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Consumer Cyclical - Residential Construction - NASDAQ - US
$ 465.23
0.0602 %
$ 3.77 B
Market Cap
26.24
P/E
1. INTRINSIC VALUE

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.[ Read More ]

The intrinsic value of one CVCO stock under the base case scenario is HIDDEN Compared to the current market price of 465 USD, Cavco Industries, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart CVCO

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FINANCIALS
1.79 B REVENUE
-16.24%
179 M OPERATING INCOME
-3.14%
158 M NET INCOME
-34.47%
225 M OPERATING CASH FLOW
-12.13%
-31.7 M INVESTING CASH FLOW
75.48%
-108 M FINANCING CASH FLOW
-5.40%
507 M REVENUE
6.25%
49.1 M OPERATING INCOME
27.43%
43.8 M NET INCOME
27.26%
54.7 M OPERATING CASH FLOW
15.38%
-5.68 M INVESTING CASH FLOW
-6.19%
-41.7 M FINANCING CASH FLOW
-30.93%
Balance Sheet Decomposition Cavco Industries, Inc.
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Current Assets 852 M
Cash & Short-Term Investments 371 M
Receivables 141 M
Other Current Assets 340 M
Non-Current Assets 502 M
Long-Term Investments 17.3 M
PP&E 263 M
Other Non-Current Assets 222 M
Current Liabilities 273 M
Accounts Payable 33.5 M
Short-Term Debt 0
Other Current Liabilities 240 M
Non-Current Liabilities 47.5 M
Long-Term Debt 35.1 M
Other Non-Current Liabilities 12.3 M
EFFICIENCY
Earnings Waterfall Cavco Industries, Inc.
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Revenue 1.79 B
Cost Of Revenue 1.37 B
Gross Profit 427 M
Operating Expenses 248 M
Operating Income 179 M
Other Expenses 21.2 M
Net Income 158 M
RATIOS
23.79% GROSS MARGIN
23.79%
9.97% OPERATING MARGIN
9.97%
8.79% NET MARGIN
8.79%
15.27% ROE
15.27%
11.65% ROA
11.65%
13.73% ROIC
13.73%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Cavco Industries, Inc.
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Net Income 158 M
Depreciation & Amortization 18.5 M
Capital Expenditures -17.4 M
Stock-Based Compensation 6.76 M
Change in Working Capital 0
Others 44.7 M
Free Cash Flow 207 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Cavco Industries, Inc.
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Wall Street analysts predict an average 1-year price target for CVCO of $457 , with forecasts ranging from a low of $422 to a high of $495 .
CVCO Lowest Price Target Wall Street Target
422 USD -9.29%
CVCO Average Price Target Wall Street Target
457 USD -1.70%
CVCO Highest Price Target Wall Street Target
495 USD 6.40%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Cavco Industries, Inc.
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Sold
0-3 MONTHS
2.55 M USD 4
3-6 MONTHS
211 K USD 1
6-9 MONTHS
96.2 K USD 1
9-12 MONTHS
3.01 M USD 3
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
1 week ago
Nov 08, 2024
Sell 57.3 K USD
SZE JULIA
Director
- 125
458.68 USD
2 months ago
Sep 12, 2024
Sell 1.64 M USD
BUNGER STEVEN G
Director
- 4000
409.2 USD
2 months ago
Sep 12, 2024
Sell 822 K USD
Blount Susan L
Director
- 2000
411.05 USD
2 months ago
Sep 11, 2024
Sell 35.3 K USD
BIGBEE PAUL
Chief Accounting Officer
- 88
401.4 USD
3 months ago
Aug 06, 2024
Sell 206 K USD
Like Steven K.
Senior Vice President
- 561
366.49 USD
3 months ago
Aug 06, 2024
Sell 5.2 K USD
Like Steven K.
Senior Vice President
- 14
371.65 USD
9 months ago
Feb 14, 2024
Sell 96.2 K USD
BIGBEE PAUL
Chief Accounting Officer
- 262
367.13 USD
9 months ago
Feb 09, 2024
Sell 849 K USD
Nino Matthew A
President, Retail
- 2357
360 USD
1 year ago
Nov 17, 2023
Sell 843 K USD
Like Steven K.
