Cavco Industries, Inc. (CVCO)

In the past six months, Cavco Industries' stock price has experienced fluctuations, with a 52-week high of $713.00 and a 52-week low of $393.53. Key events impacting the stock include Q3 Fiscal Year 2026 Earnings, where the company reported a decrease in pretax profit, net income, and diluted earnings per share due to higher per-unit costs, increased SG&A expenses, and a higher effective income tax rate. Q4 Fiscal Year 2025 Earnings showed substantial unit shipment and revenue growth, with factory utilization significantly higher, but average revenue per home sold declined.

Demand for Cavco Industries' products and services exhibits seasonality, with the fourth fiscal quarter typically ushering in the spring selling season. The company generally observes an uptick in orders in March and maintains its daily production rates to be well-positioned for opportunities during the spring selling season.

Cavco Industries, Inc. is a leading producer of factory-built housing in the United States, with a presence in parts of Canada and Mexico. The company designs and produces a range of factory-built homes, including manufactured homes, modular homes, park model recreational vehicles, vacation cabins, and factory-built commercial structures. Cavco operates through two primary segments: Factory-built Housing and Financial Services.

Cavco Industries primarily operates across the United States, with 33 homebuilding production lines and 99 company-owned retail stores. The company has also expanded its footprint into parts of Canada and Mexico. Its corporate office is located in Phoenix, Arizona.

Cavco Industries maintains a strong brand reputation, evidenced by recognition as the MHI Manufacturer of the Year for seven consecutive years and listings in Forbes Magazine's "100 Best Managed Companies in the U.S." and "America's 100 Best Mid-Sized Companies." The company released its 2024 Environmental, Social and Governance (ESG) Report, highlighting its commitment to affordable housing solutions, environmental sustainability, and transparent governance practices. A major rebranding of all manufacturing plants under the unified Cavco name aims to enhance digital and dealer channel effectiveness and streamline product lines.

Institutional investors hold a significant portion of Cavco Industries' stock, exceeding 60% of the free float. Insider ownership is estimated to be around 5-7%. Major institutional holders include BlackRock, Inc., The Vanguard Group, Inc., and Capital Research and Management Company. Recent insider transactions include buys by Independent Director David Greenblatt, President, CEO & Director William Boor, and Independent Director Steven Moster.