KeyCorp Comments on THOR Industries' Q3 Earnings (NYSE:THO)

THOR Industries, Inc. (NYSE:THO - Free Report) - Analysts at KeyCorp issued their Q3 2025 earnings estimates for shares of THOR Industries in a note issued to investors on Wednesday, March 19th. KeyCorp analyst N. Zatzkin expects that the construction company will earn $1.41 per share for the quarter. KeyCorp has a "Strong Sell" rating and a $65.00 price objective on the stock. The consensus estimate for THOR Industries' current full-year earnings is $4.64 per share. KeyCorp also issued estimates for THOR Industries' Q4 2025 earnings at $1.34 EPS, FY2025 earnings at $2.99 EPS, Q3 2026 earnings at $1.85 EPS and FY2026 earnings at $4.50 EPS.

THOR Industries (NYSE:THO - Get Free Report) last posted its earnings results on Wednesday, March 5th. The construction company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.07 by ($0.08). THOR Industries had a net margin of 2.17% and a return on equity of 5.97%. The business had revenue of $2.02 billion during the quarter, compared to analyst estimates of $1.98 billion. During the same quarter in the prior year, the business earned $0.13 earnings per share. The firm's revenue was down 8.6% compared to the same quarter last year.

THO has been the subject of a number of other reports. BMO Capital Markets decreased their price target on THOR Industries from $120.00 to $105.00 and set an "outperform" rating for the company in a research note on Thursday, March 6th. StockNews.com upgraded shares of THOR Industries from a "sell" rating to a "hold" rating in a research report on Thursday, February 27th. Citigroup lowered shares of THOR Industries from a "buy" rating to a "neutral" rating and reduced their price objective for the company from $94.00 to $86.00 in a research report on Wednesday, March 19th. Truist Financial dropped their target price on shares of THOR Industries from $110.00 to $90.00 and set a "hold" rating on the stock in a report on Thursday, March 6th. Finally, Robert W. Baird cut their price objective on THOR Industries from $110.00 to $100.00 and set an "outperform" rating for the company in a research report on Thursday, March 6th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the stock. According to MarketBeat, THOR Industries has an average rating of "Hold" and a consensus target price of $93.00.

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THOR Industries Price Performance

THO stock traded up $0.75 during trading on Monday, hitting $80.77. The company had a trading volume of 656,546 shares, compared to its average volume of 572,508. The business has a 50 day moving average of $95.08 and a 200 day moving average of $101.50. The firm has a market capitalization of $4.30 billion, a price-to-earnings ratio of 20.66, a P/E/G ratio of 1.16 and a beta of 1.74. The company has a current ratio of 1.71, a quick ratio of 0.78 and a debt-to-equity ratio of 0.26. THOR Industries has a fifty-two week low of $75.78 and a fifty-two week high of $118.85.

Institutional Investors Weigh In On THOR Industries

Institutional investors have recently bought and sold shares of the business. JPMorgan Chase & Co. grew its position in THOR Industries by 37.7% during the third quarter. JPMorgan Chase & Co. now owns 1,502,208 shares of the construction company's stock valued at $165,078,000 after purchasing an additional 411,466 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of THOR Industries by 1.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 611,890 shares of the construction company's stock valued at $58,564,000 after acquiring an additional 10,455 shares in the last quarter. State Street Corp increased its stake in shares of THOR Industries by 2.1% in the third quarter. State Street Corp now owns 1,624,002 shares of the construction company's stock worth $178,462,000 after acquiring an additional 33,619 shares during the last quarter. Salvus Wealth Management LLC raised its holdings in shares of THOR Industries by 19.4% during the fourth quarter. Salvus Wealth Management LLC now owns 42,168 shares of the construction company's stock worth $4,036,000 after acquiring an additional 6,838 shares in the last quarter. Finally, Amundi boosted its position in THOR Industries by 26.2% during the fourth quarter. Amundi now owns 4,354 shares of the construction company's stock valued at $415,000 after purchasing an additional 905 shares during the last quarter. 96.71% of the stock is currently owned by institutional investors and hedge funds.

THOR Industries Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 22nd. Shareholders of record on Tuesday, April 8th will be paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 2.48%. The ex-dividend date is Tuesday, April 8th. THOR Industries's dividend payout ratio (DPR) is currently 53.05%.

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.