Thor Industries, Inc. (THO) to Issue Quarterly Dividend of $0.52 on July 15th

Thor Industries, Inc. (NYSE:THO) declared a quarterly dividend on Tuesday, June 16th. Stockholders of record on Wednesday, July 1st will be paid a dividend of 0.52 per share by the RV manufacturer on Wednesday, July 15th. This represents a c) dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Wednesday, July 1st.

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. Equities analysts expect Thor Industries to earn $4.42 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 47.1%.

Thor Industries Trading Down 4.1%

Shares of NYSE THO opened at $71.95 on Thursday. The company’s fifty day moving average is $77.27 and its 200-day moving average is $93.20. The stock has a market cap of $3.75 billion, a price-to-earnings ratio of 31.15, a P/E/G ratio of 2.00 and a beta of 1.32. Thor Industries has a twelve month low of $69.71 and a twelve month high of $122.83. The company has a quick ratio of 0.80, a current ratio of 1.71 and a debt-to-equity ratio of 0.20.

Thor Industries (NYSE:THO) last announced its quarterly earnings results on Wednesday, June 3rd. The RV manufacturer reported $1.86 earnings per share for the quarter, missing analysts’ consensus estimates of $1.88 by ($0.02). The firm had revenue of $2.78 billion for the quarter, compared to the consensus estimate of $2.67 billion. Thor Industries had a return on equity of 5.74% and a net margin of 2.67%.The company’s revenue for the quarter was down 3.9% compared to the same quarter last year. During the same period in the prior year, the business earned $2.53 earnings per share. Thor Industries has set its FY 2026 guidance at 3.300-3.800 EPS. Equities research analysts predict that Thor Industries will post 3.19 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of THO. Foster Dykema Cabot & Partners LLC bought a new position in shares of Thor Industries in the 3rd quarter valued at about $27,000. V Square Quantitative Management LLC bought a new position in shares of Thor Industries in the 4th quarter valued at about $29,000. Curio Wealth LLC bought a new position in shares of Thor Industries in the 4th quarter valued at about $36,000. Danske Bank A S bought a new position in shares of Thor Industries in the 3rd quarter valued at about $41,000. Finally, eCIO Inc. bought a new position in shares of Thor Industries in the 4th quarter valued at about $49,000. Institutional investors own 96.71% of the company’s stock.

About Thor Industries

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.