Shares of NVR, Inc. (NYSE:NVR – Get Free Report) 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.
Get Our Latest Stock Analysis on NVR
Insider Transactions at NVR
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 – Get Free Report) 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.
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