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NVR

7,416.66 USD
40.5702
0.55%
Last update Jul 17, 11:14 AM EDT
Main market
Day range
7,383
7,447.75
Previous close
7,376.089844
Open
7,428.5
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NVR Inc.
7,416.66
40.57
0.55%

Overview

Description

NVR Inc., a prominent homebuilder and mortgage services company, primarily focuses on the construction and sale of single-family detached homes, townhomes, and condominiums. Serving a wide range of customers, from first-time buyers to luxury home seekers, NVR's operations extend across several key U.S. markets. The company distinguishes itself by employing a unique business model that limits land risks, opting instead to purchase finished lots from third-party developers. This strategy allows NVR to maintain high flexibility and scalability in varying market conditions. Additionally, NVR offers integrated mortgage banking operations through its subsidiary, NVR Mortgage, providing convenient financing solutions for homebuyers and enhancing its competitive edge. Headquartered in Reston, Virginia, NVR Inc. plays a vital role in the U.S. residential construction sector, contributing to urban development and housing affordability. Its prudent financial management and strategic inventory practices support its long-term stability and influence within the highly cyclical homebuilding industry, catering to both consumer demand and market dynamics.

About

CEO
Mr. Eugene James Bredow
Employees
7000
Address
Plaza America Tower I
Suite 500 11700 Plaza America Drive
Reston, 20190, VA
United States
Phone
703 956 4000
Website
Instrument type
Common stock
Sector
Consumer Cyclical
Industry
Residential Construction
Country
United States
MIC code
XNYS
Main market

Exchange is currently active.
Closing in 4 hours 44 minutes

11:15
00:00
09:30
16:00
23:59

Trading Hours (Monday - Friday):

Pre-market
04:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 20:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).