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

Thor Industries (NYSE:THO) posted its quarterly earnings results 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 company had revenue of $2.78 billion during 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 company’s revenue for the quarter was down 3.9% on a year-over-year basis. During the same period last year, the firm posted $2.53 earnings per share. Thor Industries updated its FY 2026 guidance to 3.300-3.800 EPS.

Thor Industries Stock Performance

Shares of THO stock opened at $74.91 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.73 and a current ratio of 1.71. The firm has a market cap of $3.94 billion, a price-to-earnings ratio of 23.26, a P/E/G ratio of 1.68 and a beta of 1.32. Thor Industries has a 52 week low of $69.71 and a 52 week high of $122.83. The firm’s 50-day simple moving average is $77.78 and its two-hundred day simple moving average is $94.78.

Thor Industries Dividend Announcement

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

Institutional Investors Weigh In On Thor Industries

A number of hedge funds have recently modified their holdings of THO. Danske Bank A S purchased a new position in shares of Thor Industries during the third quarter worth about $41,000. CIBC Private Wealth Group LLC raised its holdings in shares of Thor Industries by 83.0% during the third quarter. CIBC Private Wealth Group LLC now owns 538 shares of the RV manufacturer’s stock valued at $56,000 after acquiring an additional 244 shares in the last quarter. Parallel Advisors LLC raised its holdings in Thor Industries by 16.9% in the 4th quarter. Parallel Advisors LLC now owns 621 shares of the RV manufacturer’s stock worth $64,000 after purchasing an additional 90 shares in the last quarter. UMB Bank n.a. lifted its holdings in Thor Industries by 33.7% in the fourth quarter. UMB Bank n.a. now owns 639 shares of the RV manufacturer’s stock worth $66,000 after buying an additional 161 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Thor Industries by 132.3% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 848 shares of the RV manufacturer’s stock valued at $75,000 after purchasing an additional 483 shares during the period. Institutional investors own 96.71% of the company’s stock.

Trending Headlines about Thor Industries

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

• Positive Sentiment: Revenue beat Wall Street estimates, showing demand held up better than expected in a tough environment.
• Positive Sentiment: The company generated strong operating cash flow and continued share repurchases, which can support investor confidence.
• Neutral Sentiment: Thor said North American motorized and European top-line trends remain resilient, but it also noted broader uncertainty is still weighing on the business.
• Negative Sentiment: Quarterly EPS missed estimates and fell sharply from last year, signaling weaker profitability. Article Title
• Negative Sentiment: Thor cut FY2026 EPS guidance to $3.30-$3.80 from $3.75-$4.25, below the consensus estimate, citing prolonged macro headwinds and cautious consumers. Article Title
• Negative Sentiment: Gross profit, operating profit, and net income all declined year over year, reinforcing concerns about margin pressure and softer demand. Article Title

Wall Street Analysts Forecast Growth

THO has been the topic of a number of recent research reports. Loop Capital increased their target price on Thor Industries from $90.00 to $96.00 and gave the stock a “buy” rating in a report on Thursday. Weiss Ratings upgraded shares of Thor Industries from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday. Seaport Research Partners started coverage on shares of Thor Industries in a research note on Monday, April 20th. They issued a “neutral” rating on the stock. BNP Paribas Exane began coverage on shares of Thor Industries in a report on Monday, April 20th. They set a “neutral” rating for the company. Finally, Bank of America decreased their target price on shares of Thor Industries from $120.00 to $96.00 and set a “buy” rating for the company in a research report on Thursday. Three equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to MarketBeat.com, Thor Industries presently has an average rating of “Hold” and a consensus price target of $98.11.

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.