Key Takeaways ILMN gained 98.7% in a year, outperforming its industry and the broader S&P 500 Composite.ILMN exceeded Q1 2026 guidance as NovaSeq X placements topped 80 units and adoption advanced.ILMN saw 20% clinical sequencing consumables growth, excluding China, for the second quarter. Illumina (ILMN - Free Report) has been on a strong run over the past year, with its shares soaring 98.7%. The performance far exceeds the industry’s 15.9% gain and the S&P 500 Composite’s 31.3% rise.
ILMN carries a Zacks Rank #3 (Hold) at present. Following the spin-off of GRAIL in June 2024, the company has centered its strategy on the core sequencing franchise while scaling into adjacent multiomics and data offerings. Broader adoption of NGS-based testing remains a tailwind for Illumina, particularly in the clinical end markets. Its liquidity position remains adequate to navigate near-term business volatility.
San Diego, CA.-based Illumina provides sequencing and array-based solutions for genetic and genomic analysis. The products are used for applications in the life sciences, oncology, reproductive health, agriculture and other emerging segments. Its customers include leading genomic research centers, academic institutions, government laboratories, hospitals, as well as pharmaceutical, biotechnology, commercial molecular diagnostic and consumer genomics companies. Outside the United States, Illumina has sales offices throughout Europe, the Asia-Pacific region and Brazil, as well as manufacturing and research facilities in Singapore and the United Kingdom.
Factors Fueling ILMN’s Price RallyThe rally in the company’s share price can be linked to its strong progress in executing its post-GRAIL spin-off strategic roadmap. Illumina remains focused on returning to durable growth and higher profitability, aiming for high-single-digit revenue growth by 2027, along with double-digits to teens annual earnings per share (EPS) growth, anchored by its roadmap of boosting the core sequencing business, expanding multiomics, and building services, data and software capabilities. First-quarter 2026 results reinforced that direction, with revenues, margins and adjusted EPS exceeding guidance. Growth was recorded across all regions, excluding China.
Image Source: Zacks Investment Research
The core sequencing business remains anchored by NovaSeq X. First-quarter 2026 placements exceeded 80 units, around 20 more than the prior-year quarter and above the company’s targeted quarterly range. Transition progress also continued, with approximately 82% of volumes and 55% of revenues transitioned to NovaSeq X in the quarter, and roughly 90% of research and applied volume now on the platform.
Illumina continues to benefit from the broader adoption of NGS-based testing, with clinical markets now representing the majority of sequencing consumables revenues. Management cited continued adoption of sequencing-based diagnostics and growing use of sequencing-intensive tests, including comprehensive genomic profiling and whole genome sequencing, as drivers of higher sequencing intensity. Clinical sequencing consumables demand grew 20%, excluding China, for the second consecutive quarter, and management continues to expect most clinical volumes to transition to NovaSeq X by the end of 2026. Illumina’s oncology menu continues to expand as customers scale sequencing in clinical decision-making and in new trials that require larger information sets.
At the quarter-end, Illumina reported cash and cash equivalents of $1.09 billion, while current debt remained stable at $499 million. The company maintains adequate liquidity and coverage to fund operations and navigate near-term volatility without balance sheet strain.
What Ails ILMN?Illumina continues to operate in a higher-cost environment shaped by tariffs and supply-chain inflation, which can affect both demand and margins. The company also faces constrained demand in Greater China amid ongoing regulatory and geopolitical uncertainty, keeping the region out of step with the rest of the business.
A Glance at ILMN’s EstimatesThe Zacks Consensus Estimate for ILMN’s 2026 and 2027 EPS calls for growth of 7.1% and 13.6%, respectively. Over the past 60 days, the consensus mark for the company's 2026 EPS has edged up 0.8%.
Revenues are projected to increase 5.1% in 2026 from the 2025 levels, followed by another 5.9% gain in 2027.
Key PicksSome better-ranked stocks in the broader medical space are Globus Medical (GMED - Free Report) , Align Technology (ALGN - Free Report) and Integra LifeSciences (IART - Free Report) .
Globus Medical has an earnings yield of 6.1% compared to the industry’s negative 1.1% yield. Its earnings surpassed estimates in each of the trailing four quarters, with the average surprise being 26.3%. GMED shares have rallied 31.1% against the industry’s 4.2% fall over the past year.
GMED sports a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
Align Technology, sporting a Zacks Rank #1, has an estimated long-term earnings growth rate of 10.3% for fiscal 2026 compared with the industry’s 9.5% growth. Shares of the company have dropped 7% compared to the industry’s 3% rise. ALGN’s earnings outpaced estimates in three of the trailing four quarters and missed on one occasion, the average surprise being 7.8%.
Integra LifeSciences, carrying a Zacks Rank #2 (Buy), has an earnings yield of 15.7% against the industry’s negative 15.7% yield. Its earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 16.7%. IART shares have rallied 20.1% against the industry’s 4.1% decline over the past year.
Grail's (GRAL 1.50%) stock closed at a record high of $116.06 in January. That marked a 732% gain from its $13.95 opening price following its spin-off from Illumina (ILMN 2.79%) in June 2024. But as of this writing, it trades at about $68.
High expectations for Grail's Galleri blood test, which aims to detect signals from dozens of cancers before any symptoms appear, initially drove its stock higher. But its stock plummeted in February after its largest NHS England trial for Galleri failed to meet its primary endpoint. Does that pullback represent a buying opportunity for investors who can tune out the near-term noise?
Image source: Getty Images.
Grail is still growing without the FDA's approval The FDA hasn't approved Galleri yet, but Grail still sells it on a cash-only basis (at $749 to $949 per test) to affluent customers, some employers, hospital pilots, and telehealth programs. That demand was strong enough to boost its revenue from $93 million in 2023 to $147 million in 2025. It also narrowed its net loss from $1.47 billion to $408 million during that period.
Today's Change
(
-1.50
%) $
-0.90
Current Price
$
59.26
That growth trajectory was impressive, but the bulls expected its growth to accelerate as an FDA approval cleared the way for private insurance and Medicare plans to cover its tests. The NHS trial, which included roughly 142,000 people aged 50 to 77, was considered a crucial stepping stone toward that approval. It aimed to demonstrate that people who used Galleri had fewer late-stage cancers (Stage III and IV) than those who didn't, but it didn't achieve a statistically significant reduction in those cancers.
That setback indicated it could take years for Galleri to reach more patients. But the trial wasn't a total failure, since Galleri users still had fewer Stage IV cancers detected, and it made earlier (Stage I and II) detections in some of the deadliest cancers.
Grail is still selling plenty of tests (over 56,000 in the first quarter) without the FDA's approval, and it recently integrated its orders into Epic's Aura network, which connects its electronic health record (EHR) users to specialty labs, imaging device facilities, and medical device makers. It also plans to report its findings from its other trials and studies later this year.
Should you invest in Grail after its pullback? For the full year, Grail expects its revenue to rise 22%-32%. Analysts expect its revenue to grow 22% in 2026, 25% in 2027, and 27% in 2028. It isn't a bargain at 15 times this year's sales, but it also doesn't seem overvalued -- especially if Galleri eventually gets a full FDA approval.
Grail is still a speculative stock, but I think it's worth nibbling on at these levels. It's already generating significant revenue from direct sales and has a massive total addressable market.
StrataMap Spatial gives researchers access to spatial biology at true single cell resolution for discovery without boundaries
Whole-transcriptome profiling across a large tissue capture area can generate 2x more unique genes per sample than probe-based technologies
, /PRNewswire/ -- Illumina, Inc. (NASDAQ: ILMN) today announced the launch of the StrataMap Spatial Solution, offering an unmatched breadth of coverage and resolution to redefine what researchers can detect with spatial transcriptomics. StrataMap Spatial, previously called the Illumina Spatial Solution, is an end-to-end sequencing-based research solution to uncover spatial insights. Spatial transcriptomics is already a critical tool in developmental biology, neuroscience, and oncology research. StrataMap Spatial expands researchers' ability to map tissue structure, reveal tissue function, track tumor progression, and identify novel drug targets for precision medicine.
StrataMap Spatial gives customers a spatial solution with a large, flexible capture area, single-cell resolution, and unbiased whole-transcriptome profiling. "Spatial biology offers a new perspective on how our genetic code manifests in our bodies," said Steve Barnard, PhD, chief technology officer of Illumina. "Our customers are already using StrataMap Spatial's unparalleled discovery power to map intricate tissues and study tumor development. This launch pairs our new spatial solution with our tailored bioinformatics pipeline, reinforcing Illumina's commitment to an insight ecosystem where data-at-scale becomes discovery without boundaries."
StrataMap Spatial gives customers a spatial solution with a large, flexible capture area, single-cell resolution, and unbiased whole-transcriptome profiling. Together, these features allow customers to holistically evaluate spatial relationships across cells, regions, and structures, for a more detailed view of tissue architecture and function. StrataMap Spatial's sequencing-based approach detects twice as many genes per sample than alternative, panel-based technologies. The solution goes beyond the coding transcriptome to detect noncoding genes and pseudogenes, uncovering the hidden signals that drive tissue function and disease. StrataMap Spatial is compatible with enrichment techniques, including those researchers use to identify relevant immune response markers like VDJ clonotypes.
StrataMap Spatial meets the growing demand for scalable spatial biology studies from research and biopharma customers, through features such as:
Capture area: The 7.5 cm2 capture area accommodates serial sections for researchers to create a multidimensional understanding of tissues. Users can also profile multiple fresh frozen tissue sections of varying sizes and shapes simultaneously. The solution is species-agnostic and accommodates a broad range of eukaryotic tissue samples and tissue RNA quality. Illumina is actively developing an FFPE-specific solution and targets initial customer enablement in 2027. Scale: StrataMap Spatial can process more than 2000 samples per year. Speed: Multiple slides can be run in parallel, with library preparation and sequencing following traditional NGS methods. Sequencing takes as few as 22 hours. Including imaging, sequencing, and analysis, customers can move from sample to insight in less than 5 days. Accessibility: Instead of investing in expensive, specialized systems, customers can integrate StrataMap Spatial into their existing histopathology workflows. StrataMap Spatial then runs on the NovaSeq and NextSeq platforms, giving existing customers an accessible entry point into spatial biology. Spatial-specific software provides powerful, scalable multiomic analysis
StrataMap Spatial includes access to end-to-end bioinformatics that take customers from initial imaging through analysis. DRAGEN and Illumina Connected Multiomics efficiently process the large volume of resulting spatial data, maintaining the depth, resolution, and sensitivity produced by StrataMap Spatial. The DRAGEN StrataMap pipeline simplifies spatial exploration with machine-learning-driven cell segmentation, transcript assignment, and initial clustering. Illumina Connected Multiomics enables interactive, data‑driven spatial analysis by combining tissue‑level visualization with filtering, clustering refinement, and downstream biological interpretation. The platform enables the integration of transcriptomic data with genomic, epigenetic, and proteomic datasets. Layering these omics creates a more comprehensive understanding of the biological dynamics that shape human health.
Early work with StrataMap Spatial examines tumor microenvironments, charts development of complex tissues
In a pilot, researchers from Beth Israel Deaconess Medical Center (BIDMC) used StrataMap Spatial to map historically challenging lymphatic tissues and produced the first whole transcriptome spatial datasets for human lymphatic collector vessels. Dr. Ioannis Vlachos, PhD, director of the Spatial Technologies Unit within BIDMC, and his team reconstructed 3D models of tissue organization at cellular resolution from serial sections imaged on StrataMap Spatial.
"Illumina's StrataMap Spatial exhibited high sensitivity, which enabled us to shed light on these exceptionally challenging samples, said Dr. Vlachos, "StrataMap's large capture area permitted us to place multiple serial sections to establish whole transcriptome, single cell resolution, 3D maps of these exceptionally precious tissues and unlock novel biology."
Researchers at Cancer Research UK Cambridge Institute and University of Cambridge trialed StrataMap Spatial on an initial set of primary central nervous system tumors. The team was led by Richard Mair, PhD, a neurosurgeon at Addenbrooke's Hospital and a University of Cambridge scientist, in collaboration with the Spatial Profiling Annotation Centre of Excellence (SPACE) led by Dario Bressan, PhD. The team evaluated glioma and glioblastoma tissues to characterize their complex tumor microenvironment, with the ultimate goal of guiding more precise surgical interventions and personalized treatment choices.
"Until now, we were unable to study large tissue sections in CNS and other cancer types at a whole-transcriptome, single-cell level," said Ania Piskorz, PhD, the Head of Genomics at the Cancer Research UK Cambridge Institute and University of Cambridge. "Unlocking the ability to profile these large tissue sections will provide deeper insights into the tumour microenvironment. It will help us build more informative tumour maps, identify mechanisms of treatment resistance, and improve our ability to predict patient therapeutic responses."
Ania Piskorz is presenting the group's early work on June 10 at the European Association for Cancer Research meeting. You can also visit Illumina's booth at EACR from June 8-11 to learn how StrataMap Spatial can amplify your cancer research.
StrataMap Spatial is available to order this month.
You can read more about StrataMap Spatial here.
Use of forward-looking statements
This release may contain forward-looking statements that involve risks and uncertainties. Among the important factors to which our business is subject that could cause actual results to differ materially from those in any forward-looking statements are: (i) challenges inherent in developing and launching new products and services, including modifying and scaling manufacturing operations, and reliance on third-party suppliers for critical components; (ii) our ability to manufacture robust instrumentation and consumables and develop reliable software solutions; and (iii) the acceptance and adoption by customers of our newly launched or updated products, which may or may not meet our and their expectations, together with other factors detailed in our filings with the Securities and Exchange Commission, including our most recent filings on Forms 10-K and 10-Q, or in information disclosed in public conference calls, the date and time of which are released beforehand. We undertake no obligation, and do not intend, to update these forward-looking statements, to review or confirm analysts' expectations, or to provide interim reports or updates on the progress of the current quarter.
About Illumina
Illumina is improving human health by unlocking the power of the genome. Our focus on innovation has established us as a global leader in DNA sequencing and array-based technologies, serving customers in the research, clinical, and applied markets. Our products are used for applications in the life sciences, oncology, reproductive health, agriculture, and other emerging segments. To learn more, visit illumina.com and connect with us on X, Facebook, LinkedIn, Instagram, TikTok, and YouTube.
ILMN weekly chart shows long-term bullish reversal gaining strength Support Levels in Focus After Pullback Although support was seen near prior highs on Tuesday, a drop below the day’s low could see a decline to test support near the 200-week moving average around $140.70. That average was broken in April 2022, with ILMN trading below it until the recent upside breakout, making its’ reclaim a notable long-term technical milestone.
Upside Targets from Measured Move Structure Upside target zones start with a measured move from the head and shoulders pattern. An initial target is identified near $242.36, which is where the breakout target matches the difference in price defined by the height of the pattern. That zone is validated by a prior resistance shelf from 2022 and the 38.2% Fibonacci retracement of the prior decline at $248.78. When calculating the measured move based on a percentage change, the target points to $351.49, which is validated by the 61.8% Fibonacci retracement at $360.04.
If you’d like to know more about technical analysis and how traders use it, please visit our educational area.
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.
The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.
It also includes access to the Zacks Style Scores.
What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days.
Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks.
Growth ScoreGrowth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time.
Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.
VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank.
How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.
Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +23.7% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey.
That's where the Style Scores come in.
You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only has a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible.
As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy.
Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Illumina (ILMN - Free Report) San Diego, CA.-based Illumina Inc. provides sequencing and array-based solutions for genetic and genomic analysis. The products are used for applications in the life sciences, oncology, reproductive health, agriculture and other emerging segments. Its customers include leading genomic research centers, academic institutions, government laboratories, hospitals as well as pharmaceutical, biotechnology, commercial molecular diagnostic and consumer genomics companies.
ILMN is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.
Additionally, the company could be a top pick for growth investors. ILMN has a Growth Style Score of B, forecasting year-over-year earnings growth of 7% for the current fiscal year.
For fiscal 2026, five analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.04 to $5.18 per share. ILMN boasts an average earnings surprise of +12.2%.
With a solid Zacks Rank and top-tier Growth and VGM Style Scores, ILMN should be on investors' short list.
WTI crude oil has surged from $55.44 in December 2025 to $94.65 as of March 9, 2026, defense budgets are expanding globally, and aviation aftermarket demand keeps outpacing supply. The setup for specialty plays in energy, defense, and aviation services looks compelling. Here are four names ranked by how well-positioned they are to capture the next upcycle.
#4: BETA Technologies Beta Technologies (NYSE:BETA) is building the full electric aviation stack: aircraft, propulsion systems, and charging infrastructure. The company has flown over 120,000 nautical miles across its aircraft family and operates 107 charging sites, 57 of which are active.
Revenue more than doubled year-over-year to $11.13 million in Q4 2025, beating the $7.22 million consensus by 54%. Full-year 2025 revenue came in at $35.62 million. The commercial backlog stands at 891 aircraft worth approximately $3.5 billion, and a 10-year motor supply deal with Eve Air Mobility carries up to $1 billion in value.
The key catalyst is FAA type certification for the H500A electric engine, expected in the first half of 2026. CEO Kyle Clark framed it this way:
“With a healthy balance sheet and clear milestones ahead in 2026, we are set to maintain our commanding lead in electric aviation.”
Clark, Q4 2025 earnings call
The balance sheet is real: $1.71 billion in cash post-IPO. But Beta is burning capital at scale with 2026 adjusted EBITDA guided at negative $305 million to negative $395 million. This is a certification and scale story, not a profitability story yet. The upside is real but entirely contingent on regulatory and commercial execution.
#3: Civitas Resources Civitas Resources (NYSE:CIVI | CIVI Price Prediction) operates in the DJ Basin and Permian Basin. Oil production hit 158 MBbl/d, up 6% sequentially, cash operating expenses fell to $9.67 per BOE, down 5% sequentially, adjusted free cash flow was $254 million, and the company completed a $250 million accelerated share repurchase, buying back roughly 8% of shares in Q3.
With WTI at $94.65 per barrel, the macro backdrop is supportive. The complication is the pending all-stock merger with SM Energy, a $12.8 billion deal that would create a combined entity with over $1.4 billion in annual free cash flow. Guidance has been withdrawn pending the deal, and that visibility gap keeps Civitas in the middle of this list.
#2: Amentum Holdings Amentum Holdings (NYSE:AMTM) is a pure-play advanced engineering and technology company serving nuclear energy, space systems, and critical digital infrastructure. The backlog stands at $47.2 billion with a 1.1x book-to-bill.
Q1 FY2026 revenue came in at $3.237 billion, missing estimates by 2.6%, but the miss was structural. An approximately 8% revenue headwind came from contract transitions into unconsolidated joint ventures and divestitures, not lost business. Underlying EPS growth is guided at approximately 12% for the full year.
Recent wins include a $730 million EDF nuclear services contract in the UK, a $995 million U.S. Air Force RPA IDIQ, and a $151 billion ceiling MDA SHIELD missile defense IDIQ. Moody’s upgraded the credit to Ba3 from B1. Leverage at 3.4x net and negative Q1 free cash flow keep it at number two.
