Nobility Homes, Inc. (NOBH)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Nobility Homes, Inc. (NOBH) trades at $30.90 with AI Score 51/100 (Grade B). Nobility Homes, Inc. designs, manufactures, and sells manufactured and modular homes primarily in Florida, operating through its own retail centers and wholesale channels. Market cap: $97.45M, Sector: Consumer cyclical.
Price live · AI analysis from Jun 14, 2026Analyst Coverage for NOBH: NOBH does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates NOBH against Consumer Cyclical peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.
NOBH: 4/7 perspectives are bullish. Dominant signal: Izzy Englander bullish.
How is this calculated? →Nobility Homes, Inc. (NOBH) Consumer Business Overview
Nobility Homes, Inc. is a Florida-based residential construction firm specializing in manufactured and modular homes under various trade names. The company integrates retail sales, insurance services, and mortgage loan origination to support its core manufacturing operations, serving a focused regional market with a direct-to-consumer and wholesale distribution model.
What Is the Investment Thesis for NOBH?
Nobility Homes, Inc. presents a focused investment profile within the Florida residential construction market, characterized by its integrated business model and consistent financial performance. The company's value drivers include a notable 5.17% dividend yield, appealing to income-focused investors, and strong profitability metrics, evidenced by a 15.9% profit margin and a 31.4% gross margin. These margins highlight operational efficiency in its manufacturing and sales processes. Furthermore, its low beta of 0.18 suggests a relatively stable stock performance compared to the broader market, potentially offering a defensive characteristic in volatile periods. Key growth catalysts for Nobility Homes include the ongoing demand for affordable housing solutions in Florida, driven by sustained population growth and migration trends. The company's established network of 10 retail sales centers, as of November 2021, provides a solid foundation for potential expansion into new underserved areas within the state or through increased penetration of its existing markets. The integrated offering of retail insurance and mortgage loan origination services also provides opportunities for enhanced revenue per customer and increased customer loyalty. However, potential risks include the company's significant geographic concentration in Florida, exposing it to regional economic downturns or natural disasters, and the inherent cyclicality of the housing market. Additionally, its OTC Other listing entails risks related to limited disclosure and liquidity.
Based on FMP financials and quantitative analysis
NOBH Key Highlights
- Market Capitalization of $97.45M, reflecting its niche market presence within the residential construction sector.
- P/E ratio of 12.85, indicating its earnings valuation relative to its peers in the housing industry.
- Strong Profit Margin of 15.9% and Gross Margin of 31.4%, showcasing operational efficiency in manufacturing and sales.
- Dividend Yield of 5.17%, providing income generation for shareholders, indicative of a mature business model.
- Low Beta of 0.18, suggesting lower volatility compared to the broader market, potentially offering stability.
Who Are NOBH's Competitors?
NOBH is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| NNRHF Neinor Homes, S.A. | $16.01 | +0.00% | $1.58B | 55 |
| ASNXF Asante Incorporated | $12.13 | -15.17% | $118.55M | 55 |
| SKY Champion Homes, Inc. | $82.94 | -2.71% | $4.55B | 52 |
| BKGFF The Berkeley Group Holdings plc | $47.00 | +2.17% | $4.33B | 52 |
| BTDPF Barratt Redrow plc | $3.50 | +0.00% | $4.90B | 51 |
| BTDPY Barratt Redrow PLC Unsponsored ADR | $7.54 | +1.89% | $2.64B | 51 |
| CNRFF Consorcio ARA, S. A. B. de C. V. | $0.25 | +0.00% | 304M | 52 |
| CVCO Cavco Industries, Inc. | $585.92 | -2.14% | $4.52B | 50 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are NOBH's Key Strengths?
- Integrated business model encompassing manufacturing, retail, insurance, and mortgage origination.
- Strong profitability metrics with a 15.9% Profit Margin and 31.4% Gross Margin.
- Established network of 10 retail sales centers in Florida as of November 2021.
- Diverse portfolio of manufactured home trade names like Kingswood and Tropic Isle.
What Are NOBH's Weaknesses?
- Significant geographic concentration of operations solely within Florida.
- Reliance on the cyclical nature of the residential housing market.
- Limited public disclosure due to OTC market listing and 'Unknown' disclosure status.
- Relatively small market capitalization of $97.45M, potentially limiting access to capital.
What Could Drive NOBH Stock Higher?
- Potential expansion of its retail sales center network beyond the 10 locations reported as of November 2021, driving increased market penetration in Florida.
