NVR (NYSE:NVR) Announces Quarterly Earnings Results

NVR (NYSE:NVR) issued its quarterly earnings results on Tuesday. The construction company reported $130.50 earnings per share for the quarter, missing analysts’ consensus estimates of $131.00 by ($0.50), Briefing.com reports. The business had revenue of $2.68 billion during the quarter, compared to analyst estimates of $2.71 billion. NVR had a net margin of 16.83% and a return on equity of 38.51%. NVR’s revenue was up 6.6% compared to the same quarter last year. During the same period in the previous year, the company posted $125.26 earnings per share.

NVR Price Performance

Shares of NYSE:NVR opened at $9,438.35 on Wednesday. The company has a market capitalization of $29.07 billion, a PE ratio of 19.50, a price-to-earnings-growth ratio of 2.61 and a beta of 1.19. The company has a debt-to-equity ratio of 0.22, a quick ratio of 3.32 and a current ratio of 5.84. The stock has a fifty day moving average of $9,353.94 and a 200-day moving average of $8,360.43. NVR has a one year low of $5,210.49 and a one year high of $9,964.77.

Insider Buying and Selling

In other NVR news, CAO Matthew B. Kelpy sold 200 shares of the company’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 completion of the sale, the chief accounting officer now directly owns 230 shares of the company’s stock, valued at approximately $1,955,000. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, Director Susan Williamson Ross sold 125 shares of the business’s stock in a transaction that occurred on Friday, July 26th. The shares were sold at an average price of $8,505.91, for a total transaction of $1,063,238.75. Following the transaction, the director now directly owns 391 shares of the company’s stock, valued at approximately $3,325,810.81. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CAO Matthew B. Kelpy sold 200 shares of the stock in a transaction that occurred on Friday, August 9th. The stock was sold at an average price of $8,500.00, for a total transaction of $1,700,000.00. Following the completion of the sale, the chief accounting officer now owns 230 shares of the company’s stock, valued at approximately $1,955,000. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 648 shares of company stock worth $5,547,709 in the last three months. 7.00% of the stock is currently owned by insiders.

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.