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Champion Homes Expands Share Buyback Program

Story Highlights
  • Champion Homes’ Board approved a $50 million increase to its share repurchase program.
  • The company reported a strong Q2 fiscal 2026 with an 11% sales increase and a 6.3% rise in net income.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Champion Homes Expands Share Buyback Program

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An update from Champion Homes ( (SKY) ) is now available.

On October 30, 2025, Champion Homes‘ Board of Directors approved a $50 million increase to its share repurchase program, raising the total available amount to $150 million. The company reported strong financial results for the second quarter of fiscal 2026, ending September 27, 2025, with an 11% increase in net sales to $684.4 million and a 6.3% rise in net income to $58.2 million compared to the previous year. The growth was driven by higher sales through company-owned retail channels and the acquisition of Iseman Homes. The average selling price per U.S. home sold increased by 6.8% to $98,700, and the gross profit margin expanded by 50 basis points to 27.5%. The company also repurchased $50 million of shares under its share repurchase program during the quarter.

The most recent analyst rating on (SKY) stock is a Buy with a $81.00 price target. To see the full list of analyst forecasts on Champion Homes stock, see the SKY Stock Forecast page.

Spark’s Take on SKY Stock

According to Spark, TipRanks’ AI Analyst, SKY is a Outperform.

Champion Homes shows a strong financial performance and strategic initiatives that support growth, reflected in a high earnings call score. However, technical indicators suggest a neutral trend, and valuation metrics indicate moderate attractiveness. The decline in free cash flow and potential challenges in certain sales channels are risks to monitor.

To see Spark’s full report on SKY stock, click here.

More about Champion Homes

Champion Homes, Inc. (NYSE: SKY) is a leading producer of factory-built housing in North America, employing approximately 9,000 people. With over 70 years of homebuilding experience and 46 manufacturing facilities across the United States and western Canada, the company offers a diverse portfolio of manufactured and modular homes, ADUs, park-models, and modular buildings for single-family, multi-family, and hospitality sectors. Champion Homes also provides construction services, operates a factory-direct retail business with 82 retail locations in the U.S., and runs Star Fleet Trucking for transportation services.

Average Trading Volume: 744,509

Technical Sentiment Signal: Sell

Current Market Cap: $3.76B

For an in-depth examination of SKY stock, go to TipRanks’ Overview page.

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