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

A number of research analysts recently weighed in on NVR shares. JPMorgan Chase & Co. cut their target price on shares of NVR from $4,900.00 to $4,330.00 and set a "neutral" rating for the company in a report on Tuesday, July 12th. Wells Fargo & Company upped their price objective on shares of NVR to $4,580.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 27th. UBS Group raised their target price 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 cut shares of NVR from a "buy" rating to a "hold" rating in a research note on Thursday, August 4th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $4,577.50.

NVR Trading Up 1.5 %

NVR opened at $4,454.72 on Monday. The business has a fifty day moving average price of $4,231.95 and a 200 day moving average price of $4,505.42. The company has a debt-to-equity ratio of 0.31, a current ratio of 5.04 and a quick ratio of 2.26. NVR has a 12 month low of $3,576.01 and a 12 month high of $5,982.44. The stock has a market capitalization of $14.62 billion, a price-to-earnings ratio of 10.72 and a beta of 0.99.

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

Insiders Place Their Bets

In other news, CFO Daniel David Malzahn sold 1,155 shares of the firm's stock in a transaction on Monday, August 1st. The stock was sold at an average price of $4,436.88, for a total value of $5,124,596.40. Following the completion of the transaction, the chief financial officer now owns 3,315 shares in the company, valued at $14,708,257.20. The sale was disclosed in a document filed with the SEC, which is available at this link. In other news, CFO Daniel David Malzahn sold 1,155 shares of the business's stock in a transaction that occurred on Monday, August 1st. The shares were sold at an average price of $4,436.88, for a total value of $5,124,596.40. Following the completion of the transaction, the chief financial officer now owns 3,315 shares of the company's stock, valued at $14,708,257.20. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Sallie B. Bailey bought 25 shares of the firm's stock in a transaction that occurred on Wednesday, August 10th. The shares were purchased at an average price of $4,365.45 per share, for a total transaction of $109,136.25. Following the transaction, the director now owns 100 shares of the company's stock, valued at approximately $436,545. The disclosure for this purchase can be found here. In the last quarter, insiders sold 3,387 shares of company stock worth $15,024,330. 10.60% of the stock is owned by insiders.