Champion Homes (SKY) Expected to Announce Quarterly 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 projected to release its Q1 2026 earnings data after the market closes on Tuesday, August 5th. Analysts expect Champion Homes to post earnings of $0.88 per share and revenue of $642.18 million for the quarter.

Champion Homes (NYSE:SKY - Get Free Report) last issued its quarterly earnings data on Tuesday, May 27th. The company reported $0.65 earnings per share for the quarter, missing analysts' consensus estimates of $0.75 by ($0.10). The company had revenue of $593.87 million for the quarter, compared to the consensus estimate of $595.42 million. Champion Homes had a net margin of 7.99% and a return on equity of 13.61%. Champion Homes's revenue for the quarter was up .7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.62 earnings per share. 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

SKY traded down $0.64 on Thursday, reaching $60.90. The company had a trading volume of 789,554 shares, compared to its average volume of 493,148. The company has a market capitalization of $3.49 billion, a P/E ratio of 17.81 and a beta of 1.16. The company has a current ratio of 2.41, a quick ratio of 1.61 and a debt-to-equity ratio of 0.02. The company has a fifty day moving average of $65.79 and a 200-day moving average of $83.36. Champion Homes has a one year low of $59.44 and a one year high of $116.49.

Champion Homes announced that its Board of Directors has approved a stock buyback program on Friday, May 30th that permits the company to buyback $50.00 million in outstanding shares. This buyback authorization permits the company to buy up to 1.3% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's board of directors believes its shares are undervalued.

Institutional Trading of Champion Homes

A number of institutional investors have recently added to or reduced their stakes in the business. AQR Capital Management LLC bought a new position in Champion Homes during the first quarter valued at about $294,000. Royal Bank of Canada raised its position in shares of Champion Homes by 66.1% in the first quarter. Royal Bank of Canada now owns 10,804 shares of the company's stock valued at $1,024,000 after purchasing an additional 4,301 shares during the period. Finally, Millennium Management LLC boosted its holdings in shares of Champion Homes by 712.0% during the 1st quarter. Millennium Management LLC now owns 70,029 shares of the company's stock worth $6,636,000 after buying an additional 61,405 shares during the period.

Analyst Ratings Changes

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

About Champion Homes

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.