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The latest announcement is out from Cavco Industries ( (CVCO) ).
Cavco Industries reported strong results for the fourth quarter and fiscal year ended March 28, 2026, with quarterly net revenue up 8% year on year to $550 million and net income rising to $42 million, or $5.42 per diluted share. For the full year, net revenue grew 11.4% to $2.245 billion, income before taxes increased 15.9% to $245 million, earnings per diluted share climbed to $23.98, and the company sold a record number of homes while slightly reducing backlogs.
Operationally, Cavco highlighted higher average selling prices driven by a greater mix of sales through company-owned stores and product mix, as well as sharply improved financial services revenue and gross profit supported by increased loan sales and the addition of American Homestar’s finance operations. Management emphasized progress on digital marketing, branding and product transformations, integration synergies from the American Homestar acquisition, and the start of construction on a new state-of-the-art production facility in El Mirage, Arizona. On May 18, 2026, the board also approved a new $150 million stock repurchase program, following approximately $160 million in buybacks during the year, underscoring an active capital return strategy alongside growth investment.
MainPoint1: Cavco delivered double-digit fiscal 2026 revenue and earnings growth, sold a record number of homes, and modestly reduced backlogs while benefiting from higher average selling prices and stronger financial services performance.
MainPoint2: The company advanced its strategic positioning through digital and product initiatives, integration of American Homestar, construction of a new Arizona production facility, and authorization of an additional $150 million share repurchase program after $160 million in buybacks.
The most recent analyst rating on (CVCO) stock is a Buy with a $575.00 price target. To see the full list of analyst forecasts on Cavco Industries stock, see the CVCO Stock Forecast page.
Spark’s Take on CVCO Stock
According to Spark, TipRanks’ AI Analyst, CVCO is a Neutral.
Score is driven by strong financial performance (especially the very low leverage balance sheet and solid cash generation) but is held back by very weak technicals (price below major moving averages and negative MACD). Earnings-call takeaways are mixed—credible synergy and buyback support offset by margin/earnings pressure and soft industry demand—while valuation appears mid-range.
To see Spark’s full report on CVCO stock, click here.
More about Cavco Industries
Cavco Industries, Inc. is a U.S.-based manufacturer of factory-built housing that sells homes through company-owned retail stores and independent dealers, complemented by insurance and lending operations. The company focuses on providing factory-built housing solutions to address the nation’s worsening housing affordability challenges and has been expanding its production footprint and financial services capabilities.
Average Trading Volume: 149,858
Technical Sentiment Signal: Sell
Current Market Cap: $3.84B
For an in-depth examination of CVCO stock, go to TipRanks’ Overview page.