Senior Vice President
- 3000
281.11 USD
1 year ago
Nov 17, 2023
Sell 150 K USD
Like Steven K.
Senior Vice President
- 530
282.82 USD
1 year ago
Nov 15, 2023
Sell 1.02 M USD
BUNGER STEVEN G
Director
- 3502
292.64 USD
1 year ago
Nov 15, 2023
Sell 146 K USD
BUNGER STEVEN G
Director
- 498
293.87 USD
1 year ago
Mar 07, 2023
Sell 870 K USD
Ryan Gavin
See remarks
- 3000
290.03 USD
1 year ago
Mar 03, 2023
Sell 51.8 K USD
Greenblatt David A.
Director
- 181
286.25 USD
1 year ago
Mar 03, 2023
Sell 5.47 K USD
Greenblatt David A.
Director
- 19
287.75 USD
1 year ago
Mar 03, 2023
Sell 87.2 K USD
Greenblatt David A.
Director
- 300
290.8 USD
1 year ago
Mar 03, 2023
Sell 87.8 K USD
Greenblatt David A.
Director
- 303
289.67 USD
1 year ago
Mar 03, 2023
Sell 240 K USD
Greenblatt David A.
Director
- 820
292.09 USD
1 year ago
Mar 03, 2023
Sell 902 K USD
Greenblatt David A.
Director
- 3098
291.02 USD
1 year ago
Mar 03, 2023
Sell 117 K USD
Greenblatt David A.
Director
- 399
292.43 USD
1 year ago
Mar 03, 2023
Sell 844 K USD
Greenblatt David A.
Director
- 2880
292.94 USD
2 years ago
Aug 09, 2022
Sell 167 K USD
Greenblatt David A.
director:
- 600
277.64 USD
3 years ago
Nov 11, 2021
Sell 819 K USD
Like Steven K.
Senior Vice President
- 2800
292.6 USD
3 years ago
Aug 25, 2021
Sell 7.36 K USD
BUNGER STEVEN G
Director
- 29
253.83 USD
3 years ago
Aug 25, 2021
Sell 6.39 K USD
BUNGER STEVEN G
Director
- 25
255.47 USD
3 years ago
Aug 25, 2021
Sell 106 K USD
BUNGER STEVEN G
Director
- 412
256.86 USD
3 years ago
Aug 25, 2021
Sell 484 K USD
BUNGER STEVEN G
Director
- 1878
257.89 USD
3 years ago
Aug 25, 2021
Sell 84.9 K USD
BUNGER STEVEN G
Director
- 328
258.91 USD
3 years ago
Aug 25, 2021
Sell 11.2 K USD
BUNGER STEVEN G
Director
- 43
260.24 USD
3 years ago
Aug 11, 2021
Sell 569 K USD
Nino Matthew A
President, Retail
- 2250
253 USD
3 years ago
Feb 10, 2021
Sell 90.7 K USD
Greenblatt David A.
Director
- 420
215.84 USD
3 years ago
Feb 10, 2021
Sell 60.6 K USD
Greenblatt David A.
Director
- 280
216.51 USD
3 years ago
Feb 10, 2021
Sell 109 K USD
Greenblatt David A.
Director
- 500
217.58 USD
3 years ago
Feb 10, 2021
Sell 180 K USD
Greenblatt David A.
Director
- 821
218.84 USD
3 years ago
Feb 09, 2021
Sell 257 K USD
Greenblatt David A.
Director
- 1195
215.22 USD
3 years ago
Feb 09, 2021
Sell 39.8 K USD
Greenblatt David A.
Director
- 184
216.42 USD
3 years ago
Feb 10, 2021
Sell 132 K USD
Greenblatt David A.
Director
- 600
219.52 USD
4 years ago
Sep 10, 2020
Sell 738 K USD
Greenblatt David A.
