NVR is engaged in the construction and sale of single-family detached homes, townhomes and condominium buildings, all of which are primarily constructed on a pre-sold basis. The company's homebuilding operations include the construction and sale of single-family detached homes, townhomes and condominium buildings under three trade names: Ryan Homes, which is marketed primarily to first-time and first-time move-up buyers; and NVHomes and Heartland Homes, which are marketed primarily to move-up and luxury buyers. The company's mortgage banking operations also include separate subsidiaries that broker title insurance and perform title searches in connection with mortgage loan closings.
  • TickerNVR
  • ISINUS62944T1051
  • ExchangeNew York Stock Exchange
  • SectorHousehold Goods & Home Construction
  • CountryUnited States

NVR Inc. - March 2020 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Moody's assigns a Baa1 rating to NVR's proposed senior unsecured notes

Rating Action: Moody's assigns a Baa1 rating to NVR's proposed senior unsecured notes. Global Credit Research- 30 Apr 2020. Approximately $500 million of debt securities rated.

Dave Nicoski ...
  • Ross LaDuke

Vital Signs: Actionable charts

Key Points: Yesterday's rally was quite impressive, however we need to continue to have high yield spreads come down. An expectation of a stimulus bill is in the works and yesterday's action certainly established a primary low. We continue to believe absent a front line therapy and a continuation of a countrywide shutdown. Gold is staging a RS reversal vs the S&P 500.

NVR INCO. sees a downgrade to Neutral on account of less fundamental stars

The independent financial analyst theScreener just lowered the general evaluation of NVR INCO. (US), active in the Home Construction industry. As regards its fundamental valuation, the title now shows 0 out of 4 stars while market behaviour can be considered defensive. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Neutral. As of the analysis date March 20, 2020, the closing price was USD 2,326.89 and its target price was estimated at USD 2,210.55.

Dave Nicoski ...
  • Ross LaDuke

Vermilion Compass: Weekly Equity Strategy

Still Bullish, But With Reservations And just like that, the S&P 500, Nasdaq, and the Dow have reclaimed new highs despite ongoing coronavirus concerns, as a buy the dip strategy has paid off. Primarily responsible for new highs in these indexes is Technology (esp. software and semis/semi suppliers) and FAANG stocks. While these areas all remain bullish, we still have some reservations due to the massive disparity in performance between them and the Materials (XLB, XME) and Energy (RYE) Sectors, and also small-caps (IWM) which continue to hit new RS lows. Still, the Materials and Energy Secto...

Dave Nicoski ...
  • Ross LaDuke

Vermilion Compass: Weekly Equity Strategy

Treasury yields tell the tale As Treasury yields began moving off the lows on 9/5/19 due to a variety of factors, investors took profits from large-caps, growth, and defensives and migrated to small-caps, value, and cyclicals. This was a shift from areas of obvious leadership to areas that had been left for dead, something that, if it can continue, would greatly improve the prospects of a broad-based move higher. However, a primary concern of ours is whether this shift has staying power. As we highlight below, we believe the jury is still out, leaving our overall neutral outlook intact. • Tr...

Dave Nicoski ...
  • Ross LaDuke

Vermilion Compass: Weekly Equity Strategy

Gold at a critical juncture We remain neutral on U.S. equities as the S&P 500 continues its sideways consolidation pattern between support at 2,720-2,730 and resistance at the all-time highs of 2,954. On the bright side, most technical indicators that were deteriorating throughout the month of May are now stabilizing - however they are not actually improving. Below we go into further detail, and also highlight the potential return of the gold trade. • Gold at a critical juncture. Gold prices have been generally consolidating for six years, and have been consistently unable to break above the...

Dave Nicoski ...
  • Ross LaDuke

Insights: Bullish Stocks

Homebuilders decisively bottoming -- add exposure/overweight Homebuilders have been one of our favorite themes in the market and we officially assigned an overweight to the Group in our 2/12/19 Compass. Based on the charts we believe outperformance for homebuilders has plenty of room to run. Below we lay out what we believe is a compelling case to add exposure at current levels. • Substantial resistance for the 10-year Treasury yield. There is no doubt that falling yields have underpinned bottoming price and RS for homebuilders with more people willing to take on a mortgage at a lower rate. ...

Dave Nicoski ...
  • Ross LaDuke

Vital Signs: Actionable charts

Key Points: Yesterday's rally was quite impressive, however we need to continue to have high yield spreads come down. An expectation of a stimulus bill is in the works and yesterday's action certainly established a primary low. We continue to believe absent a front line therapy and a continuation of a countrywide shutdown. Gold is staging a RS reversal vs the S&P 500.

NVR INCO. sees a downgrade to Neutral on account of less fundamental stars

The independent financial analyst theScreener just lowered the general evaluation of NVR INCO. (US), active in the Home Construction industry. As regards its fundamental valuation, the title now shows 0 out of 4 stars while market behaviour can be considered defensive. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Neutral. As of the analysis date March 20, 2020, the closing price was USD 2,326.89 and its target price was estimated at USD 2,210.55.

Feasibility Study Results in December to be a Catalyst for this Junior

Feasibility Study Results in December to be a Catalyst for this Junior