NVR - NVR Stock Forecast, Price & News

NVR, Inc. operates as a homebuilder in the United States. The company operates in two segments, Homebuilding and Mortgage Banking. 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. It also provides various mortgage related services to its homebuilding customers, as well as brokers title insurance; performs title searches in connection with mortgage loan closings; and sells mortgage loans to investors in the secondary markets on a servicing released basis. The company primarily serves in Maryland, Virginia, West Virginia, Delaware, New Jersey, Eastern Pennsylvania, New York, Ohio, Western Pennsylvania, Indiana, Illinois, North Carolina, South Carolina, Florida, Tennessee, and Washington, D.C. NVR, Inc. was founded in 1980 and is headquartered in Reston, Virginia.

Analysts Set New Price Targets

Several research firms have recently weighed in on NVR. Wells Fargo & Company lifted their price target on shares of NVR to $4,580.00 and gave the company an "outperform" rating in a research note on Wednesday, July 27th. JPMorgan Chase & Co. reduced their price objective on shares of NVR from $4,900.00 to $4,330.00 and set a "neutral" rating for the company in a research note on Tuesday, July 12th. UBS Group boosted their price objective on shares of NVR from $4,100.00 to $4,300.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 27th. Finally, StockNews.com downgraded shares of NVR from a "buy" rating to a "hold" rating in a research note on Thursday. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. Based on data from MarketBeat.com, NVR currently has a consensus rating of "Hold" and a consensus target price of $4,577.50.

NVR Stock Performance

NYSE:NVR traded down $147.31 during mid-day trading on Friday, hitting $4,292.82. The company's stock had a trading volume of 669 shares, compared to its average volume of 15,323. NVR has a 1 year low of $3,576.01 and a 1 year high of $5,982.44. The company has a debt-to-equity ratio of 0.31, a current ratio of 5.04 and a quick ratio of 2.26. The stock has a market cap of $14.08 billion, a price-to-earnings ratio of 10.53 and a beta of 0.99. The business's fifty day moving average is $4,235.78 and its two-hundred day moving average is $4,492.70.

NVR (NYSE:NVR - Get Rating) last posted its quarterly earnings results on Tuesday, July 26th. The construction company reported $123.65 EPS for the quarter, missing the consensus estimate of $126.82 by ($3.17). NVR had a net margin of 16.18% and a return on equity of 52.01%. The business had revenue of $2.61 billion during the quarter, compared to analysts' expectations of $2.56 billion. During the same period in the previous year, the company posted $82.45 earnings per share. NVR's revenue for the quarter was up 17.3% compared to the same quarter last year. Analysts anticipate that NVR will post 512.93 EPS for the current fiscal year.

Insider Buying and Selling at NVR

In other news, Director Sallie B. Bailey bought 25 shares of the stock in a transaction dated Wednesday, August 10th. The shares were acquired at an average cost of $4,365.45 per share, with a total value of $109,136.25. Following the purchase, the director now directly owns 100 shares in the company, valued at approximately $436,545. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. In other news, Director Sallie B. Bailey bought 25 shares of the stock in a transaction dated Wednesday, August 10th. The shares were acquired at an average cost of $4,365.45 per share, with a total value of $109,136.25. Following the purchase, the director now directly owns 100 shares in the company, valued at approximately $436,545. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Daniel David Malzahn sold 1,793 shares of the company's stock in a transaction dated Thursday, July 28th. The stock was sold at an average price of $4,435.03, for a total transaction of $7,952,008.79. Following the transaction, the chief financial officer now owns 2,470 shares of the company's stock, valued at approximately $10,954,524.10. The disclosure for this sale can be found here. Over the last three months, insiders have sold 3,387 shares of company stock valued at $15,024,330. 10.60% of the stock is owned by insiders.