- Sustained demand for affordable housing in Florida, supporting consistent sales volumes for manufactured and modular homes due to population growth.
- Continued integration and cross-selling of its retail insurance and mortgage loan origination services, enhancing revenue per customer and overall profitability.
- Introduction of new, innovative manufactured home designs or features that cater to evolving consumer preferences and market trends, potentially attracting new customer segments.
What Are the Key Risks for NOBH?
- Significant exposure to the cyclical nature of the residential construction industry, particularly in the Florida market, which can impact sales and profitability.
- Vulnerability to fluctuations in raw material costs and labor availability, which could impact manufacturing margins and overall cost of goods sold.
- Increased competition from both traditional homebuilders and other manufactured home providers in its operating region, potentially leading to pricing pressures.
- Regulatory changes concerning manufactured housing standards, zoning, or consumer financing could impact operations and profitability.
- Risks associated with its OTC Other listing, including limited liquidity and disclosure, which could affect investor confidence and share price stability.
What Are the Growth Opportunities for NOBH?
- Expanding Retail Footprint: The company operated 10 retail sales centers as of November 6, 2021. Strategic expansion into new high-growth areas within Florida or adjacent states could significantly increase market penetration and sales volume. This involves identifying underserved markets with strong demand for affordable housing solutions, leveraging its established brand names like Kingswood and Tropic Isle. A phased expansion plan over the next 3-5 years, potentially adding 2-3 new centers annually, could tap into a broader customer base, especially as population growth in the Southeast continues to outpace national averages.
- Enhancing Financial Services Integration: Nobility Homes, Inc. already offers retail insurance and mortgage loan origination services. Deepening the integration of these services, perhaps by offering more competitive in-house financing options or expanding the range of insurance products, could create a more seamless customer experience and capture a larger share of the overall home purchase value. This strategy could also improve customer loyalty and generate additional revenue streams, potentially increasing the average transaction value by 5-10% over the next two years, thereby enhancing profitability and market stickiness.
- Product Diversification and Customization: While the company offers various trade names, there's an opportunity to diversify its product portfolio to cater to evolving customer preferences, such as energy-efficient designs, smart home features, or customizable floor plans. Investing in R&D for new models that meet specific demographic needs, like active adult communities or first-time homebuyers, could open new market segments. This could involve partnerships with technology providers or architects to introduce innovative designs, potentially expanding the addressable market by 15-20% within the next three to five years.
- Targeting Specific Demographic Shifts: Florida continues to attract retirees and individuals seeking more affordable living options. Nobility Homes, Inc. could strategically target these demographic shifts by developing specialized manufactured home communities or marketing campaigns tailored to these groups. This focused approach could capitalize on the ongoing migration trends, ensuring its product offerings and marketing messages resonate directly with high-potential customer segments. Capturing even a small percentage of this growing demographic could lead to sustained sales growth, potentially increasing unit sales by 8-12% annually over the medium term.
- Leveraging Wholesale Channel Growth: Beyond its own retail centers, the company sells homes on a wholesale basis to independent dealers and manufactured home communities. Strengthening relationships with these partners and actively seeking new wholesale accounts could significantly expand its distribution network without the capital expenditure of opening new retail centers. Offering incentives, training, or co-marketing opportunities to wholesale partners could drive increased orders. This strategy allows for scalable growth, potentially increasing wholesale unit sales by 10-15% over the next two to three years, diversifying revenue streams and reducing reliance on direct retail operations.
What Opportunities Does NOBH Have?
- Expansion of its retail footprint or wholesale network within Florida or adjacent states.
- Increased demand for affordable housing solutions driven by population growth and economic factors.
- Further integration and expansion of its financial and insurance services offerings.
- Product diversification to include more energy-efficient or customizable home options.
What Threats Does NOBH Face?
- Fluctuations in raw material costs and labor availability impacting manufacturing expenses.
- Adverse changes in interest rates affecting mortgage affordability and home demand.
- Intense competition from other manufactured home builders and traditional homebuilders.
- Regulatory changes impacting manufactured housing standards or financing.
What Are NOBH's Competitive Advantages?
- Integrated Business Model: Combines manufacturing, retail sales, financing, and insurance services, creating a comprehensive offering that can simplify the home-buying process for customers.
- Established Brand Recognition: Operates under several recognized trade names like Kingswood and Tropic Isle, which can foster customer trust and preference in its specific regional market.
