Champion Homes (NYSE:SKY) Shares Gap Up on Strong Earnings

Champion Homes, Inc. (NYSE:SKY) shares gapped up prior to trading on Wednesday following a better than expected earnings announcement. The stock had previously closed at $76.03, but opened at $81.27. Champion Homes shares last traded at $80.13, with a volume of 97,794 shares trading hands.

The company reported $0.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $0.13. The company had revenue of $656.61 million during the quarter, compared to the consensus estimate of $649.40 million. Champion Homes had a net margin of 8.10% and a return on equity of 13.91%. The firm’s quarterly revenue was up 1.8% on a year-over-year basis. During the same period in the previous year, the firm posted $1.04 earnings per share.

Key Stories Impacting Champion Homes

Here are the key news stories impacting Champion Homes this week:

• Positive Sentiment: Quarterly beat: Champion reported Q3 fiscal 2026 EPS of $0.96 vs. the $0.83 consensus and revenue of $656.6M (vs. ~$649M expected), showing modest top-line growth. The results and management commentary drove initial investor optimism. Champion Homes Announces Third Quarter Fiscal 2026 Results
• Positive Sentiment: Analyst tone: Aggregated research shows an average recommendation of “Moderate Buy,” supporting demand for the shares as investors look for continued earnings power. Champion Homes Receives Average Recommendation of Moderate Buy
• Neutral Sentiment: Conference call/details: The earnings call transcript provides detail on ASP, channel mix and inventory/backlog trends — useful for assessing near-term margin trajectory but not a clear directional catalyst on its own. Investors should review management’s remarks on pricing and channel strategy. Q3 2026 Earnings Call Transcript
• Negative Sentiment: Margin volatility flagged: A deep-dive piece highlights that recent product launches and shifts in sales channels have driven margin volatility — a caution for investors who may have priced in steadier margins. That dynamic can increase short‑term stock volatility. Sky Q4 deep dive: Product launches and channel shifts drive margin volatility
• Negative Sentiment: Backlog and unit trends: Backlog fell ~15% sequentially and U.S. homes sold declined ~2.6% year-over-year; while ASPs helped revenue, softer orders/backlog could weigh on future revenue visibility. Q4 CY2025 Earnings Results: Revenue In Line With Expectations

Analysts Set New Price Targets

SKY has been the subject of several recent research reports. Zacks Research upgraded Champion Homes from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 4th. Zelman & Associates raised shares of Champion Homes from a “neutral” rating to an “outperform” rating in a research note on Friday, November 7th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $101.00 target price on shares of Champion Homes in a research note on Friday, January 9th. Weiss Ratings reissued a “hold (c)” rating on shares of Champion Homes in a report on Wednesday, January 21st. Finally, CJS Securities raised shares of Champion Homes to a “strong-buy” rating in a report on Thursday, December 11th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $106.00.

Insiders Place Their Bets

In other Champion Homes news, EVP Joseph A. Kimmell sold 1,800 shares of the stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $88.35, for a total transaction of $159,030.00. Following the completion of the transaction, the executive vice president owned 54,177 shares of the company’s stock, valued at $4,786,537.95. This represents a 3.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Timothy A. Burkhardt sold 12,183 shares of the firm’s stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $87.41, for a total value of $1,064,916.03. Following the completion of the transaction, the vice president owned 33,230 shares in the company, valued at approximately $2,904,634.30. This trade represents a 26.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 15,795 shares of company stock worth $1,372,603 in the last three months. 1.20% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. First Eagle Investment Management LLC lifted its holdings in Champion Homes by 10.1% in the 4th quarter. First Eagle Investment Management LLC now owns 122,824 shares of the company’s stock valued at $10,379,000 after purchasing an additional 11,300 shares in the last quarter. Swiss Life Asset Management Ltd acquired a new stake in shares of Champion Homes in the fourth quarter valued at about $403,000. Bryn Mawr Trust Advisors LLC raised its position in shares of Champion Homes by 8.9% in the fourth quarter. Bryn Mawr Trust Advisors LLC now owns 14,972 shares of the company’s stock valued at $1,265,000 after buying an additional 1,219 shares during the last quarter. Wilson Asset Management International PTY Ltd. purchased a new position in shares of Champion Homes in the fourth quarter worth about $558,000. Finally, Strs Ohio boosted its position in Champion Homes by 14.7% during the fourth quarter. Strs Ohio now owns 3,900 shares of the company’s stock worth $330,000 after acquiring an additional 500 shares during the last quarter.

Champion Homes Stock Performance

The company has a market cap of $4.70 billion, a PE ratio of 22.35 and a beta of 1.09. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.77 and a current ratio of 2.60. The firm’s 50 day moving average is $87.36 and its 200-day moving average is $78.18.

About Champion Homes

Champion Homes, traded under the NYSE ticker SKY, operates as a leading provider of factory-built housing solutions in North America. The company specializes in the design, manufacture and sale of manufactured and modular homes, serving a broad spectrum of customers from first-time homebuyers to those seeking upscale residential properties. Champion Homes leverages vertically integrated operations to streamline production, ensuring consistent quality and cost efficiencies across its product lines.

The company’s product portfolio encompasses single- and multi-section modular homes, manufactured home models, park models and select commercial modular buildings.