NVR, Inc. (NYSE:NVR – Free Report) – Analysts at Zacks Research increased their Q3 2027 earnings estimates for shares of NVR in a note issued to investors on Thursday, August 20th. Zacks Research analyst Team now forecasts that the construction company will post earnings of $117.80 per share for the quarter, up from their previous forecast of $117.58. Zacks Research has a “Hold” rating on the stock. The consensus estimate for NVR’s current full-year earnings is $366.98 per share.
Several other equities research analysts have also recently commented on the stock. BTIG Research set a $7,446.00 price target on shares of NVR in a research report on Friday, July 24th. Weiss Ratings upgraded NVR from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday. Bank of America decreased their price objective on NVR from $7,600.00 to $7,200.00 and set a “buy” rating for the company in a research note on Monday, July 20th. Zelman & Associates raised NVR from a “hold” rating to a “buy” rating in a research note on Tuesday, July 7th. Finally, UBS Group decreased their target price on NVR from $7,700.00 to $7,400.00 and set a “neutral” rating for the company in a research report on Friday, July 24th. Three investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, NVR has a consensus rating of “Hold” and a consensus target price of $7,224.20.
NVR Price Performance
NVR stock opened at $6,309.44 on Friday. The business’s 50-day simple moving average is $6,449.49 and its 200 day simple moving average is $6,617.38. The company has a quick ratio of 2.24, a current ratio of 5.28 and a debt-to-equity ratio of 0.27. The stock has a market cap of $16.78 billion, a price-to-earnings ratio of 16.36, a P/E/G ratio of 10.73 and a beta of 0.91. NVR has a 12-month low of $5,501.01 and a 12-month high of $8,618.28.
NVR (NYSE:NVR – Get Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The construction company reported $83.96 EPS for the quarter, beating analysts’ consensus estimates of $0.90 by $83.06. The firm had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.40 billion. NVR had a return on equity of 31.02% and a net margin of 12.26%.The business’s quarterly revenue was down 10.5% compared to the same quarter last year. During the same period last year, the company earned $108.54 EPS.
Insider Activity
In other news, Director George Oliver acquired 63 shares of the stock in a transaction that occurred on Friday, August 7th. The stock was acquired at an average price of $6,431.51 per share, for a total transaction of $405,185.13. Following the transaction, the director directly owned 63 shares in the company, valued at approximately $405,185.13. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link. 8.60% of the stock is owned by company insiders.
Institutional Investors Weigh In On NVR
Several large investors have recently modified their holdings of the business. BlackRock Inc. acquired a new position in shares of NVR in the second quarter valued at approximately $2,004,324,000. AustralianSuper Pty Ltd acquired a new stake in shares of NVR during the fourth quarter worth $4,835,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in NVR in the 2nd quarter valued at $44,887,000. Norges Bank acquired a new position in NVR in the 4th quarter worth $311,496,000. Finally, United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund bought a new position in NVR during the 4th quarter worth about $3,989,000. 83.67% of the stock is currently owned by institutional investors.
About NVR
NVR, Inc is a U.S.-based homebuilding and mortgage banking company that designs, constructs and sells single-family detached homes, townhomes and condominiums. The company operates primarily through its homebuilding business and a mortgage banking subsidiary, providing financing and related closing services to its homebuyers. NVR’s homebuilding activities include land development, community planning, model home sales and construction management aimed at a range of buyer demographics.
Its homes are marketed under recognizable regional brands, including Ryan Homes and NVHomes, along with other market-specific trade names, and are offered across multiple geographic markets in the United States.
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