NVR (NVR)

• Market cap: $27.4B
• 1 day: -1.05%
• 5 days: -3.05%
• 1 month: -5.30%
• 3 months: -0.99%
• 6 months: 17.15%
• Year to date: 28.50%
• 1 year: 40.82%
• 5 years: 132.33%
• 10 years: 614.76%
• Sector: Industrials
• Industry: Operative Builders

About: NVR Inc is a United States-based homebuilding company. It builds single-family detached homes, townhomes, and condominium buildings under three brands, Ryan Homes, NVHomes, and Heartland Homes. The company through its subsidiary also operates a mortgage banking and title services business. The homebuilding segment includes four geographic areas of the United States; Mid-Atlantic, North East, Mid-East, and South East.

Employees: 6,300

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

52% more first-time investments, than exits

New positions opened: 79 | Existing positions closed: 52

25% more funds holding in top 10

Funds holding in top 10: 16 [Q2] → 20 (+4) [Q3]

25% more capital invested

Capital invested by funds: $19.7B [Q2] → $24.6B (+$4.87B) [Q3]

10.82% more ownership

Funds ownership: 83.01% [Q2] → 93.83% (+10.82%) [Q3]

4% more funds holding

Funds holding: 658 [Q2] → 685 (+27) [Q3]

25% less repeat investments, than reductions

Existing positions increased: 192 | Existing positions reduced: 257

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $9,450 6% upside
• Avg. target: $10,025 12% upside
• High target: $10,600 18% upside

2 analyst ratings

• positive: 1 50%
• neutral: 1 50%
• negative: 0 0%

B of A Securities Rafe Jadrosich 42% 1-year accuracy 5 / 12 met price target	18% upside $10,600	Buy Maintained	23 Oct 2024
UBS John Lovallo 92% 1-year accuracy 12 / 13 met price target	6% upside $9,450	Neutral Maintained	23 Oct 2024