NVR (NVR) Stock Forecast, Price & News

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NVR in the last twelve months. There are currently 1 sell rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" NVR shares.
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4 equities research analysts have issued 12-month price targets for NVR's shares. Their NVR share price forecasts range from $4,400.00 to $7,200.00. On average, they predict the company's share price to reach $5,650.00 in the next year. This suggests that the stock has a possible downside of 8.2%.
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NVR's stock was trading at $4,612.58 at the beginning of the year. Since then, NVR shares have increased by 33.5% and is now trading at $6,156.73.
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NVR saw a drop in short interest in July. As of July 15th, there was short interest totaling 65,400 shares, a drop of 18.4% from the June 30th total of 80,100 shares. Based on an average daily trading volume, of 24,200 shares, the short-interest ratio is currently 2.7 days. Currently, 2.1% of the shares of the stock are sold short.
View NVR's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 24th 2023.
View our NVR earnings forecast.

NVR, Inc. (NYSE:NVR) issued its earnings results on Tuesday, July, 25th. The construction company reported $116.54 EPS for the quarter, topping the consensus estimate of $103.76 by $12.78. The construction company earned $2.28 billion during the quarter, compared to the consensus estimate of $2.39 billion. NVR had a net margin of 16.44% and a trailing twelve-month return on equity of 44.26%. The company's revenue for the quarter was down 12.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $123.65 earnings per share.

ETFs with the largest weight of NVR (NYSE:NVR) stock in their portfolio include iShares U.S. Home Construction ETF (ITB), Invesco Dynamic Building & Construction ETF (PKB), VictoryShares THB Mid Cap ESG ETF (MDCP), SPDR S&P Homebuilders ETF (XHB), Argent Mid Cap ETF (AMID), The Acquirers Fund (ZIG), Direxion Daily Homebuilders & Supplies Bull 3x Shares (NAIL) and Invesco DWA Consumer Cyclicals Momentum ETF (PEZ).

NVR declared that its board has authorized a stock repurchase plan on Wednesday, August 2nd 2023, which authorizes the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 2.4% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's board of directors believes its shares are undervalued.

119 employees have rated NVR Chief Executive Officer Paul C. Saville on Glassdoor.com. Paul C. Saville has an approval rating of 89% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other NVR investors own include Hawkins (HWKN), NVIDIA (NVDA), Johnson & Johnson (JNJ), BlackRock (BLK), CA (CA), Home Depot (HD), Micron Technology (MU), Alibaba Group (BABA), Netflix (NFLX) and PayPal (PYPL).

NVR trades on the New York Stock Exchange (NYSE) under the ticker symbol "NVR."

NVR's stock is owned by a number of retail and institutional investors. Top institutional investors include WealthPlan Investment Management LLC (26.11%), BlackRock Inc. (8.15%), Capital Research Global Investors (3.25%), Diamond Hill Capital Management Inc. (2.98%), Geode Capital Management LLC (2.19%) and Capital World Investors (2.15%). Insiders that own company stock include Alexandra A Jung, Alfred E Festa, Charles Elliott Andrews, Daniel David Malzahn, Eugene James Bredow, Manuel H Johnson, Matthew B Kelpy, Paul C Saville, Robert L Crandall, Sallie B Bailey, Susan Williamson Ross and Thomas D Eckert.
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Shares of NVR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of NVR stock can currently be purchased for approximately $6,156.73.

NVR (NYSE:NVR) has a market capitalization of $20.07 billion and generates $10.33 billion in revenue each year. The construction company earns $1.73 billion in net income (profit) each year or $468.38 on an earnings per share basis.

The company employs 6,550 workers across the globe.

NVR's mailing address is 11700 PLAZA AMERICA DR. SUITE 500, RESTON VA, 20190. The official website for the company is www.nvrinc.com. The construction company can be reached via phone at (703) 956-4000, via email at ir@nvrinc.com, or via fax at 703-956-4750.