Cavco Industries

Cavco Industries, Inc. engages in the development of residential modular structures. It offers manufactured homes, modular homes, park model RVs and cabins, commercial structures, mortgage lending, and insurance. The firm’s brands include Cavco, Fleetwood, Palm Harbor and Fairmont, Friendship, Chariot Eagle and Destiny. The company operates through following segments: Factory-Built Housing, which includes wholesale and retail systems-built housing operations and Financial Services, which include manufactured housing consumer finance and insurance. It also designs and produces factory-built housing products primarily distributed through a network of independent and Company-owned retailers. The company was founded in 1965 and is headquartered in Phoenix, AZ.

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Earnings data Q3 2025

Cavco Industries faces challenges but maintains strong margins and balance sheet

CVCO faced challenges in volume, revenue, and pre-tax profit, but demonstrated resilience with improved net orders and strong gross margins. The company's acquisition and share repurchases maintained a robust balance sheet. Retailer activity suggests potential for future order improvement, and the company is prepared for the return of demand.

CVCO reports consistent Q2 results, faces production challenges and opportunities

CVCO's Q2 2023 performance was marked by consistent financial results, a decrease in net revenue, and a focus on managing costs and generating cash. Despite challenges related to production outpacing orders and a decline in base business homes sold, the company's strong financial services segment and cash balance present opportunities for strategic adjustments and improvements.

Cavco Industries excels in Q3 earnings, eyes growth opportunities

Cavco Industries delivered strong financial results in Q3 2023, with revenue and profit growth driven by pricing strategies and operational efficiencies.
The company's focus on customer experience, strategic acquisitions, and operational collaboration positions it well for sustained growth and market competitiveness.
While facing challenges such as backlog fluctuations and regional risks, Cavco remains agile in seizing opportunities like increased demand and digital market expansion.
With a solid balance sheet and a commitment to through-the-cycle opportunities, Cavco is poised to navigate market uncertainties and drive long-term value creation.

Cavco Industries faces challenges but shows resilience and growth potential

Cavco Industries navigated a challenging operating environment in Q4 2023, focusing on cost management and sustaining profit amidst lower volumes. Despite revenue and profit declines, the company showcased resilience, completed a strategic acquisition, and emphasized growth opportunities in the manufactured housing business.

Cavco Industries reports steady Q1 performance amidst growth opportunities

Cavco Industries maintained stable financial performance in Q1 2024, with a focus on operational efficiency and strategic acquisitions.
While facing challenges such as lower revenue and margin pressures, the company is leveraging opportunities for growth and capital optimization.
With a strong balance sheet, focus on product enhancements, and readiness to meet increased demand, Cavco is poised for future success.
Investors can expect continued value creation through stock repurchases and operational improvements in a dynamic market environment.

Cavco Industries reports Q2 revenue of $452M, focuses on quality homes and growth opportunities

Cavco Industries navigated challenges in production and profitability, maintaining a strong backlog and cash balance while focusing on quality homes and social responsibility.
Despite margin pressures and profit decline, the company's strategic readiness for growth opportunities and market expansion positions them well for future success.
Management's emphasis on addressing housing deficits and gratitude for investor interest underscore a commitment to sustainable growth and market leadership.

Cavco Industries reports Q3 challenges, eyes strategic growth opportunities

Cavco Industries navigated challenges in Q3 2024 with a focus on strategic growth and affordable housing initiatives.
The company showcased strong financials, stable backlogs, and readiness for future expansion.
Management expressed optimism for improving market conditions and highlighted successful product developments.
Analysts raised concerns about production outlook, cost drivers, and industry capacity expansion.

Cavco Industries overcomes Q4 challenges, eyes growth opportunities ahead

Cavco Industries navigated a challenging Q4 2024 with revenue decline but showed resilience with increased backlog and cash balance. Strategic initiatives focusing on customer relationships, margin management, and retail expansion position the company for future growth amidst industry shifts and pricing pressures.

Cavco Industries reports mixed Q1 performance, eyes growth opportunities

Cavco Industries navigated a mixed performance in Q1 2025, with revenue growth in segments but challenges in profitability metrics.
The company's focus on managing costs, improving community orders, and leveraging product line strengths can drive future growth.
Despite margin pressure and profit decline, Cavco's liquidity position, backlog growth, and product reception offer optimism for the future.
Strategic actions to address challenges and capitalize on opportunities will be key for Cavco's sustained success and profitability.

