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NVR, Inc. - $NVR STOCK NEWS

Welcome to our dedicated page for NVR news (Ticker: $NVR), a resource for investors and traders seeking the latest updates and insights on NVR stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect NVR's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of NVR's position in the market.

Rhea-AI Summary

NVR, Inc. announced a $750 million share repurchase authorization without expiration date. The repurchase program aims to maximize shareholder value and prohibits purchasing from specific entities. NVR has 3,133,092 shares outstanding as of May 6, 2024.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.7%
Tags
buyback
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Rhea-AI Summary
La Cité Development partners with NVR Ryan Homes to bring 180 single-family homes to Baltimore's Poppleton neighborhood as part of a $60M mixed-income development project, aiming to address the city's housing needs and attract new residents. The project is set to break ground in late 2024, offering townhomes and condos ranging from $300,000 to $500,000.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.94%
Tags
none
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Rhea-AI Summary
NVR, Inc. reported strong first-quarter results with net income of $394.3 million, a 14% increase from the previous year. Consolidated revenues reached $2.33 billion, a 7% increase. Homebuilding segment saw growth in new orders, settlements, and backlog. Mortgage closed loan production increased by 11%. Effective tax rate decreased to 16.2%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.36%
Tags
Rhea-AI Summary
NVR, Inc. (NYSE: NVR) announces a $750 million stock repurchase authorization without an expiration date. The purchases will be made in the open market or through negotiated transactions. This move aligns with NVR's strategy to enhance shareholder value and is part of a long-standing repurchase program since 1994.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.08%
Tags
buyback
-
Rhea-AI Summary
NVR, Inc. reported a decrease in net income and diluted earnings per share for the fourth quarter and the year ended December 31, 2023, compared to the same periods in 2022. Consolidated revenues also decreased by 10% for the fourth quarter and the year. The homebuilding segment saw an increase in new orders but a decrease in settlements and revenues. The mortgage banking segment experienced a decrease in mortgage closed loan production for the year but an increase in income before tax. The effective tax rate decreased for both the three and twelve months ended December 31, 2023, compared to the same periods in 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.2%
Tags
none
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Rhea-AI Summary
NVR, Inc. (NYSE: NVR) announced that Dwight C. Schar was awarded the Lifetime Achievement Award by the Washington Business Journal for his impact on the Washington DC area economy. Under Mr. Schar's leadership, NVR has built over 100,000 homes in the area since 1980, creating countless jobs. Additionally, his philanthropy has led to the establishment of the Inova Schar Cancer Institute, the Inova Schar Heart and Vascular Institute, and the George Mason University Schar School of Policy and Government.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.41%
Tags
none
Rhea-AI Summary
NVR, Inc. (NYSE: NVR) authorizes $750 million stock repurchase program without expiration date, continuing since 1994, to maximize shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.41%
Tags
buyback
-
Rhea-AI Summary
NVR, Inc. reports a 5% increase in net income for Q3 2023, but consolidated revenues decreased by 7%. Homebuilding segment sees an increase in new orders and gross profit margin, while settlements and backlog decrease. Mortgage banking segment shows a decrease in closed loan production but an increase in income before tax. Effective tax rate decreases due to higher income tax benefit.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.18%
Tags
-
Rhea-AI Summary
NVR, Inc. (NYSE: NVR) has announced a $500 million stock repurchase program. The purchases will be made in the open market or through negotiated transactions. This authorization continues the company's stock repurchase program that started in 1994 and aims to maximize shareholder value. The program excludes purchases from the company's officers, directors, Profit Sharing/401(k) Plan Trust, or Employee Stock Ownership Plan Trust. As of July 31, 2023, NVR had 3,264,331 total shares of common stock outstanding.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.32%
Tags
buyback
Rhea-AI Summary
NVR, Inc. (NYSE: NVR) announced a 7% decrease in net income for the second quarter of 2023 compared to 2022, along with a 12% decrease in consolidated revenues. New home orders increased by 27% but with a 5% decrease in average sales price. Mortgage closed loan production also decreased by 16%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.09%
Tags
NVR, Inc.

NYSE:NVR

NVR Rankings

NVR Stock Data

23.98B
3.14M
4.68%
84.77%
1.34%
New Housing For-Sale Builders
Construction
Link
United States of America
RESTON

About NVR

nvr, inc. is a top 5 us homebuilder and an industry leading company. with more than 65 years of experience building quality homes and successful careers, and our standing as the most profitable publicly traded homebuilding company in the us, nvr has developed our reputation for stability & responsibility. as a market leading homebuilder, nvr operates throughout 27 metropolitan areas in 15 states under the brand names of ryan homes, nvhomes, foxridge homes, and newly acquired heartland homes. we are the dominant homebuilder in each of our markets and have constructed more than 365,000 homes while maintaining a commitment to quality product & customer care. nvr mortgage’s primary focus is to serve the needs of nvr homebuyers while nvr settlement services provides a complete range of settlement and title services to support nvr’s homebuilding operations. at the corporate level, nvr provides various support functions and an intertwined network of resources utilized by each of its co