Positive News Sentiment NASDAQ:CVCO Cavco Industries - CVCO Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Cavco Industries, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $298.98 +3.51 (+1.19%) (As of 03/28/2023 12:00 AM ET) Add Compare Share Share Today's Range$292.35▼$299.0250-Day Range$250.30▼$299.2552-Week Range$179.47▼$300.50Volume56,498 shsAverage Volume72,330 shsMarket Capitalization$2.60 billionP/E Ratio10.94Dividend YieldN/APrice Target$350.00 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Cavco Industries MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside17.1% Upside$350.00 Price TargetShort InterestBearish4.13% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.62Based on 4 Articles This WeekInsider TradingSelling Shares$870,090 Sold Last QuarterProj. Earnings Growth-6.47%From $27.36 to $25.59 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.2.02 out of 5 starsConstruction Sector74th out of 106 stocksMobile Homes Industry2nd out of 3 stocks 2.5 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 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $350.00, Cavco Industries has a forecasted upside of 17.1% from its current price of $298.98.Amount of Analyst CoverageCavco Industries has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.13% 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 4.7.Change versus previous monthShort interest in Cavco Industries has recently increased by 11.87%, indicating that investor sentiment is decreasing significantly. 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 3.7 News and Social Media Coverage News SentimentCavco Industries has a news sentiment score of 1.62. 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 0.54 average news sentiment score of Construction companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Cavco Industries this week, compared to 2 articles on an average week.MarketBeat Follows17 people have added Cavco Industries to their MarketBeat watchlist in the last 30 days. This is an increase of 467% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Cavco Industries insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $870,090.00 in 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 1.3 Earnings and Valuation Earnings GrowthEarnings for Cavco Industries are expected to decrease by -6.47% in the coming year, from $27.36 to $25.59 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Cavco Industries is 10.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.79.Price to Earnings Ratio vs. SectorThe P/E ratio of Cavco Industries is 10.94, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 13.58.Price to Book Value per Share RatioCavco Industries has a P/B Ratio of 3.30. P/B Ratios above 3 indicate that a company could be overvalued 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 HeadlinesMarch 28, 2023 | finance.yahoo.comCavco Industries Releases Its Inaugural Environmental, Social and Governance ReportMarch 17, 2023 | finance.yahoo.comCavco (CVCO) Is a Great Choice for 'Trend' Investors, Here's WhyMarch 28, 2023 | Stansberry Research (Ad)The gold catalyst we’ve waited forIf you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK. March 6, 2023 | seekingalpha.comCavco Industries: Delivering Strong Earnings Amidst Tough Market ConditionsMarch 6, 2023 | finance.yahoo.comReturns on Capital Paint A Bright Future For Cavco Industries (NASDAQ:CVCO)February 28, 2023 | seekingalpha.comCVCO Cavco Industries, Inc.February 24, 2023 | finance.yahoo.comHere's Why Momentum in Cavco (CVCO) Should Keep goingFebruary 23, 2023 | finance.yahoo.comHere is Why Growth Investors Should Buy Cavco (CVCO) NowMarch 28, 2023 | Stansberry Research (Ad)The gold catalyst we’ve waited forIf you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK. February 20, 2023 | finance.yahoo.comAdd 4 Stocks With Solid Net Profit Margin for Better ReturnsFebruary 19, 2023 | finance.yahoo.comCavco Industries' (NASDAQ:CVCO) investors will be pleased with their notable 63% return over the last five yearsFebruary 8, 2023 | finance.yahoo.comHere's What Could Help Cavco (CVCO) Maintain Its Recent Price StrengthFebruary 8, 2023 | finance.yahoo.comCavco Industries, Inc. (NASDAQ:CVCO) Q3 2023 Earnings Call TranscriptFebruary 7, 2023 | finance.yahoo.comLooking for a Growth Stock? 