Cavco Industries Stock (NASDAQ:CVCO)


ForecastRevenueOwnershipFinancialsChartTranscripts

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$458.85

52W Range

$251.26 - $476.95

50D Avg

$425.16

200D Avg

$383.44

Market Cap

$3.86B

Avg Vol (3M)

$63.03K

Beta

1.25

Div Yield

-

CVCO Company Profile


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.

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Industry

Residential Construction

Sector

Consumer Cyclical

Exchange

NASDAQ

ADR

-

Country

US

Employees

6,500

IPO Date

Jul 01, 2003

Website

CVCO Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceMar 24Apr 23Apr 22
Financial Services$78.19M--
Consumer Finance$18.88M--
Factory Built Housing$1.72B--
Insurance$59.30M--
Subcontracted site improvements-$53.30M$43.90M

Fiscal year ends in Mar 24 | Currency in USD

CVCO Financial Summary


Mar 24Apr 23Apr 22
Revenue$1.79B$2.14B$1.63B
Operating Income$178.98M$184.79M$202.50M
Net Income$157.82M$240.55M$197.70M
EBITDA$197.51M$307.67M$212.69M
Basic EPS$18.55$27.20$21.54
Diluted EPS$18.37$26.95$21.34

Fiscal year ends in Mar 24 | Currency in USD

Latest Earnings Call Transcripts


Q2 25Nov 01, 24 | 3:43 PM
Q1 25Aug 02, 24 | 3:15 PM
Q4 24May 24, 24 | 4:04 PM

Peer Comparison


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LEGHLegacy Housing Corporation
LGIHLGI Homes, Inc.
IBPInstalled Building Products, Inc.
CCSCentury Communities, Inc.
TPHTri Pointe Homes, Inc.
BZHBeazer Homes USA, Inc.
MTHMeritage Homes Corporation
MHOM/I Homes, Inc.
SKYSkyline Champion Corporation
TMHCTaylor Morrison Home Corporation