Cavco Industries, Inc. (CVCO)

NASDAQ: CVCO · IEX Real-Time Price · USD
241.69
+12.06 (5.25%)
Dec 1, 2022 4:00 PM EST - Market closed
5.25%
Market Cap 2.05B
Revenue (ttm) 2.10B
Net Income (ttm) 266.76M
Shares Out 8.90M
EPS (ttm) 29.54
PE Ratio 8.18
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 74,935
Open 230.57
Previous Close 229.63
Day's Range 230.57 - 241.85
52-Week Range 179.47 - 327.24
Beta 1.16
Analysts Buy
Price Target 380.80 (+57.6%)
Earnings Date Nov 4, 2022

About CVCO

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

Industry Household Durables
Founded 1965
CEO William C Boor
Employees 6,300
Stock Exchange NASDAQ
Ticker Symbol CVCO
Full Company Profile

Financial Performance

In 2022, CVCO's revenue was $1.63 billion, an increase of 46.85% compared to the previous year's $1.11 billion. Earnings were $197.70 million, an increase of 157.94%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for CVCO stock is "Buy." The 12-month stock price forecast is 380.8, which is an increase of 57.56% from the latest price.

Price Target
$380.8
(57.56% upside)
Analyst Consensus: Buy
Stock Forecasts

News

ROSEN, LEADING INVESTOR COUNSEL, Encourages Cavco Industries, Inc. Investors with Losses to Inquire About Securities ...

NEW YORK , Nov. 29, 2022 /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,...

3 days ago - PRNewsWire

Best Value Stocks to Buy for November 11th

PRDO, CVCO and MRCC made it to the Zacks Rank #1 (Strong Buy) value stocks list on November 11, 2022.

Other symbols: MRCCPRDO
2 weeks ago - Zacks Investment Research

New Strong Buy Stocks for November 11th

H, CVCO, PRDO, IBA and FIX have been added to the Zacks Rank #1 (Strong Buy) List on November 11, 2022.

Other symbols: FIXHIBAPRDO
2 weeks ago - Zacks Investment Research

Cavco (CVCO) Tops Q2 Earnings and Revenue Estimates

Cavco (CVCO) delivered earnings and revenue surprises of 70.81% and 4.92%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

4 weeks ago - Zacks Investment Research

Cavco Industries Announces Planned Acquisition of Manufactured Home Builder and Retailer, Solitaire Homes

PHOENIX, Ariz., Oct. 27, 2022 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) (“Cavco” or the “Company”) announced today that it has signed a binding offer to acquire the business of Solitaire...

1 month ago - GlobeNewsWire

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

PHOENIX, Oct. 27, 2022 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) will release earnings for the second quarter ended October 1, 2022 on Thursday, November 3, 2022 after the close of marke...

1 month ago - GlobeNewsWire

Cavco Industries Opens New Manufacturing Facility in the Tarheel State: Cavco Homes of North Carolina

The 184,000-square-foot facility in Hamlet, North Carolina expands the company's affordable home production capabilities The 184,000-square-foot facility in Hamlet, North Carolina expands the company's ...

1 month ago - GlobeNewsWire

Cavco Industries Reports Acceptance of Settlement in SEC Action

PHOENIX, Sept. 23, 2022 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) today announced that the United States District Court for the District of Arizona approved the settlement of the Securit...

2 months ago - GlobeNewsWire

Snap Up These 4 Top-Ranked Liquid Stocks for Impressive Gains

Here are four top-ranked liquid stocks, Cadence (CDNS), Cavco (CVCO), Lattice Semiconductor (LSCC) and Pure Storage (PSTG), which investors can add to their portfolio for returns.

Other symbols: CDNSLSCCPSTG
2 months ago - Zacks Investment Research

4 Top-Performing Liquid Stocks for Attractive Returns in 2022

Here are four top-ranked liquid stocks, Lantheus (LNTH), Cavco (CVCO), Pure Storage (PSTG) and Perion Network (PERI), which investors can add to their portfolio for returns.

