- NVR’s Executed Profit Share (EPS) has beaten estimates. They reached $116.41 as compared to their estimate of $103.33.
- The consolidated revenue stands at $2.33 billion, a 6.9% increase compared to the previous year. The estimated revenue was $2.27 billion.
- Home building revenue is $2.29 billion, 7.3% more than the previous year. The estimated home building revenue was at par with the consolidated revenue of $2.27 billion.
- The net orders have increased by 3%.
- The cancellation rate has improved to 13% from the 14% of the previous year.
- The average number of active communities has increased by 3.4% to 427. The estimate was higher at 436.95.
- New home settlements stand at 5,089, a 9.7% increase compared to the previous year. The estimation was 4,972.
- The average price of new orders is $0.45 million, which is a 3% increase from the previous year.
- The number of new orders is 6,049, an increase of 2.7% from the previous year. The estimation was higher at 6,409.
- The backlog is at 11,189, an increase of 7.5% from the previous year. The estimation was 11,711.
- The average price of the backlog is $0.47 million.
- Three bought stocks, five hold stocks, and no one sold stocks.
A look at Nvr Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, NVR Inc appears to have a positive long-term outlook. The company scored high in Growth, Resilience, and Momentum, indicating strong potential for future expansion, ability to withstand economic challenges, and positive market sentiment. Although the Value and Dividend scores were lower, the overall high scores in other areas suggest that NVR Inc is well-positioned for growth and success in the long term.
NVR, Inc. is a company that builds and sells homes while also engaging in mortgage banking activities. Under various brand names, the company constructs single-family homes, townhomes, and condominiums. NVR offers mortgage services to its homebuilding clients and other customers through its mortgage banking division. With its strong Growth, Resilience, and Momentum scores, NVR Inc is poised for continued success in its operations and market performance.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
