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S&P 500   3,821.55
DOW   30,946.99
QQQ   283.54
S&P 500   3,821.55
DOW   30,946.99
QQQ   283.54
S&P 500   3,821.55
DOW   30,946.99
QQQ   283.54
NASDAQ:CVCO

Cavco Industries Stock Forecast, Price & News

$197.49
-0.01 (-0.01%)
(As of 06/28/2022 12:00 AM ET)
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Today's Range
$197.49
$203.28
50-Day Range
$184.55
$261.87
52-Week Range
$179.47
$327.24
Volume
56,971 shs
Average Volume
58,826 shs
Market Capitalization
$1.76 billion
P/E Ratio
9.25
Dividend Yield
N/A
Price Target
$318.50
30 days | 90 days | 365 days | Advanced Chart

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CVCO Stock Forecast (MarketRank)

Overall MarketRank

2.18 out of 5 stars

Construction Sector

79th out of 138 stocks

Mobile Homes Industry

1st out of 3 stocks

Analyst Opinion: 3.3Community Rank: 4.1Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
Cavco Industries logo

About Cavco Industries (NASDAQ:CVCO)

Cavco Industries, Inc. designs, produces, and retails manufactured homes primarily in the United States. It operates in two segments, Factory-Built Housing and Financial Services. The company markets its manufactured homes under the Cavco, Fleetwood, Palm Harbor, Nationwide, Fairmont, Friendship, Chariot Eagle, Destiny, Commodore, Colony, Pennwest, R-Anell, Manorwood, and MidCountry brands. It also builds park model RVs; vacation cabins; and factory-built commercial structures, including apartment buildings, condominiums, hotels, workforce housing, schools, and housing for the United States military troops. In addition, the company produces various modular homes, which include single and multi-section ranch, split-level, and Cape Cod style homes, as well as two- and three-story homes, and multi-family units. Further, it provides conforming and non-conforming mortgages and home-only loans to purchasers of various brands of factory-built homes sold by company-owned retail stores, as well as various independent distributors, builders, communities, and developers. Additionally, the company offers property and casualty insurance to owners of manufactured homes. As of April 3, 2022, it operated 45 company-owned retail stores in Oregon, Arizona, Nevada, New Mexico, Texas, Indiana, Oklahoma, Florida, and New York. The company also distributes its homes through a network of independent distribution points in 48 states and Canada; and through planned community operators and residential developers. Cavco Industries, Inc. was founded in 1965 and is headquartered in Phoenix, Arizona.

CVCO Stock News Headlines

Cavco Industries Tops Q4 EPS by 99c
Two factors to watch at Cavco Industries Inc
See More Headlines

Industry, Sector and Symbol

Industry
Mobile homes
Sub-Industry
Homebuilding
Current Symbol
NASDAQ:CVCO
CUSIP
14956810
Employees
6,300
Year Founded
N/A

Company Calendar

Last Earnings
5/26/2022
Today
6/28/2022
Next Earnings (Estimated)
8/04/2022
Fiscal Year End
3/31/2023

Price Target and Rating

Average Stock Price Forecast
$318.50
High Stock Price Forecast
$322.00
Low Stock Price Forecast
$315.00
Forecasted Upside/Downside
+61.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.5
Research Coverage
2 Analysts

Profitability

Net Income
$197.70 million
Pretax Margin
13.03%

Debt

Sales & Book Value

Annual Sales
$1.63 billion
Cash Flow
$19.34 per share
Book Value
$90.63 per share

Miscellaneous

Free Float
8,749,000
Market Cap
$1.76 billion
Optionable
Optionable
Beta
0.99














Cavco Industries Frequently Asked Questions

Should I buy or sell Cavco Industries stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cavco Industries in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" Cavco Industries stock.
View analyst ratings for Cavco Industries
or view top-rated stocks.

What is Cavco Industries' stock price forecast for 2022?

