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NASDAQ:CVCOCavco Industries Stock Price, Forecast & News

$186.73
+4.15 (+2.27 %)
(As of 05/25/2020 11:09 AM ET)
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Today's Range
$175.51
Now: $186.73
$187.23
50-Day Range
$108.21
MA: $140.62
$170.74
52-Week Range
$99.58
Now: $186.73
$236.10
Volume64,750 shs
Average Volume66,209 shs
Market Capitalization$1.71 billion
P/E Ratio20.79
Dividend YieldN/A
Beta1.55
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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Beat the Market (BTM) Rank

Analyst Opinion: 1.0Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.99 out of 5 stars


Industry, Sector and Symbol

Industry Mobile homes
Sub-IndustryHomebuilding
SectorConstruction
Current SymbolNASDAQ:CVCO
CUSIP14956810
Phone602-256-6263

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$962.75 million
Cash Flow$8.06 per share
Book Value$58.21 per share

Profitability

Net Income$68.62 million

Miscellaneous

Employees4,650
Market Cap$1.71 billion
Next Earnings Date5/26/2020 (Confirmed)
OptionableOptionable

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Cavco Industries (NASDAQ:CVCO) Frequently Asked Questions

How has Cavco Industries' stock been impacted by COVID-19 (Coronavirus)?

Cavco Industries' stock was trading at $175.76 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CVCO stock has increased by 6.2% and is now trading at $186.73. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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.

When is Cavco Industries' next earnings date?

Cavco Industries is scheduled to release its next quarterly earnings announcement on Tuesday, May 26th 2020. View our earnings forecast for Cavco Industries.

How can I listen to Cavco Industries' earnings call?

Cavco Industries will be holding an earnings conference call on Tuesday, May 26th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Cavco Industries' earnings last quarter?

Cavco Industries, Inc. (NASDAQ:CVCO) announced its quarterly earnings data on Thursday, January, 30th. The construction company reported $2.25 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $2.01 by $0.24. The construction company had revenue of $273.70 million for 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 business's revenue was up 17.1% on a year-over-year basis. During the same period last year, the firm earned $1.44 EPS. View Cavco Industries' earnings history.

What price target have analysts set for CVCO?

1 Wall Street analysts have issued 12-month price objectives for Cavco Industries' shares. Their forecasts range from $142.00 to $142.00. On average, they expect Cavco Industries' share price to reach $142.00 in the next year. This suggests that the stock has a possible downside of 24.0%. View analysts' price targets for Cavco Industries.

Has Cavco Industries been receiving favorable news coverage?

News articles about CVCO stock have trended somewhat positive on Monday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Cavco Industries earned a media sentiment score of 1.5 on InfoTrie's scale. They also assigned media stories about the construction company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutCavco Industries.

Are investors shorting Cavco Industries?

Cavco Industries saw a increase in short interest in May. As of May 15th, there was short interest totaling 107,000 shares, an increase of 9.4% from the April 30th total of 97,800 shares. Based on an average daily trading volume, of 65,000 shares, the days-to-cover ratio is presently 1.6 days. Approximately 1.3% of the shares of the company are sold short. View Cavco Industries' Current Options Chain.

Who are some of Cavco Industries' key competitors?

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), Verizon Communications (VZ), Walt Disney (DIS), UnitedHealth Group (UNH), CVS Health (CVS), Applied Materials (AMAT), Bank of America (BAC), Home Depot (HD), Intel (INTC) and Netflix (NFLX).

Who are Cavco Industries' key executives?

Cavco Industries' management team includes the following people:
  • Mr. William C. Boor, Pres, CEO & Director (Age 53)
  • Mr. Daniel Loren Urness, Exec. VP, CFO & Treasurer (Age 51)
  • Mr. Steven Keith Like, Sr. VP (Age 62)
  • Mr. Charles E. Lott, Pres of Fleetwood Homes Inc (Age 71)
  • Mr. Joshua J. Barsetti, Principal Financial Officer & Chief Accounting Officer (Age 38)

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 variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.38%), Wellington Management Group LLP (7.28%), State Street Corp (3.15%), Gamco Investors INC. ET AL (2.90%), Bank of New York Mellon Corp (1.90%) and GW&K Investment Management LLC (1.75%). Company insiders that own Cavco Industries stock include Charles E Lott and Joseph H Stegmayer. 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 Bank of New York Mellon Corp, Ashford Capital Management Inc., BlackRock Inc., Tygh Capital Management Inc., Schroder Investment Management Group, Handelsbanken Fonder AB, GW&K Investment Management LLC, and Deutsche Bank AG. View insider buying and selling activity 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 Wellington Management Group LLP, Ziegler Capital Management LLC, William Blair Investment Management LLC, State Street Corp, Assenagon Asset Management S.A., Avalon Investment & Advisory, Canada Pension Plan Investment Board, and Crown Advisors Management Inc.. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Cavco Industries' stock price today?

One share of CVCO stock can currently be purchased for approximately $186.73.

How big of a company is Cavco Industries?

Cavco Industries has a market capitalization of $1.71 billion and generates $962.75 million in revenue each year. Cavco Industries employs 4,650 workers across the globe.

What is Cavco Industries' official website?

The official website for Cavco Industries is 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]

This page was last updated on 5/25/2020 by MarketBeat.com Staff

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