Champion Homes Inc. (NYSE: SKY ) is one of them The best homebuilder stocks to buy, according to hedge funds. On February 3, Champion Homes Inc. (NYSE: SKY ) reported Q3 2026 financial results. These are the results for the three months ending December 27. The homebuilder posted adjusted EPS of $0.96, topping the consensus estimate of $0.84. It reported revenue of $656.6 million, which was a 1.8% increase over last year and the consensus estimate of $647.1 million.
The quarter was supported by strong home prices. The company achieved an average sales price of $99,300 per U.S. home, representing a 4.6% increase over the same period last year. Otherwise, home unit sales fell 2.6% amid soft market conditions.
“Despite a challenging environment in the third quarter, we delivered strong operational execution, advanced our strategic priorities, and achieved financial results in line with our expectations,” commented Tim Larsen, CEO of Champion Homes.
Champion Homes’ operating cash flow for the quarter was $100 million. The homebuilder ended the quarter with $659.8 million in cash and cash equivalents after spending $50 million on share repurchases. Notably, cash increased by $41 million compared to the previous quarter.
SpeedKingz/Shutterstock.com
In other news, Champion Homes’ board updated the company’s buyback program, providing for $150 million in potential repurchases in the future.
Champion Homes Inc. (NYSE:SKY) is a homegrown company. It produces manufactured homes for single-family, multi-family, and hospitality consumers. The company has been in business for more than 70 years and operates 46 manufacturing facilities in the United States and Western Canada. It operates through brands such as Skyline Homes, Champion Homes, Genesis Homes, and Athens Park Models.
While we accept SKY’s potential as an investment, we believe some AI stocks offer higher potential and lower risk. If you’re looking for the most undervalued AI stocks that stand to benefit significantly from Trump-era tariffs and the offshore trend, check out our free report Best short-term AI stocks.
Read more: 40 Most Popular Stocks Among Hedge Funds Going into 2026 and 12 Best Stocks to Buy and Hold for the Next 2 Years
Disclosure: None. Follow the inside port on Google News.
