NVR, Inc. (NYSE:NVR) Receives Consensus Rating of "Hold" from Analysts

Key Points

• NVR, Inc. has received a consensus rating of "Hold" from four analysts, with three recommending a hold and one a buy.
• The company's average 1-year target price among brokers is $8,783.33, reflecting varied analyst opinions and recent price increases.
• NVR reported earnings of $108.54 per share, exceeding expectations, despite a slight 0.5% decrease in revenue year-over-year.

NVR, Inc. (NYSE:NVR - Get Free Report) has received an average rating of "Hold" from the four analysts that are covering the firm, MarketBeat reports. Three equities research analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $8,783.3333.

A number of equities research analysts have weighed in on the company. JPMorgan Chase & Co. raised their target price on NVR from $7,200.00 to $7,600.00 and gave the company a "neutral" rating in a report on Thursday, July 24th. UBS Group raised their target price on NVR from $7,900.00 to $8,150.00 and gave the company a "neutral" rating in a report on Thursday, July 24th. Finally, Wall Street Zen upgraded NVR from a "sell" rating to a "hold" rating in a research report on Saturday, August 9th.

NVR Trading Up 0.1%

Shares of NYSE:NVR opened at $8,042.50 on Thursday. The company has a market capitalization of $23.08 billion, a P/E ratio of 16.97, a P/E/G ratio of 11.17 and a beta of 0.94. NVR has a 1 year low of $6,562.85 and a 1 year high of $9,964.77. The company has a debt-to-equity ratio of 0.24, a current ratio of 5.79 and a quick ratio of 2.97. The business's 50 day simple moving average is $8,073.18 and its 200 day simple moving average is $7,531.92.

NVR (NYSE:NVR - Get Free Report) last issued its earnings results on Wednesday, July 23rd. The construction company reported $108.54 earnings per share for the quarter, beating analysts' consensus estimates of $104.89 by $3.65. The firm had revenue of $2.55 billion for the quarter, compared to the consensus estimate of $2.46 billion. NVR had a return on equity of 37.35% and a net margin of 14.68%.The company's revenue was down .5% compared to the same quarter last year. During the same quarter last year, the business posted $120.69 EPS. On average, research analysts anticipate that NVR will post 505.2 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CAO Matthew B. Kelpy sold 600 shares of the business's stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $8,100.00, for a total transaction of $4,860,000.00. Following the sale, the chief accounting officer owned 208 shares in the company, valued at $1,684,800. The trade was a 74.26% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Alexandra A. Jung sold 200 shares of the business's stock in a transaction on Tuesday, August 26th. The stock was sold at an average price of $8,082.44, for a total value of $1,616,488.00. Following the sale, the director owned 75 shares in the company, valued at $606,183. This represents a 72.73% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 975 shares of company stock worth $7,869,360 in the last 90 days. Insiders own 7.00% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Peak Financial Advisors LLC lifted its holdings in NVR by 1.3% during the 1st quarter. Peak Financial Advisors LLC now owns 153 shares of the construction company's stock worth $1,108,000 after buying an additional 2 shares during the period. Salvus Wealth Management LLC lifted its stake in shares of NVR by 0.6% in the 1st quarter. Salvus Wealth Management LLC now owns 338 shares of the construction company's stock valued at $2,449,000 after purchasing an additional 2 shares during the period. Fifth Third Bancorp lifted its stake in shares of NVR by 6.9% in the 1st quarter. Fifth Third Bancorp now owns 31 shares of the construction company's stock valued at $225,000 after purchasing an additional 2 shares during the period. Ballentine Partners LLC lifted its stake in shares of NVR by 6.7% in the 1st quarter. Ballentine Partners LLC now owns 32 shares of the construction company's stock valued at $232,000 after purchasing an additional 2 shares during the period. Finally, Nissay Asset Management Corp Japan ADV lifted its stake in shares of NVR by 0.5% in the 1st quarter. Nissay Asset Management Corp Japan ADV now owns 386 shares of the construction company's stock valued at $2,796,000 after purchasing an additional 2 shares during the period. 83.67% of the stock is owned by institutional investors and hedge funds.

About NVR

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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