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 earnings per share guidance of 3.300-3.800 for the period, compared to the consensus earnings per share 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 Down 6.1%

Thor Industries stock opened at $74.91 on Friday. The company has a market capitalization of $3.94 billion, a P/E ratio of 23.26, a P/E/G ratio of 1.68 and a beta of 1.32. The firm’s fifty day simple moving average is $77.78 and its 200-day simple moving average is $94.78. The company has a current ratio of 1.71, a quick ratio of 0.73 and a debt-to-equity ratio of 0.20. Thor Industries has a 1-year low of $69.71 and a 1-year high of $122.83.

Thor Industries (NYSE:THO) last released its quarterly earnings results on Wednesday, June 3rd. The RV manufacturer reported $1.86 earnings per share for the quarter, missing analysts’ consensus estimates of $1.88 by ($0.02). The business had revenue of $2.78 billion for the quarter, compared to the consensus estimate of $2.67 billion. Thor Industries had a net margin of 2.67% and a return on equity of 5.74%. The firm’s revenue for the quarter was down 3.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.53 EPS. Thor Industries has set its FY 2026 guidance at 3.300-3.800 EPS. Sell-side analysts forecast that Thor Industries will post 3.55 earnings per share for the current fiscal year.

Thor Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, April 20th. Stockholders of record on Monday, April 6th were issued a dividend of $0.52 per share. The ex-dividend date was Monday, April 6th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.8%. Thor Industries’s dividend payout ratio (DPR) is currently 64.60%.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on THO shares. Bank of America cut their price target on shares of Thor Industries from $120.00 to $96.00 and set a “buy” rating on the stock in a report on Thursday. Loop Capital raised their price target on shares of Thor Industries from $90.00 to $96.00 and gave the company a “buy” rating in a report on Thursday. Seaport Research Partners started coverage on shares of Thor Industries in a report on Monday, April 20th. They set a “neutral” rating on the stock. BMO Capital Markets dropped their target price on shares of Thor Industries from $120.00 to $110.00 and set an “outperform” rating on the stock in a report on Thursday. Finally, Wall Street Zen downgraded shares of Thor Industries from a “buy” rating to a “hold” rating in a report on Saturday, March 7th. Three investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $98.11.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of THO. Bank of America Corp DE raised its holdings 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 worth $6,493,000 after acquiring an additional 172,575 shares during the period. Millennium Management LLC raised 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 worth $13,390,000 after acquiring an additional 124,032 shares during the period. Arrowstreet Capital Limited Partnership bought a new position in Thor Industries in the 3rd quarter worth $8,725,000. Alyeska Investment Group L.P. bought a new position in Thor Industries in the 4th quarter worth $8,219,000. Finally, Invesco Ltd. grew its position in Thor Industries by 39.7% in the 4th quarter. Invesco Ltd. now owns 246,262 shares of the RV manufacturer’s stock worth $25,284,000 after purchasing an additional 70,042 shares during the last quarter. Institutional investors own 96.71% of the company’s stock.

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.