Thor Industries, Inc. (NYSE:THO) Receives $103.80 Average PT from Analysts

Thor Industries, Inc. (NYSE:THOGet Free Report) has earned a consensus rating of “Hold” from the fourteen brokerages that are covering the firm, MarketBeat.com reports. Eleven investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $108.1111.

THO has been the subject of a number of research reports. Seaport Research Partners initiated coverage on shares of Thor Industries in a report on Monday, April 20th. They issued a “neutral” rating for the company. DA Davidson dropped their target price on shares of Thor Industries from $102.00 to $100.00 and set a “neutral” rating for the company in a report on Wednesday, March 4th. Bank of America reissued a “buy” rating on shares of Thor Industries in a report on Thursday. Wall Street Zen cut shares of Thor Industries from a “buy” rating to a “hold” rating in a report on Saturday, March 7th. Finally, Truist Financial dropped their target price on shares of Thor Industries from $112.00 to $109.00 and set a “hold” rating for the company in a report on Wednesday, March 11th.

Get Our Latest Report on THO

Thor Industries Stock Up 3.4%

THO stock opened at $80.17 on Thursday. The stock has a market capitalization of $4.22 billion, a P/E ratio of 24.90, a price-to-earnings-growth ratio of 1.55 and a beta of 1.32. The company has a current ratio of 1.76, a quick ratio of 0.73 and a debt-to-equity ratio of 0.20. Thor Industries has a 12 month low of $69.71 and a 12 month high of $122.83. The firm has a 50-day moving average price of $77.94 and a 200-day moving average price of $94.95.

Thor Industries (NYSE:THOGet Free Report) last posted its earnings results on Wednesday, June 3rd. The RV manufacturer reported $1.86 EPS for the quarter, missing analysts’ consensus estimates of $1.88 by ($0.02). The company had revenue of $2.78 billion during the quarter, compared to the consensus estimate of $2.67 billion. Thor Industries had a return on equity of 6.96% and a net margin of 3.02%.The firm’s revenue was down 3.9% compared to the same quarter last year. During the same period last year, the company posted $2.53 EPS. Thor Industries has set its FY 2026 guidance at 3.300-3.800 EPS. As a group, equities research analysts anticipate that Thor Industries will post 3.75 EPS for the current fiscal year.

Thor Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, April 20th. Investors of record on Monday, April 6th were given a dividend of $0.52 per share. The ex-dividend date was Monday, April 6th. This represents a $2.08 annualized dividend and a yield of 2.6%. Thor Industries’s dividend payout ratio (DPR) is currently 64.60%.

More Thor Industries News

Here are the key news stories impacting Thor Industries this week:

Insider Buying and Selling

In other Thor Industries news, Director Peter Busch Orthwein bought 2,600 shares of the business’s stock in a transaction that occurred on Friday, March 6th. The shares were acquired at an average cost of $88.25 per share, for a total transaction of $229,450.00. Following the transaction, the director directly owned 139,000 shares in the company, valued at approximately $12,266,750. This represents a 1.91% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 4.70% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Thor Industries

Several hedge funds have recently added to or reduced their stakes in THO. Jones Financial Companies Lllp boosted its position in Thor Industries by 433.3% during the 1st quarter. Jones Financial Companies Lllp now owns 7,061 shares of the RV manufacturer’s stock worth $535,000 after buying an additional 5,737 shares during the period. United Services Automobile Association acquired a new stake in Thor Industries during the 1st quarter worth approximately $269,000. Empowered Funds LLC acquired a new stake in Thor Industries during the 1st quarter worth approximately $1,177,000. Focus Partners Wealth acquired a new stake in Thor Industries during the 1st quarter worth approximately $255,000. Finally, Prudential Financial Inc. boosted its position in Thor Industries by 20.4% during the 2nd quarter. Prudential Financial Inc. now owns 5,534 shares of the RV manufacturer’s stock worth $491,000 after buying an additional 937 shares during the period. 96.71% of the stock is currently owned by institutional investors and hedge funds.

About Thor Industries

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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.

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Analyst Recommendations for Thor Industries (NYSE:THO)

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