The EPS beat and strong financial services margin expansion are positive, but the flat backlog and uncertain housing environment temper the outlook. The $150M buyback signals management confidence. Watch the upcoming conference call for order momentum commentary and FY2027 guidance.
Price Chart
Executive Summary
Cavco Industries reported Q4 FY2026 EPS of $5.42, a 2.3% beat vs the $5.30 consensus, on revenue of $550M (+8% YoY). The beat was driven by strong financial services margins and higher factory-built housing ASPs, while the company also announced a new $150M buyback authorization.
Key Financial Metrics
Key Facts
- Q4 EPS $5.42 vs consensus $5.30 (2.3% beat)
- Q4 revenue $550M, +8% YoY from $508M
- Financial services gross margin surged to 69.4% from 36.8% YoY
- Full-year EPS $23.98 vs $20.71 (+15.8% YoY)
- Board approved $150M additional stock repurchase program
- Backlog $195M, roughly flat YoY
- Wholesale orders in Q4 up significantly from Q3 and prior-year Q4
Financial Impact
Q4 EPS beat by $0.12; revenue beat by ~$21M vs consensus; $150M buyback authorized (~4% of market cap)
Risk Factors
- Housing demand remains uncertain; wholesale order pickup may not sustain
- Factory-built housing gross margin compressed 110 bps YoY due to higher input costs
- Backlog essentially flat YoY at $195M
- Stock buybacks reduce share count but do not fix underlying demand
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3299722 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 4d ago | Press Release | $534.25 | awaiting T+60 | — | $539.21 (+0.93%) |
Jul 23, 2026 13w ago | Press Release | $569.77 $510.97 | ▼ −10.32% | ▼ −14.05% | $539.21 (−5.36%) |
Jun 16, 2026 19w ago | DEFA14A | $604.47 $523.35 | ▼ −13.42% | ▼ −14.42% | $539.21 (−10.80%) |
Jun 15, 2026 19w ago | Insider Cluster | $604.47 $523.35 | ▼ −13.42% | ▼ −14.42% | $539.21 (−10.80%) |
Jun 1, 2026 21w ago | Insider Cluster | $545.93 $577.37 | ▲ +5.76% | ▲ +4.64% | $539.21 (−1.23%) |
May 27, 2026 21w ago | Insider Cluster | $538.44 $582.55 | ▲ +8.19% | ▲ +6.46% | $539.21 (+0.14%) |
May 22, 2026 22w ago | 8-K | $509.17 $584.77 | ▲ +14.85% | ▲ +11.66% | $539.21 (+5.90%) |
May 21, 2026 22w ago | Press Release | $509.17 $584.77 | ▲ +14.85% | ▲ +11.66% | $539.21 (+5.90%) |
May 14, 2026 23w ago | Press Release | $455.76 $594.18 | ▲ +30.37% | ▲ +25.86% | $539.21 (+18.31%) |
US Market Status
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