Q1 EPS Estimates for Cavco Industries Cut by Wedbush

Cavco Industries, Inc. (NASDAQ:CVCO - Free Report) - Wedbush reduced their Q1 2026 earnings per share (EPS) estimates for Cavco Industries in a research note issued on Tuesday, May 27th. Wedbush analyst J. Mccanless now expects that the construction company will earn $5.81 per share for the quarter, down from their previous estimate of $5.87. Wedbush currently has a "Neutral" rating and a $550.00 target price on the stock. The consensus estimate for Cavco Industries' current full-year earnings is $21.93 per share. Wedbush also issued estimates for Cavco Industries' Q2 2026 earnings at $6.45 EPS, Q3 2026 earnings at $5.71 EPS, FY2026 earnings at $23.82 EPS, Q1 2027 earnings at $6.48 EPS, Q2 2027 earnings at $7.01 EPS, Q3 2027 earnings at $6.21 EPS and FY2027 earnings at $26.05 EPS.

Separately, Wall Street Zen downgraded Cavco Industries from a "buy" rating to a "hold" rating in a research note on Thursday, May 15th.

Cavco Industries Trading Down 0.2%

CVCO stock traded down $0.68 during mid-day trading on Wednesday, hitting $433.70. The stock had a trading volume of 108,153 shares, compared to its average volume of 65,620. The stock has a market capitalization of $3.52 billion, a price-to-earnings ratio of 21.34 and a beta of 1.29. The company has a fifty day moving average of $495.23 and a 200 day moving average of $493.41. Cavco Industries has a 1-year low of $331.08 and a 1-year high of $549.99.

Cavco Industries (NASDAQ:CVCO - Get Free Report) last released its quarterly earnings data on Thursday, May 22nd. The construction company reported $5.40 earnings per share for the quarter, topping the consensus estimate of $5.23 by $0.17. Cavco Industries had a return on equity of 16.17% and a net margin of 8.75%. The business had revenue of $508.36 million during the quarter, compared to analyst estimates of $504.15 million.

Institutional Trading of Cavco Industries

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Barclays PLC boosted its stake in shares of Cavco Industries by 162.0% in the 3rd quarter. Barclays PLC now owns 17,234 shares of the construction company's stock valued at $7,381,000 after purchasing an additional 10,656 shares in the last quarter. Crossmark Global Holdings Inc. grew its stake in shares of Cavco Industries by 28.5% during the fourth quarter. Crossmark Global Holdings Inc. now owns 622 shares of the construction company's stock valued at $277,000 after purchasing an additional 138 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its holdings in shares of Cavco Industries by 12.6% in the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 2,120 shares of the construction company's stock valued at $946,000 after purchasing an additional 237 shares in the last quarter. Kingswood Wealth Advisors LLC acquired a new position in Cavco Industries during the 4th quarter worth $254,000. Finally, Blue Trust Inc. boosted its position in Cavco Industries by 28.9% in the 4th quarter. Blue Trust Inc. now owns 245 shares of the construction company's stock valued at $105,000 after buying an additional 55 shares during the last quarter. Institutional investors own 95.56% of the company's stock.

Insider Activity

In other news, Director David A. Greenblatt sold 4,000 shares of the stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $528.88, for a total value of $2,115,520.00. Following the completion of the transaction, the director now owns 15,286 shares in the company, valued at approximately $8,084,459.68. This represents a 20.74% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.60% of the stock is owned by company insiders.

About Cavco Industries

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.