NVR (NYSE:NVR) Issues Quarterly Earnings Results, Misses Estimates By $12.21 EPS

NVR (NYSE:NVR) posted its quarterly earnings results on Wednesday. The construction company reported $67.76 earnings per share for the quarter, missing the consensus estimate of $79.97 by ($12.21), Zacks reports. The firm had revenue of $1.91 billion for the quarter, compared to analysts’ expectations of $2.09 billion. NVR had a net margin of 13.27% and a return on equity of 34.28%. The firm’s revenue for the quarter was down 21.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $94.83 EPS.

NVR Price Performance

NVR stock traded down $369.88 during mid-day trading on Thursday, reaching $6,563.62. 553 shares of the company’s stock were exchanged, compared to its average volume of 27,629. The company has a market cap of $18.23 billion, a price-to-earnings ratio of 15.01, a price-to-earnings-growth ratio of 3.13 and a beta of 1.07. The stock’s 50 day moving average is $6,919.26 and its 200 day moving average is $7,303.19. The company has a debt-to-equity ratio of 0.24, a current ratio of 6.21 and a quick ratio of 3.71. NVR has a 12-month low of $6,301.02 and a 12-month high of $8,618.28.

Trending Headlines about NVR

Here are the key news stories impacting NVR this week:

• Positive Sentiment: Quarter included an increase in new orders, suggesting underlying demand strength that could support future settlements once backlog rebuilds. NVR slides 4.9% after Q1 profit and revenue drop sharply on weaker settlements and margin pressure
• Neutral Sentiment: Company released official Q1 results: net income $198.4M, EPS $67.76 (diluted). These are the reported facts investors are digesting. NVR, INC. ANNOUNCES FIRST QUARTER RESULTS
• Neutral Sentiment: Analyst coverage and target dispersion: recent analyst targets range widely (median ~7,675), giving mixed guidance on upside — useful context but not a single directional signal. NVR ($NVR) Releases Q1 2026 Earnings
• Negative Sentiment: Q1 EPS and revenue materially missed consensus: EPS $67.76 vs. ~$78–80 expected; revenue about $1.83–1.91B vs. ~2.09B consensus — a key driver of the down‑move. NVR (NVR) Misses Q1 Earnings and Revenue Estimates
• Negative Sentiment: Operational headwinds: settlements fell ~22% (≈4,015 homes), homebuilding gross margin compressed (~19.6% vs. 21.9% prior year), and mortgage closed loan production declined — all pressuring near‑term profitability. NVR slides 4.9% after Q1 profit and revenue drop sharply on weaker settlements and margin pressure
• Negative Sentiment: Insider and institutional activity: several insider sales and notable institutional position reductions were reported recently, which can weigh on sentiment. NVR slides 4.9% after Q1 profit and revenue drop sharply on weaker settlements and margin pressure

Analyst Ratings Changes

Several research firms have weighed in on NVR. UBS Group reiterated a “neutral” rating on shares of NVR in a research note on Thursday. Wall Street Zen upgraded NVR from a “sell” rating to a “hold” rating in a research note on Saturday, January 31st. Truist Financial dropped their price target on NVR from $7,700.00 to $7,100.00 and set a “hold” rating on the stock in a research note on Thursday, April 16th. Seaport Research Partners reiterated a “sell” rating and set a $5,664.00 price target on shares of NVR in a research note on Tuesday, April 7th. Finally, Zelman & Associates upgraded NVR from a “sell” rating to a “hold” rating and set a $7,675.00 target price on the stock in a research note on Thursday, January 29th. Two analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, NVR currently has a consensus rating of “Hold” and a consensus price target of $7,799.33.

NVR declared that its Board of Directors has initiated a share repurchase program on Wednesday, February 11th that allows the company to buyback $750.00 million in outstanding shares. This buyback authorization allows the construction company to reacquire up to 3.3% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s management believes its stock is undervalued.

Insider Buying and Selling

In other NVR news, Director Susan Williamson Ross sold 220 shares of the stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $8,000.00, for a total transaction of $1,760,000.00. Following the transaction, the director owned 386 shares in the company, valued at approximately $3,088,000. This represents a 36.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Matthew B. Kelpy sold 500 shares of the stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $8,100.00, for a total value of $4,050,000.00. Following the transaction, the chief accounting officer owned 208 shares in the company, valued at $1,684,800. This represents a 70.62% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,120 shares of company stock worth $9,012,736 in the last quarter. 8.60% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On NVR

Hedge funds have recently bought and sold shares of the business. Strive Financial Group LLC purchased a new position in NVR during the fourth quarter worth approximately $29,000. DV Equities LLC acquired a new position in shares of NVR during the fourth quarter valued at approximately $29,000. State of Wyoming acquired a new position in shares of NVR during the second quarter valued at approximately $44,000. Fulcrum Asset Management LLP acquired a new position in shares of NVR during the third quarter valued at approximately $56,000. Finally, MUFG Securities EMEA plc acquired a new position in shares of NVR during the second quarter valued at approximately $66,000. Hedge funds and other institutional investors own 83.67% of the company’s stock.

NVR Company Profile

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.