Thor Industries Stock Price, Forecast & Analysis (NYSE:THO)

Thor Industries trades on the New York Stock Exchange (NYSE) under the ticker symbol "THO."

Thor Industries declared a quarterly dividend on Thursday, October 10th. Shareholders of record on Friday, October 25th will be given a dividend of $0.40 per share on Friday, November 8th. This represents a $1.60 dividend on an annualized basis and a yield of 2.40%. The ex-dividend date is Thursday, October 24th. This is a positive change from Thor Industries's previous quarterly dividend of $0.39. View Thor Industries' Dividend History.

Thor Industries announced that its board has authorized a stock repurchase program on Wednesday, June 20th 2018, which authorizes the company to buyback $250,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 4.8% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's management believes its stock is undervalued.

Thor Industries, Inc. (NYSE:THO) posted its earnings results on Monday, September, 30th. The construction company reported $1.70 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.43 by $0.27. The construction company earned $2.31 billion during the quarter, compared to the consensus estimate of $2.35 billion. Thor Industries had a return on equity of 15.50% and a net margin of 1.69%. The company's revenue for the quarter was up 23.3% on a year-over-year basis. During the same period in the prior year, the business earned $1.67 EPS. View Thor Industries' Earnings History.

Thor Industries is scheduled to release their next quarterly earnings announcement on Monday, December 9th 2019. View Earnings Estimates for Thor Industries.

Thor Industries updated its FY 2025 earnings guidance on Monday, October, 14th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $14-14 billion.

12 Wall Street analysts have issued 1 year price objectives for Thor Industries' stock. Their forecasts range from $47.00 to $80.00. On average, they expect Thor Industries' stock price to reach $66.13 in the next year. This suggests that the stock has a possible downside of 0.9%. View Analyst Price Targets for Thor Industries.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Thor Industries in the last year. There are currently 2 sell ratings, 7 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Thor Industries.

Headlines about THO stock have trended very negative recently, according to InfoTrie Sentiment. The research firm identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Thor Industries earned a media sentiment score of -3.2 on InfoTrie's scale. They also gave news coverage about the construction company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Thor Industries.

Thor Industries saw a increase in short interest in the month of October. As of October 15th, there was short interest totalling 8,930,000 shares, an increase of 35.3% from the September 15th total of 6,600,000 shares. Based on an average daily volume of 1,060,000 shares, the short-interest ratio is currently 8.4 days. Currently, 17.0% of the shares of the company are sold short. View Thor Industries' Current Options Chain.

Some companies that are related to Thor Industries include CHINA RWY GRP L/ADR (CRWOY), SEKISUI HOUSE L/S (SKHSY), Lennar (LEN.B), HEIDELBERGCEMEN/ADR (HDELY), Masco (MAS), Jacobs Engineering Group (JEC), CHINA COMMUNICA/ADR (CCCGY), Rollins (ROL), NVR (NVR), Nippon Paint (NPCPF), United Rentals (URI), PulteGroup (PHM), Atlas Copco (ALFVY), Lennox International (LII) and RPM International (RPM).

Based on aggregate information from My MarketBeat watchlists, some companies that other Thor Industries investors own include NVIDIA (NVDA), Alibaba Group (BABA), Applied Materials (AMAT), Lam Research (LRCX), Micron Technology (MU), Netflix (NFLX), Home Depot (HD), Adobe (ADBE), Western Digital (WDC) and Boeing (BA).

Thor Industries' stock is owned by many different of retail and institutional investors. Top institutional investors include Ardevora Asset Management LLP (1.56%), Envestnet Asset Management Inc. (0.79%), Reinhart Partners Inc. (0.77%), Waratah Capital Advisors Ltd. (0.43%), Scout Investments Inc. (0.41%) and Carillon Tower Advisers Inc. (0.27%). Company insiders that own Thor Industries stock include Alan Siegel, James L Ziemer, Jan Suwinski, Peter Busch Orthwein and Robert W Martin. View Institutional Ownership Trends for Thor Industries.

THO stock was sold by a variety of institutional investors in the last quarter, including State of New Jersey Common Pension Fund D, Scout Investments Inc., Carillon Tower Advisers Inc., First Trust Advisors LP, Pegasus Partners Ltd., BB&T Securities LLC, Russell Investments Group Ltd. and BB&T Corp. View Insider Buying and Selling for Thor Industries.

THO stock was purchased by a variety of institutional investors in the last quarter, including Waratah Capital Advisors Ltd., Ardevora Asset Management LLP, Envestnet Asset Management Inc., California Public Employees Retirement System, Triad Investment Management, Sciencast Management LP, SG Americas Securities LLC and SFE Investment Counsel. Company insiders that have bought Thor Industries stock in the last two years include James L Ziemer, Jan Suwinski and Robert W Martin. View Insider Buying and Selling for Thor Industries.

Shares of THO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of THO stock can currently be purchased for approximately $66.75.

Thor Industries has a market capitalization of $3.68 billion and generates $7.86 billion in revenue each year. The construction company earns $133.27 million in net income (profit) each year or $5.18 on an earnings per share basis. Thor Industries employs 21,750 workers across the globe.View Additional Information About Thor Industries.

The official website for Thor Industries is http://www.thorindustries.com/.

Thor Industries' mailing address is 601 EAST BEARDSLEY AVENUE, ELKHART IN, 46514. The construction company can be reached via phone at 574-970-7460 or via email at [email protected]