NVR (NYSE:NVR – Get Free Report) posted its quarterly earnings results on Tuesday. The construction company reported $130.50 earnings per share for the quarter, missing the consensus estimate of $131.00 by ($0.50), Briefing.com reports. NVR had a net margin of 16.51% and a return on equity of 38.18%. The company had revenue of $2.68 billion during the quarter, compared to the consensus estimate of $2.71 billion. During the same period last year, the firm posted $125.26 earnings per share. The company’s revenue for the quarter was up 6.6% on a year-over-year basis.
NVR Trading Up 0.5 %
NYSE:NVR opened at $9,456.40 on Friday. The company has a debt-to-equity ratio of 0.22, a current ratio of 5.84 and a quick ratio of 3.32. The firm has a 50-day moving average of $9,387.84 and a 200-day moving average of $8,375.33. The company has a market cap of $29.13 billion, a PE ratio of 19.33, a PEG ratio of 2.32 and a beta of 1.19. NVR has a one year low of $5,210.49 and a one year high of $9,964.77.
Insider Transactions at NVR
In related news, CAO Matthew B. Kelpy sold 200 shares of the business’s stock in a transaction dated Friday, August 9th. The shares were sold at an average price of $8,500.00, for a total transaction of $1,700,000.00. Following the transaction, the chief accounting officer now directly owns 230 shares in the company, valued at approximately $1,955,000. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In related news, CAO Matthew B. Kelpy sold 200 shares of the business’s stock in a transaction dated Friday, August 9th. The shares were sold at an average price of $8,500.00, for a total transaction of $1,700,000.00. Following the transaction, the chief accounting officer now directly owns 230 shares in the company, valued at approximately $1,955,000. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Alfred E. Festa sold 148 shares of the business’s stock in a transaction dated Monday, July 29th. The stock was sold at an average price of $8,585.95, for a total transaction of $1,270,720.60. Following the transaction, the director now owns 173 shares in the company, valued at approximately $1,485,369.35. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 7.00% of the stock is currently owned by insiders.
Analyst Upgrades and Downgrades
View Our Latest Research Report on NVR
About NVR
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.
See Also
- Five stocks we like better than NVR
- Industrial Products Stocks Investing
- The Downtrend in UPS Stock Isn’t Over Yet
- How to Use the MarketBeat Stock Screener
- Maximize Portfolio Income with These 3 Dividend ETFs
- Dividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness
- Talen Energy: A Nuclear Power Stock That Can Keep Winning
Receive News & Ratings for NVR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NVR and related companies with MarketBeat.com's FREE daily email newsletter.