NVR (NVR) Expected to Announce Earnings on Tuesday

NVR (NYSE:NVR - Get Free Report) is expected to announce its earnings results before the market opens on Tuesday, April 22nd. Analysts expect the company to announce earnings of $108.22 per share and revenue of $2.35 billion for the quarter.

NVR (NYSE:NVR - Get Free Report) last released its quarterly earnings results on Tuesday, February 4th. The construction company reported $139.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $132.63 by $7.30. NVR had a net margin of 16.34% and a return on equity of 39.67%. On average, analysts expect NVR to post $505 EPS for the current fiscal year and $545 EPS for the next fiscal year.

NVR Trading Up 2.0 %

Shares of NVR traded up $143.68 on Friday, hitting $7,188.69. 23,350 shares of the stock traded hands, compared to its average volume of 22,217. NVR has a 1 year low of $6,562.85 and a 1 year high of $9,964.77. The stock's 50 day moving average is $7,219.56 and its two-hundred day moving average is $8,222.59. The firm has a market capitalization of $21.34 billion, a P/E ratio of 14.16, a P/E/G ratio of 2.39 and a beta of 1.07. The company has a quick ratio of 3.69, a current ratio of 6.18 and a debt-to-equity ratio of 0.22.

Insider Activity

In related news, Director Thomas D. Eckert sold 143 shares of the stock in a transaction on Monday, February 10th. The stock was sold at an average price of $7,515.60, for a total value of $1,074,730.80. Following the completion of the sale, the director now directly owns 1,050 shares in the company, valued at approximately $7,891,380. This represents a 11.99 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 7.00% of the company's stock.

Hedge Funds Weigh In On NVR

A hedge fund recently raised its stake in NVR stock. Brighton Jones LLC increased its position in NVR, Inc. (NYSE:NVR - Free Report) by 68.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 76 shares of the construction company's stock after purchasing an additional 31 shares during the quarter. Brighton Jones LLC's holdings in NVR were worth $622,000 as of its most recent filing with the Securities and Exchange Commission. 83.67% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have weighed in on the company. JPMorgan Chase & Co. reduced their price target on NVR from $9,245.00 to $8,570.00 and set a "neutral" rating on the stock in a research note on Wednesday, January 29th. UBS Group increased their target price on NVR from $8,750.00 to $8,900.00 and gave the stock a "neutral" rating in a research report on Wednesday, January 29th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to MarketBeat.com, NVR has a consensus rating of "Hold" and an average target price of $9,356.67.

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.