NVR Stock: Analyst Estimates & Ratings

With a market cap of around $17 billion, NVR, Inc. (NVR) operates through two segments: homebuilding and mortgage banking. Its homebuilding business builds and sells homes under the Ryan Homes, NVHomes and Heartland Homes brands across 37 metropolitan areas in 16 states and Washington, D.C.

Shares of the homebuilder have underperformed the broader market over the past 52 weeks. NVR stock has decreased 20.8% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 19.3%. Moreover, shares of the company are down 12.7% on a YTD basis, compared to SPX’s 12.9% gain.

Focusing more closely, shares of the Reston, Virginia-based company has lagged behind the State Street Consumer Discretionary Select Sector SPDR ETF’s (XLY) marginal decline over the past 52 weeks

NVR shares fell 3.1% on Jul. 23 due to weaker-than-expected Q2 2026 EPS of $83.96 and Homebuilding revenue of $2.28 billion fell 10.5% year-over-year. Results were pressured by 8% fewer settlements, a 3% decline in average settlement price to $450,700, and Homebuilding gross margin compression to 19.2%, reflecting higher lot costs, affordability challenges and $21.7 million of land-deposit impairments. Although net new orders rose 9% to 5,885 units and backlog increased 9% to 10,998 units, the 5% decline in new-order ASP to $437,100 and weaker mortgage activity reinforced concerns.

For the fiscal year ending in December 2026, analysts expect NVR’s EPS to drop 15.9% year-over-year to $367.13. The company's earnings surprise history is mixed. It beat the consensus estimates in two of the last four quarters while missing on two other occasions.

Among the eight analysts covering the stock, the consensus rating is a “Moderate Buy.” That’s based on three “Strong Buy” ratings, four “Holds,” and one “Strong Sell.”

This configuration is slightly more bullish than three months ago, with two “Strong Buy” ratings on the stock.

On Jul. 25, Truist Financial analyst Jonathan Bettenhausen maintained a “Hold” rating on NVR and set a $6,400 price target.

The mean price target of $6,912.71 represents an 8.6% premium to NVR’s current price levels. The Street-high price target of $7,675 suggests a 20.6% potential upside.