NVR (NVR)

• Market cap: $25.4B
• 1 day: 2.17%
• 5 days: -3.78%
• 1 month: -8.04%
• 3 months: -12.63%
• 6 months: 10.14%
• Year to date: 18.77%
• 1 year: 20.88%
• 5 years: 115.50%
• 10 years: 569.91%
• 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)

56% more first-time investments, than exits

New positions opened: 78 | Existing positions closed: 50

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 (+$4.88B) [Q3]

10.85% more ownership

Funds ownership: 83.01% [Q2] → 93.86% (+10.85%) [Q3]

4% more funds holding

Funds holding: 659 [Q2] → 687 (+28) [Q3]

25% less repeat investments, than reductions

Existing positions increased: 193 | Existing positions reduced: 258

Research analyst outlook

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

• Low target: $9,245 12% upside
• Avg. target: $9,765 18% upside
• High target: $10,600 28% upside

3 analyst ratings

• positive: 1 33%
• neutral: 2 67%
• negative: 0 0%

JP Morgan Michael Rehaut 63% 1-year accuracy 10 / 16 met price target	12% upside $9,245	Neutral Maintained	13 Dec 2024
B of A Securities Rafe Jadrosich 20% 1-year accuracy 3 / 15 met price target	28% upside $10,600	Buy Maintained	23 Oct 2024
UBS John Lovallo 37% 1-year accuracy 7 / 19 met price target	14% upside $9,450	Neutral Maintained	23 Oct 2024