3 Reasons Why Cavco (CVCO) is a Solid ChoiceFebruary 5, 2023 | finance.yahoo.comCavco Industries Third Quarter 2023 Earnings: EPS Beats Expectations, Revenues LagFebruary 3, 2023 | finanznachrichten.deCavco Industries, Inc.: Cavco Industries Reports Fiscal 2023 Third Quarter Results and Provides Business UpdatesFebruary 3, 2023 | finance.yahoo.comCavco (CVCO) Q3 Earnings Beat EstimatesFebruary 2, 2023 | finance.yahoo.comCavco Industries Reports Fiscal 2023 Third Quarter Results and Provides Business UpdatesFebruary 1, 2023 | msn.comCavco Industries Earnings PreviewJanuary 30, 2023 | barrons.comROSEN, A LEADING LAW FIRM, Encourages Cavco Industries, Inc. Investors to Inquire About Securities Class Action Investigation -- CVCOJanuary 29, 2023 | benzinga.comROSEN, A LEADING LAW FIRM, Encourages Cavco Industries, Inc. Investors to Inquire About Securities Class Action Investigation – CVCOJanuary 29, 2023 | benzinga.comROSEN, A TOP RANKED LAW FIRM, Encourages Cavco Industries, Inc. Investors to Inquire About Securities Class Action Investigation - CVCOJanuary 28, 2023 | benzinga.comROSEN, Global Investor Counsel, Encourages Cavco Industries, Inc. Investors to Inquire About Securities Class Action Investigation - CVCOJanuary 26, 2023 | benzinga.comGLOBALLY RECOGNIZED ROSEN LAW FIRM Encourages Cavco Industries, Inc. Investors to Inquire About Securities Class Action Investigation – CVCOJanuary 26, 2023 | finance.yahoo.comWebcast Alert: Cavco Industries, Inc. Announces Fiscal 2023 Third Quarter Earnings Release and Conference Call WebcastJanuary 25, 2023 | wsj.comGLOBALLY RECOGNIZED ROSEN LAW FIRM Encourages Cavco Industries, Inc. Investors to Inquire About Securities Class Action Investigation -- CVCOJanuary 23, 2023 | finance.yahoo.comAn Intrinsic Calculation For Cavco Industries, Inc. (NASDAQ:CVCO) Suggests It's 25% UndervaluedSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Company Calendar Last Earnings2/02/2023Today3/28/2023Fiscal Year End3/31/2023Next Earnings (Estimated)5/25/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Mobile homes Sub-IndustryHomebuilding SectorConstruction Current SymbolNASDAQ:CVCO CUSIP14956810 CIK278166 Webwww.cavco.com Phone(602) 256-6263Fax602-256-6189Employees6,300Year FoundedN/APrice Target and Rating Average Stock Price Forecast$350.00 High Stock Price Forecast$410.00 Low Stock Price Forecast$290.00 Forecasted Upside/Downside+17.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$27.34 Trailing P/E Ratio10.94 Forward P/E Ratio10.93 P/E GrowthN/ANet Income$197.70 million Net Margins11.37% Pretax Margin14.59% Return on Equity27.69% Return on Assets20.28% Debt Debt-to-Equity RatioN/A Current Ratio2.99 Quick Ratio2.22 Sales & Book Value Annual Sales$2.17 billion Price / Sales1.20 Cash Flow$19.85 per share Price / Cash Flow15.06 Book Value$90.63 per share Price / Book3.30Miscellaneous Outstanding Shares8,694,000Free Float8,553,000Market Cap$2.60 billion OptionableOptionable Beta1.19 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 CompetitorsSkyline ChampionNYSE:SKYTri Pointe HomesNYSE:TPHBoise CascadeNYSE:BCCM.D.C.NYSE:MDCDycom IndustriesNYSE:DYView All CompetitorsInsiders & InstitutionsMetLife Investment Management LLCSold 93 shares on 3/23/2023Ownership: 0.054%Gavin RyanSold 3,000 sharesTotal: $870,090.00 ($290.03/share)Robotti RobertSold 117 shares on 3/3/2023Ownership: 0.595%Lakewood Asset Management LLCBought 758 shares on 3/1/2023Ownership: 0.009%Voya Investment Management LLCSold 8,775 shares on 2/28/2023Ownership: 0.284%View All Insider TransactionsView All Institutional Transactions CVCO Stock - Frequently Asked Questions Should I buy or sell Cavco Industries stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cavco Industries in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities 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? 2 brokerages have issued 12 month target prices for Cavco Industries' shares. Their CVCO share price forecasts range from $290.00 to $410.00. On average, they predict the company's stock price to reach $350.00 in the next year. This suggests a possible upside of 17.1% 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 stock has increased by 32.1% and is now trading at $298.98. 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, May 25th 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, February, 2nd. The construction company reported $6.66 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $5.85 by $0.81. The construction company earned $500.60 million during the quarter, compared to analyst estimates of $540.20 million. Cavco Industries had a trailing twelve-month return on equity of 27.69% and a net margin of 11.37%. 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 600 Pure Growth ETF (RZG), Hoya Capital Housing ETF (HOMZ) and Invesco S&P SmallCap Quality ETF (XSHQ). 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 many different retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (4.53%), Boston Trust Walden Corp (2.79%), GW&K Investment Management LLC (2.62%), Gamco Investors INC. ET AL (2.53%), Geode Capital Management LLC (2.05%) and T. Rowe Price Investment Management Inc. (2.04%). 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 $298.98. How much money does Cavco Industries make? Cavco Industries (NASDAQ:CVCO) has a market capitalization of $2.60 billion and generates $2.17 billion in revenue each year. The construction company earns $197.70 million in net income (profit) each year or $27.34 on an earnings per share basis. How many employees does Cavco Industries have? The company employs 6,300 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 3/28/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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