Thor Industries (NYSE:THO) Releases Quarterly Earnings Results, Misses Estimates By $0.02 EPS

Thor Industries (NYSE:THO) released its quarterly earnings data on Wednesday. The RV manufacturer reported $1.86 earnings per share for the quarter, missing the consensus estimate of $1.88 by ($0.02), Briefing.com reports. The firm had revenue of $2.78 billion for the quarter, compared to analyst estimates of $2.67 billion. Thor Industries had a return on equity of 6.96% and a net margin of 3.02%.The firm’s revenue for the quarter was down 3.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.53 earnings per share. Thor Industries updated its FY 2026 guidance to 3.300-3.800 EPS.

Thor Industries Stock Up 3.4%

Shares of THO opened at $80.17 on Thursday. Thor Industries has a 52 week low of $69.71 and a 52 week high of $122.83. The firm has a market cap of $4.22 billion, a P/E ratio of 24.90, a price-to-earnings-growth ratio of 1.55 and a beta of 1.32. The firm’s 50-day simple moving average is $77.94 and its 200 day simple moving average is $94.95. 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 Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, April 20th. Investors of record on Monday, April 6th were paid a $0.52 dividend. The ex-dividend date was Monday, April 6th. This represents a $2.08 dividend on an annualized basis and a yield of 2.6%. Thor Industries’s dividend payout ratio is 64.60%.

Insider Buying and Selling

In related news, Director Peter Busch Orthwein purchased 2,600 shares of the firm’s stock in a transaction that occurred on Friday, March 6th. The shares were acquired at an average price of $88.25 per share, for a total transaction of $229,450.00. Following the purchase, the director owned 139,000 shares in the company, valued at approximately $12,266,750. This represents a 1.91% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 4.70% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of THO. Bank of America Corp DE grew its stake in Thor Industries by 156.9% in the 3rd quarter. Bank of America Corp DE now owns 62,615 shares of the RV manufacturer’s stock valued at $6,493,000 after buying an additional 172,575 shares during the last quarter. Millennium Management LLC boosted its holdings 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 period. Arrowstreet Capital Limited Partnership bought a new stake in Thor Industries in the 3rd quarter valued at about $8,725,000. Alyeska Investment Group L.P. bought a new stake in Thor Industries in the 4th quarter valued at about $8,219,000. Finally, Invesco Ltd. boosted its holdings in 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. Institutional investors and hedge funds own 96.71% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. 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. Seaport Research Partners assumed coverage on shares of Thor Industries in a research note on Monday, April 20th. They set a “neutral” rating on the stock. Citigroup lowered 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. DA Davidson lowered their price objective on shares of Thor Industries from $102.00 to $100.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 4th. Finally, BNP Paribas Exane initiated coverage on shares of Thor Industries in a research note on Monday, April 20th. They issued a “neutral” rating on the stock. Three research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $108.11.

Thor Industries News Roundup

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

• Positive Sentiment: THOR Industries reported quarterly revenue of $2.78 billion, topping Wall Street expectations of $2.67 billion, which suggests demand held up better than expected despite a difficult backdrop. THOR INDUSTRIES ANNOUNCES FISCAL 2026 THIRD QUARTER RESULTS
• Positive Sentiment: The company’s stock is benefiting from investor optimism that the quarter showed resilient North American motorized and European demand, even as the macro environment remains weak. Thor Industries (THO) Stock Rises on Q3 2026 Earnings
• Neutral Sentiment: The company improved operating cash flow to $234.2 million and repurchased $50.5 million of shares, which supports the balance sheet and may help stabilize sentiment. THOR INDUSTRIES ANNOUNCES FISCAL 2026 THIRD QUARTER RESULTS
• Negative Sentiment: THOR missed earnings expectations, posting $1.86 per share versus $1.88 expected, while EPS fell sharply from a year ago, highlighting pressure on profitability. Thor Industries (THO) Q3 Earnings Lag Estimates
• Negative Sentiment: Management cut full-year fiscal 2026 EPS guidance to $3.30-$3.80 from $3.75-$4.25, citing prolonged macro headwinds, cautious consumers, and rising material costs. Thor Cuts Outlook as Middle East Conflict Hurts Consumer Sentiment, Raises Costs

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.