Other symbols: LNTHPERIPSTG
2 months ago - Zacks Investment Research

Are the Glory Days for the RV Industry Coming to an End?

RV shipments for 2022 are envisioned in the band of 487,300-510,300 units, down from the prior guidance of 537,800-561,900 units and implying around 17% year-over-year decline at the midpoint of the gui...

Other symbols: PATK
2 months ago - Zacks Investment Research

Down 12.3% in 4 Weeks, Here's Why Cavco (CVCO) Looks Ripe for a Turnaround

Cavco (CVCO) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could...

2 months ago - Zacks Investment Research

Do Manufactured Homes Stand To Benefit As The Housing Market Weathers A Recession?

Low priced, efficient modular and manufactured homes are attracting retirees and millennials as the housing market faces challenges. The post Do Manufactured Homes Stand To Benefit As The Housing Market...

Other symbols: LCIISKY
2 months ago - Investors Business Daily

Snap Up These 4 Top-Ranked Liquid Stocks for Solid Gains

Here are four top-ranked liquid stocks, Cadence Design Systems (CDNS), Lantheus (LNTH), Cavco (CVCO) and Perion Network (PERI), which investors can add to their portfolio for returns.

Other symbols: CDNSLNTHPERI
3 months ago - Zacks Investment Research

Cavco (CVCO) Q1 Earnings and Revenues Top Estimates

Cavco (CVCO) delivered earnings and revenue surprises of 67.85% and 46.35%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Cavco Industries Reports Fiscal 2023 First Quarter Results

PHOENIX, Aug. 04, 2022 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) today announced financial results for the first fiscal quarter ended July 2, 2022 and provided updates on other business ...

3 months ago - GlobeNewsWire

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

PHOENIX, July 28, 2022 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) will release earnings for the first quarter ended July 2, 2022 on Thursday, August 4, 2022 after the close of market. Sen...

4 months ago - GlobeNewsWire

ROSEN, A LEADING LAW FIRM, Encourages Cavco Industries, Inc. Investors with Losses to Inquire About Securities Class ...

NEW YORK , July 22, 2022 /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,...

4 months ago - PRNewsWire

ROSEN, Globally Recognized Investor Counsel, Encourages Cavco Industries, Inc. Investors with Losses to Inquire About...

New York, New York--(Newsfile Corp. - July 20, 2022) - WHY: Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of Cav...

4 months ago - Newsfile Corp

CAVCO ALERT: Bragar Eagel & Squire, P.C. is Investigating Cavco Industries, Inc. on Behalf of Cavco Stockholders and ...

NEW YORK--(BUSINESS WIRE)-- #Action--Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Cavco Industries, Inc. (“Cavco” or the “C...

4 months ago - Business Wire

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Cavco Industries, Inc. - CVCO

NEW YORK , July 18, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Cavco Industries, Inc. ("Cavco" or the "Company") (NASDAQ: CVCO). Such investors are advised to c...

4 months ago - PRNewsWire

ROSEN, A TOP RANKED FIRM, Encourages Cavco Industries, Inc. Investors With Losses to Inquire About Securities Class A...

New York, New York--(Newsfile Corp. - July 15, 2022) - WHY: Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of Cav...

4 months ago - Newsfile Corp

ONGOING INVESTIGATION ALERT: The Schall Law Firm Encourages Investors in Cavco Industries, Inc. with Losses to Contac...

Los Angeles, California--(Newsfile Corp. - July 15, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Cavco ...

4 months ago - Newsfile Corp

ROSEN, RESPECTED INVESTOR COUNSEL, Encourages Cavco Industries, Inc. Investors to Inquire About Securities Class Acti...

NEW YORK , July 14, 2022 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Cavco Industries, Inc. ...

4 months ago - PRNewsWire

CVCO EQUITY ALERT: Rosen Law Firm Encourages Cavco Industries, Inc. Investors to Inquire About Securities Class Actio...

NEW YORK--(BUSINESS WIRE)-- #Capital--WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Cavco Industries, Inc...

4 months ago - Business Wire