NVR (NYSE:NVR) Upgraded by Zacks Research to “Hold” Rating

Zacks Research upgraded shares of NVR (NYSE:NVR) from a strong sell rating to a hold rating in a research report released on Wednesday,Zacks.com reports. Zacks Research also issued estimates for NVR’s FY2026 earnings at $371.09 EPS, Q1 2027 earnings at $76.23 EPS, Q2 2027 earnings at $99.07 EPS, Q3 2027 earnings at $117.80 EPS, FY2027 earnings at $414.10 EPS and Q2 2028 earnings at $109.16 EPS.

NVR has been the topic of a number of other reports. UBS Group dropped their price target on NVR from $7,700.00 to $7,400.00 and set a “neutral” rating on the stock in a research note on Friday, July 24th. Zelman & Associates upgraded NVR from a “hold” rating to a “buy” rating in a report on Tuesday, July 7th. BTIG Research set a $7,446.00 price objective on shares of NVR in a research report on Friday, July 24th. Wall Street Zen upgraded NVR from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Finally, Truist Financial reduced their target price on shares of NVR from $6,600.00 to $6,400.00 and set a “hold” rating for the company in a research report on Friday, July 24th. Three equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, NVR has an average rating of “Hold” and an average target price of $7,224.20.

NVR Price Performance

Shares of NYSE:NVR opened at $6,309.44 on Wednesday. The firm has a 50 day simple moving average of $6,449.49 and a 200 day simple moving average of $6,617.38. The company has a market cap of $16.78 billion, a price-to-earnings ratio of 16.36, a PEG ratio of 10.73 and a beta of 0.91. The company has a debt-to-equity ratio of 0.27, a current ratio of 5.28 and a quick ratio of 2.24. NVR has a one year low of $5,501.01 and a one year high of $8,618.28.

NVR (NYSE:NVR) last released its quarterly earnings data on Thursday, July 23rd. The construction company reported $83.96 earnings per share (EPS) for the quarter, beating 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 company had revenue of $2.34 billion during the quarter, compared to the consensus estimate of $2.40 billion. During the same quarter in the prior year, the firm posted $108.54 earnings per share. The firm’s revenue was down 10.5% compared to the same quarter last year. Research analysts predict that NVR will post 366.98 earnings per share for the current fiscal year.

Insider Transactions at NVR

In other news, Director George Oliver purchased 63 shares of NVR stock in a transaction dated Friday, August 7th. The stock was purchased at an average cost of $6,431.51 per share, for a total transaction of $405,185.13. Following the transaction, the director directly owned 63 shares of the company’s stock, valued at approximately $405,185.13. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. 8.60% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On NVR

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

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.