Director
- 4000
184.5 USD
5 years ago
Dec 03, 2018
Sell 335 K USD
Lott Charles E
President, Fleetwood Homes
- 2032
165.0271 USD
6 years ago
Sep 12, 2018
Sell 1.57 M USD
Boor William C
Director
- 6323
248.6615 USD
6 years ago
Aug 27, 2018
Sell 489 K USD
Lott Charles E
President, Fleetwood Homes
- 2000
244.6 USD
6 years ago
Aug 21, 2018
Sell 1.54 M USD
STEGMAYER JOSEPH H
Chairman, CEO & President
- 6402
240.4113 USD
6 years ago
Aug 22, 2018
Sell 1.28 M USD
STEGMAYER JOSEPH H
Chairman, CEO & President
- 5338
240.485 USD
6 years ago
Feb 27, 2018
Sell 1.06 M USD
STEGMAYER JOSEPH H
Chairman, CEO & President
- 6112
173.8335 USD
6 years ago
Mar 01, 2018
Sell 145 K USD
STEGMAYER JOSEPH H
Chairman, CEO & President
- 888
163 USD
6 years ago
Dec 15, 2017
Sell 431 K USD
Boor William C
Director
- 3000
143.6204 USD
6 years ago
Dec 07, 2017
Sell 365 K USD
HANNA JACK
Director
- 2464
147.9635 USD
7 years ago
Nov 16, 2017
Sell 586 K USD
BUNGER STEVEN G
Director
- 4000
146.5 USD
7 years ago
Sep 20, 2017
Sell 410 K USD
Greenblatt David A.
Director
- 3000
136.6811 USD
7 years ago
Jun 22, 2017
Sell 392 K USD
Boor William C
Director
- 3000
130.5921 USD
7 years ago
Mar 31, 2017
Sell 661 K USD
STEGMAYER JOSEPH H
Chairman, CEO & President
- 5646
117.0702 USD
7 years ago
Apr 03, 2017
Sell 2.02 M USD
STEGMAYER JOSEPH H
Chairman, CEO & President
- 17400
116.0125 USD
7 years ago
Apr 04, 2017
Sell 227 K USD
STEGMAYER JOSEPH H
Chairman, CEO & President
- 1954
116.0205 USD
8 years ago
Mar 15, 2016
Sell 43.3 K USD
HANNA JACK
Director
- 500
86.542 USD
8 years ago
Aug 15, 2016
Sell 1.11 M USD
BUNGER STEVEN G
Director
- 11000
101.203 USD
8 years ago
May 04, 2016
Sell 217 K USD
Boor William C
Director
- 2500
86.8106 USD
8 years ago
Apr 14, 2016
Sell 988 K USD
STEGMAYER JOSEPH H
Chairman, CEO & President
- 11000
89.8123 USD
8 years ago
Apr 15, 2016
Sell 810 K USD
STEGMAYER JOSEPH H
Chairman, CEO & President
- 9000
90.0182 USD
8 years ago
Mar 18, 2016
Sell 494 K USD
BUNGER STEVEN G
Director
- 5500
89.823 USD
8 years ago
Nov 30, 2015
Sell 1.83 M USD
STEGMAYER JOSEPH H
Chairman, CEO & President
- 19742
92.8545 USD
8 years ago
Dec 01, 2015
Sell 24 K USD
STEGMAYER JOSEPH H
Chairman, CEO & President
- 258
92.9393 USD
9 years ago
Nov 06, 2015
Sell 144 K USD
Lott Charles E
President, Fleetwood Homes
- 1516
95.25 USD
9 years ago
Jun 08, 2015
Sell 167 K USD
Boor William C
Director
- 2225
74.89 USD
10 years ago
Apr 30, 2014
Sell 249 K USD
Urness Daniel L
Chief Financial Officer
- 3225
77.206 USD
10 years ago
Feb 20, 2014
Sell 111 K USD
BUNGER STEVEN G
Director
- 1515
73.5 USD
10 years ago
Feb 19, 2014
Sell 72.4 K USD
BUNGER STEVEN G
Director
- 985
73.519 USD
10 years ago
Feb 21, 2014
Sell 184 K USD
BUNGER STEVEN G
Director
- 2500
73.51 USD
12 years ago
Jun 26, 2012
Sell 357 K USD
HANNA JACK
Director
- 7600
46.9702 USD
12 years ago
Jun 27, 2012
Sell 116 K USD
HANNA JACK
Director
- 2400
48.5298 USD
7. News
Cavco (CVCO) is on the Move, Here's Why the Trend Could be Sustainable Cavco (CVCO) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen. zacks.com - 1 week ago
Cavco Industries, Inc. (CVCO) Q2 2025 Earnings Call Transcript Cavco Industries, Inc. (NASDAQ:CVCO ) Q3 2024 Earnings Call Transcript November 1, 2024 1:00 PM ET Company Participants Mark Fusler - Corporate Controller and IR Bill Boor - President and CEO Allison Aden - EVP and CFO Paul Bigbee - CAO Conference Call Participants Daniel Moore - Daniel Moore Greg Palm - Craig-Hallum Capital Group Jay McCanless - Wedbush Daniel Moore - CJS Securities Operator Good day, and thank you for standing by. Welcome to the Second Quarter Fiscal Year 2025 Cavco Industries, Inc. Earnings Call Webcast. seekingalpha.com - 2 weeks ago
Cavco (CVCO) Q2 Earnings and Revenues Top Estimates Cavco (CVCO) came out with quarterly earnings of $5.28 per share, beating the Zacks Consensus Estimate of $4.70 per share. This compares to earnings of $4.76 per share a year ago. zacks.com - 2 weeks ago
