Cavco Industries, Inc. (CVCO)

NASDAQ: CVCO · IEX Real-Time Price · USD
303.75
-3.76 (-1.22%)
At close: Dec 7, 2023, 4:00 PM
300.68
-3.07 (-1.01%)
After-hours: Dec 7, 2023, 7:06 PM EST
-1.22%
Market Cap 2.52B
Revenue (ttm) 1.90B
Net Income (ttm) 194.73M
Shares Out 8.33M
EPS (ttm) 22.11
PE Ratio 13.74
Forward PE 13.51
Dividend n/a
Ex-Dividend Date n/a
Volume 71,811
Open 306.76
Previous Close 307.51
Day's Range 300.86 - 306.98
52-Week Range 219.92 - 318.00
Beta 1.21
Analysts Strong Buy
Price Target 359.00 (+18.19%)
Earnings Date Feb 1, 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 18.19% from the latest price.

Price Target
$359.0
(18.19% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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 ...

5 weeks 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
3 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...

4 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.

5 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
6 months ago - GuruFocus

Cavco's Ratings Upside, Cheaper Homes Alternative?

Cavco Industries NASDAQ: CVCO investors have seen their holdings trend in a wide channel, from $270 up to roughly $310, virtually since the beginning of 2023. This could be a sign of imminent decision...

Other symbols: DHILEN
6 months ago - MarketBeat

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...

6 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...

7 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.

7 months 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...

9 months 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
9 months 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...

10 months 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...

10 months 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...

10 months 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...

11 months 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...

11 months 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...

11 months ago - GlobeNewsWire

CVCO EQUITY ALERT: ROSEN, A LEADING LAW FIRM, Encourages Cavco Industries, Inc. Investors to Inquire About Securities Class Action Investigation - CVCO

NEW YORK , Jan. 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...

11 months ago - PRNewsWire

Cavco Launches New Affordable Home Digital Marketplace

PHOENIX, Jan. 17, 2023 (GLOBE NEWSWIRE) -- As a national leader in manufactured and modular home construction, Cavco Industries, Inc. (Nasdaq: CVCO) has launched cavcohomes.com, its new consumer-facin...

11 months ago - GlobeNewsWire

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

PHOENIX, Jan. 03, 2023 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) (“Cavco” or the “Company”) is pleased to confirm that, further to the announcement on October 27, 2022, the Company com...

1 year ago - GlobeNewsWire

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

NEW YORK , Dec. 28, 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 Industri...

1 year ago - PRNewsWire

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

NEW YORK , Dec. 13, 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 Industrie...

1 year ago - PRNewsWire

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

New York, New York--(Newsfile Corp. - December 7, 2022) - 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

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

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 Industrie...

1 year ago - PRNewsWire

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 Solitai...

1 year ago - GlobeNewsWire