Zacks Research Has Negative Estimate for NVR Q3 Earnings

NVR, Inc. (NYSE:NVR) – Equities researchers at Zacks Research cut their Q3 2028 earnings per share estimates for NVR in a report issued on Tuesday, September 22nd. Zacks Research analyst Team now anticipates that the construction company will post earnings of $123.42 per share for the quarter, down from their prior estimate of $126.74. Zacks Research currently has a “Strong Sell” rating on the stock. The consensus estimate for NVR’s current full-year earnings is $362.33 per share.

NVR (NYSE:NVR) last issued its quarterly earnings results on Thursday, July 23rd. The construction company reported $83.96 earnings per share for the quarter, topping the consensus estimate of $0.90 by $83.06. NVR had a return on equity of 31.02% and a net margin of 12.26%.The firm had revenue of $2.34 billion during the quarter, compared to the consensus estimate of $2.40 billion. During the same period last year, the company earned $108.54 earnings per share. The company’s revenue for the quarter was down 10.5% on a year-over-year basis.

NVR has been the subject of several other research reports. Weiss Ratings upgraded shares of NVR from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, September 14th. Truist Financial dropped their price target on shares of NVR from $6,600.00 to $6,400.00 and set a “hold” rating on the stock in a research note on Friday, July 24th. Wall Street Zen cut shares of NVR from a “hold” rating to a “sell” rating in a report on Saturday. Morgan Stanley began coverage on shares of NVR in a research report on Thursday. They issued an “underweight” rating and a $5,058.00 price objective for the company. Finally, UBS Group lowered their price objective on NVR from $7,700.00 to $7,400.00 and set a “neutral” rating on the stock in a report on Friday, July 24th. Three analysts have rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $6,809.67.

NVR Stock Performance

Shares of NVR opened at $5,982.03 on Friday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.24 and a current ratio of 5.28. The stock has a market capitalization of $15.91 billion, a P/E ratio of 15.51, a P/E/G ratio of 10.06 and a beta of 0.90. The company’s fifty day moving average is $6,287.19 and its two-hundred day moving average is $6,368.22. NVR has a 1 year low of $5,501.01 and a 1 year high of $8,200.00.

Insider Buying and Selling at NVR

In related news, Director George Oliver purchased 63 shares of the business’s stock in a transaction dated Friday, August 7th. The stock was acquired at an average price of $6,431.51 per share, for a total transaction of $405,185.13. Following the acquisition, the director directly owned 63 shares of the company’s stock, valued at $405,185.13. This trade represents a ∞ increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 8.60% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Motley Fool Asset Management LLC increased its stake in NVR by 4.3% in the fourth quarter. Motley Fool Asset Management LLC now owns 49 shares of the construction company’s stock valued at $357,000 after purchasing an additional 2 shares during the last quarter. Keybank National Association OH boosted its stake in NVR by 3.1% in the 1st quarter. Keybank National Association OH now owns 66 shares of the construction company’s stock worth $435,000 after buying an additional 2 shares during the last quarter. International Assets Investment Management LLC boosted its stake in NVR by 3.8% in the 1st quarter. International Assets Investment Management LLC now owns 55 shares of the construction company’s stock worth $367,000 after buying an additional 2 shares during the last quarter. Parallel Advisors LLC boosted its holdings in NVR by 3.7% in the 1st quarter. Parallel Advisors LLC now owns 56 shares of the construction company’s stock worth $369,000 after acquiring an additional 2 shares during the period. Finally, Wealthcare Advisory Partners LLC boosted its holdings in NVR by 1.0% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 203 shares of the construction company’s stock worth $1,383,000 after acquiring an additional 2 shares during the period. 83.67% of the stock is currently owned by institutional investors and hedge funds.

NVR Company Profile

NVR, Inc is a U.S. homebuilding and mortgage banking company headquartered in Reston, Virginia. Through its Ryan Homes, NVHomes and Heartland Homes brands, the company designs and constructs single-family homes, townhomes and condominiums for first-time, move-up and luxury homebuyers.

NVR serves customers across selected markets in the Mid-Atlantic, Northeast, Midwest and Southeast regions of the United States. Its homebuilding operations include land acquisition and development, home design, construction, sales and customer service.