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NVR News and Press, NVR Inc. From 08/19/21

Stock Information

Company Name: NVR Inc.
Stock Symbol: NVR
Market: NYSE
Website: nvrinc.com

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NVR - Beazer Homes gets Buy rating at Janney as it shifts to a growth story

Janney analyst Tyler Batory initiates coverage of Beazer Homes USA (NYSE:BZH) with a Buy rating for the homebuilder as substantial changes to its balance sheet gives the homebuilder more flexibility to expand its land ownership. Still, Beazer stock drops 1.8%, as home construction s...

NVR - Nvr (NVR) Trading Report

Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes tradi...

NVR - Mortgage rates reverses trend on strong jobs data, first gain after consecutive three weeks drop

Post a strong jobs report last week which indicated broad based gains in employment and wage growth, mortgage rates have moved higher. 30-year fixed-rate mortgage averaged 2.87% for the week ending Aug 12, up from 2.77% recorded in prior week and down from 2.96% avera...

NVR - Mortgage rates follow Treasury yields suit amid rising Delta variant fears

With global market uncertainty surrounding the Delta variant of COVID-19, we saw 10-year Treasury yields drift lower and consequently mortgage rates followed suit," Chief economist Sam Khater commented. 30-year fixed-rate mortgage averaged 2.77% for the week ending Aug 5, down ...

NVR - NVR Board authorizes repurchase of $500mn of outstanding common stock

Homebuilder NVR (NYSE:NVR) has received authorization from its Board of Directors to repurchase $500 million of its outstanding common stock. NVR had 3,565,555 total shares of common stock outstanding as of August 3, 2021. The latest authorization is a continuation of the stock repurchase pro...

NVR - What's next for the housing market as foreclosure moratorium expires?

A tsunami of deferred debt is about to hit homeowners after a national foreclosure moratorium expired on Saturday. According to the Washington Post, 1.8M homeowners are delinquent on their mortgage as the safety net was removed, with around a fifth of them not able to extend their forbearance...

NVR - Mandates, Inflation, And Earnings

U.S. equity markets were mixed this week as disappointing "big tech" earnings and concerns over controversial COVID vaccine and mask mandates were offset by historically strong earnings results from domestic-focused companies. Retreating from the record-highs set last week, ...

NVR - 3 Residential Construction Stocks to Avoid as Sales of New Homes Drop

Housing has been one of the strongest parts of the economy but its momentum is beginning to slow as homebuilders grapple with rising prices and slowing demand. Below, we provide a look at three residential construction stocks investors should avoid as the housing market begins to cool. Those ...

NVR - Lennar: A Transformational Opportunity Play

LEN surpassed DHI in 2018 following its acquisition of the 4th largest homebuilder CalAtlantic. However, the company has not reached its potential yet. LEN has not yet fully utilized the lighter land strategy, currently controlling only 50% of lands through option contracts signaling ...

NVR - No Place Like Home

U.S. equity markets rebounded from an early-week dive as investors shrugged-off COVID concerns following a historically strong start to corporate earnings season and better-than-expected housing market data. "American Exceptionalism" was the theme as COVID concerns across internationa...

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