- CEO
- Terry E. Trexler
- Full Time Employees
- 144
- Sector
- Consumer Cyclical
- Industry
- Residential Construction
- Address
- 3741 South West Ocala FL United States of America 34474
- IPO Date
- Mar 18, 1980
- Business
- Nobility Homes, Inc. specializes in the design, manufacture, and sale of manufactured and modular homes primarily in the state of Florida. Its core products include factory-built homes under multiple active model lines such as Kingswood, Richwood, Tropic Isle, and Regency Manor, encompassing a range of affordable housing options. The company also operates several Prestige Home Center retail sales locations across Florida, selling new and pre-owned homes directly to retail customers as well as through independent dealers and parks. Additionally, Nobility Homes provides related services including insurance through its insurance agency subsidiary. The company has a vertically integrated business model, handling manufacturing, retail sales, and insurance services.
Founded in 1967 and headquartered in Ocala, Florida, Nobility Homes focuses on serving the affordable housing market with an emphasis on quality and value. The company maintains a strong presence in Florida’s manufactured housing industry, operating 10 retail sales centers and offering approximately 100 active home models.
Recent major company developments include a decline in sales attributed to higher interest rates impacting consumer purchasing decisions, economic uncertainty, supply chain disruptions, and labor shortages. For the fiscal year 2024, Nobility Homes reported $51.9 million in sales with net income of $8.6 million, reflecting a decrease from the prior year. The company sustained strong liquidity with more than $26 million in cash and investments and zero debt. In 2025, sales challenges persisted with a softer retail home volume and a shift toward lower-margin wholesale sales to independent dealers. Despite this, management declares confidence in the long-term market potential within Florida. The board authorized a share buyback of up to 200,000 shares for fiscal 2026 and declared a one-time cash dividend of $1.25 per share. The company also appointed a new independent auditor in 2025 and continues to navigate material costs inflation, tariffs, and supply constraints affecting home production and delivery.
Nobility Homes remains a key participant in the affordable manufactured housing sector in Florida, leveraging its extensive industry experience, integrated operations, and product variety to serve individual homebuyers and residential dealers.
This description incorporates Nobility Homes' main products, service offerings, geographic market, founding information, and recent significant financial and operational changes through 2025.