Media stories about NVR (NYSE:NVR) have been trending positive on Monday, according to Accern. The research group identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. NVR earned a media sentiment score of 0.30 on Accern’s scale. Accern also assigned press coverage about the construction company an impact score of 46.7053091100043 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the media headlines that may have impacted Accern Sentiment’s rankings:
- H&E Equipment Services (NASDAQ:HEES) Receives Daily News Sentiment Score of 0.12 (ismboard.com)
- NVR (NVR) versus Lennar Corporation (LEN.B) Head-To-Head Contrast (americanbankingnews.com)
- How NVR, Inc. (NVR) Stock Stands Out in a Strong Industry (nasdaq.com)
- TRI Pointe Group (TPH) and NVR (NVR) Head-To-Head Survey (americanbankingnews.com)
- Jeffrey D. Martchek Sells 1,000 Shares of NVR, Inc. (NVR) Stock (americanbankingnews.com)
NVR (NYSE:NVR) last announced its earnings results on Friday, July 21st. The construction company reported $35.19 EPS for the quarter, beating analysts’ consensus estimates of $28.63 by $6.56. NVR had a return on equity of 37.43% and a net margin of 8.67%. The business had revenue of $1.54 billion during the quarter, compared to analysts’ expectations of $1.57 billion. During the same quarter in the prior year, the firm earned $22.01 earnings per share. The business’s revenue was up 11.3% compared to the same quarter last year.
NVR has been the subject of several research analyst reports. Bank of America Corporation restated a “buy” rating and set a $2,690.00 price target (up previously from $2,485.00) on shares of NVR in a report on Wednesday, June 28th. Zacks Investment Research upgraded NVR from a “hold” rating to a “buy” rating and set a $2,726.00 price target for the company in a report on Wednesday, June 28th. Zelman & Associates cut NVR from a “buy” rating to a “hold” rating in a report on Friday, May 26th. ValuEngine upgraded NVR from a “hold” rating to a “buy” rating in a report on Tuesday, June 6th. Finally, MKM Partners restated a “neutral” rating and set a $2,600.00 price target (up previously from $1,900.00) on shares of NVR in a report on Tuesday, July 25th. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $2,672.00.
In other news, Director William Grady Rosier sold 500 shares of the company’s stock in a transaction that occurred on Thursday, May 4th. The stock was sold at an average price of $2,130.00, for a total value of $1,065,000.00. Following the completion of the sale, the director now directly owns 1,212 shares in the company, valued at $2,581,560. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Susan Williamson Ross purchased 30 shares of the company’s stock in a transaction dated Wednesday, May 17th. The stock was bought at an average price of $2,253.43 per share, with a total value of $67,602.90. Following the completion of the transaction, the director now directly owns 30 shares of the company’s stock, valued at $67,602.90. The disclosure for this purchase can be found here. Insiders sold 9,075 shares of company stock valued at $21,985,568 over the last 90 days. Company insiders own 11.30% of the company’s stock.
About NVR
NVR, Inc is engaged in the construction and sale of single-family detached homes, townhomes and condominium buildings. The Company’s segments are Homebuilding Mid Atlantic, Homebuilding North East, Homebuilding Mid East, Homebuilding South East and Mortgage Banking. Its Homebuilding Mid Atlantic segment operates in various geographic regions, which include Maryland, Virginia, West Virginia, Delaware and Washington, District of Columbia (DC).
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