Cavco Industries, Inc. designs and produces factory-built homes. The Company operates through two segments: factory-built housing, which includes wholesale and retail systems-built housing operations, and financial services, which includes manufactured housing consumer finance and insurance. Its factory-built homes are primarily distributed through a network of independent and the Company-owned retailers, planned community operators and residential developers. It markets its products under the brands, including Cavco Homes, Fleetwood Homes, Palm Harbor Homes, Fairmont Homes and Chariot Eagle. It is also a builder of park model recreational vehicle (RVs), vacation cabins and systems-built commercial structures, as well as modular homes built primarily under the Nationwide Homes brand. It also produces a range of Cape Cod-style homes and multi-family units, and builds commercial modular structures, including apartment buildings, schools and housing for the United States military troops.
Industry, Sector and Symbol:
- Sector: Construction
- Industry: Prefabricated Homes
- Sub-Industry: Homebuilding
- Symbol: NASDAQ:CVCO
- CUSIP: 14956810
- Web: www.cavco.com
Capitalization:- Market Cap: $1.15 billion
- Outstanding Shares: 9,019,000
Average Prices:- 50 Day Moving Avg: $130.84
- 200 Day Moving Avg: $120.97
- 52 Week Range: $88.65 - $143.10
P/E:- Trailing P/E Ratio: 26.37
- Foreward P/E Ratio: 22.83
- P/E Growth: 1.72
Sales & Book Value:- Annual Revenue: $795.47 million
- Price / Sales: 1.45
- Book Value: $44.84 per share
- Price / Book: 2.85
Profitability:- EBIDTA: $63.29 million
- Net Margins: 5.56%
- Return on Equity: 11.40%
- Return on Assets: 7.45%
Debt:- Debt-to-Equity Ratio: 0.13%
- Current Ratio: 2.51%
- Quick Ratio: 1.81%
Misc:- Average Volume: 45,073 shs.
- Beta: 1.53
- Short Ratio: 2.78
Frequently Asked Questions for Cavco Industries (NASDAQ:CVCO)
What is Cavco Industries' stock symbol?
Cavco Industries trades on the NASDAQ under the ticker symbol "CVCO."
How were Cavco Industries' earnings last quarter?
Cavco Industries, Inc. (NASDAQ:CVCO) announced its earnings results on Monday, August, 7th. The company reported $1.28 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.08 by $0.20. The business earned $206.80 million during the quarter, compared to analysts' expectations of $200.70 million. Cavco Industries had a return on equity of 11.40% and a net margin of 5.56%. The company's quarterly revenue was up 11.7% on a year-over-year basis. During the same quarter last year, the business posted $0.60 earnings per share. View Cavco Industries' Earnings History.
Where is Cavco Industries' stock going? Where will Cavco Industries' stock price be in 2017?
1 analysts have issued twelve-month price objectives for Cavco Industries' stock. Their forecasts range from $114.00 to $114.00. On average, they expect Cavco Industries' share price to reach $114.00 in the next year. View Analyst Ratings for Cavco Industries.
Who are some of Cavco Industries' key competitors?
Some companies that are related to Cavco Industries include Trex Company (TREX), KBR (KBR), GCP Applied Technologies (GCP), TopBuild Corp. (BLD), Simpson Manufacturing Company (SSD), TRI Pointe Group (TPH), Granite Construction Incorporated (GVA), KB Home (KBH), Installed Building Products (IBP), Potlatch Corporation (PCH), AAON (AAON), Meritage Corporation (MTH), M.D.C. Holdings (MDC), Universal Forest Products (UFPI), Primoris Services Corporation (PRIM), Comfort Systems USA (FIX), U S Concrete (USCR) and Patrick Industries (PATK).
Who are Cavco Industries' key executives?
Cavco Industries' management team includes the folowing people:
- Joseph H. Stegmayer, Chairman of the Board, President, Chief Executive Officer
- Daniel L. Urness, Chief Financial Officer, Executive Vice President, Treasurer
- Charles E. Lott, President of Fleetwood Homes, Inc
- Steven K. Like, Senior Vice President
- William C. Boor, Independent Director
- Steven G. Bunger, Independent Director
- David A. Greenblatt, Independent Director
- Jack Hanna, Independent Director
Who owns Cavco Industries stock?
Cavco Industries' stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (13.03%),
GAMCO INVESTORS, INC. ET AL
(6.00%), Dimensional Fund Advisors LP (5.47%), Vanguard Group Inc. (5.09%), FMR LLC (4.62%) and Wells Fargo & Company MN (4.34%). Company insiders that own Cavco Industries stock include Charles E Lott, Joseph H Stegmayer, Steven G Bunger and William C Boor. View Institutional Ownership Trends for Cavco Industries.
Who sold Cavco Industries stock? Who is selling Cavco Industries stock?
Cavco Industries' stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Third Avenue Management LLC, William Blair Investment Management LLC, Schroder Investment Management Group, Tygh Capital Management Inc., Gamco Investors INC. ET AL, Royce & Associates LP and Bank of New York Mellon Corp. Company insiders that have sold Cavco Industries stock in the last year include Joseph H Stegmayer and William C Boor. View Insider Buying and Selling for Cavco Industries.
Who bought Cavco Industries stock? Who is buying Cavco Industries stock?
Cavco Industries' stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Handelsbanken Fonder AB, Ashford Capital Management Inc., Royal Bank of Canada, GW&K Investment Management LLC, Handelsinvest Investeringsforvaltning, Robotti Robert and Prudential Financial Inc.. View Insider Buying and Selling for Cavco Industries.
How do I buy Cavco Industries stock?
Shares of Cavco Industries can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Cavco Industries' stock price today?
One share of Cavco Industries stock can currently be purchased for approximately $127.85.
MarketBeat Community Rating for Cavco Industries (NASDAQ CVCO)MarketBeat's community ratings are surveys of what our community members think about Cavco Industries and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Cavco Industries (NASDAQ:CVCO) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Hold Rating |
| Consensus Rating: | Hold (Score: 2.00) |
| Consensus Price Target: | $114.00 (10.83% downside) |
Analysts' Ratings History for Cavco Industries (NASDAQ:CVCO)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 9/7/2016 | Sidoti | Initiated Coverage | Neutral | $114.00 | N/A |  |
(Data available from 8/23/2015 forward)
Earnings History for Cavco Industries (NASDAQ:CVCO)Earnings History by Quarter for Cavco Industries (NASDAQ CVCO)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 8/7/2017 | Q1 2018 | $1.08 | $1.28 | $200.70 million | $206.80 million | View | Listen | |
| 6/12/2017 | 3/31/2017 | $1.02 | $1.19 | $188.00 million | $198.00 million | View | N/A | |
| 2/6/2017 | Q3 2017 | $0.97 | $1.35 | $186.95 million | $202.31 million | View | Listen | |
| 11/8/2016 | Q2 | $0.92 | $1.03 | $197.33 million | $188.30 million | View | Listen | |
| 8/9/2016 | Q117 | $0.60 | $0.60 | $181.40 million | $185.10 million | View | N/A | |
| 5/26/2016 | Q4 | $0.76 | $0.77 | | $177.29 million | View | N/A | |
| 1/28/2016 | Q316 | $0.80 | $0.89 | $170.70 million | $181.40 million | View | Listen | |
| 10/29/2015 | Q2 | $0.75 | $0.89 | $171.20 million | $191.96 million | View | Listen | |
| 8/5/2015 | Q1 2016 | $0.50 | $0.60 | | $161.67 million | View | N/A | |
| 5/21/2015 | Q415 | $0.52 | $0.66 | | $141.20 million | View | N/A | |
| 1/29/2015 | Q315 | $0.59 | $0.74 | $144.50 million | $146.90 million | View | N/A | |
| 10/30/2014 | Q314 | $0.61 | $0.61 | $136.40 million | $139.30 million | View | N/A | |
| 5/22/2014 | Q114 | $0.44 | $0.47 | $123.00 million | $131.20 million | View | N/A | |
| 1/30/2014 | Q4 | | $0.66 | | | View | N/A | |
| 11/1/2012 | Q213 | | $0.18 | $130.00 million | $110.00 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Cavco Industries (NASDAQ:CVCO)Current Year EPS Consensus Estimate: $4.80 EPS
Next Year EPS Consensus Estimate: $5.60 EPS
Dividend History for Cavco Industries (NASDAQ:CVCO)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Cavco Industries (NASDAQ:CVCO)Insider Ownership Percentage: 8.44%
Institutional Ownership Percentage: 97.07%
Insider Trades by Quarter for Cavco Industries (NASDAQ:CVCO)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 6/22/2017 | William C Boor | Director | Sell | 3,000 | $130.59 | $391,770.00 | |
| 4/4/2017 | Joseph H Stegmayer | CEO | Sell | 25,000 | $116.25 | $2,906,250.00 | |
| 8/15/2016 | Steven G Bunger | Director | Sell | 11,000 | $101.20 | $1,113,200.00 | |
| 5/4/2016 | William C Boor | Director | Sell | 2,500 | $86.81 | $217,025.00 | |
| 4/15/2016 | Joseph H Stegmayer | CEO | Sell | 20,000 | $89.90 | $1,798,000.00 | |
| 3/18/2016 | Steven G Bunger | Director | Sell | 5,500 | $89.82 | $494,010.00 | |
| 12/1/2015 | Joseph H. Stegmayer | CEO | Sell | 20,000 | $92.86 | $1,857,200.00 | |
| 11/6/2015 | Charles E Lott | Insider | Sell | 1,516 | $95.25 | $144,399.00 | |
| 6/8/2015 | William C Boor | Director | Sell | 2,225 | $74.89 | $166,630.25 | |
| 2/21/2014 | Steven Bunger | Director | Sell | 5,000 | $73.51 | $367,550.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Cavco Industries (NASDAQ:CVCO)
Latest Headlines for Cavco Industries (NASDAQ:CVCO)
| Source: |
|
| Date | Headline |
|---|
 | Cavco Industries, Inc. breached its 50 day moving average in a Bearish Manner : CVCO-US : August 14, 2017
finance.yahoo.com - August 14 at 6:02 PM |
| Cavco Industries, Inc. :CVCO-US: Earnings Analysis: Q1, 2018 By the Numbers : August 10, 2017
finance.yahoo.com - August 10 at 6:57 PM |
| Edited Transcript of CVCO earnings conference call or presentation 8-Aug-17 3:00pm GMT
finance.yahoo.com - August 9 at 3:29 AM |
 | Cavco Industries, Inc. (NASDAQ:CVCO) Issues Quarterly Earnings Results
www.americanbankingnews.com - August 8 at 12:46 PM |
| Cavco Industries, Inc. (CVCO) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - August 8 at 10:51 AM |
| Cavco Industries, Inc. (CVCO) Raised to Hold at BidaskClub
www.americanbankingnews.com - August 6 at 11:56 AM |
 | Webcast Alert: Cavco Industries, Inc. Announces First Quarter Fiscal Year 2018 Earnings Release and Conference Call Webcast
feeds.benzinga.com - August 2 at 2:19 PM |
 | Validea James P. O'Shaughnessy Strategy Daily Upgrade Report -
www.nasdaq.com - July 29 at 12:38 AM |
| Cavco Industries, Inc. (CVCO) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - July 20 at 12:42 PM |
| Earnings Review and Free Research Report: KB Home’s Quarterly Revenue Surged 24%; Net Income More than Doubled
finance.yahoo.com - July 8 at 8:48 AM |
| Cavco Industries Gets A Composite Rating Upgrade
finance.yahoo.com - July 3 at 5:35 PM |
| Zacks: Analysts Set $114.00 Price Target for Cavco Industries, Inc. (NASDAQ:CVCO)
www.americanbankingnews.com - July 3 at 10:59 AM |
| ETFs with exposure to Cavco Industries, Inc. : June 28, 2017
finance.yahoo.com - June 28 at 5:29 PM |
| Cavco Industries, Inc. (CVCO) Director William C. Boor Sells 3,000 Shares
www.americanbankingnews.com - June 26 at 7:38 PM |
| Cavco Industries, Inc. (CVCO) Upgraded by BidaskClub to "Hold"
www.americanbankingnews.com - June 16 at 11:14 PM |
| Cavco Industries, Inc. :CVCO-US: Earnings Analysis: Q4, 2017 By the Numbers : June 16, 2017
finance.yahoo.com - June 16 at 5:22 PM |
| ETFs with exposure to Cavco Industries, Inc. : June 16, 2017
finance.yahoo.com - June 16 at 5:22 PM |
| Cavco Industries, Inc. (CVCO) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - June 16 at 10:32 AM |
| Cavco Industries, Inc. :CVCO-US: Earnings Analysis: 2017 By the Numbers : June 15, 2017
finance.yahoo.com - June 15 at 6:29 PM |
| Cavco Industries Inc (CVCO) Files 10-K for the Fiscal Year Ended on March 31, 2017
finance.yahoo.com - June 15 at 3:34 AM |
 | Cavco Industries Inc. (CVCO) Jumped To A New High After Q4 Report
www.rttnews.com - June 14 at 5:32 PM |
| Cavco Industries, Inc.: Leads amongst peers with strong fundamentals
finance.yahoo.com - June 14 at 5:32 PM |
| Edited Transcript of CVCO earnings conference call or presentation 13-Jun-17 5:00pm GMT
finance.yahoo.com - June 14 at 2:19 AM |
| Real estate stock jumps 11 percent after beating earnings; Dow, S&P 500 hit record highs
finance.yahoo.com - June 13 at 9:17 PM |
 | Cavco Industries' (CVCO) CEO Joe Stegmayer on Q4 2017 Results - Earnings Call Transcript
seekingalpha.com - June 13 at 4:16 PM |
| Investor Network: Cavco Industries, Inc. to Host Earnings Call
finance.yahoo.com - June 13 at 12:23 PM |
| Cavco Industries, Inc. (CVCO) Releases Quarterly Earnings Results
www.americanbankingnews.com - June 13 at 8:48 AM |
| Cavco Industries Reports Fiscal 2017 Fourth Quarter and Year End Results
finance.yahoo.com - June 12 at 5:34 PM |
| Cavco posts 4Q profit
finance.yahoo.com - June 12 at 5:34 PM |
| Cavco Industries, Inc. breached its 50 day moving average in a Bullish Manner : CVCO-US : June 5, 2017
finance.yahoo.com - June 5 at 11:59 AM |
| Webcast Alert: Cavco Industries, Inc. Announces Fourth Quarter Fiscal Year 2017 Earnings Release and Conference Call Webcast
feeds.benzinga.com - May 31 at 3:04 PM |
| Zacks: Cavco Industries, Inc. (CVCO) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - May 30 at 9:18 AM |
| Cavco Industries, Inc. breached its 50 day moving average in a Bullish Manner : CVCO-US : May 26, 2017
finance.yahoo.com - May 26 at 5:09 PM |
| Cavco Industries, Inc. (CVCO) Given $114.00 Consensus Price Target by Analysts
www.americanbankingnews.com - May 12 at 2:39 PM |
| Cavco Industries, Inc. breached its 50 day moving average in a Bearish Manner : CVCO-US : May 11, 2017
finance.yahoo.com - May 11 at 5:14 PM |
| Cavco Industries (CVCO) Earning Positive News Coverage, Report Shows
www.americanbankingnews.com - May 4 at 5:10 PM |
| Cavco Industries (CVCO) Earning Positive Media Coverage, Study Shows
www.americanbankingnews.com - May 1 at 5:12 PM |
| Cavco Industries (CVCO) Receives News Impact Rating of 0.31
www.americanbankingnews.com - April 23 at 5:06 PM |
| Cavco Industries, Inc. – Value Analysis (NASDAQ:CVCO) : April 19, 2017
finance.yahoo.com - April 19 at 4:34 PM |
| Cavco Industries, Inc. breached its 50 day moving average in a Bullish Manner : CVCO-US : April 18, 2017
finance.yahoo.com - April 18 at 12:09 PM |
| Cavco Industries (CVCO) Earning Very Positive Press Coverage, Study Shows
www.americanbankingnews.com - April 17 at 12:28 PM |
| Cavco Industries (CVCO) Given Daily Coverage Optimism Score of 0.17
www.americanbankingnews.com - April 15 at 12:17 AM |
| Cavco Industries, Inc. (CVCO) Short Interest Up 6.7% in March
www.americanbankingnews.com - April 10 at 7:48 AM |
| Cavco Industries, Inc. (CVCO) Expected to Announce Quarterly Sales of $0.00
www.americanbankingnews.com - April 9 at 8:36 AM |
| Cavco Industries Announces Closing of Acquisition of Lexington Homes
finance.yahoo.com - April 7 at 9:16 AM |
| Cavco Industries, Inc. (CVCO) CEO Joseph H. Stegmayer Sells 25,000 Shares
www.americanbankingnews.com - April 4 at 8:13 PM |
 | Cavco Industries (CVCO) Signs LOI to Acquire Lexington Homes
www.streetinsider.com - March 28 at 4:20 PM |
| Cavco Industries Announces Planned Acquisition of Lexington Homes
finance.yahoo.com - March 28 at 12:22 PM |
| 9:02 am Cavco Industries to acquire Lexington Homes; terms not disclosed
finance.yahoo.com - March 28 at 12:22 PM |
| Zacks: Cavco Industries, Inc. (CVCO) Receives Average Rating of "" from Brokerages
www.americanbankingnews.com - March 28 at 11:46 AM |
Cavco Industries (CVCO) Chart for Wednesday, August, 23, 2017
