Company Repurchases and Retires $50M of Common Stock
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 5d ago
0mins
Should l Buy SKY?
The company repurchased and retired $50M of its common stock under the previously announced repurchase program. On January 29, 2026, the company's board of directors refreshed the share repurchase authorization to provide for $150M of potential future repurchases.
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Analyst Views on SKY
Wall Street analysts forecast SKY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SKY is 95.67 USD with a low forecast of 86.00 USD and a high forecast of 101.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
3 Buy
1 Hold
0 Sell
Strong Buy
Current: 83.420
Low
86.00
Averages
95.67
High
101.00
Current: 83.420
Low
86.00
Averages
95.67
High
101.00
About SKY
Champion Homes, Inc. is a producer of factory-built housing in North America. Its segments include U.S. Factory-built Housing, which includes manufacturing and retail housing operations, and Canadian Factory-built Housing. The Company has a portfolio of manufactured and modular homes, accessory dwelling units (ADUs), park-models and modular buildings for the single-family, multifamily, and hospitality sectors. In addition to its core home-building business, the Company provides construction services to install and set-up factory-built homes, operates a factory-direct retail business with 72 retail locations across the United States, and operates Star Fleet Trucking, providing transportation services to manufactured housing and other industries from several dispatch locations across the United States. It builds homes under brand names in the factory-built housing industry, including Champion Homes, Genesis Homes, Skyline Homes, Regional Homes, Athens Park, and Dutch Housing.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Champion Homes Q3 2026 Earnings Call Insights
- Management Changes: CEO Tim Larson highlighted the appointment of new CFO Dave McKinstray, emphasizing the company's commitment to driving growth and operational execution in complex environments, while also acknowledging former CFO Laurie Hough's two decades of service, reflecting the importance of leadership continuity.
- Brand Recognition Boost: The Skyline Homes brand was named America's most trusted manufactured homebuilder by Lifestory Research for the sixth consecutive year, indicating success in brand building that is expected to further drive market demand and consumer trust.
- Financial Performance Overview: Third-quarter net sales increased by 2% to $657 million year-over-year, despite a 12% drop in net income to $54 million, reflecting challenges in the market environment and margin pressures, with management's cautious outlook indicating sensitivity to market fluctuations.
- Future Outlook: Management anticipates low single-digit revenue growth for the fourth quarter, with gross margins expected to be in the 25% to 26% range, despite challenges from cautious consumer sentiment and seasonal demand declines, indicating the company's pursuit of stable growth in an uncertain environment.
See More
Cirrus Logic Reports Strong Q3 Earnings, Shares Surge
- Earnings Beat: Cirrus Logic reported third-quarter earnings of $2.97 per share, surpassing the analyst consensus estimate of $2.44 per share, indicating a significant improvement in profitability and boosting investor confidence.
- Sales Growth: The company achieved quarterly sales of $580.620 million, exceeding the analyst consensus estimate of $533.890 million, demonstrating strong market demand and driving sustained performance growth.
- Stock Surge: Following the positive earnings report, Cirrus Logic's shares jumped 7.6% to $134.10 on Wednesday, reflecting market optimism regarding the company's future growth potential.
- Optimistic Guidance: Cirrus Logic provided fourth-quarter sales guidance that is expected to exceed market estimates, further solidifying its competitive position in the semiconductor industry.
See More
Skyline Champion Q3 Earnings Beat Expectations
- Earnings Beat: Skyline Champion reported a Q3 GAAP EPS of $0.97, exceeding expectations by $0.05, indicating stable profitability despite challenging market conditions.
- Revenue Growth: The company achieved revenue of $656.6 million in Q3, reflecting a 1.8% year-over-year increase and surpassing market expectations by $7.2 million, demonstrating resilience in a competitive landscape.
- Sales and Backlog Decline: U.S. homes sold decreased by 2.6% to 6,270 units, and backlog fell 15.1% to $266 million from the previous quarter, suggesting potential pressure on future performance due to weakened market demand.
- Gross Margin Decline: Although the average selling price rose by 4.6% to $99,300, the gross profit margin decreased by 190 basis points to 26.2%, which may impact the company's long-term profitability and investor confidence.
