NVR (NVR)

Company Profile

NVR, Inc. operates in two business segments: homebuilding and mortgage banking. The homebuilding segment sells and builds homes under the Ryan Homes, NVHomes and Heartland Homes trade names, and operates in thirty-three metropolitan areas in fourteen states and Washington, D.C.

Company profile

Ticker

NVR

Exchange

NYSE

Website

www.nvrinc.com

CEO

Paul Saville

Incorporated

Virginia

Location

Virginia

Fiscal year end

Dec 31

Sector

Construction > New Housing For-Sale Builders

Industry (SIC)

Operative Builders

PulteGroup • Toll Brothers • KB Home • Taylor Morrison Home • Beazer Homes USA • M.D.C. • Meritage Homes • Hovnanian Enterprises • MI Homes • Dream Finders Homes ...

SEC CIK

0000906163

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

NVR Mortgage Finance, Inc. • NVR Settlement Services, Inc. • RVN, Inc. • NVR Services, Inc. • NVR Funding II, Inc. ...

IRS number

541394360

NVR stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Latest filings (excl ownership)

View all

DEFA14A

Additional proxy soliciting materials

15 Mar 23

15 Feb 23

NVR, Inc. Announces Fourth Quarter Results

4 Nov 22

NVR, Inc. Announces Third Quarter Results

Correspondence with SEC

3 Aug 22

Latest ownership filings

View all

Capital Research Global Investors

CHARLES ELLIOTT ANDREWS

6 Feb 23

Susan Williamson Ross

6 Feb 23

Financial summary

Financial statements Chart NVR financial data

Quarter (USD)	Dec 22	Sep 22	Jun 22	Mar 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	2.57 bn	2.57 bn	2.57 bn	2.57 bn	2.57 bn	2.57 bn
Cash burn (monthly)	(no burn)	5.21 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	n/a	13.93 mm	n/a	n/a	n/a	n/a
Cash remaining	n/a	2.56 bn	n/a	n/a	n/a	n/a
Runway (months of cash)	n/a	491.9	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from NVR earnings reports.

Institutional ownership, Q4 2022

NVR institutional ownership history Ownership history

82.5% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	536	494	+8.5%
Opened positions	75	44	+70.5%
Closed positions	33	55	-40.0%
Increased positions	165	168	-1.8%
Reduced positions	194	174	+11.5%

13F shares	Current	Prev Q	Change
Total value	12.26 tn	10.20 bn	+120031.5%
Total shares	2.68 mm	2.52 mm	+6.5%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Vanguard	344.32 k	$1.59 tn	-1.4%
BLK Blackrock	230.04 k	$1.06 tn	-6.1%
STT State Street	125.39 k	$578.35 bn	NEW
Capital Research Global Investors	119.73 k	$552.27 bn	+12.2%
Capital International Investors	118.80 k	$547.97 bn	+0.4%
Diamond Hill Capital Management	115.75 k	$533.90 bn	-6.8%
Wellington Management	102.66 k	$473.51 bn	+0.2%
Capital World Investors	78.49 k	$362.02 bn	+20.4%
Geode Capital Management	66.85 k	$307.95 bn	-0.3%
PFG Principal Financial Group Inc - Registered Shares	55.44 k	$255.71 bn	-32.3%

Largest transactions	Shares	Bought/sold	Change
STT State Street	125.39 k	+125.39 k	NEW
Norges Bank	30.01 k	+30.01 k	NEW
PFG Principal Financial Group Inc - Registered Shares	55.44 k	-26.46 k	-32.3%
Boston Partners	48.67 k	+25.36 k	+108.8%
BLK Blackrock	230.04 k	-14.89 k	-6.1%
Capital World Investors	78.49 k	+13.29 k	+20.4%
Capital Research Global Investors	119.73 k	+13.02 k	+12.2%
GS Goldman Sachs	19.66 k	+11.24 k	+133.5%
BK Bank Of New York Mellon	22.03 k	-9.39 k	-29.9%
Citadel Advisors	32.28 k	+9.38 k	+41.0%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

NVR insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
9 Mar 23	Bailey Sallie B	Stock option Common stock	Grant	Acquire A	No	No	4037.77	410	1.66 mm	820
28 Feb 23	Malzahn Daniel David	NVR, Inc. common stock	Sell	Dispose S	No	No	5213.22	100	521.32 k	6,976
28 Feb 23	Malzahn Daniel David	NVR, Inc. common stock	Option exercise	Acquire M	No	No	1094.22	100	109.42 k	7,076
28 Feb 23	Malzahn Daniel David	Employee stock option Common stock	Option exercise	Dispose M	No	No	1094.22	100	109.42 k	23,201
27 Feb 23	Malzahn Daniel David	NVR, Inc. common stock	Sell	Dispose S	No	No	5166.93	2,000	10.33 mm	6,976
27 Feb 23	Malzahn Daniel David	NVR, Inc. common stock	Option exercise	Acquire M	No	No	1094.22	2,000	2.19 mm	8,976
27 Feb 23	Malzahn Daniel David	Employee stock option Common stock	Option exercise	Dispose M	No	No	1094.22	2,000	2.19 mm	23,301
27 Feb 23	Eugene James Bredow	NVR, Inc. common stock	Sell	Dispose S	No	No	5155	1,300	6.70 mm	1,851
27 Feb 23	Eugene James Bredow	NVR, Inc. common stock	Option exercise	Acquire M	No	No	1094.22	1,700	1.86 mm	3,151
27 Feb 23	Eugene James Bredow	Employee stock option Common stock	Option exercise	Dispose M	No	No	1094.22	1,700	1.86 mm	8,000

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

News

From Benzinga Pro

How Are Lennar And NVR Gaining Market Share Even As Homebuilder Demand Plummets?

6 Mar 23

Despite a sharp decline in homebuilder demand, Lennar Corp (NYSE: LEN) and NVR, Inc. (NYSE: NVR) have been able to gain market share in the housing market.

What's More Expensive: Buying A House, Or Building One?

22 Feb 23

The housing market has been top-of-mind for new and would-be homeowners for months, as the Federal Reserve’s aggressive rate hike campaign has kept mortgage rates at highs last seen since 2007. And it’s not just expensive borrowing costs keeping people in their apartments.

Keybanc Maintains Overweight on NVR, Raises Price Target to $6000

6 Feb 23

Keybanc analyst Kenneth Zener maintains NVR (NYSE:NVR) with a Overweight and raises the price target from $5120 to $6000.

Why NVR Shares Are Trading Higher Today?

31 Jan 23

NVR Q4 EPS $133.44 Beats $98.88 Estimate, Sales $2.71B Beat $2.44B Estimate

31 Jan 23