- Regional Market Focus: Deep understanding and established network within the Florida market, including 10 retail centers as of 2021, providing localized expertise and distribution advantages.
- Operational Efficiency: Demonstrated by a robust Gross Margin of 31.4% and Profit Margin of 15.9%, suggesting effective cost management in its manufacturing and sales processes and strong pricing power.
What Does NOBH Do?
Nobility Homes, Inc., established in 1967 and headquartered in Ocala, Florida, has built a long-standing presence in the residential construction sector, specializing in the design, manufacturing, and sale of manufactured and modular homes. The company primarily operates within Florida, catering to a diverse clientele seeking affordable and customizable housing solutions. Over its decades of operation, Nobility Homes has developed a robust portfolio of proprietary trade names, including Kingswood, Richwood, Tropic Isle, Regency Manor, and Tropic Manor, each representing distinct product lines designed to meet varying customer preferences and market segments. The company's distribution strategy is multifaceted, ensuring broad market reach across Florida. Nobility Homes sells its manufactured homes directly to consumers through a network of its own retail sales centers. As of November 6, 2021, it operated 10 such centers strategically located in key Florida cities, including Ocala, Chiefland, Auburndale, Inverness, Hudson, Tavares, Yulee, Panama City, and Punta Gorda. This direct-to-consumer approach allows the company to maintain control over the sales process and customer experience. Complementing its retail operations, Nobility Homes also engages in wholesale distribution, supplying its homes to independent manufactured home retail dealers and various manufactured home communities throughout the state. This dual-channel approach expands its market footprint without solely relying on its owned infrastructure. Beyond its core manufacturing and sales activities, Nobility Homes, Inc. has strategically integrated ancillary services to enhance its value proposition and diversify revenue streams. The company offers retail insurance services, which involve placing various types of coverage, such as property and casualty, automobile, and extended home warranty, with insurance underwriters on behalf of its customers. These services are typically offered in conjunction with the purchase and financing of manufactured homes, providing a convenient, one-stop solution for buyers. Furthermore, Nobility Homes operates as a licensed mortgage loan originator, assisting customers with securing the necessary financing for their home purchases. This integrated business model, combining manufacturing, sales, insurance, and financing, positions Nobility Homes as a comprehensive provider in the Florida manufactured housing market, aiming to simplify the home-buying journey for its customers.
What Products and Services Does NOBH Offer?
- Designs and manufactures a range of manufactured and modular homes for the Florida market.
- Sells homes under proprietary trade names including Kingswood, Richwood, Tropic Isle, Regency Manor, and Tropic Manor.
- Operates a network of its own 10 retail sales centers across Florida for direct customer sales.
- Distributes homes on a wholesale basis to independent manufactured home retail dealers.
- Supplies homes to manufactured home communities through its established wholesale channel.
- Provides retail insurance services, including property and casualty, automobile, and extended home warranty coverage.
- Functions as a licensed mortgage loan originator, assisting customers with securing home financing.
- Maintains its headquarters and primary operational focus in Ocala, Florida, since its incorporation in 1967.
How Does NOBH Make Money?
- Manufacturing and Direct Sales: Generates revenue by designing, manufacturing, and selling manufactured and modular homes directly to consumers through its 10 retail sales centers in Florida.
- Wholesale Distribution: Earns revenue by selling its manufactured homes on a wholesale basis to independent retail dealers and manufactured home communities.
- Integrated Financial Services: Captures additional revenue through ancillary services, acting as a licensed mortgage loan originator and providing retail insurance services (property/casualty, auto, extended home warranty) to home buyers.
What Industry Does NOBH Operate In?
Nobility Homes, Inc. operates within the Consumer Cyclical sector, specifically positioned in the Residential Construction industry, focusing on manufactured and modular homes in Florida. This segment of the housing market is often characterized by its emphasis on affordability and efficiency, catering to a demographic seeking cost-effective homeownership solutions. The broader residential construction industry is inherently cyclical, influenced by factors such as interest rates, consumer confidence, employment levels, and population growth. In Florida, the industry benefits from consistent population influx, including retirees and individuals relocating for economic opportunities, which sustains demand for housing across various price points. Within this landscape, Nobility Homes differentiates itself through an integrated business model that encompasses manufacturing, direct retail sales via its own centers, wholesale distribution, and ancillary financial services like insurance and mortgage origination. This approach allows the company to control more aspects of the value chain and offer a comprehensive solution to its customers. The competitive landscape in Florida's manufactured housing market includes other regional and national manufacturers, as well as traditional site-built home developers. Nobility Homes' long operational history since 1967 and its established network of retail centers provide a competitive advantage, fostering brand recognition and localized market expertise. The company's strong gross and profit margins suggest efficient operations relative to industry peers, enabling it to maintain a stable position in a competitive market.
