Zacks Research Issues Negative Forecast for NVR Earnings

NVR, Inc. (NYSE:NVR) – Investment analysts at Zacks Research dropped their Q4 2025 earnings per share estimates for NVR in a research report issued to clients and investors on Wednesday, August 13th. Zacks Research analyst Team now forecasts that the construction company will post earnings per share of $101.42 for the quarter, down from their prior forecast of $110.12. The consensus estimate for NVR’s current full-year earnings is $505.20 per share. Zacks Research also issued estimates for NVR’s Q1 2026 earnings at $105.78 EPS, Q3 2026 earnings at $102.01 EPS, Q4 2026 earnings at $97.05 EPS, FY2026 earnings at $416.97 EPS, Q1 2027 earnings at $116.15 EPS, Q2 2027 earnings at $124.18 EPS and FY2027 earnings at $466.01 EPS.

NVR (NYSE:NVR) last released its quarterly earnings data on Wednesday, July 23rd. The construction company reported $108.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $104.89 by $3.65. NVR had a return on equity of 37.35% and a net margin of 14.68%. The business had revenue of $2.55 billion during the quarter, compared to analysts’ expectations of $2.46 billion. During the same period in the prior year, the firm posted $120.69 EPS. The business’s quarterly revenue was down .5% compared to the same quarter last year.

NVR has been the topic of a number of other reports. JPMorgan Chase & Co. increased their target price on shares of NVR from $7,200.00 to $7,600.00 and gave the company a “neutral” rating in a research report on Thursday, July 24th. UBS Group increased their price objective on NVR from $7,900.00 to $8,150.00 and gave the company a “neutral” rating in a report on Thursday, July 24th. Finally, Wall Street Zen raised shares of NVR from a “sell” rating to a “hold” rating in a report on Saturday, August 9th. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, NVR currently has an average rating of “Hold” and an average price target of $8,783.33.

NVR Stock Performance

Shares of NVR opened at $8,226.78 on Friday. The stock has a 50 day moving average price of $7,577.10 and a 200 day moving average price of $7,358.48. The company has a quick ratio of 2.97, a current ratio of 5.79 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $23.61 billion, a price-to-earnings ratio of 17.36, a price-to-earnings-growth ratio of 11.78 and a beta of 0.94. NVR has a 52-week low of $6,562.85 and a 52-week high of $9,964.77.

NVR declared that its Board of Directors has authorized a share buyback program on Tuesday, May 6th that allows the company to buyback $750.00 million in outstanding shares. This buyback authorization allows the construction company to buy up to 3.6% of its shares through open market purchases. Shares buyback programs are typically a sign that the company’s board of directors believes its stock is undervalued.

Insider Activity

In other news, Director Susan Williamson Ross sold 125 shares of the business’s stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $7,850.28, for a total value of $981,285.00. Following the transaction, the director owned 386 shares of the company’s stock, valued at approximately $3,030,208.08. The trade was a 24.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Matthew B. Kelpy sold 600 shares of the company’s stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $8,100.00, for a total value of $4,860,000.00. Following the sale, the chief accounting officer owned 208 shares of the company’s stock, valued at $1,684,800. This trade represents a 74.26% decrease in their position. The disclosure for this sale can be found here. Insiders own 7.00% of the company’s stock.

Hedge Funds Weigh In On NVR

Several institutional investors have recently bought and sold shares of NVR. Fifth Third Wealth Advisors LLC boosted its holdings in shares of NVR by 1.1% in the first quarter. Fifth Third Wealth Advisors LLC now owns 177 shares of the construction company’s stock valued at $1,282,000 after acquiring an additional 2 shares in the last quarter. Peak Financial Advisors LLC boosted its holdings in NVR by 1.3% in the 1st quarter. Peak Financial Advisors LLC now owns 153 shares of the construction company’s stock valued at $1,108,000 after purchasing an additional 2 shares in the last quarter. Salvus Wealth Management LLC boosted its holdings in NVR by 0.6% in the 1st quarter. Salvus Wealth Management LLC now owns 338 shares of the construction company’s stock valued at $2,449,000 after purchasing an additional 2 shares in the last quarter. Fifth Third Bancorp increased its position in NVR by 6.9% during the 1st quarter. Fifth Third Bancorp now owns 31 shares of the construction company’s stock worth $225,000 after purchasing an additional 2 shares during the period. Finally, Ballentine Partners LLC raised its stake in shares of NVR by 6.7% during the 1st quarter. Ballentine Partners LLC now owns 32 shares of the construction company’s stock worth $232,000 after buying an additional 2 shares in the last quarter. 83.67% of the stock is owned by institutional investors and hedge funds.

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.