Zacks Research Analysts Decrease Earnings Estimates for NVR

NVR, Inc. (NYSE:NVR) – Equities researchers at Zacks Research lowered their Q2 2026 earnings estimates for NVR in a research note issued to investors on Wednesday, February 18th. Zacks Research analyst Team now anticipates that the construction company will earn $107.69 per share for the quarter, down from their previous 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.

NVR (NYSE:NVR) last posted its quarterly earnings results on Wednesday, January 28th. The construction company reported $121.54 earnings per share for the quarter, beating analysts’ consensus estimates of $105.42 by $16.12. The company had revenue of $2.74 billion for 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 quarterly revenue was down 5.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $139.93 EPS.

Other analysts have also recently issued reports about the company. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of NVR in a research report on Thursday, January 22nd. BTIG Research began coverage on NVR in a research note on Monday, December 1st. They issued a “buy” rating and a $9,022.00 price target for the company. Wall Street Zen raised shares of 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, Zelman & Associates raised NVR from a “sell” rating to a “hold” rating and set a $7,675.00 target price for the company in a report 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 assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $8,279.40.

NVR Trading Down 0.0%

NYSE NVR opened at $7,519.50 on Friday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 3.71 and a current ratio of 6.21. NVR has a 52 week low of $6,562.85 and a 52 week high of $8,618.28. The stock’s 50 day moving average price is $7,575.74 and its two-hundred day moving average price is $7,705.91. The stock has a market capitalization of $20.98 billion, a price-to-earnings ratio of 17.20, a PEG ratio of 2.53 and a beta of 1.03.

Institutional Trading of NVR

Several institutional investors have recently added to or reduced their stakes in NVR. Capital Research Global Investors increased its position in shares of NVR by 0.4% during the 4th quarter. Capital Research Global Investors now owns 133,554 shares of the construction company’s stock valued at $973,979,000 after purchasing an additional 551 shares during the last quarter. Boston Partners raised its holdings in NVR by 9.9% during the second quarter. Boston Partners now owns 64,952 shares of the construction company’s stock valued at $479,900,000 after acquiring an additional 5,875 shares during the period. Principal Financial Group Inc. lifted 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 worth $484,546,000 after purchasing an additional 2,331 shares in the last quarter. M&T Bank Corp boosted its stake 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 worth $413,777,000 after purchasing an additional 56,576 shares during the period. Finally, Corient Private Wealth LLC boosted its position in shares of NVR by 407.5% during the fourth quarter. Corient Private Wealth LLC now owns 45,572 shares of the construction company’s stock worth $332,346,000 after acquiring an additional 36,592 shares during the last quarter. 83.67% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related 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 directly owned 208 shares in the company, valued at approximately $1,684,800. The trade was a 70.62% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Susan Williamson Ross sold 200 shares of the company’s stock in a transaction on 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 completion of the transaction, the director directly owned 386 shares in the company, valued at approximately $3,057,915.16. The trade was a 34.13% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,120 shares of company stock worth $9,012,736 over the last 90 days. 7.00% of the stock is currently owned by corporate insiders.

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

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.