NVR, IncNYSE: NVR
Consumer Discretionary · Homebuilding
$6,172.15
-2.28%
Vol: 14K
Research Digest
Friday, May 1, 2026
NVR Q1 profit drops 34%, settlement falls 22% amid rising costs and weak demand
NVR reported Q1 2026 net income of $198.4M down 34% YoY and diluted EPS of $67.76 down 29% versus prior year $94.83. Consolidated revenues fell 22% to $1.88B from $2.40B on rising costs and economic uncertainties. New orders rose 7% to 5,738 units but settlements fell 22% YoY to 4,015 units due to smaller backlog. Stock fell 6% on announcement and hit 52-week low of $6,300. Multiple analyst downgrades: BofA lowered PT to $7,600 from $8,225, Truist to $7,100 from $7,700, Seaport Research downgraded to Sell. Stock down 27% from 52-week high of $8,618. BTIG survey shows weakened homebuilder demand reflecting Iran conflict and rising mortgage rates.
Previous Market Intelligence
13 daysApr 30NVR reports Q1 2026 profit drop of 34% as net income falls to $198.4M on weak demand despite new order growthNegative▶
NVR Inc. announced Q1 2026 results (April 22): net income fell 34% to $198.4M ($67.76 EPS down 29%) as consolidated revenue dropped 22% to $1.88B from $2.40B prior year. Settlements fell 22% YoY to 4,015 units due to rising costs and economic uncertainties, though new orders increased 7% to 5,738 units. Stock fell 6% on announcement and hit 52-week low of $6,300. BofA lowered price target to $7,600 from $8,225 (April 23), and BTIG cut to $8,096 from $9,022. The homebuilder faces demand headwinds from Iran tensions and rising mortgage rates.
Apr 16NVR approves $750M share repurchase; earnings report April 22 with declining backlogs weighing on outlook.Mixed▶
NVR Inc Board of Directors approved a $750 million share repurchase program on February 11, 2026. The homebuilder reported 2025 revenue of $10.44 billion, down 2.33% from prior year of $10.69 billion, with earnings declining 20.34%. NVR operates through Homebuilding and Mortgage Banking segments with brands including Ryan Homes, NVHomes, and Heartland Homes. Insider CAO Matthew B. Kelpy sold 500 shares at $8,100 average price in February transaction. Stock trading at $6,767.21 USD has declined 1.12% in past 24 hours, down 6.53% over the past year, with analyst price targets ranging from $5,664 to $9,022. Q1 2026 earnings report scheduled for April 22, 2026.
Apr 15NVR faces analyst downgrades ahead of Q1 2026 earnings release April 22; Seaport Global downgraded to Sell.Negative▶
NVR faces cautious analyst sentiment ahead of Q1 2026 earnings on April 22. Seaport Global shifted rating to Sell citing risks to net income, margins, and cash flows. Analysts project a 13.9% decline in EPS. The stock closed at $6,765.35. Declining backlogs and rising cancellation rates weigh on sentiment. NVR authorized $750M in share repurchases.
Apr 14NVR earnings due April 22; Seaport Global downgrade to Sell amid margin pressure; EPS expected down 13.9%.Negative▶
NVR faces challenging earnings with Seaport Global downgrading to Sell. Analysts project 13.9% EPS decline due to margin pressure. Board authorized $750M share repurchase. Stock up 6.6% YTD but at 14.1x P/E above industry averages. BTIG maintains Buy with $9,022 target.
Apr 13NVR facing cautious analyst sentiment ahead of Q1 2026 earnings with concerns about margin pressure and cash flow deterioration.Negative▶
NVR faces margin and cash flow concerns ahead of Q1 2026 earnings around April 21-28 with EPS estimate of $79.82. Seaport Global downgraded to Sell. Company announced $750M share repurchase. Revenue, profitability, and backlog declining while cancellation rates rising. UBS lowered PT to $8,100.
Apr 10NVR Faces Analyst Downgrade; Q1 Earnings Expected April 28Negative▶
Seaport Global shifted to Sell. Q1 EPS estimate $81.66, down from $94.83 prior year. Consensus remains Moderate Buy.
