NASDAQ:CVCO Cavco Industries (CVCO) Stock Forecast, Price & News $277.25 -4.80 (-1.70%) (As of 06/9/2023 ET) Add Compare Share Share Today's Range$276.42▼$283.2950-Day Range$248.98▼$317.7452-Week Range$179.47▼$318.00Volume52,456 shsAverage Volume68,456 shsMarket Capitalization$2.40 billionP/E Ratio10.30Dividend YieldN/APrice Target$381.50 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Cavco Industries MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside37.6% Upside$381.50 Price TargetShort InterestHealthy3.22% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.35Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth14.16%From $26.55 to $30.31 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.63 out of 5 starsConstruction Sector11th out of 103 stocksMobile Homes Industry1st out of 3 stocks 3.5 Analyst's Opinion Consensus RatingCavco Industries has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $381.50, Cavco Industries has a forecasted upside of 37.6% from its current price of $277.25.Amount of Analyst CoverageCavco Industries has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.22% of the float of Cavco Industries has been sold short.Short Interest Ratio / Days to CoverCavco Industries has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Cavco Industries has recently increased by 1.88%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldCavco Industries does not currently pay a dividend.Dividend GrowthCavco Industries does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CVCO. Previous Next 3.5 News and Social Media Coverage News SentimentCavco Industries has a news sentiment score of 1.35. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.65 average news sentiment score of Construction companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Cavco Industries this week, compared to 3 articles on an average week.Search InterestOnly 1 people have searched for CVCO on MarketBeat in the last 30 days. This is a decrease of -88% compared to the previous 30 days.MarketBeat Follows4 people have added Cavco Industries to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Cavco Industries insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.62% of the stock of Cavco Industries is held by insiders.Percentage Held by Institutions93.32% of the stock of Cavco Industries is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Cavco Industries are expected to grow by 14.16% in the coming year, from $26.55 to $30.31 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Cavco Industries is 10.30, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.81.Price to Earnings Ratio vs. SectorThe P/E ratio of Cavco Industries is 10.30, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 12.75.Price to Book Value per Share RatioCavco Industries has a P/B Ratio of 2.47. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Cavco Industries (NASDAQ:CVCO) StockCavco Industries, Inc. engages in the development of residential modular structures. It offers manufactured homes, modular homes, park model RVs and cabins, commercial structures, mortgage lending, and insurance. The firm's brands include Cavco, Fleetwood, Palm Harbor and Fairmont, Friendship, Chariot Eagle and Destiny. The company operates through following segments: Factory-Built Housing, which includes wholesale and retail systems-built housing operations and Financial Services, which include manufactured housing consumer finance and insurance. It also designs and produces factory-built housing products primarily distributed through a network of independent and Company-owned retailers. The company was founded in 1965 and is headquartered in Phoenix, AZ.Read More Receive CVCO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Cavco Industries and its competitors with MarketBeat's FREE daily newsletter. Email Address CVCO Stock News HeadlinesJune 7, 2023 | finance.yahoo.comNationwide Homes in Martinsville, Virginia, Provides Showcase Duplex for MHI’s “Homes on the Hill” Advocacy Event in Washington, D.C.May 29, 2023 | americanbankingnews.comStockNews.com Downgrades Cavco Industries (NASDAQ:CVCO) to HoldJune 9, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.May 29, 2023 | americanbankingnews.comCavco Industries (NASDAQ:CVCO) Downgraded by StockNews.comMay 28, 2023 | americanbankingnews.comCavco Industries (NASDAQ:CVCO) Rating Lowered to Hold at StockNews.comMay 24, 2023 | americanbankingnews.comWedbush