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 repurchase plan on Thursday, April 6th 2017, which permits the company to buyback $300,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 4.3% of its shares through open market purchases. Shares buyback plans are often a sign that the company's board believes its stock is undervalued.

NVR, Inc. (NYSE:NVR) posted its quarterly earnings data on Friday, July, 21st. The company reported $35.19 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $28.63 by $6.56. The firm earned $1.54 billion during the quarter, compared to analysts' expectations of $1.57 billion. NVR had a return on equity of 37.43% and a net margin of 8.67%. NVR's revenue for the quarter was up 11.3% on a year-over-year basis. During the same period last year, the company posted $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.

5 analysts have issued 1 year price targets for NVR's stock. Their predictions range from $2,600.00 to $2,690.00. On average, they expect NVR's stock price to reach $2,645.00 in the next year. 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), D.R. Horton (DHI), Martin Marietta Materials (MLM), Masco Corporation (MAS), Lennar Corporation (LEN), United Rentals (URI), Lennar Corporation (LEN.B), Rollins (ROL), Owens Corning (OC), PulteGroup (PHM), Lennox International (LII), Acuity Brands (AYI), Jacobs Engineering Group (JEC), RPM International (RPM), ServiceMaster Global Holdings (SERV), Toll Brothers (TOL) 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 a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.15%), Vanguard Group Inc. (8.27%), FMR LLC (4.03%), State Street Corp (3.72%), The Manufacturers Life Insurance Company (3.20%) and Impala Asset Management LLC (2.11%). 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 The Manufacturers Life Insurance Company , Victory Capital Management Inc., Canada Pension Plan Investment Board, Renaissance Technologies LLC, Epoch Investment Partners Inc., Smead Capital Management Inc., Impala Asset Management LLC and TIAA CREF Investment Management LLC. 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 Broad Run Investment Management LLC, BlackRock Inc., FMR LLC, Vanguard Group Inc., State Street Corp, Numeric Investors LLC, American Century Companies Inc. and Sumitomo Mitsui Trust Holdings Inc.. 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 $2,837.55.