Zacks Research Issues Positive Estimate for NVR Earnings

Key Points

• Zacks Research raised its Q3 2027 EPS estimate for NVR to $117.80 from $117.58, while maintaining a “Hold” rating. The consensus full-year earnings estimate is $366.98 per share.
• NVR’s latest quarterly results showed EPS of $83.96, exceeding estimates, but revenue of $2.34 billion fell short of expectations and declined 10.5% year over year.
• NVR shares opened at $6,309.44, down 1.7%, with analysts’ average rating remaining “Hold” and an average price target of $7,224.20.

NVR, Inc. (NYSE:NVR - Free Report) - Investment analysts at Zacks Research increased their Q3 2027 earnings estimates for shares of NVR in a report released on Thursday, August 20th. Zacks Research analyst Team now expects that the construction company will earn $117.80 per share for the quarter, up from their prior forecast of $117.58. Zacks Research has a "Hold" rating on the stock. The consensus estimate for NVR's current full-year earnings is $366.98 per share.

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 for the quarter, topping analysts' consensus estimates of $0.90 by $83.06. The business had revenue of $2.34 billion for the quarter, compared to the consensus estimate of $2.40 billion. NVR had a net margin of 12.26% and a return on equity of 31.02%. NVR's revenue for the quarter was down 10.5% compared to the same quarter last year. During the same period in the prior year, the business posted $108.54 earnings per share.

A number of other equities research analysts have also recently issued reports on the company. Weiss Ratings raised NVR from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Tuesday. UBS Group lowered their price objective on shares of NVR from $7,700.00 to $7,400.00 and set a "neutral" rating on the stock in a research note on Friday, July 24th. Bank of America reduced their price target on shares of NVR from $7,600.00 to $7,200.00 and set a "buy" rating for the company in a report on Monday, July 20th. BTIG Research set a $7,446.00 price objective on shares of NVR in a research report on Friday, July 24th. Finally, Wall Street Zen raised NVR from a "sell" rating to a "hold" rating in a research report on Saturday, May 9th. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold" and an average target price of $7,224.20.

NVR Trading Down 1.7%

Shares of NYSE NVR opened at $6,309.44 on Friday. The stock has a market cap of $16.78 billion, a price-to-earnings ratio of 16.36, a PEG ratio of 10.73 and a beta of 0.91. The business has a 50 day simple moving average of $6,449.49 and a 200 day simple moving average of $6,617.38. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.24 and a current ratio of 5.28. NVR has a 52 week low of $5,501.01 and a 52 week high of $8,618.28.

Insiders Place Their Bets

In other NVR news, Director George Oliver purchased 63 shares of the firm's stock in a transaction that occurred on Friday, August 7th. The shares were acquired at an average cost of $6,431.51 per share, for a total transaction of $405,185.13. Following the transaction, the director directly owned 63 shares in the company, valued at approximately $405,185.13. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 8.60% of the company's stock.

Hedge Funds Weigh In On NVR

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Clearstead Trust LLC bought a new stake in shares of NVR during the second quarter worth $27,000. DV Equities LLC bought a new position in shares of NVR in the fourth quarter valued at about $29,000. Strive Financial Group LLC bought a new position in shares of NVR in the fourth quarter valued at about $29,000. Oakworth Capital Inc. bought a new position in shares of NVR in the fourth quarter valued at about $36,000. Finally, Trust Co. of Vermont acquired a new position in NVR during the 2nd quarter worth about $34,000. Institutional investors and hedge funds own 83.67% of the company's stock.

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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