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 paid a dividend of $0.40 per share on Friday, November 8th. This represents a $1.60 annualized dividend and a yield of 2.38%. The ex-dividend date of this dividend 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 declared that its Board of Directors has approved a stock repurchase plan on Wednesday, June 20th 2018, which authorizes the company to repurchase $250,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 4.8% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company's board believes its stock is undervalued.

Thor Industries, Inc. (NYSE:THO) issued its earnings results on Monday, September, 30th. The construction company reported $1.70 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.43 by $0.27. The construction company earned $2.31 billion during the quarter, compared to analyst estimates of $2.35 billion. Thor Industries had a net margin of 1.69% and a return on equity of 15.50%. The company's quarterly revenue was up 23.3% on a year-over-year basis. During the same period last year, the firm earned $1.67 earnings per share. 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 brokerages have issued twelve-month target prices for Thor Industries' shares. Their forecasts range from $47.00 to $80.00. On average, they expect Thor Industries' share price to reach $66.13 in the next twelve months. This suggests that the stock has a possible downside of 1.7%. 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.

News stories about THO stock have trended very negative recently, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Thor Industries earned a daily sentiment score of -3.2 on InfoTrie's scale. They also assigned news articles about the construction company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the near future. View News Stories for Thor Industries.

Thor Industries saw a increase in short interest in October. As of October 31st, there was short interest totalling 8,930,000 shares, an increase of 35.3% from the September 30th total of 6,600,000 shares. Based on an average daily trading volume, of 1,060,000 shares, the short-interest ratio is presently 8.4 days. Approximately 17.0% of the shares of the stock 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), RPM International (RPM) and Lennox International (LII).

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 institutional and retail 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 bought 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 $67.28.

Thor Industries has a market capitalization of $3.71 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]