Thor Industries, Inc. (THO) To Go Ex-Dividend on January 5th

Thor Industries, Inc. (NYSE:THO) declared a quarterly dividend on Tuesday, December 16th. Stockholders of record on Monday, January 5th will be given a dividend of 0.52 per share by the RV manufacturer on Monday, January 19th. This represents a c) annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Monday, January 5th.

Thor Industries has increased its dividend by an average of 0.0%annually over the last three years and has raised its dividend every year for the last 15 years. Thor Industries has a dividend payout ratio of 40.9% meaning its dividend is sufficiently covered by earnings. Research analysts expect Thor Industries to earn $6.22 per share next year, which means the company should continue to be able to cover its $2.08 annual dividend with an expected future payout ratio of 33.4%.

Thor Industries Stock Performance

Shares of THO stock opened at $104.08 on Thursday. The company has a market capitalization of $5.50 billion, a price-to-earnings ratio of 32.83, a price-to-earnings-growth ratio of 1.88 and a beta of 1.32. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.83 and a current ratio of 1.81. Thor Industries has a one year low of $63.15 and a one year high of $117.09. The company’s 50-day moving average is $103.51 and its 200 day moving average is $99.85.

Thor Industries (NYSE:THO) last announced its quarterly earnings results on Wednesday, December 3rd. The RV manufacturer reported $0.41 earnings per share for the quarter, beating the consensus estimate of ($0.11) by $0.52. Thor Industries had a net margin of 2.87% and a return on equity of 7.05%. The company had revenue of $2.39 million during the quarter, compared to the consensus estimate of $2.05 billion. During the same quarter last year, the firm earned ($0.03) earnings per share. The firm’s quarterly revenue was up 11.5% compared to the same quarter last year. Thor Industries has set its FY 2026 guidance at 3.750-4.250 EPS. Sell-side analysts expect that Thor Industries will post 4.64 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. Benchmark restated a “hold” rating on shares of Thor Industries in a research note on Tuesday, December 2nd. DA Davidson restated a “neutral” rating and set a $102.00 target price on shares of Thor Industries in a research note on Thursday, December 4th. UBS Group set a $97.00 price target on shares of Thor Industries in a research note on Thursday, December 4th. Weiss Ratings restated a “hold (c)” rating on shares of Thor Industries in a research report on Wednesday, October 8th. Finally, Robert W. Baird increased their price target on Thor Industries from $110.00 to $115.00 and gave the company a “neutral” rating in a report on Thursday, December 4th. Two equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $104.10.

About Thor Industries

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.