J.P. Morgan Maintains Hold Rating on NVR with $7,734.50 Average Price Target

J.P. Morgan analyst Michael Rehaut maintained a Hold rating on NVR, citing a revenue of $2.35 billion and a net profit of $299.58 million for the quarter ending March 31. The company's shares closed at $7,689.72. Rehaut has a 4-star rating with an average return of 6.1% and a 56.09% success rate. The word on the street suggests a Hold analyst consensus rating for NVR with a $7,734.50 average price target.

NVR, Inc. (NYSE:NVR), a leading homebuilder in the United States, reported mixed quarterly earnings on Tuesday, April 22, 2025. The company reported earnings per share (EPS) of $94.83, missing analysts' consensus estimates of $107.87 by ($13.04) [1]. Despite the miss, NVR's net margin remained strong at 15.33% and return on equity stood at 38.32%.

Analysts have maintained a Hold rating on NVR, with a consensus price target of $9,023.33. J.P. Morgan analyst Michael Rehaut, who has a 4-star rating with an average return of 6.1% and a 56.09% success rate, maintained his Hold rating on the stock. Rehaut cited NVR's revenue of $2.35 billion and net profit of $299.58 million for the quarter ending March 31, 2025. The company's shares closed at $7,689.72 on April 22, 2025 [1].

Institutional investors and hedge funds have been active in trading NVR's shares. Lodestone Wealth Management LLC reduced its holdings in NVR by 14.6% in the first quarter, while Banque Pictet & Cie SA increased its stake by 9.4% [2]. Sequoia Financial Advisors LLC, Signaturefd LLC, Quadrant Capital Group LLC, Fifth Third Wealth Advisors LLC, and Peak Financial Advisors LLC also adjusted their positions in NVR during the fourth quarter [1, 2].

NVR's stock has been the subject of recent analyst reports. Wall Street Zen downgraded NVR from a "hold" rating to a "sell" rating, while UBS Group decreased their target price from $8,900.00 to $7,900.00 and set a "neutral" rating [1]. Despite the mixed sentiment, NVR's shares have shown resilience, trading down 1.9% during mid-day trading on Friday, July 3, 2025, and hitting $7,623.24 [1].

NVR's board of directors authorized a share repurchase plan on Tuesday, May 6, 2025, permitting the company to repurchase $750.00 million in outstanding shares. This move suggests that the company's board believes its shares are undervalued [1].

References:
[1] https://www.marketbeat.com/instant-alerts/filing-lodestone-wealth-management-llc-lowers-stock-position-in-nvr-inc-nysenvr-2025-07-03/
[2] https://www.marketbeat.com/instant-alerts/filing-banque-pictet-cie-sa-buys-136-shares-of-nvr-inc-nysenvr-2025-07-09/