2 brokers have issued 1 year price objectives for Cavco Industries' shares. Their CVCO stock forecasts range from $315.00 to $322.00. On average, they predict Cavco Industries' stock price to reach $318.50 in the next year. This suggests a possible upside of 61.3% from the stock's current price.
View analysts' price targets for Cavco Industries
or view top-rated stocks among Wall Street analysts.

How has Cavco Industries' stock price performed in 2022?

Cavco Industries' stock was trading at $317.65 at the beginning of 2022. Since then, CVCO shares have decreased by 37.8% and is now trading at $197.49.
View the best growth stocks for 2022 here
.

When is Cavco Industries' next earnings date?

Cavco Industries is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for Cavco Industries
.

How were Cavco Industries' earnings last quarter?

Cavco Industries, Inc. (NASDAQ:CVCO) released its earnings results on Thursday, May, 26th. The construction company reported $5.80 earnings per share for the quarter, beating the consensus estimate of $4.91 by $0.89. The construction company had revenue of $505.48 million for the quarter, compared to analysts' expectations of $426.90 million. Cavco Industries had a net margin of 12.15% and a trailing twelve-month return on equity of 21.87%. During the same period in the prior year, the firm earned $2.71 EPS.
View Cavco Industries' earnings history
.

Who are Cavco Industries' key executives?

Cavco Industries' management team includes the following people:
  • Mr. William C. Boor, Pres, CEO & Director (Age 56, Pay $2.2M)
  • Mr. Paul W. Bigbee, Chief Accounting Officer (Age 54, Pay $362.1k)
  • Mr. Mickey R. Dragash, Exec. VP, Gen. Counsel, Chief Compliance Officer & Corp. Sec. (Age 52, Pay $640.24k)
  • Mr. Matthew Allen Nino, Pres of Retail (Age 54, Pay $968.14k)
  • Mr. Lyle D. Zeller, Pres of CountryPlace Acceptance Corp (Age 66, Pay $844.55k)
  • Ms. Allison K. Aden, Exec. VP, CFO & Treasurer (Age 61)
  • Mr. Anthony R. Crutcher, Chief Information Officer
  • Mr. Mark Fusler, Director of Financial Reporting & Investor Relations
  • Ms. Colleen J. Rogers, Sr. VP of Marketing & Communications
  • Mr. Steven Keith Like, Sr. VP of Corp. Devel. (Age 65)

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), Square (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 institutional and retail investors. Top institutional investors include BlackRock Inc. (15.25%), Vanguard Group Inc. (8.62%), Dimensional Fund Advisors LP (4.12%), Wellington Management Group LLP (3.67%), State Street Corp (3.52%) and Boston Trust Walden Corp (2.63%).
View institutional ownership trends for Cavco Industries
.

Which major investors are selling Cavco Industries stock?

CVCO stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Victory Capital Management Inc., BlackRock Inc., Invesco Ltd., Goldman Sachs Group Inc., Bank of America Corp DE, SG Capital Management LLC, and BNP Paribas Arbitrage SA.
View insider buying and selling activity for Cavco Industries
or view top insider-selling stocks.

Which major investors are buying Cavco Industries stock?

CVCO stock was purchased by a variety of institutional investors in the last quarter, including Neumeier Poma Investment Counsel LLC, Vanguard Group Inc., Assenagon Asset Management S.A., Prudential Financial Inc., Boston Trust Walden Corp, Crown Advisors Management Inc., Handelsbanken Fonder AB, and JPMorgan Chase & Co..
View insider buying and selling activity for Cavco Industries
or or view top insider-buying stocks.

How do I buy shares of 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 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 $197.49.

How much money does Cavco Industries make?

Cavco Industries (NASDAQ:CVCO) has a market capitalization of $1.76 billion and generates $1.63 billion in revenue each year. The construction company earns $197.70 million in net income (profit) each year or $21.35 on an earnings per share basis.

How many employees does Cavco Industries have?

Cavco Industries 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 Cavco Industries is www.cavco.com. The construction company can be reached via phone at (602) 256-6263, via email at [email protected], or via fax at 602-256-6189.

This page (NASDAQ:CVCO) was last updated on 6/29/2022 by MarketBeat.com Staff

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