CAVCO INDUSTRIES INC Value Stock - Dividend - Research Selection
Cavco industries
ISIN: US1495681074 , WKN: 812972
Market price:
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Description of the company
Cavco Industries, Inc. designs, produces, and retails manufactured homes primarily in the United States. The company operates in two segments, Factory-Built Housing and Financial Services. It markets its manufactured homes under the brand names of Cavco Homes, Fleetwood Homes, Palm Harbor Homes, Fairmont Homes, Friendship Homes, Chariot Eagle, and Lexington Homes. The company also builds park model RVs, vacation cabins, and systems-built commercial structures, such as apartment buildings, condominiums, hotels, workforce housing, schools, and housing for U.S. military troops. In addition, it produces modular homes, including single and multi-section/modular ranch-style dwellings, split-level homes, Cape Cod style homes, two and three story homes, and multi-family units under the Nationwide Homes brand name. Further, the company offers conforming mortgages, non-conforming mortgages, and chattel loans to purchasers of factory-built and site-built homes. Additionally, it provides property and casualty insurance to owners of manufactured homes. As of April 1, 2017, the company owned and operated a network of 43 retail centers located in Oregon, Arizona, New Mexico, Texas, Oklahoma, Louisiana, and Florida. It also distributes its homes through a network of independent distribution points in 48 states in the United States, Canada, Japan, and Mexico, as well as through planned community operators and residential developers. The company was founded in 1965 and is headquartered in Phoenix, Arizona.