Cavco Industries will release Q3 earnings on January 30, 2025, with a webcast discussion on January 31.
Quiver AI Summary
Cavco Industries, Inc. will announce its earnings for the third quarter ending December 28, 2024, on January 30, 2025, after market close. Following this, senior management will host a live webcast to discuss the results on January 31, 2025, at 1:00 p.m. Eastern Time. Participants can listen via the internet or register for dial-in information. If individuals cannot attend the live session, the recording will be available for 90 days online. Based in Phoenix, Arizona, Cavco is a major manufacturer of factory-built housing products, offering a wide range of brands including Cavco and Fleetwood. The company also produces park model RVs and has a finance subsidiary, CountryPlace Mortgage, that provides various mortgage options, and an insurance subsidiary, Standard Casualty, which offers coverage for manufactured homes.
Potential Positives
- Cavco Industries will release its third-quarter earnings, demonstrating transparency and commitment to informing investors of its financial performance.
- The earnings call is scheduled the day after the earnings release, allowing for immediate discussion and analysis of the results.
- The company's extensive range of recognized brand names indicates a strong market presence and consumer recognition in the manufactured and modular housing industry.
- Cavco's finance and insurance subsidiaries provide added value to customers, enhancing the company's service offerings and vertical integration in the housing market.
Potential Negatives
- None
FAQ
When will Cavco Industries release its Q3 earnings for 2024?
Cavco Industries will release its Q3 earnings on January 30, 2025, after the market closes.
How can I listen to Cavco's earnings webcast?
The earnings webcast can be listened to live on January 31, 2025, at 1:00 p.m. ET via their investor website.
Will a recording of the webcast be available?
Yes, a recording of the webcast will be available for 90 days on Cavco's investor website.
What does Cavco Industries specialize in?
Cavco Industries specializes in designing and producing factory-built housing products and is a leading producer of manufactured homes.
What financial services does Cavco offer?
Cavco's finance subsidiary offers various mortgage products, including conforming and non-conforming mortgages for factory-built homes.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$CVCO Insider Trading Activity
$CVCO insiders have traded $CVCO stock on the open market 12 times in the past 6 months. Of those trades, 0 have been purchases and 12 have been sales.
Here’s a breakdown of recent trading of $CVCO stock by insiders over the last 6 months:
- STEVEN G BUNGER sold 4,000 shares for an estimated $1,636,800
- SUSAN L BLOUNT has made 0 purchases and 3 sales selling 3,500 shares for an estimated $1,540,044.
- JACK S BRANDOM (President, Financial Services) sold 1,000 shares for an estimated $535,340
- RICHARD A KERLEY sold 500 shares for an estimated $258,135
- STEVEN K. LIKE (Senior Vice President) has made 0 purchases and 2 sales selling 575 shares for an estimated $210,803.
- JULIA SZE has made 0 purchases and 2 sales selling 250 shares for an estimated $120,248.
- PAUL BIGBEE (Chief Accounting Officer) has made 0 purchases and 2 sales selling 188 shares for an estimated $86,546.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$CVCO Hedge Fund Activity
We have seen 139 institutional investors add shares of $CVCO stock to their portfolio, and 128 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PACER ADVISORS, INC. removed 203,662 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $87,216,214
- AMERICAN CENTURY COMPANIES INC removed 137,705 shares (-70.9%) from their portfolio in Q3 2024, for an estimated $58,970,789
- BLACKROCK, INC. added 59,469 shares (+4.8%) to their portfolio in Q3 2024, for an estimated $25,467,004
- SG CAPITAL MANAGEMENT LLC added 47,096 shares (+133.1%) to their portfolio in Q3 2024, for an estimated $20,168,391
- INTRINSIC EDGE CAPITAL MANAGEMENT LLC added 40,000 shares (+inf%) to their portfolio in Q3 2024, for an estimated $17,129,600
- BROAD BAY CAPITAL MANAGEMENT, LP removed 35,150 shares (-16.3%) from their portfolio in Q3 2024, for an estimated $15,052,636
- WELLINGTON MANAGEMENT GROUP LLP removed 35,086 shares (-12.2%) from their portfolio in Q3 2024, for an estimated $15,025,228
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
PHOENIX, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) will release earnings for the third quarter ended December 28, 2024, on Thursday, January 30, 2025, after the close of market. Senior management will discuss the results in a live webcast the following day, Friday, January 31, 2025, at 1:00 p.m. Eastern Time.
Date: January 31, 2025
Time: 1:00 p.m. ET
Listen via Internet:
https://investor.cavco.com/
Listen via Telephone: To participate in the call, please register here to receive the dial-in number and your unique PIN.
If you are unable to participate during the live webcast, the call will be available for 90 days on https://investor.cavco.com/ .
Cavco Industries, Inc., headquartered in Phoenix, Arizona, designs and produces factory-built housing products primarily distributed through a network of independent and Company-owned retailers. We are one of the largest producers of manufactured and modular homes in the United States, based on reported wholesale shipments. Our products are marketed under a variety of brand names including Cavco, Fleetwood, Palm Harbor, Nationwide, Fairmont, Friendship, Chariot Eagle, Destiny, Commodore, Colony, Pennwest, R-Anell, Manorwood, MidCountry and Solitaire. We are also a leading producer of park model RVs, vacation cabins and factory-built commercial structures. Cavco's finance subsidiary, CountryPlace Mortgage, is an approved Fannie Mae and Freddie Mac seller/servicer and a Ginnie Mae mortgage-backed securities issuer that offers conforming mortgages, non-conforming mortgages and home-only loans to purchasers of factory-built homes. Our insurance subsidiary, Standard Casualty, provides property and casualty insurance to owners of manufactured homes.