S&P 500   4,280.15 (+1.73%)
DOW   33,761.05 (+1.27%)
QQQ   330.15 (+1.87%)
AAPL   171.98 (+2.07%)
MSFT   291.87 (+1.69%)
META   180.22 (+1.54%)
GOOGL   121.34 (+2.10%)
AMZN   143.47 (+2.01%)
TSLA   900.00 (+4.66%)
NVDA   187.14 (+4.30%)
NIO   21.11 (+1.39%)
BABA   94.68 (-0.20%)
AMD   100.80 (+2.73%)
MU   64.96 (+4.24%)
T   18.24 (+1.11%)
CGC   3.30 (+4.76%)
GE   79.94 (+1.32%)
F   16.18 (+2.21%)
DIS   121.57 (+3.30%)
AMC   24.46 (-3.93%)
PYPL   100.85 (+1.76%)
PFE   50.11 (+3.77%)
NFLX   249.30 (+2.72%)
S&P 500   4,280.15 (+1.73%)
DOW   33,761.05 (+1.27%)
QQQ   330.15 (+1.87%)
AAPL   171.98 (+2.07%)
MSFT   291.87 (+1.69%)
META   180.22 (+1.54%)
GOOGL   121.34 (+2.10%)
AMZN   143.47 (+2.01%)
TSLA   900.00 (+4.66%)
NVDA   187.14 (+4.30%)
NIO   21.11 (+1.39%)
BABA   94.68 (-0.20%)
AMD   100.80 (+2.73%)
MU   64.96 (+4.24%)
T   18.24 (+1.11%)
CGC   3.30 (+4.76%)
GE   79.94 (+1.32%)
F   16.18 (+2.21%)
DIS   121.57 (+3.30%)
AMC   24.46 (-3.93%)
PYPL   100.85 (+1.76%)
PFE   50.11 (+3.77%)
NFLX   249.30 (+2.72%)
S&P 500   4,280.15 (+1.73%)
DOW   33,761.05 (+1.27%)
QQQ   330.15 (+1.87%)
AAPL   171.98 (+2.07%)
MSFT   291.87 (+1.69%)
META   180.22 (+1.54%)
GOOGL   121.34 (+2.10%)
AMZN   143.47 (+2.01%)
TSLA   900.00 (+4.66%)
NVDA   187.14 (+4.30%)
NIO   21.11 (+1.39%)
BABA   94.68 (-0.20%)
AMD   100.80 (+2.73%)
MU   64.96 (+4.24%)
T   18.24 (+1.11%)
CGC   3.30 (+4.76%)
GE   79.94 (+1.32%)
F   16.18 (+2.21%)
DIS   121.57 (+3.30%)
AMC   24.46 (-3.93%)
PYPL   100.85 (+1.76%)
PFE   50.11 (+3.77%)
NFLX   249.30 (+2.72%)
S&P 500   4,280.15 (+1.73%)
DOW   33,761.05 (+1.27%)
QQQ   330.15 (+1.87%)
AAPL   171.98 (+2.07%)
MSFT   291.87 (+1.69%)
META   180.22 (+1.54%)
GOOGL   121.34 (+2.10%)
AMZN   143.47 (+2.01%)
TSLA   900.00 (+4.66%)
NVDA   187.14 (+4.30%)
NIO   21.11 (+1.39%)
BABA   94.68 (-0.20%)
AMD   100.80 (+2.73%)
MU   64.96 (+4.24%)
T   18.24 (+1.11%)
CGC   3.30 (+4.76%)
GE   79.94 (+1.32%)
F   16.18 (+2.21%)
DIS   121.57 (+3.30%)
AMC   24.46 (-3.93%)
PYPL   100.85 (+1.76%)
PFE   50.11 (+3.77%)
NFLX   249.30 (+2.72%)
NASDAQ:CVCO

Cavco Industries - CVCO Stock Forecast, Price & News

$284.39
+6.12 (+2.20%)
(As of 08/12/2022 03:59 PM ET)
Add
Compare
Today's Range
$280.11
$285.64
50-Day Range
$184.55
$280.70
52-Week Range
$179.47
$327.24
Volume
1,194 shs
Average Volume
60,426 shs
Market Capitalization
$2.53 billion
P/E Ratio
11.35
Dividend Yield
N/A
Price Target
$360.00

