NVR, Inc. (NYSE:NVR) Given Consensus Rating of “Hold” by Analysts

Shares of NVR, Inc. (NYSE:NVR) have received a consensus rating of “Hold” from the four analysts that are covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $9,356.67.

A number of equities analysts have weighed in on the stock. JPMorgan Chase & Co. decreased their price objective on shares of NVR from $9,245.00 to $8,570.00 and set a “neutral” rating for the company in a research report on Wednesday, January 29th. UBS Group increased their price target on NVR from $8,750.00 to $8,900.00 and gave the company a “neutral” rating in a report on Wednesday, January 29th.

Insider Transactions at NVR

In other NVR news, Director Thomas D. Eckert sold 143 shares of the stock in a transaction on Monday, February 10th. The shares were sold at an average price of $7,515.60, for a total transaction of $1,074,730.80. Following the sale, the director now directly owns 1,050 shares of the company’s stock, valued at approximately $7,891,380. This represents a 11.99 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 7.00% of the company’s stock.

Institutional Investors Weigh In On NVR

Several institutional investors and hedge funds have recently bought and sold shares of NVR. JDM Financial Group LLC bought a new stake in shares of NVR in the 4th quarter worth approximately $25,000. EverSource Wealth Advisors LLC grew its position in shares of NVR by 150.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 5 shares of the construction company’s stock worth $41,000 after acquiring an additional 3 shares during the last quarter. Private Trust Co. NA increased its holdings in shares of NVR by 66.7% in the 3rd quarter. Private Trust Co. NA now owns 5 shares of the construction company’s stock worth $49,000 after acquiring an additional 2 shares during the period. Wilmington Savings Fund Society FSB bought a new stake in NVR in the 3rd quarter valued at about $49,000. Finally, Smartleaf Asset Management LLC boosted its stake in NVR by 75.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 7 shares of the construction company’s stock valued at $57,000 after purchasing an additional 3 shares during the period. Institutional investors and hedge funds own 83.67% of the company’s stock.

NVR Price Performance

NVR stock opened at $7,228.03 on Friday. The firm has a market cap of $21.61 billion, a P/E ratio of 14.24, a price-to-earnings-growth ratio of 2.39 and a beta of 1.25. The company has a debt-to-equity ratio of 0.22, a quick ratio of 3.69 and a current ratio of 6.18. NVR has a 1 year low of $7,015.00 and a 1 year high of $9,964.77. The stock has a 50-day simple moving average of $7,677.46 and a 200-day simple moving average of $8,620.24.

NVR (NYSE:NVR) last issued its quarterly earnings data on Tuesday, February 4th. The construction company reported $139.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $132.63 by $7.30. NVR had a net margin of 16.34% and a return on equity of 39.67%. On average, equities analysts predict that NVR will post 505.2 earnings per share for the current fiscal year.

NVR announced that its Board of Directors has initiated a share repurchase plan on Wednesday, December 11th that authorizes the company to repurchase $750.00 million in outstanding shares. This repurchase authorization authorizes the construction company to reacquire up to 2.8% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board believes its stock is undervalued.

NVR Company Profile

NVR, Inc operates as a homebuilder in the United States. The company operates through, Homebuilding and Mortgage Banking segments. 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.