Cavco Industries, Inc. designs and produces factory-built homes. The Company operates through two segments: factory-built housing, which includes wholesale and retail systems-built housing operations, and financial services, which includes manufactured housing consumer finance and insurance. Its factory-built homes are primarily distributed through a network of independent and the Company-owned retailers, planned community operators and residential developers. It markets its products under the brands, including Cavco Homes, Fleetwood Homes, Palm Harbor Homes, Fairmont Homes and Chariot Eagle. It is also a builder of park model recreational vehicle (RVs), vacation cabins and systems-built commercial structures, as well as modular homes built primarily under the Nationwide Homes brand. It also produces a range of Cape Cod-style homes and multi-family units, and builds commercial modular structures, including apartment buildings, schools and housing for the United States military troops.
Industry, Sector and Symbol:
- Sector: Construction
- Industry: Prefabricated Homes
- Sub-Industry: Homebuilding
- Symbol: NASDAQ:CVCO
- CUSIP: 14956810
- Web: www.cavco.com
Capitalization:- Market Cap: $1.17025 billion
- Outstanding Shares: 9,015,000
Average Prices:- 50 Day Moving Avg: $127.90
- 200 Day Moving Avg: $116.11
- 52 Week Range: $88.65 - $136.98
P/E:- Trailing P/E Ratio: 31.21
- P/E Growth: 1.86
Sales & Book Value:- Annual Revenue: $773.8 million
- Price / Sales: 1.52
- Book Value: $43.85 per share
- Price / Book: 2.97
Profitability:- EBIDTA: $56.05 million
- Net Margins: 4.91%
- Return on Equity: 10.07%
- Return on Assets: 6.53%
Debt:- Debt-to-Equity Ratio: 0.13%
- Current Ratio: 2.54%
- Quick Ratio: 1.88%
Misc:- Average Volume: 39,941 shs.
- Beta: 1.53
- Short Ratio: 1.55
Frequently Asked Questions for Cavco Industries (NASDAQ:CVCO)
What is Cavco Industries' stock symbol?
Cavco Industries trades on the NASDAQ under the ticker symbol "CVCO."
How were Cavco Industries' earnings last quarter?
Cavco Industries, Inc. (NASDAQ:CVCO) posted its earnings results on Monday, June, 12th. The company reported $1.19 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.02 by $0.17. The business earned $198 million during the quarter, compared to the consensus estimate of $188 million. Cavco Industries had a return on equity of 10.07% and a net margin of 4.91%. The business's quarterly revenue was up 11.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.77 EPS. View Cavco Industries' Earnings History.
Where is Cavco Industries' stock going? Where will Cavco Industries' stock price be in 2017?
1 brokerages have issued twelve-month price objectives for Cavco Industries' shares. Their predictions range from $114.00 to $114.00. On average, they expect Cavco Industries' stock price to reach $114.00 in the next twelve months. View Analyst Ratings for Cavco Industries.
Who are some of Cavco Industries' key competitors?
Some companies that are related to Cavco Industries include TRI Pointe Group (TPH), GCP Applied Technologies (GCP), Trex Company (TREX), KBR (KBR), Simpson Manufacturing Company (SSD), KB Home (KBH), Granite Construction Incorporated (GVA), TopBuild Corp. (BLD), Potlatch Corporation (PCH), AAON (AAON), M.D.C. Holdings (MDC), Chicago Bridge & Iron Company N.V. (CBI), Universal Forest Products (UFPI), Meritage Corporation (MTH), Installed Building Products (IBP), Tutor Perini Corporation (TPC), Comfort Systems USA (FIX) and Primoris Services Corporation (PRIM).
Who are Cavco Industries' key executives?
Cavco Industries' management team includes the folowing people:
- Joseph H. Stegmayer, Chairman of the Board, President, Chief Executive Officer
- Daniel L. Urness, Chief Financial Officer, Executive Vice President, Treasurer
- Charles E. Lott, President of Fleetwood Homes, Inc
- Steven K. Like, Senior Vice President
- William C. Boor, Independent Director
- Steven G. Bunger, Independent Director
- David A. Greenblatt, Independent Director
- Jack Hanna, Independent Director
Who owns Cavco Industries stock?
