NYSE:NVRNVR Stock Price, Forecast & News

NVR's stock was trading at $3,411.90 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, NVR stock has decreased by 7.1% and is now trading at $3,170.00. View which stocks have been most impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NVR in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for NVR.

NVR is scheduled to release its next quarterly earnings announcement on Friday, July 17th 2020. View our earnings forecast for NVR.

NVR, Inc. (NYSE:NVR) released its earnings results on Thursday, April, 23rd. The construction company reported $44.96 earnings per share for the quarter, missing the consensus estimate of $45.61 by $0.65. The construction company had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.66 billion. NVR had a return on equity of 37.44% and a net margin of 12.14%. The business's quarterly revenue was down 5.3% on a year-over-year basis. During the same quarter last year, the company earned $47.64 earnings per share. View NVR's earnings history.

NVR declared that its board has initiated a stock buyback plan on Wednesday, February 12th 2020, which permits the company to buyback $300,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to buy up to 2% of its shares through open market purchases. Shares buyback plans are often an indication that the company's board believes its stock is undervalued.

6 brokerages have issued twelve-month price objectives for NVR's shares. Their forecasts range from $2,700.00 to $4,525.00. On average, they anticipate NVR's stock price to reach $3,508.75 in the next twelve months. This suggests a possible upside of 10.7% from the stock's current price. View analysts' price targets for NVR.

Media headlines about NVR stock have trended somewhat negative this week, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. NVR earned a media sentiment score of -1.3 on InfoTrie's scale. They also gave news coverage about the construction company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news about NVR.

NVR saw a drop in short interest in the month of June. As of June 15th, there was short interest totaling 48,000 shares, a drop of 13.2% from the May 31st total of 55,300 shares. Based on an average daily volume of 38,800 shares, the short-interest ratio is currently 1.2 days. Approximately 1.4% of the company's shares are sold short. View NVR's Current Options Chain.

Some companies that are related to NVR include D. R. Horton (DHI), Lennar (LEN), PulteGroup (PHM), Toll Brothers (TOL), Meritage Homes (MTH), KB Home (KBH), M.D.C. (MDC), TRI Pointe Group (TPH), Cavco Industries (CVCO), M/I Homes (MHO), Beazer Homes USA (BZH) and Hovnanian Enterprises (HOV). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other NVR investors own include Hawkins (HWKN), CA (CA), NVIDIA (NVDA), BlackRock (BLK), Chipotle Mexican Grill (CMG), Micron Technology (MU), Alibaba Group (BABA), Johnson & Johnson (JNJ), Netflix (NFLX) and Lam Research (LRCX).

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

Shares of NVR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of NVR stock can currently be purchased for approximately $3,170.00.

NVR has a market capitalization of $11.67 billion and generates $7.22 billion in revenue each year. The construction company earns $878.54 million in net income (profit) each year or $221.13 on an earnings per share basis. NVR employs 5,700 workers across the globe.

The official website for NVR is www.nvrinc.com.

NVR's mailing address is 11700 PLAZA AMERICA DR. SUITE 500, RESTON VA, 20190. The construction company can be reached via phone at 703-956-4000 or via email at [email protected].