NVR, Inc. (NYSE:NVR) Given Average Rating of “Hold” by Brokerages

Shares of NVR, Inc. (NYSE:NVR) have received an average rating of “Hold” from the seven brokerages that are currently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is $7,224.20.

A number of research analysts have commented on the stock. Zacks Research cut shares of NVR from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 21st. Zelman & Associates upgraded NVR from a “hold” rating to a “buy” rating in a research note on Tuesday, July 7th. BTIG Research set a $7,446.00 target price on NVR in a report on Friday, July 24th. Wall Street Zen upgraded NVR from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of NVR in a research note on Tuesday.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Quadrant Capital Group LLC increased its holdings in shares of NVR by 2.4% during the third quarter. Quadrant Capital Group LLC now owns 87 shares of the construction company’s stock worth $699,000 after buying an additional 2 shares in the last quarter. Vise Technologies Inc. boosted its holdings in shares of NVR by 0.8% in the 3rd quarter. Vise Technologies Inc. now owns 239 shares of the construction company’s stock worth $1,920,000 after acquiring an additional 2 shares in the last quarter. Laird Norton Wetherby Wealth Management LLC boosted its holdings in shares of NVR by 1.5% in the 3rd quarter. Laird Norton Wetherby Wealth Management LLC now owns 139 shares of the construction company’s stock worth $1,117,000 after acquiring an additional 2 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd grew its position in NVR by 0.5% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 425 shares of the construction company’s stock worth $3,099,000 after acquiring an additional 2 shares during the last quarter. Finally, International Assets Investment Management LLC grew its position in NVR by 3.9% during the 4th quarter. International Assets Investment Management LLC now owns 53 shares of the construction company’s stock worth $387,000 after acquiring an additional 2 shares during the last quarter. 83.67% of the stock is owned by institutional investors.

NVR Price Performance

NYSE:NVR opened at $6,399.95 on Friday. The company has a 50-day moving average of $6,433.96 and a 200-day moving average of $6,706.97. The company has a market capitalization of $17.02 billion, a price-to-earnings ratio of 16.60, a PEG ratio of 10.40 and a beta of 0.91. NVR has a 52 week low of $5,501.01 and a 52 week high of $8,618.28. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.24 and a current ratio of 5.28.

NVR (NYSE:NVR) last issued its earnings results on Thursday, July 23rd. The construction company reported $83.96 earnings per share for the quarter, beating the consensus estimate of $0.90 by $83.06. The business had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.40 billion. NVR had a net margin of 12.26% and a return on equity of 31.02%. The firm’s revenue was down 10.5% on a year-over-year basis. During the same period in the previous year, the business earned $108.54 EPS. As a group, equities research analysts anticipate that NVR will post 371.98 earnings per share for the current fiscal year.

About NVR

NVR, Inc is a U.S.-based homebuilding and mortgage banking company that designs, constructs and sells single-family detached homes, townhomes and condominiums. The company operates primarily through its homebuilding business and a mortgage banking subsidiary, providing financing and related closing services to its homebuyers. NVR’s homebuilding activities include land development, community planning, model home sales and construction management aimed at a range of buyer demographics.

Its homes are marketed under recognizable regional brands, including Ryan Homes and NVHomes, along with other market-specific trade names, and are offered across multiple geographic markets in the United States.