Cavco Industries Q4 revenue rises on factory-built housing segment growth

Cavco Industries

21/05/2026 21:20

Overview

U.S. factory-built housing maker's Q4 revenue rose 8% yr/yr but missed analyst expectations

Q4 diluted EPS rose 21% yr/yr to $5.42

Company approved additional $150 mln stock repurchase program

Outlook

Company says market conditions remain uncertain and have not materially improved

Company continues to invest in expansion and digital transformation

Result Drivers

HIGHER SELLING PRICES - Factory-built housing segment revenue rose due to higher average selling price per home, mainly from increased sales through company-owned stores and product mix

FINANCIAL SERVICES GROWTH - Financial services segment revenue increased due to more loan sales after securing a long-term agreement with a third-party investor and improved insurance performance

AMERICAN HOMESTAR ACQUISITION - Acquisition of American Homestar contributed to revenue and exceeded expectations for synergies and operating performance, per CEO Bill Boor

Company press release: ID:nGNX4sNhVL

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Miss
$550.12 mln
$571.06 mln (2 Analysts)
Q4 EPS
$5.42


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the homebuilding peer group is "hold."

Wall Street's median 12-month price target for Cavco Industries Inc is $587.50, about 18.7% above its May 20 closing price of $495.11

The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 18 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)