Symbols / CVCO Stock $475.87 -1.06% Cavco Industries, Inc.

Consumer Cyclical • Residential Construction • United States • NMS
CVCO (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Consumer Cyclical
Industry Residential Construction
CEO Mr. William C. Boor C.F.A.
Exch · Country NMS · United States
Market Cap 3.69B
Enterprise Value 3.49B
Income 184.42M
Sales 2.20B
FCF (ttm) 111.74M
Book/sh 139.88
Cash/sh 31.17
Employees 7,000
Insider 10d —
IPO Jul 01, 2003
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E 20.66
Forward P/E 19.03
PEG 45.77
P/S 1.68
P/B 3.40
P/C —
EV/EBITDA 13.88
EV/Sales 1.59
Quick Ratio 1.18
Current Ratio 2.48
Debt/Eq 3.82
LT Debt/Eq —
EPS (ttm) 23.03
EPS next Y 25.00
EPS Growth -19.10%
Revenue Growth 11.30%
EPS Gr Q/Q -22.00%
Rev Gr Q/Q —
Earnings (next) 2026-05-21
Earnings (prior) 2026-01-29
ROA 10.06%
ROE 17.18%
ROIC —
Gross Margin 22.26%
Oper. Margin 9.89%
Profit Margin 8.37%
Shs Outstand 7.76M
Shs Float 7.67M
Insider Own 1.37%
Instit Own 102.98%
Short Float 6.86%
Short Ratio 2.79
Short Interest 383.64K
52W High 713.01
vs 52W High -33.26%
52W Low 393.53
vs 52W Low 20.92%
Beta 1.31
Impl. Vol. 63.73%
Rel Volume 0.56
Avg Volume 153.06K
Volume 85.43K
Target (mean) $587.50
Tgt Median $587.50
Tgt Low $575.00
Tgt High $600.00
# Analysts 2
Recom None
Prev Close $480.96
Price $475.87
Change -1.06%
About

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 produces 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. It also 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. In addition, the company 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. Further, it offers property and casualty insurance to owners of manufactured homes. The company distributes its products through a network of independent and company-owned retailers, planned community operators, and residential developers. The company was founded in 1965 and is headquartered in Phoenix, Arizona.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$587.50
Mean price target
2. Current target
$475.87
Latest analyst target
3. DCF / Fair value
$259.16
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$475.87
Low
$575.00
High
$600.00
Mean
$587.50

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-05-27 reit Wedbush Neutral → Neutral $550
2025-02-03 main Wedbush Neutral → Neutral $550
2025-01-15 init Zelman & Assoc — → Outperform —
2024-12-03 down Wedbush Outperform → Neutral $480
2024-11-04 main Craig-Hallum Buy → Buy $495
2024-10-11 main Wedbush Outperform → Outperform $455
2024-08-05 main Craig-Hallum Buy → Buy $422
2024-08-02 reit Wedbush Outperform → Outperform $425
2024-05-24 reit Wedbush Outperform → Outperform $425
2024-05-20 main Wedbush Outperform → Outperform $425
