NVR (NYSE:NVR) Posts Earnings Results, Misses Expectations By $0.50 EPS

NVR (NYSE:NVR) released its quarterly earnings data 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 16.83% and a return on equity of 38.51%. The company had revenue of $2.68 billion for the quarter, compared to analysts’ expectations of $2.71 billion. During the same period in the previous year, the firm earned $125.26 earnings per share. The firm’s revenue for the quarter was up 6.6% on a year-over-year basis.

NVR Stock Performance

NVR stock opened at $9,438.35 on Wednesday. The company has a debt-to-equity ratio of 0.22, a current ratio of 5.84 and a quick ratio of 3.32. NVR has a 1 year low of $5,210.49 and a 1 year high of $9,964.77. The company has a market cap of $29.07 billion, a P/E ratio of 19.50, a price-to-earnings-growth ratio of 2.61 and a beta of 1.19. The stock’s fifty day moving average price is $9,353.94 and its 200-day moving average price is $8,360.43.

Insider Activity at NVR

In other NVR news, CAO Matthew B. Kelpy sold 200 shares of the business’s stock in a transaction dated 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 directly owns 230 shares in the company, valued at $1,955,000. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, CAO Matthew B. Kelpy sold 200 shares of the firm’s stock in a transaction that occurred on Friday, August 9th. The shares were sold at an average price of $8,500.00, for a total value of $1,700,000.00. Following the transaction, the chief accounting officer now owns 230 shares of the company’s stock, valued at approximately $1,955,000. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CAO Matthew B. Kelpy sold 175 shares of the company’s stock in a transaction that occurred on Friday, July 26th. The shares were sold at an average price of $8,650.00, for a total transaction of $1,513,750.00. Following the sale, the chief accounting officer now directly owns 230 shares of the company’s stock, valued at approximately $1,989,500. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 648 shares of company stock worth $5,547,709. 7.00% of the stock is owned by insiders.

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.