Apr 9NVR homebuilder faces margin pressure; Q1 2026 EPS guidance $81.66 vs $94.83 YoYNegative▶
NVR Inc (homebuilder) stock at $6,450.76 USD, down 13.78% in past month and -11.95% YTD. Seaport Global shifted to Sell rating; multiple analysts raised risks ahead of Q1 2026 earnings (April 28). FY2025 revenue $10.44B (-2.33% YoY); earnings down -20.34%. Q1 2026 EPS guidance $81.66 vs $94.83 prior year. Chief Accounting Officer sold $4.05M in shares (Feb 10). Concerns on cash flow weakness and margin pressure linger. Consensus "Hold"; BofA raised target to $9,200 from $9,000 (Buy).
Apr 8Brokerages set NVR price target at $8,182.83 amid mixed sentimentNeutral▶
NVR faces challenging market with declining backlog and profitability concerns. Q4 showed insider selling activity, with Director Williamson Ross divesting shares. Stock down 1.22% in past 24 hours and down 13.78% monthly. Earnings expected April 28.
Apr 7NVR Faces Declining Backlogs and Profitability Despite Q4 Earnings BeatNeutral▶
NVR reported Q4 2025 EPS of $112.33, beating $109.36 estimate. However, 2025 revenue of $10.44B declined 2.33% YoY with earnings down 20.34%. Company is facing challenges with declining backlogs, rising cancellation rates, and profitability concerns. Analysts downgraded to Hold due to valuation concerns and expected sector headwinds. 4 analysts average $8,112.50 target (+21.75% upside). Earnings release expected April 28, 2026.
Apr 6NVR faces housing market headwinds with declining backlog, rising cancellations, negative EPS trendNegative▶
NVR Inc reported Q4 2025 EPS of $112.33, beating consensus of $109.355, but full-year 2025 revenue declined 2.33% to $10.44 billion with earnings down 20.34% year-over-year. The company faces significant macro headwinds with declining community count, order book, and rising cancellations indicating weak forward sales momentum. Market cap stands at $20.96B with concerning profitability trends. Four analysts maintain a Buy rating with a 12-month price target of $8,112.50, representing 21.75% upside, though analysts note concerns about future EPS declines. NVR is scheduled to report next earnings on April 28, 2026.
Apr 3NVR faces declining backlogs and profitability pressures with 2025 revenue down 2.33% and EPS down 20.34%.Negative▶
NVR faces significant challenges with declining backlogs despite earnings beats. 2025 revenue was $10.44 billion, down 2.33% YoY, while earnings decreased 20.34%. Stock at $6,450.76, down 13.78% over past month. Analysts maintain Moderate Buy with target of $8,112.50 (25.14% upside). Next earnings April 28.
Apr 2NVR homebuilder stock declines 1.22% amid backlog headwinds despite recent analyst coverageNegative▶
NVR Inc, a major U.S. homebuilder with Ryan Homes and NVHomes brands, declined 1.22% on April 2, 2026, trading at $6,450.76 after falling 13.78% over the past month. The company faces headwinds from declining backlogs and profitability concerns despite recent earnings beats. Analyst activity includes BTIG maintaining a Buy rating in March 2026 and Truist initiating coverage with a Hold rating in early March. UBS lowered the price target to $8,100 from $8,350 in mid-February 2026. Next earnings report scheduled for April 28, 2026.
Apr 1No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| DHIDR | $150.23 | -2.36% | +8.6% | 12.8x | 1.45 | $43.6B |
| PHMPULTEGROUP | $119.53 | -2.32% | +2.1% | 10.9x | 1.34 | $23.3B |
| LENLENNAR | $88.68 | -1.79% | +1.9% | 11.9x | 1.49 | $22.2B |
| NVRNVR | $6,172.15 | -2.28% | -6.0% | 15.0x | 1.07 | $17.3B |
| AMZNAMAZON.COM | $268.12 | +1.15% | +24.6% | 27.1x | 1.38 | $2.85T |
| TSLATESLA | $390.70 | +2.38% | +8.2% | 150.5x | 1.92 | $1.43T |
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price below 200d MA — bearish structure.