What is Wedbush's Estimate for Champion Homes Q2 Earnings?

Key Points

• Wedbush analysts have reduced their Q2 2026 earnings estimates for Champion Homes from $0.95 to $0.81 per share, while the consensus for the full year stands at $3.63 per share.
• Champion Homes' recent earnings report showed a net margin of 8.50% and a revenue increase of 11.7% year-over-year, with earnings of $1.19 per share exceeding estimates.
• A stock buyback plan worth $50 million was approved by Champion Homes' Board of Directors, reflecting a belief that the stock is undervalued.

Champion Homes, Inc. (NYSE:SKY - Free Report) - Stock analysts at Wedbush decreased their Q2 2026 EPS estimates for Champion Homes in a research report issued to clients and investors on Friday, August 8th. Wedbush analyst J. Mccanless now expects that the company will earn $0.81 per share for the quarter, down from their previous forecast of $0.95. The consensus estimate for Champion Homes' current full-year earnings is $3.63 per share. Wedbush also issued estimates for Champion Homes' Q3 2026 earnings at $0.78 EPS, Q4 2026 earnings at $0.74 EPS, Q2 2027 earnings at $0.89 EPS, Q3 2027 earnings at $0.86 EPS, Q4 2027 earnings at $0.83 EPS and FY2027 earnings at $3.56 EPS.

A number of other research analysts also recently weighed in on SKY. Royal Bank Of Canada raised their target price on shares of Champion Homes from $82.00 to $85.00 and gave the company a "sector perform" rating in a research report on Thursday, August 7th. Barclays raised their target price on shares of Champion Homes from $72.00 to $74.00 and gave the company an "equal weight" rating in a research report on Thursday, August 7th. Finally, Zelman & Associates raised shares of Champion Homes from a "strong sell" rating to a "hold" rating in a research report on Thursday, June 5th. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $86.00.

Champion Homes Stock Down 0.6%

Shares of SKY stock traded down $0.45 during trading hours on Monday, hitting $73.05. 122,125 shares of the company were exchanged, compared to its average volume of 641,928. The business has a 50 day moving average of $65.08 and a two-hundred day moving average of $81.64. The company has a current ratio of 2.39, a quick ratio of 1.59 and a debt-to-equity ratio of 0.02. Champion Homes has a 52 week low of $59.44 and a 52 week high of $116.49. The company has a market capitalization of $4.13 billion, a PE ratio of 19.41 and a beta of 1.13.

Champion Homes (NYSE:SKY - Get Free Report) last issued its quarterly earnings data on Tuesday, August 5th. The company reported $1.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.88 by $0.31. Champion Homes had a net margin of 8.50% and a return on equity of 14.35%. The company had revenue of $701.32 million during the quarter, compared to the consensus estimate of $642.18 million. During the same quarter in the prior year, the firm earned $0.91 earnings per share. The firm's revenue was up 11.7% compared to the same quarter last year.

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

Insider Buying and Selling at Champion Homes

In other news, EVP Joseph A. Kimmell sold 3,000 shares of the business's stock in a transaction dated Friday, August 8th. The shares were sold at an average price of $66.03, for a total transaction of $198,090.00. Following the transaction, the executive vice president directly owned 44,568 shares in the company, valued at $2,942,825.04. The trade was a 6.31% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.20% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of SKY. Caitong International Asset Management Co. Ltd increased its stake in shares of Champion Homes by 10,171.4% during the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 719 shares of the company's stock worth $45,000 after purchasing an additional 712 shares during the last quarter. Byrne Asset Management LLC bought a new stake in shares of Champion Homes during the 2nd quarter worth about $48,000. Blue Trust Inc. boosted its holdings in shares of Champion Homes by 49.8% during the 2nd quarter. Blue Trust Inc. now owns 900 shares of the company's stock worth $56,000 after buying an additional 299 shares during the period. Sterling Capital Management LLC boosted its holdings in shares of Champion Homes by 645.5% during the 4th quarter. Sterling Capital Management LLC now owns 917 shares of the company's stock worth $81,000 after buying an additional 794 shares during the period. Finally, AlphaQuest LLC boosted its holdings in shares of Champion Homes by 1,231.3% during the 1st quarter. AlphaQuest LLC now owns 852 shares of the company's stock worth $81,000 after buying an additional 788 shares during the period.

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.