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 initiated a share buyback plan 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 purchase up to 4.3% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's leadership believes its shares are undervalued.

NVR, Inc. (NYSE:NVR) released its quarterly earnings results on Friday, July, 21st. The company reported $35.19 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $28.63 by $6.56. The business had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.57 billion. NVR had a net margin of 8.67% and a return on equity of 37.43%. The business's revenue was up 11.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $22.01 EPS. 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 twelve-month target prices for NVR's shares. Their forecasts 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 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), Wolseley plc (WOSYY), Wolseley PLC (WOSYY), Cemex S.A.B. de C.V. (CX), 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), PulteGroup (PHM), Lennox International (LII), Owens Corning (OC), RPM International (RPM) 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 variety of of institutional and retail investors. Top institutional investors include Diamond Hill Capital Management Inc. (1.06%), Russell Investments Group Ltd. (0.76%), Acadian Asset Management LLC (0.63%), First Quadrant L P CA (0.14%), Aperio Group LLC (0.05%) and Assenagon Asset Management S.A. (0.05%). 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 Strs Ohio, Advisors Capital Management LLC, Diamond Hill Capital Management Inc., Municipal Employees Retirement System of Michigan, Bremer Trust National Association, Sippican Capital Advisors, OLD National Bancorp IN and Parkwood 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 Acadian Asset Management LLC, Assenagon Asset Management S.A., First Quadrant L P CA, Russell Investments Group Ltd., Xact Kapitalforvaltning AB, Meeder Asset Management Inc., Mn Services Vermogensbeheer B.V. and Legacy Private Trust Co.. 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 $2,678.94.