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.

NVR Stock Performance

NVR traded up $200.75 on Wednesday, hitting $4,393.99. The company's stock had a trading volume of 13,139 shares, compared to its average volume of 23,311. The company's 50 day simple moving average is $4,232.78 and its 200-day simple moving average is $4,525.02. The firm has a market cap of $14.43 billion, a P/E ratio of 10.58 and a beta of 0.99. NVR has a 12 month low of $3,576.01 and a 12 month high of $5,982.44. 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 quarterly earnings data on Tuesday, July 26th. The construction company reported $123.65 EPS for the quarter, missing the consensus estimate of $126.82 by ($3.17). NVR had a return on equity of 52.01% and a net margin of 16.18%. The business had revenue of $2.61 billion during the quarter, compared to the consensus estimate of $2.56 billion. During the same period last year, the business posted $82.45 earnings per share. The firm's quarterly revenue was up 17.3% on a year-over-year basis. Analysts forecast that NVR will post 512.93 EPS for the current year.

Analyst Upgrades and Downgrades

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

Insider Buying and Selling at NVR

In other NVR news, CFO Daniel David Malzahn sold 1,793 shares of the firm's stock in a transaction on Thursday, July 28th. The shares were sold at an average price of $4,435.03, for a total value of $7,952,008.79. Following the completion of the transaction, the chief financial officer now directly owns 2,470 shares of the company's stock, valued at approximately $10,954,524.10. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In related news, Director Sallie B. Bailey acquired 25 shares of the stock in a transaction dated 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 in the company, valued at approximately $436,545. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Daniel David Malzahn sold 1,793 shares of the firm's stock in a transaction on Thursday, July 28th. The shares were sold at an average price of $4,435.03, for a total transaction of $7,952,008.79. Following the sale, the chief financial officer now owns 2,470 shares in the company, valued at approximately $10,954,524.10. The disclosure for this sale can be found here. Insiders own 10.60% of the company's stock.