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

Cavco Industries trades on the NASDAQ under the ticker symbol "CVCO."

Cavco Industries, Inc. (NASDAQ:CVCO) posted its earnings results on Thursday, January, 30th. The construction company reported $2.25 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $2.01 by $0.24. The construction company earned $273.70 million during the quarter, compared to analysts' expectations of $262.34 million. Cavco Industries had a net margin of 7.93% and a return on equity of 14.60%. The company's revenue was up 17.1% compared to the same quarter last year. During the same period in the previous year, the company earned $1.44 earnings per share. View Cavco Industries' Earnings History.

Cavco Industries is scheduled to release their next quarterly earnings announcement on Thursday, May 28th 2020. View Earnings Estimates for Cavco Industries.

1 Wall Street analysts have issued twelve-month price targets for Cavco Industries' stock. Their forecasts range from $215.00 to $215.00. On average, they expect Cavco Industries' share price to reach $215.00 in the next year. This suggests that the stock has a possible downside of 6.5%. View Analyst Price Targets 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.

News headlines about CVCO stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Cavco Industries earned a news sentiment score of 1.8 on InfoTrie's scale. They also assigned news coverage about the construction company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Cavco Industries.

Cavco Industries saw a drop in short interest in January. As of January 31st, there was short interest totalling 142,200 shares, a drop of 11.5% from the January 15th total of 160,600 shares. Based on an average trading volume of 42,600 shares, the short-interest ratio is presently 3.3 days. Approximately 1.7% of the shares of the company are short sold. View Cavco Industries' Current Options Chain.

Some companies that are related to Cavco Industries include D. R. Horton (DHI), Lennar (LEN), NVR (NVR), PulteGroup (PHM), Toll Brothers (TOL), KB Home (KBH), M.D.C. (MDC), Meritage Homes (MTH), TRI Pointe Group (TPH), M/I Homes (MHO), Beazer Homes USA (BZH) and Hovnanian Enterprises (HOV).

Based on aggregate information from My MarketBeat watchlists, some companies that other Cavco Industries investors own include AT&T (T), Walt Disney (DIS), Home Depot (HD), UnitedHealth Group (UNH), Verizon Communications (VZ), CVS Health (CVS), Bank of America (BAC), Applied Materials (AMAT), Netflix (NFLX) and NVIDIA (NVDA).

Cavco Industries' stock is owned by a variety of of institutional and retail investors. Top institutional investors include State Street Corp (2.95%), Bank of New York Mellon Corp (2.57%), GW&K Investment Management LLC (1.99%), Handelsbanken Fonder AB (1.83%), Schroder Investment Management Group (1.73%) and Renaissance Technologies LLC (1.50%). Company insiders that own Cavco Industries stock include Charles E Lott and Joseph H Stegmayer. View Institutional Ownership Trends for Cavco Industries.

CVCO stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, PNC Financial Services Group Inc., Russell Investments Group Ltd., State Street Corp, UBS Group AG, Bank of America Corp DE, GW&K Investment Management LLC and Arizona State Retirement System. View Insider Buying and Selling for Cavco Industries.

CVCO stock was purchased by a variety of institutional investors in the last quarter, including Handelsbanken Fonder AB, Prudential Financial Inc., Renaissance Technologies LLC, Tygh Capital Management Inc., Great West Life Assurance Co. Can, Handelsinvest Investeringsforvaltning, Schroder Investment Management Group and Granite Investment Partners LLC. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of CVCO stock can currently be purchased for approximately $229.84.

Cavco Industries has a market capitalization of $2.10 billion and generates $962.75 million in revenue each year. Cavco Industries employs 4,650 workers across the globe.View Additional Information About Cavco Industries.

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

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]