Wall Street analysts forecast that NVR, Inc. (NYSE:NVR) will announce earnings of $49.48 per share for the current quarter, according to Zacks. Two analysts have made estimates for NVR’s earnings, with the highest EPS estimate coming in at $49.67 and the lowest estimate coming in at $49.29. NVR posted earnings of $37.80 per share during the same quarter last year, which suggests a positive year-over-year growth rate of 30.9%. The firm is expected to announce its next earnings report on Wednesday, January 24th.

On average, analysts expect that NVR will report full-year earnings of $146.44 per share for the current fiscal year, with EPS estimates ranging from $142.95 to $148.32. For the next financial year, analysts expect that the company will report earnings of $166.76 per share, with EPS estimates ranging from $154.00 to $175.82. Zacks’ EPS calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for NVR.

NVR (NYSE:NVR) last released its quarterly earnings results on Thursday, October 19th. The construction company reported $38.02 EPS for the quarter, topping the Zacks’ consensus estimate of $35.77 by $2.25. NVR had a net margin of 9.22% and a return on equity of 38.23%. The business had revenue of $1.67 billion during the quarter, compared to analysts’ expectations of $1.71 billion. During the same quarter in the previous year, the company earned $28.46 EPS. The business’s quarterly revenue was up 8.5% compared to the same quarter last year.

A number of equities research analysts have recently issued reports on NVR shares. ValuEngine raised shares of NVR from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Zelman & Associates raised shares of NVR from a “hold” rating to a “buy” rating in a research note on Friday, October 20th. Zacks Investment Research cut shares of NVR from a “buy” rating to a “hold” rating in a research note on Monday, September 25th. UBS AG started coverage on shares of NVR in a research note on Wednesday, October 25th. They issued a “neutral” rating and a $3,450.00 price objective for the company. Finally, Wells Fargo & Company reaffirmed a “market perform” rating on shares of NVR in a research note on Friday, October 20th. Five analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $3,111.75.

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In other NVR news, Director Eddie Arthur Grier sold 165 shares of the stock in a transaction on Thursday, August 31st. The shares were sold at an average price of $2,682.26, for a total transaction of $442,572.90. Following the completion of the sale, the director now owns 340 shares of the company’s stock, valued at approximately $911,968.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Timothy M. Donahue sold 326 shares of the stock in a transaction on Wednesday, November 1st. The shares were sold at an average price of $3,266.87, for a total transaction of $1,064,999.62. Following the sale, the director now directly owns 844 shares of the company’s stock, valued at approximately $2,757,238.28. The disclosure for this sale can be found here. Insiders sold a total of 816 shares of company stock valued at $2,394,845 in the last ninety days. 11.30% of the stock is owned by corporate insiders.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Alps Advisors Inc. boosted its position in NVR by 0.4% during the 2nd quarter. Alps Advisors Inc. now owns 238 shares of the construction company’s stock valued at $574,000 after buying an additional 1 shares during the period. HPM Partners LLC boosted its position in NVR by 0.6% during the 2nd quarter. HPM Partners LLC now owns 168 shares of the construction company’s stock valued at $405,000 after buying an additional 1 shares during the period. Advisor Partners LLC boosted its position in NVR by 3.4% during the 2nd quarter. Advisor Partners LLC now owns 122 shares of the construction company’s stock valued at $294,000 after buying an additional 4 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in NVR by 1.2% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 509 shares of the construction company’s stock valued at $1,227,000 after buying an additional 6 shares during the period. Finally, PNC Financial Services Group Inc. boosted its position in NVR by 14.8% during the 1st quarter. PNC Financial Services Group Inc. now owns 70 shares of the construction company’s stock valued at $148,000 after buying an additional 9 shares during the period. 80.59% of the stock is owned by institutional investors and hedge funds.

NVR (NVR) traded down $56.33 during mid-day trading on Friday, reaching $3,205.96. 20,360 shares of the company’s stock were exchanged, compared to its average volume of 27,343. The firm has a market capitalization of $11.97 billion, a PE ratio of 23.51 and a beta of 0.74.

About NVR

NVR, Inc is engaged in the construction and sale of single-family detached homes, townhomes and condominium buildings. The Company’s segments are Homebuilding Mid Atlantic, Homebuilding North East, Homebuilding Mid East, Homebuilding South East and Mortgage Banking. Its Homebuilding Mid Atlantic segment operates in various geographic regions, which include Maryland, Virginia, West Virginia, Delaware and Washington, District of Columbia (DC).

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