2023-11-07 main Wedbush Outperform → Outperform $380
2023-11-03 reit Wedbush Outperform → Outperform $390
2023-05-22 main Craig-Hallum Buy → Buy $338
2023-05-22 main Wedbush Outperform → Outperform $425
2023-05-19 reit Wedbush Outperform → Outperform $410
2023-04-24 main Craig-Hallum — → Buy $357
2023-02-06 main Wedbush — → Outperform $410
2022-08-05 up Wedbush Neutral → Outperform $385
2022-05-31 main Craig-Hallum — → Buy $322
2022-02-07 main Wedbush — → Neutral $315
News
RSS: Latest CVCO news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-04-10 BOOR WILLIAM C Chief Executive Officer — 10,200 $125.69 $1,282,038
2026-02-04 BOOR WILLIAM C Chief Executive Officer — 1,000 $495.00 $495,000
2026-02-04 GREENBLATT DAVID ALAN Director — 500 $462.43 $234,725
2026-02-02 MOSTER STEVEN W Director — 300 $456.23 $136,869
2025-11-07 KERLEY RICHARD A Director — 500 $568.99 $284,495
2025-10-27 DANIELS LISA LYNN Director — 102 $588.47 $60,024
2025-09-04 SCHUKNECHT SETH G General Counsel — 145 $550.00 $79,750
2025-08-29 BIGBEE PAUL Officer — 300 $530.45 $159,135
2025-08-25 CIRA BRIAN R. Officer — 1,000 $153.94 $153,940
2025-08-25 CIRA BRIAN R. Officer — 1,000 $522.00 $522,000
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Total Revenue
2,015.46
+12.29%
1,794.79
-16.24%
2,142.71
+31.68%
1,627.16
Operating Revenue
2,015.46
+12.29%
1,794.79
-16.24%
2,142.71
+31.68%
1,627.16
Cost Of Revenue
1,549.87
+13.30%
1,367.89
-13.85%
1,587.78
+30.32%
1,218.41
Reconciled Cost Of Revenue
1,549.87
+13.30%
1,367.89
-13.85%
1,587.78
+30.32%
1,218.41
Gross Profit
465.59
+9.06%
426.90
-23.07%
554.93
+35.76%
408.75
Operating Expense
275.31
+11.05%
247.92
-4.03%
258.32
+25.25%
206.25
Selling General And Administration
275.31
+11.05%
247.92
-4.03%
258.32
+25.25%
206.25
Total Expenses
1,825.18
+12.96%
1,615.81
-12.47%
1,846.10
+29.58%
1,424.66
Operating Income
190.28
+6.31%
178.98
-39.66%
296.61
+46.48%
202.50
Total Operating Income As Reported
190.28
+6.31%
178.98
-39.66%
296.61
+46.48%
202.50
EBITDA
230.85
+5.24%
219.35
-32.42%
324.58
+45.09%
223.71
Normalized EBITDA
230.85
+5.24%
219.35
-32.42%
324.58
+45.09%
223.71
Reconciled Depreciation
19.26
+3.96%
18.52
+9.60%
16.90
+53.43%
11.02
EBIT
211.59
+5.36%
200.83
-34.73%
307.67
+44.66%
212.69
Net Income
171.04
+8.38%
157.82
-34.39%
240.55
+21.68%
197.70
Pretax Income
211.07
+5.97%
199.18
-35.07%
306.76
+44.71%
211.99
Net Non Operating Interest Income Expense
20.57
+6.32%
19.35
+98.07%
9.77
+244.59%
2.83
Interest Expense Non Operating
0.52
-68.65%
1.65
+81.21%
0.91
+29.63%
0.70
Net Interest Income
20.57
+6.32%
19.35
+98.07%
9.77
+244.59%
2.83
Interest Expense
0.52
-68.65%
1.65
+81.21%
0.91
+29.63%
0.70
Interest Income Non Operating
