NVR, Inc. (NYSE:NVR) Given Consensus Rating of "Hold" by Analysts

NVR, Inc. (NYSE:NVR - Get Free Report) has received an average recommendation of "Hold" from the four brokerages that are presently covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $9,023.33.

A number of equities analysts have commented on the stock. UBS Group dropped their price objective on shares of NVR from $8,900.00 to $7,900.00 and set a "neutral" rating for the company in a research note on Wednesday, April 23rd. Wall Street Zen cut shares of NVR from a "hold" rating to a "sell" rating in a research note on Monday, June 30th.

Hedge Funds Weigh In On NVR

A number of large investors have recently made changes to their positions in NVR. Brighton Jones LLC boosted its stake in shares of NVR by 68.9% during the 4th quarter. Brighton Jones LLC now owns 76 shares of the construction company's stock worth $622,000 after purchasing an additional 31 shares during the period. Proficio Capital Partners LLC purchased a new position in shares of NVR during the 4th quarter worth about $401,000. EverSource Wealth Advisors LLC boosted its stake in shares of NVR by 150.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 5 shares of the construction company's stock worth $41,000 after purchasing an additional 3 shares during the period. Signaturefd LLC boosted its stake in shares of NVR by 8.0% during the 4th quarter. Signaturefd LLC now owns 27 shares of the construction company's stock worth $221,000 after purchasing an additional 2 shares during the period. Finally, Mizuho Securities USA LLC boosted its stake in shares of NVR by 45.0% during the 4th quarter. Mizuho Securities USA LLC now owns 290 shares of the construction company's stock worth $2,372,000 after purchasing an additional 90 shares during the period. 83.67% of the stock is owned by hedge funds and other institutional investors.

NVR Stock Performance

Shares of NYSE NVR opened at $7,427.78 on Friday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 3.02 and a current ratio of 5.37. The company has a market cap of $21.72 billion, a P/E ratio of 15.29, a P/E/G ratio of 4.05 and a beta of 0.99. The firm's fifty day moving average is $7,299.58 and its two-hundred day moving average is $7,402.77. NVR has a 52-week low of $6,562.85 and a 52-week high of $9,964.77.

NVR (NYSE:NVR - Get Free Report) last announced its quarterly earnings results on Tuesday, April 22nd. The construction company reported $94.83 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $107.87 by ($13.04). NVR had a net margin of 15.33% and a return on equity of 38.32%. The company had revenue of $2.40 billion during the quarter, compared to the consensus estimate of $2.35 billion. As a group, analysts anticipate that NVR will post 505.2 EPS for the current fiscal year.

NVR declared that its board has approved a share repurchase program on Tuesday, May 6th that permits the company to buyback $750.00 million in shares. This buyback authorization permits the construction company to purchase up to 3.6% of its shares through open market purchases. Shares buyback programs are often an indication that the company's management believes its shares are undervalued.

NVR Company Profile

NVR, Inc operates as a homebuilder in the United States. The company operates through, Homebuilding and Mortgage Banking segments. It engages in the construction and sale of single-family detached homes, townhomes, and condominium buildings under the Ryan Homes, NVHomes, and Heartland Homes names. The company markets its Ryan Homes products to first-time and first-time move-up buyers; and NVHomes and Heartland Homes products to move-up and luxury buyers.

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