Q3 EPS Estimates for Cavco Industries Increased by Wedbush

Cavco Industries, Inc. (NASDAQ:CVCO) – Investment analysts at Wedbush boosted their Q3 2026 earnings estimates for Cavco Industries in a research note issued on Monday, November 3rd. Wedbush analyst J. Mccanless now forecasts that the construction company will post earnings per share of $6.44 for the quarter, up from their prior estimate of $5.95. Wedbush has a “Neutral” rating and a $550.00 price objective 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 2026 earnings at $6.70 EPS, FY2026 earnings at $26.11 EPS and Q4 2027 earnings at $7.10 EPS.

Cavco Industries (NASDAQ:CVCO) last issued its earnings results on Thursday, October 30th. The construction company reported $6.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.30 by $0.25. Cavco Industries had a net margin of 8.99% and a return on equity of 18.52%. The company had revenue of $556.53 million during the quarter, compared to analysts’ expectations of $542.92 million.

Separately, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Cavco Industries in a report on Wednesday, October 8th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $550.00.

Cavco Industries Price Performance

Shares of NASDAQ CVCO opened at $530.74 on Tuesday. Cavco Industries has a 12-month low of $393.53 and a 12-month high of $602.57. The company has a market capitalization of $4.20 billion, a PE ratio of 23.01 and a beta of 1.23. The firm’s 50-day moving average is $546.74 and its two-hundred day moving average is $489.40.

Insider Activity

In other news, CAO Paul Bigbee sold 300 shares of the business’s stock in a transaction that occurred on Friday, August 29th. The shares were sold at an average price of $530.45, for a total value of $159,135.00. Following the completion of the transaction, the chief accounting officer owned 774 shares of the company’s stock, valued at $410,568.30. The trade was a 27.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Richard A. Kerley sold 500 shares of the stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $480.55, for a total transaction of $240,275.00. Following the transaction, the director directly owned 7,169 shares in the company, valued at approximately $3,445,062.95. This represents a 6.52% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 5,600 shares of company stock valued at $2,820,884 over the last 90 days. Insiders own 1.60% of the company’s stock.

Hedge Funds Weigh In On Cavco Industries

A number of large investors have recently bought and sold shares of CVCO. Salomon & Ludwin LLC acquired a new stake in shares of Cavco Industries in the third quarter worth $31,000. Farther Finance Advisors LLC increased its position in shares of Cavco Industries by 151.4% in the second quarter. Farther Finance Advisors LLC now owns 88 shares of the construction company’s stock worth $38,000 after acquiring an additional 53 shares in the last quarter. Mather Group LLC. acquired a new stake in shares of Cavco Industries in the third quarter worth $63,000. Osaic Holdings Inc. increased its position in shares of Cavco Industries by 118.2% in the second quarter. Osaic Holdings Inc. now owns 120 shares of the construction company’s stock worth $57,000 after acquiring an additional 65 shares in the last quarter. Finally, Parkside Financial Bank & Trust increased its position in shares of Cavco Industries by 1,814.3% in the second quarter. Parkside Financial Bank & Trust now owns 134 shares of the construction company’s stock worth $58,000 after acquiring an additional 127 shares in the last quarter. Hedge funds and other institutional investors own 95.56% 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.