Cavco Industries, Inc. (CVCO) AI Stock Analysis

Cavco Industries, Inc. designs, manufactures, and retails factory-built homes across the United States. Operating through Factory-Built Housing and Financial Services segments, the company distributes homes under brands such as Cavco, Fleetwood, Palm Harbor, Nationwide, and Fairmont. Its product lineup encompasses single-family residences, multi-family units, vacation cabins, commercial structures, park model RVs, and modular homes. Cavco sells homes through 45 company-owned retail stores in states including Oregon, Arizona, Nevada, Texas, and Florida, as well as independent distributors, planned community operators, and residential developers. Its financial services operations offer conforming and non-conforming mortgages, home-only loans, and property and casualty insurance.

Cavco expanded revenue from $1.63B in FY2022 to $2.24B in FY2026, achieving a 5-year revenue CAGR of 15.2%. Over that period, annual revenue rose 31.7% in FY2023, fell 16.2% in FY2024, and rebounded 12.3% in FY2025 and 11.4% in FY2026. Operating margin stood at 12.4% in FY2022, 13.8% in FY2023, 10.0% in FY2024, 9.4% in FY2025, and 10.2% in FY2026. In FY2026, net income reached $190.6M with EPS of $23.97. For the latest quarter ended June 30, 2026, quarterly revenue grew 9.5% year-over-year, while quarterly earnings declined 15.4%.

As of June 30, 2026, Cavco held $261.5M in cash and short-term investments against total debt of $39.8M, resulting in net cash of $221.7M. Liquidity remains supported by a current ratio of 2.23 and a debt-to-equity ratio of 0.04 alongside shareholders' equity of $1.11B. In FY2026, operating cash flow reached $267.5M and free cash flow was $232.1M. Capital allocation in FY2026 included $35.4M in capital expenditures and $159.9M in share buybacks, contributing to a 5-year share count change of -16.0%.

At a last close of $521.96 on October 16, 2026, Cavco had a market cap of $4.01B and an enterprise value of $3.94B. The stock trades at a trailing P/E of 22.7x and a forward P/E of 29.5x, above the median of its US-listed Consumer Cyclical peers of 18.0x and 14.1x, respectively. Its EV to EBITDA ratio is 15.1x compared to the peer median of 11.1x, and its price to sales is 1.7x against the peer median of 0.7x. Over the past year, the stock returned -3.4% compared to 16.8% for SPY, while its 5-year return of 127.8% surpassed SPY's 83.0%.

Wall Street coverage includes 3 Strong Buy ratings, 1 Buy, and zero Hold, Sell, or Strong Sell recommendations. The mean price target is $665.00, which is 27.4% above the last close of $521.96. For the current fiscal year ending March 31, 2027, analysts estimate EPS of $22.59, representing an earnings decline of 5.8%, and revenue of $2.45B. Cavco recorded 2 EPS beats over the last 4 quarters, and its next earnings date is October 29, 2026.

This page is an AI-written research summary of Cavco Industries, Inc. (CVCO). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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