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

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$145.20 +0.46 (+0.32 %)
(As of 12/12/2018 04:00 PM ET)
Previous Close$144.74
Today's Range$142.86 - $149.95
52-Week Range$140.00 - $261.80
Volume50,500 shs
Average Volume56,500 shs
Market Capitalization$1.37 billion
P/E Ratio19.00
Dividend YieldN/A
Beta1.62
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 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
Current SymbolNASDAQ:CVCO
Previous Symbol
CUSIP14956810
Phone602-256-6263

Debt

Debt-to-Equity Ratio0.03
Current Ratio2.28
Quick Ratio1.71

Price-To-Earnings

Trailing P/E Ratio19.00
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$871.23 million
Price / Sales1.52
Cash Flow$6.4078 per share
Price / Cash Flow22.66
Book Value$50.58 per share
Price / Book2.87

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$61.50 million
Net Margins8.28%
Return on Equity15.72%
Return on Assets10.74%

Miscellaneous

Employees4,500
Outstanding Shares9,100,000
Market Cap$1.37 billion
OptionableOptionable

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 Friday, November, 9th. The construction company reported $1.67 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.49 by $0.18. The construction company earned $241.53 million during the quarter, compared to the consensus estimate of $240.53 million. Cavco Industries had a return on equity of 15.72% and a net margin of 8.28%. The firm's revenue was up 20.5% compared to the same quarter last year. During the same period last year, the company earned $0.67 earnings per share. View Cavco Industries' Earnings History.

When is Cavco Industries' next earnings date?

Cavco Industries is scheduled to release their next quarterly earnings announcement on Tuesday, February 5th 2019. View Earnings Estimates for Cavco Industries.

What price target have analysts set for CVCO?

1 brokers have issued twelve-month target prices for Cavco Industries' shares. Their forecasts range from $170.00 to $170.00. On average, they anticipate Cavco Industries' share price to reach $170.00 in the next year. This suggests a possible upside of 17.1% from the stock's current price. View Analyst Price Targets for Cavco Industries.

What is the consensus analysts' recommendation 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.

Has Cavco Industries been receiving favorable news coverage?

News headlines about CVCO stock have trended somewhat positive recently, according to InfoTrie Sentiment. The research firm identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Cavco Industries earned a media sentiment score of 1.0 on InfoTrie's scale. They also gave press coverage about the construction company a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Who are some of Cavco Industries' key competitors?

Who are Cavco Industries' key executives?

Cavco Industries' management team includes the folowing people:
  • Mr. Daniel Loren Urness, Pres & Acting Chief Exec. Officer (Age 50)
  • Mr. Steven Keith Like, Sr. VP (Age 61)
  • Mr. Charles E. Lott, Pres of Fleetwood Homes Inc (Age 70)
  • Mr. Joshua J. Barsetti, Principal Financial Officer & Chief Accounting Officer (Age 38)
  • Mr. James P. Glew, Gen. Counsel & Sec.

Who are Cavco Industries' major shareholders?

Cavco Industries' stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.33%), Vanguard Group Inc. (7.48%), FMR LLC (6.77%), Dimensional Fund Advisors LP (5.02%), Renaissance Technologies LLC (3.54%) and Gamco Investors INC. ET AL (3.35%). Company insiders that own Cavco Industries stock include Charles E Lott, David A Greenblatt, Jack Hanna, Joseph H Stegmayer, Steven G Bunger and William C Boor. 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 RWC Asset Management LLP, Dimensional Fund Advisors LP, FMR LLC, Schroder Investment Management Group, Hsbc Holdings PLC, Wells Fargo & Company MN, Robotti Robert and William Blair Investment Management LLC. Company insiders that have sold Cavco Industries company stock in the last year include Charles E Lott, Joseph H Stegmayer and William C Boor. View Insider Buying and Selling for Cavco Industries.

Which major investors are buying Cavco Industries stock?

CVCO stock was bought by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Prudential Financial Inc., Teachers Advisors LLC, Morgan Stanley, BlackRock Inc., United Capital Management of KS Inc., Renaissance Technologies LLC and American Century Companies Inc.. 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 $145.20.

How big of a company is Cavco Industries?

Cavco Industries has a market capitalization of $1.37 billion and generates $871.23 million in revenue each year. Cavco Industries employs 4,500 workers across the globe.

What is Cavco Industries' official website?

The official website for Cavco Industries is http://www.cavco.com.

How can I contact Cavco Industries?

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]


MarketBeat Community Rating for Cavco Industries (NASDAQ CVCO)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  121 (Vote Outperform)
Underperform Votes:  119 (Vote Underperform)
Total Votes:  240
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 12/12/2018 by MarketBeat.com Staff

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