Cavco Industries, Inc. (CVCO)

NASDAQ: CVCO · IEX Real-Time Price · USD
358.20
+9.32 (2.67%)
At close: Apr 19, 2024, 4:00 PM
359.00
+0.80 (0.22%)
After-hours: Apr 19, 2024, 5:49 PM EDT
2.67%
Market Cap 2.99B
Revenue (ttm) 1.85B
Net Income (ttm) 171.20M
Shares Out 8.35M
EPS (ttm) 19.72
PE Ratio 18.16
Forward PE 16.73
Dividend n/a
Ex-Dividend Date n/a
Volume 69,037
Open 347.63
Previous Close 348.88
Day's Range 347.63 - 360.74
52-Week Range 233.84 - 400.99
Beta 1.15
Analysts Strong Buy
Price Target 359.00 (+0.22%)
Earnings Date May 16, 2024

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 also produces park model RVs; vacation cabins; and factory-built commercial structures, including apartment buildings, condominiums, hotels,... [Read more]

Founded 1965
Employees 7,000
Stock Exchange NASDAQ
Ticker Symbol CVCO
Full Company Profile

Financial Performance

In 2023, CVCO's revenue was $2.14 billion, an increase of 31.68% compared to the previous year's $1.63 billion. Earnings were $240.55 million, an increase of 21.68%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for CVCO stock is "Strong Buy." The 12-month stock price forecast is $359.0, which is an increase of 0.22% from the latest price.

Price Target
$359.0
(0.22% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

6 weeks 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...

6 weeks 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...

7 weeks 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...

7 weeks 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...

2 months ago - GlobeNewsWire

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...

2 months 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: DHIMDCNVRPHMXHB
3 months ago - Yahoo Finance

Webcast Alert: Cavco Industries, Inc. Announces Fiscal 2024 Third Quarter Earnings Release and Conference Call Webcast

PHOENIX, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) will release earnings for the third quarter ended December 30, 2023 on Thursday, February 1, 2024 after the close of ma...

3 months ago - GlobeNewsWire

Cavco Releases First HUD-Approved Manufactured Duplex Homes

New Anthem Duplex Doubles Down on Innovation, Affordability and Investment Returns New Anthem Duplex Doubles Down on Innovation, Affordability and Investment Returns

4 months ago - GlobeNewsWire

Webcast Alert: Cavco Industries, Inc. Announces Fiscal 2024 Second Quarter Earnings Release and Conference Call Webcast

PHOENIX, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) will release earnings for the second quarter ended September 30, 2023 on Thursday, November 2, 2023 after the close of ...

6 months ago - GlobeNewsWire

Manufactured Home Stocks Jump as Hurricane Idalia Hits

Manufactured home companies also produce temporary housing for people in need, including after natural disasters.

Other symbols: CLHGNRCSKY
8 months ago - Barrons

Webcast Alert: Cavco Industries, Inc. Announces Fiscal 2024 First Quarter Earnings Release and Conference Call Webcast

PHOENIX, July 27, 2023 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) will release earnings for the first quarter ended July 1, 2023 on Thursday, August 3, 2023 after the close of market. S...

9 months ago - GlobeNewsWire

The Perfect 10 Portfolio Is Ready to Roll

The phrase “Perfect 10” doesn't just apply to bathing beauties. It's the name of one of my favorite hypothetical stock portfolios.

10 months ago - GuruFocus

5 Undervalued Predictable Consumer Cyclical Stocks to Consider

Despite the continued uncertainty regarding inflation, interest rates, supply chains and a potential recession, consumer cyclical stocks appear to be performing well as the sector has gained around 3....

Other symbols: CSVNVRPAGTMHC
10 months ago - GuruFocus

Nationwide Homes in Martinsville, Virginia, Provides Showcase Duplex for MHI's “Homes on the Hill” Advocacy Event in Washington, D.C.

Facility produces, transports and stages manufactured home on the National Mall to showcase its affordable housing solution and champion the dream of homeownership Facility produces, transports and st...

11 months ago - GlobeNewsWire

ROSEN, NATIONALLY REGARDED INVESTOR COUNSEL, Encourages Cavco Industries, Inc. Investors to Inquire About Securities Class Action Investigation - CVCO

NEW YORK , May 22, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of Cavco Industries...

11 months ago - PRNewsWire

Cavco industries Reports Fiscal 2023 Fourth Quarter and Year End Results

PHOENIX, May 18, 2023 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) today announced financial results for the fourth quarter and fiscal year ended April 1, 2023.

1 year ago - GlobeNewsWire

Cavco Industries Releases Its Inaugural Environmental, Social and Governance Report

PHOENIX, Ariz., March 28, 2023 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) (“Cavco” or the “Company”) today announced the release of its inaugural Environmental, Social and Governance (E...

1 year ago - GlobeNewsWire

5 Homebuilders Gurus Are Constructing Positions In

U.S. market indexes traded higher on Tuesday morning after Treasury Secretary Janet Yellen assured investors the banking crisis will be contained.

Other symbols: DHIKBHLENNVR
1 year ago - GuruFocus

CVCO SHAREHOLDER ALERT: ROSEN, LEADING TRIAL ATTORNEYS, Encourages Cavco Industries, Inc. Investors to Inquire About Securities Class Action Investigation – CVCO

NEW YORK--(BUSINESS WIRE)---- $CVCO #CVCO--WHY: Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of Cavco Industr...

1 year ago - Business Wire

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Cavco Industries, Inc. Investors to Inquire About Securities Class Action Investigation - CVCO

NEW YORK , Feb. 23, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of Cavco Industrie...

1 year ago - PRNewsWire

TOP RANKED ROSEN LAW FIRM Encourages Cavco Industries, Inc. Investors to Inquire About Securities Class Action Investigation - CVCO

NEW YORK , Feb. 18, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of Cavco Industrie...

1 year ago - PRNewsWire

Cavco Industries Reports Fiscal 2023 Third Quarter Results and Provides Business Updates

PHOENIX, Feb. 02, 2023 (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

ROSEN, Global Investor Counsel, Encourages Cavco Industries, Inc. Investors to Inquire About Securities Class Action Investigation - CVCO

New York, New York--(Newsfile Corp. - January 27, 2023) - WHY: Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders o...

1 year ago - Newsfile Corp

Webcast Alert: Cavco Industries, Inc. Announces Fiscal 2023 Third Quarter Earnings Release and Conference Call Webcast

PHOENIX, Jan. 25, 2023 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) will release earnings for the third quarter ended December 31, 2022 on Thursday, February 2, 2023 after the close of ma...

1 year ago - GlobeNewsWire