Zacks Research Predicts Higher Earnings for THOR Industries

THOR Industries, Inc. (NYSE:THO) – Investment analysts at Zacks Research raised their Q1 2027 earnings per share estimates for shares of THOR Industries in a research note issued on Tuesday, November 26th. Zacks Research analyst R. Department now anticipates that the construction company will post earnings of $1.62 per share for the quarter, up from their prior estimate of $1.45. The consensus estimate for THOR Industries’ current full-year earnings is $4.85 per share. Zacks Research also issued estimates for THOR Industries’ FY2027 earnings at $7.53 EPS.

THOR Industries (NYSE:THO) last released its quarterly earnings data on Tuesday, September 24th. The construction company reported $1.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.35 by $0.33. THOR Industries had a net margin of 2.64% and a return on equity of 7.02%. The company had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.47 billion. During the same period in the previous year, the firm earned $1.68 earnings per share. THOR Industries’s revenue for the quarter was down 7.4% on a year-over-year basis.

THO has been the topic of several other reports. Benchmark reissued a “hold” rating on shares of THOR Industries in a research report on Tuesday, October 1st. Truist Financial raised their target price on THOR Industries from $95.00 to $105.00 and gave the company a “hold” rating in a report on Friday, September 20th. Citigroup upped their price target on THOR Industries from $119.00 to $124.00 and gave the stock a “buy” rating in a report on Thursday, September 26th. DA Davidson reiterated a “neutral” rating and set a $95.00 price objective on shares of THOR Industries in a research note on Monday, September 30th. Finally, BMO Capital Markets reissued an “outperform” rating and set a $120.00 target price on shares of THOR Industries in a research report on Thursday, September 19th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, THOR Industries has a consensus rating of “Moderate Buy” and a consensus target price of $110.80.

THOR Industries Stock Performance

NYSE:THO opened at $111.13 on Thursday. The firm’s fifty day simple moving average is $108.91 and its 200 day simple moving average is $102.44. The company has a current ratio of 1.69, a quick ratio of 0.82 and a debt-to-equity ratio of 0.27. THOR Industries has a twelve month low of $88.37 and a twelve month high of $129.31. The firm has a market capitalization of $5.90 billion, a price-to-earnings ratio of 22.54 and a beta of 1.67.

Institutional Trading of THOR Industries

A number of institutional investors have recently made changes to their positions in THO. Pacer Advisors Inc. raised its position in THOR Industries by 35.1% in the second quarter. Pacer Advisors Inc. now owns 1,140,363 shares of the construction company’s stock worth $106,567,000 after acquiring an additional 296,583 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of THOR Industries by 6.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,901,024 shares of the construction company’s stock valued at $271,097,000 after purchasing an additional 187,019 shares in the last quarter. Natixis Advisors LLC boosted its position in shares of THOR Industries by 51.3% during the 3rd quarter. Natixis Advisors LLC now owns 504,922 shares of the construction company’s stock valued at $55,486,000 after purchasing an additional 171,244 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of THOR Industries by 46.4% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 501,479 shares of the construction company’s stock worth $55,108,000 after purchasing an additional 159,022 shares in the last quarter. Finally, Janney Montgomery Scott LLC acquired a new stake in THOR Industries during the third quarter valued at approximately $13,229,000. 96.71% of the stock is owned by institutional investors and hedge funds.

Insider Activity at THOR Industries

In related news, VP Colleen A. Zuhl sold 4,354 shares of THOR Industries stock in a transaction dated Wednesday, October 16th. The shares were sold at an average price of $115.00, for a total value of $500,710.00. Following the sale, the vice president now directly owns 131,905 shares in the company, valued at $15,169,075. This trade represents a 3.20 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 4.50% of the stock is currently owned by corporate insiders.

THOR Industries Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Friday, November 1st were issued a dividend of $0.50 per share. The ex-dividend date was Friday, November 1st. This is an increase from THOR Industries’s previous quarterly dividend of $0.48. This represents a $2.00 annualized dividend and a yield of 1.80%. THOR Industries’s payout ratio is currently 40.57%.

About THOR Industries

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.