Thor Industries (NYSE:THO) Reaches New 12-Month Low – Here’s What Happened

Thor Industries, Inc. (NYSE:THO)’s share price reached a new 52-week low during mid-day trading on Monday. The stock traded as low as $63.16 and last traded at $63.06, with a volume of 15,016 shares traded. The stock had previously closed at $63.87.

Thor Industries News Roundup

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

• Positive Sentiment: Thor Industries’ board approved a quarterly dividend of $0.54 per share, signaling continued confidence in cash generation and modestly improving the stock’s income appeal. THOR Industries Announces Increased Regular Quarterly Dividend
• Neutral Sentiment: Citigroup lowered its price target for THO from $76 to $70 and maintained a “neutral” rating. The revised target still implies upside from recent trading levels, but the reduction reflects more cautious expectations.
• Negative Sentiment: Zacks Research cut its EPS forecasts across several periods, including Q1 2027 to $0.36 from $0.45, Q2 2027 to $0.21 from $0.31, Q3 2027 to $1.77 from $1.96, and full-year 2027 to $3.67 from $3.86. These reductions suggest analysts expect a slower or less profitable recovery in the recreational-vehicle market. Zacks continues to rate the shares “Hold.” Thor Industries analyst estimates
• Negative Sentiment: Zacks also reduced its Q1 2028 EPS estimate to $1.09 from $1.18, reinforcing concerns that earnings pressure may extend beyond the current fiscal year. Although Zacks projects FY2029 EPS of $6.15, that longer-term outlook has not offset the near- and medium-term estimate cuts.

Analysts Set New Price Targets

A number of research analysts recently commented on THO shares. Zacks Research upgraded Thor Industries from a “strong sell” rating to a “hold” rating in a report on Monday, August 24th. Wall Street Zen cut Thor Industries from a “hold” rating to a “sell” rating in a research note on Saturday, September 19th. Robert W. Baird cut their target price on Thor Industries from $90.00 to $80.00 and set a “neutral” rating for the company in a research note on Wednesday, September 23rd. BMO Capital Markets reduced their target price on Thor Industries from $110.00 to $95.00 and set an “outperform” rating on the stock in a research report on Tuesday, September 15th. Finally, Bank of America decreased their price target on Thor Industries from $96.00 to $86.00 and set a “buy” rating on the stock in a research note on Monday, September 21st. Three equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $85.00.

Thor Industries Price Performance

The company has a market capitalization of $3.36 billion, a PE ratio of 19.22, a price-to-earnings-growth ratio of 0.87 and a beta of 1.43. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.77 and a quick ratio of 0.85. The stock’s 50 day simple moving average is $73.69 and its 200-day simple moving average is $75.68.

Thor Industries (NYSE:THO) last posted its quarterly earnings data on Tuesday, September 22nd. The RV manufacturer reported $0.78 EPS for the quarter, missing the consensus estimate of $0.88 by ($0.10). The business had revenue of $2.31 billion during the quarter, compared to analysts’ expectations of $2.17 billion. Thor Industries had a net margin of 1.85% and a return on equity of 3.76%. The company’s revenue for the quarter was down 8.4% compared to the same quarter last year. During the same period in the previous year, the business posted $2.36 EPS. As a group, equities analysts forecast that Thor Industries, Inc. will post 4.09 earnings per share for the current fiscal year.

Thor Industries Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 10th. Shareholders of record on Tuesday, October 27th will be issued a dividend of $0.54 per share. This is a boost from Thor Industries’s previous quarterly dividend of $0.52. The ex-dividend date is Tuesday, October 27th. This represents a $2.16 dividend on an annualized basis and a yield of 3.3%. Thor Industries’s dividend payout ratio (DPR) is currently 61.36%.

Hedge Funds Weigh In On Thor Industries

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Allworth Financial LP purchased a new stake in shares of Thor Industries during the 2nd quarter worth $26,000. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Thor Industries during the second quarter worth $52,000. Versant Capital Management Inc grew its stake in shares of Thor Industries by 865.7% during the third quarter. Versant Capital Management Inc now owns 985 shares of the RV manufacturer’s stock worth $68,000 after purchasing an additional 883 shares in the last quarter. Copley Financial Group Inc. purchased a new position in Thor Industries in the fourth quarter valued at $244,000. Finally, Koshinski Asset Management Inc. increased its holdings in Thor Industries by 32.2% in the first quarter. Koshinski Asset Management Inc. now owns 2,592 shares of the RV manufacturer’s stock valued at $207,000 after buying an additional 631 shares during the last quarter. Hedge funds and other institutional investors own 96.71% of the company’s stock.

About Thor Industries

Thor Industries, Inc is a recreational vehicle (RV) manufacturer headquartered in Elkhart, Indiana. The company designs, manufactures, and sells towable and motorized RVs, including travel trailers, fifth wheels, conventional motorhomes, and touring coaches. Its products are marketed for vacation travel, camping, and other forms of recreational use.

Thor’s North American portfolio includes well-known brands such as Airstream, Jayco, Keystone, Dutchmen, and CrossRoads. Airstream produces premium travel trailers and touring coaches, while the company’s other brands serve a broad range of customers and price points across the RV market.

Thor also operates internationally through the Erwin Hymer Group, a major European recreational vehicle platform.