#1: AAR Corp AAR Corp (NYSE:AIR) runs the most consistent beat-and-raise story in this group. Q2 FY2026 adjusted EPS came in at $1.18, beating the $1.04 estimate by nearly 14%. Revenue of $795.3 million beat by 4.5% and grew 15.9% year-over-year. The Parts Supply segment grew 29%, with new parts distribution organic growth at 32%.
CEO John Holmes explained the margin lever:
“Our 16% sales growth translated to 23% adjusted EBITDA growth as we expanded adjusted margins from 11.4% to 12.1%.”
Holmes, Q2 FY2026 earnings call
The HAECO Americas acquisition cost $77 million and came with $850 million in multi-year customer commitments, buying pre-sold capacity. New Oklahoma City and Miami hangars add 15% new capacity in calendar 2026, are already sold out. Government sales grew 23% year-over-year. Full-year FY2026 guidance calls for total sales growth approaching 17%.
Analysts carry a $119.80 consensus price target with five buys and one hold. The stock is up nearly 31% year-to-date and 65% over the past year.
The Bottom Line Each company is positioned differently: Beta is a pre-revenue bet on FAA certification and electric aviation infrastructure; Civitas is an oil producer riding WTI’s recovery but clouded by merger uncertainty; Amentum is a backlog-rich defense and nuclear services contractor working through structural revenue headwinds; and AAR is executing right now, with expanding margins, sold-out capacity, and a software platform layered on top of a parts and maintenance business airlines cannot walk away from. If the aviation aftermarket and defense services upcycle has legs, AAR has demonstrated the most consistent execution of the four companies covered here.
, /PRNewswire/ -- THOR Industries, Inc. (NYSE: THO) today announced that its Board of Directors approved, at its March 24, 2026, meeting, the payment of a regular quarterly cash dividend of $0.52 per share.
The regular cash dividend is payable on April 20, 2026, to shareholders of record at the close of business on April 6, 2026.
About THOR Industries, Inc.
THOR Industries is the sole owner of operating companies which, combined, represent the world's largest manufacturer of recreational vehicles. For more information on the Company and its products, please go to www.thorindustries.com.
Forward-Looking Statements
This release includes certain statements that are "forward-looking" statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made based on management's current expectations and beliefs regarding future and anticipated developments and their effects upon THOR, and inherently involve uncertainties and risks. These forward-looking statements are not a guarantee of future performance. We cannot assure you that actual results will not differ materially from our expectations. Factors which could cause materially different results include, among others: the impact of inflation on the cost of our products as well as on general consumer demand; the effect of raw material and commodity price fluctuations, including the impact of tariffs, and/or raw material, commodity or chassis supply constraints; the impact of war, military conflict, terrorism and/or cyber-attacks, including state-sponsored or ransom attacks; the impact of sudden or significant adverse changes in the cost and/or availability of energy or fuel, including those caused by geopolitical events, on our costs of operation, on raw material prices, on our suppliers, on our independent dealers or on retail customers; the dependence on a small group of suppliers for certain components used in production, including chassis; interest rates and interest rate fluctuations and their potential impact on the general economy and, specifically, on our independent dealers and consumers and our profitability; the ability to ramp production up or down quickly in response to rapid changes in demand or market share while also managing associated costs, including labor-related costs and production capacity costs; the level and magnitude of warranty and recall claims incurred; the ability of our suppliers to financially support any defects in their products; the financial health of our independent dealers and their ability to successfully manage through various economic conditions; legislative, trade, regulatory and tax law and/or policy developments including their potential impact on our independent dealers, retail customers or on our suppliers; the costs of compliance with governmental regulation; the impact of an adverse outcome or conclusion related to current or future litigation or regulatory audits or investigations; public perception of and the costs related to environmental, social and governance matters; legal and compliance issues including those that may arise in conjunction with recently completed transactions; the ability to realize anticipated benefits of strategic realignments or other reorganizational actions; the level of consumer confidence and the level of discretionary consumer spending; the impact of exchange rate fluctuations; restrictive lending practices which could negatively impact our independent dealers and/or retail consumers; management changes; the success of new and existing products and services; the ability to maintain strong brands and develop innovative products that meet consumer demands; changes in consumer preferences; the risks associated with acquisitions, including: the pace and successful closing of an acquisition, the integration and financial impact thereof, the level of achievement of anticipated operating synergies from acquisitions, the potential for unknown or understated liabilities related to acquisitions, the potential loss of existing customers of acquisitions and our ability to retain key management personnel of acquired companies; a shortage of necessary personnel for production and increasing labor costs and related employee benefits to attract and retain production personnel in times of high demand; the loss or reduction of sales to key independent dealers, and stocking level decisions of our independent dealers; disruption of the delivery of units to independent dealers or the disruption of delivery of raw materials, including chassis, to our facilities; increasing costs for freight and transportation; the ability to protect our information technology systems, including confidential and personal information, from data breaches, cyber-attacks and/or network disruptions; asset impairment charges; competition; the impact of losses under repurchase agreements; the impact of the strength of the U.S. dollar on international demand for products priced in U.S. dollars; general economic, market, public health and political conditions in the various countries in which our products are produced and/or sold; the impact of adverse weather conditions and/or weather-related events; the impact of changing emissions and other related climate change regulations in the various jurisdictions in which our products are produced, used and/or sold; changes to our investment and capital allocation strategies or other facets of our strategic plan; and changes in market liquidity conditions, credit ratings and other factors that may impact our access to future funding and the cost of debt.
These and other risks and uncertainties are discussed more fully in our Quarterly Report on Form 10-Q for the quarter ended January 31, 2026 and in Item 1A of our Annual Report on Form 10-K for the year ended July 31, 2025.
We disclaim any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained in this release or to reflect any change in our expectations after the date hereof or any change in events, conditions or circumstances on which any statement is based, except as required by law.
, /PRNewswire/ -- THOR Industries, Inc. (NYSE: THO), the world's largest manufacturer of recreational vehicles, today announced the appointment of Andy Murray as Senior Vice President of Strategy and Business Development, a newly created role reflecting THOR's continued focus on strengthening its supply chain capabilities and supporting long-term value creation across the RV industry.
Murray joins THOR with prior executive-level experience from LCI Industries, where he served for twenty years and most recently as Chief Sales Officer. He is widely respected across the RV and specialty manufacturing industries for his experience and leadership.
"Andy is an outstanding addition to THOR," said Bob Martin, President and Chief Executive Officer of THOR Industries. "He is highly regarded across our industry, and his understanding of the RV supply ecosystem and strong operating discipline will help us further strengthen our partnerships, improve performance, and support our long-term growth strategy."
In his new role, Murray will focus on enhancing operational and financial performance, identifying both organic and M&A growth opportunities, and strengthening collaboration across OEM customers, supply partners, and the broader RV ecosystem.
THOR is uniquely positioned to help strengthen the RV supply base in ways that benefit the entire industry. With its scale, long-standing relationships, and deep understanding of RV manufacturing, the Company is able to support improvements in performance, innovation, and reliability across the supply chain ecosystem.
Importantly, THOR's commitment to focus its resources solely on the RV industry ensures that its interests are fully aligned with those of its supply customers. THOR's strategy is centered entirely on advancing the RV ecosystem, creating a shared incentive to drive long-term success across the value chain.
Supply chain performance continues to be an important part of THOR's long-term strategy. Recent investments, including the February 2026 acquisition of Synergy Design, LLC by Airxcel, reflect THOR's focus on expanding capabilities and supporting the evolving needs of RV OEMs.
"In its supply chain strategy, THOR has built a strong foundation, and there is significant opportunity ahead," said Murray. "THOR has a clear vision for strengthening its capabilities and working across the industry to drive performance and pursue new opportunities that benefit both THOR and the broader RV ecosystem."
THOR remains committed to working closely with its long-standing supplier partners as it continues to evolve its capabilities to better serve customers across the RV industry.
The creation of this role and the hiring of Murray reflects THOR's continued commitment to investing in its capabilities, strengthening its supply network, and positioning the company for long-term, sustainable growth.
About THOR Industries, Inc.
THOR Industries is the sole owner of operating companies which, combined, represent the world's largest manufacturer of recreational vehicles.
For more information on the Company and its products, please go to www.thorindustries.com.
Forward-Looking Statements
This release includes certain statements that are "forward-looking" statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made based on management's current expectations and beliefs regarding future and anticipated developments and their effects upon THOR, and inherently involve uncertainties and risks. These forward-looking statements are not a guarantee of future performance. We cannot assure you that actual results will not differ materially from our expectations. Factors which could cause materially different results include, among others: the impact of inflation on the cost of our products as well as on general consumer demand; the effect of raw material and commodity price fluctuations, including the impact of tariffs, and/or raw material, commodity or chassis supply constraints; the impact of war, military conflict, terrorism and/or cyber-attacks, including state-sponsored or ransom attacks; the impact of sudden or significant adverse changes in the cost and/or availability of energy or fuel, including those caused by geopolitical events, on our costs of operation, on raw material prices, on our suppliers, on our independent dealers or on retail customers; the dependence on a small group of suppliers for certain components used in production, including chassis; interest rates and interest rate fluctuations and their potential impact on the general economy and, specifically, on our independent dealers and consumers and our profitability; the ability to ramp production up or down quickly in response to rapid changes in demand or market share while also managing associated costs, including labor-related costs and production capacity costs; the level and magnitude of warranty and recall claims incurred; the ability of our suppliers to financially support any defects in their products; the financial health of our independent dealers and their ability to successfully manage through various economic conditions; legislative, trade, regulatory and tax law and/or policy developments including their potential impact on our independent dealers, retail customers or on our suppliers; the costs of compliance with governmental regulation; the impact of an adverse outcome or conclusion related to current or future litigation or regulatory audits or investigations; public perception of and the costs related to environmental, social and governance matters; legal and compliance issues including those that may arise in conjunction with recently completed transactions; the ability to realize anticipated benefits of strategic realignments or other reorganizational actions; the level of consumer confidence and the level of discretionary consumer spending; the impact of exchange rate fluctuations; restrictive lending practices which could negatively impact our independent dealers and/or retail consumers; management changes; the success of new and existing products and services; the ability to maintain strong brands and develop innovative products that meet consumer demands; changes in consumer preferences; the risks associated with acquisitions, including: the pace and successful closing of an acquisition, the integration and financial impact thereof, the level of achievement of anticipated operating synergies from acquisitions, the potential for unknown or understated liabilities related to acquisitions, the potential loss of existing customers of acquisitions and our ability to retain key management personnel of acquired companies; a shortage of necessary personnel for production and increasing labor costs and related employee benefits to attract and retain production personnel in times of high demand; the loss or reduction of sales to key independent dealers, and stocking level decisions of our independent dealers; disruption of the delivery of units to independent dealers or the disruption of delivery of raw materials, including chassis, to our facilities; increasing costs for freight and transportation; the ability to protect our information technology systems, including confidential and personal information, from data breaches, cyber-attacks and/or network disruptions; asset impairment charges; competition; the impact of losses under repurchase agreements; the impact of the strength of the U.S. dollar on international demand for products priced in U.S. dollars; general economic, market, public health and political conditions in the various countries in which our products are produced and/or sold; the impact of adverse weather conditions and/or weather-related events; the impact of changing emissions and other related climate change regulations in the various jurisdictions in which our products are produced, used and/or sold; changes to our investment and capital allocation strategies or other facets of our strategic plan; and changes in market liquidity conditions, credit ratings and other factors that may impact our access to future funding and the cost of debt.
These and other risks and uncertainties are discussed more fully in our Quarterly Report on Form 10-Q for the quarter ended January 31, 2026 and in Item 1A of our Annual Report on Form 10-K for the year ended July 31, 2025.
We disclaim any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained in this release or to reflect any change in our expectations after the date hereof or any change in events, conditions or circumstances on which any statement is based, except as required by law.
It has been about a month since the last earnings report for Thor Industries (THO - Free Report) . Shares have lost about 14.3% in that time frame, underperforming the S&P 500.
But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Thor Industries due for a breakout? Well, first let's take a quick look at the most recent earnings report in order to get a better handle on the recent drivers for Thor Industries, Inc. before we dive into how investors and analysts have reacted as of late.
THOR Q2 Earnings Surpass Expectations, Revenues Rise Y/YTHOR reported earnings of 4 cents per share for the second quarter of fiscal 2026 (ended Jan. 31), beating the Zacks Consensus Estimate of 3 cents. In the year-ago quarter, the company posted a loss of 1 cent per share.
THOR registered revenues of $2.13 billion for the fiscal second quarter, surpassing the Zacks Consensus Estimate of $1.98 billion. The top line increased 5.3% year over year.
Segmental ResultsNorth American Towable RVs: Segment revenues declined 14.2% year over year to $710.49 million due to a drop in unit shipments. The revenues missed our estimate of $719.2 million. Unit shipments in the quarter under review totaled 21,577, down from 28,013 units in the year-ago period.
Gross profit totaled $75.5 million, down 17.6% year over year due to higher material and overhead costs. Pretax income increased to $31.2 million from $28.2 million in the prior-year quarter, thanks to higher gains on asset sales. The unit’s backlog stood at $621.5 million at quarter-end, compared with $1.07 billion as of Jan. 31, 2025.
North American Motorized RVs: Segment revenues totaled $577.07 million, up 29.3% year over year, driven by an increase in unit shipments. The figure also surpassed our estimate of $465.9 million. Unit shipments totaled 4,524 compared with 3,526 reported a year ago.
Gross profit totaled $54.64 million, up 57.3% year over year, driven by volume leverage and lower labor costs. Pretax profit rose sharply to $20.9 million from the year-ago period. The segment’s backlog stood at $1.04 billion, down from $1.12 billion as of Jan. 31, 2025.
European RVs: Segment revenues totaled $684.47 million, up 11.8% year over year due to an increase in unit shipments. The figure also surpassed our estimate of $599.3. Unit shipments totaled 9,465 compared with 9,442 reported a year ago.
Gross profit totaled $75.1 million, down 7.2% year over year due to a greater share of lower-margin special-edition motorcaravans and higher warranty costs. The segment reported a pretax loss of $12.3 million compared with pretax income of $2.21 million in the year-ago period. The backlog stood at $1.83 billion, up from $1.64 billion as of Jan. 31, 2025.
FinancialsAs of Jan. 31, 2026, THOR had cash and cash equivalents of $242.2 million and long-term debt of $877.7 million.
Thor Provides 2026 GuidanceTHOR expects its fiscal 2026 consolidated net sales to be in the range of $9-$9.5 billion compared with $9.58 billion in fiscal 2025. EPS is expected to be in the range of $3.75-$4.25 compared with $4.84 in fiscal 2025.
How Have Estimates Been Moving Since Then?In the past month, investors have witnessed a downward trend in fresh estimates.
The consensus estimate has shifted -8.2% due to these changes.
VGM ScoresCurrently, Thor Industries has a subpar Growth Score of D, though it is lagging a bit on the Momentum Score front with an F. However, the stock was allocated a score of B on the value side, putting it in the second quintile for value investors.
Overall, the stock has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in.
OutlookEstimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, Thor Industries has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
Shares of Thor Industries, Inc. (NYSE:THO – Get Free Report) have received a consensus rating of “Hold” from the thirteen analysts that are covering the company, Marketbeat Ratings reports. Ten research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1-year target price among analysts that have covered the stock in the last year is $106.10.
A number of brokerages have recently weighed in on THO. BMO Capital Markets reduced their price target on shares of Thor Industries from $135.00 to $125.00 and set an “outperform” rating on the stock in a research report on Wednesday, March 4th. Benchmark reissued a “hold” rating on shares of Thor Industries in a research report on Wednesday, March 4th. Citigroup reduced their price target on shares of Thor Industries from $116.00 to $100.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 4th. Zacks Research raised shares of Thor Industries from a “strong sell” rating to a “hold” rating in a research report on Thursday, January 1st. Finally, DA Davidson reduced their price target on shares of Thor Industries from $102.00 to $100.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 4th.
Check Out Our Latest Research Report on THO
Thor Industries Trading Down 1.4% Shares of NYSE THO opened at $76.22 on Wednesday. The company’s fifty day moving average is $96.36 and its 200-day moving average is $102.36. The stock has a market cap of $4.01 billion, a price-to-earnings ratio of 23.67, a P/E/G ratio of 1.50 and a beta of 1.45. Thor Industries has a twelve month low of $63.15 and a twelve month high of $122.83. The company has a quick ratio of 0.73, a current ratio of 1.76 and a debt-to-equity ratio of 0.20.
Thor Industries (NYSE:THO – Get Free Report) last announced its quarterly earnings results on Tuesday, March 3rd. The RV manufacturer reported $0.34 earnings per share for the quarter, topping analysts’ consensus estimates of $0.03 by $0.31. The company had revenue of $2.13 billion for the quarter, compared to analysts’ expectations of $1.96 billion. Thor Industries had a net margin of 3.02% and a return on equity of 6.96%. The business’s quarterly revenue was up 5.3% compared to the same quarter last year. During the same period last year, the firm posted ($0.01) earnings per share. Thor Industries has set its FY 2026 guidance at 3.750-4.250 EPS. Equities research analysts predict that Thor Industries will post 4.64 EPS for the current year.
Thor Industries Announces Dividend The company also recently declared a quarterly dividend, which will be paid on Monday, April 20th. Stockholders of record on Monday, April 6th will be given a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend is Monday, April 6th. Thor Industries’s dividend payout ratio (DPR) is currently 64.60%.
Insider Buying and Selling at Thor Industries In related news, COO W. Todd Woelfer sold 4,567 shares of the company’s stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $114.84, for a total value of $524,474.28. Following the completion of the transaction, the chief operating officer directly owned 104,109 shares of the company’s stock, valued at approximately $11,955,877.56. This represents a 4.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Peter Busch Orthwein bought 2,600 shares of Thor Industries stock in a transaction that occurred on Friday, March 6th. The stock was bought at an average cost of $88.25 per share, with a total value of $229,450.00. Following the completion of the purchase, the director owned 139,000 shares in the company, valued at approximately $12,266,750. This trade represents a 1.91% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders own 4.70% of the company’s stock.
Hedge Funds Weigh In On Thor Industries A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. ACR Alpine Capital Research LLC boosted its stake in Thor Industries by 0.7% in the 4th quarter. ACR Alpine Capital Research LLC now owns 4,133,782 shares of the RV manufacturer’s stock worth $424,415,000 after purchasing an additional 26,712 shares during the period. Dimensional Fund Advisors LP boosted its stake in Thor Industries by 1.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,050,494 shares of the RV manufacturer’s stock worth $313,201,000 after purchasing an additional 48,157 shares during the period. Life Cycle Investment Partners Ltd acquired a new position in Thor Industries in the 4th quarter worth $255,482,000. Capital Research Global Investors boosted its stake in Thor Industries by 3.2% in the 4th quarter. Capital Research Global Investors now owns 1,581,876 shares of the RV manufacturer’s stock worth $162,411,000 after purchasing an additional 48,466 shares during the period. Finally, American Century Companies Inc. boosted its stake in Thor Industries by 16.7% in the 3rd quarter. American Century Companies Inc. now owns 1,362,071 shares of the RV manufacturer’s stock worth $141,233,000 after purchasing an additional 195,357 shares during the period. 96.71% of the stock is owned by institutional investors and hedge funds.
