NASDAQ:CVCO - Cavco Industries Stock Price, Price Target & More

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$220.10 -4.80 (-2.13 %)
(As of 07/22/2018 10:57 AM ET)
Previous Close$220.10
Today's Range$220.05 - $225.00
52-Week Range$123.10 - $225.00
Volume22,529 shs
Average Volume48,097 shs
Market Capitalization$1.99 billion
P/E Ratio36.26
Dividend YieldN/A
Beta1.47
Cavco Industries logoCavco 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 Homes, Fleetwood Homes, Palm Harbor Homes, Fairmont Homes, Friendship Homes, Chariot Eagle, and Lexington Home brands. It also builds park model RVs; vacation cabins; and systems-built commercial structures, including apartment buildings, condominiums, hotels, workforce housing, schools, and housing for the United States military troops. In addition, the company produces modular homes, such as single and multi-module ranch, split-level, and Cape Cod style homes, as well as two and three story homes and multi-family units primarily under the Nationwide Homes brand. Further, it provides conforming mortgages, non-conforming mortgages, and home-only loans to purchasers of various brands of factory-built homes sold by company-owned retail sales centers, as well as various independent retailers, builders, communities, and developers. Additionally, the company offers property and casualty insurance to owners of manufactured homes. As of March 31, 2018, it operated 39 retail centers in Oregon, Arizona, New Mexico, Texas, Oklahoma, and Florida, Texas. The company also distributes its homes through a network of independent distribution points in 47 states, as well as Canada and Japan; and through planned community operators and residential developers. Cavco Industries, Inc. was founded in 1965 and is headquartered in Phoenix, Arizona.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Mobile homes
Sub-IndustryHomebuilding
SectorConstruction
SymbolNASDAQ:CVCO
CUSIP14956810
Phone602-256-6263

Debt

Debt-to-Equity Ratio0.07
Current Ratio2.37
Quick Ratio1.75

Price-To-Earnings

Trailing P/E Ratio36.26
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$871.23 million
Price / Sales2.28
Cash Flow$6.6315 per share
Price / Cash33.19
Book Value$50.58 per share
Price / Book4.35

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$61.50 million
Net Margins7.06%
Return on Equity13.08%
Return on Assets8.67%

Miscellaneous

Employees4,500
Outstanding Shares9,040,000
Market Cap$1,990.78

Cavco Industries (NASDAQ:CVCO) Frequently Asked Questions

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) issued its quarterly earnings data on Tuesday, May, 29th. The construction company reported $2.40 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.62 by $0.78. The construction company earned $242.53 million during the quarter, compared to the consensus estimate of $220.06 million. Cavco Industries had a return on equity of 13.08% and a net margin of 7.06%. The business's revenue for the quarter was up 22.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.19 EPS. View Cavco Industries' Earnings History.

What price target have analysts set for CVCO?

2 equities research analysts have issued 12 month target prices for Cavco Industries' stock. Their forecasts range from $220.00 to $220.00. On average, they anticipate Cavco Industries' stock price to reach $220.00 in the next year. This suggests that the stock has a possible downside of 0.0%. View Analyst Ratings for Cavco Industries.

What is the consensus analysts' recommendation for Cavco Industries?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cavco Industries in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy."

Who are some of Cavco Industries' key competitors?

Who are Cavco Industries' key executives?

Cavco Industries' management team includes the folowing people:
  • Mr. Joseph H. Stegmayer, Chairman, Pres & CEO (Age 67)
  • Mr. Daniel Loren Urness, CFO, Exec. VP & Treasurer (Age 50)
  • Mr. Steven Keith Like, Sr. VP (Age 61)
  • Mr. Charles E. Lott, Pres of Fleetwood Homes Inc (Age 70)
  • Mr. James P. Glew, Gen. Counsel & Sec.

Has Cavco Industries been receiving favorable news coverage?

Press coverage about CVCO stock has trended somewhat positive recently, Accern reports. The research group identifies positive and negative news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Cavco Industries earned a media sentiment score of 0.18 on Accern's scale. They also gave news stories about the construction company an impact score of 45.53 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Who are Cavco Industries' major shareholders?

Cavco Industries' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Handelsbanken Fonder AB (1.26%), Dalton Greiner Hartman Maher & Co. (0.22%), SG Capital Management LLC (0.20%), Foundry Partners LLC (0.19%), Municipal Employees Retirement System of Michigan (0.03%) and Capital One National Association (0.02%). Company insiders that own Cavco Industries stock include David A Greenblatt, Jack Hanna, Joseph H Stegmayer, Steven G Bunger and William C Boor. View Institutional Ownership Trends for Cavco Industries.

Which institutional investors are selling Cavco Industries stock?

CVCO stock was sold by a variety of institutional investors in the last quarter, including SG Capital Management LLC, Handelsbanken Fonder AB, Municipal Employees Retirement System of Michigan and Foundry Partners LLC. Company insiders that have sold Cavco Industries company stock in the last year include David A Greenblatt, Jack Hanna, Joseph H Stegmayer, Steven G Bunger and William C Boor. View Insider Buying and Selling for Cavco Industries.

Which institutional investors are buying Cavco Industries stock?

CVCO stock was purchased by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co., Capital One National Association and Bank of Montreal Can. View Insider Buying and Selling for Cavco Industries.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Cavco Industries' stock price today?

One share of CVCO stock can currently be purchased for approximately $220.10.

How big of a company is Cavco Industries?

Cavco Industries has a market capitalization of $1.99 billion and generates $871.23 million in revenue each year. Cavco Industries employs 4,500 workers across the globe.

How can I contact Cavco Industries?

Cavco Industries' mailing address is 1001 NORTH CENTRAL AVENUE SUITE 800, PHOENIX AZ, 85004. The construction company can be reached via phone at 602-256-6263 or via email at [email protected]


MarketBeat Community Rating for Cavco Industries (NASDAQ CVCO)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  94 (Vote Outperform)
Underperform Votes:  88 (Vote Underperform)
Total Votes:  182
MarketBeat's community ratings are surveys of what our community members think about Cavco Industries and other stocks. Vote "Outperform" if you believe CVCO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CVCO will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/22/2018 by MarketBeat.com Staff

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