Aristides Capital LLC Acquires 129 Shares of NVR, Inc. $NVR

Aristides Capital LLC boosted its holdings in shares of NVR, Inc. (NYSE:NVR) by 62.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 335 shares of the construction company’s stock after acquiring an additional 129 shares during the period. Aristides Capital LLC’s holdings in NVR were worth $2,208,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. DV Equities LLC purchased a new stake in shares of NVR in the fourth quarter worth $29,000. Strive Financial Group LLC purchased a new position in shares of NVR in the 4th quarter worth about $29,000. Oakworth Capital Inc. purchased a new position in shares of NVR in the 4th quarter worth about $36,000. State of Wyoming bought a new position in NVR in the 2nd quarter worth about $44,000. Finally, USA Financial Formulas boosted its stake in NVR by 75.0% in the 4th quarter. USA Financial Formulas now owns 7 shares of the construction company’s stock worth $51,000 after purchasing an additional 3 shares in the last quarter. Institutional investors own 83.67% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. Truist Financial reduced their price objective on shares of NVR from $7,100.00 to $6,600.00 and set a “hold” rating for the company in a research note on Thursday, April 23rd. Wall Street Zen upgraded shares of NVR from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. UBS Group cut their price target on shares of NVR from $8,100.00 to $7,700.00 and set a “neutral” rating on the stock in a report on Thursday, April 23rd. Bank of America lowered their price objective on NVR from $7,600.00 to $7,200.00 and set a “buy” rating on the stock in a research report on Monday. Finally, Zelman & Associates upgraded NVR from a “hold” rating to a “buy” rating in a research note on Tuesday, July 7th. Three analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, NVR presently has an average rating of “Hold” and an average price target of $7,454.20.

NVR Stock Down 2.8%

NVR opened at $6,170.78 on Friday. The company has a quick ratio of 2.67, a current ratio of 5.19 and a debt-to-equity ratio of 0.26. The firm has a 50 day moving average price of $6,353.15 and a 200-day moving average price of $6,789.46. NVR, Inc. has a twelve month low of $5,501.01 and a twelve month high of $8,618.28. The stock has a market capitalization of $16.66 billion, a price-to-earnings ratio of 15.04, a PEG ratio of 16.29 and a beta of 0.90.

NVR (NYSE:NVR) last issued its quarterly earnings data on Thursday, July 23rd. The construction company reported $83.96 earnings per share for the quarter, beating analysts’ consensus estimates of $0.90 by $83.06. NVR had a net margin of 12.93% and a return on equity of 32.66%. The company had revenue of $2.34 billion for the quarter, compared to the consensus estimate of $2.40 billion. During the same quarter in the prior year, the firm earned $108.54 earnings per share. The firm’s revenue for the quarter was down 10.5% compared to the same quarter last year. Equities research analysts forecast that NVR, Inc. will post 371.11 earnings per share for the current year.

Key Stories Impacting NVR

Here are the key news stories impacting NVR this week:

• Positive Sentiment: Operating cash flow improved sharply to $339.7 million, while the balance sheet remained strong with $1.14 billion in cash and relatively low debt. This helps cushion the earnings miss and supports financial flexibility.
• Positive Sentiment: New orders rose 9% and backlog increased, suggesting demand is holding up even as pricing and affordability remain challenging.
• Neutral Sentiment: Wall Street still has some constructive views on the stock, with recent buy coverage from Zelman & Assoc. and a range of price targets that remain well above the current share price.
• Negative Sentiment: Second-quarter diluted EPS came in at $83.96, below expectations and down 23% from a year ago, while revenue fell to $2.34 billion, also missing estimates.
• Negative Sentiment: Margins weakened as higher lot costs, pricing pressure, and contract land deposit impairments weighed on profitability, fueling concern that housing market conditions are pressuring returns.
• Negative Sentiment: Analyst sentiment turned less favorable, including a Zacks Research downgrade to “strong sell” and several downward EPS revisions for future periods, which likely added to selling pressure.

About NVR

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.