CVCO Stock Recent News

Cavco Industries, Inc. excels in factory-built homes, with strong stock performance and a robust balance sheet, but faces valuation concerns. The company's growth is driven by rising demand for affordable housing, though declining revenue per home and inflationary pressures pose risks. Financial services show improvement, but gains are fragile due to weather-related insurance claims and increased customer charges.

Cavco Industries, Inc. (CVCO) Q3 2025 Earnings Call Transcript

Cavco (CVCO) came out with quarterly earnings of $6.90 per share, beating the Zacks Consensus Estimate of $4.12 per share. This compares to earnings of $4.27 per share a year ago.

PHOENIX, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) ("we," "our," the "Company" or "Cavco") today announced financial results for the third fiscal quarter ended December 28, 2024. Quarterly Highlights Net revenue was $522 million , up $75 million or 16.8% compared to $447 million in the third quarter of the prior year, primarily on home sales volume growth.

PHOENIX, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) will release earnings for the third quarter ended December 28, 2024, on Thursday, January 30, 2025, after the close of market. Senior management will discuss the results in a live webcast the following day, Friday, January 31, 2025, at 1:00 p.m. Eastern Time.

After dropping to their lowest level in two years following the Federal Reserve's September rate cut announcement, 30-year fixed-rate mortgages have climbed higher once again. Nonetheless, the environment is looking more favorable for homebuilding companies, as buyers are incentivized to make offers, and companies are better able to access loans to fund development projects and growth.

AI is widely assumed to be big, but AH (Affordable Housing) is a more critical need and is becoming a vital growth investment theme in its own right. That's why shares of Cavco, in particular, and homebuilders, in general, have been performing better than interest rate trends alone might lead one to expect. Investors are looking beyond today's soft company earnings toward gains many expect as society tackles affordability obstacles.

New HUD Codes approve multi-dwelling unit manufactured homes for nationwide construction New HUD Codes approve multi-dwelling unit manufactured homes for nationwide construction

Cavco Industries, Inc. (NASDAQ:CVCO ) Q1 2025 Earnings Conference Call August 2, 2024 1:00 PM ET Company Participants Mark Fusler – Corporate Controller and Investor Relations Bill Boor – President and Chief Executive Officer Allison Aden – Executive Vice President and Chief Financial Officer Paul Bigbee – Chief Accounting Officer Conference Call Participants Daniel Moore – CJS Securities Greg Palm – Craig-Hallum Jay McCanless – Wedbush Operator Good day and thank you for standing by. Welcome to the First Quarter Fiscal Year 2025 Cavco Industries, Inc. Earnings Call Webcast.

Cavco (CVCO) came out with quarterly earnings of $4.11 per share, missing the Zacks Consensus Estimate of $4.97 per share. This compares to earnings of $5.29 per share a year ago.