Thor Industries Company Profile (Get Free Report)
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.
Read More Five stocks we like better than Thor Industries
Receive News & Ratings for Thor Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Thor Industries and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINECoty (NYSE:COTY) Given Consensus Rating of “Reduce” by Brokerages
NEXT HEADLINE »EastGroup Properties, Inc. (NYSE:EGP) Given Average Rating of “Moderate Buy” by Brokerages
, /PRNewswire/ -- THOR Industries, Inc. (NYSE: THO) today announced that the date for its fiscal 2026 third quarter earnings release will be on Wednesday, June 3, 2026, before the market opens.
Upon the release of THOR's fiscal 2026 third quarter earnings, the Company will concurrently publish a copy of the earnings release, a comprehensive question and answer document and a slide presentation on the Company's website. To view the quarterly earnings documents, please go to http://ir.thorindustries.com/.
About THOR Industries, Inc.
THOR Industries is the sole owner of operating companies which, combined, represent the world's largest manufacturer of recreational vehicles. For more information on the Company and its products, please go to www.thorindustries.com.
Forward-Looking Statements
This release includes certain statements that are "forward-looking" statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made based on management's current expectations and beliefs regarding future and anticipated developments and their effects upon THOR, and inherently involve uncertainties and risks. These forward-looking statements are not a guarantee of future performance. We cannot assure you that actual results will not differ materially from our expectations. Factors which could cause materially different results include, among others: the impact of inflation on the cost of our products as well as on general consumer demand; the effect of raw material and commodity price fluctuations, including the impact of tariffs, and/or raw material, commodity or chassis supply constraints; the impact of war, military conflict, terrorism and/or cyber-attacks, including state-sponsored or ransom attacks; the impact of sudden or significant adverse changes in the cost and/or availability of energy or fuel, including those caused by geopolitical events, on our costs of operation, on raw material prices, on our suppliers, on our independent dealers or on retail customers; the dependence on a small group of suppliers for certain components used in production, including chassis; interest rates and interest rate fluctuations and their potential impact on the general economy and, specifically, on our independent dealers and consumers and our profitability; the ability to ramp production up or down quickly in response to rapid changes in demand or market share while also managing associated costs, including labor-related costs and production capacity costs; the level and magnitude of warranty and recall claims incurred; the ability of our suppliers to financially support any defects in their products; the financial health of our independent dealers and their ability to successfully manage through various economic conditions; legislative, trade, regulatory and tax law and/or policy developments including their potential impact on our independent dealers, retail customers or on our suppliers; the costs of compliance with governmental regulation; the impact of an adverse outcome or conclusion related to current or future litigation or regulatory audits or investigations; public perception of and the costs related to environmental, social and governance matters; legal and compliance issues including those that may arise in conjunction with recently completed transactions; the ability to realize anticipated benefits of strategic realignments or other reorganizational actions; the level of consumer confidence and the level of discretionary consumer spending; the impact of exchange rate fluctuations; restrictive lending practices which could negatively impact our independent dealers and/or retail consumers; management changes; the success of new and existing products and services; the ability to maintain strong brands and develop innovative products that meet consumer demands; changes in consumer preferences; the risks associated with acquisitions, including: the pace and successful closing of an acquisition, the integration and financial impact thereof, the level of achievement of anticipated operating synergies from acquisitions, the potential for unknown or understated liabilities related to acquisitions, the potential loss of existing customers of acquisitions and our ability to retain key management personnel of acquired companies; a shortage of necessary personnel for production and increasing labor costs and related employee benefits to attract and retain production personnel in times of high demand; the loss or reduction of sales to key independent dealers, and stocking level decisions of our independent dealers; disruption of the delivery of units to independent dealers or the disruption of delivery of raw materials, including chassis, to our facilities; increasing costs for freight and transportation; the ability to protect our information technology systems, including confidential and personal information, from data breaches, cyber-attacks and/or network disruptions; asset impairment charges; competition; the impact of losses under repurchase agreements; the impact of the strength of the U.S. dollar on international demand for products priced in U.S. dollars; general economic, market, public health and political conditions in the various countries in which our products are produced and/or sold; the impact of adverse weather conditions and/or weather-related events; the impact of changing emissions and other related climate change regulations in the various jurisdictions in which our products are produced, used and/or sold; changes to our investment and capital allocation strategies or other facets of our strategic plan; and changes in market liquidity conditions, credit ratings and other factors that may impact our access to future funding and the cost of debt.
These and other risks and uncertainties are discussed more fully in our Quarterly Report on Form 10-Q for the quarter ended January 31, 2026 and in Item 1A of our Annual Report on Form 10-K for the year ended July 31, 2025.
We disclaim any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained in this release or to reflect any change in our expectations after the date hereof or any change in events, conditions or circumstances on which any statement is based, except as required by law.
On May 20, 2026, Thor Industries Inc THO shares rose 3.6% to $74.76, recovering slightly after a challenging year where the stock has declined 26.3% year-to-date and 8.6% over the past year. The shares have fluctuated between a 52-week high of $122.83 and a low of $70.56.
GF Value™ verdict: Current price is $74.76, compared to GF Value™ of $96.65, indicating a 22.6% upside.GF Score™: 76/100, indicating an above-average potential for long-term returns.Most notable signal: Insiders have bought $0.2M in shares over the last 3 months, with no selling activity. Is THO Overvalued or Undervalued? Thor Industries Inc THO is currently trading at $74.76, which is significantly below its GF Value™ of $96.65. This represents a margin of safety of approximately 22.6%, suggesting that the stock is undervalued at its current price. The GF Valuation label suggests that the stock is modestly undervalued, indicating potential opportunities for investors who are looking for a solid entry point in a company with a strong market presence.
GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates. While the undervaluation presents an opportunity, it is essential to consider the company’s current financial and market conditions, which may affect its recovery and future performance.
How Does THO's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 13.3x 14.3x Forward P/E 13.3x N/A Thor Industries' current P/E (TTM) of 13.3x is below its 5-year median P/E of 14.3x by approximately 7%. This analysis aligns with the GF Value™ verdict, suggesting that the stock is trading at a discount to its historical valuation. The lower P/E ratio may indicate that the market has priced in some risks or uncertainties associated with the company’s future growth prospects.
What Does THO's GF Score™ Tell Us? Metric Rating GF Score™ 76 Financial Strength 7/10 Profitability 7/10 Growth 4/10 Valuation 8/10 Momentum 5/10 The GF Score™ of 76/100 indicates that Thor Industries Inc has a favorable ranking based on key factors. The strongest areas are Financial Strength and Profitability, both rated at 7/10, suggesting a stable financial foundation and good profit margins. However, the Growth rank of 4/10 indicates that there may be concerns regarding the company’s ability to expand its revenue or earnings in the near term, which could affect its long-term performance.
What Are Insiders Doing with THO Stock? In the past three months, insiders have purchased approximately $0.2 million worth of Thor Industries shares, with no selling activity reported. This pattern of buying suggests that insiders have confidence in the company’s future prospects, which can be a positive signal for investors. The absence of selling further reinforces the belief that insiders view the current price as an attractive entry point.
What This Means for Investors Based on the GF Value™, Thor Industries Inc THO is currently undervalued. The significant margin of safety relative to the GF Value™ indicates a potential opportunity for investors seeking exposure to the vehicles and parts industry. However, it is essential to consider market conditions and the company's growth prospects before making any investment decisions.
For the complete analysis, visit the Thor Industries Inc THO stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.
Frequently Asked Questions What is THO's GF Score™?
THO's GF Score™ is 76/100, indicating that it has an above-average potential for long-term returns based on key financial metrics.
Is THO overvalued or undervalued?
THO is currently undervalued, with a GF Value™ of $96.65 compared to its current price of $74.76, suggesting a potential upside of 22.6%.
What is THO's P/E ratio?
THO's P/E (TTM) is 13.3x, which is 7% below its 5-year median P/E of 14.3x, indicating that it is trading at a discount compared to its historical valuation.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
What happenedAn SEC filing dated May 14, 2026, shows Timucuan Asset Management sold 47,996 shares of Thor Industries (THO +1.64%) during the first quarter. The estimated transaction value is $4.89 million based on the average closing price from January through March. The quarter-end value of the position decreased by $63.05 million, reflecting both trading activity and price movements.
What else to knowThis sale left Thor Industries at 7.5% of the fund's reportable AUM at the end of the quarter.
Top holdings after the filing:Charles Schwab: $277.15 million (10.2% of AUM)Installed Building Products: $219.24 million (8.1% of AUM)Somnigroup International: $217.45 million (8.0% of AUM)Analog Devices: $216.29 million (8.0% of AUM)Thor Industries: $203.84 million (7.5% of AUM)As of May 20, 2026, Thor Industries shares were trading at $74.76, down 9.7% over the past year and underperforming the S&P 500 by 34 percentage points.
Company overviewMetricValueRevenue (TTM)$9.93 billionNet income (TTM)$300.41 millionDividend yield2.78%Price (as of market close May 20, 2026)$74.76Company snapshotThor Industries:
Offers a broad portfolio of recreational vehicles (RVs), including travel trailers, motorhomes, fifth wheels, and related parts and accessories across North America and Europe.Generates revenue primarily through the design, manufacture, and sale of RVs and components, and distributes products through independent and non-franchise dealers.Serves outdoor enthusiasts, families, and travelers seeking mobile leisure solutions, with a customer base spanning the United States, Canada, and Europe.Thor Industries is a leading manufacturer in the recreational vehicle sector, operating at scale with diversified product lines and a global footprint. The company leverages a dealer-based distribution network to reach a broad customer base and sustain recurring revenue through both vehicle sales and aftermarket parts. Its strategic focus on product innovation and market expansion underpins a competitive position in the consumer cyclical industry.
What this transaction means for investorsTimucuan Asset Management is known for maintaining a concentrated portfolio and holding onto its favorite holdings for years, if not decades. I think this is important to note in the context of the firm’s Q1 Thor Industries sale, as I don’t believe investors should overreact to this news. The firm has been holding (and adding to) Thor since 2019 and only sold roughly 2% of its stake in Q1. In fact, Timucuan still holds nearly 5% of Thor’s total shares outstanding, so this isn’t a major sale by any means.
As for the stock itself, Thor operates in the highly cyclical RV industry, but has produced incredible returns for investors who bought and held for the long haul. Thor has delivered a 14% annualized total return since 1990 and has increased its dividend payments for 16 years, despite the inherent cyclicality of its operations. Furthermore, the company continues to hold a near-50% market share in the motorized RV niche in North America. It also holds No. 1 or No. 2 positions in N.A.’s towable niche and the European RV market.
While the current market is challenging for Thor, as consumer confidence remains weak and the company continues to rebound from the decline it saw following immense pandemic-fueled growth, its price-to-sales ratio of 0.40 is well below its ten-year average of 0.57. While I’m not sure exactly why Timucuan trimmed its Thor Industries position, investors shouldn’t worry about the transaction either way. In fact, I’d argue that if you’re truly interested in the stock, now is as good a time as any to take a serious look at the long-term outperformer.
Charles Schwab is an advertising partner of Motley Fool Money. Josh Kohn-Lindquist has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Installed Building Products. The Motley Fool recommends Charles Schwab and recommends the following options: short June 2026 $97.50 calls on Charles Schwab. The Motley Fool has a disclosure policy.
Wall Street analysts expect Thor Industries (THO - Free Report) to post quarterly earnings of $1.88 per share in its upcoming report, which indicates a year-over-year decline of 32.1%. Revenues are expected to be $2.64 billion, down 8.7% from the year-ago quarter.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
Given this perspective, it's time to examine the average forecasts of specific Thor Industries metrics that are routinely monitored and predicted by Wall Street analysts.
It is projected by analysts that the 'Net Sales- Recreational vehicles- North American Motorized' will reach $612.10 million. The estimate indicates a year-over-year change of -8.2%.
The average prediction of analysts places 'Net Sales- Recreational vehicles- North American Towable' at $1.02 billion. The estimate indicates a year-over-year change of -12.5%.
Analysts expect 'Net Sales- Recreational vehicles- Total' to come in at $2.40 billion. The estimate indicates a change of -11.7% from the prior-year quarter.
Analysts forecast 'Net Sales- Recreational vehicles- European' to reach $824.29 million. The estimate points to a change of -6.7% from the year-ago quarter.
Analysts' assessment points toward 'Net Sales- Recreational vehicles- Total North America' reaching $1.64 billion. The estimate indicates a year-over-year change of -10.9%.
The combined assessment of analysts suggests that 'Unit Shipments - Recreational vehicles - European' will likely reach 12,219 . Compared to the present estimate, the company reported 13,495 in the same quarter last year.
The collective assessment of analysts points to an estimated 'Unit Shipments - Recreational vehicles - North American Towable' of 31,127 . The estimate is in contrast to the year-ago figure of 36,077 .
Based on the collective assessment of analysts, 'Unit Shipments - Total' should arrive at 48,868 . Compared to the current estimate, the company reported 55,079 in the same quarter of the previous year.
According to the collective judgment of analysts, 'Unit Shipments - Recreational vehicles - Total North America' should come in at 36,649 . Compared to the present estimate, the company reported 41,584 in the same quarter last year.
The consensus among analysts is that 'Unit Shipments - Recreational vehicles - North American Motorized' will reach 5,522 . Compared to the present estimate, the company reported 5,507 in the same quarter last year.
Analysts predict that the 'Gross Profit- Recreational vehicles- North American Motorized' will reach $79.47 million. The estimate compares to the year-ago value of $70.30 million.
The consensus estimate for 'Gross Profit- Other' stands at $62.69 million. Compared to the present estimate, the company reported $55.68 million in the same quarter last year.
View all Key Company Metrics for Thor Industries here>>>
Over the past month, shares of Thor Industries have returned +1.6% versus the Zacks S&P 500 composite's +6% change. Currently, THO carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
(1) See reconciliation of non-GAAP measures to the most directly comparable GAAP financial measures included at the end of this release
Fiscal 2026 Third Quarter
Net sales of $2.78 billion, Net income attributable to THOR of $97.2 million and EBITDA of $209.1 million in the quarter North American Motorized and European top-line results continue to indicate resilient demand for these products in a difficult macroeconomic environment Opportunistically repurchased $50.5 million of shares during the quarter Net income attributable to THOR was aided by gains from favorable market value adjustments on certain investments as well as gains on the sales of certain real estate associated with strategically optimizing our footprint. Adjusted EBITDA of $183.6 million in the quarter excludes, among other items, nonrecurring costs or benefits associated with strategic reorganization initiatives, the impact of gains on investments and the impact of real estate transactions Full-year fiscal 2026 diluted EPS guidance has been revised in light of prolonged macroeconomic headwinds Consolidated net sales in the range of $9.0 billion to $9.5 billion (no revision) Diluted earnings per share in the range of $3.30 to $3.80 (previously $3.75 to $4.25) , /PRNewswire/ -- THOR Industries, Inc. (NYSE: THO) today announced financial results for its fiscal 2026 third quarter ended April 30, 2026.
"At the end of our fiscal second quarter, we correctly identified the risk of geopolitical events having an adverse impact on the RV selling season. The consequences of this risk coming to fruition during our fiscal third quarter have exceeded the expectations of our industry due to the unforeseen duration of these macroeconomic influences and their impact on consumer sentiment and material costs. In particular, our North American Towable segment has confronted both suppressed volumes due to strained consumer sentiment and rising material costs brought on by tariff and inflationary pressures. Despite these challenges, we are focused on executing our strategy within any economic environment. Our fiscal third quarter results demonstrate the steadfastness of our teams as we navigate this challenging macroeconomic backdrop. Our North American Motorized and European segment results showed resilience and illustrate an enduring interest in the RV lifestyle, with fiscal 2026 third quarter Motorized net sales up 7.7% and European net sales up 3.6% on a constant currency basis compared to the prior-year period. We remain committed to diligently managing our business and better positioning it for the near-term RV landscape as we wait for resolutions to macroeconomic headwinds and an inflection in consumer confidence and the retail market. Our previously announced strategic realignment of our North American RV operations is well under way with management team assessments largely complete and initiatives ready to be implemented. Our operations in both North America and Europe continue to be streamlined while also delivering innovative and refreshed products. We have invested heavily in growing our owned supplier businesses to further diversify our revenue streams within the RV market and provide optionality as a trusted partner within the supplier landscape. Our future is bright, supported by the strong foundation we have built and the operational efficiencies we continue to pursue," stated Bob Martin, President and Chief Executive Officer of THOR Industries. "Our confidence in the appeal of the RV lifestyle remains high despite current macroeconomic impediments. We look forward to advancing the realignment of our North American RV operations and to start seeing key initiatives put in motion as well as their benefits starting to be realized. We are clear and confident in our strategy going forward, and are well-equipped to manage through any market landscape."
Todd Woelfer, Senior Vice President and Chief Operating Officer, added, "Our fiscal third quarter results reflect both the resilience of our diversified business model and the persistent macroeconomic headwinds facing the RV consumer. With three quarters of fiscal 2026 now complete, we have meaningful visibility into the full-year trajectory of our financial performance. The strained retail environment is reflective of the low level of consumer confidence and has led to reduced retail expectations for the industry. Cost pressures have particularly weighed on our North American Towable results. Even against the backdrop of macroeconomic uncertainty and a subdued retail environment, our conviction that the RV lifestyle continues to resonate with consumers was affirmed. Our North American Motorized segment delivered net sales growth compared to the prior-year period and expanded its retail market share to 47.8% for the three months ended March 31, 2026, while our European segment also grew net sales compared to the prior-year period and increased retail market share to 24.4% for the three months ended March 31, 2026, clear evidence that demand for our products remains durable in the categories where consumers see compelling value. In addition to the resilience of these segments, our owned supply companies continue to provide a lift to our consolidated financial results, with strong top- and bottom-line performances and content per unit growth across the RV industry for the nine months ended April 30, 2026 compared to the prior-year period. At the same time, we recognize that our North American Towable segment is facing continuing and amplified headwinds, and the strategic realignment we have set in motion is specifically designed to position that segment for stronger net sales and margin performance as retail conditions improve."
"As we enter the final quarter of fiscal 2026 mindful of the heightened uncertainty affecting consumer confidence and dealer ordering patterns, we are focused on execution: progressing through the operational steps of our North American RV realignment, continuing to invest in product innovation across all of our brands and maintaining the disciplined capital allocation framework that has allowed us to return capital to shareholders while preserving balance sheet strength. We have built THOR to perform through cycles, and the work we are doing today is creating a stronger foundation for the long-term value we are committed to delivering to our shareholders," stated Woelfer.
"Our disciplined capital allocation framework allowed us to maintain our balance sheet focus amidst an otherwise challenging operational environment. During the quarter, we returned capital to shareholders through $50.5 million in share repurchases and $27.1 million in dividend payments. We took advantage of suppressed market values due to macroeconomic conditions and strategically repurchased shares," added Colleen Zuhl, Senior Vice President and Chief Financial Officer. "We remain focused on maintaining the Company's resiliency within a difficult economic backdrop while still being poised for growth opportunities. THOR has demonstrated throughout its history an ability to manage through a diverse set of market conditions. Our strong liquidity position allows us to weather difficult environments while also being able to explore attractive ventures. Our focus going forward is to continue to manage working capital and to protect margins through efficiencies and production discipline, all while remaining committed to investing in our business. This commitment includes strategic initiatives that are forward-thinking and create long-term shareholder value. As we begin our fiscal 2026 fourth quarter, we are confident that our liquidity position affords us to not have to settle on an individual priority but instead pick and choose advantageous opportunities as they arise."