Cavco Industries' stock is owned by many different of institutional and retail investors. Top institutional shareholders include
GAMCO INVESTORS, INC. ET AL
(6.00%), GW&K Investment Management LLC (1.53%), Handelsbanken Fonder AB (0.72%), Handelsinvest Investeringsforvaltning (0.29%), Dalton Greiner Hartman Maher & Co. (0.13%) and Russell Investments Group Ltd. (0.10%). Company insiders that own Cavco Industries stock include Charles E Lott, Joseph H Stegmayer, Steven G Bunger and William C Boor. View Institutional Ownership Trends for Cavco Industries.
Who sold Cavco Industries stock? Who is selling Cavco Industries stock?
Cavco Industries' stock was sold by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co. and Capstone Asset Management Co.. Company insiders that have sold Cavco Industries stock in the last year include Joseph H Stegmayer, Steven G Bunger and William C Boor. View Insider Buying and Selling for Cavco Industries.
Who bought Cavco Industries stock? Who is buying Cavco Industries stock?
Cavco Industries' stock was purchased by a variety of institutional investors in the last quarter, including Handelsbanken Fonder AB, GW&K Investment Management LLC, Handelsinvest Investeringsforvaltning, Russell Investments Group Ltd. and State of Alaska Department of Revenue. View Insider Buying and Selling for Cavco Industries.
How do I buy Cavco Industries stock?
Shares of Cavco Industries can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Cavco Industries' stock price today?
One share of Cavco Industries stock can currently be purchased for approximately $130.15.
MarketBeat Community Rating for Cavco Industries (NASDAQ CVCO)MarketBeat's community ratings are surveys of what our community members think about Cavco Industries and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Cavco Industries (NASDAQ:CVCO) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Hold Rating |
| Consensus Rating: | Hold (Score: 2.00) |
| Consensus Price Target: | $114.00 (12.41% downside) |
Analysts' Ratings History for Cavco Industries (NASDAQ:CVCO)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 9/7/2016 | Sidoti | Initiated Coverage | Neutral | $114.00 | N/A |  |
(Data available from 7/26/2015 forward)
Earnings History for Cavco Industries (NASDAQ:CVCO)Earnings History by Quarter for Cavco Industries (NASDAQ CVCO)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 6/12/2017 | 3/31/2017 | $1.02 | $1.19 | $188.00 million | $198.00 million | View | N/A | |
| 2/6/2017 | Q3 2017 | $0.97 | $1.35 | $186.95 million | $202.31 million | View | Listen | |
| 11/8/2016 | Q2 | $0.92 | $1.03 | $197.33 million | $188.30 million | View | Listen | |
| 8/9/2016 | Q117 | $0.60 | $0.60 | $181.40 million | $185.10 million | View | N/A | |
| 5/26/2016 | Q4 | $0.76 | $0.77 | | $177.29 million | View | N/A | |
| 1/28/2016 | Q316 | $0.80 | $0.89 | $170.70 million | $181.40 million | View | Listen | |
| 10/29/2015 | Q2 | $0.75 | $0.89 | $171.20 million | $191.96 million | View | Listen | |
| 8/5/2015 | Q1 2016 | $0.50 | $0.60 | | $161.67 million | View | N/A | |
| 5/21/2015 | Q415 | $0.52 | $0.66 | | $141.20 million | View | N/A | |
| 1/29/2015 | Q315 | $0.59 | $0.74 | $144.50 million | $146.90 million | View | N/A | |
| 10/30/2014 | Q314 | $0.61 | $0.61 | $136.40 million | $139.30 million | View | N/A | |
| 5/22/2014 | Q114 | $0.44 | $0.47 | $123.00 million | $131.20 million | View | N/A | |
| 1/30/2014 | Q4 | | $0.66 | | | View | N/A | |
| 11/1/2012 | Q213 | | $0.18 | $130.00 million | $110.00 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Cavco Industries (NASDAQ:CVCO)No earnings estimates for this company have been tracked by MarketBeat.com
