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Published: 2024-10-22 09:01:23 ET NVR RESTON, Va., Oct. 22, 2024 /PRNewswire/ -- NVR, Inc. (NYSE: NVR), one of the nation's largest homebuilding and mortgage banking companies, announced net income for Inc. (NYSE: NVR), one of the nation's largest homebuilding and mortgage banking companies third quarter ended September 30, 2024 of $429.3 million, or $130.50 per diluted share.
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Country
US
Industry
Industrials
Market Cap
Large Cap
Num. Employees
6300
IPO Date
Jun 25, 1987
Country
US
Industry
Industrials
NVR, Inc. engages in the construction and sale of single-family detached homes, townhomes, and condominium buildings. The company is headquartered in Reston, Virginia and currently employs 6,300 full-time employees. The firm operates through two segments: homebuilding and mortgage banking. The homebuilding operations primarily construct and sell single-family detached homes, townhomes and condominium buildings under three trade names: Ryan Homes, NVHomes and Heartland Homes, and operates in 36 metropolitan areas in 15 states and Washington, District of Columbia (D.C.). Its mortgage banking operations primarily operate in the homebuilding operations market. Its mortgage banking business consists of origination fees, gains on sales of loans, and title fees. The homebuilding segments are comprised of operating divisions, such as Mid Atlantic, North East, Mid East and South East. Its Mid Atlantic divisions operates in Maryland, Virginia, West Virginia, Delaware and Washington, District of Columbia (D.C.). Its North East division operates in New Jersey and Eastern Pennsylvania.
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Bullish
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