NVR (NYSE:NVR) will issue its quarterly earnings data before the market opens on Tuesday, January 23rd. Analysts expect the company to announce earnings of $47.57 per share for the quarter.

NVR (NYSE:NVR) last issued its quarterly earnings data on Thursday, October 19th. The construction company reported $38.02 earnings per share for the quarter, beating the Zacks’ consensus estimate of $35.77 by $2.25. NVR had a return on equity of 40.81% and a net margin of 9.69%. The business had revenue of $1.67 billion during the quarter, compared to analysts’ expectations of $1.71 billion. During the same period in the previous year, the firm posted $28.46 earnings per share. The company’s revenue was up 8.5% on a year-over-year basis. On average, analysts expect NVR to post $148 EPS for the current fiscal year and $184 EPS for the next fiscal year.

Shares of NVR (NYSE:NVR) opened at $3,558.23 on Tuesday. NVR has a one year low of $1,662.30 and a one year high of $3,677.10. The company has a quick ratio of 1.44, a current ratio of 3.60 and a debt-to-equity ratio of 0.36. The firm has a market capitalization of $13,310.00, a price-to-earnings ratio of 26.13, a PEG ratio of 1.03 and a beta of 0.75.

NVR announced that its Board of Directors has authorized a share buyback plan on Tuesday, December 12th that permits the company to repurchase $300.00 million in shares. This repurchase authorization permits the construction company to purchase shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company’s management believes its stock is undervalued.

In related news, Director William A. Moran sold 4,949 shares of the business’s stock in a transaction on Tuesday, November 7th. The stock was sold at an average price of $3,261.99, for a total transaction of $16,143,588.51. Following the completion of the transaction, the director now directly owns 26,085 shares of the company’s stock, valued at approximately $85,089,009.15. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Timothy M. Donahue sold 326 shares of the business’s stock in a transaction on Wednesday, November 1st. The stock was sold at an average price of $3,266.87, for a total value of $1,064,999.62. Following the transaction, the director now directly owns 844 shares of the company’s stock, valued at $2,757,238.28. The disclosure for this sale can be found here. Insiders own 11.30% of the company’s stock.

NVR has been the subject of a number of research reports. Zacks Investment Research raised NVR from a “hold” rating to a “strong-buy” rating and set a $3,707.00 price objective for the company in a research note on Tuesday, October 24th. ValuEngine cut NVR from a “buy” rating to a “hold” rating in a research note on Friday, October 20th. Wells Fargo & Co reaffirmed a “market perform” rating on shares of NVR in a research note on Friday, October 20th. UBS Group initiated coverage on NVR in a research note on Wednesday, October 25th. They issued a “neutral” rating and a $3,450.00 price objective for the company. Finally, Zelman & Associates raised NVR from a “hold” rating to a “buy” rating in a research note on Friday, October 20th. Four analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $3,111.75.

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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).

Earnings History for NVR (NYSE:NVR)

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