NVR, Inc. (NVR) Dividend History

NVR, Inc. is a home construction and homebuilding company based in the United States. It primarily engages in the design, construction, and sale of residential homes, focusing on new single-family homes, townhomes, and condominiums. NVR operates through several regional homebuilding subsidiaries and also offers mortgage banking, title, and real estate services. The company is known for its focus on quality craftsmanship and customer satisfaction in the housing market.

11700 Plaza America Dr., Reston, VA, 20190
Phone: (703) 956-4000
Website: https://www.nvrinc.com

Dividend History

NVR, Inc. currently does not pay dividends

Company News

  • The article discusses the current state of the housing market, with a focus on earnings from Lennar, the largest home builder in America. The hosts, Matt Frankel and Jason Hall, share their top three home builder picks, including Green Brick Partners, Meritage Homes, and LGI Homes.

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  • The article recommends three New York Life Investments mutual funds for long-term investment based on their strong performance, low fees, and Zacks Mutual Fund Rank. The funds are MainStay Epoch Capital Growth Fund, MainStay Winslow Large Cap Growth Fund, and MainStay WMC Enduring Capital Fund.

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  • Lennar Corp (NYSE:LEN) is the last of the major homebuilders to report earnings for the October-December period on Wednesday and gives the market an update on the state of the homebuilding industry. Consensus estimates suggest earnings per share of $2.21, up 4.2% from the $2.12 reported in the same quarter a year ago. More importantly, Lennar consistently beat earnings expectations for more than three years and by double-digit percentages in the past four quarters. The market could be looking for something special here. The Oracle of Omaha, Warren Buffett, purchased around $20 million worth of Lennar shares in 2023, along with shares in D.R. Horton Inc (NYSE:DHI), which he subsequently sold. This was a prescient move, as D.R. Horton’s shares fell sharply in January after investors failed to be impressed by the quality of its earnings in the final quarter of 2023. Nevertheless, D.R. Horton shares remain 0.2% higher in 2024. Also Read: NYCB Shares ...Full story available on Benzinga.com

    Benzinga
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