With a market cap of around $17 billion, NVR, Inc. (NVR) operates through two segments: homebuilding and mortgage banking. Its homebuilding business builds and sells homes under the Ryan Homes, NVHomes and Heartland Homes brands across 37 metropolitan areas in 16 states and Washington, D.C.
Shares of the homebuilder have underperformed the broader market over the past 52 weeks. NVR stock has decreased 20.8% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 19.3%. Moreover, shares of the company are down 12.7% on a YTD basis, compared to SPX’s 12.9% gain.