NVR News and Press, NVR Inc. From 05/04/22

NVR, INC. ANNOUNCES SHARE REPURCHASE AUTHORIZATION PR Newswire RESTON, Va. , May 4, 2022 /PRNewswire/ -- NVR, Inc. (NYSE: NVR) announced today that its Board of Directors has authorized the repurchase of $500 million of its outstanding common stoc...

30-year fixed-rate mortgage averaged 5.10% with an average 0.8 point for the week ending Apr. 28, 2022, down marginally from last week when it averaged 5.11%; higher than 2.98% a year ago, according to the Freddie Mac Primary Mortgage Survey. "The combination of swift home price gro...

At Smead Capital Management, we are stock market investors. We advise investors that fear stock market failure through a low-turnover, differentiated value discipline seeking wonderful companies to build wealth. The combination of the Federal Reserve Board’s liquidity and the p...

The National Association of Home Builders on Wednesday has urged President Biden to help reduce material and labor costs as housing affordability falls to its lowest in more than years, according to a letter.  "The housing market is reaching an inflection point that threatens to derail t...

NVR press release (NYSE:NVR): Q1 GAAP EPS of $116.56 beats by $20.29. Revenue of $2.38B (+16.7% Y/Y) beats by $60M. New orders in the first quarter of 2022 decreased by 6% to 5,927 units, when compared to 6,314 units in the first quarter of 2021. The average sales price of new orders in the f...

NVR, INC. ANNOUNCES FIRST QUARTER RESULTS PR Newswire RESTON, Va. , April 26, 2022 /PRNewswire/ -- NVR, Inc. (NYSE: NVR), one of the nation's largest homebuilding and mortgage banking companies, announced net income for its first quarter ended March&...

NVR (NYSE:NVR) is scheduled to announce Q1 earnings results on Tuesday, April 26th, before market open. The consensus EPS Estimate is $96.94 (+53.4% Y/Y) and the consensus Revenue Estimate is $2.32B (+13.7% Y/Y). Over the last 1 year, NVR has beaten EPS estimates 25% of the time and has beate...

30-year fixed-rate mortgage averaged 5.11% with an average 0.8 point for the week ending Apr. 21, 2022, up from last week when it averaged 5.00%; higher than 2.97% a year ago, according to the Freddie Mac Primary Mortgage Survey. "While springtime is typically the busiest homebuying...

In a high inflation environment, companies have to worry not only about higher costs. They also have to contend with the economic impact of the measures taken to control it. The homebuilding sector has the business economics to overcome the high inflation effects. But this requires yo...

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