Welcome to our dedicated page for Cavco Industries news (Ticker: CVCO), a resource for investors and traders seeking the latest updates and insights on Cavco Industries stock.
Cavco Industries reports developments in factory-built housing, manufactured and modular home design, and related financial services. The company designs and produces factory-built homes distributed through independent and company-owned retailers, with product categories that include manufactured homes, modular homes, park model RVs, vacation cabins and factory-built commercial structures.
Recurring news for CVCO includes quarterly and annual operating results, factory-built housing margins and backlog trends, stock repurchase authorizations, design recognition from the Manufactured Housing Institute, and updates involving CountryPlace Mortgage and Standard Casualty. Cavco also reports completed acquisitions and integration activity, including the addition of American Homestar, a factory-built housing business with manufacturing, retail, finance and insurance operations.
Cavco (Nasdaq: CVCO) hosted Virginia Governor Abigail Spanberger at its Rocky Mount facility for the ceremonial signing of House Bill 655 and Senate Bill 346, bipartisan zoning reforms for manufactured housing.
The laws, effective July 1, 2026, expand where qualifying manufactured homes can be placed, align zoning rules with site-built homes, and limit separate regulation of manufactured home communities in localities without zoning ordinances.
Cavco Industries (Nasdaq: CVCO) reported fiscal 2026 Q4 net revenue of $550 million, up 8%, with gross margin of 23.1% and net income of $42 million, or $5.42 per diluted share.
Full-year net revenue rose 11.4% to $2.245 billion and diluted EPS was $23.98. Factory-built homes sold reached a record 20,842. Financial services gross profit more than doubled. Backlog was $195 million. Cavco repurchased about $160 million of stock and approved an additional $150 million buyback. The year included six months of American Homestar operations and ground-breaking for a new El Mirage, Arizona production facility.
Cavco Industries (Nasdaq: CVCO) plans to build a new 616,000 square foot home manufacturing facility in El Mirage, Arizona. The fully temperature-controlled plant will produce HUD-code manufactured and modular single-family homes to support affordable housing in Arizona and surrounding states.
The initial design includes one production line, with an option to add a second line with modest additional capital. Construction has broken ground, and Cavco is targeting the facility to be operational by mid-2027, subject to permitting and construction factors.
Cavco (Nasdaq: CVCO) announced on April 14, 2026 that it won two national design awards at the 2026 Manufactured Housing Institute Congress & Expo. Cavco received Manufactured Home Design - Single-Section for the Serenity Cabana and Modular Home Design for the Luxus.
The Serenity Cabana was built in Millersburg, Oregon; the Luxus was built in Goshen, Indiana. The awards recognize Cavco's focus on design, quality, and expanding access to affordable factory-built housing.
Cavco Industries (Nasdaq: CVCO) reported results for the fiscal third quarter ended December 27, 2025, including the completed acquisition of American Homestar on September 29, 2025. Net revenue was $581.0 million, up 11.3% year-over-year; net income was $44.1 million, down 22.0%.
Segment highlights: factory-built housing revenue rose to $558.5 million with homes sold up 3.2%; financial services gross margin improved to 65.2%. Backlog was $160 million (4–6 weeks). Share repurchases totaled ~$44 million, leaving ~$98 million available.
Cavco Industries (Nasdaq: CVCO) reported results for the fiscal second quarter ended September 27, 2025, with Net revenue of $556.5 million, up 9.7% year‑over‑year, and diluted EPS of $6.55, up 24% versus prior-year quarter. Factory-built housing revenue rose on higher volume and ASPs; capacity utilization increased to ~75%. Financial services gross margin expanded to 55.6% driven by higher premiums and lower claims losses. Cavco closed the acquisition of American Homestar, repurchased ~$36 million of stock in the quarter, and reported backlogs of $210 million (~5–7 weeks of production).
Cavco Industries (Nasdaq: CVCO) appointed Lisa L. Daniels as an independent director effective October 27, 2025. Daniels is the former Vice Chair of Growth and Strategy at KPMG with over 35 years of professional services experience and is a qualified SEC audit committee Financial Expert. Her appointment increases the Board to eight directors (seven independent) and she joins the Audit and Corporate Governance and Nominating committees.
Daniels holds a BS in Business Administration from Pepperdine and is a licensed CPA in Arizona and California.
Cavco Industries (Nasdaq: CVCO) has completed the acquisition of American Homestar Corporation for $190 million, funded with cash on hand. The transaction, which closed on September 29, 2025, brings American Homestar's two manufacturing facilities and nineteen retail locations under Cavco's umbrella.
American Homestar, operating as Oak Creek Homes, brings manufacturing capabilities, retail presence across Texas, Louisiana, and Oklahoma, along with manufactured home loan operations and insurance agency services. The acquisition strengthens Cavco's position as one of the largest producers of manufactured and modular homes in the United States.
Cavco Industries (Nasdaq: CVCO) reported strong fiscal 2026 first quarter results, with net revenue reaching $557 million, up 16.6% year-over-year. The company achieved a 14.7% increase in home sales volume and improved capacity utilization to 75%. Net income per diluted share rose 56% to $6.42, driven by higher factory-built housing volume and stronger financial services performance.
The company's factory-built housing segment maintained a 22.6% gross profit margin, while financial services saw significant improvement from -0.6% to 40.9%. Cavco executed $50 million in stock repurchases during the quarter, with $178 million remaining under current authorizations. The company also announced plans to acquire American Homestar Corporation to expand its presence in the South Central US.
Cavco Industries (Nasdaq: CVCO) has announced a definitive agreement to acquire American Homestar Corporation for $190 million in cash. American Homestar, known as Oak Creek Homes, operates two manufacturing facilities and nineteen retail locations, with operations in Texas, Louisiana, and Oklahoma.
The target company generated $194 million in revenue and $16.6 million in net income for the twelve months ended May 31, 2025, producing 1,676 homes with its 800 employees. The acquisition, funded entirely from Cavco's cash reserves, is expected to close in Q3 FY2026, subject to regulatory approvals.
The strategic acquisition strengthens Cavco's presence in the South-Central U.S. manufactured housing market and is expected to be accretive to earnings and cash flow from operations, with potential for operational and cost synergies.