Thor Industries, Inc. (THO) Declares Quarterly Dividend of $0.23
Thor Industries (NYSE:THO) declared a quarterly dividend on Friday, May 30th, Stock Ratings Network.com reports. Shareholders of record on Friday, June 13th will be given a dividend of 0.23 per share on Friday, June 27th. This represents a $0.92 dividend on an annualized basis and a yield of 1.53%.
THO has been the subject of a number of recent research reports. Analysts at Wedbush raised their price target on shares of Thor Industries from $69.00 to $73.00 in a research note on Friday, April 4th. Analysts at Wellington Shields downgraded shares of Thor Industries to an “accumulate” rating in a research note on Wednesday, April 2nd. One research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. Thor Industries currently has an average rating of “Buy” and a consensus price target of $54.25.
Thor Industries (NYSE:THO) traded up 0.02% on Friday, hitting $60.00. 224,954 shares of the company’s stock traded hands. Thor Industries has a 52 week low of $40.94 and a 52 week high of $64.71. The stock’s 50-day moving average is $60.41 and its 200-day moving average is $56.63. The company has a market cap of $3.198 billion and a P/E ratio of 20.02.
Thor Industries (NYSE:THO) last announced its earnings results on Thursday, March 6th. The company reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by $0.04. The company had revenue of $635.30 million for the quarter, compared to the consensus estimate of $636.30 million. During the same quarter in the previous year, the company posted $0.36 earnings per share. The company’s revenue for the quarter was down .2% on a year-over-year basis. On average, analysts predict that Thor Industries will post $3.43 earnings per share for the current fiscal year.
Thor Industries, Inc (NYSE:THO) manufactures and sells a range of recreation vehicles and small and mid-size buses in the United States and Canada.
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