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

Thor Industries (NYSE:THO) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 3.300-3.800 for the period, compared to the consensus EPS estimate of 4.020. The company issued revenue guidance of $9.0 billion-$9.5 billion, compared to the consensus revenue estimate of $9.5 billion.

Analyst Ratings Changes

THO has been the subject of several recent research reports. DA Davidson lowered their price target on Thor Industries from $102.00 to $100.00 and set a “neutral” rating for the company in a report on Wednesday, March 4th. BMO Capital Markets decreased their target price on Thor Industries from $125.00 to $120.00 and set an “outperform” rating for the company in a research report on Friday, April 17th. Citigroup lowered their target price on Thor Industries from $100.00 to $82.00 and set a “neutral” rating for the company in a research note on Wednesday, May 27th. BNP Paribas Exane initiated coverage on Thor Industries in a research report on Monday, April 20th. They set a “neutral” rating on the stock. Finally, Wall Street Zen cut Thor Industries from a “buy” rating to a “hold” rating in a report on Saturday, March 7th. Three research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat, Thor Industries currently has a consensus rating of “Hold” and an average target price of $108.11.

Thor Industries Stock Down 0.2%

Shares of THO traded down $0.16 during trading hours on Wednesday, hitting $77.38. 492,687 shares of the company were exchanged, compared to its average volume of 684,567. The firm’s 50 day moving average is $77.89 and its 200-day moving average is $95.25. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.73 and a current ratio of 1.76. Thor Industries has a 52 week low of $69.71 and a 52 week high of $122.83. The company has a market cap of $4.07 billion, a PE ratio of 24.03, a PEG ratio of 1.55 and a beta of 1.32.

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

Thor Industries Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 20th. Shareholders of record on Monday, April 6th were given a dividend of $0.52 per share. The ex-dividend date of this dividend was Monday, April 6th. This represents a $2.08 dividend on an annualized basis and a yield of 2.7%. Thor Industries’s payout ratio is currently 64.60%.

Insider Transactions at Thor Industries

In related news, Director Peter Busch Orthwein acquired 2,600 shares of the company’s stock in a transaction dated Friday, March 6th. The shares were bought at an average price of $88.25 per share, for a total transaction of $229,450.00. Following the acquisition, the director owned 139,000 shares in the company, valued at $12,266,750. This trade represents a 1.91% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 4.70% of the stock is owned by company insiders.

Hedge Funds Weigh In On Thor Industries

A number of institutional investors have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP lifted its stake in Thor Industries by 1.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,050,494 shares of the RV manufacturer’s stock valued at $313,201,000 after acquiring an additional 48,157 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of Thor Industries by 0.6% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 651,077 shares of the RV manufacturer’s stock worth $66,846,000 after purchasing an additional 3,562 shares during the last quarter. Invesco Ltd. raised its holdings in shares of Thor Industries by 39.7% in the 4th quarter. Invesco Ltd. now owns 246,262 shares of the RV manufacturer’s stock valued at $25,284,000 after purchasing an additional 70,042 shares during the period. Cerity Partners LLC raised its holdings in shares of Thor Industries by 85.3% in the 4th quarter. Cerity Partners LLC now owns 141,542 shares of the RV manufacturer’s stock valued at $14,532,000 after purchasing an additional 65,166 shares during the period. Finally, Millennium Management LLC lifted its stake in Thor Industries by 1,942.2% in the 4th quarter. Millennium Management LLC now owns 130,418 shares of the RV manufacturer’s stock valued at $13,390,000 after purchasing an additional 124,032 shares during the last quarter. 96.71% of the stock is currently owned by institutional investors and hedge funds.

Thor Industries Company Profile

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.