Wedbush Reduces Earnings Estimates for Cavco Industries

Cavco Industries, Inc. (NASDAQ:CVCO) – Equities research analysts at Wedbush lowered their FY2025 earnings estimates for shares of Cavco Industries in a report issued on Monday, May 19th. Wedbush analyst J. Mccanless now anticipates that the construction company will earn $21.24 per share for the year, down from their previous estimate of $21.93. Wedbush has a “Neutral” rating and a $550.00 price target on the stock. The consensus estimate for Cavco Industries’ current full-year earnings is $21.93 per share. Wedbush also issued estimates for Cavco Industries’ Q4 2025 earnings at $5.23 EPS.

Separately, StockNews.com downgraded shares of Cavco Industries from a “buy” rating to a “hold” rating in a report on Thursday, May 15th.

Cavco Industries Stock Performance

Shares of Cavco Industries stock opened at $516.02 on Wednesday. The company has a market capitalization of $4.18 billion, a P/E ratio of 25.39 and a beta of 1.29. The company has a fifty day moving average of $501.61 and a 200 day moving average of $493.48. Cavco Industries has a fifty-two week low of $331.08 and a fifty-two week high of $549.99.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Barclays PLC lifted its holdings in shares of Cavco Industries by 162.0% in the 3rd quarter. Barclays PLC now owns 17,234 shares of the construction company’s stock valued at $7,381,000 after acquiring an additional 10,656 shares during the last quarter. Park Avenue Securities LLC lifted its holdings in shares of Cavco Industries by 30.8% in the 4th quarter. Park Avenue Securities LLC now owns 1,369 shares of the construction company’s stock valued at $611,000 after acquiring an additional 322 shares during the last quarter. Crossmark Global Holdings Inc. lifted its holdings in shares of Cavco Industries by 28.5% in the 4th quarter. Crossmark Global Holdings Inc. now owns 622 shares of the construction company’s stock valued at $277,000 after acquiring an additional 138 shares during the last quarter. Mitsubishi UFJ Asset Management UK Ltd. lifted its holdings in shares of Cavco Industries by 66.7% in the 4th quarter. Mitsubishi UFJ Asset Management UK Ltd. now owns 2,500 shares of the construction company’s stock valued at $1,116,000 after acquiring an additional 1,000 shares during the last quarter. Finally, Sheets Smith Wealth Management lifted its holdings in shares of Cavco Industries by 3.4% in the 4th quarter. Sheets Smith Wealth Management now owns 2,084 shares of the construction company’s stock valued at $930,000 after acquiring an additional 69 shares during the last quarter. Institutional investors own 95.56% of the company’s stock.

Insider Buying and Selling at Cavco Industries

In other Cavco Industries news, Director David A. Greenblatt sold 4,000 shares of the stock in a transaction dated Wednesday, March 5th. The shares were sold at an average price of $528.88, for a total transaction of $2,115,520.00. Following the completion of the transaction, the director now owns 15,286 shares of the company’s stock, valued at $8,084,459.68. This represents a 20.74% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 1.60% of the company’s stock.

About Cavco Industries

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 markets its factory-built homes under the Cavco, Fleetwood, Palm Harbor, Nationwide, Fairmont, Friendship, Chariot Eagle, Destiny, Commodore, Colony, Pennwest, R-Anell, Manorwood, MidCountry, and Solitaire brands.