Brokers Set Expectations for NVR's Q3 Earnings (NYSE:NVR)

Key Points

• Zacks Research raised NVR’s Q3 2026 EPS estimate to $107.52 from $107.17 and projects full-year 2026 EPS of $371.53, with estimates rising to $414.76 for 2027 and $453.30 for 2028.
• Despite the improved earnings outlook, Zacks maintained a “Hold” rating. The broader analyst consensus is also “Hold,” with a target price of $7,224.20.
• NVR’s latest quarter showed pressure, with revenue down 10.5% year over year to $2.34 billion and EPS of $83.96 versus $108.54 a year earlier; shares opened at $6,362.57, while institutional investors own 83.67% of the stock.

NVR, Inc. (NYSE:NVR - Free Report) - Stock analysts at Zacks Research increased their Q3 2026 EPS estimates for NVR in a research note issued to investors on Thursday, August 20th. Zacks Research analyst Team now anticipates that the construction company will post earnings of $107.52 per share for the quarter, up from their prior estimate of $107.17. Zacks Research has a "Hold" rating on the stock. The consensus estimate for NVR's current full-year earnings is $367.13 per share. Zacks Research also issued estimates for NVR's FY2026 earnings at $371.53 EPS, Q1 2027 earnings at $76.34 EPS, Q2 2027 earnings at $99.24 EPS, Q4 2027 earnings at $121.38 EPS, FY2027 earnings at $414.76 EPS, Q1 2028 earnings at $89.29 EPS, Q2 2028 earnings at $109.45 EPS and FY2028 earnings at $453.30 EPS.

NVR has been the topic of a number of other reports. UBS Group decreased their target price on NVR from $7,700.00 to $7,400.00 and set a "neutral" rating on the stock in a research report on Friday, July 24th. Wall Street Zen raised NVR from a "sell" rating to a "hold" rating in a report on Saturday, May 9th. Bank of America reduced their price objective on NVR from $7,600.00 to $7,200.00 and set a "buy" rating for the company in a research report on Monday, July 20th. Zelman & Associates raised NVR from a "hold" rating to a "buy" rating in a report on Tuesday, July 7th. Finally, Weiss Ratings upgraded NVR from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Tuesday, August 18th. Three investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat.com, NVR has a consensus rating of "Hold" and a consensus target price of $7,224.20.

NVR Stock Up 0.1%

Shares of NVR opened at $6,362.57 on Monday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.24 and a current ratio of 5.28. The company has a 50-day simple moving average of $6,448.99 and a 200-day simple moving average of $6,607.90. NVR has a 52 week low of $5,501.01 and a 52 week high of $8,618.28. The firm has a market capitalization of $16.92 billion, a P/E ratio of 16.50, a P/E/G ratio of 10.63 and a beta of 0.91.

NVR (NYSE:NVR - Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The construction company reported $83.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.90 by $83.06. NVR had a net margin of 12.26% and a return on equity of 31.02%. The company had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.40 billion. During the same period last year, the business posted $108.54 EPS. The business's quarterly revenue was down 10.5% on a year-over-year basis.

Insider Buying and Selling at NVR

In other NVR news, Director George Oliver bought 63 shares of the stock in a transaction that occurred on Friday, August 7th. The shares were acquired at an average price of $6,431.51 per share, with a total value of $405,185.13. Following the completion of the purchase, the director directly owned 63 shares in the company, valued at $405,185.13. The trade was a ∞ increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Company insiders own 8.60% of the company's stock.

Institutional Investors Weigh In On NVR

A number of institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. acquired a new position in shares of NVR in the 2nd quarter worth approximately $2,004,324,000. Capital Research Global Investors boosted its stake in NVR by 0.4% in the 4th quarter. Capital Research Global Investors now owns 133,554 shares of the construction company's stock valued at $973,979,000 after buying an additional 551 shares in the last quarter. Corient Private Wealth LLC grew its position in NVR by 407.5% in the fourth quarter. Corient Private Wealth LLC now owns 45,572 shares of the construction company's stock valued at $332,346,000 after acquiring an additional 36,592 shares during the period. Norges Bank acquired a new position in NVR during the fourth quarter worth $311,496,000. Finally, Capital World Investors raised its stake in NVR by 0.3% during the fourth quarter. Capital World Investors now owns 40,703 shares of the construction company's stock worth $296,838,000 after acquiring an additional 127 shares in the last quarter. 83.67% of the stock is owned by institutional investors and hedge funds.

More NVR News

Here are the key news stories impacting NVR this week:

• Positive Sentiment: Zacks Research increased its NVR EPS forecast for the third quarter of 2026 to $107.52 from $107.17 and lifted its full-year 2026 estimate to $371.53 from $371.09. Estimates were also raised for full-year 2027 to $414.76 and full-year 2028 to $453.30. Zacks Research Issues Optimistic Forecast for NVR Earnings
• Positive Sentiment: Smaller upward revisions were made to forecasts for the first and second quarters of 2027 and 2028, as well as the fourth quarter of 2027, reinforcing the view of improving long-term earnings. Zacks now projects $453.30 in EPS for FY2028, up from $452.16.
• Neutral Sentiment: Despite the higher estimates, Zacks Research maintained a “Hold” rating, indicating that the improved earnings outlook is not yet strong enough to support a more bullish recommendation.

About NVR

NVR, Inc is a U.S.-based homebuilding and mortgage banking company that designs, constructs and sells single-family detached homes, townhomes and condominiums. The company operates primarily through its homebuilding business and a mortgage banking subsidiary, providing financing and related closing services to its homebuyers. NVR's homebuilding activities include land development, community planning, model home sales and construction management aimed at a range of buyer demographics.

Its homes are marketed under recognizable regional brands, including Ryan Homes and NVHomes, along with other market-specific trade names, and are offered across multiple geographic markets in the United States.

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