Cavco Industries (CVCO)
Builds factory-built homes with lending and insurance for manufactured-home buyers.
Something off on this page? Send us feedback.
Designs and manufactures manufactured and modular homes, park model RVs, cabins, and commercial structures, selling through independent distributors and owned retail stores. Factory-built housing supplies most revenue, with CountryPlace lending and Standard Casualty insurance extending the business into buyer financing and property coverage.
Designs and produces manufactured homes, modular homes, park model RVs, vacation cabins, and factory-built commercial structures. Homes are assembled on flexible production lines in the United States and Mexico, then sold across the United States and Canada through independent distributors, company-owned retail stores, planned-community operators, and residential developers. Regional factories and decentralized management support localized designs, customization, and cost-efficient production.
Operates factory-built housing and financial services as two segments. CountryPlace Acceptance originates and services conforming, non-conforming, and home-only loans for factory-built-home buyers, while Standard Casualty writes property-and-casualty insurance mainly for manufactured-home owners. Demand depends on housing affordability, consumer financing, and interest rates; production economics depend on labor, materials, transportation, and efficient factory utilization. Manufactured homes are built to federal HUD standards, while modular construction follows state and local codes.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Aug 6, 2026 | Zelman | Downgrade | ||
| Jun 5, 2026 | UBS | Target | Target: — | Target: $700 |
| Dec 3, 2024 | Wedbush | Downgrade |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 27, 2026Cash & short-term investments $261.5M · Total debt $39.8M · Total assets $1.54B · Shareholders' equity $1.11B
- Revenue
- $610.0M
- Operating income
- $52.8M
- Net income
- $42.3M
No dividends on record.
| Institutions | ≈ 101.49% | 7.80M shares | |
|---|---|---|---|
| 365 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 1.67% | 128.4K shares | |
| 15 holders · as of Aug 19, 2026 | |||
| Adds to | 103.16% | ||
7.69M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
These groups come from separate filings that can overlap, so they add to 103.16%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 16.24% | 1.25M | as of Jun 30, 2026 |
Capital World InvestorsInstitution | 6.87% | 528,190 | as of Jun 30, 2026 |
Columbia Wanger Asset Management, LLCInstitution | 6.10% | 469,324 | filed Feb 10, 2017 |
State Street CorpInstitution | 5.45% | 419,204 | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 4.52% | 347,619 | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 18, 2026 | Paul Bigbee | officer: Chief Accounting Officer | −342 | $592.00 |
| Jul 30, 2026 | Lisa Lynn Daniels | director | −30 | $569.96 |
| Jun 25, 2026 | Allison Aden | officer: EVP, CFO & Treasurer | −1,473 | $625.00 |
| Jun 12, 2026 | Allison Aden | officer: EVP, CFO & Treasurer | −1,208 | $600.00 |
| Jun 9, 2026 | Richard A. Kerley | director | −500 | $588.76 |
- Berkshire Hathaway Class B
Clayton sets the scale benchmark in off-site housing
- Champion Homes
Closest public pure-play in factory-built housing
- Legacy Housing
Regional manufactured-home maker with captive financing
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Cavco Industries | $547.80 | −1.90% | $4.30B | 24.3 | 22.9 | 1.9 | +9.5% |
| Berkshire Hathaway Class B | $508.81 | +1.06% | $1.09T | 12.7 | 23.4 | 2.8 | +3.0% |
| Champion Homes | $87.17 | −1.89% | $4.88B | 26.0 | 23.6 | 1.8 | +1.3% |
| Legacy Housing | $28.95 | −0.10% | $689.2M | 13.5 | 12.8 | 3.8 | +32.2% |
| Median | 13.5 | 23.4 | 2.8 | +3.0% |