NVR Company Profile (NYSE:NVR)

NVR trades on the New York Stock Exchange (NYSE) under the ticker symbol "NVR."

NVR announced that its board has authorized a share buyback program on Thursday, April 6th 2017, which allows the company to repurchase $300,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 4.3% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's board of directors believes its shares are undervalued.

NVR, Inc. (NYSE:NVR) released its quarterly earnings data on Friday, July, 21st. The company reported $35.19 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $28.89 by $6.30. The firm had revenue of $1.54 billion for the quarter, compared to the consensus estimate of $1.57 billion. NVR had a return on equity of 34.48% and a net margin of 7.90%. The business's quarterly revenue was up 11.3% compared to the same quarter last year. During the same quarter last year, the company earned $22.01 earnings per share. View NVR's Earnings History.

NVR is scheduled to release their next quarterly earnings announcement on Wednesday, October, 18th 2017. View Earnings Estimates for NVR.

4 analysts have issued twelve-month price objectives for NVR's shares. Their forecasts range from $2,690.00 to $2,690.00. On average, they expect NVR's stock price to reach $2,690.00 in the next twelve months. View Analyst Ratings for NVR.

Here are some recent quotes from research analysts about NVR stock:

• 1. According to Zacks Investment Research, "NVR’s shares outperformed the Zacks categorized Building-Residential/Commercial industry in the last one year. NVR is poised to gain traction in 2017 on the current positive housing scenario. Unlike other homebuilders, NVR’s sole business is selling and building quality homes by typically acquiring finished building lots, without the risk of owning and developing land in a cyclical industry. Even considering the recent movement in mortgage rates, affordability is at high levels. NVR’s disciplined business model and focus on maximizing liquidity and minimizing risk are likely to generate more returns for shareholders. However, we believe the company’s margins will remain subdued throughout 2017 as its end markets are not likely to experience significant pricing power to offset cost inflation." (6/28/2017)
• 2. BTIG Research analysts commented, "NVR combines dominant local share, asset-light land position, a highly efficient construction process into a consistent cash flow-generating builder with a very low risk profile and ROE that runs 3x the group. Shares are fairly valued now in our view but we would buy meaningful pullbacks - all else equal." (2/7/2017)

Some companies that are related to NVR include HeidelbergCement AG (HDELY), Vulcan Materials Company (VMC), Cemex S.A.B. de C.V. (CX), Wolseley plc (WOSYY), Wolseley PLC (WOSYY), Martin Marietta Materials (MLM), D.R. Horton (DHI), Lennar Corporation (LEN), Masco Corporation (MAS), Lennar Corporation (LEN.B), United Rentals (URI), Rollins (ROL), Acuity Brands (AYI), Lennox International (LII), PulteGroup (PHM), RPM International (RPM), Owens Corning (OC) and James Hardie Industries PLC. (JHX).

NVR's management team includes the folowing people:

• Dwight C. Schar, Chairman of the Board
• Paul C. Saville, President, Chief Executive Officer
• Daniel D. Malzahn, Chief Financial Officer, Senior Vice President, Treasurer
• Robert W. Henley, President of NVR Mortgage Finance, Inc
• Jeffrey D. Martchek, President - Homebuilding Operations
• Eugene James Bredow, Chief Accounting Officer, Vice President, Controller
• David A. Preiser J.D., Lead Independent Director
• William A. Moran, Director
• Charles Elliott Andrews, Independent Director
• Timothy Michael Donahue, Independent Director

NVR's stock is owned by many different of retail and institutional investors. Top institutional investors include First Quadrant L P CA (0.14%), Aperio Group LLC (0.05%), Assenagon Asset Management S.A. (0.05%), Bremer Trust National Association (0.05%), Mandatum Life Insurance Co Ltd (0.05%) and Sippican Capital Advisors (0.04%). Company insiders that own NVR stock include Alfred E Festa, Charles Elliott Andrews, Daniel David Malzahn, David A Preiser, Eddie Arthur Grier, Eugene James Bredow, Jeffrey D Martchek, Manuel H Johnson, Melquiades R Martinez, Paul C Saville, Paul W Whetsell, Robert W Henley, Susan Williamson Ross, Timothy M Donahue and William Grady Rosier. View Institutional Ownership Trends for NVR.

NVR's stock was sold by a variety of institutional investors in the last quarter, including Advisors Capital Management LLC, Bremer Trust National Association, Sippican Capital Advisors, OLD National Bancorp IN, Palo Capital Inc., Washington Trust Bank and Huntington National Bank. Company insiders that have sold NVR stock in the last year include Alfred E Festa, Charles Elliott Andrews, Daniel David Malzahn, David A Preiser, Eddie Arthur Grier, Eugene James Bredow, Jeffrey D Martchek, Manuel H Johnson, Melquiades R Martinez, Paul C Saville, Paul W Whetsell, Robert W Henley, Timothy M Donahue and William Grady Rosier. View Insider Buying and Selling for NVR.

NVR's stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., First Quadrant L P CA, Xact Kapitalforvaltning AB, Meeder Asset Management Inc., Mn Services Vermogensbeheer B.V., Legacy Private Trust Co., APG Asset Management N.V. and Aperio Group LLC. View Insider Buying and Selling for NVR.

Shares of NVR can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of NVR stock can currently be purchased for approximately $2,648.45.