Dividend History for Cavco Industries (NASDAQ:CVCO)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Cavco Industries (NASDAQ:CVCO)Insider Ownership Percentage: 8.44%
Institutional Ownership Percentage: 98.00%
Insider Trades by Quarter for Cavco Industries (NASDAQ:CVCO)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 6/22/2017 | William C Boor | Director | Sell | 3,000 | $130.59 | $391,770.00 | |
| 4/4/2017 | Joseph H Stegmayer | CEO | Sell | 25,000 | $116.25 | $2,906,250.00 | |
| 8/15/2016 | Steven G Bunger | Director | Sell | 11,000 | $101.20 | $1,113,200.00 | |
| 5/4/2016 | William C Boor | Director | Sell | 2,500 | $86.81 | $217,025.00 | |
| 4/15/2016 | Joseph H Stegmayer | CEO | Sell | 20,000 | $89.90 | $1,798,000.00 | |
| 3/18/2016 | Steven G Bunger | Director | Sell | 5,500 | $89.82 | $494,010.00 | |
| 12/1/2015 | Joseph H. Stegmayer | CEO | Sell | 20,000 | $92.86 | $1,857,200.00 | |
| 11/6/2015 | Charles E Lott | Insider | Sell | 1,516 | $95.25 | $144,399.00 | |
| 6/8/2015 | William C Boor | Director | Sell | 2,225 | $74.89 | $166,630.25 | |
| 2/21/2014 | Steven Bunger | Director | Sell | 5,000 | $73.51 | $367,550.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Cavco Industries (NASDAQ:CVCO)
Latest Headlines for Cavco Industries (NASDAQ:CVCO)
| Source: |
|
| Date | Headline |
|---|
 | Cavco Industries, Inc. (CVCO) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - July 20 at 12:42 PM |
 | Earnings Review and Free Research Report: KB Home’s Quarterly Revenue Surged 24%; Net Income More than Doubled
finance.yahoo.com - July 8 at 8:48 AM |
| Cavco Industries Gets A Composite Rating Upgrade
finance.yahoo.com - July 3 at 5:35 PM |
| Zacks: Analysts Set $114.00 Price Target for Cavco Industries, Inc. (NASDAQ:CVCO)
www.americanbankingnews.com - July 3 at 10:59 AM |
| ETFs with exposure to Cavco Industries, Inc. : June 28, 2017
finance.yahoo.com - June 28 at 5:29 PM |
| Cavco Industries, Inc. (CVCO) Director William C. Boor Sells 3,000 Shares
www.americanbankingnews.com - June 26 at 7:38 PM |
| Cavco Industries, Inc. (CVCO) Upgraded by BidaskClub to "Hold"
www.americanbankingnews.com - June 16 at 11:14 PM |
| Cavco Industries, Inc. :CVCO-US: Earnings Analysis: Q4, 2017 By the Numbers : June 16, 2017
finance.yahoo.com - June 16 at 5:22 PM |
| ETFs with exposure to Cavco Industries, Inc. : June 16, 2017
finance.yahoo.com - June 16 at 5:22 PM |
| Cavco Industries, Inc. (CVCO) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - June 16 at 10:32 AM |
| Cavco Industries, Inc. :CVCO-US: Earnings Analysis: 2017 By the Numbers : June 15, 2017
finance.yahoo.com - June 15 at 6:29 PM |
| Cavco Industries Inc (CVCO) Files 10-K for the Fiscal Year Ended on March 31, 2017
finance.yahoo.com - June 15 at 3:34 AM |
 | Cavco Industries Inc. (CVCO) Jumped To A New High After Q4 Report
www.rttnews.com - June 14 at 5:32 PM |
| Cavco Industries, Inc.: Leads amongst peers with strong fundamentals
finance.yahoo.com - June 14 at 5:32 PM |
| Edited Transcript of CVCO earnings conference call or presentation 13-Jun-17 5:00pm GMT
finance.yahoo.com - June 14 at 2:19 AM |
| Real estate stock jumps 11 percent after beating earnings; Dow, S&P 500 hit record highs
finance.yahoo.com - June 13 at 9:17 PM |
 | Cavco Industries' (CVCO) CEO Joe Stegmayer on Q4 2017 Results - Earnings Call Transcript
seekingalpha.com - June 13 at 4:16 PM |
| Investor Network: Cavco Industries, Inc. to Host Earnings Call
finance.yahoo.com - June 13 at 12:23 PM |
| Cavco Industries, Inc. (CVCO) Releases Quarterly Earnings Results
www.americanbankingnews.com - June 13 at 8:48 AM |
| Cavco Industries Reports Fiscal 2017 Fourth Quarter and Year End Results
finance.yahoo.com - June 12 at 5:34 PM |
| Cavco posts 4Q profit
finance.yahoo.com - June 12 at 5:34 PM |