21.09
+0.43%
21.00
+96.63%
10.68
+201.92%
3.54
Interest Income
21.09
+0.43%
21.00
+96.63%
10.68
+201.92%
3.54
Other Income Expense
0.22
-73.85%
0.85
+120.52%
0.39
-94.22%
6.66
Other Non Operating Income Expenses
0.22
-73.85%
0.85
+120.52%
0.39
-94.22%
6.66
Tax Provision
40.03
-3.01%
41.27
-37.39%
65.92
+362.71%
14.25
Tax Rate For Calcs
0.00
-8.21%
0.00
-3.67%
0.00
+220.74%
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
0.00
Net Income Including Noncontrolling Interests
171.04
+8.32%
157.91
-34.44%
240.84
+21.80%
197.74
Net Income From Continuing Operation Net Minority Interest
171.04
+8.38%
157.82
-34.39%
240.55
+21.68%
197.70
Net Income From Continuing And Discontinued Operation
171.04
+8.38%
157.82
-34.39%
240.55
+21.68%
197.70
Net Income Continuous Operations
171.04
+8.32%
157.91
-34.44%
240.84
+21.80%
197.74
Minority Interests
0.00
+100.00%
-0.09
+69.34%
-0.29
-567.44%
-0.04
Normalized Income
171.04
+8.38%
157.82
-34.39%
240.55
+21.68%
197.70
Net Income Common Stockholders
171.04
+8.38%
157.82
-34.39%
240.55
+21.68%
197.70
Diluted EPS
20.71
+12.74%
18.37
-31.84%
26.95
+26.29%
21.34
Basic EPS
20.97
+13.05%
18.55
-31.80%
27.20
+26.28%
21.54
Basic Average Shares
8.16
-4.10%
8.51
-3.82%
8.84
-3.64%
9.18
Diluted Average Shares
8.26
-3.86%
8.59
-3.73%
8.92
-3.67%
9.26
Diluted NI Availto Com Stockholders
171.04
+8.38%
157.82
-34.39%
240.55
+21.68%
197.70
Line Item Trend 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Total Assets
1,406.64
+3.88%
1,354.16
+3.53%
1,307.97
+13.25%
1,154.97
Current Assets
910.19
+6.85%
851.80
+5.87%
804.58
+8.13%
744.12
Cash Cash Equivalents And Short Term Investments
376.07
+1.38%
370.96
+29.52%
286.40
+8.39%
264.24
Cash And Cash Equivalents
356.23
+1.00%
352.69
+29.94%
271.43
+11.17%
244.15
Other Short Term Investments
19.84
+8.60%
18.27
+21.98%
14.98
-25.43%
20.09
Receivables
188.07
+33.24%
141.15
-6.16%
150.42
+0.73%
149.34
Accounts Receivable
105.85
+37.25%
77.12
-13.68%
89.35
-6.98%
96.05
Loans Receivable
82.22
+28.42%
64.03
+4.84%
61.07
+14.62%
53.28
Inventory
252.69
+4.71%
241.34
-8.29%
263.15
+7.86%
243.97
Raw Materials
79.10
+1.10%
78.24
-15.00%
92.05
-4.05%
95.93
Work In Process
29.81
+6.54%
27.98
-3.60%
29.02
-5.27%
30.64
Finished Goods
143.79
+6.41%
135.12
-4.90%
142.08
+21.02%
117.40
Prepaid Assets
—
—
—
71.73
Restricted Cash
18.54
+19.73%
15.48
+32.00%
11.73
-21.02%
14.85
Other Current Assets
74.81
-9.72%
82.87
-10.77%
92.88
+29.49%
71.73
Total Non Current Assets
496.46
-1.17%
502.36
-0.21%
503.40
+22.52%
410.86
Net PPE
263.20
-0.01%
263.23
+3.21%
255.03
+40.93%
180.97
Gross PPE
356.52
+4.89%
339.91
+7.51%
316.17
+38.79%
227.80
Accumulated Depreciation
-93.33
-21.70%
-76.69
-25.44%
-61.13
-30.54%
