DA Davidson Forecasts THOR Industries Q2 Earnings

THOR Industries, Inc. (NYSE:THO - Free Report) - Investment analysts at DA Davidson issued their Q2 2025 EPS estimates for shares of THOR Industries in a report released on Friday, December 6th. DA Davidson analyst B. Rolle forecasts that the construction company will post earnings per share of $0.13 for the quarter. DA Davidson has a "Neutral" rating and a $95.00 price objective on the stock. The consensus estimate for THOR Industries' current full-year earnings is $4.71 per share. DA Davidson also issued estimates for THOR Industries' FY2025 earnings at $4.85 EPS.

THOR Industries (NYSE:THO - Get Free Report) last posted its quarterly earnings results on Tuesday, September 24th. The construction company reported $1.68 earnings per share for the quarter, topping analysts' consensus estimates of $1.35 by $0.33. THOR Industries had a net margin of 2.17% and a return on equity of 5.97%. The business had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.47 billion. During the same period in the previous year, the firm posted $1.68 earnings per share. THOR Industries's revenue for the quarter was down 7.4% compared to the same quarter last year.

A number of other research analysts have also recently issued reports on the company. StockNews.com cut THOR Industries from a "hold" rating to a "sell" rating in a research note on Friday. Benchmark reiterated a "hold" rating on shares of THOR Industries in a research report on Tuesday, December 3rd. BMO Capital Markets restated an "outperform" rating and set a $120.00 target price on shares of THOR Industries in a report on Thursday, September 19th. Citigroup upped their price target on shares of THOR Industries from $119.00 to $124.00 and gave the company a "buy" rating in a report on Thursday, September 26th. Finally, Truist Financial raised their price objective on shares of THOR Industries from $95.00 to $105.00 and gave the stock a "hold" rating in a report on Friday, September 20th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $110.80.

THOR Industries Trading Down 0.6 %

THO traded down $0.63 during mid-day trading on Monday, hitting $105.79. The stock had a trading volume of 549,118 shares, compared to its average volume of 508,168. The stock's fifty day simple moving average is $109.02 and its 200-day simple moving average is $102.86. The firm has a market capitalization of $5.63 billion, a price-to-earnings ratio of 27.06 and a beta of 1.67. THOR Industries has a 1-year low of $88.37 and a 1-year high of $129.31. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.71 and a quick ratio of 0.78.

THOR Industries Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Friday, November 1st were paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 1.89%. The ex-dividend date of this dividend was Friday, November 1st. This is a boost from THOR Industries's previous quarterly dividend of $0.48. THOR Industries's dividend payout ratio (DPR) is 51.15%.

Insider Activity at THOR Industries

In other news, VP Colleen A. Zuhl sold 4,354 shares of the business's stock in a transaction on Wednesday, October 16th. The shares were sold at an average price of $115.00, for a total transaction of $500,710.00. Following the sale, the vice president now owns 131,905 shares in the company, valued at approximately $15,169,075. The trade was a 3.20 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 4.50% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On THOR Industries

A number of institutional investors have recently modified their holdings of THO. OLD National Bancorp IN acquired a new position in THOR Industries in the second quarter valued at approximately $278,000. QRG Capital Management Inc. grew its stake in THOR Industries by 9.7% in the 2nd quarter. QRG Capital Management Inc. now owns 12,411 shares of the construction company's stock valued at $1,160,000 after acquiring an additional 1,101 shares during the period. SG Americas Securities LLC purchased a new stake in THOR Industries in the 2nd quarter worth $496,000. LVW Advisors LLC raised its position in THOR Industries by 10.3% during the second quarter. LVW Advisors LLC now owns 4,715 shares of the construction company's stock worth $441,000 after acquiring an additional 441 shares during the period. Finally, Envestnet Portfolio Solutions Inc. lifted its holdings in THOR Industries by 20.1% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 8,101 shares of the construction company's stock valued at $757,000 after purchasing an additional 1,354 shares in the last quarter. 96.71% of the stock is owned by hedge funds and other institutional investors.

THOR Industries Company Profile

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.