Brokers Raise Earnings Estimates for Cavco Industries, Inc. (NASDAQ:CVCO)May 24, 2023 | americanbankingnews.comCavco Industries (NASDAQ:CVCO) PT Raised to $425.00May 23, 2023 | americanbankingnews.comBrokers Issue Forecasts for Cavco Industries, Inc.'s Q1 2024 Earnings (NASDAQ:CVCO)June 9, 2023 | Vantage Point (Ad)Unlock Profit Potential: Find Hidden Trade Opportunities Using A.I.There’s a tool that scans and picks the best stocks…how you approach the trades is up to you. But when you’re forecasting 1 – 3 days in advance, it’s not really a guessing game. Stop guessing and start predicting to add consistency to your trades… no matter what happens in the market. May 22, 2023 | benzinga.comROSEN, NATIONALLY REGARDED INVESTOR COUNSEL, Encourages Cavco Industries, Inc. Investors to Inquire About Securities Class Action Investigation - CVCOMay 22, 2023 | msn.comWedbush Maintains Cavco Industries (CVCO) Outperform RecommendationMay 22, 2023 | markets.businessinsider.comAnalyst Ratings for Cavco IndusMay 22, 2023 | americanbankingnews.comCavco Industries (NASDAQ:CVCO) PT Lowered to $338.00May 20, 2023 | benzinga.comROSEN, LEADING INVESTOR COUNSEL, Encourages Cavco Industries, Inc. Investors to Inquire About Securities Class Action Investigation – CVCOMay 20, 2023 | finance.yahoo.comQ4 2023 Cavco Industries Inc Earnings CallMay 19, 2023 | benzinga.comCavco Industries shares are trading lower after the company reported worse-than-expected Q4 sales results.May 19, 2023 | msn.comWedbush Reiterates Cavco Industries (CVCO) Outperform RecommendationMay 19, 2023 | finanznachrichten.deCavco Industries, Inc.: Cavco Industries Reports Fiscal 2023 Fourth Quarter and Year End ResultsMay 18, 2023 | finance.yahoo.comCavco (CVCO) Q4 Earnings and Revenues Beat EstimatesMay 18, 2023 | finance.yahoo.comCavco industries Reports Fiscal 2023 Fourth Quarter and Year End ResultsMay 16, 2023 | markets.businessinsider.comCraig-Hallum Keeps Their Buy Rating on Cavco Industries (CVCO)May 16, 2023 | americanbankingnews.comCavco Industries, Inc. (NASDAQ:CVCO) to Post Q4 2024 Earnings of $6.21 Per Share, Wedbush ForecastsMay 11, 2023 | finance.yahoo.comWebcast Alert: Cavco Industries, Inc. Announces Fiscal 2023 Fourth Quarter and Year End Earnings Release and Conference Call WebcastMay 11, 2023 | finance.yahoo.comAM Best Downgrades Issuer Credit Rating of Standard Casualty CompanyApril 29, 2023 | americanbankingnews.comCavco Industries (NASDAQ:CVCO) Upgraded by StockNews.com to "Buy"April 27, 2023 | seekingalpha.comCavco Industries Stock Looks Like A Good BetApril 25, 2023 | msn.comCraig-Hallum Maintains Cavco Industries (CVCO) Buy RecommendationSee More Headlines CVCO Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CVCO Company Calendar Last Earnings11/04/2021Today6/09/2023Next Earnings (Estimated)8/03/2023Fiscal Year End3/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Mobile homes Sub-IndustryHomebuilding SectorConstruction Current SymbolNASDAQ:CVCO CUSIP14956810 CIK278166 Webwww.cavco.com Phone(602) 256-6263Fax602-256-6189Employees7,000Year FoundedN/APrice Target and Rating Average Stock Price Forecast$381.50 High Stock Price Forecast$425.00 Low Stock Price Forecast$338.00 Forecasted Upside/Downside+37.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$26.93 Trailing P/E Ratio10.30 Forward P/E Ratio10.44 P/E GrowthN/ANet Income$240.55 million Net Margins11.23% Pretax Margin14.32% Return on Equity25.92% Return on Assets19.16% Debt Debt-to-Equity RatioN/A Current Ratio2.74 Quick Ratio1.85 Sales & Book Value Annual Sales$2.14 billion Price / Sales1.12 Cash Flow$28.47 per share Price / Cash Flow9.74 Book Value$112.30 per share Price / Book2.47Miscellaneous Outstanding Shares8,670,000Free Float8,526,000Market Cap$2.40 billion OptionableOptionable Beta1.21 Key ExecutivesWilliam C. BoorPresident, Chief Executive Officer & DirectorAllison K. AdenCFO, Treasurer & Executive Vice PresidentAnthony CrutcherChief Information OfficerMickey R. DragashSecretary, Chief Compliance Officer & Executive VPSteven K. LikeSenior Vice President-Corporate DevelopmentKey CompetitorsFrontdoorNASDAQ:FTDRCentury CommunitiesNYSE:CCSMasonite InternationalNYSE:DOORM/I HomesNYSE:MHODream Finders HomesNASDAQ:DFHView All CompetitorsInsiders & InstitutionsPrelude Capital Management LLCBought 370 shares on 6/1/2023Ownership: 0.072%ProShare Advisors LLCSold 143 shares on 5/26/2023Ownership: 0.014%Toroso Investments LLCBought 1,190 shares on 5/23/2023Ownership: 0.014%Ameriprise Financial Inc.Sold 5,448 shares on 5/22/2023Ownership: 0.795%Putnam Investments LLCBought 4,301 shares on 5/22/2023Ownership: 0.117%View All Insider TransactionsView All Institutional Transactions CVCO Stock - Frequently Asked Questions Should I buy or sell Cavco Industries stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cavco Industries in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" CVCO shares. View CVCO analyst ratings or view top-rated stocks. What is Cavco Industries' stock price forecast for 2023? 