-46.83
Properties
0.00
0.00
0.00
0.00
Land And Improvements
39.83
+0.02%
39.82
+0.00%
39.82
+23.85%
32.15
Buildings And Improvements
173.77
+1.31%
171.52
+2.53%
167.29
+66.00%
100.78
Machinery Furniture Equipment
91.23
+12.43%
81.14
+5.62%
76.83
+57.95%
48.64
Construction In Progress
16.12
+91.75%
8.40
+53.60%
5.47
-81.31%
29.28
Other Properties
35.58
-8.84%
39.03
+45.87%
26.75
+57.83%
16.95
Goodwill And Other Intangible Assets
138.70
-7.63%
150.16
+4.03%
144.34
+11.50%
129.45
Goodwill
121.97
+0.03%
121.93
+6.45%
114.55
+13.42%
100.99
Other Intangible Assets
16.73
-40.71%
28.22
-5.27%
29.79
+4.68%
28.46
Investments And Advances
18.07
+4.34%
17.32
-7.10%
18.64
-46.64%
34.93
Non Current Deferred Assets
1.85
0.00
—
—
Non Current Deferred Taxes Assets
1.85
0.00
—
—
Other Non Current Assets
0.58
+0.00%
0.58
+74.63%
0.34
+0.00%
0.34
Total Liabilities Net Minority Interest
342.06
+6.65%
320.75
-2.94%
330.47
+2.09%
323.69
Current Liabilities
303.17
+10.94%
273.27
-6.86%
293.39
-0.26%
294.17
Payables And Accrued Expenses
184.19
+7.02%
172.11
+0.40%
171.42
-27.93%
237.85
Payables
37.20
+10.93%
33.53
+9.11%
30.73
-28.67%
43.08
Accounts Payable
37.20
+10.93%
33.53
+9.11%
30.73
-28.67%
43.08
Current Accrued Expenses
146.99
+6.07%
138.58
-1.50%
140.69
-27.76%
194.77
Current Debt And Capital Lease Obligation
—
—
—
0.78
Current Debt
—
—
—
0.78
Current Deferred Liabilities
46.93
+14.88%
40.86
-9.60%
45.19
-19.75%
56.32
Current Deferred Revenue
46.93
+14.88%
40.86
-9.60%
45.19
-19.75%
56.32
Other Current Liabilities
55.84
+12.23%
49.76
-35.19%
76.77
+9.67%
70.01
Total Non Current Liabilities Net Minority Interest
38.90
-18.08%
47.48
+28.06%
37.08
+25.60%
29.52
Long Term Debt And Capital Lease Obligation
31.54
-10.27%
35.15
+62.14%
21.68
+64.75%
13.16
Long Term Debt
—
—
—
10.84
Long Term Capital Lease Obligation
31.54
-10.27%
35.15
+62.14%
21.68
+64.75%
13.16
Non Current Deferred Liabilities
0.00
-100.00%
4.58
-39.65%
7.58
+37.14%
5.53
Non Current Deferred Taxes Liabilities
0.00
-100.00%
4.58
-39.65%
7.58
+37.14%
5.53
Other Non Current Liabilities
7.36
-5.16%
7.76
-0.78%
7.82
-27.83%
10.84
Preferred Securities Outside Stock Equity
—
—
—
0.82
Stockholders Equity
1,064.58
+3.02%
1,033.41
+5.85%
976.29
+17.56%
830.46
Common Stock Equity
1,064.58
+3.02%
1,033.41
+5.85%
976.29
+17.56%
830.46
Capital Stock
0.09
+0.00%
0.09
+1.08%
0.09
+0.00%
0.09
Common Stock
0.09
+0.00%
0.09
+1.08%
0.09
+0.00%
0.09
Preferred Stock
0.00
0.00
0.00
0.00
Share Issued
9.44
+0.50%
9.39
+0.57%
9.34
+0.48%
9.29
Ordinary Shares Number
8.01
-3.76%
8.32
-3.98%
8.67
-4.26%
9.05
Treasury Shares Number
1.43
+33.62%
1.07
+59.16%
0.67
+177.86%
0.24
Additional Paid In Capital
290.94
+3.46%
281.22
+3.41%
271.95
+3.38%
