Nobility Homes, Inc. (NOBH) Research

Nobility Homes, Inc. is a Florida-based company primarily engaged in the design, construction, and sale of manufactured and modular housing units. These homes are distributed under several well-known brand names, including Kingswood, Richwood, Tropic Isle, Regency Manor, and Tropic Manor. The company utilizes a dual distribution strategy, selling its manufactured homes directly to consumers through its proprietary network of retail sales centers, while also supplying them wholesale to independent manufactured home dealers and residential communities. Beyond home sales, Nobility Homes also provides comprehensive retail insurance services to its clientele. This involves brokering various insurance products—such as property and casualty, automobile, and extended home warranty coverage—with underwriters, specifically assisting customers with the purchase and financing of their manufactured homes. Additionally, the company is authorized to originate mortgage loans. As of November 6, 2021, its retail footprint included ten sales centers strategically located across various Florida cities, namely Ocala, Chiefland, Auburndale, Inverness, Hudson, Tavares, Yulee, Panama City, and Punta Gorda. Established in 1967, the firm maintains its corporate headquarters in Ocala, Florida.

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