Cavco Industries, Inc. (CVCO)
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]
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 StatementsAnalyst 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.
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...
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...
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...
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...
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...
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...
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 ...
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...
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
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 ...
Manufactured Home Stocks Jump as Hurricane Idalia Hits
Manufactured home companies also produce temporary housing for people in need, including after natural disasters.
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...
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....
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...
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...
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.
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...
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.
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...
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...
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...
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...
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...
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...