Cavco Industries (CVCO) Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cavco Industries in the last twelve months. There are currently 1 buy rating 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.

1 Wall Street analysts have issued twelve-month price targets for Cavco Industries' stock. Their CVCO share price forecasts range from $338.00 to $425.00. On average, they predict the company's share price to reach $381.50 in the next twelve months. This suggests a possible upside of 40.8% from the stock's current price.
View analysts price targets for CVCO or view top-rated stocks among Wall Street analysts.

Cavco Industries' stock was trading at $226.25 at the beginning of 2023. Since then, CVCO stock has increased by 19.8% and is now trading at $270.95.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our CVCO earnings forecast.

Cavco Industries, Inc. (NASDAQ:CVCO) posted its quarterly earnings results on Thursday, November, 4th. The construction company reported $4.06 earnings per share for the quarter, beating analysts' consensus estimates of $2.72 by $1.34. The construction company had revenue of $359.54 million for the quarter, compared to analyst estimates 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 period in the previous year, the company posted $1.62 EPS.

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).

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).

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

Cavco Industries' stock is owned by many different institutional and retail investors. Top institutional investors 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.

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.

One share of CVCO stock can currently be purchased for approximately $270.95.

Cavco Industries (NASDAQ:CVCO) has a market capitalization of $2.35 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.

The company employs 7,000 workers across the globe.

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.