Thor Industries, Inc. (NYSE:THO – Get Free Report) has earned an average recommendation of “Hold” from the fifteen ratings firms that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, eleven have issued a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $92.4444.
THO has been the subject of several recent research reports. Wall Street Zen lowered shares of Thor Industries from a “hold” rating to a “sell” rating in a report on Saturday, June 6th. Zacks Research downgraded Thor Industries from a “hold” rating to a “strong sell” rating in a research note on Friday, June 5th. Citigroup reduced their price objective on Thor Industries from $82.00 to $80.00 and set a “neutral” rating for the company in a research report on Friday, June 5th. BMO Capital Markets lowered their price objective on Thor Industries from $120.00 to $110.00 and set an “outperform” rating for the company in a research note on Thursday, June 4th. Finally, DA Davidson dropped their target price on Thor Industries from $100.00 to $80.00 and set a “neutral” rating on the stock in a report on Monday, June 15th.
View Our Latest Stock Report on THO
Thor Industries Stock Down 0.7%
Thor Industries (NYSE:THO – Get Free Report) last posted its quarterly earnings data on Wednesday, June 3rd. The RV manufacturer reported $1.86 EPS for the quarter, missing the consensus estimate of $1.88 by ($0.02). Thor Industries had a return on equity of 5.74% and a net margin of 2.67%.The business had revenue of $2.78 billion for the quarter, compared to the consensus estimate of $2.67 billion. During the same period in the previous year, the firm earned $2.53 EPS. The company’s revenue was down 3.9% on a year-over-year basis. Thor Industries has set its FY 2026 guidance at 3.300-3.800 EPS. As a group, sell-side analysts anticipate that Thor Industries will post 3.2 earnings per share for the current fiscal year.
Thor Industries Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st were issued a dividend of $0.52 per share. The ex-dividend date was Wednesday, July 1st. This represents a $2.08 annualized dividend and a dividend yield of 2.8%. Thor Industries’s dividend payout ratio (DPR) is presently 90.04%.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in THO. Jones Financial Companies Lllp lifted its position in Thor Industries by 433.3% in the 1st quarter. Jones Financial Companies Lllp now owns 7,061 shares of the RV manufacturer’s stock valued at $535,000 after acquiring an additional 5,737 shares in the last quarter. United Services Automobile Association bought a new stake in shares of Thor Industries in the 1st quarter worth $269,000. Empowered Funds LLC bought a new stake in shares of Thor Industries in the 1st quarter worth $1,177,000. Focus Partners Wealth purchased a new position in shares of Thor Industries in the first quarter worth $255,000. Finally, Prudential Financial Inc. raised its stake in shares of Thor Industries by 20.4% in the second quarter. Prudential Financial Inc. now owns 5,534 shares of the RV manufacturer’s stock worth $491,000 after purchasing an additional 937 shares during the last quarter. Institutional investors own 96.71% of the company’s stock.
About Thor Industries
Thor Industries, Inc is a leading manufacturer of recreational vehicles (RVs) and related components for the leisure travel market. Through its family of well-known brands—such as Airstream, Heartland, Jayco, Keystone RV and Thor Motor Coach—the company designs, manufactures and sells a broad range of motorized and towable RVs, complemented by aftermarket parts and service solutions. Thor offers products that span travel trailers, fifth wheels, toy haulers and Class A, B and C motorhomes, addressing both entry-level and premium segments.
Founded in 1980 when Wade Thompson and Peter Orthwein acquired Airstream from Beatrice Foods, Thor Industries has grown organically and through strategic acquisitions to become one of the largest RV producers in the world.
Featured Articles
- Five stocks we like better than Thor Industries
- Confidence Is Back, But Earnings Show the Consumer Is Being Picky
- AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off
- 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative?
- 3 Photonics Companies Making Quantum Tech Possible
Receive News & Ratings for Thor Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Thor Industries and related companies with MarketBeat.com's FREE daily email newsletter.
