Thor Industries Stock Forecast, Price & News

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Thor Industries in the last twelve months. There are currently 3 sell ratings, 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Thor Industries stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in THO, but not buy additional shares or sell existing shares.
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10 analysts have issued twelve-month price targets for Thor Industries' shares. Their THO stock forecasts range from $60.00 to $140.00. On average, they expect Thor Industries' stock price to reach $86.11 in the next year. This suggests a possible upside of 8.2% from the stock's current price.
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Thor Industries' stock was trading at $103.77 at the start of the year. Since then, THO stock has decreased by 23.3% and is now trading at $79.57.
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Thor Industries is scheduled to release its next quarterly earnings announcement on Tuesday, September 27th 2022.
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Thor Industries, Inc. (NYSE:THO) announced its earnings results on Wednesday, June, 8th. The construction company reported $6.32 EPS for the quarter, topping analysts' consensus estimates of $4.87 by $1.45. The construction company earned $4.66 billion during the quarter, compared to analysts' expectations of $4.18 billion. Thor Industries had a trailing twelve-month return on equity of 34.04% and a net margin of 6.76%. The business's quarterly revenue was up 34.6% on a year-over-year basis. During the same period last year, the company posted $3.29 EPS.
View Thor Industries' earnings history.

Thor Industries declared a quarterly dividend on Wednesday, June 22nd. Stockholders of record on Tuesday, July 5th will be given a dividend of $0.43 per share on Tuesday, July 19th. This represents a $1.72 annualized dividend and a yield of 2.16%. The ex-dividend date is Friday, July 1st.
View Thor Industries' dividend history.

Thor Industries(NYSE:THO) pays an annual dividend of $1.72 per share and currently has a dividend yield of 2.25%. Thor Industries has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Thor Industries is 8.79%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Thor Industries will have a dividend payout ratio of 16.78% next year. This indicates that Thor Industries will be able to sustain or increase its dividend.
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Thor Industries announced that its board has approved a stock buyback plan on Tuesday, December 21st 2021, which permits the company to buyback $250,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to buy up to 4.3% of its shares through open market purchases. Shares buyback plans are usually an indication that the company's leadership believes its shares are undervalued.

Some companies that are related to Thor Industries include Tesla (TSLA), General Motors (GM), Ford Motor (F), Fisker (FSR), Nikola (NKLA), Winnebago Industries (WGO) and XL Fleet (XL).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Thor Industries investors own include NVIDIA (NVDA), Micron Technology (MU), Applied Materials (AMAT), Advanced Micro Devices (AMD), Alibaba Group (BABA), Home Depot (HD), Lam Research (LRCX), Pfizer (PFE), AbbVie (ABBV) and Boeing (BA).

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

Shares of THO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of THO stock can currently be purchased for approximately $79.57.

Thor Industries (NYSE:THO) has a market capitalization of $4.34 billion and generates $12.32 billion in revenue each year. The construction company earns $659.87 million in net income (profit) each year or $19.57 on an earnings per share basis.

Thor Industries employs 31,000 workers across the globe.

Thor Industries' mailing address is 601 EAST BEARDSLEY AVENUE, ELKHART IN, 46514. The official website for Thor Industries is www.thorindustries.com. The construction company can be reached via phone at (574) 970-7460, via email at investors@thorindustries.com, or via fax at 937-596-6539.