263.05
Retained Earnings
1,198.16
+16.65%
1,027.13
+18.15%
869.31
+38.26%
628.76
Gains Losses Not Affecting Retained Earnings
0.01
+102.70%
-0.33
+45.85%
-0.61
-52.61%
-0.40
Treasury Stock
424.62
+54.58%
274.69
+67.04%
164.45
+169.42%
61.04
Minority Interest
—
0.00
-100.00%
1.22
+47.76%
0.82
Other Equity Adjustments
0.01
+102.70%
-0.33
+45.85%
-0.61
-52.61%
-0.40
Total Equity Gross Minority Interest
1,064.58
+3.02%
1,033.41
+5.72%
977.50
+17.59%
831.28
Total Capitalization
1,064.58
+3.02%
1,033.41
+5.85%
976.29
+17.56%
830.46
Working Capital
607.02
+4.92%
578.53
+13.17%
511.19
+13.61%
449.95
Invested Capital
1,064.58
+3.02%
1,033.41
+5.85%
976.29
+17.56%
830.46
Total Debt
31.54
-10.27%
35.15
+62.14%
21.68
+64.75%
13.16
Capital Lease Obligations
31.54
-10.27%
35.15
+62.14%
21.68
+64.75%
13.16
Net Tangible Assets
925.88
+4.83%
883.26
+6.17%
831.95
+18.68%
701.00
Tangible Book Value
925.88
+4.83%
883.26
+6.17%
831.95
+18.68%
701.00
Current Provisions
16.20
+53.71%
10.54
—
26.25
Non Current Note Receivables
74.06
+4.19%
71.08
-16.43%
85.05
+30.51%
65.17
Line Item Trend 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Operating Cash Flow
178.50
-20.56%
224.68
-12.13%
255.69
+77.29%
144.22
Cash Flow From Continuing Operating Activities
178.50
-20.56%
224.68
-12.13%
255.69
+77.29%
144.22
Net Income From Continuing Operations
171.04
+8.32%
157.91
-34.44%
240.84
+21.80%
197.74
Depreciation Amortization Depletion
19.26
+3.96%
18.52
+9.60%
16.90
+53.43%
11.02
Depreciation
—
17.00
+14.86%
14.80
+54.17%
9.60
Amortization Cash Flow
—
1.60
-23.81%
2.10
+50.00%
1.40
Depreciation And Amortization
19.26
+3.96%
18.52
+9.60%
16.90
+53.43%
11.02
Amortization Of Intangibles
—
1.60
-23.81%
2.10
+50.00%
1.40
Other Non Cash Items
190.69
-10.92%
214.06
-26.87%
292.72
+8.78%
269.08
Stock Based Compensation
8.68
+28.45%
6.76
+7.92%
6.26
+23.82%
5.06
Provisionand Write Offof Assets
-0.51
+19.15%
-0.63
-22.24%
-0.52
-59.08%
-0.33
Asset Impairment Charge
9.96
0.00
0.00
—
Deferred Tax
-6.52
-111.59%
-3.08
-246.02%
2.11
+221.82%
-1.73
Deferred Income Tax
-6.52
-111.59%
-3.08
-246.02%
2.11
+221.82%
-1.73
Operating Gains Losses
-1.63
+81.72%
-8.91
-7.66%
-8.28
+55.47%
-18.58
Gain Loss On Investment Securities
-1.69
+81.34%
-9.04
+26.50%
-12.30
+33.02%
-18.36
Gain Loss On Sale Of PPE
0.06
-56.06%
0.13
+146.98%
-0.28
-27.73%
-0.22
Change In Working Capital
-212.47
-32.84%
-159.95
+45.66%
-294.36
+7.45%
-318.04
Change In Receivables
-238.26
-25.06%
-190.52
+36.45%
-299.78
-17.95%
-254.15
Changes In Account Receivables
-28.77
-348.75%
11.57
+12.97%
10.24
+137.55%
-27.27
Change In Inventory
-11.36
-125.32%
44.86
+15.41%
38.87
+152.66%
-73.80
Change In Prepaid Assets
7.69
-3.48%
7.97
+139.78%
