Zacks Research Issues Pessimistic Forecast for NVR Earnings

Key Points

• Zacks Research has revised down its earnings per share estimate for NVR's Q4 2025, lowering it from $110.12 to $101.42, while the overall full-year earnings estimate stands at $505.20 per share.
• NVR's recent quarterly earnings report showed an EPS of $108.54, surpassing expectations, but its revenue decreased by 0.5% compared to the previous year.
• The company has announced a $750 million share buyback program, indicating that management believes its shares are undervalued.

NVR, Inc. (NYSE:NVR - Free Report) - Research analysts at Zacks Research cut their Q4 2025 EPS estimates for shares of NVR in a note issued to investors on Wednesday, August 13th. Zacks Research analyst Team now anticipates that the construction company will post earnings of $101.42 per share for the quarter, down from their prior forecast of $110.12. The consensus estimate for NVR's current full-year earnings is $505.20 per share. Zacks Research also issued estimates for NVR's Q1 2026 earnings at $105.78 EPS, Q3 2026 earnings at $102.01 EPS, Q4 2026 earnings at $97.05 EPS, FY2026 earnings at $416.97 EPS, Q1 2027 earnings at $116.15 EPS, Q2 2027 earnings at $124.18 EPS and FY2027 earnings at $466.01 EPS.

A number of other analysts also recently weighed in on NVR. JPMorgan Chase & Co. upped their price target on shares of NVR from $7,200.00 to $7,600.00 and gave the stock a "neutral" rating in a report on Thursday, July 24th. UBS Group upped their price target on shares of NVR from $7,900.00 to $8,150.00 and gave the stock a "neutral" rating in a report on Thursday, July 24th. Finally, Wall Street Zen raised shares of NVR from a "sell" rating to a "hold" rating in a report on Saturday, August 9th. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $8,783.33.

NVR Price Performance

Shares of NVR stock traded up $94.08 on Friday, reaching $8,245.82. 678 shares of the stock were exchanged, compared to its average volume of 22,878. The firm's 50 day moving average is $7,597.69 and its 200-day moving average is $7,354.09. NVR has a one year low of $6,562.85 and a one year high of $9,964.77. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.97 and a current ratio of 5.79. The firm has a market cap of $23.67 billion, a PE ratio of 17.40, a P/E/G ratio of 11.78 and a beta of 0.94.

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

Hedge Funds Weigh In On NVR

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Fifth Third Wealth Advisors LLC increased its position in NVR by 1.1% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 177 shares of the construction company's stock valued at $1,282,000 after acquiring an additional 2 shares during the period. Peak Financial Advisors LLC increased its position in shares of NVR by 1.3% during the first 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 increased its position in shares of NVR by 0.6% during the first quarter. Salvus Wealth Management LLC now owns 338 shares of the construction company's stock worth $2,449,000 after buying an additional 2 shares during the period. Fifth Third Bancorp increased its position in shares of NVR by 6.9% during the first quarter. Fifth Third Bancorp now owns 31 shares of the construction company's stock worth $225,000 after buying an additional 2 shares during the period. Finally, Ballentine Partners LLC increased its position in shares of NVR by 6.7% during the first quarter. Ballentine Partners LLC now owns 32 shares of the construction company's stock worth $232,000 after buying an additional 2 shares during the period. 83.67% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CAO Matthew B. Kelpy sold 600 shares of the company's stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $8,100.00, for a total transaction of $4,860,000.00. Following the completion of the transaction, the chief accounting officer directly owned 208 shares in the company, valued at $1,684,800. This represents a 74.26% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Susan Williamson Ross sold 125 shares of the company's stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $7,850.28, for a total transaction of $981,285.00. Following the completion of the transaction, the director owned 386 shares of the company's stock, valued at approximately $3,030,208.08. This trade represents a 24.46% decrease in their ownership of the stock. The disclosure for this sale can be found here. 7.00% of the stock is owned by corporate insiders.

NVR announced that its board has authorized a stock buyback program on Tuesday, May 6th that permits the company to buyback $750.00 million in shares. This buyback authorization permits the construction company to repurchase up to 3.6% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's leadership believes its stock is 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.