Cavco Industries MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
26.8% Upside
$360.00 Price Target
Short Interest
Bearish
3.47% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.00mentions of Cavco Industries in the last 14 days
Based on 18 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
1.37%
From $24.05 to $24.38 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.36 out of 5 stars

Construction Sector

37th out of 105 stocks

Mobile Homes Industry

1st out of 3 stocks

CVCO stock logo

About Cavco Industries (NASDAQ:CVCO) Stock

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, Fleetwood, Palm Harbor, Nationwide, Fairmont, Friendship, Chariot Eagle, Destiny, Commodore, Colony, Pennwest, R-Anell, Manorwood, and MidCountry brands. It also builds park model RVs; vacation cabins; and factory-built commercial structures, including apartment buildings, condominiums, hotels, workforce housing, schools, and housing for the United States military troops. In addition, the company produces various modular homes, which include single and multi-section ranch, split-level, and Cape Cod style homes, as well as two- and three-story homes, and multi-family units. Further, it provides conforming and non-conforming mortgages and home-only loans to purchasers of various brands of factory-built homes sold by company-owned retail stores, as well as various independent distributors, builders, communities, and developers. Additionally, the company offers property and casualty insurance to owners of manufactured homes. As of April 3, 2022, it operated 45 company-owned retail stores in Oregon, Arizona, Nevada, New Mexico, Texas, Indiana, Oklahoma, Florida, and New York. The company also distributes its homes through a network of independent distribution points in 48 states and Canada; and through planned community operators and residential developers. Cavco Industries, Inc. was founded in 1965 and is headquartered in Phoenix, Arizona.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Craig Hallum lifted their price objective on shares of Cavco Industries from $322.00 to $335.00 in a research note on Monday. StockNews.com upgraded shares of Cavco Industries from a "hold" rating to a "buy" rating in a report on Friday, July 1st. Finally, Wedbush raised shares of Cavco Industries from a "neutral" rating to an "outperform" rating and boosted their target price for the company from $315.00 to $385.00 in a research report on Friday, August 5th.

Cavco Industries Price Performance

CVCO traded up $6.18 on Friday, hitting $284.45. 930 shares of the stock were exchanged, compared to its average volume of 60,426. Cavco Industries has a 12 month low of $179.47 and a 12 month high of $327.24. The business has a 50-day moving average of $223.22 and a two-hundred day moving average of $243.33. The firm has a market capitalization of $2.53 billion, a price-to-earnings ratio of 11.10 and a beta of 1.14.

Cavco Industries (NASDAQ:CVCO - Get Rating) last posted its earnings results on Thursday, August 4th. The construction company reported $6.63 EPS for the quarter, topping analysts' consensus estimates of $3.95 by $2.68. The firm had revenue of $588.34 million during the quarter, compared to analysts' expectations of $402.00 million. Cavco Industries had a net margin of 12.22% and a return on equity of 24.87%. Equities research analysts expect that Cavco Industries will post 24.05 earnings per share for the current fiscal year.

Receive CVCO Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Cavco Industries and its competitors with MarketBeat's FREE daily newsletter.

CVCO Stock News Headlines

Cavco Industries (NASDAQ:CVCO) Raised to Outperform at Wedbush
Cavco Industries Q1 Earnings Smashes Estimates
Cavco (CVCO) Q1 Earnings and Revenues Top Estimates
Cavco Industries: Finally Worth Considering
Cavco Industries Tops Q4 EPS by 99c
See More Headlines
Receive CVCO Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Cavco Industries and its competitors with MarketBeat's FREE daily newsletter.

CVCO Company Calendar

Last Earnings
8/04/2022
Today
8/12/2022
Next Earnings (Estimated)
11/03/2022
Fiscal Year End
3/31/2023

Industry, Sector and Symbol

Industry
Mobile homes
Sub-Industry
Homebuilding
Current Symbol
NASDAQ:CVCO
CUSIP
14956810
Employees
6,300
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$360.00
High Stock Price Forecast
$385.00
Low Stock Price Forecast
$335.00
Forecasted Upside/Downside
+26.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$197.70 million
Pretax Margin
13.57%

Debt

Sales & Book Value

Annual Sales
$1.63 billion
Cash Flow
$19.90 per share
Book Value
$95.75 per share

