Cavco Industries, Inc. (NASDAQ:CVCO – Free Report) – Equities research analysts at Wedbush issued their Q1 2027 earnings per share estimates for Cavco Industries in a research report issued on Monday, February 3rd. Wedbush analyst J. Mccanless expects that the construction company will post earnings per share of $6.42 for the quarter. Wedbush currently has a “Neutral” rating and a $550.00 price target on the stock. The consensus estimate for Cavco Industries’ current full-year earnings is $18.00 per share. Wedbush also issued estimates for Cavco Industries’ Q2 2027 earnings at $6.85 EPS, Q3 2027 earnings at $6.65 EPS and FY2027 earnings at $27.00 EPS.
CVCO has been the subject of several other reports. StockNews.com raised Cavco Industries from a “hold” rating to a “buy” rating in a report on Monday. Craig Hallum raised their price target on Cavco Industries from $422.00 to $495.00 and gave the stock a “buy” rating in a report on Monday, November 4th.
Cavco Industries Trading Down 0.7 %
Shares of NASDAQ CVCO opened at $515.86 on Tuesday. The stock has a fifty day simple moving average of $473.42 and a two-hundred day simple moving average of $439.89. Cavco Industries has a 1-year low of $331.08 and a 1-year high of $544.08. The firm has a market cap of $4.18 billion, a price-to-earnings ratio of 25.39 and a beta of 1.35.
Cavco Industries (NASDAQ:CVCO – Get Free Report) last announced its quarterly earnings data on Thursday, January 30th. The construction company reported $6.90 earnings per share for the quarter, beating the consensus estimate of $4.89 by $2.01. Cavco Industries had a return on equity of 16.25% and a net margin of 8.75%.
Insider Transactions at Cavco Industries
In related news, Director Julia Sze sold 125 shares of Cavco Industries stock in a transaction on Monday, December 9th. The stock was sold at an average price of $503.31, for a total transaction of $62,913.75. Following the completion of the sale, the director now owns 2,736 shares of the company’s stock, valued at approximately $1,377,056.16. This trade represents a 4.37 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Susan L. Blount sold 750 shares of Cavco Industries stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $471.70, for a total value of $353,775.00. Following the sale, the director now directly owns 2,836 shares of the company’s stock, valued at $1,337,741.20. This represents a 20.91 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 1,850 shares of company stock valued at $889,417 over the last three months. Company insiders own 1.60% of the company’s stock.
Institutional Investors Weigh In On Cavco Industries
Several large investors have recently added to or reduced their stakes in the business. Amalgamated Bank boosted its stake in Cavco Industries by 1.2% during the third quarter. Amalgamated Bank now owns 2,428 shares of the construction company’s stock valued at $1,040,000 after buying an additional 29 shares during the period. SkyView Investment Advisors LLC raised its position in Cavco Industries by 1.8% during the third quarter. SkyView Investment Advisors LLC now owns 1,791 shares of the construction company’s stock valued at $767,000 after purchasing an additional 31 shares in the last quarter. Thrivent Financial for Lutherans raised its position in Cavco Industries by 0.4% during the third quarter. Thrivent Financial for Lutherans now owns 9,493 shares of the construction company’s stock valued at $4,066,000 after purchasing an additional 37 shares in the last quarter. GAMMA Investing LLC raised its position in Cavco Industries by 15.2% during the fourth quarter. GAMMA Investing LLC now owns 318 shares of the construction company’s stock valued at $142,000 after purchasing an additional 42 shares in the last quarter. Finally, Blue Trust Inc. raised its position in Cavco Industries by 28.9% during the fourth quarter. Blue Trust Inc. now owns 245 shares of the construction company’s stock valued at $105,000 after purchasing an additional 55 shares in the last quarter. Institutional investors own 95.56% of the company’s stock.
Cavco Industries Company Profile
Cavco Industries, Inc designs, produces, and retails factory-built homes primarily in the United States. It operates in two segments, Factory-Built Housing and Financial Services. The company markets its factory-built homes under the Cavco, Fleetwood, Palm Harbor, Nationwide, Fairmont, Friendship, Chariot Eagle, Destiny, Commodore, Colony, Pennwest, R-Anell, Manorwood, MidCountry, and Solitaire brands.
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