NVR (NYSE:NVR – Get Free Report) issued its quarterly earnings data on Tuesday. The construction company reported $120.69 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $121.65 by ($0.96), Zacks reports. NVR had a net margin of 17.33% and a return on equity of 38.54%. The company had revenue of $2.55 billion for the quarter, compared to analysts’ expectations of $2.48 billion.
NVR Trading Down 2.3 %
Shares of NYSE NVR traded down $195.43 during midday trading on Wednesday, hitting $8,404.49. The company’s stock had a trading volume of 18,210 shares, compared to its average volume of 19,493. The company has a current ratio of 6.52, a quick ratio of 3.97 and a debt-to-equity ratio of 0.21. The business’s 50 day moving average is $7,698.08 and its two-hundred day moving average is $7,604.13. The firm has a market cap of $26.31 billion, a P/E ratio of 17.57, a price-to-earnings-growth ratio of 3.59 and a beta of 1.17. NVR has a 12-month low of $5,210.49 and a 12-month high of $8,695.00.
Insider Buying and Selling at NVR
In other NVR news, Director David A. Preiser sold 500 shares of NVR stock in a transaction on Monday, April 29th. The stock was sold at an average price of $7,586.21, for a total transaction of $3,793,105.00. Following the completion of the sale, the director now directly owns 239 shares of the company’s stock, valued at approximately $1,813,104.19. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other NVR news, Director William Grady Rosier sold 600 shares of NVR stock in a transaction on Wednesday, May 8th. The stock was sold at an average price of $7,665.63, for a total transaction of $4,599,378.00. Following the completion of the sale, the director now directly owns 1,701 shares of the company’s stock, valued at approximately $13,039,236.63. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director David A. Preiser sold 500 shares of NVR stock in a transaction on Monday, April 29th. The shares were sold at an average price of $7,586.21, for a total value of $3,793,105.00. Following the sale, the director now directly owns 239 shares of the company’s stock, valued at $1,813,104.19. The disclosure for this sale can be found here. Insiders sold a total of 1,600 shares of company stock valued at $12,233,609 in the last ninety days. Corporate insiders own 7.00% of the company’s stock.
Wall Street Analyst Weigh In
Several brokerages have recently weighed in on NVR. UBS Group increased their price target on NVR from $7,600.00 to $8,175.00 and gave the stock a “neutral” rating in a report on Wednesday, April 24th. StockNews.com upgraded NVR from a “hold” rating to a “buy” rating in a report on Wednesday, April 24th.
View Our Latest Research Report on NVR
NVR Company Profile
NVR, Inc operates as a homebuilder in the United States. The company operates through, Homebuilding and Mortgage Banking segments. It engages in the construction and sale of single-family detached homes, townhomes, and condominium buildings under the Ryan Homes, NVHomes, and Heartland Homes names. The company markets its Ryan Homes products to first-time and first-time move-up buyers; and NVHomes and Heartland Homes products to move-up and luxury buyers.
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