NASDAQ:CVCO - Cavco Industries Stock Price, Forecast & News

Cavco Industries trades on the NASDAQ under the ticker symbol "CVCO."

Cavco Industries, Inc. (NASDAQ:CVCO) announced its quarterly earnings data on Thursday, January, 30th. The construction company reported $2.25 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $2.01 by $0.24. The construction company had revenue of $273.70 million for the quarter, compared to analysts' expectations of $262.34 million. Cavco Industries had a return on equity of 14.60% and a net margin of 7.93%. Cavco Industries's revenue for the quarter was up 17.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.44 earnings per share. View Cavco Industries' Earnings History.

Cavco Industries is scheduled to release their next quarterly earnings announcement on Thursday, May 28th 2020. View Earnings Estimates for Cavco Industries.

1 brokers have issued 1-year price targets for Cavco Industries' stock. Their forecasts range from $215.00 to $215.00. On average, they expect Cavco Industries' share price to reach $215.00 in the next twelve months. This suggests a possible upside of 5.6% from the stock's current price. View Analyst Price Targets for Cavco Industries.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cavco Industries in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Cavco Industries.

Media headlines about CVCO stock have been trending extremely negative this week, InfoTrie Sentiment reports. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Cavco Industries earned a media sentiment score of -4.4 on InfoTrie's scale. They also gave news coverage about the construction company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Cavco Industries.

Cavco Industries saw a increase in short interest during the month of February. As of February 14th, there was short interest totalling 160,400 shares, an increase of 12.8% from the January 30th total of 142,200 shares. Based on an average daily trading volume, of 44,100 shares, the days-to-cover ratio is currently 3.6 days. Approximately 1.9% of the shares of the company are short sold. View Cavco Industries' Current Options Chain.

Some companies that are related to Cavco Industries include D. R. Horton (DHI), Lennar (LEN), NVR (NVR), PulteGroup (PHM), Toll Brothers (TOL), KB Home (KBH), M.D.C. (MDC), Meritage Homes (MTH), TRI Pointe Group (TPH), M/I Homes (MHO), Beazer Homes USA (BZH) and Hovnanian Enterprises (HOV).

Based on aggregate information from My MarketBeat watchlists, some companies that other Cavco Industries investors own include AT&T (T), Walt Disney (DIS), Home Depot (HD), UnitedHealth Group (UNH), Verizon Communications (VZ), CVS Health (CVS), Bank of America (BAC), Applied Materials (AMAT), Netflix (NFLX) and NVIDIA (NVDA).

Cavco Industries' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include State Street Corp (2.95%), Bank of New York Mellon Corp (2.57%), GW&K Investment Management LLC (1.99%), Handelsbanken Fonder AB (1.83%), Schroder Investment Management Group (1.73%) and Geode Capital Management LLC (1.51%). Company insiders that own Cavco Industries stock include Charles E Lott and Joseph H Stegmayer. View Institutional Ownership Trends for Cavco Industries.

CVCO stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, PNC Financial Services Group Inc., Russell Investments Group Ltd., State Street Corp, UBS Group AG, Bank of America Corp DE, GW&K Investment Management LLC and Arizona State Retirement System. View Insider Buying and Selling for Cavco Industries.

CVCO stock was bought by a variety of institutional investors in the last quarter, including Handelsbanken Fonder AB, Prudential Financial Inc., Renaissance Technologies LLC, Tygh Capital Management Inc., Great West Life Assurance Co. Can, Handelsinvest Investeringsforvaltning, Schroder Investment Management Group and Granite Investment Partners LLC. View Insider Buying and Selling for Cavco Industries.

Shares of CVCO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of CVCO stock can currently be purchased for approximately $203.51.

Cavco Industries has a market capitalization of $1.86 billion and generates $962.75 million in revenue each year. Cavco Industries employs 4,650 workers across the globe.View Additional Information About Cavco Industries.

The official website for Cavco Industries is http://www.cavco.com/.

Cavco Industries' mailing address is 3636 North Central Avenue Suite 1200, Phoenix AZ, 85012. The construction company can be reached via phone at 602-256-6263 or via email at [email protected]