Thor Industries (NYSE:THO) Updates FY 2026 Earnings Guidance

Thor Industries (NYSE:THO) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 3.750-4.250 for the period, compared to the consensus earnings per share estimate of 4.080. The company issued revenue guidance of $9.0 billion-$9.5 billion, compared to the consensus revenue estimate of $9.5 billion.

Analyst Upgrades and Downgrades

THO has been the topic of a number of research reports. BMO Capital Markets boosted their target price on shares of Thor Industries from $105.00 to $115.00 and gave the stock an “outperform” rating in a research report on Friday, September 26th. Benchmark restated a “hold” rating on shares of Thor Industries in a report on Tuesday. Zacks Research raised shares of Thor Industries from a “strong sell” rating to a “hold” rating in a research report on Wednesday, September 3rd. Bank of America lifted their target price on Thor Industries from $100.00 to $120.00 and gave the stock a “buy” rating in a research report on Wednesday, September 10th. Finally, Raymond James Financial raised Thor Industries from an “underperform” rating to a “market perform” rating in a report on Monday, October 27th. Two equities research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $104.67.

Thor Industries Stock Up 2.4%

NYSE THO opened at $110.20 on Wednesday. The stock has a fifty day moving average of $104.16 and a 200-day moving average of $98.31. The stock has a market capitalization of $5.82 billion, a P/E ratio of 26.43, a price-to-earnings-growth ratio of 1.81 and a beta of 1.32. Thor Industries has a 52 week low of $63.15 and a 52 week high of $114.49. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.90 and a current ratio of 1.75.

Thor Industries Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 6th. Shareholders of record on Thursday, October 23rd were issued a dividend of $0.52 per share. The ex-dividend date of this dividend was Thursday, October 23rd. This represents a $2.08 dividend on an annualized basis and a yield of 1.9%. This is a boost from Thor Industries’s previous quarterly dividend of $0.50. Thor Industries’s dividend payout ratio (DPR) is presently 49.88%.

Institutional Investors Weigh In On Thor Industries

A number of institutional investors have recently made changes to their positions in the stock. Invesco Ltd. boosted its holdings in Thor Industries by 6.1% during the third quarter. Invesco Ltd. now owns 176,220 shares of the RV manufacturer’s stock worth $18,272,000 after buying an additional 10,144 shares during the last quarter. Russell Investments Group Ltd. raised its position in shares of Thor Industries by 8.6% in the 3rd quarter. Russell Investments Group Ltd. now owns 115,775 shares of the RV manufacturer’s stock valued at $12,005,000 after acquiring an additional 9,179 shares during the period. First Trust Advisors LP boosted its stake in Thor Industries by 11.8% during the 3rd quarter. First Trust Advisors LP now owns 115,450 shares of the RV manufacturer’s stock worth $11,971,000 after acquiring an additional 12,178 shares during the last quarter. Swiss National Bank grew its holdings in Thor Industries by 1.6% during the third quarter. Swiss National Bank now owns 98,000 shares of the RV manufacturer’s stock valued at $10,162,000 after purchasing an additional 1,500 shares during the period. Finally, California Public Employees Retirement System grew its holdings in Thor Industries by 2.5% during the third quarter. California Public Employees Retirement System now owns 93,997 shares of the RV manufacturer’s stock valued at $9,747,000 after purchasing an additional 2,265 shares during the period. 96.71% of the stock is owned by institutional investors and hedge funds.

Thor Industries Company Profile

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.