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S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture
NYSE:SKY

Skyline Champion (SKY) Stock Price, News & Analysis

$83.00
+0.45 (+0.55%)
(As of 02/23/2024 ET)
Today's Range
$82.50
$83.79
50-Day Range
$66.73
$83.00
52-Week Range
$52.12
$83.93
Volume
219,234 shs
Average Volume
341,298 shs
Market Capitalization
$4.79 billion
P/E Ratio
23.78
Dividend Yield
N/A
Price Target
$71.40

Skyline Champion MarketRank™ Stock Analysis

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
14.0% Downside
$71.40 Price Target
Short Interest
Bearish
2.74% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.47mentions of Skyline Champion in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$1.37 M Sold Last Quarter
Proj. Earnings Growth
-5.02%
From $3.19 to $3.03 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.30 out of 5 stars

Construction Sector

97th out of 100 stocks

Mobile Homes Industry

3rd out of 3 stocks


SKY stock logo

About Skyline Champion Stock (NYSE:SKY)

Skyline Champion Corp is a leading manufacturer of factory-built housing and related components. The company is headquartered in Troy, Michigan and operates a network of more than 40 manufacturing facilities across North America.

Skyline Champion Corp was formed in 2018 due to the merger between Skyline Corporation and Champion Enterprises Holdings, LLC. Skyline Corporation has been known for producing high-quality manufactured homes since 1951. Champion Enterprises Holdings, LLC had a strong modular and mobile home manufacturing track record. The merger united two industry leaders and created North America's largest publicly traded factory-built housing company.

Skyline Champion Corp produces and distributes factory-built homes and related components to a diverse customer base. The company's products include manufactured homes, modular homes, park model RVs and commercial structures. Skyline Champion Corp sells its products through independent retailers, builders and developers.

Skyline Champion Corp's management team is led by Mark Yost, the company's President and CEO. Yost has over 30 years of experience in the factory-built housing industry and previously served as the President and CEO of Champion Enterprises Holdings, LLC.

Skyline Champion Corp has reported strong financial results in recent years, reporting increased sales and net income. Skyline Champion Corp's profit margins have also improved recently, and its stock price has performed well. Skyline Champion Corp's valuation metrics are generally in line with industry peers. 

The factory-built housing industry has seen strong growth in recent years, driven by a combination of factors, including affordability, quality and speed of construction. According to the Manufactured Housing Institute, factory-built housing accounted for approximately 10% of all new single-family homes sold in the United States in 2021.

Skyline Champion Corp operates in a highly competitive industry, with numerous players competing for market share. Major competitors include Clayton Homes, Fleetwood Homes and Cavco Industries. In addition, regulatory and political issues, such as zoning restrictions and financing regulations, can also impact the industry.

Skyline Champion Corp has identified several growth opportunities in the coming years. The company is investing in new product development, including energy-efficient homes and homes with advanced technology features. Skyline Champion Corp is also expanding its geographic reach, focusing on growing its presence in the Western United States.

The company has also made several strategic acquisitions in recent years to support its growth strategy. In 2022, Skyline Champion Corp acquired Pinnacle Park Homes, a park model RVs and cabins manufacturer. The acquisition will allow Skyline Champion Corp to expand its product offerings and strengthen its park model RV market position.

While Skyline Champion Corp has demonstrated strong financial performance in recent years, the company faces several potential risks and challenges. For example, consumer preferences or economic conditions could impact demand for factory-built housing, negatively impacting the company's sales and profitability.

Regulatory changes or political issues could also impact the industry, including changes in zoning regulations or financing requirements. Skyline Champion Corp could also face increased market competition, affecting the company's market share and profitability.

In addition, the company's financial performance could be impacted by fluctuations in raw material costs, such as lumber and steel. Skyline Champion Corp may also face challenges related to supply chain disruptions, such as delays in receiving materials or components from suppliers.

