Zacks Research Issues Pessimistic Estimate for NVR Earnings

NVR, Inc. (NYSE:NVR) – Zacks Research decreased their Q1 2026 earnings per share estimates for shares of NVR in a report released on Friday, April 17th. Zacks Research analyst Team now forecasts that the construction company will earn $80.11 per share for the quarter, down from their previous estimate of $90.79. The consensus estimate for NVR’s current full-year earnings is $409.37 per share. Zacks Research also issued estimates for NVR’s Q2 2026 earnings at $101.81 EPS, FY2026 earnings at $406.51 EPS, Q1 2027 earnings at $89.26 EPS, Q2 2027 earnings at $110.77 EPS, Q3 2027 earnings at $121.65 EPS, Q4 2027 earnings at $128.15 EPS, FY2027 earnings at $449.83 EPS, Q1 2028 earnings at $102.02 EPS and FY2028 earnings at $497.65 EPS.

Several other equities analysts have also recently weighed in on NVR. Zelman & Associates raised NVR from a “sell” rating to a “hold” rating and set a $7,675.00 price objective for the company in a research report on Thursday, January 29th. Truist Financial cut their price objective on NVR from $7,700.00 to $7,100.00 and set a “hold” rating for the company in a research report on Thursday, April 16th. Wall Street Zen raised NVR from a “sell” rating to a “hold” rating in a research report on Saturday, January 31st. UBS Group set a $8,100.00 price objective on NVR in a research report on Friday, February 13th. Finally, Bank of America cut their price objective on NVR from $8,600.00 to $8,225.00 and set a “buy” rating for the company in a research report on Monday. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, NVR has an average rating of “Hold” and an average target price of $7,953.67.

NVR Stock Performance

NVR opened at $6,943.98 on Tuesday. NVR has a 52-week low of $6,301.02 and a 52-week high of $8,618.28. The company has a debt-to-equity ratio of 0.24, a quick ratio of 3.71 and a current ratio of 6.21. The company has a market cap of $19.30 billion, a PE ratio of 15.88, a price-to-earnings-growth ratio of 2.48 and a beta of 1.07. The stock has a 50-day moving average of $6,949.11 and a 200-day moving average of $7,308.06.

NVR (NYSE:NVR) last released its quarterly earnings results on Wednesday, January 28th. The construction company reported $121.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $105.42 by $16.12. The company had revenue of $2.74 billion during the quarter, compared to the consensus estimate of $2.41 billion. NVR had a return on equity of 34.28% and a net margin of 13.27%.The firm’s revenue was down 5.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $139.93 EPS.

Hedge Funds Weigh In On NVR

Several large investors have recently added to or reduced their stakes in the company. Capital Research Global Investors raised its holdings in NVR by 0.4% in the 4th quarter. Capital Research Global Investors now owns 133,554 shares of the construction company’s stock valued at $973,979,000 after acquiring an additional 551 shares in the last quarter. Principal Financial Group Inc. raised its holdings in NVR by 4.0% in the 3rd quarter. Principal Financial Group Inc. now owns 60,307 shares of the construction company’s stock valued at $484,546,000 after acquiring an additional 2,331 shares in the last quarter. M&T Bank Corp raised its holdings in NVR by 34,923.5% in the 4th quarter. M&T Bank Corp now owns 56,738 shares of the construction company’s stock valued at $413,777,000 after acquiring an additional 56,576 shares in the last quarter. Corient Private Wealth LLC raised its holdings in NVR by 407.5% in the 4th quarter. Corient Private Wealth LLC now owns 45,572 shares of the construction company’s stock valued at $332,346,000 after acquiring an additional 36,592 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in shares of NVR by 4.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 43,318 shares of the construction company’s stock worth $348,051,000 after buying an additional 1,718 shares in the last quarter. Institutional investors and hedge funds own 83.67% of the company’s stock.

Insider Activity at NVR

In other NVR news, Director Susan Williamson Ross sold 220 shares of the company’s stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $8,000.00, for a total value of $1,760,000.00. Following the completion of the transaction, the director owned 386 shares of the company’s stock, valued at $3,088,000. This represents a 36.30% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Matthew B. Kelpy sold 500 shares of the company’s stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $8,100.00, for a total value of $4,050,000.00. Following the completion of the transaction, the chief accounting officer directly owned 208 shares of the company’s stock, valued at approximately $1,684,800. This trade represents a 70.62% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 1,120 shares of company stock valued at $9,012,736. Insiders own 8.60% of the company’s stock.

NVR declared that its Board of Directors has initiated a share buyback program on Wednesday, February 11th that authorizes the company to repurchase $750.00 million in shares. This repurchase authorization authorizes the construction company to purchase up to 3.3% of its shares through open market purchases. Shares repurchase programs are often an indication that the company’s management believes its stock is undervalued.

Key Headlines Impacting NVR

Here are the key news stories impacting NVR this week:

• Positive Sentiment: Bank of America cut its price target but retained a Buy rating, still implying meaningful upside versus the current price — a vote of confidence that limits downside risk. Benzinga
• Positive Sentiment: Some outlets note bullish near‑term potential (coverage highlighting upside in later quarters), which can support the stock if NVR demonstrates margin recovery. American Banking News
• Neutral Sentiment: Commentary asks whether NVR is in focus after recent target updates — useful context for traders but not a direct catalyst by itself. Kalkine Media
• Negative Sentiment: Investing.com warns that NVR faces a tough margin test heading into earnings, increasing downside risk if gross margins or pricing/absorption trends disappoint. Investing.com
• Negative Sentiment: Zacks published an earnings preview and has cut multiple near‑term and longer‑range EPS estimates for NVR (including Q1 and FY estimates), signaling lower analyst expectations and raising the bar for an earnings beat — a principal driver of today’s weakness. Zacks

NVR Company Profile

NVR, Inc is a U.S.-based homebuilding and mortgage banking company that designs, constructs and sells single-family detached homes, townhomes and condominiums. The company operates primarily through its homebuilding business and a mortgage banking subsidiary, providing financing and related closing services to its homebuyers. NVR’s homebuilding activities include land development, community planning, model home sales and construction management aimed at a range of buyer demographics.

Its homes are marketed under recognizable regional brands, including Ryan Homes and NVHomes, along with other market-specific trade names, and are offered across multiple geographic markets in the United States.