NVR, Inc. (NVR) Given Consensus Rating of “Hold” by Brokerages

NVR, Inc. (NYSE:NVR) has been given an average recommendation of “Hold” by the seven brokerages that are presently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating on the company. The average 1-year price target among brokerages that have covered the stock in the last year is $2,865.00.

A number of analysts recently weighed in on NVR shares. Zacks Investment Research downgraded shares of NVR from a “hold” rating to a “sell” rating in a research report on Tuesday, January 8th. Buckingham Research started coverage on shares of NVR in a research report on Friday, January 11th. They issued a “buy” rating on the stock.

NVR stock traded up $19.97 during trading hours on Friday, reaching $2,964.22. 353 shares of the company’s stock traded hands, compared to its average volume of 19,850. The company has a market cap of $10.53 billion, a PE ratio of 15.16, a PEG ratio of 1.64 and a beta of 0.67. The company has a current ratio of 3.96, a quick ratio of 1.95 and a debt-to-equity ratio of 0.33. NVR has a fifty-two week low of $2,040.71 and a fifty-two week high of $3,233.00.

NVR (NYSE:NVR) last announced its quarterly earnings results on Friday, January 25th. The construction company reported $58.57 earnings per share for the quarter, beating analysts’ consensus estimates of $50.67 by $7.90. The business had revenue of $1.96 billion for the quarter, compared to the consensus estimate of $1.97 billion. NVR had a net margin of 11.38% and a return on equity of 48.57%. NVR’s revenue for the quarter was up 9.9% on a year-over-year basis. During the same period last year, the company posted $40.16 EPS. Research analysts forecast that NVR will post 176.78 EPS for the current year.

In related news, SVP Eugene James Bredow sold 1,000 shares of the firm’s stock in a transaction on Friday, February 22nd. The shares were sold at an average price of $2,699.74, for a total value of $2,699,740.00. Following the completion of the transaction, the senior vice president now directly owns 1,826 shares of the company’s stock, valued at $4,929,725.24. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Eddie Arthur Grier sold 650 shares of the firm’s stock in a transaction on Friday, February 22nd. The shares were sold at an average price of $2,684.66, for a total transaction of $1,745,029.00. Following the completion of the transaction, the director now directly owns 825 shares of the company’s stock, valued at $2,214,844.50. The disclosure for this sale can be found here. Over the last three months, insiders have sold 25,211 shares of company stock valued at $66,653,412. 11.10% of the stock is owned by company insiders.

A number of institutional investors have recently made changes to their positions in NVR. Lindbrook Capital LLC bought a new position in shares of NVR in the fourth quarter worth $53,000. Captrust Financial Advisors bought a new stake in shares of NVR during the fourth quarter worth about $78,000. NEXT Financial Group Inc bought a new stake in shares of NVR during the fourth quarter worth about $105,000. FCA Corp TX bought a new stake in shares of NVR during the fourth quarter worth about $122,000. Finally, Atlantic Trust LLC bought a new stake in shares of NVR during the third quarter worth about $124,000. 79.68% of the stock is owned by institutional investors and hedge funds.

About NVR

NVR, Inc operates as a homebuilder in the United States. It primarily constructs and sells 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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