Who Are NOBH's Key Customers?
- Individual homebuyers seeking manufactured and modular homes in Florida.
- Independent manufactured home retail dealers purchasing homes for resale.
- Operators and developers of manufactured home communities.
- Customers requiring property and casualty, automobile, or extended home warranty insurance.
- Individuals seeking mortgage financing for manufactured home purchases in connection with their home purchase.
ROE 13%Key Financial Metrics
Return on equity for Nobility Homes, Inc. stands at 12.8%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 11.9%, showing how much profit it generates from its asset base. NOBH trades at a trailing price-to-earnings ratio of 13.09, below the Consumer Cyclical sector average of ~39x. Its free cash flow yield is 5.8%, a gauge of the cash the business throws off relative to its market value. A current ratio of 7.07 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 7.6%, the inverse of the P/E and a quick read on earnings relative to price.
Nobility Homes, Inc. (NOBH) Valuation Context
Valued at $97.45M, NOBH is classified as a micro-cap stock. Relative to its peer group, NOBH's quantitative score of 51/100 is roughly in line with the peer average of 53/100.
Company Profile
Nobility Homes, Inc. operates in the Residential Construction industry within the Consumer Cyclical sector. It is headquartered in Ocala, US. The company is led by CEO Terry E. Trexler. NOBH has traded publicly since 1980.
F-Score 5/9Financial Health
Nobility Homes, Inc.'s Piotroski F-Score is 5/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 11.97 places it in the safe zone, indicating low near-term bankruptcy risk.
NOBH Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in the company's future, indicating that leadership sees value in current operations.
- Community sentiment has shifted positively, with discussions highlighting potential growth in the manufactured housing sector.
- Positive media coverage has emerged, showcasing Nobility Homes' commitment to sustainability and innovative designs, resonating well with environmentally conscious consumers.
- The overall demand for affordable housing solutions has been increasing, positioning Nobility Homes favorably in a growing market.
Bear Case
- Concerns over rising material costs have been prevalent, which could squeeze profit margins and impact overall financial performance.
- Social sentiment includes skepticism about the company's ability to scale production effectively amid supply chain challenges.
- Some community discussions reflect doubts about market competition, especially from larger manufacturers with more resources.
- Recent quarterly reports have shown mixed results, leading to questions about the company’s long-term growth trajectory.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
NOBH Latest News
No recent news available for NOBH.
NOBH Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for NOBH.
Price Targets
Wall Street price target analysis for NOBH.
NOBH MoonshotScore
What does this score mean?
The MoonshotScore rates NOBH's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Terry E. Trexler
CEO
Terry E. Trexler serves as the Chief Executive Officer of Nobility Homes, Inc., overseeing all operational and strategic aspects of the company. In this leadership role, Mr. Trexler is responsible for managing the company's 144 employees, guiding its core business of designing, manufacturing, and selling manufactured and modular homes across Florida. His responsibilities encompass the oversight of the company's retail sales centers, wholesale distribution channels, and integrated financial services, including retail insurance and mortgage loan origination. Specific details regarding his prior career history, educational background, or tenure before assuming the CEO position are not publicly available in the provided information.
Track Record: Under Mr. Trexler's leadership, Nobility Homes, Inc. has maintained its focus on the Florida manufactured and modular home market, operating 10 retail sales centers as of November 2021. The company has demonstrated consistent profitability, evidenced by a 15.9% profit margin and 31.4% gross margin. His tenure has seen the continuation of an integrated business model, offering both home sales and complementary financial services, contributing to the company's stable market position and a 5.17% dividend yield.
NOBH OTC Market Information
Nobility Homes, Inc. trades on the OTC Other tier, which is the lowest of the three primary OTC market tiers. Unlike companies listed on OTCQX or OTCQB, which require specific financial reporting standards and minimum share price, OTC Other companies have no minimum financial standards and are not required to report to the SEC. This tier typically includes companies that are not willing or able to meet the disclosure requirements of higher tiers, or those that are in financial distress. Investors often face greater risks due to the lack of transparent information and regulatory oversight compared to major exchanges like NYSE or NASDAQ.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited transparency due to unknown disclosure status and lack of SEC reporting requirements.