SKY Stock Price History

SKY Stock News Headlines

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SKY Mar 2024 60.000 put
SKY Mar 2024 70.000 call
SKY Dec 2024 90.000 call
Q3 2024 Skyline Champion Corp Earnings Call
Skyline (SKY) Q3 Earnings and Revenues Top Estimates
Recap: Skyline Champion Q3 Earnings
Skyline Champion Corp. Bottom Line Retreats In Q3, but beats estimates
ECN Capital finds new backer for manufactured homes business
Skyline Champion Q3 2024 Earnings Preview
See More Headlines
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Company Calendar

Last Earnings
10/31/2023
Today
2/24/2024
Fiscal Year End
3/31/2024
Next Earnings (Estimated)
6/04/2024

Industry, Sector and Symbol

Industry
Mobile homes
Sub-Industry
N/A
Employees
7,700
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$71.40
High Stock Price Target
$81.00
Low Stock Price Target
$62.00
Potential Upside/Downside
-14.0%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
5 Analysts

Profitability

Net Income
$401.80 million
Pretax Margin
13.39%

Debt

Sales & Book Value

Annual Sales
$1.98 billion
Cash Flow
$7.56 per share
Book Value
$24.62 per share

Miscellaneous

Free Float
53,711,000
Market Cap
$4.79 billion
Optionable
Optionable
Beta
1.50
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SKY Stock Analysis - Frequently Asked Questions

Should I buy or sell Skyline Champion stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Skyline Champion in the last year. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" SKY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SKY, but not buy additional shares or sell existing shares.
View SKY analyst ratings
or view top-rated stocks.

What is Skyline Champion's stock price target for 2024?

5 Wall Street research analysts have issued 1-year price objectives for Skyline Champion's stock. Their SKY share price targets range from $62.00 to $81.00. On average, they anticipate the company's share price to reach $71.40 in the next twelve months. This suggests that the stock has a possible downside of 14.0%.
View analysts price targets for SKY
or view top-rated stocks among Wall Street analysts.

How have SKY shares performed in 2024?

Skyline Champion's stock was trading at $74.26 at the beginning of 2024. Since then, SKY stock has increased by 11.8% and is now trading at $83.00.
View the best growth stocks for 2024 here
.

Are investors shorting Skyline Champion?

Skyline Champion saw a increase in short interest during the month of January. As of January 31st, there was short interest totaling 1,540,000 shares, an increase of 10.0% from the January 15th total of 1,400,000 shares. Based on an average daily volume of 330,700 shares, the days-to-cover ratio is presently 4.7 days. Approximately 2.7% of the shares of the company are short sold.
View Skyline Champion's Short Interest
.

When is Skyline Champion's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 4th 2024.
View our SKY earnings forecast
.

How were Skyline Champion's earnings last quarter?

Skyline Champion Co. (NYSE:SKY) released its quarterly earnings data on Tuesday, October, 31st. The company reported $0.82 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.83 by $0.01. The firm earned $464.24 million during the quarter, compared to analyst estimates of $458.57 million. Skyline Champion had a trailing twelve-month return on equity of 15.45% and a net margin of 10.19%. The firm's revenue for the quarter was down 42.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.51 EPS.

Who are Skyline Champion's major shareholders?

Skyline Champion's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.28%), Capital World Investors (6.13%), Wasatch Advisors LP (2.66%), Dimensional Fund Advisors LP (2.28%), Burgundy Asset Management Ltd. (1.28%) and Vaughan Nelson Investment Management L.P. (1.22%). Insiders that own company stock include Erin Mulligan Nelson, Gary E Robinette, Jonathan Wade Lyall, Joseph A Kimmell, Keith A Anderson, Laurie M Hough, Mak Capital One Llc, Mark J Yost, Michael B Berman and Timothy A Burkhardt.
View institutional ownership trends
.

How do I buy shares of Skyline Champion?

Shares of SKY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:SKY) was last updated on 2/24/2024 by MarketBeat.com Staff