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

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

Cavco Industries, Inc. (NASDAQ:CVCO) released its quarterly earnings results on Thursday, January, 30th. The construction company reported $2.25 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $2.01 by $0.24. The construction company earned $273.70 million during the quarter, compared to analyst estimates of $262.34 million. Cavco Industries had a net margin of 7.93% and a return on equity of 14.60%. The company's quarterly revenue was up 17.1% on a year-over-year basis. During the same period 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 brokerages have issued 12-month price targets for Cavco Industries' shares. Their forecasts range from $215.00 to $215.00. On average, they anticipate Cavco Industries' stock price to reach $215.00 in the next twelve months. This suggests that the stock has a possible downside of 5.8%. 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.

Press coverage about CVCO stock has been trending positive this week, InfoTrie reports. The research firm rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Cavco Industries earned a media sentiment score of 3.0 on InfoTrie's scale. They also assigned press coverage about the construction company a news buzz of 1.0 out of 10, indicating that recent press 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 decrease in short interest during the month of January. As of January 31st, there was short interest totalling 142,200 shares, a decrease of 11.5% from the January 15th total of 160,600 shares. Based on an average daily trading volume, of 42,600 shares, the short-interest ratio is currently 3.3 days. Approximately 1.7% of the shares of the company are sold short. 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 retail and institutional investors. Top institutional investors 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 Renaissance Technologies LLC (1.50%). 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 purchased 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 $228.15.

Cavco Industries has a market capitalization of $2.09 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]