NVR, Inc. operates as a homebuilder in the United States. The company operates in two segments, Homebuilding and Mortgage Banking. It primarily constructs and sells 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. It also provides various mortgage-related services to its homebuilding customers, as well as brokers title insurance and performs title searches in connection with mortgage loan closings. The company primarily serves in Maryland, Virginia, West Virginia, Delaware, New Jersey, Eastern Pennsylvania, New York, Ohio, Western Pennsylvania, Indiana, Illinois, North Carolina, South Carolina, Florida, Tennessee, and Washington, D.C. The company was founded in 1980 and is headquartered in Reston, Virginia.
IPO Year: 1998
Exchange: NYSE
Website: nvrinc.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/11/2024 | Buy → Neutral | Seaport Research Partners | |
| 12/8/2023 | $4900.00 → $6300.00 | Sell → Hold | Deutsche Bank |
| 6/14/2023 | $7000.00 | Buy | Seaport Research Partners |
| 6/1/2023 | $4400.00 | Sell | Deutsche Bank |
| 10/18/2022 | $4900.00 | Buy | BofA Securities |
| 3/10/2022 | $6630.00 → $5300.00 | Neutral | JP Morgan |
| 2/8/2022 | $5450.00 → $5700.00 | Overweight | Keybanc |
| 2/3/2022 | $4825.00 → $5500.00 | Sell → Neutral | UBS |
| 1/20/2022 | $4825.00 | Sell | UBS |
4 - NVR INC (0000906163) (Issuer)
4 - NVR INC (0000906163) (Issuer)
4 - NVR INC (0000906163) (Issuer)
4 - NVR INC (0000906163) (Issuer)
4 - NVR INC (0000906163) (Issuer)
4 - NVR INC (0000906163) (Issuer)
4 - NVR INC (0000906163) (Issuer)
4 - NVR INC (0000906163) (Issuer)
4 - NVR INC (0000906163) (Issuer)
4 - NVR INC (0000906163) (Issuer)
United Homes Group, Inc. ("UHG" or the "Company") (NASDAQ:UHG) announced today that David Hamamoto has resigned from the Board of Directors. Mr. Hamamoto was the founder and principal sponsor of DiamondHead Holdings Corp., which subsequently merged with Great Southern Homes to create UHG, now a publicly-traded homebuilder. The Company is also announcing that Mr. Hamamoto's seat will be filled by Jamie Pirrello, a 30-year veteran of the homebuilding industry whose resume includes leadership roles at publicly traded homebuilders including Century Communities, Inc. (NYSE:CCS), NVR (NYSE:NVR) and UCP, Inc. (NYSE:UCP). Mr. Hamamoto commented, "It's been an honor to partner with Michael Nieri a
Revenue increased 20% to $9.3 million in Q4 2022 vs. $7.8 million in Q4 2021; FY 2022 revenue increased 26% to $39.3 million vs. $31.1 million in 2021 Operating income increased 61% to $1.6 million in Q4 2022 vs. $1.0 million in Q421; FY 2022 operating income increased 57% to $8.0 million vs. $5.1 million in 2021 Net income increased 39% to $1.3 million in Q4 2022 vs. $0.9 million in Q4 2021; FY 2022 net income of $7.7 million vs. $16.0 million in 2021, primarily due to $11.2 million non-cash tax benefit in 2021 Adjusted EBITDA increased 58% to $1.9 million in Q4 2022 vs. $1.2 million in Q4 2021; YTD 2022 Adjusted EBITDA increased 55% to $9.0 million vs. $5.8 million in 2021 Comsto
Revenue increased 34% to $8.5 million in Q2 2022 vs. $6.3 million in Q2 2021; YTD revenue increased 31% to $17.2 million vs. $13.2 million in 2021Operating income increased 127% to $1.1 million in Q2 2022 vs. $0.5 million in Q2 2021; YTD operating income increased 166% to $2.5 million in Q2 2022 vs. $1.0 million in 2021Strengthened balance sheet via redemption of Series C preferred stock at discount New asset management agreement covering Anchor Portfolio provides expanded revenue opportunities and extends term through 2035Dwight Schar, recently retired CEO/Chairman of NVR, Inc. (NYSE:NVR), joining Comstock as significant shareholder RESTON, Va., Aug. 15, 2022 (GLOBE NEWSWIRE) -- Comsto
SC 13G/A - NVR INC (0000906163) (Subject)
SC 13G/A - NVR INC (0000906163) (Subject)
SC 13G/A - NVR INC (0000906163) (Subject)
SC 13G - NVR INC (0000906163) (Subject)
SC 13G/A - NVR INC (0000906163) (Subject)
SC 13G/A - NVR INC (0000906163) (Subject)
RESTON, Va., Oct. 22, 2024 /PRNewswire/ -- NVR, Inc. (NYSE:NVR), one of the nation's largest homebuilding and mortgage banking companies, announced net income for its third quarter ended September 30, 2024 of $429.3 million, or $130.50 per diluted share. For the third quarter ended September 30, 2024, net income decreased 1% and diluted earnings per share increased 4%, when compared to 2023 third quarter net income of $433.2 million, or $125.26 per diluted share. Consolidated revenues for the third quarter of 2024 totaled $2.73 billion, which increased 6% from $2.57 billion in the third quarter of 2023. For the nine months ended September 30, 2024, consolidated revenues were $7.68 billio
