NVR Inc: A Look at the Numbers
NVR, Inc. (NYSE:NVR) is a leading construction company in the United States, operating through its Homebuilding and Mortgage Banking segments. The firm specializes in building and selling single-family detached homes, townhomes, and condominium buildings under the Ryan Homes, NVHomes, and Heartland Homes names.
As of this writing, Bloomberg reports that seven brokerages are covering NVR shares on the market. However, opinions are somewhat divided with one equities research analyst rating the stock with a sell recommendation while two have issued a hold recommendation and four have given a buy recommendation to the company. In total, an average rating of “Hold” has been attained for NVR.
According to analysts who have updated their coverage on NVR in the last year, the company has an average twelve-month price target of $4,863.33. This figure is as high as one might expect from such a successful industry player and reflects confidence in their operations and future prospects.
In fact, NVR posted strong quarterly earnings data on Tuesday 25 April that exceeded expectations. The construction company reported $99.89 EPS for Q1 2017, beating consensus estimates of $88.96 by $10.93. Furthermore, NVR had a net margin of 16.20% alongside a return on equity of 48.97%. While these figures represent a dip in revenue – which was down 7.7% YoY – they still demonstrate good performance from NVR.
Looking ahead to the current year’s earnings prospects, analysts forecast that NVR will post 408.58 earnings per share; this number suggests optimism regarding continued growth within the segment.
Overall; therefore; despite mixed opinions regarding holding or buying NVR shares presently available on the market its recent financial figures do give some cause for encouragement for those tracking its development over time due to its history of consistent growth and profitability. As always potential investors should carefully consider a range of reports and opinions before making any investments as the market is always subject to change.
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NVR, Inc: A Homebuilder With Strong Financials and Mixed Research Ratings
[stock_market_widget type=”chart” template=”basic” color=”#3946CE” assets=”NVR” range=”1mo” interval=”1d” axes=”true” cursor=”true” range_selector=”true” api=”yf”]NVR, Inc is a leading homebuilder in the United States. The company has two business segments, Homebuilding and Mortgage Banking. In recent times, there have been several research reports issued on NVR by well-known firms such as Seaport Res Ptn, StockNews.com, and Deutsche Bank Aktiengesellschaft. While the former issued a “buy” rating on shares of NVR, the latter suggested it was a “sell” with a $4,400.00 price target for the company.
NVR’s stock opened at $6,160.21 on Friday with a market capitalization of $20 billion. It has seen impressive growth over the past year with its one-year low being $3,816.55 and its one-year high being $6,169.37. The firm boasts an impressive current ratio of 5.75 and a quick ratio of 3.63.
The popular homebuilder markets its products under several brands including Ryan Homes – aimed at first-time and first-time move-up buyers; NVHomes – marketed to move-up buyers; and Heartland Homes – aimed at luxury buyers seeking upscale home options.
Recent corporate news indicates that CAO Matthew B Kelpy sold 150 shares of the company’s stock in May at an average price of $5,965 per share for a total transaction of $894,750. Kelpy went ahead to disclose this transaction in SEC filing documents available through this hyperlink.
Also making significant sales is CFO Daniel David Malzahn who sold 2,105 stock shares at an average price of $5,923 per share on May 3rd for a total value amounting to about $12 million.
Institutional investors also have significant stakes in NVR with American Century Companies Inc., Commonwealth of Pennsylvania Public School Empls Retrmt SYS,Yousif Capital Management LLC and Raymond James Trust N.A. each having its shares in the company. These investors own about 83.53% of the company’s stock.
NVR is an established player in the homebuilding industry with good research ratings, impressive financial metrics and significant market growth opportunities that should keep it a popular investment for portfolios looking to take advantage of the continued growth of the housing market in the US and beyond.