Third Quarter Financial Results
THOR's consolidated results were primarily driven by the results of its individual reportable segments as noted below.
Segment Results
North American Towable RVs
($ in thousands)
Three Months Ended
April 30,
Change
Nine Months Ended
April 30,
Change
2026
2025
2026
2025
Net Sales
$ 881,778
$ 1,168,878
(24.6) %
$ 2,489,353
$ 2,895,922
(14.0) %
Unit Shipments
27,045
36,077
(25.0) %
74,429
94,108
(20.9) %
Gross Profit
$ 89,693
$ 174,317
(48.5) %
$ 284,186
$ 378,400
(24.9) %
Gross Profit Margin %
10.2 %
14.9 %
(470) bps
11.4 %
13.1 %
(170) bps
Income Before Income Taxes
$ 52,683
$ 97,587
(46.0) %
$ 130,349
$ 172,560
(24.5) %
As of April 30,
Change
($ in thousands)
2026
2025
Order Backlog
$ 385,988
$ 634,318
(39.1) %
Net sales declined in our fiscal 2026 third quarter compared to the prior-year period due to a 25.0% decrease in unit shipments influenced by a challenging retail environment and cautious independent dealer ordering patterns. The gross profit margin percentage in the third quarter of fiscal 2026 declined by 470 basis points compared to the prior-year period, primarily due to lower sales, an increased material cost percentage and an unfavorable product mix. Income before income taxes for the three and nine months ended April 30, 2026, includes gains on sales of fixed assets of $23.8 million and $36.8 million, respectively. North American Motorized RVs
($ in thousands)
Three Months Ended
April 30,
Change
Nine Months Ended
April 30,
Change
2026
2025
2026
2025
Net Sales
$ 717,736
$ 666,686
7.7 %
$ 1,955,903
$ 1,618,192
20.9 %
Unit Shipments
6,008
5,507
9.1 %
15,482
12,774
21.2 %
Gross Profit
$ 62,947
$ 70,297
(10.5) %
$ 189,209
$ 147,765
28.0 %
Gross Profit Margin %
8.8 %
10.5 %
(170) bps
9.7 %
9.1 %
+60 bps
Income Before Income Taxes
$ 25,349
$ 32,883
(22.9) %
$ 79,402
$ 46,262
71.6 %
As of April 30,
Change
($ in thousands)
2026
2025
Order Backlog
$ 766,117
$ 883,739
(13.3) %
Net sales for the North American Motorized segment increased 7.7% in the third quarter of fiscal 2026 compared to the prior-year period, driven by a 9.1% increase in unit shipments and a 1.4% decrease in the overall net price per unit as our more moderately priced Class C products remain popular with consumers. The gross profit margin percentage declined 170 basis points compared to the prior-year period due to the increased volumes being more than offset by the combined increases in the material, warranty and overhead cost percentages. European RVs
($ in thousands)
Three Months Ended
April 30,
Change
Nine Months Ended
April 30,
Change
2026
2025
2026
2025
Net Sales
$ 987,585
$ 883,542
11.8 %
$ 2,327,536
$ 2,100,910
10.8 %
Unit Shipments
14,065
13,495
4.2 %
32,253
31,572
2.2 %
Gross Profit
$ 142,029
$ 142,830
(0.6) %
$ 294,972
$ 316,407
(6.8) %
Gross Profit Margin %
14.4 %
16.2 %
(180) bps
12.7 %
15.1 %
(240) bps
Income Before Income Taxes
$ 56,167
$ 46,299
21.3 %
$ 17,221
$ 49,686
(65.3) %
As of April 30,
Change
($ in thousands)
2026
2025
Order Backlog
$ 1,357,430
$ 1,343,608
1.0 %
European RV net sales for the third quarter of fiscal 2026 increased 11.8% compared to the prior-year period, driven by the combined impact of a 4.2% increase in unit shipments and a 7.6% increase in the overall net price per unit, of which 8.2% was due to favorable changes in foreign currency exchange rates. The gross profit margin percentage fell 180 basis points in our fiscal 2026 third quarter compared to the prior-year period due to a higher material cost percentage, a higher mix of lower-margin special-edition motorcaravan products and an increased warranty cost percentage. Income before income taxes includes restructuring costs of $3.4 million and $15.8 million for the three and nine months ended April 30, 2026, respectively. Fiscal 2026 Guidance
"Our results through the first three quarters of fiscal 2026 reflect the persistent macroeconomic pressures weighing on the broader RV market, including a challenged retail environment driven in large part by low consumer confidence, cautious independent dealer ordering patterns and ongoing tariff-related and inflationary cost dynamics that continue to negatively impact industry-wide performance. While these external conditions remain outside of our control, we are firmly focused on the conditions that are within our control — measured production management, the strategic realignment of our North American RV operations, continued operational improvements across our European segment and the disciplined capital allocation framework that has guided our decisions throughout the fiscal year. Given the prolonged geopolitical and macroeconomic conditions and the resulting pressure on consumer confidence and retail demand, we believe it is prudent to revise portions of our full-year guidance. Despite this revision, we remain confident in our ability to execute through the remainder of fiscal 2026 and position THOR to outperform when market conditions stabilize," commented Woelfer.
For fiscal 2026, the Company's full-year financial guidance includes:
Consolidated net sales in the range of $9.0 billion to $9.5 billion (no revision) Declining gross margin at midpoint (previously stable) Diluted earnings per share in the range of $3.30 to $3.80 (previously $3.75 to $4.25) For the fiscal year 2026 period, an assumption of a mid-teens retail decline in North America with a low-single-digit market share decline in North American Towables and a low-single-digit market share gain in North American Motorized (previously low- to mid-single-digit retail decline in North America with stable market share) No meaningful financial impact for the balance of the fiscal year related to the strategic evolution of our North American RV operations (no revision) A total tax rate in the range of 26% to 28% including estimated discrete items (previously 24% to 26% excluding discrete items) Mr. Martin concluded by saying, "While the current operating environment reflects heightened near-term headwinds for our industry, our conviction in the long-term trajectory of the RV market remains as strong as ever. Consumers continue to value the freedom, flexibility and connection to the outdoors that the RV lifestyle uniquely provides. The fundamental drivers of demand — favorable demographic trends, the enduring appeal of outdoor recreation and the millions of consumers introduced to the RV lifestyle over the past several years — remain firmly intact. As we enter the final quarter of fiscal 2026, we are focused on executing the strategic initiatives that will position THOR to lead the RV industry into its next phase of growth. We have built this Company to perform across cycles, and the operational discipline, brand strength and innovation pipeline we are advancing today give me tremendous confidence in our ability to deliver sustainable, long-term value for our shareholders, our independent dealer partners and the consumers we serve."
Supplemental Earnings Release Materials
THOR Industries has provided a comprehensive question and answer document, as well as a PowerPoint presentation, relating to its quarterly results and other topics.
To view these materials, go to http://ir.thorindustries.com.
About THOR Industries, Inc.
THOR Industries is the sole owner of operating companies which, combined, represent the world's largest manufacturer of recreational vehicles.
For more information on the Company and its products, please go to www.thorindustries.com.
Forward-Looking Statements
This release includes certain statements that are "forward-looking" statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made based on management's current expectations and beliefs regarding future and anticipated developments and their effects upon THOR and inherently involve uncertainties and risks. These forward-looking statements are not a guarantee of future performance and actual results may differ materially from our expectations. Factors which could cause materially different results include, among others: the impact of inflation on the cost of our products as well as on general consumer demand; the level of consumer confidence and the level of discretionary consumer spending; the effect of raw material and commodity price fluctuations, including the impact of tariffs, and/or raw material, commodity or chassis supply constraints; the impact of war, military conflict, terrorism and/or cyber-attacks, including state-sponsored or ransom attacks; the impact of sudden or significant adverse changes in the cost and/or availability of energy or fuel, including those caused by geopolitical events, on our costs of operation, on raw material prices, on our suppliers, on our independent dealers or on retail customers; the dependence on a small group of suppliers for certain components used in production, including chassis; interest rates and interest rate fluctuations and their potential impact on the general economy and, specifically, on our independent dealers and consumers and our profitability; the ability to ramp production up or down quickly in response to rapid changes in demand or market share while also managing associated costs, including labor-related costs and production capacity costs; the level and magnitude of warranty and recall claims incurred; the ability of our suppliers to financially support any defects in their products; the financial health of our independent dealers and their ability to successfully manage through various economic conditions; legislative, trade, regulatory and tax law and/or policy developments including their potential impact on our independent dealers, retail customers or on our suppliers; the costs of compliance with governmental regulation; the impact of an adverse outcome or conclusion related to current or future litigation or regulatory audits or investigations; public perception of and the costs related to environmental, social and governance matters; legal and compliance issues including those that may arise in conjunction with recently completed transactions; the ability to realize anticipated benefits of strategic initiatives including realignments or other reorganizational actions; the impact of exchange rate fluctuations; restrictive lending practices which could negatively impact our independent dealers and/or retail consumers; management changes; the success of new and existing products and services; the ability to maintain strong brands and develop innovative products that meet consumer demands; changes in consumer preferences; the risks associated with acquisitions, including: the pace and successful closing of an acquisition, the integration and financial impact thereof, the level of achievement of anticipated operating synergies from acquisitions, the potential for unknown or understated liabilities related to acquisitions, the potential loss of existing customers of acquisitions and our ability to retain key management personnel of acquired companies; a shortage of necessary personnel for production and increasing labor costs and related employee benefits costs to attract and retain production personnel in times of high demand; the loss or reduction of sales to key independent dealers, and stocking level decisions of our independent dealers; disruption of the delivery of units to independent dealers or the disruption of delivery of raw materials, including chassis, to our facilities; increasing costs for freight and transportation; the ability to protect our information technology systems, including confidential and personal information, from data breaches, cyber-attacks and/or network disruptions; asset impairment charges; competition; the impact of losses under repurchase agreements; the impact of the strength of the U.S. dollar on international demand for products priced in U.S. dollars; general economic, market, public health and political conditions in the various countries in which our products are produced and/or sold; the impact of adverse weather conditions and/or weather-related events; the impact of changing emissions and other related climate change regulations in the various jurisdictions in which our products are produced, used and/or sold; changes to our investment and capital allocation strategies or other facets of our strategic plan; and changes in market liquidity conditions, credit ratings and other factors that may impact our access to future funding and the cost of debt.
These and other risks and uncertainties are discussed more fully in our Quarterly Report on Form 10-Q for the quarter ended April 30, 2026 and in Item 1A of our Annual Report on Form 10-K for the year ended July 31, 2025.
We disclaim any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained in this release or to reflect any change in our expectations after the date hereof or any change in events, conditions or circumstances on which any statement is based, except as required by law.
THOR INDUSTRIES, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF INCOME
FOR THE THREE AND NINE MONTHS ENDED APRIL 30, 2026 AND 2025
($000's except share and per share data) (Unaudited)
Three Months Ended April 30,
Nine Months Ended April 30,
2026
% Net
Sales (1)
2025
% Net
Sales (1)
2026
% Net
Sales (1)
2025
% Net
Sales (1)
Net sales
$ 2,781,538
$ 2,894,816
$ 7,296,517
$ 7,055,707
Gross profit
$ 354,770
12.8 %
$ 443,119
15.3 %
$ 926,998
12.7 %
$ 969,758
13.7 %
Selling, general and administrative
expenses
230,929
8.3 %
238,273
8.2 %
696,980
9.6 %
684,692
9.7 %
Amortization of intangible assets
27,818
1.0 %
29,604
1.0 %
83,543
1.1 %
88,670
1.3 %
Interest expense, net
9,655
0.3 %
11,205
0.4 %
28,092
0.4 %
38,383
0.5 %
Other income (expense), net
47,105
1.7 %
(8,457)
(0.3) %
68,570
0.9 %
(5,189)
(0.1) %
Income before income taxes
133,473
4.8 %
155,580
5.4 %
186,953
2.6 %
152,824
2.2 %
Income tax provision
37,935
1.4 %
21,652
0.7 %
53,605
0.7 %
22,858
0.3 %
Net income
95,538
3.4 %
133,928
4.6 %
133,348
1.8 %
129,966
1.8 %
Less: Net loss attributable to non-
controlling interests
(1,691)
(0.1) %
(1,257)
— %
(3,353)
— %
(2,836)
— %
Net income attributable to THOR
Industries, Inc.
$ 97,229
3.5 %
$ 135,185
4.7 %
$ 136,701
1.9 %
$ 132,802
1.9 %
Earnings per common share:
Basic
$ 1.86
$ 2.54
$ 2.60
$ 2.50
Diluted
$ 1.86
$ 2.53
$ 2.59
$ 2.49
Weighted-average common shares
outstanding:
Basic
52,240,856
53,203,568
52,548,586
53,128,112
Diluted
52,399,684
53,433,493
52,743,174
53,439,096
(1) Percentages may not add due to rounding differences
The following table reconciles consolidated net income to consolidated EBITDA and Adjusted EBITDA:
EBITDA Reconciliations
($ in thousands)
Three Months Ended
April 30,
Nine Months Ended
April 30,
2026
2025
2026
2025
Net income (GAAP)
$ 95,538
$ 133,928
$ 133,348
$ 129,966
Add back:
Interest expense, net
9,655
11,205
28,092
38,383
Income tax provision
37,935
21,652
53,605
22,858
Depreciation and amortization of intangible assets
65,950
66,173
196,863
199,828
EBITDA (Non-GAAP)
$ 209,078
$ 232,958
$ 411,908
$ 391,035
Add back:
Stock-based compensation expense
6,702
8,188
25,599
26,798
Change in LIFO reserve, net
2,837
(1,400)
5,941
(2,900)
Non-cash foreign currency loss (gain)
(1,534)
2,665
(2,613)
7,311
Investment-related loss (gain) (1)
(14,227)
137
(13,162)
5,414
Weather-related loss (gain)
—
(1,500)
—
(1,500)
Strategic initiatives
6,282
12,722
29,023
28,181
Other loss (gain), including sales of PP&E
(25,577)
1,053
(44,076)
(4,719)
Adjusted EBITDA (Non-GAAP)
$ 183,561
$ 254,823
$ 412,620
$ 449,620
(1) Includes the fair value adjustments of certain warrants and stock investments along with equity method investment income and losses
EBITDA and Adjusted EBITDA are non-GAAP performance measures included to illustrate and improve comparability of the Company's results from period to period, particularly in periods with unusual or one-time items. EBITDA is defined as net income before net interest expense (income), income tax provision (benefit) and depreciation and amortization. Adjusted EBITDA reflects adjustments to EBITDA to identify items that, in management's judgment, significantly affect the assessment of earnings results between periods. The Company considers these non-GAAP measures in evaluating and managing the Company's operations and believes that discussion of results adjusted for these items is meaningful to investors because it provides a useful analysis of ongoing underlying operating trends. The adjusted measures are not in accordance with, nor are they a substitute for, GAAP measures, and they may not be comparable to similarly titled measures used by other companies.
Thor Industries (THO - Free Report) came out with quarterly earnings of $1.86 per share, missing the Zacks Consensus Estimate of $1.88 per share. This compares to earnings of $2.77 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -0.85%. A quarter ago, it was expected that this recreational vehicle maker would post earnings of $0.03 per share when it actually produced earnings of $0.04, delivering a surprise of +33.33%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Thor Industries, which belongs to the Zacks Building Products - Mobile Homes and RV Builders industry, posted revenues of $2.78 billion for the quarter ended April 2026, surpassing the Zacks Consensus Estimate by 5.19%. This compares to year-ago revenues of $2.89 billion. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Thor Industries shares have lost about 24.5% since the beginning of the year versus the S&P 500's gain of 11.2%.
What's Next for Thor Industries?While Thor Industries has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Thor Industries was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.47 on $2.33 billion in revenues for the coming quarter and $4.15 on $9.51 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Building Products - Mobile Homes and RV Builders is currently in the bottom 14% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, Winnebago Industries (WGO - Free Report) , is yet to report results for the quarter ended May 2026.
This recreational vehicle maker is expected to post quarterly earnings of $0.85 per share in its upcoming report, which represents a year-over-year change of +4.9%. The consensus EPS estimate for the quarter has been revised 0.8% lower over the last 30 days to the current level.
Winnebago Industries' revenues are expected to be $776.91 million, up 0.2% from the year-ago quarter.
For the quarter ended April 2026, Thor Industries (THO - Free Report) reported revenue of $2.78 billion, down 3.9% over the same period last year. EPS came in at $1.86, compared to $2.77 in the year-ago quarter.
The reported revenue represents a surprise of +5.19% over the Zacks Consensus Estimate of $2.64 billion. With the consensus EPS estimate being $1.88, the EPS surprise was -0.85%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Thor Industries performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Unit Shipments - Recreational vehicles - European: 14,065 compared to the 12,219 average estimate based on two analysts.Unit Shipments - Recreational vehicles - North American Towable: 27,045 versus the two-analyst average estimate of 31,127.Unit Shipments - Total: 47,118 compared to the 48,868 average estimate based on two analysts.Unit Shipments - Recreational vehicles - Total North America: 33,053 compared to the 36,649 average estimate based on two analysts.Unit Shipments - Recreational vehicles - North American Motorized: 6,008 versus the two-analyst average estimate of 5,522.Net Sales- Recreational vehicles- European: $987.59 million versus $824.29 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +11.8% change.Net Sales- Recreational vehicles- Total North America: $1.6 billion compared to the $1.64 billion average estimate based on four analysts. The reported number represents a change of -12.9% year over year.Net Sales- Recreational vehicles- North American Motorized: $717.74 million compared to the $612.1 million average estimate based on four analysts. The reported number represents a change of +7.7% year over year.Net Sales- Recreational vehicles- North American Towable: $881.78 million versus $1.02 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -24.6% change.Net Sales- Recreational vehicles- Total: $2.59 billion versus the two-analyst average estimate of $2.4 billion. The reported number represents a year-over-year change of -4.9%.Gross Profit- Recreational vehicles- North American Motorized: $62.95 million versus the two-analyst average estimate of $79.47 million.Gross Profit- Other: $60.1 million versus the two-analyst average estimate of $62.69 million.View all Key Company Metrics for Thor Industries here>>>
Shares of Thor Industries have returned +3.1% over the past month versus the Zacks S&P 500 composite's +5.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Zacks' 7 Best Strong Buy Stocks (New Research Report) Valued at $99, click below to receive our just-released report predicting the 7 stocks that will soar highest in the coming month.
Click Here, It's Really Free
Published in earnings earnings-estimates-revisions earnings-surprise
THOR Industries reported Q3 '26 results that were mixed to bad, with declining sales and profitability across key segments. NA Towable RV sales dropped nearly 25% y/y, with a 39% decline in backlog, while margins suffered from higher material costs and an unfavorable mix. Operating cash flow fell sharply due to inventory buildup, turning free cash flow negative, and management cut full-year EPS guidance to $3.30-$3.80.