United Homes Group, Inc. (the "Company") (NASDAQ:UHG), today announced that on October 1, 2024, Michael Nieri, the Company's founder, Chairman, and Chief Executive Officer, will transition to Executive Chairman of the Company. As Executive Chairman, Mr. Nieri will shift his leadership time and energies to focus primarily on the Company's strategic future. Concurrently with the effectiveness of Mr. Nieri's transition to Executive Chairman, Jamie Pirrello, currently a member of the Company's board of directors and a consultant to the Company, was named interim Chief Executive Officer of the Company. The Company's board of directors intends to undertake a search to identify the Company's next
RESTON, Va., July 23, 2024 /PRNewswire/ -- NVR, Inc. (NYSE:NVR), one of the nation's largest homebuilding and mortgage banking companies, announced net income for its second quarter ended June 30, 2024 of $400.9 million, or $120.69 per diluted share. For the second quarter ended June 30, 2024, net income decreased 1% and diluted earnings per share increased 4%, when compared to 2023 second quarter net income of $404.0 million, or $116.54 per diluted share. Consolidated revenues for the second quarter of 2024 totaled $2.61 billion, which increased 12% from $2.34 billion in the second quarter of 2023. For the six months ended June 30, 2024, consolidated revenues were $4.95 billion, a 10% i
RESTON, Va., May 7, 2024 /PRNewswire/ -- NVR, Inc. (NYSE:NVR) announced today that its Board of Directors has authorized the repurchase of up to an aggregate of $750 million of its outstanding common stock. The repurchase authorization does not have an expiration date. The purchases will occur from time to time in the open market and/or in privately negotiated transactions as market conditions permit. The Company indicated that the authorization is a continuation of the stock repurchase program that began in 1994 and is consistent with NVR's strategy of maximizing shareholder value. Consistent with prior authorizations, this new authorization prohibits the Company from purchasing shares from
RESTON, Va., April 23, 2024 /PRNewswire/ -- NVR, Inc. (NYSE:NVR), one of the nation's largest homebuilding and mortgage banking companies, announced net income for its first quarter ended March 31, 2024 of $394.3 million, or $116.41 per diluted share. Net income and diluted earnings per share for the first quarter ended March 31, 2024 increased 14% and 17%, respectively, when compared to 2023 first quarter net income of $344.4 million, or $99.89 per diluted share. Consolidated revenues for the first quarter of 2024 totaled $2.33 billion, which increased 7% from $2.18 billion in the first quarter of 2023. Homebuilding New orders in the first quarter of 2024 increased by 3% to 6,049 units,
United Homes Group, Inc. ("UHG" or the "Company") (NASDAQ:UHG) announced today that David Hamamoto has resigned from the Board of Directors. Mr. Hamamoto was the founder and principal sponsor of DiamondHead Holdings Corp., which subsequently merged with Great Southern Homes to create UHG, now a publicly-traded homebuilder. The Company is also announcing that Mr. Hamamoto's seat will be filled by Jamie Pirrello, a 30-year veteran of the homebuilding industry whose resume includes leadership roles at publicly traded homebuilders including Century Communities, Inc. (NYSE:CCS), NVR (NYSE:NVR) and UCP, Inc. (NYSE:UCP). Mr. Hamamoto commented, "It's been an honor to partner with Michael Nieri a
RESTON, Va., Feb. 14, 2024 /PRNewswire/ -- NVR, Inc. (NYSE:NVR) announced today that its Board of Directors has authorized the repurchase of up to an aggregate of $750 million of its outstanding common stock. The repurchase authorization does not have an expiration date. The purchases will occur from time to time in the open market and/or in privately negotiated transactions as market conditions permit. The Company indicated that the authorization is a continuation of the stock repurchase program that began in 1994 and is consistent with NVR's strategy of maximizing shareholder value. Consistent with prior authorizations, this new authorization prohibits the Company from purchasing shares
RESTON, Va., Jan. 30, 2024 /PRNewswire/ -- NVR, Inc. (NYSE:NVR), one of the nation's largest homebuilding and mortgage banking companies, announced net income for its fourth quarter ended December 31, 2023 of $410.1 million, or $121.56 per diluted share. Net income and diluted earnings per share for the fourth quarter ended December 31, 2023 decreased 10% and 9%, respectively, when compared to 2022 fourth quarter net income of $454.8 million, or $133.44 per diluted share. Consolidated revenues for the fourth quarter of 2023 totaled $2.43 billion, which decreased 10% from $2.71 billion in the fourth quarter of 2022. For the year ended December 31, 2023, consolidated revenues were $9.52 bill