See More
Skyline Champion Q3 Earnings Announcement Scheduled
- Earnings Release Date: Skyline Champion (SKY) is set to announce its Q3 earnings on February 3rd after market close, with consensus EPS estimate at $0.84, reflecting a 20.8% year-over-year decline, while revenue is expected to reach $649.4 million, a modest 0.7% increase year-over-year.
- Historical Performance Review: Over the past two years, Skyline Champion has surpassed EPS estimates 75% of the time and revenue estimates 75% of the time, indicating a relatively stable financial performance amidst market fluctuations.
- Expectation Adjustment Dynamics: In the last three months, EPS estimates have seen two upward revisions and three downward revisions, while revenue estimates have experienced three upward revisions with no downward adjustments, reflecting mixed market sentiment regarding the company's future performance.
- Market Outlook Analysis: Skyline Champion anticipates flat revenue for Q3, primarily influenced by its multi-section product mix and legislative momentum, which could significantly impact the company's long-term growth prospects.
See More
Alkane Resources Reports Record Gold Production and Revenue for Q2 FY26
- Quarterly Cash Flow Performance: Alkane achieved an operating cash flow of $133 million in Q2 FY26, reflecting a robust financial position bolstered by rising gold prices and improved production efficiency, enhancing future investment capabilities.
- Record Gold Production: The company produced 43,663 ounces of gold in the quarter, a 43% increase from the previous quarter, while maintaining full-year guidance of 160,000 to 175,000 ounces, demonstrating strong production capacity post-merger.
- Significant Revenue Growth: The quarter saw gold equivalent sales of 44,084 ounces, generating $256 million in revenue at an average gold price of $5,785/oz, an 18% increase from the previous quarter, providing ample funding for future expansion plans.
- Exploration Success: At the Björkdal Storheden project, drilling extended to 464 meters deep, revealing gold grades of up to 142.0 g/t, indicating substantial potential for resource development and extending the mine's life.
See More
Champion Homes (NYSE:SKY) to Release Q3 2026 Earnings on February 3
- Earnings Release Schedule: Champion Homes will release its Q3 2026 earnings after market close on February 3, 2026, providing investors with critical financial performance data that could inform future growth potential.
- Conference Call Timing: The company will hold a conference call on February 4, 2026, at 8:00 A.M. Eastern Time to discuss the earnings results, allowing investors to listen via a live webcast, thereby enhancing transparency and investor relations.
- Replay Availability: A replay of the conference call will be available on the company's website immediately after the call and until 11:59 P.M. Eastern Time on February 18, 2026, ensuring that investors who cannot participate live can still access important information.
- Company Background: Champion Homes is a leading producer of factory-built housing in North America with over 70 years of experience and 46 manufacturing facilities, employing approximately 9,000 people, showcasing strong market competitiveness and innovation capabilities.
See More
Champion Homes Q3 2026 Earnings Call Insights
- Management Changes: CEO Tim Larson highlighted the appointment of new CFO Dave McKinstray, emphasizing the company's commitment to driving growth and operational execution in complex environments, while also acknowledging former CFO Laurie Hough's two decades of service, reflecting the importance of leadership continuity.
- Brand Recognition Boost: The Skyline Homes brand was named America's most trusted manufactured homebuilder by Lifestory Research for the sixth consecutive year, indicating success in brand building that is expected to further drive market demand and consumer trust.
- Financial Performance Overview: Third-quarter net sales increased by 2% to $657 million year-over-year, despite a 12% drop in net income to $54 million, reflecting challenges in the market environment and margin pressures, with management's cautious outlook indicating sensitivity to market fluctuations.
- Future Outlook: Management anticipates low single-digit revenue growth for the fourth quarter, with gross margins expected to be in the 25% to 26% range, despite challenges from cautious consumer sentiment and seasonal demand declines, indicating the company's pursuit of stable growth in an uncertain environment.
See More
Cirrus Logic Reports Strong Q3 Earnings, Shares Surge
- Earnings Beat: Cirrus Logic reported third-quarter earnings of $2.97 per share, surpassing the analyst consensus estimate of $2.44 per share, indicating a significant improvement in profitability and boosting investor confidence.