On June 10, 2026, Thor Industries Inc THO shares fell 5.0% to a current price of $74.84. The stock has experienced a challenging period, trading within a 52-week range of $69.71 to $122.83.
GF Value™ verdict: THO is currently priced at $74.84, which is 21.8% below the GF Value™ estimate of $95.73.GF Score™ of 74/100 indicates the stock is rated as above average based on key financial metrics.No insider transactions have been reported in the last 3 months, reflecting a lack of insider activity. Is THO Overvalued or Undervalued? According to the GF Value™, Thor Industries Inc THO is currently undervalued with a fair value estimate at $95.73, suggesting a significant upside potential of 21.8% from the current price of $74.84. The GF Valuation label categorizes THO as modestly undervalued, indicating that there may be an attractive opportunity for potential investors. However, it is essential to consider market conditions and the risks associated with investing in a stock that has experienced a decline of 26.2% year-to-date and 13.7% over the past year.
GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates. The current price being below the fair value suggests that THO may offer a margin of safety for those looking to enter or increase their exposure to this stock.
How Does THO's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 15.1x 15.3x (5-Year Median) Forward P/E 15.2x - The current P/E (TTM) ratio of 15.1x is slightly below its 5-year median of 15.3x and aligns closely with the forward P/E of 15.2x. This P/E analysis agrees with the GF Value™ verdict, suggesting that the stock is trading at a valuation that reflects modest undervaluation compared to its historical context.
What Does THO's GF Score™ Tell Us? Metric Rating GF Score™ 74 Financial Strength 7/10 Profitability 7/10 Growth 3/10 Valuation 10/10 Momentum 5/10 The GF Score™ of 74/100 reflects a strong overall position, particularly in the Valuation category, where it scores a perfect 10/10. However, the Growth rank of 3/10 indicates that there may be concerns about future revenue and earnings growth potential. The Financial Strength and Profitability ranks of 7/10 suggest that the company maintains a solid financial position and operational efficiency, which may be reassuring to potential investors.
What Are Insiders Doing with THO Stock? In the last three months, there have been no reported insider transactions involving Thor Industries Inc THO . This lack of insider activity may suggest a neutral outlook from current management regarding the stock's future performance. It can also indicate that insiders are not currently taking advantage of the lower prices, which could be seen as a bearish sign.
What This Means for Investors Based on the current analysis, Thor Industries Inc THO is considered undervalued with a potential upside according to the GF Value™. While the stock's current price provides a margin of safety, the challenges in growth and recent price declines should be taken into account by those considering an investment.
For the complete analysis, visit the Thor Industries Inc THO stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.
Frequently Asked Questions What is THO's GF Score™?
THO has a GF Score™ of 74/100, indicating that it is rated above average based on key financial metrics and historical performance.
Is THO overvalued or undervalued?
THO is currently considered undervalued, with a GF Value™ estimate of $95.73 compared to the current price of $74.84, reflecting a 21.8% upside potential.
What is THO's P/E ratio?
THO has a P/E (TTM) ratio of 15.1x, which is slightly below its 5-year median of 15.3x, suggesting that it is trading at a comparable valuation to its historical levels.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Shares of M/I Homes, Inc. (NYSE: MHO - Get Free Report) have been given a consensus rating of "Moderate Buy" by the six research firms that are presently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, three have given a
In the latest close session, M/I Homes (MHO - Free Report) was down 1.12% at $121.62. This change lagged the S&P 500's 0.11% gain on the day. Elsewhere, the Dow saw a downswing of 0.13%, while the tech-heavy Nasdaq appreciated by 0.18%.
Shares of the homebuilder have depreciated by 14.51% over the course of the past month, underperforming the Construction sector's loss of 9.15%, and the S&P 500's loss of 4.28%.
Analysts and investors alike will be keeping a close eye on the performance of M/I Homes in its upcoming earnings disclosure. The company's earnings report is set to go public on April 22, 2026. It is anticipated that the company will report an EPS of $2.64, marking a 33.67% fall compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $929.65 million, indicating a 4.76% decrease compared to the same quarter of the previous year.
MHO's full-year Zacks Consensus Estimates are calling for earnings of $13.63 per share and revenue of $4.48 billion. These results would represent year-over-year changes of -7.53% and +1.36%, respectively.
Investors should also pay attention to any latest changes in analyst estimates for M/I Homes. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. As of now, M/I Homes holds a Zacks Rank of #4 (Sell).
In terms of valuation, M/I Homes is currently trading at a Forward P/E ratio of 9.02. This denotes a discount relative to the industry average Forward P/E of 12.37.
The Building Products - Home Builders industry is part of the Construction sector. This industry, currently bearing a Zacks Industry Rank of 231, finds itself in the bottom 6% echelons of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
M/I Homes (MHO - Free Report) ended the recent trading session at $120.47, demonstrating a -2.97% change from the preceding day's closing price. The stock's performance was behind the S&P 500's daily gain of 0.8%. Elsewhere, the Dow saw a downswing of 0.15%, while the tech-heavy Nasdaq appreciated by 1.6%.
The homebuilder's shares have seen a decrease of 3.71% over the last month, not keeping up with the Construction sector's gain of 7.69% and the S&P 500's gain of 5.15%.
Investors will be eagerly watching for the performance of M/I Homes in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on April 22, 2026. It is anticipated that the company will report an EPS of $2.64, marking a 33.67% fall compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $929.65 million, reflecting a 4.76% fall from the equivalent quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $13.63 per share and a revenue of $4.48 billion, indicating changes of -7.53% and +1.36%, respectively, from the former year.
It is also important to note the recent changes to analyst estimates for M/I Homes. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. As of now, M/I Homes holds a Zacks Rank of #3 (Hold).
Investors should also note M/I Homes's current valuation metrics, including its Forward P/E ratio of 9.11. This represents a discount compared to its industry average Forward P/E of 13.45.
The Building Products - Home Builders industry is part of the Construction sector. With its current Zacks Industry Rank of 216, this industry ranks in the bottom 12% of all industries, numbering over 250.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Let's take a look at what these Wall Street heavyweights have to say about M/I Homes (MHO - Free Report) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.
M/I Homes currently has an average brokerage recommendation (ABR) of 1.80, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by five brokerage firms. An ABR of 1.80 approximates between Strong Buy and Buy.
Of the five recommendations that derive the current ABR, three are Strong Buy, representing 60% of all recommendations.
Brokerage Recommendation Trends for MHO
Check price target & stock forecast for M/I Homes here>>>
The ABR suggests buying M/I Homes, but making an investment decision solely on the basis of this information might not be a good idea. According to several studies, brokerage recommendations have little to no success guiding investors to choose stocks with the most potential for price appreciation.
Do you wonder why? As a result of the vested interest of brokerage firms in a stock they cover, their analysts tend to rate it with a strong positive bias. According to our research, brokerage firms assign five "Strong Buy" recommendations for every "Strong Sell" recommendation.
In other words, their interests aren't always aligned with retail investors, rarely indicating where the price of a stock could actually be heading. Therefore, the best use of this information could be validating your own research or an indicator that has proven to be highly successful in predicting a stock's price movement.
With an impressive externally audited track record, our proprietary stock rating tool, the Zacks Rank, which classifies stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), is a reliable indicator of a stock's near-term price performance. So, validating the Zacks Rank with ABR could go a long way in making a profitable investment decision.
ABR Should Not Be Confused With Zacks RankAlthough both Zacks Rank and ABR are displayed in a range of 1--5, they are different measures altogether.
The ABR is calculated solely based on brokerage recommendations and is typically displayed with decimals (example: 1.28). In contrast, the Zacks Rank is a quantitative model allowing investors to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5.
It has been and continues to be the case that analysts employed by brokerage firms are overly optimistic with their recommendations. Because of their employers' vested interests, these analysts issue more favorable ratings than their research would support, misguiding investors far more often than helping them.
On the other hand, earnings estimate revisions are at the core of the Zacks Rank. And empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
Furthermore, the different grades of the Zacks Rank are applied proportionately across all stocks for which brokerage analysts provide earnings estimates for the current year. In other words, at all times, this tool maintains a balance among the five ranks it assigns.
Another key difference between the ABR and Zacks Rank is freshness. The ABR is not necessarily up-to-date when you look at it. But, since brokerage analysts keep revising their earnings estimates to account for a company's changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in indicating future price movements.
Is MHO a Good Investment?In terms of earnings estimate revisions for M/I Homes, the Zacks Consensus Estimate for the current year has remained unchanged over the past month at $13.63.
Analysts' steady views regarding the company's earnings prospects, as indicated by an unchanged consensus estimate, could be a legitimate reason for the stock to perform in line with the broader market in the near term.
The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for M/I Homes. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
It may therefore be prudent to be a little cautious with the Buy-equivalent ABR for M/I Homes.
M/I Homes, Inc. (NYSE:MHO – Get Free Report) has been given an average rating of “Moderate Buy” by the six ratings firms that are presently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $161.6667.
Several brokerages have weighed in on MHO. Citigroup reaffirmed a “market outperform” rating on shares of M/I Homes in a research note on Friday, January 30th. Seaport Research Partners reaffirmed a “neutral” rating on shares of M/I Homes in a research note on Tuesday, April 7th. Zacks Research raised shares of M/I Homes from a “strong sell” rating to a “hold” rating in a research note on Friday, April 3rd. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of M/I Homes in a research note on Thursday, January 22nd. Finally, Oppenheimer set a $165.00 price objective on shares of M/I Homes in a research note on Friday, January 30th.
Read Our Latest Analysis on M/I Homes
M/I Homes Stock Performance NYSE:MHO opened at $126.48 on Friday. M/I Homes has a 12-month low of $102.44 and a 12-month high of $158.92. The company has a quick ratio of 1.86, a current ratio of 8.12 and a debt-to-equity ratio of 0.31. The firm has a market capitalization of $3.24 billion, a PE ratio of 8.60 and a beta of 1.77. The firm has a 50-day moving average price of $131.73 and a 200 day moving average price of $132.51.
M/I Homes (NYSE:MHO – Get Free Report) last posted its quarterly earnings results on Wednesday, January 28th. The construction company reported $3.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.88 by $0.03. M/I Homes had a net margin of 9.12% and a return on equity of 14.50%. The firm had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.16 billion. During the same quarter in the prior year, the business posted $4.71 earnings per share. The company’s quarterly revenue was down 4.9% compared to the same quarter last year. Research analysts anticipate that M/I Homes will post 18.44 earnings per share for the current fiscal year.
Insiders Place Their Bets In other news, CEO Robert H. Schottenstein sold 14,974 shares of the stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $146.80, for a total transaction of $2,198,183.20. Following the sale, the chief executive officer directly owned 348,513 shares of the company’s stock, valued at $51,161,708.40. This represents a 4.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Phillip G. Creek sold 8,616 shares of the firm’s stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $146.80, for a total transaction of $1,264,828.80. Following the completion of the sale, the chief financial officer directly owned 45,815 shares of the company’s stock, valued at approximately $6,725,642. This represents a 15.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 49,213 shares of company stock valued at $7,115,268. 3.50% of the stock is currently owned by insiders.
Institutional Trading of M/I Homes A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Donald Smith & CO. Inc. increased its holdings in shares of M/I Homes by 5.9% in the fourth quarter. Donald Smith & CO. Inc. now owns 1,463,340 shares of the construction company’s stock valued at $187,234,000 after purchasing an additional 82,090 shares in the last quarter. State Street Corp increased its holdings in shares of M/I Homes by 2.2% in the fourth quarter. State Street Corp now owns 1,337,188 shares of the construction company’s stock valued at $171,093,000 after purchasing an additional 28,187 shares in the last quarter. American Century Companies Inc. increased its holdings in shares of M/I Homes by 10.9% in the third quarter. American Century Companies Inc. now owns 936,597 shares of the construction company’s stock valued at $135,282,000 after purchasing an additional 91,732 shares in the last quarter. Millennium Management LLC increased its holdings in shares of M/I Homes by 107.5% in the fourth quarter. Millennium Management LLC now owns 434,484 shares of the construction company’s stock valued at $55,592,000 after purchasing an additional 225,120 shares in the last quarter. Finally, Royce & Associates LP increased its holdings in shares of M/I Homes by 5.3% in the fourth quarter. Royce & Associates LP now owns 326,606 shares of the construction company’s stock valued at $41,789,000 after purchasing an additional 16,445 shares in the last quarter. Institutional investors and hedge funds own 95.14% of the company’s stock.
M/I Homes Company Profile (Get Free Report)
M/I Homes, Inc is a publicly traded residential homebuilder founded in 1976 and headquartered in Columbus, Ohio. The company designs, markets and constructs single-family homes and townhome communities across the United States, offering a range of floor plans with customizable design options. Its product portfolio includes starter homes, move-up homes and luxury models, as well as multi-family residences in urban and suburban infill locations.
In addition to its core homebuilding operations, M/I Homes provides mortgage, title and closing services through its in-house affiliate M/I Financial Services.
See Also Five stocks we like better than M/I Homes
Receive News & Ratings for M/I Homes Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for M/I Homes and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINEJPMorgan Chase & Co. Issues Pessimistic Forecast for Church & Dwight (NYSE:CHD) Stock Price
NEXT HEADLINE »DHL Group Sponsored ADR (OTCMKTS:DHLGY) Given Average Rating of “Moderate Buy” by Brokerages
, /PRNewswire/ -- M/I Homes, Inc. (NYSE:MHO) announced results for the three months ended March 31, 2026.
2026 First Quarter Highlights:
New contracts increased 3% to 2,350 Homes delivered decreased 3% to 1,914 Revenue declined 6% to $921 million Gross margin of 22% Pre-tax income of $89 million, 10% of revenue, down 39% Net income of $68 million ($2.55 per diluted share) versus $111 million ($3.98 per diluted share) Shareholders' equity reached a record $3.2 billion, with book value per share increasing to a record $125 Repurchased $50 million of common stock Return on equity of 12% The Company reported pre-tax income of $89.2 million and net income of $67.8 million ($2.55 per diluted share). This compares to pre-tax income of $146.1 million and net income of $111.2 million, or $3.98 per diluted share, for the first quarter of 2025.
Homes delivered in 2026's first quarter decreased 3% to 1,914 homes. This compares to 1,976 homes delivered in 2025's first quarter. New contracts increased 3% to 2,350 for the first quarter of 2026 compared to 2,292 in last year's first quarter. Homes in backlog at March 31, 2026 had a total sales value of $1.20 billion, a 23% decrease from a year ago. Backlog units at March 31, 2026 decreased 21% to 2,245 homes, with an average sales price of $536,000. At March 31, 2025, backlog sales value was $1.56 billion, with backlog units of 2,847 and an average sales price of $548,000. M/I Homes had 230 communities at March 31, 2026 compared to 226 communities at March 31, 2025. The Company's cancellation rate was 8% in the first quarter of 2026 compared to 10% in the first quarter of 2025.
Robert H. Schottenstein, Chief Executive Officer and President, commented, "In the face of challenging market conditions, we produced very solid first quarter results – led by increased new contracts, gross margins of 22%, pre-tax income of 10%, and a return on equity of 12%. We continue to believe that long-term housing demand is supported by favorable demographic trends and an undersupply of housing. We have a strong financial position with record shareholders' equity of $3.2 billion, cash of $767 million, and no borrowings under our $900 million credit facility. With a strong balance sheet, a diverse product offering, and well-located communities, we believe we are well positioned to continue delivering solid results despite all of the market uncertainty."
The Company will broadcast live its earnings conference call today at 10:30 A.M. Eastern Time. To listen to the call live, log on to the M/I Homes' website at mihomes.com, click on the "Investors" section of the site, and select "Listen to the Conference Call." A replay of the call will continue to be available on our website through April 2027.
M/I Homes, Inc., celebrating its 50th year in business in 2026, is one of the nation's leading homebuilders of single-family homes. The Company has homebuilding operations in Columbus and Cincinnati, Ohio; Indianapolis, Indiana; Chicago, Illinois; Minneapolis/St. Paul, Minnesota; Detroit, Michigan; Tampa, Sarasota, Fort Myers/Naples and Orlando, Florida; Austin, Dallas/Fort Worth, Houston and San Antonio, Texas; Charlotte and Raleigh, North Carolina and Nashville, Tennessee.
Certain statements in this press release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "expects," "anticipates," "targets," "envisions," "goals," "projects," "intends," "plans," "believes," "seeks," "estimates," variations of such words and similar expressions are intended to identify such forward-looking statements. These statements involve a number of risks and uncertainties. Any forward-looking statements that we make herein and in any future reports and statements are not guarantees of future performance, and actual results may differ materially from those in such forward-looking statements as a result of various factors, including, without limitation, factors relating to the economic environment, interest rates, availability of resources, competition, market concentration, land development activities, construction defects, product liability and warranty claims and various governmental rules and regulations including changes in trade policy affecting business such as new or increased tariffs, as well as the potential impact of retaliatory tariffs and other penalties, as more fully discussed in the "Risk Factors" section of the Company's Annual Report on Form 10-K for the year ended December 31, 2025, as the same may be updated from time to time in our subsequent filings with the Securities and Exchange Commission. All forward-looking statements made in this press release are made as of the date hereof, and the risk that actual results will differ materially from expectations expressed herein will increase with the passage of time. We undertake no duty to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. However, any further disclosures made on related subjects in our subsequent filings, releases or presentations should be consulted.
M/I Homes, Inc. and Subsidiaries
Summary Statement of Income (unaudited)
(Dollars and shares in thousands, except per share amounts)
Three Months Ended
March 31,
2026
2025
New contracts
2,350
2,292
Average community count
231
223
Cancellation rate
8 %
10 %
Backlog units
2,245
2,847
Backlog sales value
$ 1,204,172
$ 1,559,251
Homes delivered
1,914
1,976
Average home closing price
$ 459
$ 476
Homebuilding revenue:
Housing revenue
$ 878,610
$ 940,031
Land revenue
10,866
4,542
Total homebuilding revenue
$ 889,476
$ 944,573
Financial services revenue
31,231
31,520
Total revenue
$ 920,707
$ 976,093
Cost of sales - operations
718,116
723,310
Gross margin
$ 202,591
$ 252,783
General and administrative expense
61,186
59,073
Selling expense
55,340
52,786
Operating income
$ 86,065
$ 140,924
Interest income, net of interest expense
(3,105)
(5,197)
Income before income taxes
$ 89,170
$ 146,121
Provision for income taxes
21,338
34,884
Net income
$ 67,832
$ 111,237
Earnings per share:
Basic
$ 2.61
$ 4.07
Diluted
$ 2.55
$ 3.98
Weighted average shares outstanding:
Basic
26,007
27,314
Diluted
26,562
27,941
M/I Homes, Inc. and Subsidiaries
Summary Balance Sheet and Other Information (unaudited)
(Dollars in thousands, except per share amounts)
As of
March 31,
2026
2025
Assets:
Total cash, cash equivalents and restricted cash
$ 767,416
$ 776,378
Mortgage loans held for sale
261,807
238,583
Inventory:
Lots, land and land development
1,866,252
1,666,045
Land held for sale
31,961
3,903
Homes under construction
1,267,202
1,342,424
Other inventory
233,686
192,333
Total Inventory
$ 3,399,101
$ 3,204,705
Property and equipment - net
31,879
33,569
Investments in joint venture arrangements
68,357
70,727
Operating lease right-of-use assets
53,116
57,428
Goodwill
16,400
16,400
Deferred income tax asset
4,508
13,451
Other assets
185,802
173,982
Total Assets
$ 4,788,386
$ 4,585,223
Liabilities:
Debt - Homebuilding Operations:
Senior notes due 2028 - net
$ 398,620
$ 397,846
Senior notes due 2030 - net
297,999
297,495
Total Debt - Homebuilding Operations
$ 696,619
$ 695,341
Notes payable bank - financial services operations
260,201
227,957
Total Debt
$ 956,820
$ 923,298
Accounts payable
215,817
228,909
Operating lease liabilities
54,867
58,960
Other liabilities
368,550
367,722
Total Liabilities
$ 1,596,054
$ 1,578,889
Shareholders' Equity
3,192,332
3,006,334
Total Liabilities and Shareholders' Equity
$ 4,788,386
$ 4,585,223
Book value per common share
$ 124.75
$ 112.29
Homebuilding debt to capital ratio (1)
18 %
19 %
(1)
The ratio of homebuilding debt to capital is calculated as the carrying value of our homebuilding debt outstanding divided by the sum of the carrying value of our homebuilding debt outstanding plus shareholders' equity.
