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Zacks rates Meritage Homes, NVR and Landsea Homes as strong buy, highlights these homebuilders' focus on entry-level segment where demand is particularly strong; Meritage expects to keep expanding gross margins, while entry-level is driving NVR's orders

NVR authorizes repurchase of US$500M of its outstanding common stock; company had 3,288,055 total shares of common stock outstanding as of May 3

NVR reports Q1 income up 71% year-over-year to US$426.1M on consolidated revenues 17% higher to US$2.38B; new orders decreased 6% to 5,927 units, average sales price up 13% to US$465,700

BofA: Following Amazon's announced 20-for-one stock split, S&P 500 companies with highest share prices among most likely to announce next split, including NVR at nearly US$4,800/share, AutoZone at nearly US$1,900/share, Chipotle at above US$1,400/share

NVR authorizes repurchase of US$500M of its outstanding common stock; company had 3,378,726 total shares of common stock outstanding as of Feb. 15

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