| Cavco Industries, Inc. breached its 50 day moving average in a Bullish Manner : CVCO-US : June 5, 2017
finance.yahoo.com - June 5 at 11:59 AM |
 | Webcast Alert: Cavco Industries, Inc. Announces Fourth Quarter Fiscal Year 2017 Earnings Release and Conference Call Webcast
feeds.benzinga.com - May 31 at 3:04 PM |
| Zacks: Cavco Industries, Inc. (CVCO) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - May 30 at 9:18 AM |
| Cavco Industries, Inc. breached its 50 day moving average in a Bullish Manner : CVCO-US : May 26, 2017
finance.yahoo.com - May 26 at 5:09 PM |
| Cavco Industries, Inc. (CVCO) Given $114.00 Consensus Price Target by Analysts
www.americanbankingnews.com - May 12 at 2:39 PM |
| Cavco Industries, Inc. breached its 50 day moving average in a Bearish Manner : CVCO-US : May 11, 2017
finance.yahoo.com - May 11 at 5:14 PM |
| Cavco Industries (CVCO) Earning Positive News Coverage, Report Shows
www.americanbankingnews.com - May 4 at 5:10 PM |
| Cavco Industries (CVCO) Earning Positive Media Coverage, Study Shows
www.americanbankingnews.com - May 1 at 5:12 PM |
| Cavco Industries, Inc. (CVCO) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - April 27 at 9:44 AM |
| Cavco Industries (CVCO) Receives News Impact Rating of 0.31
www.americanbankingnews.com - April 23 at 5:06 PM |
| Cavco Industries, Inc. – Value Analysis (NASDAQ:CVCO) : April 19, 2017
finance.yahoo.com - April 19 at 4:34 PM |
| Cavco Industries, Inc. breached its 50 day moving average in a Bullish Manner : CVCO-US : April 18, 2017
finance.yahoo.com - April 18 at 12:09 PM |
| Cavco Industries (CVCO) Earning Very Positive Press Coverage, Study Shows
www.americanbankingnews.com - April 17 at 12:28 PM |
| Cavco Industries (CVCO) Given Daily Coverage Optimism Score of 0.17
www.americanbankingnews.com - April 15 at 12:17 AM |
| Cavco Industries, Inc. (CVCO) Short Interest Up 6.7% in March
www.americanbankingnews.com - April 10 at 7:48 AM |
| Cavco Industries, Inc. (CVCO) Expected to Announce Quarterly Sales of $0.00
www.americanbankingnews.com - April 9 at 8:36 AM |
| Cavco Industries Announces Closing of Acquisition of Lexington Homes
finance.yahoo.com - April 7 at 9:16 AM |
| Cavco Industries, Inc. (CVCO) CEO Joseph H. Stegmayer Sells 25,000 Shares
www.americanbankingnews.com - April 4 at 8:13 PM |
 | Cavco Industries (CVCO) Signs LOI to Acquire Lexington Homes
www.streetinsider.com - March 28 at 4:20 PM |
| Cavco Industries Announces Planned Acquisition of Lexington Homes
finance.yahoo.com - March 28 at 12:22 PM |
| 9:02 am Cavco Industries to acquire Lexington Homes; terms not disclosed
finance.yahoo.com - March 28 at 12:22 PM |
| Zacks: Cavco Industries, Inc. (CVCO) Receives Average Rating of "" from Brokerages
www.americanbankingnews.com - March 28 at 11:46 AM |
| CAVCO INDUSTRIES INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhi
us.rd.yahoo.com - February 8 at 10:03 PM |
 | 4:07 pm Cavco Industries beats by $0.38, beats on revs
us.rd.yahoo.com - February 7 at 10:45 PM |
 | Dow Jones, Nasdaq open with new records; GM, Michael Kors down; Cavco, Boeing, Caterpillar up
www.bizjournals.com - February 7 at 5:43 PM |
| See which designer stock tanked, which local stock jumped and Disney’s miss as Nasdaq sets new record high
www.bizjournals.com - February 7 at 5:43 PM |
| Q3 2017 Cavco Industries Inc Earnings Release - After Market Close
biz.yahoo.com - February 6 at 4:38 PM |
| Cavco Industries Reports Fiscal 2017 Third Quarter Results
finance.yahoo.com - February 6 at 4:38 PM |
| Media, mouse ears, malls, Twitter and Trump: What to look for in stocks this week after Dow hits 20K
www.bizjournals.com - February 5 at 4:32 PM |
Cavco Industries (CVCO) Chart for Wednesday, July, 26, 2017
