THOR Industries Q1 EPS Estimate Raised by Zacks Research

THOR Industries, Inc. (NYSE:THO) – Analysts at Zacks Research lifted their Q1 2027 earnings estimates for shares of THOR Industries in a research note issued on Tuesday, November 26th. Zacks Research analyst R. Department now forecasts that the construction company will post earnings per share of $1.62 for the quarter, up from their prior forecast 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.

THO has been the topic of several other research reports. DA Davidson reissued a “neutral” rating and issued a $95.00 target price on shares of THOR Industries in a report on Monday, September 30th. Truist Financial boosted their price objective on shares of THOR Industries from $95.00 to $105.00 and gave the stock a “hold” rating in a research report on Friday, September 20th. Benchmark restated a “hold” rating on shares of THOR Industries in a report on Tuesday, October 1st. Citigroup lifted their target price on shares of THOR Industries from $119.00 to $124.00 and gave the stock a “buy” rating in a research report on Thursday, September 26th. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $120.00 price target on shares of THOR Industries in a research report on Thursday, September 19th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average 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 business has a 50 day moving average price of $108.91 and a 200 day moving average price of $102.44. The company has a market capitalization of $5.90 billion, a P/E ratio of 22.54 and a beta of 1.67. THOR Industries has a 1-year low of $88.37 and a 1-year high of $129.31. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.69 and a quick ratio of 0.82.

THOR Industries (NYSE:THO) last issued its earnings results on Tuesday, September 24th. The construction company reported $1.68 earnings per share 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 for the quarter, compared to analyst estimates of $2.47 billion. During the same period in the prior year, the business posted $1.68 earnings per share. The firm’s revenue for the quarter was down 7.4% compared to the same quarter last year.

THOR Industries Increases Dividend

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

Insider Transactions at THOR Industries

In other THOR Industries news, VP Colleen A. Zuhl sold 4,354 shares of the stock in a transaction on Wednesday, October 16th. The stock was sold at an average price of $115.00, for a total transaction of $500,710.00. Following the transaction, the vice president now owns 131,905 shares of the company’s stock, valued at $15,169,075. This represents a 3.20 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Insiders own 4.50% of the company’s stock.

Hedge Funds Weigh In On THOR Industries

Several institutional investors have recently added to or reduced their stakes in THO. UMB Bank n.a. boosted its stake in THOR Industries by 2,050.0% in the 3rd quarter. UMB Bank n.a. now owns 258 shares of the construction company’s stock worth $28,000 after buying an additional 246 shares during the last quarter. Tortoise Investment Management LLC boosted its position in shares of THOR Industries by 77.0% in the second quarter. Tortoise Investment Management LLC now owns 285 shares of the construction company’s stock worth $27,000 after acquiring an additional 124 shares during the last quarter. Quarry LP acquired a new stake in shares of THOR Industries in the second quarter worth approximately $28,000. Van ECK Associates Corp purchased a new stake in THOR Industries in the third quarter valued at approximately $32,000. Finally, Blue Trust Inc. increased its position in THOR Industries by 548.1% during the second quarter. Blue Trust Inc. now owns 337 shares of the construction company’s stock worth $31,000 after purchasing an additional 285 shares during the last quarter. 96.71% of the stock is currently owned by institutional investors and hedge funds.

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.