M/I Homes, Inc. and Subsidiaries
Selected Supplemental Financial and Operating Data (unaudited)
(Dollars in thousands)
Three Months Ended
March 31,
2026
2025
Cash provided by operating activities
$ 135,731
$ 64,887
Cash provided by (used in) investing activities
$ 5,118
$ (2,928)
Cash used in financing activities
$ (62,622)
$ (107,151)
Land/lot purchases
$ 79,240
$ 145,983
Land development spending
$ 104,363
$ 101,599
Land sale revenue
$ 10,866
$ 4,542
Land sale gross profit
$ 2,199
$ 786
Financial services pre-tax income
$ 14,097
$ 16,106
M/I Homes, Inc. and Subsidiaries
Non-GAAP Financial Results (1)
(Dollars in thousands)
Three Months Ended
March 31,
2026
2025
Net income
$ 67,832
$ 111,237
Add:
Provision for income taxes
21,338
34,884
Interest income - net
(5,840)
(8,041)
Interest amortized to cost of sales
6,694
6,901
Depreciation and amortization
5,254
4,777
Non-cash charges
4,185
4,200
Adjusted EBITDA
$ 99,463
$ 153,958
(1)
We believe these non-GAAP financial measures are relevant and useful to investors in understanding our operations and may be helpful in comparing us with other companies in the homebuilding industry to the extent they provide similar information. These non-GAAP financial measures should be used to supplement our GAAP results in order to provide a greater understanding of the factors and trends affecting our operations.
M/I Homes, Inc. and Subsidiaries
Selected Supplemental Financial and Operating Data
M/I Homes (MHO - Free Report) came out with quarterly earnings of $2.55 per share, missing the Zacks Consensus Estimate of $2.64 per share. This compares to earnings of $3.98 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -3.23%. A quarter ago, it was expected that this homebuilder would post earnings of $3.88 per share when it actually produced earnings of $3.91, delivering a surprise of +0.77%.
Over the last four quarters, the company has surpassed consensus EPS estimates just once.
M/I Homes, which belongs to the Zacks Building Products - Home Builders industry, posted revenues of $920.71 million for the quarter ended March 2026, missing the Zacks Consensus Estimate by 0.96%. This compares to year-ago revenues of $976.09 million. The company has topped consensus revenue estimates just once over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
M/I Homes shares have added about 0.7% since the beginning of the year versus the S&P 500's gain of 3.2%.
What's Next for M/I Homes?While M/I Homes has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for M/I Homes was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $3.86 on $1.24 billion in revenues for the coming quarter and $13.63 on $4.48 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Building Products - Home Builders is currently in the bottom 10% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, Tri Pointe Homes , has yet to report results for the quarter ended March 2026.
This home builder is expected to post quarterly earnings of $0.30 per share in its upcoming report, which represents a year-over-year change of -57.1%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Tri Pointe Homes' revenues are expected to be $622.7 million, down 13.6% from the year-ago quarter.
M/I Homes, Inc. reported Q1 revenues of $921M, down 5.7% y/y, with gross margins declining 400bps to 22%. New contracts rose 3% and cancellation rates improved, but backlog units and average home prices continued to fall. Profitability remains pressured, with Q1 GAAP EPS at $2.55 versus $3.98 last year; backlog sales value dropped to $1.2B.
M/I Homes (NYSE:MHO) reported what management called a “very solid” first quarter, posting $921 million of revenue and $89.2 million of pre-tax income, while navigating a housing market shaped by affordability pressures, shifting consumer confidence, and higher mortgage-rate volatility.
On the company’s April 22 earnings call, CEO and President Robert H. Schottenstein said results were highlighted by a 10% pre-tax income return and 12% return on equity, even as demand remained “challenging and impacted by affordability, uneven consumer confidence, the conflict in the Middle East, and general uncertainty and volatility in the broader economy.”
First-quarter results and operating trends Schottenstein said new contracts increased 3% year over year to 2,350 homes, supported by sales momentum that carried from late 2025 into January and February. He noted winter storms affected multiple markets early in the quarter, but traffic and buyer activity improved as the spring selling season began. Conditions then “slightly shifted” late in February and into March, he said, as events in the Middle East contributed to higher mortgage rates, higher gas prices, and increased uncertainty.
During the quarter, M/I Homes delivered 1,914 homes, down 3% from a year earlier. Total revenue declined 6% to $921 million and pre-tax income fell 39% to $89.2 million. Schottenstein also highlighted a record $3.2 billion of shareholders’ equity and record book value per share of $125, up 11% from last year.
EVP and CFO Phillip G. Creek provided additional detail on the quarterly cadence: new contracts were up 11% in January, up 7% in February, and down 6% in March, with March 2025 described as the highest monthly contract total of last year. Creek said the cancellation rate was 8%.
Creek said 50% of first-quarter sales were to first-time buyers and 70% were inventory homes. The company’s average monthly sales pace was 3.4 homes per community, consistent with 2025. Schottenstein said buyers remained “high-quality” from a credit perspective, with average credit scores of 747 and average down payments of 15%.
Margins pressured by incentives and lot costs Creek said gross margin was 22% in the first quarter, down 390 basis points year over year, primarily due to higher homebuyer incentives and higher lot costs. SG&A expenses rose to 12.7% of revenue from 11.5% a year ago, with costs up 4% due mainly to higher selling expenses, a larger community count, and added headcount.
Earnings per diluted share were $2.55, down from $3.98 a year earlier. EBITDA was $99 million compared with $154 million in the prior-year period. The effective tax rate was 24%, unchanged from last year’s first quarter. Creek also reported net interest income of $3.1 million, with $9 million of interest incurred.
Schottenstein emphasized the role of incentives, saying mortgage rate buydowns continued to be “an important part of our sales strategy.” He said the company has worked to balance margins and sales pace at the community level, offering buydowns for both spec and to-be-built homes.
In response to a question about whether incentives increased during March’s volatility, Schottenstein described the company’s approach as “pretty consistent.” He said most buyers prefer a 30-year fixed-rate mortgage, and M/I Homes has generally led with a 4 7/8 rate on inventory homes deliverable within roughly 60 days, and “a rate in the very low fives” for to-be-built homes with a long-term rate lock, while noting there are exceptions across the company’s 200-plus communities.
Community count, regional mix, and land position M/I Homes ended the quarter with 230 communities, up from 226 a year ago. Creek said the company opened 22 new communities and closed 24 during the quarter, finishing with 91 communities in the northern region and 139 in the southern region.
Schottenstein said division income contributions in the quarter were led by Chicago, Columbus, Dallas, Orlando, and Raleigh. He added that new contracts in the northern region decreased 4% while southern-region contracts increased 8% year over year. Deliveries in the northern region fell 9% and represented just under 40% of total deliveries, while southern deliveries increased 1% and represented the remaining 60%.
On market-level trends, Schottenstein said margins over the past year have generally held up better in Midwest markets than in Florida, and he pointed to the west coast of Florida—“from Tampa, down through Sarasota”—as the most challenging area currently. Creek said the company believes its diversification across 17 markets and multiple price points has been beneficial, particularly as Florida and Texas have cooled from earlier strength.
Schottenstein outlined the company’s owned and controlled lot position, saying the company owns about 24,200 lots (slightly under a three-year supply) and controls roughly 25,800 lots via option contracts, for approximately 50,000 total lots, equating to “about a five-year supply.” Creek added that unsold land investment was $1.9 billion at quarter-end, including $844 million of raw land and land under development and $1 billion of finished unsold lots.
M/I Financial results and capture rate Derek Klutch, president of M/I Financial, said mortgage and title operations produced pre-tax income of $14.1 million, down 12% from $16.1 million in the prior-year quarter. Revenue decreased 1% to $31.2 million, which Klutch attributed to slightly lower margins on loans sold and a lower average loan amount, partially offset by an increase in originations.
Klutch said the average loan-to-value on first mortgages was 85%, up from 83% a year ago. He also noted a shift in product mix: 66% of loans closed were conventional and 34% were FHA or VA, compared to 57% and 43%, respectively, in last year’s first quarter. The average mortgage amount declined to $401,000 from $406,000, while loans originated rose 3% to 1,579 and the volume of loans sold increased 1%.
Klutch said the mortgage operation captured 96% of the company’s business in the quarter, up from 92% last year. Schottenstein later said M/I Homes’ capture rate is “the highest in the industry” and described the mortgage platform as a contributor to profitability, particularly amid widespread use of rate buydowns.
Balance sheet, inventory, and capital returns Management emphasized liquidity and leverage. Schottenstein said the company ended the quarter with zero borrowings under its $900 million unsecured revolving credit facility and more than $750 million in cash, producing a debt-to-capital ratio of 18% and a net debt-to-capital ratio of negative 2%. Creek put the cash balance at $767 million and said the company’s public debt matures in 2028 and 2030 and carries interest rates below 5%.
Creek said the company had 4,600 homes in the field at March 31, compared with 4,800 a year ago. Inventory at quarter-end included 740 completed inventory homes and 2,584 total inventory homes, with 999 in the northern region and 1,585 in the southern region.
On capital returns, Creek said the company repurchased $50 million of stock during the quarter and had $170 million remaining under its board authorization. He added that M/I Homes has repurchased 18% of its outstanding shares over the last four years. Asked whether repurchases could accelerate given cash generation, Schottenstein said the company discusses buybacks regularly with the board but added, “I don’t really see any change,” while acknowledging it is possible.
Looking ahead, Schottenstein said 2026 marks the company’s 50th year in business and reiterated confidence in its positioning, citing the balance sheet, land supply, geographic footprint, and product diversity. He added that while uncertainty has increased, he believes housing is “holding up pretty damn well” and said the company expects 2026 to be “one of our five or six best years” in its history.
About M/I Homes (NYSE:MHO) M/I Homes, Inc is a publicly traded residential homebuilder founded in 1976 and headquartered in Columbus, Ohio. The company designs, markets and constructs single-family homes and townhome communities across the United States, offering a range of floor plans with customizable design options. Its product portfolio includes starter homes, move-up homes and luxury models, as well as multi-family residences in urban and suburban infill locations.
In addition to its core homebuilding operations, M/I Homes provides mortgage, title and closing services through its in-house affiliate M/I Financial Services.
Read More Five stocks we like better than M/I Homes
MI Homes (MHO - Free Report) is a Zacks Rank #5 (Strong Sell) after missing the Zacks Consensus Estimate in each of the last five quaters. The stock has a Zacks Style Score for Value of B and an D for Growth. This company is highly impacted by interest rates and the dream of multiple interest rate cuts is turning into a nightmare. This article will look at why this stock is a Zacks Rank #5 (Strong Sell) as it is the Bear of the Day.
Description
M/I Homes, Inc. engages in the construction and development of residential properties. It operates through the following segments: Northern Homebuilding, Southern Homebuilding, and Financial Services. The Northern Homebuilding segment includes Chicago, Illinois, Cincinnati, Ohio, Columbus, Ohio, Indianapolis, Indiana, Minneapolis or St. Paul, Minnesota, and Detroit, Michigan. The Southern Homebuilding segment refers to Orlando, Florida, Sarasota, Florida, Tampa, Florida, Fort Myers or Naples, Florida, Austin, Texas, Dallas or Fort Worth, Texas, Houston, Texas, San Antonio, Texas, Charlotte, North Carolina, Raleigh, North Carolina, and Nashville, Tennessee. The Financial Services segment offers mortgage banking services to homebuyers. The company was founded by Irving E. Schottenstein and Melvin Schottenstein in 1976 and is headquartered in Columbus, OH.
Earnings History
When I look at a stock, the first thing I do is look to see if the company is beating the number. This tells me right away where the market’s expectations have been for the company and how management has communicated to the market. A stock that consistently beats has management communicating expectations to Wall Street that can be achieved. That is what you want to see.
In the case of MI Homes (MHO - Free Report) I see the company has missed the Zacks Consensus Estimate in each of the last four quarters. This alone does not make the stock a Zacks Rank #1 (Strong Buy) and it doesn’t make it a Zacks Rank #5 (Strong Sell) either.
The Zacks Rank does care about the earnings history, but it is much more heavily influenced by the movement of earnings estimates.
The most recent earnings report from MI Homes (MHO - Free Report) saw the company post $2.55 in EPS when the Zacks Consensus Estimate was calling for $2.64. That 9 cent miss translates to a -3.4% earnings surprise.
Earnings Estimate Revisions
The Zacks Rank tells us which stocks are seeing earnings estimates move higher or in this case lower. For MI Homes (MHO - Free Report) I see annual estimates for next year moving lower of late.
The current fiscal year consensus number has decreased from $13.10 to $12.60 over the last 30 days.
The next fiscal year has estimates that have also declined, moving from $17.05 to $15.55 over the last 30 days.
Negative movement in earnings estimates are the primary is why this stock is a Zacks Rank #5 (Strong Sell).
It should be noted that a lot of stocks in the Zacks universe are seeing negative earnings estimate revisions. That means that the stocks that are seeing small but negative earnings estimate revisions are falling to a Zacks Rank #5 (Strong Sell).
, /PRNewswire/ -- M/I Homes, Inc. (NYSE: MHO) today announced that Eugene D. Smith, formerly Senior Vice President and Director of Athletics at The Ohio State University and currently President of Gene Smith Consulting, LLC, was elected to the Company's Board of Directors at its 2026 Annual Meeting of Shareholders held on May 13, 2026. Mr. Smith succeeds Norman L. Traeger, who retired from the Board at the Annual Meeting.
In making the announcement, M/I Homes Chairman and CEO Robert H. Schottenstein stated: "We are very pleased to have Gene join our Board. He is a highly respected and accomplished leader, and his experience leading large, complex organizations, strategic perspective and sound judgment will benefit our Board and our Company. We also want to thank Norm Traeger for his many years of dedicated service and significant contributions to M/I Homes."
As President of Gene Smith Consulting, LLC, Mr. Smith provides leadership training services, with a particular focus on assisting athletic conference commissioners, athletic directors and coaches in the collegiate environment. Prior to founding Gene Smith Consulting, LLC, Mr. Smith was Director of Athletics at The Ohio State University, Arizona State University, Iowa State University and Eastern Michigan University. Mr. Smith currently serves as a director of Under Armour, Inc. In addition, he serves on the boards of the Big Ten Network, Arizona Sports Foundation, National Football Foundation and National Coalition of Minority Football Coaches.
M/I Homes, Inc., celebrating its 50th year in business in 2026, is one of the nation's leading homebuilders of single-family homes. The Company has homebuilding operations in Columbus and Cincinnati, Ohio; Indianapolis, Indiana; Chicago, Illinois; Minneapolis/St. Paul, Minnesota; Detroit, Michigan; Tampa, Sarasota, Fort Myers/Naples and Orlando, Florida; Austin, Dallas/Fort Worth, Houston and San Antonio, Texas; Charlotte and Raleigh, North Carolina and Nashville, Tennessee.
Certain statements in this press release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "expects," "anticipates," "targets," "envisions," "goals," "projects," "intends," "plans," "believes," "seeks," "estimates," variations of such words and similar expressions are intended to identify such forward-looking statements. These statements involve a number of risks and uncertainties. Any forward-looking statements that we make herein and in any future reports and statements are not guarantees of future performance, and actual results may differ materially from those in such forward-looking statements as a result of various factors, including, without limitation, factors relating to the economic environment, interest rates, availability of resources, competition, market concentration, land development activities, construction defects, product liability and warranty claims and various governmental rules and regulations including changes in trade policy affecting business such as new or increased tariffs, as well as the potential impact of retaliatory tariffs and other penalties, as more fully discussed in the "Risk Factors" section of the Company's Annual Report on Form 10-K for the year ended December 31, 2025, as the same may be updated from time to time in our subsequent filings with the Securities and Exchange Commission. All forward-looking statements made in this press release are made as of the date hereof, and the risk that actual results will differ materially from expectations expressed herein will increase with the passage of time. We undertake no duty to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. However, any further disclosures made on related subjects in our subsequent filings, releases or presentations should be consulted.
Collaboration supports evaluation of land opportunities across M/I Homes' markets
, /PRNewswire/ -- M/I Homes, Inc. (NYSE: MHO) has engaged Prophetic, a technology provider focused on land acquisition tools, to support aspects of its land evaluation processes across markets. The deployment unifies parcel discovery, regulatory and environmental analysis, competitive and market intelligence, yield estimates, and pipeline management in an AI-native system across M/I Homes' operations.
The decision addresses a challenge facing every national homebuilder: how to evaluate significantly more land opportunities to enable continued growth, while reaching confident decisions faster.
"At the end of the day, this is about how quickly we can turn data into a confident decision," said Ron Frissora, Chief Information Officer, M/I Homes. "Being able to evaluate more sites, eliminate dead ends earlier, and focus our teams on the right opportunities has a direct impact on how we grow."
"Housing demand continues to outpace supply, and the builders who can evaluate more land faster are the ones best positioned to bring new homes to market and fuel continued growth," said Oliver Alexander, Founder and CEO, Prophetic. "M/I Homes has made a decision that we believe reflects where the industry is going: a platform for land intelligence that every division, every market, and every leader can trust."
Why It Matters
The U.S. remains short an estimated 4.7 million homes, and land acquisition has become the gating constraint on bringing new supply to market. Manual diligence, pulling zoning codes, checking parcel records across multiple counties, and stitching together data from disconnected systems limits how many opportunities a team can realistically evaluate. For a national builder like M/I Homes, that constraint compounds across every division and every market.
The platform's ZoneAI™ capability interprets zoning regulations across U.S. municipalities with high accuracy, giving land teams a consistent understanding of what can be built, regardless of where they're evaluating.
