Cavco Industries, Inc. (CVCO)

In the past six months, Cavco Industries, Inc. (CVCO) stock has experienced several notable events and performance trends. The stock has risen by 19.32% over the last six months and by 39.70% over the last year, reaching an all-time high of $602.57 USD on October 24, 2025. Key events impacting the stock include earnings reports, with Cavco announcing financial results for the fourth quarter and fiscal year ended March 29, 2025, and reporting Q1 2026 earnings. Cavco Industries completed the acquisition of American Homestar. The company's Board of Directors approved an additional $150 million stock repurchase program. Cavco announced a strategic brand unification, consolidating its manufacturing brands under the Cavco name, resulting in a non-cash charge.

The demand for Cavco Industries' core new home products is generally subject to seasonal fluctuations, typically peaking in the spring and summer months and declining in the winter. The company's diversification across various product lines and operations partially offsets the impact of general housing seasonality. While mortgage servicing operations do not experience seasonal impacts, mortgage origination activities see minimal seasonal fluctuation. The COVID-19 pandemic had previously distorted these typical seasonal patterns. Cavco's "Christmas in October Sale" also suggests a strategic effort to stimulate demand during traditionally slower periods.

Cavco Industries, Inc., founded in 1965 and headquartered in Phoenix, Arizona, specializes in providing affordable housing solutions. Its core business segments include the design and production of manufactured homes, which are factory-built homes known for affordability, energy efficiency, and customizable designs. They also produce modular homes, which are constructed in factory sections and assembled on-site, offering design flexibility similar to traditional site-built homes. Additionally, they offer park model RVs and cabins, which are smaller, portable housing units for temporary or seasonal use. Cavco also produces commercial structures, which are factory-built buildings for various uses, including apartment buildings, condominiums, hotels, workforce housing, schools, and military housing. Through its subsidiaries, Cavco provides mortgage lending and property and casualty insurance for manufactured home owners. Cavco's products are marketed under various brand names.

Cavco Industries, Inc. maintains its headquarters in Phoenix, Arizona, and operates a network of manufacturing facilities and retail locations across the United States. Specific manufacturing locations include multiple states such as Arizona, California, Texas, Florida, Oregon, and Idaho. The company distributes its factory-built homes through independent and company-owned retailers, planned community operators, and residential developers nationwide.

In the past year, Cavco Industries has undertaken initiatives to strengthen its brand reputation while also facing scrutiny over past issues. Cavco unified its manufacturing facilities under the single "Cavco" brand name and introduced a new tagline. Cavco released its inaugural Environmental, Social, and Governance (ESG) report. The company celebrated its 60th anniversary in 2025. There are ongoing discussions and allegations regarding regulatory and antitrust issues. Past legal action by the Securities and Exchange Commission (SEC) against former CEO Joseph Stegmayer and Cavco has been noted. The brand realignment in March 2025 resulted in a non-cash charge.

Cavco Industries, Inc. (CVCO) is primarily owned by institutional shareholders, who hold 95.73% of the company's shares, while individual insiders own 9.03% of the company. Major institutional owners include BlackRock, Inc., Vanguard Group Inc., and others. The largest individual shareholder is Joseph H. Stegmayer, who owns 517,401 shares, representing 6.53% of the company. Recent insider transactions show that several insiders have sold shares in the past year.