Thor Industries, Inc. (NYSE:THO – Get Free Report) announced a quarterly dividend on Tuesday, October 13th. Stockholders of record on Tuesday, October 27th will be paid a dividend of $0.54 per share by the RV manufacturer on Tuesday, November 10th. This represents a $2.16 annualized dividend and a dividend yield of 3.3%. The ex-dividend date is Tuesday, October 27th. This is a 3.8% increase from Thor Industries’s previous quarterly dividend of $0.52.
Thor Industries has a payout ratio of 40.9% meaning its dividend is sufficiently covered by earnings. Analysts expect Thor Industries to earn $5.52 per share next year, which means the company should continue to be able to cover its $2.08 annual dividend with an expected future payout ratio of 37.7%.
Thor Industries Stock Performance
THO opened at $65.14 on Wednesday. Thor Industries has a 1-year low of $62.83 and a 1-year high of $122.83. The stock has a market cap of $3.36 billion, a P/E ratio of 19.22, a P/E/G ratio of 0.87 and a beta of 1.43. The stock’s 50 day simple moving average is $73.69 and its 200 day simple moving average is $75.68. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.77 and a quick ratio of 0.85.
Key Headlines Impacting Thor Industries
Here are the key news stories impacting Thor Industries this week:
- Positive Sentiment: Thor Industries increased its quarterly dividend by 3.8% to $0.54 per share, or $2.16 annualized, for a yield of approximately 3.3%. The dividend is payable November 10 to shareholders of record October 27, providing a positive signal about cash-return priorities and financial confidence. THOR Industries Announces Increased Regular Quarterly Dividend
- Neutral Sentiment: Zacks Research maintained a Hold rating while forecasting long-term FY2029 earnings of $6.15 per share. That outlook implies potential earnings recovery, although it was accompanied by reductions to several nearer-term estimates.
- Negative Sentiment: Zacks reduced its EPS forecasts for Q1 and Q2 fiscal 2027, Q3 fiscal 2027, FY2027 and Q1 fiscal 2028. The FY2027 estimate was cut to $3.67 from $3.86, while quarterly estimates were also lowered, indicating expectations for softer RV demand or profitability in the near term.
- Negative Sentiment: Citigroup lowered its price target on THO to $70 from $76 and kept a Neutral rating. Although the new target remains above the stock’s referenced price, the reduction signals limited conviction and adds to the cautious analyst outlook.
Thor Industries Company Profile
Thor Industries, Inc is a recreational vehicle (RV) manufacturer headquartered in Elkhart, Indiana. The company designs, manufactures, and sells towable and motorized RVs, including travel trailers, fifth wheels, conventional motorhomes, and touring coaches. Its products are marketed for vacation travel, camping, and other forms of recreational use.
Thor’s North American portfolio includes well-known brands such as Airstream, Jayco, Keystone, Dutchmen, and CrossRoads. Airstream produces premium travel trailers and touring coaches, while the company’s other brands serve a broad range of customers and price points across the RV market.
Thor also operates internationally through the Erwin Hymer Group, a major European recreational vehicle platform.
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