Miscellaneous

Free Float
8,749,000
Market Cap
$2.53 billion
Optionable
Optionable
Beta
1.14

Key Executives

  • Mr. William C. Boor (Age 56)
    Pres, CEO & Director
    Comp: $2.8M
  • Ms. Allison K. Aden (Age 61)
    Exec. VP, CFO & Treasurer
    Comp: $860.47k
  • Mr. Paul W. Bigbee (Age 54)
    Chief Accounting Officer
    Comp: $356.94k
  • Mr. Mickey R. Dragash (Age 52)
    Exec. VP, Gen. Counsel, Chief Compliance Officer & Corp. Sec.
    Comp: $693.36k
  • Mr. Matthew Allen Nino (Age 54)
    Pres of Retail
    Comp: $1.42M
  • Mr. Brian R. Cira (Age 60)
    Pres of Manufactured Housing
    Comp: $1.32M
  • Mr. Anthony R. Crutcher
    Chief Information Officer
  • Mr. Mark Fusler
    Director of Financial Reporting & Investor Relations
  • Ms. Colleen J. Rogers
    Sr. VP of Marketing & Communications
  • Mr. Steven Keith Like (Age 65)
    Sr. VP of Corp. Devel.













CVCO Stock - Frequently Asked Questions

Should I buy or sell Cavco Industries stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cavco Industries in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CVCO shares.
View CVCO analyst ratings
or view top-rated stocks.

What is Cavco Industries' stock price forecast for 2022?

2 brokerages have issued 1-year price targets for Cavco Industries' stock. Their CVCO share price forecasts range from $335.00 to $385.00. On average, they expect the company's stock price to reach $360.00 in the next twelve months. This suggests a possible upside of 26.5% from the stock's current price.
View analysts price targets for CVCO
or view top-rated stocks among Wall Street analysts.

How have CVCO shares performed in 2022?

Cavco Industries' stock was trading at $317.65 on January 1st, 2022. Since then, CVCO shares have decreased by 10.4% and is now trading at $284.50.
View the best growth stocks for 2022 here
.

When is Cavco Industries' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our CVCO earnings forecast
.

How were Cavco Industries' earnings last quarter?

Cavco Industries, Inc. (NASDAQ:CVCO) announced its quarterly earnings data on Thursday, August, 4th. The construction company reported $6.63 EPS for the quarter, beating analysts' consensus estimates of $3.95 by $2.68. The construction company had revenue of $588.34 million for the quarter, compared to the consensus estimate of $402 million. Cavco Industries had a net margin of 12.22% and a trailing twelve-month return on equity of 24.87%.

What other stocks do shareholders of Cavco Industries own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cavco Industries investors own include AT&T (T), AbbVie (ABBV), Home Depot (HD), Verizon Communications (VZ), Block (SQ), CVS Health (CVS), Walt Disney (DIS), NVIDIA (NVDA), Advanced Micro Devices (AMD) and Bank of America (BAC).

What is Cavco Industries' stock symbol?

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

Who are Cavco Industries' major shareholders?

Cavco Industries' stock is owned by a number of institutional and retail investors. Top institutional investors include Boston Trust Walden Corp (2.74%), Handelsbanken Fonder AB (1.69%), Kennedy Capital Management Inc. (1.08%), FMR LLC (0.70%), Handelsinvest Investeringsforvaltning (0.67%) and Principal Financial Group Inc. (0.64%).
View institutional ownership trends
.

How do I buy shares of Cavco Industries?

Shares of CVCO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Cavco Industries' stock price today?

One share of CVCO stock can currently be purchased for approximately $284.50.

How much money does Cavco Industries make?

Cavco Industries (NASDAQ:CVCO) has a market capitalization of $2.53 billion and generates $1.63 billion in revenue each year. The construction company earns $197.70 million in net income (profit) each year or $25.06 on an earnings per share basis.

How many employees does Cavco Industries have?

The company employs 6,300 workers across the globe.

How can I contact Cavco Industries?

Cavco Industries' mailing address is 3636 North Central Avenue Suite 1200, Phoenix AZ, 85012. The official website for the company is www.cavco.com. The construction company can be reached via phone at (602) 256-6263, via email at investor_relations@cavco.com, or via fax at 602-256-6189.

This page (NASDAQ:CVCO) was last updated on 8/12/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.