NVR (NYSE:NVR) Issues Earnings Results

NVR (NYSE:NVR) released its quarterly earnings data on Wednesday. The construction company reported $67.76 earnings per share for the quarter, missing analysts’ consensus estimates of $79.97 by ($12.21), Zacks reports. NVR had a net margin of 13.27% and a return on equity of 34.28%.

NVR Price Performance

Shares of NYSE:NVR traded down $450.39 during trading on Wednesday, reaching $6,483.11. The stock had a trading volume of 4,952 shares, compared to its average volume of 27,174. NVR has a 52 week low of $6,301.02 and a 52 week high of $8,618.28. The business’s 50-day moving average price is $6,949.11 and its 200 day moving average price is $7,308.06. The company has a debt-to-equity ratio of 0.24, a current ratio of 6.21 and a quick ratio of 3.71. The stock has a market capitalization of $18.02 billion, a PE ratio of 14.83, a P/E/G ratio of 2.48 and a beta of 1.07.

Insider Buying and Selling

In other news, CAO Matthew B. Kelpy sold 500 shares of NVR 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 owned 208 shares in the company, valued at approximately $1,684,800. The trade was a 70.62% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Susan Williamson Ross sold 220 shares of NVR stock in a transaction 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 sale, the director directly owned 386 shares of the company’s stock, valued at approximately $3,088,000. This trade represents a 36.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 1,120 shares of company stock valued at $9,012,736 in the last quarter. 8.60% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On NVR

A number of institutional investors have recently made changes to their positions in NVR. Brighton Jones LLC grew its stake in shares of NVR by 68.9% during the fourth quarter. Brighton Jones LLC now owns 76 shares of the construction company’s stock worth $622,000 after purchasing an additional 31 shares during the period. Woodline Partners LP increased its position in shares of NVR by 28.4% in the 1st quarter. Woodline Partners LP now owns 253 shares of the construction company’s stock valued at $1,833,000 after buying an additional 56 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in shares of NVR by 100.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 10 shares of the construction company’s stock valued at $75,000 after buying an additional 5 shares in the last quarter. Cerity Partners LLC increased its position in shares of NVR by 7.9% in the 2nd quarter. Cerity Partners LLC now owns 409 shares of the construction company’s stock valued at $3,021,000 after buying an additional 30 shares in the last quarter. Finally, Daiwa Securities Group Inc. increased its position in shares of NVR by 3.7% in the 2nd quarter. Daiwa Securities Group Inc. now owns 449 shares of the construction company’s stock valued at $3,316,000 after buying an additional 16 shares in the last quarter. 83.67% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on NVR shares. Bank of America decreased their price objective on NVR from $8,600.00 to $8,225.00 and set a “buy” rating on the stock in a report on Monday. Weiss Ratings reiterated a “hold (c+)” rating on shares of NVR in a research note on Thursday, January 22nd. Seaport Research Partners reiterated a “sell” rating and issued a $5,664.00 target price on shares of NVR in a research note on Tuesday, April 7th. UBS Group set a $8,100.00 target price on shares of NVR in a research note on Friday, February 13th. Finally, Zelman & Associates upgraded shares of NVR from a “sell” rating to a “hold” rating and set a $7,675.00 target price for the company in a research note on Thursday, January 29th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, NVR currently has an average rating of “Hold” and an average price target of $7,953.67.

Key Headlines Impacting NVR

Here are the key news stories impacting NVR this week:

• Positive Sentiment: Bank of America cut its price target to $8,225 but kept a “buy” rating, signaling continued analyst conviction and implying ~18% upside from current levels. Bank of America lowers NVR price target
• Neutral Sentiment: Investing.com highlights that NVR’s upcoming/nearby results were in focus because the homebuilder faces margin pressure — useful context for traders watching gross margin, mortgage?banking performance and backlog trends. NVR earnings in focus
• Neutral Sentiment: Zacks’ earnings preview warned NVR lacked the setup for an earnings beat and expected a decline, setting a cautious backdrop investors were already pricing in before results. Zacks earnings preview
• Negative Sentiment: NVR reported Q1 (ended March 31, 2026) net income of $198.4 million, or $67.76 per diluted share. That EPS figure is materially below several recent sell?side/preview figures cited by outlets (e.g., Zacks’ prior Q1 expectations), which pressured the stock as investors reassess near?term profitability. NVR Q1 results PR Newswire
• Negative Sentiment: Zacks Research has trimmed EPS forecasts across multiple quarters and fiscal years (Q1–Q2 2026 and FY2026–FY2028), lowering near? and medium?term earnings expectations and adding downward pressure to the shares. This broad cut in estimates increases the risk that consensus earnings will need further revision. MarketBeat summary of analyst revisions

NVR declared that its board has initiated a share repurchase plan on Wednesday, February 11th that permits the company to repurchase $750.00 million in shares. This repurchase authorization permits the construction company to reacquire up to 3.3% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s management believes its stock is 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.