Zacks Research Issues Negative Estimate for NVR Earnings

Posted by Geri Gentry on Sep 24th, 2026

NVR, Inc. (NYSE:NVR – Free Report) – Equities researchers at Zacks Research reduced their Q3 2026 earnings per share (EPS) estimates for NVR in a research note issued on Tuesday, September 22nd. Zacks Research analyst Team now anticipates that the construction company will post earnings of $106.41 per share for the quarter, down from their prior estimate of $107.52. Zacks Research has a “Strong Sell” rating on the stock. The consensus estimate for NVR’s current full-year earnings is $367.13 per share. Zacks Research also issued estimates for NVR’s FY2026 earnings at $366.36 EPS, Q1 2027 earnings at $75.41 EPS, Q2 2027 earnings at $97.75 EPS, Q3 2027 earnings at $115.61 EPS, Q4 2027 earnings at $116.46 EPS, FY2027 earnings at $405.23 EPS, Q1 2028 earnings at $87.40 EPS, Q2 2028 earnings at $106.84 EPS and FY2028 earnings at $439.43 EPS.

NVR (NYSE:NVR – Get Free Report) last announced its earnings results on Thursday, July 23rd. The construction company reported $83.96 earnings per share for the quarter, beating analysts’ consensus estimates of $0.90 by $83.06. NVR had a return on equity of 31.02% and a net margin of 12.26%.The company had revenue of $2.34 billion during the quarter, compared to analyst estimates of $2.40 billion. During the same period last year, the company posted $108.54 earnings per share. The firm’s quarterly revenue was down 10.5% compared to the same quarter last year.

A number of other equities analysts have also issued reports on NVR. Zelman & Associates upgraded shares of NVR from a “hold” rating to a “buy” rating in a research report on Tuesday, July 7th. Truist Financial lowered their price target on shares of NVR from $6,600.00 to $6,400.00 and set a “hold” rating for the company in a report on Friday, July 24th. Bank of America dropped their price objective on shares of NVR from $7,600.00 to $7,200.00 and set a “buy” rating for the company in a research report on Monday, July 20th. UBS Group decreased their price objective on NVR from $7,700.00 to $7,400.00 and set a “neutral” rating on the stock in a research report on Friday, July 24th. Finally, Weiss Ratings upgraded NVR from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, September 14th. Three equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $7,160.00.

Get Our Latest Analysis on NVR

NVR Trading Down 1.2%

NVR opened at $6,261.56 on Thursday. The company has a current ratio of 5.28, a quick ratio of 2.24 and a debt-to-equity ratio of 0.27. The stock has a market capitalization of $16.66 billion, a PE ratio of 16.24, a PEG ratio of 10.59 and a beta of 0.91. NVR has a 1-year low of $5,501.01 and a 1-year high of $8,200.00. The firm has a 50-day moving average price of $6,318.97 and a two-hundred day moving average price of $6,390.46.

Insider Activity

In related news, Director George Oliver acquired 63 shares of the firm’s stock in a transaction that occurred on Friday, August 7th. The stock was acquired at an average cost of $6,431.51 per share, with a total value of $405,185.13. Following the completion of the purchase, the director directly owned 63 shares in the company, valued at approximately $405,185.13. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 8.60% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On NVR

Several hedge funds have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC increased its position in NVR by 28.6% in the fourth quarter. EverSource Wealth Advisors LLC now owns 9 shares of the construction company’s stock worth $67,000 after buying an additional 2 shares during the last quarter. Motley Fool Asset Management LLC lifted its position in shares of NVR by 4.3% during the 4th quarter. Motley Fool Asset Management LLC now owns 49 shares of the construction company’s stock valued at $357,000 after buying an additional 2 shares during the last quarter. Keybank National Association OH grew its stake in shares of NVR by 3.1% during the 1st quarter. Keybank National Association OH now owns 66 shares of the construction company’s stock worth $435,000 after acquiring an additional 2 shares during the period. International Assets Investment Management LLC grew its stake in shares of NVR by 3.8% during the 1st quarter. International Assets Investment Management LLC now owns 55 shares of the construction company’s stock worth $367,000 after acquiring an additional 2 shares during the period. Finally, Parallel Advisors LLC increased its holdings in NVR by 3.7% in the 1st quarter. Parallel Advisors LLC now owns 56 shares of the construction company’s stock worth $369,000 after acquiring an additional 2 shares during the last quarter. Institutional investors and hedge funds own 83.67% of the company’s stock.

Key Stories Impacting NVR

Here are the key news stories impacting NVR this week:

Positive Sentiment: BTIG lowered its price target to $7,125 from $7,446 but maintained a “Buy” rating, indicating that the firm still sees meaningful upside from recent trading levels. BTIG Adjusts Price Target on NVR
Neutral Sentiment: NVR’s valuation remains relatively moderate at about 16 times earnings, with strong liquidity and a debt-to-equity ratio of 0.27. However, the shares remain below their 50-day and 200-day moving averages, reflecting recent technical weakness.
Negative Sentiment: Zacks Research cut its estimates for NVR’s third-quarter and full-year 2026 earnings, lowering Q3 EPS to $106.41 from $107.52 and FY2026 EPS to $366.36 from $371.53. It also reduced its Q4 2026 estimate to $108.23 from $112.20, below the broader full-year consensus of $367.13. NVR analyst estimates
Negative Sentiment: The revisions extended into 2027 and 2028: Zacks lowered FY2027 EPS to $405.23 from $414.76 and FY2028 EPS to $439.43 from $453.30, while also cutting several quarterly forecasts. The broad-based reductions suggest expectations for slower earnings momentum rather than a one-quarter adjustment.
Negative Sentiment: The downgrade and estimate cuts are weighing on sentiment toward NVR, particularly because the company’s latest reported revenue declined 10.5% year over year, despite an earnings-per-share beat. The combination of softer revenue and weaker forward estimates is the primary reason the stock is under pressure. NVR stock holds as Zacks cuts its view

NVR Company Profile

(Get Free Report)

NVR, Inc is a homebuilding and mortgage banking company headquartered in Reston, Virginia. Through its homebuilding operations, the company designs, constructs and sells single-family homes, townhomes and condominiums under the Ryan Homes, NVHomes and Heartland Homes brands.

NVR primarily serves homebuyers in the Mid-Atlantic, Midwest and Southeast regions of the United States. Its communities are developed in a range of suburban and urban markets, with homes generally marketed to first-time, move-up and luxury buyers.

Through its mortgage banking operations, NVR provides mortgage loans and related services to many of the customers who purchase its homes.