- Sales Growth: The company achieved quarterly sales of $580.620 million, exceeding the analyst consensus estimate of $533.890 million, demonstrating strong market demand and driving sustained performance growth.
- Stock Surge: Following the positive earnings report, Cirrus Logic's shares jumped 7.6% to $134.10 on Wednesday, reflecting market optimism regarding the company's future growth potential.
- Optimistic Guidance: Cirrus Logic provided fourth-quarter sales guidance that is expected to exceed market estimates, further solidifying its competitive position in the semiconductor industry.
See More
Skyline Champion Q3 Earnings Beat Expectations
- Earnings Beat: Skyline Champion reported a Q3 GAAP EPS of $0.97, exceeding expectations by $0.05, indicating stable profitability despite challenging market conditions.
- Revenue Growth: The company achieved revenue of $656.6 million in Q3, reflecting a 1.8% year-over-year increase and surpassing market expectations by $7.2 million, demonstrating resilience in a competitive landscape.
- Sales and Backlog Decline: U.S. homes sold decreased by 2.6% to 6,270 units, and backlog fell 15.1% to $266 million from the previous quarter, suggesting potential pressure on future performance due to weakened market demand.
- Gross Margin Decline: Although the average selling price rose by 4.6% to $99,300, the gross profit margin decreased by 190 basis points to 26.2%, which may impact the company's long-term profitability and investor confidence.
See More
Skyline Champion Q3 Earnings Announcement Scheduled
- Earnings Release Date: Skyline Champion (SKY) is set to announce its Q3 earnings on February 3rd after market close, with consensus EPS estimate at $0.84, reflecting a 20.8% year-over-year decline, while revenue is expected to reach $649.4 million, a modest 0.7% increase year-over-year.
- Historical Performance Review: Over the past two years, Skyline Champion has surpassed EPS estimates 75% of the time and revenue estimates 75% of the time, indicating a relatively stable financial performance amidst market fluctuations.
- Expectation Adjustment Dynamics: In the last three months, EPS estimates have seen two upward revisions and three downward revisions, while revenue estimates have experienced three upward revisions with no downward adjustments, reflecting mixed market sentiment regarding the company's future performance.
- Market Outlook Analysis: Skyline Champion anticipates flat revenue for Q3, primarily influenced by its multi-section product mix and legislative momentum, which could significantly impact the company's long-term growth prospects.
See More
Alkane Resources Reports Record Gold Production and Revenue for Q2 FY26
- Quarterly Cash Flow Performance: Alkane achieved an operating cash flow of $133 million in Q2 FY26, reflecting a robust financial position bolstered by rising gold prices and improved production efficiency, enhancing future investment capabilities.
- Record Gold Production: The company produced 43,663 ounces of gold in the quarter, a 43% increase from the previous quarter, while maintaining full-year guidance of 160,000 to 175,000 ounces, demonstrating strong production capacity post-merger.
- Significant Revenue Growth: The quarter saw gold equivalent sales of 44,084 ounces, generating $256 million in revenue at an average gold price of $5,785/oz, an 18% increase from the previous quarter, providing ample funding for future expansion plans.
- Exploration Success: At the Björkdal Storheden project, drilling extended to 464 meters deep, revealing gold grades of up to 142.0 g/t, indicating substantial potential for resource development and extending the mine's life.
See More
Champion Homes (NYSE:SKY) to Release Q3 2026 Earnings on February 3
- Earnings Release Schedule: Champion Homes will release its Q3 2026 earnings after market close on February 3, 2026, providing investors with critical financial performance data that could inform future growth potential.
- Conference Call Timing: The company will hold a conference call on February 4, 2026, at 8:00 A.M. Eastern Time to discuss the earnings results, allowing investors to listen via a live webcast, thereby enhancing transparency and investor relations.
- Replay Availability: A replay of the conference call will be available on the company's website immediately after the call and until 11:59 P.M. Eastern Time on February 18, 2026, ensuring that investors who cannot participate live can still access important information.
- Company Background: Champion Homes is a leading producer of factory-built housing in North America with over 70 years of experience and 46 manufacturing facilities, employing approximately 9,000 people, showcasing strong market competitiveness and innovation capabilities.
See More
