Cavco Industries, Inc. (CVCO)

NASDAQ: CVCO · Real-Time Price · USD
520.73
-9.45 (-1.78%)
Feb 21, 2025, 4:00 PM EST - Market closed
-1.78%
Market Cap 4.17B
Revenue (ttm) 1.93B
Net Income (ttm) 168.64M
Shares Out 8.01M
EPS (ttm) 20.25
PE Ratio 25.72
Forward PE 20.48
Dividend n/a
Ex-Dividend Date n/a
Volume 36,191
Open 536.28
Previous Close 530.18
Day's Range 516.72 - 536.28
52-Week Range 331.08 - 544.08
Beta 1.35
Analysts Buy
Price Target 487.50 (-6.38%)
Earnings Date Jan 30, 2025

About CVCO

Cavco Industries, Inc. designs, produces, and retails factory-built homes primarily in the United States. It operates in two segments, Factory-Built Housing and Financial Services. The company markets its factory-built homes under the Cavco, Fleetwood, Palm Harbor, Nationwide, Fairmont, Friendship, Chariot Eagle, Destiny, Commodore, Colony, Pennwest, R-Anell, Manorwood, MidCountry, and Solitaire brands. It produces park model RVs; vacation cabins; and factory-built commercial structures, including apartment buildings, condominiums, hotels, work... [Read more]

Founded 1965
Employees 6,500
Stock Exchange NASDAQ
Ticker Symbol CVCO
Full Company Profile

Financial Performance

In 2023, Cavco Industries's revenue was $1.79 billion, a decrease of -16.24% compared to the previous year's $2.14 billion. Earnings were $157.82 million, a decrease of -34.39%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for CVCO stock is "Buy." The 12-month stock price forecast is $487.5, which is a decrease of -6.38% from the latest price.

Price Target
$487.5
(-6.38% downside)
Analyst Consensus: Buy
Stock Forecasts

News

After Cavco Industries' Earnings Pop, I'm Waiting For A Better Entry

Cavco Industries, Inc. excels in factory-built homes, with strong stock performance and a robust balance sheet, but faces valuation concerns. The company's growth is driven by rising demand for afford...

18 days ago - Seeking Alpha

Cavco Industries, Inc. (CVCO) Q3 2025 Earnings Call Transcript

Cavco Industries, Inc. (CVCO) Q3 2025 Earnings Call Transcript

21 days ago - Seeking Alpha

Cavco Industries Reports Fiscal 2025 Third Quarter Results

PHOENIX, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) ("we," "our," the "Company" or "Cavco") today announced financial results for the third fiscal quarter ended December 2...

22 days ago - GlobeNewsWire

Cavco Industries, Inc. (CVCO) Q2 2025 Earnings Call Transcript

Cavco Industries, Inc. (NASDAQ:CVCO) Q3 2024 Earnings Call Transcript November 1, 2024 1:00 PM ET Company Participants Mark Fusler - Corporate Controller and IR Bill Boor - President and CEO Allison ...

4 months ago - Seeking Alpha

Cavco Industries Reports Fiscal 2025 Second Quarter Results and Announces New $100 Million Stock Repurchase Program

PHOENIX, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) ("we," "our," the "Company" or "Cavco") today announced financial results for the second fiscal quarter ended September...

4 months ago - GlobeNewsWire

Cavco Industries Releases 2024 Enviornmental, Social and Governance

Cavco Industries unveils its 2024 Environmental, Social and Governance Report, emphasizing its dedication to affordable housing solutions, environmental sustainability and transparent governance pract...

4 months ago - GlobeNewsWire

Cavco's Future Looks Bright as Affordable Housing Demand Soars

After dropping to their lowest level in two years following the Federal Reserve's September rate cut announcement, 30-year fixed-rate mortgages have climbed higher once again. Nonetheless, the environ...

4 months ago - Benzinga

Cavco Industries Isn't AI

AI is widely assumed to be big, but AH (Affordable Housing) is a more critical need and is becoming a vital growth investment theme in its own right. That's why shares of Cavco, in particular, and hom...

5 months ago - Seeking Alpha

HUD's Latest Code Changes Signal a New Era for Multi-Unit Affordable Housing

New HUD Codes approve multi-dwelling unit manufactured homes for nationwide construction New HUD Codes approve multi-dwelling unit manufactured homes for nationwide construction

5 months ago - GlobeNewsWire

Which housing stock—Builders FirstSource or Cavco—is a better buy before Fed rate cut?

Investors are gearing up for significant opportunities in the housing sector with expectations that the US Federal Reserve will announce its first rate cut in September.  Jay McCanless, an analyst at ...

