The homebuilder crushed Wall Street's expectations.
News & Analysis: NVR
Even though there were concerns about the housing market this past quarter, NVR's results were remarkably resilient.
Declining new orders and a shrinking community count suggests that NVR doesn't think there's a lot of growth in the housing market right now.
One is the undisputed leader in its industry. Another has been paying a dividend consistently for over a century.
Even if NVR sees a decline in sales and margins over the next few quarters, the recent price drop and its current valuation still make this stock look attractive.
It's not that often that a stock drops after reporting better than expected earnings for the quarter.
NVR's management has been reporting impressive earnings lately, but its compensation looks a little out of hand.
From an operations standpoint, the homebuilder's results looked great. However, its growing share count could be an investor caution sign.
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New orders keep coming in the door as NVR maintains its robust growth.