Roth Capital set a $77.00 price target on THOR Industries (NYSE:THO – Free Report) in a research report sent to investors on Monday morning, MarketBeat.com reports. The brokerage currently has a neutral rating on the construction company’s stock. Roth Capital also issued estimates for THOR Industries’ Q4 2025 earnings at $1.02 EPS, FY2025 earnings at $3.81 EPS, Q1 2026 earnings at $0.04 EPS, Q3 2026 earnings at $3.02 EPS, Q4 2026 earnings at $1.61 EPS and FY2026 earnings at $4.95 EPS.
A number of other research analysts have also weighed in on the stock. Robert W. Baird lowered shares of THOR Industries from an “outperform” rating to a “neutral” rating and cut their target price for the stock from $100.00 to $85.00 in a research report on Friday, April 4th. Bank of America upgraded shares of THOR Industries from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $110.00 to $125.00 in a report on Monday, March 3rd. BMO Capital Markets dropped their price objective on shares of THOR Industries from $120.00 to $105.00 and set an “outperform” rating on the stock in a report on Thursday, March 6th. Truist Financial boosted their price objective on shares of THOR Industries from $72.00 to $78.00 and gave the stock a “hold” rating in a report on Tuesday, June 3rd. Finally, Wall Street Zen upgraded shares of THOR Industries from a “sell” rating to a “hold” rating in a report on Friday, June 6th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $87.63.
Read Our Latest Stock Report on THO
THOR Industries Stock Down 0.9%
THOR Industries (NYSE:THO – Get Free Report) last released its quarterly earnings results on Wednesday, June 4th. The construction company reported $2.53 earnings per share for the quarter, beating analysts’ consensus estimates of $1.79 by $0.74. The business had revenue of $2.89 billion for the quarter, compared to the consensus estimate of $2.60 billion. THOR Industries had a net margin of 2.17% and a return on equity of 5.97%. THOR Industries’s revenue for the quarter was up 3.3% on a year-over-year basis. During the same quarter last year, the firm earned $2.13 EPS. Sell-side analysts forecast that THOR Industries will post 4.64 earnings per share for the current fiscal year.
THOR Industries Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 22nd. Stockholders of record on Tuesday, April 8th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Tuesday, April 8th. This represents a $2.00 annualized dividend and a dividend yield of 2.28%. THOR Industries’s dividend payout ratio (DPR) is currently 47.96%.
Institutional Trading of THOR Industries
Several institutional investors have recently made changes to their positions in THO. ACR Alpine Capital Research LLC boosted its position in shares of THOR Industries by 62.5% during the 1st quarter. ACR Alpine Capital Research LLC now owns 3,482,917 shares of the construction company’s stock valued at $264,040,000 after acquiring an additional 1,339,951 shares in the last quarter. Madison Investment Advisors LLC acquired a new position in THOR Industries in the fourth quarter valued at about $95,688,000. Southpoint Capital Advisors LP boosted its position in THOR Industries by 106.2% in the first quarter. Southpoint Capital Advisors LP now owns 1,250,000 shares of the construction company’s stock valued at $94,762,000 after buying an additional 643,851 shares in the last quarter. Norges Bank acquired a new position in THOR Industries in the fourth quarter valued at about $54,754,000. Finally, Raymond James Financial Inc. acquired a new position in THOR Industries in the fourth quarter valued at about $52,497,000. 96.71% of the stock is currently owned by institutional investors and hedge funds.
THOR Industries Company Profile
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.
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