RESTON, Va., Dec. 8, 2023 /PRNewswire/ -- NVR, Inc. (NYSE:NVR), one of the nation's largest homebuilding and mortgage banking companies, announced that Dwight C. Schar was awarded the Lifetime Achievement Award by the Washington Business Journal at a ceremony held in Washington D.C. on December 7, 2023. Mr. Schar received this award in recognition of his tremendous impact on the Washington DC area economy. Under Mr. Schar's leadership, NVR has built over 100,000 homes in the Washington DC area since its founding in 1980, creating countless jobs as a result. In addition to his economic contributions to the Washington DC area, Mr. Schar's philanthropy has also had a significant impact on the
RESTON, Va., Aug. 2, 2023 /PRNewswire/ -- NVR, Inc. (NYSE:NVR) announced today that its Board of Directors has authorized the repurchase of $500 million of its outstanding common stock. The purchases will occur from time to time in the open market and/or in privately negotiated transactions as market conditions permit. The Company indicated that the authorization is a continuation of the stock repurchase program that began in 1994 and is consistent with NVR's strategy of maximizing shareholder value. Consistent with prior authorizations, this new authorization prohibits the Company from purchasing shares from the Company's officers, directors, Profit Sharing/401(k) Plan Trust or Employee
Costco Wholesale Corp (NASDAQ:COST) share price has been on a remarkable ascent, trading above $800. This puts the retail giant in prime stock-split territory. Historically, stock splits occur after substantial price increases, and Costco’s impressive growth makes it a noteworthy candidate for such a move. Will Costco Follow Rival Walmart’s Footsteps? Walmart Inc‘s (NYSE:WMT) 3-for-1 stock split, initiated when its shares were trading below $200, sets a precedent. Costco’s stock price has far surpassed this level, climbing nearly 30% year-to-date and almost tripling over the past five years. The company's consistent performance and its share price near record highs suggest it could
NVR (NYSE:NVR) reported quarterly earnings of $120.69 per share which missed the analyst consensus estimate of $121.21 by 0.43 percent. This is a 3.56 percent increase over earnings of $116.54 per share from the same period last year. The company reported quarterly sales of $2.61 billion which beat the analyst consensus estimate of $2.51 billion by 3.98 percent. This is a 11.63 percent increase over sales of $2.34 billion the same period last year.
NVR (NYSE:NVR) has outperformed the market over the past 10 years by 10.35% on an annualized basis producing an average annual return of 20.76%. Currently, NVR has a market capitalization of $23.89 billion. Buying $100 In NVR: If an investor had bought $100 of NVR stock 10 years ago, it would be worth $659.04 today based on a price of $7627.32 for NVR at the time of writing. NVR's Performance Over Last 10 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content engine and reviewed by an editor.
NVR's (NYSE:NVR) short percent of float has fallen 4.52% since its last report. The company recently reported that it has 50 thousand shares sold short, which is 1.9% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.97 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest is important
NVR (NYSE:NVR) has outperformed the market over the past 15 years by 7.69% on an annualized basis producing an average annual return of 20.14%. Currently, NVR has a market capitalization of $24.02 billion. Buying $1000 In NVR: If an investor had bought $1000 of NVR stock 15 years ago, it would be worth $15,681.51 today based on a price of $7669.00 for NVR at the time of writing. NVR's Performance Over Last 15 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content engine and reviewed by an edi
10-Q - NVR INC (0000906163) (Filer)
8-K - NVR INC (0000906163) (Filer)
10-Q - NVR INC (0000906163) (Filer)
8-K - NVR INC (0000906163) (Filer)
11-K - NVR INC (0000906163) (Filer)
8-K - NVR INC (0000906163) (Filer)
10-Q - NVR INC (0000906163) (Filer)
8-K - NVR INC (0000906163) (Filer)
DEFA14A - NVR INC (0000906163) (Filer)
DEF 14A - NVR INC (0000906163) (Filer)
Seaport Research Partners downgraded NVR from Buy to Neutral
Deutsche Bank upgraded NVR from Sell to Hold and set a new price target of $6,300.00 from $4,900.00 previously
Seaport Research Partners initiated coverage of NVR with a rating of Buy and set a new price target of $7,000.00
Deutsche Bank initiated coverage of NVR with a rating of Sell and set a new price target of $4,400.00
BofA Securities resumed coverage of NVR with a rating of Buy and set a new price target of $4,900.00
JP Morgan reiterated coverage of NVR with a rating of Neutral and set a new price target of $5,300.00 from $6,630.00 previously
Keybanc reiterated coverage of NVR with a rating of Overweight and set a new price target of $5,700.00 from $5,450.00 previously
UBS upgraded NVR from Sell to Neutral and set a new price target of $5,500.00 from $4,825.00 previously
UBS initiated coverage of NVR with a rating of Sell and set a new price target of $4,825.00
Wells Fargo initiated coverage of NVR with a rating of Equal-Weight and set a new price target of $5,000.00