If you had invested: $1,000.00💵
Into NVR on 2024-07-29 📅
You would have made:
$-153.85 🤑
Your Annual Rate of Return would be: -15.39% 📈
Total Increase: -15.39%📈
With that much money you could have bought:
-0.0005 Lamborghinis
Summary
NVR, Inc. (NYSE: NVR) is a leading homebuilding and mortgage banking company in the United States. The company was founded in 1980 by Dwight Schar and was originally named "Ryan Homes," after the founder's middle name. In 1985, the company changed its name to NVR, Inc. to reflect its diversified operations, which now include homebuilding, mortgage banking, and title insurance.
NVR operates in over 30 markets across the country and is one of the largest homebuilding companies in the United States. The company builds a variety of single-family homes, townhomes, and condominiums for first-time, move-up, and active adult homebuyers. NVR's homebuilding brands include Ryan Homes, NVHomes, and Heartland Homes.
In addition to its homebuilding operations, NVR also operates a mortgage banking business through its subsidiary, NVR Mortgage. This business originates, underwrites, and closes residential mortgage loans for homebuyers and homeowners. NVR Mortgage offers a range of mortgage products, including conventional, FHA, VA, and Jumbo loans.
NVR's latest market offerings include a variety of single-family homes, townhomes, and condominiums in various price ranges and in a range of styles, from traditional to contemporary. The company's homes are built in a variety of locations, including urban, suburban, and rural areas. NVR also offers a range of design options and upgrades to allow homebuyers to customize their homes to meet their specific needs and preferences.
In the latest quarterly results, NVR reported revenues of $2.9 billion, an increase of 16% compared to the same period the previous year. The company's net income for the quarter was $400.9 million, or $43.10 per diluted share, an increase of 20% compared to the same period the previous year. The results were driven by strong demand for new homes and increased sales of higher-priced homes.
Overall, NVR is a well-established homebuilding and mortgage banking company with a strong track record of financial performance. The company's latest market offerings include a range of single-family homes, townhomes, and condominiums in various price ranges and styles, and it also offers a range of mortgage products through its subsidiary, NVR Mortgage.
Background
NVR Inc, located at 11700 plaza america dr., suite 500, reston, va, us specializes in the operative builders industry. It is currently listed on the exchange NYSE in the country USA.
The company's last annual earnings report on 2022-09-30 showed that it had reached a market capitalization of 14,354,148,000 dollars.
If someone had invested $100 in NVR Inc 10 years ago, their investment would be worth roughly $389.73 today, according to If You Had Invested
If you had invested...
The price of a stock is a reflection of the company's performance, market value, profitablility and for NVR, its stock has been tanking. If you had invested $1,000 in NVR Inc 1 year ago and held onto your investment until today (in other words, if you didn't sell any shares), here's what would have happened:
Your investment would now be worth roughly $846.15 today.
Financials
If you are looking for a company with a good dividend yield then avoid NVR Inc because it does not pay a dividend.
In terms of growth NVR Inc has been on the up and up with a Quarterly earnings growth rate of 0.371. At the same time revenue growth has been to the moon with a rate of 0.163.
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