Nobility Homes Q3 Sales Flat at $12.1M, EPS Rises to $0.60
NOBH is trading near its 52-week low of $24 (13% above the low) on elevated volume (2.8× avg).
Summary
Nobility Homes reported Q3 2026 sales of $12.1 million, essentially flat versus $12.0 million a year ago, while net income rose to $1.9 million from $1.8 million and EPS increased to $0.60 from $0.56. For the first nine months, sales declined to $35.1 million from $39.0 million, with net income down to $5.3 million from $6.1 million. The company cited higher interest rates, economic uncertainty, supply chain delays, tariffs, and labor shortages as ongoing headwinds, expecting these challenges to persist through fiscal 2026 and into 2027. The balance sheet remains strong with $25.8 million in cash and investments, no debt, and a book value of $18.52 per share. This follows a Q2 report that also showed significant year-over-year declines, indicating a continued challenging environment for the Florida manufactured housing market.
At the time of this announcement, NOBH was trading at $27.03 on OTC in the Real Estate & Construction sector, with a market capitalization of approximately $85.2M. The 52-week trading range was $24.00 to $40.00. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: ACCESS Newswire.