NVR, Inc. (NVR)
NVR, Inc. operates in the Residential Construction industry of the Consumer Cyclical sector, headquartered in Reston, VA, US. The stock last traded at $6311.46, down 1.84% on the session, giving a market capitalisation of $17.04B. On trailing twelve-month figures it carries a trailing P/E of 15.53, a net margin of 12.1%. Its beta of 0.91 implies it has historically moved less than the broad market.
NVR, Inc. functions as a prominent home construction company within the United States, organized into two primary divisions: homebuilding and mortgage banking. Within its homebuilding segment, the company develops and sells various residential units, including detached houses, townhouses, and condominium complexes, marketed under the brand names Ryan Homes, NVHomes, and Heartland Homes. Ryan Homes typically targets individuals purchasing their first home or those in their initial property upgrade, while NVHomes and Heartland Homes cater to a more affluent clientele of move-up and luxury buyers. Additionally, NVR offers a range of financial services to its homebuilding customers through its mortgage banking arm, which includes brokering title insurance, performing title searches for loan settlements, and transferring mortgage loans to investors in the secondary markets without retaining servicing rights. The company's operational footprint spans numerous states and the District of Columbia, encompassing Maryland, Virginia, West Virginia, Delaware, New Jersey, Eastern Pennsylvania, New York, Ohio, Western Pennsylvania, Indiana, Illinois, North Carolina, South Carolina, Florida, and Tennessee. Established in 1980, NVR, Inc. maintains its corporate headquarters in Reston, Virginia.
NVR, Inc. is most often compared with the following Consumer Cyclical names: