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: Residential Construction
- Sub-Industry: Homebuilding
- Symbol: NASDAQ:CVCO
- CUSIP: 14956810
- Web: www.cavco.com
- Market Cap: $997.77 million
- Outstanding Shares: 8,993,000
- 50 Day Moving Avg: $116.84
- 200 Day Moving Avg: $107.67
- 52 Week Range: $85.56 - $121.70
Sales & Book Value:
- Trailing P/E Ratio: 29.58
- Foreward P/E Ratio: 24.12
- P/E Growth: 1.95
- Annual Revenue: $753.09 million
- Price / Sales: 1.32
- Book Value: $42.70 per share
- Price / Book: 2.60
- EBIDTA: $50.55 million
- Net Margins: 4.52%
- Return on Equity: 9.29%
- Return on Assets: 5.99%
- Debt-to-Equity Ratio: 0.13%
- Current Ratio: 2.66%
- Quick Ratio: 1.97%
- Average Volume: 38,049 shs.
- Beta: 1.58
- Short Ratio: 5.86
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) released its earnings results on Tuesday, August, 9th. The company reported $0.60 earnings per share for the quarter, hitting the consensus estimate of $0.60. The firm earned $185.10 million during the quarter, compared to analysts' expectations of $181.40 million. Cavco Industries had a return on equity of 9.29% and a net margin of 4.52%. The company's quarterly revenue was up 14.5% on a year-over-year basis. During the same period in the prior year, the company earned $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 brokerages have issued twelve-month price targets for Cavco Industries' stock. Their forecasts range from $114.00 to $114.00. On average, they expect Cavco Industries' stock 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 TRI Pointe Group (TPH), Ryland Group (RYL), KB Home (KBH), M.D.C. Holdings (MDC), Meritage Homes Corp (MTH), Taylor Morrison Home Corp (TMHC), William Lyon Homes (WLH), M/I Homes (MHO), Century Communities (CCS), Beazer Homes USA (BZH), Hovnanian Enterprises (HOV), AV Homes (AVHI), New Home Company (NWHM), Gafisa SA (GFA), UCP (UCP) and WCI Communities (WCIC).
Who owns Cavco Industries stock?
Cavco Industries' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (13.11%), Wells Fargo & Company MN (7.01%), Dimensional Fund Advisors LP (5.47%), Vanguard Group Inc. (4.91%), Gamco Investors INC. ET AL (4.08%) and FMR LLC (3.67%). 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, Columbia Wanger Asset Management LLC, Robotti Robert, Gamco Investors INC. ET AL, RMB Capital Management LLC, Ameriprise Financial Inc., Morgan Stanley and Gotham Asset Management LLC. Company insiders that have sold Cavco Industries stock in the last year include Joseph H Stegmayer and Steven G Bunger. View Insider Buying and Selling for Cavco Industries.
Who bought Cavco Industries stock? Who is buying Cavco Industries stock?
Cavco Industries' stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., FMR LLC, Ashford Capital Management Inc., RWC Asset Management LLP, Vanguard Group Inc., GW&K Investment Management LLC, William Blair Investment Management LLC and Bank of America Corp DE. 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.
How much does a share of Cavco Industries stock cost?
One share of Cavco Industries stock can currently be purchased for approximately $110.95.
Consensus Ratings for Cavco Industries (NASDAQ:CVCO) (?) The ratings breakdown includes the most recent rating from each analyst that has rated the stock within the last twelve months. The ratings score is a calculation of the average number of sell, hold, buy and strong buy ratings (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). The consensus price target is a mean average of the most recent price target set by each analyst that has set a price target for the stock in the last twelve months.
