Champion Homes (SKY) to Release Earnings on Tuesday

Key Points

• Champion Homes is set to announce its Q1 2026 earnings on August 5th, with analysts predicting earnings of $0.88 per share and revenue of $642.18 million.
• The company had a previous quarter performance with $0.65 earnings per share, falling short of the consensus estimate of $0.75.
• Champion Homes has recently authorized a $50 million stock repurchase plan, indicating management's belief that the shares are undervalued.

Champion Homes (NYSE:SKY - Get Free Report) is anticipated to announce its Q1 2026 earnings results after the market closes on Tuesday, August 5th. Analysts expect the company to announce earnings of $0.88 per share and revenue of $642.18 million for the quarter.

Champion Homes (NYSE:SKY - Get Free Report) last announced its quarterly earnings results on Tuesday, May 27th. The company reported $0.65 EPS for the quarter, missing the consensus estimate of $0.75 by ($0.10). The firm had revenue of $593.87 million for the quarter, compared to analysts' expectations of $595.42 million. Champion Homes had a return on equity of 13.61% and a net margin of 7.99%. Champion Homes's revenue was up .7% compared to the same quarter last year. During the same period last year, the firm earned $0.62 EPS. On average, analysts expect Champion Homes to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Champion Homes Price Performance

Shares of NYSE:SKY traded up $3.97 during trading on Friday, hitting $64.87. 1,433,335 shares of the stock were exchanged, compared to its average volume of 500,105. The company has a fifty day moving average price of $64.92 and a two-hundred day moving average price of $83.01. The company has a market cap of $3.72 billion, a PE ratio of 18.97 and a beta of 1.13. The company has a current ratio of 2.41, a quick ratio of 1.61 and a debt-to-equity ratio of 0.02. Champion Homes has a 12-month low of $59.44 and a 12-month high of $116.49.

Champion Homes declared that its Board of Directors has initiated a stock buyback program on Friday, May 30th that authorizes the company to buyback $50.00 million in shares. This buyback authorization authorizes the company to purchase up to 1.3% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's board of directors believes its stock is undervalued.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on SKY. Barclays cut their price objective on Champion Homes from $97.00 to $72.00 and set an "equal weight" rating for the company in a research report on Wednesday, May 28th. Zelman & Associates upgraded Champion Homes from a "strong sell" rating to a "hold" rating in a research report on Thursday, June 5th. Finally, Royal Bank Of Canada cut their price objective on Champion Homes from $96.00 to $82.00 and set a "sector perform" rating for the company in a research report on Wednesday, May 28th. Six investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, Champion Homes has a consensus rating of "Hold" and an average target price of $80.60.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Millennium Management LLC raised its holdings in Champion Homes by 712.0% in the 1st quarter. Millennium Management LLC now owns 70,029 shares of the company's stock valued at $6,636,000 after acquiring an additional 61,405 shares during the last quarter. Royal Bank of Canada increased its holdings in shares of Champion Homes by 66.1% during the 1st quarter. Royal Bank of Canada now owns 10,804 shares of the company's stock worth $1,024,000 after buying an additional 4,301 shares during the last quarter. Finally, AQR Capital Management LLC acquired a new stake in shares of Champion Homes during the 1st quarter worth $294,000.

Champion Homes Company Profile

Skyline Champion Corporation produces and sells factory-built housing in North America. The company offers manufactured and modular homes, park models RVs, accessory dwelling units, and modular buildings for the multi-family and hospitality sectors. It builds homes under the Skyline Homes, Champion Home Builders, Genesis Homes, Athens Park Models, Dutch Housing, Atlantic Homes, Excel Homes, Homes of Merit, New Era, Redman Homes, ScotBilt Homes, Shore Park, Silvercrest, and Titan Homes brands in the United States; and Moduline and SRI Homes brand names in western Canada.