- Lower liquidity and wider bid-ask spreads, making it difficult to buy or sell shares efficiently.
- Increased susceptibility to market manipulation due to less regulatory oversight.
- Difficulty in obtaining reliable financial information and analyst coverage.
- Potential for significant price volatility due to low trading volume and limited market depth.
- Verify the latest available financial statements and annual reports directly from the company or reputable third-party sources.
- Research any news or press releases issued by the company, even if not formally filed with the SEC.
- Assess the company's management team and their track record, looking for any red flags or governance concerns.
- Understand the competitive landscape and market position within its specific geographic focus (Florida).
- Evaluate the company's business model, revenue streams, and long-term sustainability in the manufactured housing sector.
- Examine any potential litigation or regulatory actions against the company that could impact its operations.
- Consider the overall health and outlook of the residential construction sector in Florida.
- The company has been incorporated since 1967, indicating a long operational history.
- It operates 10 physical retail sales centers as of November 2021, suggesting tangible assets and operations.
- Offers a dividend yield of 5.17%, which can be a sign of financial stability and shareholder return focus.
- Maintains strong profit (15.9%) and gross (31.4%) margins, reflecting sound financial management.
- Has a known CEO, Terry E. Trexler, overseeing 144 employees, indicating an active management structure.
What Investors Ask About Nobility Homes, Inc. (NOBH) — Consumer Cyclical
What does Nobility Homes, Inc. do?
Nobility Homes, Inc. is a Florida-based company specializing in the design, manufacturing, and sale of manufactured and modular homes. The company markets its homes under several established trade names, including Kingswood, Richwood, and Tropic Isle. Its distribution strategy involves both direct sales through a network of 10 company-owned retail sales centers, as of November 2021, and wholesale distribution to independent manufactured home dealers and communities. Additionally, Nobility Homes diversifies its revenue by offering retail insurance services, such as property and casualty coverage, and operates as a licensed mortgage loan originator, providing an integrated solution for its home buyers.
How does Nobility Homes, Inc. manage supply chain and input cost risks?
While specific details on Nobility Homes, Inc.'s supply chain management strategies are not explicitly provided, companies in the residential construction industry typically manage input cost risks through various methods. These can include establishing long-term contracts with suppliers to lock in material prices, diversifying supplier bases to reduce reliance on a single source, and implementing efficient inventory management systems to minimize waste. Given its strong gross margin of 31.4%, Nobility Homes likely employs effective procurement and operational strategies to mitigate the impact of fluctuating raw material costs, such as lumber, steel, and other building components, which are common challenges in the sector.
What are Nobility Homes, Inc.'s strongest brands and market positions?
Nobility Homes, Inc. markets its manufactured and modular homes under several trade names, including Kingswood, Richwood, Tropic Isle, Regency Manor, and Tropic Manor. These brands collectively represent the company's offerings in the Florida residential construction market. While specific market share data for each brand is not provided, the company's long operational history since 1967 and its network of 10 retail sales centers as of November 2021 suggest an established presence and brand recognition within its regional focus. Its integrated model, combining manufacturing, sales, and financial services, likely strengthens its competitive position by offering a comprehensive solution to customers.
What are the main risks for NOBH?
Nobility Homes, Inc. faces several key risks, primarily stemming from its concentrated geographic focus in Florida, making it susceptible to regional economic downturns or natural disasters. The company operates within the consumer cyclical residential construction industry, which is inherently sensitive to interest rate fluctuations, consumer confidence, and housing market cycles. Furthermore, as an OTC Other listed stock with an 'Unknown' disclosure status, investors face risks related to limited transparency, lower liquidity, and potential for wider bid-ask spreads. Operational risks include managing fluctuating raw material costs and intense competition from other homebuilders in its market.
What are the key factors to evaluate for NOBH?
Nobility Homes, Inc. (NOBH) holds an AI score of 51/100 (moderate). Not financial advice.
How frequently does NOBH data refresh on this page?
NOBH prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven NOBH's recent stock price performance?
Nobility Homes, Inc. (NOBH) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Integrated business model encompassing manufacturing, retail, insurance, and mortgage origination. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider NOBH overvalued or undervalued right now?
Valuing Nobility Homes, Inc. (NOBH) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- No specific FMP PEER TICKERS were provided in the source data for competitors.
- Details regarding CEO's full background and tenure prior to current role were not provided.
- Specific analyst ratings or price targets were not provided in the source data, hence no analyst consensus FAQ.