Q2 Earnings Forecast for CVCO Issued By Craig Hallum

Key Points

• Craig Hallum expects Cavco Industries to earn $5.21 per share in Q2 2027, while the consensus full-year earnings estimate stands at $22.66 per share.
• Cavco’s latest quarterly results fell short on earnings, reporting $5.43 EPS versus the $5.69 consensus, although revenue of $609.96 million exceeded estimates of $590.54 million.
• Analyst sentiment remains favorable, with a “Moderate Buy” consensus rating and an average price target of $690; institutional investors own 95.56% of the company’s shares.

Cavco Industries, Inc. (NASDAQ:CVCO - Free Report) - Investment analysts at Craig Hallum issued their Q2 2027 earnings per share estimates for Cavco Industries in a research report issued on Monday, October 26th. Craig Hallum analyst G. Palm expects that the construction company will post earnings of $5.21 per share for the quarter. The consensus estimate for Cavco Industries' current full-year earnings is $22.66 per share.

Cavco Industries (NASDAQ:CVCO - Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The construction company reported $5.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.69 by ($0.26). The company had revenue of $609.96 million for the quarter, compared to the consensus estimate of $590.54 million. Cavco Industries had a net margin of 7.89% and a return on equity of 16.51%.

A number of other brokerages have also weighed in on CVCO. Zelman & Associates lowered shares of Cavco Industries from an "outperform" rating to a "neutral" rating in a research report on Thursday, August 6th. Oppenheimer assumed coverage on shares of Cavco Industries in a research note on Wednesday, September 30th. They set an "outperform" rating and a $720.00 target price on the stock. Weiss Ratings upgraded shares of Cavco Industries from a "hold (c)" rating to a "hold (c+)" rating in a report on Tuesday, September 29th. Zacks Research upgraded Cavco Industries from a "strong sell" rating to a "hold" rating in a research note on Tuesday, September 29th. Finally, Northland Securities assumed coverage on Cavco Industries in a research note on Wednesday. They issued an "outperform" rating and a $650.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $690.00.

Cavco Industries Price Performance

CVCO stock opened at $532.57 on Thursday. The company has a 50 day simple moving average of $549.30 and a 200 day simple moving average of $552.99. The stock has a market cap of $4.10 billion, a price-to-earnings ratio of 23.18 and a beta of 1.27. Cavco Industries has a 1 year low of $443.33 and a 1 year high of $713.01.

Institutional Investors Weigh In On Cavco Industries

A number of institutional investors have recently added to or reduced their stakes in CVCO. Choreo LLC increased its position in Cavco Industries by 6.1% during the 3rd quarter. Choreo LLC now owns 383 shares of the construction company's stock valued at $215,000 after purchasing an additional 22 shares during the period. Signaturefd LLC raised its holdings in Cavco Industries by 96.3% during the 3rd quarter. Signaturefd LLC now owns 53 shares of the construction company's stock worth $30,000 after purchasing an additional 26 shares during the last quarter. GAMMA Investing LLC raised its holdings in Cavco Industries by 8.6% during the 2nd quarter. GAMMA Investing LLC now owns 415 shares of the construction company's stock worth $255,000 after purchasing an additional 33 shares during the last quarter. Parkside Financial Bank & Trust raised its holdings in Cavco Industries by 26.8% during the 2nd quarter. Parkside Financial Bank & Trust now owns 156 shares of the construction company's stock worth $96,000 after purchasing an additional 33 shares during the last quarter. Finally, Versant Capital Management Inc lifted its position in shares of Cavco Industries by 82.9% in the 3rd quarter. Versant Capital Management Inc now owns 75 shares of the construction company's stock worth $42,000 after purchasing an additional 34 shares during the period. 95.56% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, CAO Paul Bigbee sold 342 shares of Cavco Industries stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $592.00, for a total transaction of $202,464.00. Following the sale, the chief accounting officer directly owned 736 shares in the company, valued at $435,712. This trade represents a 31.73% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.70% of the stock is currently owned by corporate insiders.

Cavco Industries Company Profile

Cavco Industries, Inc is a manufacturer of factory-built housing and related products. The company designs and produces manufactured homes, modular homes, park model recreational vehicles, and commercial structures for residential, hospitality, and other applications. Its homes are sold through independent retailers, company-owned retail locations, and a network of housing dealers.

Cavco markets its products under several brands, including Cavco, Fleetwood Homes, Palm Harbor Homes, Nationwide Homes, Solitaire Homes, and CountryPlace.

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