Work that once took weeks now happens in minutes, enabling teams to evaluate more opportunities, move faster in their decision making, and win more of the ones that matter.
A Different Operating Model for Land Acquisition
The M/I Homes deployment addresses three challenges common across the industry, but exponentially harder at national scale.
The first is finding opportunities. Land teams historically rely on broker relationships, county GIS portals, and manual research to identify sites, a process that limits how many opportunities a homebuilder can evaluate. Prophetic's SearchAI™ lets teams search by intended development type, surfacing qualified parcels and off-market opportunities across entire markets in seconds.
The second is making confident decisions. Zoning research and feasibility analysis have traditionally taken days or weeks per site, with information scattered across multiple systems. Prophetic consolidates that work into a single environment where teams can interpret zoning with ZoneAI, generate preliminary site plans with SiteAI™, track development activity with DevMap™, and reach a defensible go/no-go decision without leaving the platform. Every value is verified and cites its source.
The third is building organizational intelligence that compounds. Prophetic's Land Relationship Manager (LRM™) centralizes deal tracking, analysis, and team collaboration, including an executive dashboard with AI-enabled insights for rapid corporate decision-making, an intelligence layer that grows more valuable with every parcel evaluated and every decision made.
About M/I Homes
M/I Homes, Inc., celebrating its 50th year in business in 2026, is one of the nation's leading homebuilders of single-family homes. The Company has homebuilding operations in Columbus and Cincinnati, Ohio; Indianapolis, Indiana; Chicago, Illinois; Minneapolis/St. Paul, Minnesota; Detroit, Michigan; Tampa, Sarasota, Fort Myers/Naples and Orlando, Florida; Austin, Dallas/Fort Worth, Houston and San Antonio, Texas; Charlotte and Raleigh, North Carolina and Nashville, Tennessee.
About Prophetic
Prophetic is the AI-native platform for land acquisition. Built from the ground up for homebuilders, developers, brokers, and investors, Prophetic unifies the entire land acquisition workflow in one system, from parcel discovery and off-market landowner outreach to zoning analysis, automated site planning, regulatory and environmental review, competitive and market intelligence, yield estimates, and pipeline management. What used to require multiple tools, multiple teams, and multiple weeks now happens in one platform in minutes. For more information, visit propheticsoftware.ai.
Media Contacts:
Prophetic: Mike Lizun, Signal+Co • [email protected] • 215-808-0578
M/I Homes: Will Duderstadt • [email protected] • 614-418-8053
Investors in M/I Homes, Inc. (MHO - Free Report) need to pay close attention to the stock based on moves in the options market lately. That is because the July 17, 2026 $85.00 Call had some of the highest implied volatility of all equity options today.
What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.
What do the Analysts Think?Clearly, options traders are pricing in a big move for M/I Homes shares, but what is the fundamental picture for the company? Currently, M/I Homes is a Zacks Rank #4 (Sell) in the Building Products - Home Builders industry that ranks in the Bottom 14% of our Zacks Industry Rank. Over the last 60 days, no analysts have increased their earnings estimates for the current quarter, while one analyst has revised the estimate downward. The net effect has taken our Zacks Consensus Estimate for the current quarter from $3.43 per share to $3.17 in that period.
Given the way analysts feel about M/I Homes right now, this huge implied volatility could mean there’s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.
M/I Homes (MHO - Free Report) closed at $135.93 in the latest trading session, marking a -1.81% move from the prior day. The stock trailed the S&P 500, which registered a daily loss of 0.74%. Meanwhile, the Dow experienced a drop of 1.21%, and the technology-dominated Nasdaq saw a decrease of 0.89%.
Prior to today's trading, shares of the homebuilder had gained 7.74% outpaced the Construction sector's loss of 1.64% and the S&P 500's gain of 5.39%.
Analysts and investors alike will be keeping a close eye on the performance of M/I Homes in its upcoming earnings disclosure. The company's earnings per share (EPS) are projected to be $3.17, reflecting a 28.28% decrease from the same quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.18 billion, up 1.84% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $12.6 per share and a revenue of $4.37 billion, representing changes of -14.52% and -0.98%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for M/I Homes. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. M/I Homes is holding a Zacks Rank of #4 (Sell) right now.
In terms of valuation, M/I Homes is currently trading at a Forward P/E ratio of 10.99. For comparison, its industry has an average Forward P/E of 13.99, which means M/I Homes is trading at a discount to the group.
The Building Products - Home Builders industry is part of the Construction sector. This industry, currently bearing a Zacks Industry Rank of 212, finds itself in the bottom 14% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
The housing market remains a focal point for investors as supply shortages clash with high borrowing costs. Deciding between M/I Homes (MHO +0.49%) and Champion Homes (SKY 1.00%) requires looking at two different building models.
M/I Homes focuses on traditional single-family residential construction across several major U.S. regions. Champion Homes takes a different approach by specializing in factory-built housing, including manufactured and modular units. Both companies serve the urgent need for residential supply, yet they operate with distinct cost structures and growth trajectories.
The case for M/I HomesM/I Homes builds single-family homes across 17 markets in the United States. It manages the entire process from construction to title and closing services. The company currently offers homes in 232 communities and targets a mix of first-time and move-up buyers looking for reliability.
In FY 2025, revenue reached nearly $4.4 billion, which represented a decrease of approximately 1.9% compared to the prior year. Net income for the fiscal year was roughly $402.9 million. This resulted in a net margin of approximately 9.1% for the period even as the company navigated higher material costs.
As of its December 2025 balance sheet, the company maintained a current ratio of nearly 24.2x, which measures its ability to cover short-term liabilities with liquid assets. The debt-to-equity ratio was approximately 0.3x, indicating that total debt is low relative to shareholder equity. Free cash flow for the year reached close to $120.7 million, providing capital to navigate the consumer discretionary stocks landscape.
The case for Champion HomesChampion Homes specializes in factory-built housing, producing everything from manufactured and modular homes to accessory dwelling units. The company operates 46 manufacturing facilities and dozens of retail locations across the U.S. and western Canada. This factory-controlled environment allows for higher production efficiency compared to traditional building methods.
During FY 2025, revenue grew by roughly 7.3% to reach approximately $2.7 billion. Net income for the year was nearly $214.2 million, showing consistent profitability across its retail and manufacturing segments. The company achieved a net margin of approximately 8.0% during this fiscal period as demand for affordable housing grew.
The debt-to-equity ratio for the company was approximately 0.1x as of the March 2026 balance sheet. This suggests a very conservative use of debt, which is defined as total debt divided by shareholder equity. Free cash flow for FY 2025 was nearly $269.7 million, demonstrating a strong ability to generate cash after paying for capital expenditures.
Risk profile comparisonM/I Homes faces pressure from the cyclical housing market and high interest rates. In 2025, the company recorded roughly $35.9 million in inventory impairments, which occur when the market value of land falls below its cost. It also deals with potential construction defect claims and regulatory delays in local municipalities.
Champion Homes navigates volatile raw material costs for lumber and steel. The company also carries significant contingent liabilities for wholesale financing provided to independent retailers. It competes in a highly concentrated industry against large players like Berkshire Hathaway and Cavco Industries.
Valuation comparisonM/I Homes appears to be the more value-oriented choice based on its lower earnings and sales multiples compared to its peer.
You can evaluate this by looking at the Forward P/E, which compares the stock price to future earnings estimates. Another useful metric is the P/S ratio, which measures the market value against total revenue.
MetricM/I HomesChampion HomesSector BenchmarkForward P/E10.4x22.0x29.5xP/S ratio0.8x1.5xn/aSector benchmark uses the SPDR XLY sector ETF.
Valuation metrics sourced from Financial Modeling Prep (FMP) and may differ from other data providers.
The housing shortage throughout the U.S. means homebuilders remain in high demand, although growth potential depends heavily on mortgage rates and other economic factors. So, when comparing M/I Homes and Champion Homes, which one offers the better opportunity?
Champion and M/I serve different segments of the housing market. Champion focuses on manufactured, factory-built housing and accessory structures, providing a lower-cost option for consumers. This is especially important during periods of economic uncertainty and in high-interest-rate environments. It has retained a strong market share and substantial cash reserves to help it weather downturns in the homebuilding industry.
M/I Homes is a traditional site-built homebuilder. Although it has a history of strong performance, high interest rates may be affecting demand. But the company still has a backlog, strong free cash flow, and a low debt-to-equity ratio, indicating that it is financially disciplined.
So, which housing trend will dominate in the long term? Investors choosing between these two established homebuilders must consider that factor, along with the companies' financial metrics. But my preferred choice for 2026 is Champion, due to its emphasis on affordability and its stronger cash position.
Resources Investor Relations Journalists Agencies Client Login Send a Release News Products Contact , /PRNewswire/ -- M/I Homes, Inc. (NYSE:MHO) announces the following Webcast:
What:
M/I Homes, Inc. Announces Second Quarter Webcast
When:
July 29, 2026 @ 10:30AM Eastern Time
Where:
http://www.mihomes.com
How:
Live over the Internet -- Simply log on to the web at the address above
Contact:
Ann Marie Hunker, Vice President, Chief Accounting Officer, Controller of M/I Homes, Inc.,
[email protected], or 614-418-8225
Mark Kirkendall, Vice President, Treasurer of M/I Homes, Inc.,
[email protected], or 614-418-8021
If you are unable to participate during the live webcast, the call will be archived on the Web site http://www.mihomes.com
The company is expected to report second quarter earnings before the market opens on Wednesday, July 29, 2026.
M/I Homes, Inc., celebrating its 50th year in business in 2026, is one of the nation's leading homebuilders of single-family homes. The Company has homebuilding operations in Columbus and Cincinnati, Ohio; Indianapolis, Indiana; Chicago, Illinois; Minneapolis/St. Paul, Minnesota; Detroit, Michigan; Tampa, Sarasota, Ft. Myers/Naples and Orlando, Florida; Austin, Dallas/Fort Worth, Houston and San Antonio, Texas; Charlotte and Raleigh, North Carolina and Nashville, Tennessee.
M/I Homes (MHO - Free Report) closed the most recent trading day at $137.40, moving -2.4% from the previous trading session. This change lagged the S&P 500's 1.62% loss on the day. Elsewhere, the Dow lost 1.87%, while the tech-heavy Nasdaq lost 1.98%.
The stock of homebuilder has risen by 9.99% in the past month, leading the Construction sector's loss of 1.1% and the S&P 500's loss of 0.03%.
The investment community will be paying close attention to the earnings performance of M/I Homes in its upcoming release. The company is forecasted to report an EPS of $3.17, showcasing a 28.28% downward movement from the corresponding quarter of the prior year. Our most recent consensus estimate is calling for quarterly revenue of $1.18 billion, up 1.84% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $12.6 per share and a revenue of $4.37 billion, representing changes of -14.52% and -0.98%, respectively, from the prior year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for M/I Homes. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. M/I Homes currently has a Zacks Rank of #5 (Strong Sell).
In terms of valuation, M/I Homes is presently being traded at a Forward P/E ratio of 11.17. This denotes a discount relative to the industry average Forward P/E of 14.39.
The Building Products - Home Builders industry is part of the Construction sector. This group has a Zacks Industry Rank of 227, putting it in the bottom 7% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
Shares of LGI Homes (LGIH - Free Report) have gained 15.5% over the past four weeks to close the last trading session at $44.88, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $66.33 indicates a potential upside of 47.8%.
The mean estimate comprises three short-term price targets with a standard deviation of $26.03. While the lowest estimate of $41.00 indicates a 8.7% decline from the current price level, the most optimistic analyst expects the stock to surge 107.2% to reach $93.00. It's very important to note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts.
While the consensus price target is highly sought after by investors, the ability and unbiasedness of analysts in setting price targets have long been questionable. And investors making investment decisions solely based on this tool would arguably do themselves a disservice.
But, for LGIH, an impressive average price target is not the only indicator of a potential upside. Strong agreement among analysts about the company's ability to report better earnings than they predicted earlier strengthens this view. While a positive trend in earnings estimate revisions doesn't gauge how much a stock could gain, it has proven to be powerful in predicting an upside.
Price, Consensus and EPS Surprise
Here's What You May Not Know About Analysts' Price TargetsAccording to researchers at several universities across the globe, a price target is one of many pieces of information about a stock that misleads investors far more often than it guides. In fact, empirical research shows that price targets set by several analysts, irrespective of the extent of agreement, rarely indicate where the price of a stock could actually be heading.
While Wall Street analysts have deep knowledge of a company's fundamentals and the sensitivity of its business to economic and industry issues, many of them tend to set overly optimistic price targets. Are you wondering why?
They usually do that to drum up interest in shares of companies that their firms either have existing business relationships with or are looking to be associated with. In other words, business incentives of firms covering a stock often result in inflated price targets set by analysts.
However, a tight clustering of price targets, which is represented by a low standard deviation, indicates that analysts have a high degree of agreement about the direction and magnitude of a stock's price movement. While that doesn't necessarily mean the stock will hit the average price target, it could be a good starting point for further research aimed at identifying the potential fundamental driving forces.
That said, while investors should not entirely ignore price targets, making an investment decision solely based on them could lead to disappointing ROI. So, price targets should always be treated with a high degree of skepticism.
Here's Why There Could be Plenty of Upside Left in LGIHThere has been increasing optimism among analysts lately about the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher. And that could be a legitimate reason to expect an upside in the stock. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
The Zacks Consensus Estimate for the current year has increased 12.7% over the past month, as one estimate has gone higher compared to no negative revision.
Moreover, LGIH currently has a Zacks Rank #2 (Buy), which means it is in the top 20% of more than 4,000 stocks that we rank based on four factors related to earnings estimates. Given an impressive externally-audited track record, this is a more conclusive indication of the stock's potential upside in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Therefore, while the consensus price target may not be a reliable indicator of how much LGIH could gain, the direction of price movement it implies does appear to be a good guide.
THE WOODLANDS, Texas, May 05, 2026 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 446 homes in April 2026, which includes the closing of 22 currently or previously leased single-family rental homes.
As of April 30, 2026, the Company had 148 active selling communities.
About LGI Homes, Inc.
Headquartered in The Woodlands, Texas, LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes across 36 markets in 21 states. LGI Homes has closed over 80,000 homes since its founding in 2003 and has delivered profitable financial results every year. Nationally recognized for its quality construction and exceptional customer service, LGI Homes was named to Newsweek’s list of the World’s Most Trustworthy Companies. LGI Homes’ commitment to excellence extends to its more than 1,000 employees, earning the Company numerous workplace awards at the local, state, and national level, including the Top Workplaces USA 2026 Award. For more information about LGI Homes and its unique operating model focused on making the dream of homeownership a reality for families across the nation, please visit the Company’s website at www.lgihomes.com.
CONTACT:
Joshua D. Fattor
Executive Vice President, Investor Relations and Capital Markets
(281) 210-2586 [email protected]
WINSTON-SALEM, N.C., May 06, 2026 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) is proud to introduce Cider Hill, an exclusive new townhome community with homes starting in the $350s, now available in the thriving Winston-Salem market. With only 36 homesites available, Cider Hill offers homebuyers a rare opportunity to enjoy low-maintenance living in one of the Triad’s most desirable locations.
“Winston-Salem continues to attract homebuyers seeking strong employment opportunities, convenient access throughout the Triad, and a high quality of life,” said Tyler Zulli, Vice President of Sales at LGI Homes. “As the area continues to grow, we’re excited to introduce Cider Hill and offer thoughtfully designed townhomes with private outdoor space, garages, full driveways and lawn maintenance included. This exceptional product offering, plus Cider Hill’s prime location near Heather Hills Golf Course, creates a community that truly blends comfort, convenience and lifestyle.”
Nestled in a prime suburban setting just minutes from downtown Winston-Salem, Cider Hill places residents near top employers, shopping destinations, dining, and outdoor recreation, including the Muddy Creek Greenway. With easy access to local parks like Hobby Park and nearby trails such as Salem Lake Trail, homeowners can enjoy both the vibrancy of city life and the tranquility of a peaceful neighborhood setting.
Cider Hill will feature a collection of thoughtfully designed homes with open-concept layouts suited to a variety of lifestyles. Each home showcases a modern kitchen equipped with Whirlpool® stainless steel appliances, Moen® faucets with Power Clean™ spray technology, and spacious wood cabinetry with crown molding detail. Additional premium features throughout the homes include USB-compatible outlets, a Wi-Fi-enabled garage door opener, and energy-efficient elements such as double-pane Low-E windows and LED ENERGY STAR® lighting. These move-in ready homes reflect LGI Homes’ commitment to delivering quality construction and elevated design at an exceptional value.
For more information or to schedule a tour of Cider Hill, interested buyers can call (888) 576-1612 ext 305 or visit LGIHomes.com/CiderHill.
About LGI Homes
Headquartered in The Woodlands, Texas, LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes across 36 markets in 21 states. LGI Homes has closed over 80,000 homes since its founding in 2003 and has delivered profitable financial results every year. Nationally recognized for its quality construction and exceptional customer service, LGI Homes was named to Newsweek’s list of the World’s Most Trustworthy Companies. LGI Homes’ commitment to excellence extends to its more than 1,000 employees, earning the Company numerous workplace awards at the local, state, and national level, including the Top Workplaces USA 2025 Award. For more information about LGI Homes and its unique operating model focused on making the dream of homeownership a reality for families across the nation, please visit the Company’s website at www.lgihomes.com.
MEDIA CONTACT:
Rachel Eaton
(281) 362-8998 ext. 2560
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b9d3b74d-6eaa-434d-a79a-830ebf4a8e74
Angled View of the Cider duplex The Cider features professional landscaping with beautiful stone exterior.
CHARLOTTE, N.C., May 07, 2026 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) proudly announces the grand opening of Willow Estates, an exciting new single-family home community located west of Charlotte in Shelby, NC. This highly anticipated neighborhood of 246 lots offers homebuyers the opportunity to own a move-in-ready home featuring modern upgrades, spacious layouts and exceptional value in a charming small-town setting.
Willow Estates delivers a lifestyle centered on comfort, convenience and affordability. Residents will enjoy thoughtfully designed homes alongside a variety of nearby amenities, including local dining, shopping and family-friendly attractions. Future onsite amenities such as a children’s playground, gazebo and picnic areas with barbeque grills will provide welcoming spaces for relaxation and community gatherings, estimated for completion in late 2026.
Conveniently located within Shelby, Willow Estates offers easy access to major employment centers and nearby cities such as Charlotte and Spartanburg, SC. Outdoor enthusiasts will appreciate proximity to local parks and recreation areas, while the surrounding community provides a peaceful atmosphere ideal for families and first-time buyers alike.
“Willow Estates brings some of our most popular floor plans to Shelby at an exceptional value, with homes starting in the upper-$200s,” stated Tyler Zulli, Vice President of Sales. “Ideally located next to Jefferson Elementary School, a highly regarded local school, this community offers both convenience and long-term appeal for families.”
The community will feature a collection of spacious three- and four-bedroom single-family homes, each complete with attached two-car garages and open-concept floor plans. Every home includes LGI Homes’ CompleteHome™ package, offering a full suite of upgrades at no additional cost. These enhancements include energy-efficient Whirlpool® kitchen appliances, granite countertops, luxury vinyl plank flooring, recessed lighting, designer finishes and professional front-yard landscaping.
