Thor Industries (NYSE:THO) Issues 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.

Thor Industries Stock Up 0.7%

Shares of Thor Industries stock traded up $0.51 on Wednesday, hitting $78.05. 528,440 shares of the company’s stock traded hands, compared to its average volume of 684,746. The stock has a market cap of $4.11 billion, a P/E ratio of 24.24, a PEG ratio of 1.55 and a beta of 1.32. The company has a quick ratio of 0.73, a current ratio of 1.76 and a debt-to-equity ratio of 0.20. The firm’s 50-day moving average is $77.89 and its 200 day moving average is $95.25. Thor Industries has a 52-week low of $69.71 and a 52-week high of $122.83.

Thor Industries (NYSE:THO) last released its earnings results on Wednesday, June 3rd. The RV manufacturer reported $1.86 EPS for the quarter, missing the consensus estimate of $1.88 by ($0.02). Thor Industries had a net margin of 3.02% and a return on equity of 6.96%. The business had revenue of $2.78 billion for the quarter, compared to analysts’ expectations of $2.67 billion. During the same quarter last year, the company posted $2.53 earnings per share. The business’s quarterly revenue 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. Equities analysts anticipate that Thor Industries will post 3.75 earnings per share for the current year.

Thor Industries Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, April 20th. Stockholders 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 annualized dividend and a dividend yield of 2.7%. Thor Industries’s dividend payout ratio (DPR) is presently 64.60%.

Analyst Ratings Changes

Several equities analysts recently issued reports on THO shares. Seaport Research Partners started coverage on Thor Industries in a research note on Monday, April 20th. They set a “neutral” rating on the stock. Benchmark reiterated a “hold” rating on shares of Thor Industries in a research note on Wednesday, March 4th. Citigroup cut their price objective on shares of Thor Industries from $100.00 to $82.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 27th. BNP Paribas Exane initiated coverage on shares of Thor Industries in a research note on Monday, April 20th. They set a “neutral” rating on the stock. Finally, Truist Financial lowered their price objective on shares of Thor Industries from $112.00 to $109.00 and set a “hold” rating on the stock in a research note on Wednesday, March 11th. Three investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $108.11.

Insider Activity at Thor Industries

In other news, Director Peter Busch Orthwein purchased 2,600 shares of the stock in a transaction that occurred on Friday, March 6th. The stock was acquired at an average price of $88.25 per share, with a total value of $229,450.00. Following the purchase, the director owned 139,000 shares in the company, valued at $12,266,750. This represents a 1.91% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 4.70% of the stock is currently owned by corporate insiders.

More Thor Industries News

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

• Positive Sentiment: Quarterly revenue came in above analyst estimates, showing sales held up better than expected despite a tough backdrop.
• Neutral Sentiment: The company said North American Motorized and European demand remained resilient, and it repurchased $50.5 million of shares during the quarter.
• Negative Sentiment: Thor Industries cut its full-year EPS guidance to $3.30-$3.80, below prior guidance and beneath consensus expectations, signaling weaker profitability ahead.
• Negative Sentiment: Quarterly profit metrics declined sharply year over year, including gross profit, operating profit, and EPS, reflecting margin pressure from a difficult operating environment.

Institutional Investors Weigh In On Thor Industries

A number of large investors have recently bought and sold shares of the business. Danske Bank A S bought a new position in Thor Industries in the third quarter worth $41,000. CIBC Private Wealth Group LLC lifted its stake in Thor Industries by 83.0% during the third quarter. CIBC Private Wealth Group LLC now owns 538 shares of the RV manufacturer’s stock worth $56,000 after purchasing an additional 244 shares during the period. Parallel Advisors LLC lifted its holdings in shares of Thor Industries by 16.9% during the fourth quarter. Parallel Advisors LLC now owns 621 shares of the RV manufacturer’s stock valued at $64,000 after acquiring an additional 90 shares during the period. UMB Bank n.a. raised its stake in shares of Thor Industries by 33.7% in the fourth quarter. UMB Bank n.a. now owns 639 shares of the RV manufacturer’s stock valued at $66,000 after acquiring an additional 161 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its stake in shares of Thor Industries by 44.0% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 818 shares of the RV manufacturer’s stock valued at $85,000 after acquiring an additional 250 shares during the last quarter. 96.71% of the stock is currently owned by institutional investors.

About Thor Industries

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.