Cavco Industries Reports Fiscal 2025 Second Quarter Results and Announces New $100 Million Stock Repurchase Program PHOENIX, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) ("we," "our," the "Company" or "Cavco") today announced financial results for the second fiscal quarter ended September 28, 2024. Quarterly Highlights Net revenue was $507 million , up $55 million or 12.3% compared to $452 million in the second quarter of the prior year, primarily on home sales volume growth. globenewswire.com - 2 weeks ago
Webcast Alert: Cavco Industries, Inc. Announces Fiscal 2025 Second Quarter Earnings Release and Conference Call Webcast PHOENIX, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) will release earnings for the second quarter ended September 28, 2024 on Thursday, October 31, 2024 after the close of market. Senior management will discuss the results in a live webcast the following day, Friday, November 1, 2024 at 1:00 p.m. Eastern Time. globenewswire.com - 3 weeks ago
Cavco Industries Releases 2024 Enviornmental, Social and Governance Cavco Industries unveils its 2024 Environmental, Social and Governance Report, emphasizing its dedication to affordable housing solutions, environmental sustainability and transparent governance practices. Cavco Industries unveils its 2024 Environmental, Social and Governance Report, emphasizing its dedication to affordable housing solutions, environmental sustainability and transparent governance practices. globenewswire.com - 3 weeks ago
Cavco's Future Looks Bright as Affordable Housing Demand Soars After dropping to their lowest level in two years following the Federal Reserve's September rate cut announcement, 30-year fixed-rate mortgages have climbed higher once again. Nonetheless, the environment is looking more favorable for homebuilding companies, as buyers are incentivized to make offers, and companies are better able to access loans to fund development projects and growth. marketbeat.com - 1 month ago
Cavco Industries Isn't AI AI is widely assumed to be big, but AH (Affordable Housing) is a more critical need and is becoming a vital growth investment theme in its own right. That's why shares of Cavco, in particular, and homebuilders, in general, have been performing better than interest rate trends alone might lead one to expect. Investors are looking beyond today's soft company earnings toward gains many expect as society tackles affordability obstacles. seekingalpha.com - 1 month ago
HUD's Latest Code Changes Signal a New Era for Multi-Unit Affordable Housing New HUD Codes approve multi-dwelling unit manufactured homes for nationwide construction New HUD Codes approve multi-dwelling unit manufactured homes for nationwide construction globenewswire.com - 2 months ago
Epic Games strikes back at Apple by launching free AltStore PAL in EU Epic Games has intensified its rivalry with Apple by offering the alternative app store, AltStore PAL, for free in the EU. Will the move help gamers in Europe? invezz.com - 2 months ago
Rio Tinto, BHP shares are at risk as iron ore, copper prices sink Rio Tinto (LON: RIO) and BHP (ASX: BHP) share prices have dropped sharply this year and the situation could worsen as iron ore sinks. In Australia, BHP shares have fallen for four consecutive weeks and were trading at A$39.73, down by 20% from the year-to-date high of $50. invezz.com - 2 months ago
Which housing stock—Builders FirstSource or Cavco—is a better buy before Fed rate cut? Investors are gearing up for significant opportunities in the housing sector with expectations that the US Federal Reserve will announce its first rate cut in September.  Jay McCanless, an analyst at Wedbush, advises increasing exposure to housing stocks as lower mortgage rates typically enhance home affordability and stimulate housing demand. invezz.com - 2 months ago
