5 Best Real Estate Stocks to Buy Beyond REITs

4. Champion Homes, Inc. (NYSE:SKY)

Short float: 4.90%

Number of Hedge Fund Holders: 36

Champion Homes, Inc. (NYSE:SKY) is one of the 8 Best Real Estate Stocks to Buy Beyond REITs. On May 27, TheFly reported that RBC Capital reduced its price target on Champion Homes to $92 from $101 while maintaining an Outperform rating on the stock following the release of its fourth quarter results.

The analyst cited a more muted outlook for the first quarter, mainly due to recent macro headwinds. Despite near-term demand remaining impacted by the tough macro backdrop and incremental cost pressures, the analyst noted that the firm’s markets remain relatively resilient.

On May 27, Champion Homes reported an 18.4% decline in its net income in the fourth quarter of its fiscal year, which ended March 28, to $29.7 million. For the full fiscal year 2026, the company posted a 4.3% increase to $206.9 million. The company attributed the decline to charges related to the change in fair value of acquisition contingent consideration and product liability true-up.

Champion Homes, Inc. (NYSE:SKY) is a producer of factory-built housing in North America. The company has 46 manufacturing facilities throughout the United States and western Canada with a portfolio of manufactured and modular homes, ADUs, park-models, and modular buildings for the single-family, multi-family, and hospitality sectors.