-20.04
+29.22%
-28.31
Change In Payables And Accrued Expense
29.44
+232.29%
-22.26
-66.07%
-13.40
-135.06%
38.23
Change In Payable
29.44
+232.29%
-22.26
-66.07%
-13.40
-135.06%
38.23
Change In Account Payable
29.44
+232.29%
-22.26
-66.07%
-13.40
-135.06%
38.23
Investing Cash Flow
-23.95
+24.45%
-31.71
+75.48%
-129.34
+18.71%
-159.10
Cash Flow From Continuing Investing Activities
-23.95
+24.45%
-31.71
+75.48%
-129.34
+18.71%
-159.10
Net PPE Purchase And Sale
-21.24
-68.38%
-12.62
+70.17%
-42.29
-144.11%
-17.32
Purchase Of PPE
-21.43
-23.00%
-17.42
+60.50%
-44.11
-136.46%
-18.65
Sale Of PPE
0.18
-96.17%
4.80
+164.59%
1.82
+36.64%
1.33
Capital Expenditure
-21.43
-23.00%
-17.42
+60.50%
-44.11
-136.46%
-18.65
Net Investment Purchase And Sale
-2.71
-2758.82%
0.10
-98.41%
6.40
+1933.24%
-0.35
Purchase Of Investment
-28.11
-115.84%
-13.03
-3.93%
-12.53
+2.08%
-12.80
Sale Of Investment
25.40
+93.50%
13.13
-30.65%
18.93
+52.06%
12.45
Net Business Purchase And Sale
0.00
+100.00%
-19.20
+79.46%
-93.45
+33.93%
-141.43
Purchase Of Business
0.00
+100.00%
-19.20
+81.83%
-105.66
+25.29%
-141.43
Financing Cash Flow
-147.95
-37.36%
-107.71
-5.40%
-102.20
-57.00%
-65.09
Cash Flow From Continuing Financing Activities
-147.95
-37.36%
-107.71
-5.40%
-102.20
-57.00%
-65.09
Net Issuance Payments Of Debt
-0.31
+36.27%
-0.49
+23.87%
-0.64
+93.09%
-9.28
Issuance Of Debt
—
0.00
0.00
-100.00%
0.11
Repayment Of Debt
-0.31
+36.27%
-0.49
+23.87%
-0.64
+93.17%
-9.38
Long Term Debt Issuance
—
0.00
0.00
-100.00%
0.11
Long Term Debt Payments
-0.31
+36.27%
-0.49
+23.87%
-0.64
+93.17%
-9.38
Net Long Term Debt Issuance
-0.31
+36.27%
-0.49
+23.87%
-0.64
+93.09%
-9.28
Net Common Stock Issuance
-148.68
-36.02%
-109.31
-5.70%
-103.41
-73.51%
-59.60
Common Stock Payments
-148.68
-36.02%
-109.31
-5.70%
-103.41
-73.51%
-59.60
Repurchase Of Capital Stock
-148.68
-36.02%
-109.31
-5.70%
-103.41
-73.51%
-59.60
Proceeds From Stock Option Exercised
4.48
-0.27%
4.50
+21.19%
3.71
-16.12%
4.42
Net Other Financing Charges
-3.44
-42.90%
-2.41
-30.02%
-1.85
-188.92%
-0.64
Changes In Cash
6.59
-92.27%
85.26
+252.97%
24.16
+130.21%
-79.97
Beginning Cash Position
368.75
+30.08%
283.49
+9.31%
259.33
-23.57%
339.31
End Cash Position
375.35
+1.79%
368.75
+30.08%
283.49
+9.31%
259.33
Free Cash Flow
157.07
-24.22%
207.26
-2.04%
211.59
+68.50%
125.57
Interest Paid Supplemental Data
0.01
-98.63%
0.80
+29.40%
0.62
+37.25%
0.45
Income Tax Paid Supplemental Data
45.58
+24.01%
36.76
-55.41%
82.44
+162.42%
31.41
Earnings Losses From Equity Investments
0.00
0.00
-100.00%
4.31
0.00
Sale Of Business
0.00
0.00
-100.00%
12.21
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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