Cavco Industries reports strong Q2 earnings amidst operational challenges

Cavco Industries delivered robust financial results in Q2 2025, driven by increased units sold and higher average selling prices, showcasing operational strength.
While facing challenges such as hurricane impacts and margin fluctuations, the company maintains financial stability and profitability.
Opportunities lie in leveraging strong demand, enhancing operational efficiency, and exploring new growth avenues to drive future success.
Overall, Cavco Industries' performance reflects resilience and potential for sustained growth in the dynamic housing market landscape.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

PHOENIX, July 28, 2022 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) will release earnings for the first quarter ended July 2, 2022 on Thursday, August 4, 2022 after the close of market. Senior management will discuss the results in a live webcast the following day, Friday, August 5, 2022 at 1:00 p.m. Eastern Time.

Webcast Alert: Cavco Industries, Inc. Announces Fiscal 2023 First Quarter Earnings Release and Conference Call Webcast

NEW YORK , July 22, 2022 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of Cavco Industries, Inc. (NASDAQ: CVCO) resulting from allegations that Cavco may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Cavco securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, A LEADING LAW FIRM, Encourages Cavco Industries, Inc. Investors with Losses to Inquire About Securities Class Action Investigation - CVCO

New York, New York--(Newsfile Corp. - July 20, 2022) - WHY: Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of Cavco Industries, Inc. (NASDAQ: CVCO) resulting from allegations that Cavco may have issued materially misleading business information to the investing public.SO WHAT: If you purchased Cavco securities you may be entitled to compensation without payment of any out of pocket fees or costs...

ROSEN, Globally Recognized Investor Counsel, Encourages Cavco Industries, Inc. Investors with Losses to Inquire About Securities Class Action Investigation - CVCO

NEW YORK--(BUSINESS WIRE)-- #Action--Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Cavco Industries, Inc. (“Cavco” or the “Company”) (NASDAQ: CVCO) on behalf of Cavco stockholders. Our investigation concerns whether Cavco has violated the federal securities laws and/or engaged in other unlawful business practices. Click here to participate in the action. On November 8, 2018, Cavco revealed in an SEC filing that it had “rece

CAVCO ALERT: Bragar Eagel & Squire, P.C. is Investigating Cavco Industries, Inc. on Behalf of Cavco Stockholders and Encourages Investors to Contact the Firm

NEW YORK , July 18, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Cavco Industries, Inc. ("Cavco" or the "Company") (NASDAQ: CVCO). Such investors are advised to contact Robert S.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Cavco Industries, Inc. - CVCO

New York, New York--(Newsfile Corp. - July 15, 2022) - WHY: Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of Cavco Industries, Inc. (NASDAQ: CVCO) resulting from allegations that Cavco may have issued materially misleading business information to the investing public.SO WHAT: If you purchased Cavco securities you may be entitled to compensation without payment of any out of pocket fees or costs...

ROSEN, A TOP RANKED FIRM, Encourages Cavco Industries, Inc. Investors With Losses to Inquire About Securities Class Action Investigation - CVCO

Los Angeles, California--(Newsfile Corp. - July 15, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Cavco Industries, Inc. ("Cavco" or "the Company") (NASDAQ: CVCO) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Cavco is the subject of an SEC complaint filed on September...

ONGOING INVESTIGATION ALERT: The Schall Law Firm Encourages Investors in Cavco Industries, Inc. with Losses to Contact the Firm

NEW YORK , July 14, 2022 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Cavco Industries, Inc. (NASDAQ: CVCO) resulting from allegations that Cavco may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Cavco securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, RESPECTED INVESTOR COUNSEL, Encourages Cavco Industries, Inc. Investors to Inquire About Securities Class Action Investigation - CVCO

NEW YORK--(BUSINESS WIRE)-- #Capital--WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Cavco Industries, Inc. (NASDAQ: CVCO) resulting from allegations that Cavco may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Cavco securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

CVCO EQUITY ALERT: Rosen Law Firm Encourages Cavco Industries, Inc. Investors to Inquire About Securities Class Action Investigation – CVCO

BOK Financial

Devon Energy

Heritage-Crystal Clean

Korn/Ferry Int.

1-800-FLOWERS.COM

Markel

MKS Instruments

Rush Enterprises

SSR Mining

Summer is upon us, and after pandemic weight gains, few people will rate a “Perfect 10” on the beach this year. But my Perfect 10 Portfolio is ready to show off.

The Perfect 10 Portfolio Has Averaged 19.9%

Cavco Industries has been hit hard by the market downturn recently, with shares tanking due to concerns over the outlook for the housing market. The company does not look cheap using 2021 results, but if recent performance is any indication then it could finally be worth considering.

