NVR (NVR) Announces Quarterly Earnings Results, Beats Estimates By $0.06 EPS
NVR (NYSE:NVR) released its earnings data on Monday. The company reported $15.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $15.11 by $0.06, AR Network reports. The company had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.12 billion. During the same quarter in the previous year, the company posted $10.11 earnings per share. The company’s revenue for the quarter was up 9.3% on a year-over-year basis.
NVR has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of NVR from an “underperform” rating to a “neutral” rating in a research note on Monday, June 23rd. They now have a $1,134.40 price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of NVR in a research note on Tuesday, April 22nd. They now have a $1,070.00 price target on the stock. One research analyst has rated the stock with a sell rating and five have given a hold rating to the stock. NVR currently has a consensus rating of “Hold” and an average target price of $1,083.88.
Shares of NVR (NYSE:NVR) traded up 3.06% on Monday, hitting $1100.35. 28,373 shares of the company’s stock traded hands. NVR has a 52 week low of $830.00 and a 52 week high of $1220.95. The stock has a 50-day moving average of $1128. and a 200-day moving average of $1120.. The company has a market cap of $4.864 billion and a price-to-earnings ratio of 19.81.
NVR, Inc (NYSE:NVR) is a homebuilder in the United States.
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