NVR is engaged in the construction and sale of single-family detached homes, townhomes and condominium buildings, all of which are constructed on a pre-sold basis. Co. conducts its homebuilding activities directly. Co.'s homebuilding operations construct and sell single-family detached homes, townhomes and condominium buildings under three trade names: Ryan Homes, which is marketed primarily to first-time and first-time move-up buyers; and NVHomes and Heartland Homes, which are marketed primarily to move-up and luxury buyers. Co.'s mortgage banking operations also include separate subsidiaries that broker title insurance and perform title searches in connection with mortgage loan closings. We show 56 historical shares outstanding datapoints in our NVR shares outstanding history coverage, used to compute NVR market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing NVR market cap history over the course of time is important for investors
interested in comparing NVR's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of NVR versus a peer is one thing; comparing
NVR market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like NVR can fluctuate over the course of history.
With this page we aim to empower investors researching NVR by allowing them to research the NVR market cap history. |
Free NVR Email Alerts:
Video: The Importance of Market Cap