Cavco Industries: Finally Worth Considering

Cavco Industries, Inc. (NASDAQ:CVCO ) Q4 2022 Results Conference Call May 27, 2022 1:00 PM ET Company Participants Mark Fusler - Director, Financial Reporting and IR Bill Boor - President and CEO Allison Aden - EVP and CFO Paul Bigbee - Chief Accounting Officer Conference Call Participants Daniel Moore - CJS Securities Greg Palm - Craig-Hallum Ian Lapey - Gabelli Funds Operator Ladies and gentlemen, thank you for standing by. Welcome to the Fourth Quarter and Fiscal Year 2022 Cavco Industries Earnings Call and Webcast.

Cavco Industries, Inc. (CVCO) CEO Bill Boor on Q4 2022 Results - Earnings Call Transcript

Cavco (CVCO) delivered earnings and revenue surprises of 18.13% and 18.41%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Cavco (CVCO) Beats Q4 Earnings and Revenue Estimates

PHOENIX, May 26, 2022 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) today announced financial results for the fourth quarter and fiscal year ended April 2, 2022 and provided updates on other business items. The current fiscal year includes 52 weeks while fiscal year 2021 contained 53 weeks, with the extra week falling in the fourth quarter.

Cavco Industries Reports Fiscal 2022 Fourth Quarter and Year End Results and Announces New $100 Million Stock Repurchase Program

Facility produces 15,000th manufactured home since beginning operations 27 years ago, continuing to help families achieve the dream of home ownership Facility produces 15,000th manufactured home since beginning operations 27 years ago, continuing to help families achieve the dream of home ownership

Palm Harbor Homes in Millersburg, Oregon Celebrates Key Production Milestone

PHOENIX, May 19, 2022 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) will release earnings for the fourth quarter and fiscal year ended April 2, 2022 on Thursday, May 26, 2022 after the close of market. Senior management will discuss the results in a live webcast the following day, Friday, May 27, 2022 at 1:00 p.m. Eastern Time.

Webcast Alert: Cavco Industries, Inc. Announces Fiscal 2022 Fourth Quarter and Year End Earnings Release and Conference Call Webcast

PHOENIX, April 21, 2022 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) ("Cavco") today announced its closing of the acquisition of a 184,000 square-foot manufacturing facility in Hamlet, North Carolina.

Cavco Industries Announces Closing of Acquisition of Manufacturing Facility in North Carolina, Expanding Affordable Home Production Capabilities

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has downgraded the Financial Strength Rating (FSR) to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” (Good) from “a-” (Excellent) of Standard Casualty (New Braunfels, TX). The outlook of the FSR has been revised to stable from negative, while the outlook of the Long-Term ICR is negative. These Credit Ratings (ratings) reflect Standard Casualty's balance sheet strength, which AM Best assesses as strong, as w

AM Best Downgrades Credit Ratings of Standard Casualty

The Company's Five Points Neighborhood Initiative recognized for creating opportunities for families that otherwise may not be able to achieve the dream of home ownership The Company's Five Points Neighborhood Initiative recognized for creating opportunities for families that otherwise may not be able to achieve the dream of home ownership

Cavco Industries Wins MHI's Inaugural “Community Impact Project of The Year” Award

Cavco is a leading producer in an undersupplied vertical.

Cavco Industries Is In The Early Innings Of Growth

Cavco (CVCO) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Why You Shouldn't Bet Against Cavco (CVCO) Stock

D.R. Horton

Home Depot

Invitation Homes

Opendoor

Realogy Holdings

Zillow

With upcoming rate hikes possibly taking the wind out of the hot housing market, keep an eye on these seven stocks to watch. The post What Happens to the Housing Market if Interest Rates Rise?

What Happens to the Housing Market if Interest Rates Rise? 7 Stocks to Watch

PHOENIX, Feb. 28, 2022 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) ("Cavco") today announced that an agreement has been signed to acquire a 184,000 square-foot manufacturing facility in Hamlet, North Carolina, which will be modified to produce homes built under the standards of the U.S. Department of Housing and Urban Development ("HUD code").

Cavco Industries Announces Acquisition of Manufacturing Facility in North Carolina, Expanding Affordable Home Production Capabilities

Hovnanian Enterprises

PulteGroup

TRI Pointe Group

Housing stocks have outperformed most other industries over the course of the pandemic, even as homebuilders face headwinds from ongoing supply-chain issues and rising input costs. And while homebuilder stocks have taken their fare share of lumps in early 2022 along with the broader market, this may have created an opportunity to pick up some solid plays at more attractive prices.

5 Top-Rated Housing Stocks to Buy Now

Diodes

Houlihan Lokey

Skyline Corp.

Here are four top-ranked liquid stocks, Cavco Industries (CVCO), Diodes Incorporated (DIOD), Houlihan Lokey (HLI) and Skyline (SKY), which investors can tap for strong returns.

News for Cavco Industries Stock (CVCO)