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.

Wall Street Analysts Forecast Growth

NVR has been the topic of several recent research reports. Wells Fargo & Company upped their price target on NVR to $4,580.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 27th. StockNews.com cut NVR from a "buy" rating to a "hold" rating in a research note on Thursday, August 4th. JPMorgan Chase & Co. reduced their price target on NVR from $4,900.00 to $4,330.00 and set a "neutral" rating on the stock in a research note on Tuesday, July 12th. Finally, UBS Group upped their price target on NVR from $4,100.00 to $4,300.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 27th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $4,577.50.

NVR Stock Down 0.6 %

Shares of NYSE:NVR traded down $24.69 during trading on Wednesday, reaching $4,420.31. The company had a trading volume of 14,977 shares, compared to its average volume of 22,979. NVR has a 12-month low of $3,576.01 and a 12-month high of $5,982.44. The stock has a market cap of $14.51 billion, a PE ratio of 10.63 and a beta of 0.99. The business's 50-day moving average is $4,233.74 and its 200 day moving average is $4,498.86. The company has a quick ratio of 2.26, a current ratio of 5.04 and a debt-to-equity ratio of 0.31.

NVR (NYSE:NVR - Get Rating) last released its earnings results on Tuesday, July 26th. The construction company reported $123.65 EPS for the quarter, missing analysts' consensus estimates of $126.82 by ($3.17). The company had revenue of $2.61 billion during 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 company's revenue was up 17.3% on a year-over-year basis. During the same period in the prior year, the company posted $82.45 earnings per share. As a group, equities analysts forecast that NVR will post 512.93 earnings per share for the current fiscal year.

Insider Activity

In other news, CFO Daniel David Malzahn sold 1,793 shares of the company's stock in a transaction on 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 directly owns 2,470 shares of the company's stock, valued at $10,954,524.10. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other NVR news, CFO Daniel David Malzahn sold 1,793 shares of the stock in a transaction dated Thursday, July 28th. The stock was sold at an average price of $4,435.03, for a total value of $7,952,008.79. Following the transaction, the chief financial officer now owns 2,470 shares of the company's stock, valued at $10,954,524.10. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Sallie B. Bailey bought 25 shares of the stock in a transaction on Wednesday, August 10th. The stock was purchased at an average cost of $4,365.45 per share, for a total transaction of $109,136.25. Following the acquisition, 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. Insiders have sold a total of 3,387 shares of company stock valued at $15,024,330 over the last ninety days. 10.60% of the stock is currently owned by corporate insiders.