Cavco Industries, Inc. (NASDAQ:CVCO - Free Report) - Research analysts at Wedbush cut their Q1 2026 earnings estimates for Cavco Industries in a research report issued to clients and investors on Tuesday, May 27th. Wedbush analyst J. Mccanless now anticipates 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.
Cavco Industries (NASDAQ:CVCO - Get Free Report) last announced its quarterly earnings results on Thursday, May 22nd. The construction company reported $5.40 EPS for the quarter, beating the consensus estimate of $5.23 by $0.17. The company had revenue of $508.36 million for the quarter, compared to analyst estimates of $504.15 million. Cavco Industries had a net margin of 8.75% and a return on equity of 16.17%.
Separately, Wall Street Zen lowered Cavco Industries from a "buy" rating to a "hold" rating in a research report on Friday.
Check Out Our Latest Analysis on Cavco Industries
Cavco Industries Price Performance
CVCO stock traded down $0.68 on Wednesday, reaching $433.70. The company's stock had a trading volume of 108,153 shares, compared to its average volume of 65,690. Cavco Industries has a 52 week low of $331.08 and a 52 week high of $549.99. The company has a market capitalization of $3.48 billion, a P/E ratio of 21.34 and a beta of 1.29. The firm has a fifty day moving average of $493.30 and a two-hundred day moving average of $493.56.
Insiders Place Their Bets
In related news, Director David A. Greenblatt sold 4,000 shares of the firm's stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of $528.88, for a total transaction of $2,115,520.00. Following the transaction, the director now owns 15,286 shares in the company, valued at $8,084,459.68. This trade represents a 20.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.60% of the stock is owned by insiders.
Institutional Investors Weigh In On Cavco Industries
A number of institutional investors have recently added to or reduced their stakes in CVCO. Harvest Fund Management Co. Ltd bought a new stake in shares of Cavco Industries in the 4th quarter worth $67,000. Smartleaf Asset Management LLC grew its holdings in Cavco Industries by 387.9% during the fourth quarter. Smartleaf Asset Management LLC now owns 161 shares of the construction company's stock worth $72,000 after acquiring an additional 128 shares during the period. CWM LLC raised its position in Cavco Industries by 44.0% in the first quarter. CWM LLC now owns 157 shares of the construction company's stock worth $82,000 after acquiring an additional 48 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in Cavco Industries by 2,850.0% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 177 shares of the construction company's stock valued at $92,000 after acquiring an additional 171 shares during the last quarter. Finally, Blue Trust Inc. lifted its holdings 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 acquiring an additional 55 shares during the last quarter. 95.56% of the stock is currently owned by institutional investors and hedge funds.
About Cavco Industries
(
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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.
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