Analysts Set Expectations for THOR Industries Q1 Earnings

THOR Industries, Inc. (NYSE:THOFree Report) – Research analysts at Zacks Research lifted their Q1 2027 earnings estimates for shares of THOR Industries in a research note issued to investors on Tuesday, November 26th. Zacks Research analyst R. Department now expects 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.

Other research analysts also recently issued research reports about the stock. 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. Citigroup raised their target price on shares of THOR Industries from $119.00 to $124.00 and gave the company a “buy” rating in a research report on Thursday, September 26th. 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 shares of THOR Industries from $95.00 to $105.00 and gave the company a “hold” rating in a research report on Friday, September 20th. Finally, DA Davidson reissued a “neutral” rating and set a $95.00 target price on shares of THOR Industries in a research report on Monday, September 30th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $110.80.

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THOR Industries Trading Down 1.8 %

Shares of THO opened at $111.13 on Thursday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.69 and a quick ratio of 0.82. The firm has a market capitalization of $5.90 billion, a price-to-earnings ratio of 22.54 and a beta of 1.67. The company has a 50-day moving average of $108.78 and a 200 day moving average of $102.38. THOR Industries has a 1-year low of $88.37 and a 1-year high of $129.31.

THOR Industries (NYSE:THOGet Free Report) last announced its quarterly earnings data on Tuesday, September 24th. The construction company reported $1.68 earnings per share for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $2.47 billion. During the same quarter last year, the business posted $1.68 EPS. The firm’s revenue for the quarter was down 7.4% on a year-over-year basis.

THOR Industries Increases Dividend

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

Insider Transactions at THOR Industries

In other news, VP Colleen A. Zuhl sold 4,354 shares of THOR Industries stock in a transaction that occurred on Wednesday, October 16th. The shares were sold at an average price of $115.00, for a total value 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. The trade was a 3.20 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 4.50% of the company’s stock.

Institutional Trading of THOR Industries

Large investors have recently bought and sold shares of the stock. UMB Bank n.a. grew its position in THOR Industries by 2,050.0% during the 3rd quarter. UMB Bank n.a. now owns 258 shares of the construction company’s stock worth $28,000 after purchasing an additional 246 shares during the last quarter. Tortoise Investment Management LLC grew its position in THOR Industries by 77.0% during the 2nd quarter. Tortoise Investment Management LLC now owns 285 shares of the construction company’s stock worth $27,000 after purchasing an additional 124 shares during the last quarter. Quarry LP purchased a new stake in THOR Industries during the 2nd quarter worth approximately $28,000. Van ECK Associates Corp purchased a new stake in THOR Industries during the 3rd quarter worth approximately $32,000. Finally, Blue Trust Inc. grew its position in THOR Industries by 548.1% during the 2nd 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. Hedge funds and other institutional investors own 96.71% of the company’s stock.

About THOR Industries

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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.

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Earnings History and Estimates for THOR Industries (NYSE:THO)

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