Six thoughtfully designed floor plans will be available at Willow Estates:
Aaron – 3 beds, 2 baths, 2-car garage, 1,172 sq. ft.Ashe – 3 beds, 2 baths, 2-car garage, 1,388 sq. ft.Cary – 3 beds, 2 baths, 2-car garage, 1,552 sq. ft.Avery – 3 beds, 2.5 baths, 2-car garage, 1,800 sq. ft.Carolina – 3 beds, 2.5 baths, 2-car garage, 1,726 sq. ft.Camden – 4 beds, 2.5 baths, 2-car garage, 2,002 sq. ft. “Willow Estates will feature a mix of single-family homes, with townhomes coming soon, giving buyers flexible options to fit their lifestyle. We’re excited to introduce a community that truly combines affordability, location, and quality,” stated Zulli.
Home prices start in the $270s. Interested buyers are encouraged to contact the LGI Homes Information Center at 866 (427) 5679 ext 771 for additional details. The community is open seven days a week, with hours designed to accommodate a variety of schedules.
About LGI Homes
Headquartered in The Woodlands, Texas, LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes across 36 markets in 21 states. LGI Homes has closed over 80,000 homes since its founding in 2003 and has delivered profitable financial results every year. Nationally recognized for its quality construction and exceptional customer service, LGI Homes was named to Newsweek’s list of the World’s Most Trustworthy Companies. LGI Homes’ commitment to excellence extends to its more than 1,000 employees, earning the Company numerous workplace awards at the local, state, and national level, including the Top Workplaces USA 2025 Award. For more information about LGI Homes and its unique operating model focused on making the dream of homeownership a reality for families across the nation, please visit the Company’s website at www.lgihomes.com.
MEDIA CONTACT:
Rachel Eaton
(281) 362-8998 ext. 2560
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/fdde481f-c797-4d95-ba17-bacd30f2c6b6
The Avery by LGI Homes at Willow Estates The Avery features a spacious layout with three bedrooms and two and a half bathrooms.
Key Takeaways March construction spending rose 0.6%, led by a 2.7% jump in single-family homebuilding.DHI expects 12.5% earnings growth next year as estimates climbed 1.1% in 60 days.LGIH projects 39.5% earnings growth next year, with estimates up 12.7% in 60 days. Construction spending rebounded in March after struggling for months. The jump was powered by a surge in single-family homebuilding, as overall spending on private construction projects rose at a rapid pace.
The housing industry has been responsible for the overall growth in construction spending in the past and is once again boosting spending. Although mortgage rates remain a concern, single-family homes are in demand.
The housing market got a boost in March after mortgage rates fell in February. Given this situation, investing in homebuilding stocks appears to be a wise decision. We have narrowed down our search to two homebuilding stocks, such as D.R. Horton (DHI - Free Report) and LGI Homes, Inc. (LGIH - Free Report) .
Construction Spending JumpsThe Commerce Department reported last week that construction spending jumped 0.6% in March, surpassing analysts’ expectations of a rise of 0.2%. The jump follows a 0.2% decline in February. Year over year, construction spending rose 1.6% in March.
Spending on private construction projects climbed 0.8% in March after declining 0.2% a month earlier. Spending on homebuilding projects grew 1.7% in March, while spending on single-family homes rose 2.7%. Spending on multi-family housing units advanced 0.3% in March. Meanwhile, spending on private nonresidential ???structures declined 0.2% in March.
The construction industry has faced several challenges over the past several months. Sky-high inflation and the ongoing conflict with Iran have kept mortgage rates higher. Also, home prices have remained steep owing to higher tariffs.
Even then, demand for housing has remained high. The National Association of Realtors reported that existing home sales rebounded in April, rising 0.2% sequentially to a seasonally adjusted annual rate of 4.02 million units.
One of the major reasons behind this surge is a decline in mortgage rates in February. The 30-year fixed-rate mortgage fell to 5.98% in February, bringing in some relief for home buyers. However, high inflation and the Iran war saw mortgage rates bounce back to 6.46% in early April.
However, the demand for new homes has been high, and once the mortgage rates ease further, sales are expected to spike.
2 Homebuilding Stocks With UpsideD.R. HortonD.R. Horton is one of the leading national homebuilders, primarily engaged in the construction and sale of single-family houses both in the entry-level and move-up markets. DHI’s operations are spread over 91 markets across 29 states in the East, Midwest, Southeast, South Central, Southwest and West regions of the United States. D.R. Horton’s houses are sold under the brand names D.R. Horton - America’s Builder, Emerald Homes, Express Homes and Freedom Homes.
D.R. Horton’s expected earnings growth rate for next year is 12.5%. The Zacks Consensus Estimate for current-year earnings has improved 1.1% over the past 60 days. DHI currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
LGI Homes, Inc. LGI Homes, Inc. is engaged in the design and construction of entry-level homes across Texas, Arizona, Florida and Georgia. LGIH focuses on converting renters of apartments and single-family homes into homeowners by offering homes at affordable locations.
LGI Homes’ expected earnings growth rate for next year is 39.5%. The Zacks Consensus Estimate for current-year earnings has improved 12.7% over the past 60 days. LGIH has a Zacks Rank #2 (Buy).
ALBUQUERQUE, N.M., May 15, 2026 (GLOBE NEWSWIRE) -- LGI Homes, Inc. announces the grand opening of Vistas at Los Senderos, an exciting new community located within the growing Los Senderos master-planned development in Los Lunas, one of the Albuquerque area’s fastest-growing residential corridors.
Since opening in late April, Vistas at Los Senderos has experienced strong interest and positive momentum, reflecting an enthusiastic response from homebuyers seeking quality new homes in Los Lunas. “We are excited to continue our presence in the Los Lunas market and to bring continued success to the area,” stated Dallas Murphy, Vice President of Operations for New Mexico.
The opening of Vistas at Los Senderos comes amid continued residential and economic growth in Los Lunas, where expanding employment opportunities and infrastructure investment continue to drive housing demand throughout the region. Conveniently located near Interstate 25 and Highway 6, Vistas at Los Senderos offers residents a quick and easy commute to downtown Albuquerque, as well as convenient access to major employers, shopping, dining, and local attractions.
Vistas at Los Senderos is part of the larger Los Senderos master-planned development, a transformative mixed-use community planned for approximately 900 acres in Los Lunas. The development is designed to bring together residential neighborhoods, parks, trails, open space, and future commercial opportunities in one connected environment. Planned with long-term growth in mind, Los Senderos is expected to contribute to the continued expansion of the Los Lunas area while preserving the region’s natural beauty and outdoor lifestyle. According to the Village of Los Lunas Los Senderos Area Plan and development marketing materials, the broader community vision includes thousands of future homes, integrated amenities, and a “live, work, shop and play” experience for residents.
LGI Homes offers thoughtfully designed homes, ranging from two- to five-bedrooms with one- and two-story, open-concept floor plans. Each home includes LGI Homes’ CompleteHome™ Package, which delivers upgraded features such as Whirlpool® stainless steel kitchen appliances, quartz countertops, luxury vinyl plank flooring, and designer finishes, all included at no additional cost. Homes at Vistas at Los Senderos start in the low-$300s.
Opening later this year, families will enjoy top-tier amenities with a community park that features a playground, picnic areas, and a basketball court. The community is also within reach of a variety of local amenities, including nearby parks, trails, and recreation facilities. Vistas at Los Senderos residents will also have quick access to Daniel Fernandez Recreation Center and Los Lunas Sports Complex, which feature sports fields, playgrounds, splash pads, and more.
For more information, customers are encouraged to call (866) 948-9681 ext. 660 or visit LGI Homes.com/VistasatLosSenderos.
About LGI Homes
Headquartered in The Woodlands, Texas, LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes across 36 markets in 21 states. LGI Homes has closed over 80,000 homes since its founding in 2003 and has delivered profitable financial results every year. Nationally recognized for its quality construction and exceptional customer service, LGI Homes was named to Newsweek’s list of the World’s Most Trustworthy Companies. LGI Homes’ commitment to excellence extends to its more than 1,000 employees, earning the Company numerous workplace awards at the local, state, and national level, including the Top Workplaces USA 2025 Award. For more information about LGI Homes and its unique operating model focused on making the dream of homeownership a reality for families across the nation, please visit the Company’s website at www.lgihomes.com.
MEDIA CONTACT:
Rachel Eaton
(281) 362-8998 ext. 2560
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/92cd664a-26f5-4092-b217-755771d4bc9f
The Oak by LGI Homes at Vistas at Los Senderos The Oak features a spacious layout with four bedrooms and three bathrooms.
HOUSTON, May 18, 2026 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) is proud to announce the opening of Cypress Trails, an exciting new master-planned community in Hockley, located within the highly desirable northwest Houston corridor near Cypress, Texas. Combining thoughtfully designed homes, resort-style amenities and exceptional accessibility, Cypress Trails is positioned to become a premier destination for homebuyers seeking value, convenience and an elevated lifestyle.
Ideally located near the Grand Parkway, Highway 249 and Highway 290, Cypress Trails offers residents convenient access to major employment centers, as well as premier shopping, dining and recreational destinations in Cypress and surrounding areas, many of which are located less than 10 minutes away. The community is also proudly zoned to Waller ISD, providing families with access to quality education within a supportive and growing district.
“We chose this location due to its close proximity to jobs, shopping and recreational amenities, along with the excellent accessibility provided by the Grand Parkway and nearby highways,” stated Pat Vedra, Regional Vice President of Land Acquisitions and Development. “This location offers homebuyers the opportunity to enjoy a welcoming neighborhood in an area where demand continues to grow.”
“We are excited to return to Hockley, where we’ve experienced tremendous success and strong demand from homebuyers. Cypress Trails is an exceptional master-planned community offering a wide range of thoughtfully designed homes, with our CompleteHome™ series starting in the mid-$200s and our CompleteHome Plus™ series starting in the mid-$300s. Residents will enjoy an amenity-rich lifestyle featuring pickleball courts, a dog park, playgrounds and walking trails, all while benefiting from a low tax rate and affordable HOA dues,” stated Zach Walden, Vice President of Operations.
Cypress Trails will bring more than 500 new homes to the area, complemented by a thoughtfully designed collection of amenities intended to enhance everyday living and encourage outdoor recreation and community connection. Residents will enjoy access to two beautifully designed parks, The Hideaway and Songbird Park, coming soon.
The Hideaway, a 2.1-acre community hub, will feature pickleball courts, a playground, a turf play mound, fitness stations, a pavilion, picnic areas, and an event lawnSongbird Park will offer serene walking trails, play areas and picnic areas Homes at Cypress Trails start from the $240s, offering a diverse range of single-family home designs to suit a variety of lifestyles. Homes will range from two-bedroom villas starting at 1,186 square feet to spacious five-bedroom floor plans spanning up to 2,916 square feet. Homebuyers will find thoughtfully designed layouts that combine comfort, style, and functionality.
With its prime location, impressive amenities and thoughtfully designed homes, Cypress Trails offers homebuyers a rare opportunity to enjoy the best of northwest Houston living within a vibrant new master-planned community. For more information about LGI Homes at Cypress Trails, please call (833) 385-5906 ext. 137, or visit LGIHomes.com/CypressTrails.
About LGI Homes
Headquartered in The Woodlands, Texas, LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes across 36 markets in 21 states. LGI Homes has closed over 80,000 homes since its founding in 2003 and has delivered profitable financial results every year. Nationally recognized for its quality construction and exceptional customer service, LGI Homes was named to Newsweek’s list of the World’s Most Trustworthy Companies. LGI Homes’ commitment to excellence extends to its more than 1,000 employees, earning the Company numerous workplace awards at the local, state, and national level, including the Top Workplaces USA 2025 Award. For more information about LGI Homes and its unique operating model focused on making the dream of homeownership a reality for families across the nation, please visit the Company’s website at www.lgihomes.com.
MEDIA CONTACT:
Rachel Eaton
(281) 362-8998 ext. 2560
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/27ce4cc9-3f71-4c6e-876d-03e001ae20ed
The Yaupon Floor Plan by LGI Homes at Cypress Trails The Yaupon features an impressive layout with five spacious bedrooms, three full bathrooms, a versat...
LGI Homes (LGIH - Free Report) closed the last trading session at $46.23, gaining 2.2% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $66.33 indicates a 43.5% upside potential.
The average comprises three short-term price targets ranging from a low of $41.00 to a high of $93.00, with a standard deviation of $26.03. While the lowest estimate indicates a decline of 11.3% from the current price level, the most optimistic estimate points to a 101.2% upside. More than the range, one should note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts.
While the consensus price target is highly sought after by investors, the ability and unbiasedness of analysts in setting price targets have long been questionable. And investors making investment decisions solely based on this tool would arguably do themselves a disservice.
But, for LGIH, an impressive average price target is not the only indicator of a potential upside. Strong agreement among analysts about the company's ability to report better earnings than they predicted earlier strengthens this view. While a positive trend in earnings estimate revisions doesn't gauge how much a stock could gain, it has proven to be powerful in predicting an upside.
Price, Consensus and EPS Surprise
Here's What You Should Know About Analysts' Price TargetsAccording to researchers at several universities across the globe, a price target is one of many pieces of information about a stock that misleads investors far more often than it guides. In fact, empirical research shows that price targets set by several analysts, irrespective of the extent of agreement, rarely indicate where the price of a stock could actually be heading.
While Wall Street analysts have deep knowledge of a company's fundamentals and the sensitivity of its business to economic and industry issues, many of them tend to set overly optimistic price targets. Are you wondering why?
They usually do that to drum up interest in shares of companies that their firms either have existing business relationships with or are looking to be associated with. In other words, business incentives of firms covering a stock often result in inflated price targets set by analysts.
However, a tight clustering of price targets, which is represented by a low standard deviation, indicates that analysts have a high degree of agreement about the direction and magnitude of a stock's price movement. While that doesn't necessarily mean the stock will hit the average price target, it could be a good starting point for further research aimed at identifying the potential fundamental driving forces.
That said, while investors should not entirely ignore price targets, making an investment decision solely based on them could lead to disappointing ROI. So, price targets should always be treated with a high degree of skepticism.
Here's Why There Could be Plenty of Upside Left in LGIHThere has been increasing optimism among analysts lately about the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher. And that could be a legitimate reason to expect an upside in the stock. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
For the current year, one estimate has moved higher over the last 30 days compared to no negative revision. As a result, the Zacks Consensus Estimate has increased 12.7%.
Moreover, LGIH currently has a Zacks Rank #2 (Buy), which means it is in the top 20% of more than 4,000 stocks that we rank based on four factors related to earnings estimates. Given an impressive externally-audited track record, this is a more conclusive indication of the stock's potential upside in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Therefore, while the consensus price target may not be a reliable indicator of how much LGIH could gain, the direction of price movement it implies does appear to be a good guide.
ARLINGTON, Wash., May 22, 2026 (GLOBE NEWSWIRE) -- LGI Homes, INC. (NASDAQ: LGIH) is thrilled to announce the grand opening of Allen Townhomes, a brand-new community located in Arlington, Washington. Just 25 minutes north of Everett, this charming community offers homebuyers a low-maintenance ownership opportunity with contemporary design, carefully curated upgrades, and a peaceful setting to enjoy with family.
Allen Townhomes will have only 36 lots at full build-out, offering homebuyers an exclusive opportunity to own a thoughtfully designed townhome starting in the $530s. Homebuyers can choose between two brand-new floor plans featuring open-concept layouts, attached one-car garages and chef-inspired kitchens. The two-bedroom Berlin floor plan boasts a first-floor flex room, providing versatility for homeowners and their lifestyle. The three-bedroom Cyrus floor plan includes a first-floor guest suite and larger laundry room.
“We are excited at the opportunity to expand our presence north of Seattle with the opening of Allen Townhomes. We will be introducing our CompleteHome Plus™ package at an affordable price with interest rate buy downs and builder closing cost contributions available,” stated Zachary Penrod, Vice President of Sales. Every home at Allen Townhomes comes complete with LGI Homes’ CompleteHome Plus™ package, featuring quartz countertops, Whirlpool® stainless steel appliances, modern flooring, designer lighting, wood cabinetry with crown molding, and elevated finishes all included in the sales price. In addition, homeowners benefit from HOA-maintained exterior and yard care for added convenience.
Residents of Allen Townhomes will enjoy open green spaces, a community playground, picnic areas, and park benches perfect for gathering, relaxing, and outdoor fun. Conveniently located just minutes from WA-9, the community offers easy access to Downtown Arlington, Everett, and Marysville for shopping, dining, entertainment, and everyday conveniences. “We expect strong demand for this community. It’s tucked away yet conveniently located to everything Snohomish County has to offer,” stated Penrod.
The Grand Opening of Allen Townhomes will take place on May 30th, giving homebuyers the first chance to tour the community and take advantage of limited-time incentives. New home savings will be available for one weekend only.
For more information, interested buyers are encouraged to call (877) 401-9890 ext 779. The Allen Townhomes Information Center at 8919 172nd Ave NE, Arlington, WA, 98223 is open seven days a week.
About LGI Homes
Headquartered in The Woodlands, Texas, LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes across 36 markets in 21 states. LGI Homes has closed over 80,000 homes since its founding in 2003 and has delivered profitable financial results every year. Nationally recognized for its quality construction and exceptional customer service, LGI Homes was named to Newsweek’s list of the World’s Most Trustworthy Companies. LGI Homes’ commitment to excellence extends to its more than 1,000 employees, earning the Company numerous workplace awards at the local, state, and national level, including the Top Workplaces USA 2025 Award. For more information about LGI Homes and its unique operating model focused on making the dream of homeownership a reality for families across the nation, please visit the Company’s website at www.lgihomes.com.
MEDIA CONTACT:
Rachel Eaton
(281) 362-8998 ext. 2560
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/12f21d9e-e48a-4323-87b6-e1697eac677b
The Allen Townhomes by LGI Homes Allen Townhomes offers the perfect blend of modern living and suburban charm.
Investors interested in Construction stocks should always be looking to find the best-performing companies in the group. Is LGI Homes (LGIH - Free Report) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.
LGI Homes is a member of the Construction sector. This group includes 88 individual stocks and currently holds a Zacks Sector Rank of #16. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. LGI Homes is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for LGIH's full-year earnings has moved 12.7% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the latest available data, LGIH has gained about 15.4% so far this year. At the same time, Construction stocks have gained an average of 13.7%. This means that LGI Homes is performing better than its sector in terms of year-to-date returns.
TSS Inc. (TSSI - Free Report) is another Construction stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 77.4%.
The consensus estimate for TSS Inc.'s current year EPS has increased 88.2% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, LGI Homes is a member of the Building Products - Home Builders industry, which includes 18 individual companies and currently sits at #211 in the Zacks Industry Rank. This group has lost an average of 3.7% so far this year, so LGIH is performing better in this area.
TSS Inc., however, belongs to the Engineering - R and D Services industry. Currently, this 22-stock industry is ranked #71. The industry has moved +39% so far this year.
Investors interested in the Construction sector may want to keep a close eye on LGI Homes and TSS Inc. as they attempt to continue their solid performance.
