Cavco Industries, Inc. (NASDAQ:CVCO – Free Report) – Analysts at Northland Securities issued their Q2 2027 earnings per share estimates for shares of Cavco Industries in a research report issued on Wednesday, October 28th. Northland Securities analyst G. Gibas forecasts that the construction company will earn $5.52 per share for the quarter. Northland Securities has an “Outperform” rating and a $650.00 price target on the stock. The consensus estimate for Cavco Industries’ current full-year earnings is $22.66 per share. Northland Securities also issued estimates for Cavco Industries’ Q3 2027 earnings at $5.86 EPS, Q4 2027 earnings at $5.68 EPS, FY2027 earnings at $22.49 EPS and FY2028 earnings at $27.71 EPS.
Cavco Industries (NASDAQ:CVCO – Get Free Report) last posted its quarterly earnings data on Thursday, October 29th. The construction company reported $7.17 earnings per share for the quarter, topping the consensus estimate of $5.52 by $1.65. Cavco Industries had a net margin of 7.89% and a return on equity of 16.51%. The firm had revenue of $656.38 million during the quarter, compared to analysts’ expectations of $613.12 million.
A number of other analysts have also recently commented on the stock. Zacks Research upgraded shares of Cavco Industries from a “strong sell” rating to a “hold” rating in a research report on Tuesday, September 29th. Zelman & Associates cut Cavco Industries from an “outperform” rating to a “neutral” rating in a report on Thursday, August 6th. Weiss Ratings upgraded Cavco Industries from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, September 29th. Finally, Oppenheimer began coverage on Cavco Industries in a research note on Wednesday, September 30th. They set an “outperform” rating and a $720.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $690.00.
View Our Latest Report on CVCO
Cavco Industries Stock Performance
Shares of Cavco Industries stock opened at $547.25 on Friday. Cavco Industries has a 52 week low of $443.33 and a 52 week high of $713.01. The firm has a fifty day moving average of $548.27 and a two-hundred day moving average of $552.38. The stock has a market capitalization of $4.21 billion, a price-to-earnings ratio of 23.81 and a beta of 1.27.
Insider Transactions at Cavco Industries
In related news, CAO Paul Bigbee sold 342 shares of the stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $592.00, for a total value of $202,464.00. Following the sale, the chief accounting officer owned 736 shares in the company, valued at approximately $435,712. This represents a 31.73% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.70% of the company’s stock.
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the stock. BlackRock Inc. acquired a new position in Cavco Industries during the second quarter valued at approximately $767,112,000. Jupiter Topco LLC acquired a new stake in shares of Cavco Industries in the 2nd quarter valued at $42,954,000. Neumeier Poma Investment Counsel LLC acquired a new stake in shares of Cavco Industries in the 2nd quarter valued at $42,826,587. Bessemer Group Inc. increased its stake in shares of Cavco Industries by 3.5% in the 1st quarter. Bessemer Group Inc. now owns 59,878 shares of the construction company’s stock valued at $28,998,000 after purchasing an additional 2,008 shares during the last quarter. Finally, Punch & Associates Investment Management Inc. bought a new position in shares of Cavco Industries in the 2nd quarter valued at $33,133,000. Institutional investors own 95.56% of the company’s stock.
Trending Headlines about Cavco Industries
Here are the key news stories impacting Cavco Industries this week:
- Positive Sentiment: Cavco reported fiscal 2027 second-quarter revenue of $656.4 million, up 17.9% year over year, driven by higher home sales volume and average selling prices. Adjusted earnings of $7.17 per share exceeded the $5.52 consensus estimate by $1.65, while revenue surpassed expectations of $613.1 million. Cavco Industries Reports Fiscal 2027 Second Quarter Results
- Positive Sentiment: Northland Securities initiated coverage with an Outperform rating and a $650 price target, implying approximately 18.8% upside from the referenced $547.25 price. Its forecasts call for $22.49 in fiscal 2027 EPS and $27.71 in fiscal 2028 EPS, suggesting continued earnings growth. Northland Securities Initiates Coverage on Cavco Industries
- Positive Sentiment: Sell-side opinion remains favorable overall: analysts rate CVCO a “Moderate Buy,” supported by the earnings beat, expanding backlogs and the company’s scale. The combination of stronger demand, pricing and volume growth may reinforce the long-term growth thesis. Cavco Industries Stock Rated Moderate Buy by Sell-Side Analysts
- Neutral Sentiment: Northland’s quarterly forecasts project fiscal 2027 EPS of $5.52 in the second quarter, $5.86 in the third quarter and $5.68 in the fourth quarter. Its full-year estimate of $22.49 is slightly below the broader $22.66 consensus, although the longer-term fiscal 2028 estimate is substantially higher.
- Negative Sentiment: Craig Hallum’s earlier $5.21 EPS forecast for the reported quarter was below consensus, highlighting some analyst caution around future results despite the latest substantial earnings and revenue beat.
About Cavco Industries
Cavco Industries, Inc is a manufacturer of factory-built housing and related products. The company designs and produces manufactured homes, modular homes, park model recreational vehicles, and commercial structures for residential, hospitality, and other applications. Its homes are sold through independent retailers, company-owned retail locations, and a network of housing dealers.
Cavco markets its products under several brands, including Cavco, Fleetwood Homes, Palm Harbor Homes, Nationwide Homes, Solitaire Homes, and CountryPlace.
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