Thor Industries, Inc. (NYSE:THO) Announces Quarterly Dividend of $0.52

by · The Cerbat Gem

Thor Industries, Inc. (NYSE:THO – Get Free Report) declared a quarterly dividend on Tuesday, December 16th. Investors 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) dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend is Monday, January 5th.

Thor Industries has increased its dividend by an average of 0.0%annually over the last three years and has increased its dividend annually for the last 15 consecutive years. Thor Industries has a 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 Price Performance

THO stock traded up $0.55 during midday trading on Wednesday, hitting $103.05. The company’s stock had a trading volume of 58,081 shares, compared to its average volume of 743,328. Thor Industries has a 12 month low of $63.15 and a 12 month high of $117.09. The company has a quick ratio of 0.83, a current ratio of 1.81 and a debt-to-equity ratio of 0.21. The firm has a market capitalization of $5.44 billion, a price-to-earnings ratio of 32.52, a price-to-earnings-growth ratio of 1.86 and a beta of 1.32. The company has a 50 day moving average of $103.53 and a two-hundred day moving average of $99.82.

Thor Industries (NYSE:THO – Get Free Report) last released its quarterly earnings data on Wednesday, December 3rd. The RV manufacturer reported $0.41 earnings per share (EPS) 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 firm had revenue of $2.39 million for the quarter, compared to analysts’ expectations of $2.05 billion. During the same quarter last year, the business posted ($0.03) earnings per share. The company’s revenue for the quarter 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. On average, analysts expect that Thor Industries will post 4.64 EPS for the current year.

Analyst Ratings Changes

THO has been the topic of a number of research reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Thor Industries in a report on Wednesday, October 8th. Citigroup reduced their target price on Thor Industries from $117.00 to $108.00 and set a “neutral” rating on the stock in a report on Friday, December 5th. Truist Financial increased their price target on Thor Industries from $110.00 to $112.00 and gave the company a “hold” rating in a research note on Tuesday, December 9th. Robert W. Baird raised 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. Finally, Raymond James Financial raised Thor Industries from an “underperform” rating to a “market perform” rating in a report on Monday, October 27th. Two investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Thor Industries presently has a consensus rating of “Hold” and an average target price of $104.10.

View Our Latest Research Report on Thor Industries

Thor Industries Company Profile

(Get Free Report)

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.

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