NVR, Inc. (NVR)

Over the past six months, NVR's stock has trended up by 5.65%, but declined by 20.09% over the past year. In Q1 2025, NVR reported a profit decline with net income dropping 24% year-over-year. In Q2 2025, new orders stabilized, and NVR allocated $471 million to share repurchases. In Q3 2025, NVR surpassed analyst expectations for EPS and revenue, but quarterly profit fell. Throughout the period, analysts issued mixed ratings, with a consensus rating of "Hold". In August 2025, NVR authorized the repurchase of up to $750 million of its common stock.

The homebuilding industry experiences seasonality, affecting NVR's products and services. Demand for new construction has been decreasing after a post-pandemic spike, but NVR has benefited from improving demand amidst low existing home inventory. Changes in economic conditions, such as interest rates, employment levels, and consumer confidence, significantly influence the demand for new homes.

NVR, Inc. is an American company focused on home construction and mortgage banking, operating in the Consumer Discretionary sector. It builds single-family homes, townhomes, and condos under the Ryan Homes, NVHomes, and Heartland Homes brands, targeting different buyer segments. NVR employs a "land-light" strategy, acquiring finished lots to minimize land-related risks. Its mortgage banking segment, NVR Mortgage, provides mortgage services primarily to its homebuyers.

NVR, Inc. serves homebuyers in 36 metropolitan areas across sixteen states and Washington, D.C., primarily concentrated on the East Coast. A significant portion of its revenue, specifically 22% in 2021, was generated from the Washington metropolitan area. The states where NVR operates include Maryland, New York, North Carolina, Virginia, Ohio, Indiana, Illinois, South Carolina, Pennsylvania, Tennessee, Florida, Delaware, West Virginia, New Jersey, Kentucky, and Georgia.

In the past year, NVR, Inc. and its brands have faced negative customer feedback, including issues with the quality of workmanship, communication and delays, mortgage practices, and customer service. Customers cited problems with new home quality, unorganized processes, and concerns about NVR Mortgage's loan officers and practices. Some customers reported a decline in customer care after providing the earnest money deposit.

NVR, Inc. has significant institutional backing, with institutions owning approximately 87% to 88% of the company. The largest institutional shareholders include Vanguard Group Inc, BlackRock, Inc., and State Street Corp. Insiders own approximately 4.76% to 14.92% of NVR, with Paul C. Saville being the largest individual shareholder. Retail investors hold a smaller stake, estimated at around 0.00% to 11% of the company.