NVR (NVR) Receives Coverage Optimism Rating of 0.12
News coverage about NVR (NYSE:NVR) has trended somewhat positive on Tuesday, Accern reports. The research firm identifies negative and positive media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. NVR earned a daily sentiment score of 0.12 on Accern’s scale. Accern also gave news coverage about the construction company an impact score of 46.780149154482 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the news articles that may have effected Accern Sentiment’s scoring:
- NVR, Inc. (NVR) Approves $300M Buyback – StreetInsider.com (streetinsider.com)
- Brokerages Expect NVR, Inc. (NVR) Will Announce Quarterly Sales of $1.98 Billion (americanbankingnews.com)
- ETFs with exposure to NVR, Inc. : December 11, 2017 (finance.yahoo.com)
- $48.95 EPS Expected for NVR, Inc. (NVR) This Quarter (americanbankingnews.com)
- October 2017 property transfers (oneidadispatch.com)
A number of research firms have recently weighed in on NVR. UBS began coverage on shares of NVR in a research report on Wednesday, October 25th. They set a “neutral” rating and a $3,450.00 price target for the company. Zacks Investment Research raised shares of NVR from a “hold” rating to a “strong-buy” rating and set a $3,707.00 price target for the company in a research report on Tuesday, October 24th. Zelman & Associates raised shares of NVR from a “hold” rating to a “buy” rating in a research report on Friday, October 20th. Wells Fargo & Company reissued a “market perform” rating on shares of NVR in a research report on Friday, October 20th. Finally, ValuEngine downgraded shares of NVR from a “buy” rating to a “hold” rating in a research report on Friday, October 20th. Five equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of “Buy” and an average target price of $3,111.75.
NVR (NYSE:NVR) last released its quarterly earnings data on Thursday, October 19th. The construction company reported $38.02 EPS for the quarter, topping analysts’ consensus estimates of $35.77 by $2.25. The firm had revenue of $1.67 billion during the quarter, compared to the consensus estimate of $1.71 billion. NVR had a net margin of 9.22% and a return on equity of 38.23%. The firm’s revenue was up 8.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $28.46 earnings per share. research analysts predict that NVR will post 147.66 EPS for the current year.
In other news, Director Timothy M. Donahue sold 326 shares of the business’s stock in a transaction on Wednesday, November 1st. The shares were sold at an average price of $3,266.87, for a total transaction of $1,064,999.62. Following the completion of the transaction, the director now owns 844 shares of the company’s stock, valued at $2,757,238.28. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director William A. Moran sold 4,949 shares of the business’s stock in a transaction on Tuesday, November 7th. The shares were sold at an average price of $3,261.99, for a total transaction of $16,143,588.51. Following the transaction, the director now directly owns 26,085 shares of the company’s stock, valued at approximately $85,089,009.15. The disclosure for this sale can be found here. Insiders own 11.30% of the company’s stock.
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NVR Company Profile
NVR, Inc is engaged in the construction and sale of single-family detached homes, townhomes and condominium buildings. The Company’s segments are Homebuilding Mid Atlantic, Homebuilding North East, Homebuilding Mid East, Homebuilding South East and Mortgage Banking. Its Homebuilding Mid Atlantic segment operates in various geographic regions, which include Maryland, Virginia, West Virginia, Delaware and Washington, District of Columbia (DC).
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