Finally, CIBC Private Wealth Group LLC lifted its stake in Thor Industries by 83.0% during the third quarter. CIBC Private Wealth Group LLC now owns 538 shares of the RV manufacturer's stock worth $56,000 after purchasing an additional 244 shares during the last quarter. Institutional investors own 96.71% of the company's stock.

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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