Other symbols: BLDR
6 months ago - Invezz

Housing stocks to watch as mortgage rates fall

Jay McCanless, Wedbush Securities senior VP of equity research joins CNBC to discuss why he's watching Builders FirstSource and other home building stocks, housing market outlooks, and more.

Other symbols: BLDRTOL
6 months ago - CNBC Television

Cavco Industries, Inc. (CVCO) Q1 2025 Earnings Call Transcript

Cavco Industries, Inc. (NASDAQ:CVCO) Q1 2025 Earnings Conference Call August 2, 2024 1:00 PM ET Company Participants Mark Fusler – Corporate Controller and Investor Relations Bill Boor – President an...

7 months ago - Seeking Alpha

Cavco Industries Reports Fiscal 2025 First Quarter Results

Improving Factory-built housing Results; High Claims in Insurance Operation Improving Factory-built housing Results; High Claims in Insurance Operation

7 months ago - GlobeNewsWire

Cavco Industries Remains A 'Buy' Due To Favorable Residential Market Dynamics And Consumer Behavior

There are many strong short-term tailwinds Cavco benefits from, including the residential market dynamics and consumers trading down. As the affordable alternative to traditional homebuilders, demand ...

7 months ago - Seeking Alpha

Cavco Industries, Inc. (CVCO) Q4 2024 Earnings Call Transcript

Cavco Industries, Inc. (NASDAQ:CVCO) Q4 2024 Earnings Conference Call May 24, 2024 1:00 PM ET Company Participants Mark Fusler - Corporate Controller and Investor Relations Bill Boor - President and ...

9 months ago - Seeking Alpha

Cavco Industries Reports Fiscal 2024 Fourth Quarter and Year End Results

PHOENIX, May 23, 2024 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) today announced financial results for the fourth quarter and fiscal year ended March 30, 2024. Quarterly Highlights Net ...

9 months ago - GlobeNewsWire

Quarterly Update: Analyzing Cavco's Triumph In Affordable Housing

Cavco Industries is a leading producer of manufactured homes in the US, offering affordable alternatives to traditional homebuilders. CVCO stock is not as cheap compared to 7 months ago as it surged 4...

11 months ago - Seeking Alpha

Cavco Industries Receives Training Magazine APEX Award Recognition

PHOENIX, March 08, 2024 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) is proud to announce that it was recognized by the 2024 Training APEX Awards as one of the top 105 training organizati...

1 year ago - GlobeNewsWire

Cavco Industries Announces Ratification of Collective Bargaining Agreement at Emlenton, Pennsylvania Plant

PHOENIX, March 06, 2024 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) ("we," "our," the "Company" or "Cavco") is pleased to announce that we have successfully reached agreement on a revise...

1 year ago - GlobeNewsWire

Collective Bargaining Agreement Covering Employees of Cavco's Emlenton, Pennsylvania Plant Expires

PHOENIX, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) ("we," "our," the "Company" or "Cavco") announces that as of today, the collective bargaining agreement between Pennwes...

1 year ago - GlobeNewsWire

Cavco Announces the First Homes Have Been Purchased by Graduates of Its Homes for Our Own Program

PHOENIX, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) announced today that the first homes have been purchased by two graduates of its unique Homes for Our Own (HFOO) progra...

1 year ago - GlobeNewsWire

Seth Schuknecht Appointed General Counsel, Corporate Secretary and Chief Compliance Officer of Cavco Industries, Inc.

PHOENIX, Feb. 02, 2024 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) ("we," "our," the "Company" or "Cavco") is pleased to announce that effective February 13, 2024, Seth Schuknecht will b...

1 year ago - GlobeNewsWire

Cavco Industries, Inc. (CVCO) Q3 2024 Earnings Call Transcript

Cavco Industries, Inc. (CVCO) Q3 2024 Earnings Call Transcript

1 year ago - Seeking Alpha

Cavco Industries Reports Fiscal 2024 Third Quarter Results and Announces New $100 Million Stock Repurchase Program

PHOENIX, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) ("we," "our," the "Company" or "Cavco") today announced financial results for the third fiscal quarter ended December 3...

1 year ago - GlobeNewsWire

Analyst discusses why he is cautious on homebuilder outlook

What does falling mortgage rates mean for home builder stocks? Jay McCanless, Housing Analyst at Wedbush Securities, joins Yahoo Finance to discuss why he is less bullish on home builders and to shed ...

Other symbols: DHINVRPHMXHB
1 year ago - Yahoo Finance