1 equities research analysts have issued twelve-month target prices for Cavco Industries' stock. Their CVCO share price forecasts range from $338.00 to $425.00. On average, they anticipate the company's stock price to reach $381.50 in the next twelve months. This suggests a possible upside of 37.6% from the stock's current price. View analysts price targets for CVCO or view top-rated stocks among Wall Street analysts. How have CVCO shares performed in 2023? Cavco Industries' stock was trading at $226.25 at the beginning of 2023. Since then, CVCO shares have increased by 22.5% and is now trading at $277.25. View the best growth stocks for 2023 here. When is Cavco Industries' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023. View our CVCO earnings forecast. How were Cavco Industries' earnings last quarter? Cavco Industries, Inc. (NASDAQ:CVCO) announced its quarterly earnings data on Thursday, November, 4th. The construction company reported $4.06 EPS for the quarter, beating analysts' consensus estimates of $2.72 by $1.34. The construction company earned $359.54 million during the quarter, compared to analysts' expectations of $336.80 million. Cavco Industries had a net margin of 11.23% and a trailing twelve-month return on equity of 25.92%. During the same quarter in the previous year, the company earned $1.62 earnings per share. What ETFs hold Cavco Industries' stock? ETFs with the largest weight of Cavco Industries (NASDAQ:CVCO) stock in their portfolio include Invesco Dynamic Building & Construction ETF (PKB), Alpha Architect U.S. Quantitative Value ETF (QVAL), Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), Ballast Small/Mid Cap ETF (MGMT), iShares U.S. Home Construction ETF (ITB), Invesco S&P SmallCap Quality ETF (XSHQ), Hoya Capital Housing ETF (HOMZ) and Invesco S&P SmallCap 600 Pure Growth ETF (RZG). What other stocks do shareholders of Cavco Industries own? Based on aggregate information from My MarketBeat watchlists, some companies that other Cavco Industries investors own include AT&T (T), AbbVie (ABBV), Home Depot (HD), Verizon Communications (VZ), Block (SQ), CVS Health (CVS), Walt Disney (DIS), NVIDIA (NVDA), Advanced Micro Devices (AMD) and Bank of America (BAC). What is Cavco Industries' stock symbol? Cavco Industries trades on the NASDAQ under the ticker symbol "CVCO." Who are Cavco Industries' major shareholders? Cavco Industries' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (15.14%), Dimensional Fund Advisors LP (4.59%), State Street Corp (3.72%), Wellington Management Group LLP (3.30%), Boston Trust Walden Corp (2.66%) and GW&K Investment Management LLC (2.65%). Insiders that own company stock include Gavin Ryan and Steven G Bunger. View institutional ownership trends. How do I buy shares of Cavco Industries? Shares of CVCO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Cavco Industries' stock price today? One share of CVCO stock can currently be purchased for approximately $277.25. How much money does Cavco Industries make? Cavco Industries (NASDAQ:CVCO) has a market capitalization of $2.40 billion and generates $2.14 billion in revenue each year. The construction company earns $240.55 million in net income (profit) each year or $26.93 on an earnings per share basis. How many employees does Cavco Industries have? The company employs 7,000 workers across the globe. How can I contact Cavco Industries? Cavco Industries' mailing address is 3636 North Central Avenue Suite 1200, Phoenix AZ, 85012. The official website for the company is www.cavco.com. The construction company can be reached via phone at (602) 256-6263, via email at investor_relations@cavco.com, or via fax at 602-256-6189. This page (NASDAQ:CVCO) was last updated on 6/9/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Cavco Industries, Inc. 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