This Bitcoin price chart should cheer all of BTC bulls Bitcoin (BTC) price has remained in a holding pattern in the past two weeks as it continued to underperform American equities, which had their best week in over nine months. invezz.com - 2 months ago
TD Cowen downgrades Molson Coors, lowers price target to $58: Is it time to exit? Molson Coors Beverage Company (NYSE: TAP) is in the spotlight today following a downgrade by TD Cowen. Despite Molson Coors posting better-than-expected Q2 earnings and reaffirming its 2024 outlook yesterday, TD Cowen adjusted its rating on the company, moving from a Buy to a Hold, and lowering the price target from $68 to $58. invezz.com - 2 months ago
Google's antitrust ruling draws parallels to Microsoft's 25-year-old case: Here's how A significant ruling by US Judge Amit Mehta has determined that Google holds a monopoly in the internet search market, reminiscent of the historic antitrust case against Microsoft. This judgment has marked a pivotal moment in the ongoing scrutiny of major technology companies and their market practices. invezz.com - 2 months ago
FLEX Coin struggles as CoinFLEX creditors woes worsen after OPNX closure In recent months, FLEX Coin has experienced significant price volatility, reflecting broader turbulence within its parent platform, CoinFLEX. The token, which had reached an all-time high of $8.16 in August 2023, has since plunged by over 90%, currently trading around $0.71. invezz.com - 2 months ago
Xpeng stock price sits at a key support: Aug 20 will be key 2024 has not been a good year for Chinese electric vehicle (EV) stocks even as most of them continued to ramp up their production and deliveries. invezz.com - 2 months ago
Cingulate stock surges 115% after European patent approval for ADHD treatment: Is it a buy? Cingulate Inc (NASDAQ: CING), a biopharmaceutical firm specializing in innovative ADHD treatments, experienced a remarkable surge in its stock price on Friday, with shares skyrocketing by 115%. This dramatic increase is attributed to the company's recent achievement of securing a European patent for CTx-1301, its flagship ADHD treatment. invezz.com - 2 months ago
Cavco Industries, Inc. (CVCO) Q1 2025 Earnings Call Transcript Cavco Industries, Inc. (NASDAQ:CVCO ) Q1 2025 Earnings Conference Call August 2, 2024 1:00 PM ET Company Participants Mark Fusler – Corporate Controller and Investor Relations Bill Boor – President and Chief Executive Officer Allison Aden – Executive Vice President and Chief Financial Officer Paul Bigbee – Chief Accounting Officer Conference Call Participants Daniel Moore – CJS Securities Greg Palm – Craig-Hallum Jay McCanless – Wedbush Operator Good day and thank you for standing by. Welcome to the First Quarter Fiscal Year 2025 Cavco Industries, Inc. Earnings Call Webcast. seekingalpha.com - 3 months ago
Cavco (CVCO) Q1 Earnings and Revenues Miss Estimates Cavco (CVCO) came out with quarterly earnings of $4.11 per share, missing the Zacks Consensus Estimate of $4.97 per share. This compares to earnings of $5.29 per share a year ago. zacks.com - 3 months ago
8. Profile Summary

Cavco Industries, Inc. CVCO

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COUNTRY US
INDUSTRY Residential Construction
MARKET CAP $ 3.77 B
Dividend Yield 0.00%
Description 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.
Contact 3636 North Central Avenue, Phoenix, AZ, 85012 https://www.cavco.com
IPO Date July 1, 2003
Employees 6500
Officers Mr. Steven Keith Like Senior Vice President of Corporate Development Mr. Matthew Allen Nino President of Retail Mr. Brian R. Cira President of Manufactured Housing Mr. Paul W. Bigbee Chief Accounting Officer Ms. Colleen J. Rogers Senior Vice President of Marketing & Communications Jack S. Brandon President of Country Place Mortgage Mr. Anthony R. Crutcher Chief Information Officer Mr. Seth Schuknecht EVice President, General Counsel, Chief Compliance Officer & Corporate Secretary Mr. Mark Fusler Director of Financial Reporting & Investor Relations