Zacks Research Issues Pessimistic Estimate for NVR Earnings

NVR, Inc. (NYSE:NVR) – Research analysts at Zacks Research reduced their Q2 2026 earnings estimates for NVR in a research note issued to investors on Wednesday, February 18th. Zacks Research analyst Team now forecasts that the construction company will post earnings per share of $107.69 for the quarter, down from their prior forecast of $112.13. The consensus estimate for NVR’s current full-year earnings is $505.20 per share. Zacks Research also issued estimates for NVR’s FY2026 earnings at $420.08 EPS, Q3 2027 earnings at $122.39 EPS, FY2027 earnings at $466.93 EPS and FY2028 earnings at $529.93 EPS.

A number of other equities analysts have also commented on the company. BTIG Research initiated coverage on NVR in a report on Monday, December 1st. They issued a “buy” rating and a $9,022.00 price target for the company. UBS Group set a $8,100.00 price objective on NVR in a report on Friday, February 13th. Wall Street Zen upgraded NVR from a “sell” rating to a “hold” rating in a research note on Saturday, January 31st. Weiss Ratings reiterated a “hold (c+)” rating on shares of NVR in a research report on Thursday, January 22nd. Finally, Zelman & Associates upgraded shares of NVR from a “sell” rating to a “hold” rating and set a $7,675.00 target price on the stock in a research note on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $8,279.40.

NVR Stock Up 0.7%

NVR stock opened at $7,576.23 on Friday. The firm has a 50 day simple moving average of $7,576.82 and a 200 day simple moving average of $7,703.95. The company has a current ratio of 6.21, a quick ratio of 3.71 and a debt-to-equity ratio of 0.24. NVR has a 1-year low of $6,562.85 and a 1-year high of $8,618.28. The firm has a market capitalization of $21.14 billion, a price-to-earnings ratio of 17.33, a P/E/G ratio of 2.59 and a beta of 1.03.

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

Hedge Funds Weigh In On NVR

Several hedge funds have recently made changes to their positions in NVR. Principal Financial Group Inc. boosted its position in shares of NVR by 4.0% during the third quarter. Principal Financial Group Inc. now owns 60,307 shares of the construction company’s stock valued at $484,546,000 after purchasing an additional 2,331 shares in the last quarter. Nordea Investment Management AB raised its holdings in NVR by 262.2% in the third quarter. Nordea Investment Management AB now owns 938 shares of the construction company’s stock worth $7,522,000 after purchasing an additional 679 shares in the last quarter. iA Global Asset Management Inc. purchased a new position in NVR during the third quarter valued at $691,000. Envestnet Asset Management Inc. boosted its holdings in shares of NVR by 2.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 9,730 shares of the construction company’s stock valued at $78,178,000 after buying an additional 203 shares in the last quarter. Finally, Rakuten Investment Management Inc. bought a new stake in shares of NVR during the 3rd quarter valued at $51,896,000. 83.67% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other NVR news, CAO Matthew B. Kelpy sold 500 shares of the stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $8,100.00, for a total transaction of $4,050,000.00. Following the completion of the sale, the chief accounting officer owned 208 shares of the company’s stock, valued at $1,684,800. This represents a 70.62% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Susan Williamson Ross sold 200 shares of the stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $7,922.06, for a total transaction of $1,584,412.00. Following the sale, the director owned 386 shares of the company’s stock, valued at approximately $3,057,915.16. This represents a 34.13% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,120 shares of company stock valued at $9,012,736 over the last 90 days. 7.00% of the stock is currently owned by company insiders.

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

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.