NVR Company Profile (NYSE:NVR)

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

NVR declared that its board has approved a stock repurchase plan on Thursday, April 6th 2017, which permits the company to repurchase $300,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 4.3% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's management believes its shares are undervalued.

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

4 brokers have issued twelve-month price targets 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 have widely outperformed its industry in the past year. The company's robust performance is largely backed by its disciplined business model and focus on maximizing liquidity and minimizing risk. 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. NVR is also poised to gain traction in 2017 on the current positive housing scenario. Considering the recent movement in mortgage rates, affordability is still at escalated levels." (9/25/2017)
• 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), Lennar Corporation (LEN), Martin Marietta Materials (MLM), Masco Corporation (MAS), United Rentals (URI), Cemex S.A.B. de C.V. (CX), Lennar Corporation (LEN.B), Rollins (ROL), Owens Corning (OC), PulteGroup (PHM), Lennox International (LII), Jacobs Engineering Group (JEC), Toll Brothers (TOL), Acuity Brands (AYI), RPM International (RPM) and Thor Industries (THO).

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

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 $2,902.98.