|Ratings Breakdown: ||1 Hold Rating|
|Consensus Rating:||Hold (Score: 2.00)|
|Consensus Price Target: ||$114.00 (2.75% upside)|
Analysts' Ratings History for Cavco Industries (NASDAQ:CVCO)
(Data available from 5/26/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
Earnings History for Cavco Industries (NASDAQ:CVCO)Earnings History by Quarter for Cavco Industries (NASDAQ:CVCO)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|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|
|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|
|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|
|11/1/2012||Q213||$0.18||$130.00 million||$110.00 million||View||N/A|
Earnings Estimates for Cavco Industries (NASDAQ:CVCO)
Current Year EPS Consensus Estimate: $4.00 EPS
Next Year EPS Consensus Estimate: $4.60 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: 9.58%Insider Trades by Quarter for Cavco Industries (NASDAQ:CVCO)
Institutional Ownership Percentage: 94.64%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|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|| |
Headline Trends for Cavco Industries (NASDAQ:CVCO)
Latest Headlines for Cavco Industries (NASDAQ:CVCO)
|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, Inc. (CVCO) Given Consensus Rating of "Hold" by Brokerages|
www.americanbankingnews.com - April 27 at 9:44 AM
|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 INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhi|
us.rd.yahoo.com - February 8 at 10:03 PM
|4:07 pm Cavco Industries beats by $0.38, beats on revs|
us.rd.yahoo.com - February 7 at 10:45 PM
|Dow Jones, Nasdaq open with new records; GM, Michael Kors down; Cavco, Boeing, Caterpillar up|
www.bizjournals.com - February 7 at 5:43 PM
|See which designer stock tanked, which local stock jumped and Disney’s miss as Nasdaq sets new record high|
www.bizjournals.com - February 7 at 5:43 PM
|Q3 2017 Cavco Industries Inc Earnings Release - After Market Close|
biz.yahoo.com - February 6 at 4:38 PM
|Cavco Industries Reports Fiscal 2017 Third Quarter Results|
finance.yahoo.com - February 6 at 4:38 PM
|Media, mouse ears, malls, Twitter and Trump: What to look for in stocks this week after Dow hits 20K|
www.bizjournals.com - February 5 at 4:32 PM
|Webcast Alert: Cavco Industries, Inc. Announces Third Quarter Fiscal Year 2017 Earnings Release and Conference Call Webcast|
feeds.benzinga.com - January 31 at 2:54 PM
|CAVCO INDUSTRIES INC Files SEC form 10-Q, Quarterly Report|
biz.yahoo.com - November 9 at 9:18 PM
|Q2 2017 Cavco Industries Inc Earnings Release - After Market Close|
biz.yahoo.com - November 8 at 11:36 AM
|Webcast Alert: Cavco Industries, Inc. Announces Second Quarter Fiscal Year 2017 Earnings Release and Conference Call Webcast|
finance.yahoo.com - November 3 at 10:02 PM
|Martin Whitman Exits Baxalta in 3rd Quarter|
finance.yahoo.com - October 24 at 4:22 PM
|CAVCO INDUSTRIES INC Financials|
finance.yahoo.com - August 31 at 4:26 PM
|Edited Transcript of CVCO earnings conference call or presentation 10-Aug-16 5:00pm GMT|
finance.yahoo.com - August 19 at 3:35 PM
|Q1 2017 Cavco Industries Inc Earnings Release - After Market Close|
biz.yahoo.com - August 9 at 9:46 AM
|Webcast Alert: Cavco Industries, Inc. Announces First Quarter Fiscal Year 2017 Earnings Release and Conference Call Webcast|
finance.yahoo.com - August 3 at 10:09 PM
|CAVCO INDUSTRIES INC Files SEC form 8-K, Submission of Matters to a Vote of Security Holders|
biz.yahoo.com - July 14 at 4:50 PM
|CAVCO INDUSTRIES INC Files SEC form 8-K, Change in Directors or Principal Officers|
biz.yahoo.com - June 30 at 6:01 AM
|CAVCO INDUSTRIES INC Files SEC form 10-K, Annual Report|
biz.yahoo.com - June 21 at 2:02 PM
|Cavco Industries: the Last House Standing|
finance.yahoo.com - June 3 at 2:47 PM
|Cavco Industries: The Last Home Standing|
finance.yahoo.com - June 2 at 9:01 AM
Cavco Industries (CVCO) Chart for Friday, May, 26, 2017