NVR (NYSE:NVR - Get Free Report) was upgraded by investment analysts at Wall Street Zen from a "sell" rating to a "hold" rating in a research note issued to investors on Saturday.
A number of other equities research analysts have also issued reports on the stock. JPMorgan Chase & Co. cut their target price on shares of NVR from $9,245.00 to $8,570.00 and set a "neutral" rating on the stock in a research note on Wednesday, January 29th. UBS Group decreased their target price on shares of NVR from $8,900.00 to $7,900.00 and set a "neutral" rating for the company in a research report on Wednesday, April 23rd. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $9,023.33.
View Our Latest Stock Report on NVR
NVR Stock Up 2.0%
NYSE:NVR traded up $138.96 during trading hours on Friday, hitting $7,205.35. The company's stock had a trading volume of 22,129 shares, compared to its average volume of 22,160. The stock has a market capitalization of $21.07 billion, a P/E ratio of 14.20, a price-to-earnings-growth ratio of 2.39 and a beta of 1.02. The stock has a fifty day moving average of $7,159.80 and a 200-day moving average of $7,783.75. The company has a current ratio of 6.18, a quick ratio of 3.69 and a debt-to-equity ratio of 0.22. 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 issued its 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). The company had revenue of $2.40 billion during the quarter, compared to analysts' expectations of $2.35 billion. NVR had a net margin of 16.34% and a return on equity of 39.67%. On average, equities analysts forecast that NVR will post 505.2 earnings per share for the current year.
NVR declared that its board has authorized a stock repurchase program on Tuesday, May 6th that permits the company to buyback $750.00 million in outstanding shares. This buyback authorization permits the construction company to reacquire up to 3.6% of its shares through open market purchases. Shares buyback programs are often a sign that the company's board of directors believes its shares are undervalued.
Hedge Funds Weigh In On NVR
A number of institutional investors have recently added to or reduced their stakes in the company. OLD Mission Capital LLC bought a new stake in NVR during the fourth quarter worth about $1,701,000. Markel Group Inc. increased its stake in shares of NVR by 0.9% in the fourth quarter. Markel Group Inc. now owns 11,814 shares of the construction company's stock valued at $96,626,000 after buying an additional 110 shares during the period. Charles Schwab Investment Management Inc. increased its position in NVR by 3.2% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 20,940 shares of the construction company's stock valued at $171,266,000 after purchasing an additional 644 shares during the period. Principal Financial Group Inc. increased its position in NVR by 3.0% during the 4th quarter. Principal Financial Group Inc. now owns 53,538 shares of the construction company's stock valued at $437,882,000 after purchasing an additional 1,549 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. increased its position in NVR by 45.0% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,006 shares of the construction company's stock valued at $8,228,000 after purchasing an additional 312 shares during the period. 83.67% of the stock is currently owned by institutional investors and hedge funds.
NVR Company Profile
(
Get Free Report)
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.
Read More
Before you consider NVR, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and NVR wasn't on the list.
While NVR currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Spring 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.