Equities Analysts Issue Forecasts for HOV FY2025 Earnings

Key Points

• Wedbush has significantly **lowered its FY2025 earnings per share** estimates for Hovnanian Enterprises from $12.04 to **$8.66**, maintaining a "Neutral" rating with a **$120.00 target price**.
• Hovnanian reported **$1.99 earnings per share** for the latest quarter, falling short of the consensus estimate by **$1.52** and experiencing **10.8% year-over-year revenue growth** despite declining EPS from the previous year.
• Shares of Hovnanian have been downgraded by Wall Street Zen from a "hold" to a "**sell**" rating, contributing to a **consensus rating of "Reduce"** across analysts monitoring the stock.

Hovnanian Enterprises Inc (NYSE:HOV - Free Report) - Equities research analysts at Wedbush lowered their FY2025 earnings per share estimates for Hovnanian Enterprises in a research note issued to investors on Wednesday, August 27th. Wedbush analyst J. Mccanless now anticipates that the construction company will earn $8.66 per share for the year, down from their prior forecast of $12.04. Wedbush currently has a "Neutral" rating and a $120.00 target price on the stock. Wedbush also issued estimates for Hovnanian Enterprises' Q4 2025 earnings at $0.63 EPS, FY2026 earnings at $0.17 EPS and FY2027 earnings at $4.21 EPS.

Hovnanian Enterprises (NYSE:HOV - Get Free Report) last posted its quarterly earnings results on Thursday, August 21st. The construction company reported $1.99 earnings per share for the quarter, missing the consensus estimate of $3.51 by ($1.52). Hovnanian Enterprises had a net margin of 5.06% and a return on equity of 23.52%. The business had revenue of $800.58 million for the quarter, compared to analyst estimates of $806.20 million. During the same period in the previous year, the firm posted $9.75 earnings per share. The firm's quarterly revenue was up 10.8% on a year-over-year basis. Hovnanian Enterprises has set its Q4 2025 guidance at EPS.

Separately, Wall Street Zen downgraded shares of Hovnanian Enterprises from a "hold" rating to a "sell" rating in a research report on Saturday. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, Hovnanian Enterprises has a consensus rating of "Reduce" and a consensus price target of $120.00.

Hovnanian Enterprises Price Performance

Shares of HOV opened at $140.24 on Monday. The business's 50-day moving average is $125.39 and its 200-day moving average is $109.91. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.58 and a quick ratio of 0.28. The company has a market capitalization of $830.19 million, a price-to-earnings ratio of 6.75 and a beta of 2.12. Hovnanian Enterprises has a fifty-two week low of $81.15 and a fifty-two week high of $233.15.

Hedge Funds Weigh In On Hovnanian Enterprises

Institutional investors and hedge funds have recently bought and sold shares of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Hovnanian Enterprises by 4.3% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,823 shares of the construction company's stock valued at $378,000 after acquiring an additional 117 shares during the last quarter. California State Teachers Retirement System raised its stake in shares of Hovnanian Enterprises by 4.0% in the fourth quarter. California State Teachers Retirement System now owns 4,724 shares of the construction company's stock worth $632,000 after acquiring an additional 182 shares during the last quarter. Exchange Traded Concepts LLC lifted its position in shares of Hovnanian Enterprises by 10.1% during the first quarter. Exchange Traded Concepts LLC now owns 2,350 shares of the construction company's stock worth $246,000 after purchasing an additional 215 shares in the last quarter. Harbor Capital Advisors Inc. lifted its position in shares of Hovnanian Enterprises by 23.7% during the second quarter. Harbor Capital Advisors Inc. now owns 1,259 shares of the construction company's stock worth $132,000 after purchasing an additional 241 shares in the last quarter. Finally, MetLife Investment Management LLC grew its stake in shares of Hovnanian Enterprises by 10.0% during the fourth quarter. MetLife Investment Management LLC now owns 2,996 shares of the construction company's stock valued at $401,000 after purchasing an additional 272 shares during the last quarter. Institutional investors own 65.40% of the company's stock.

Insiders Place Their Bets

In other news, CEO Ara K. Hovnanian sold 609 shares of Hovnanian Enterprises stock in a transaction dated Thursday, August 28th. The stock was sold at an average price of $138.31, for a total value of $84,230.79. Following the transaction, the chief executive officer directly owned 62,896 shares in the company, valued at approximately $8,699,145.76. The trade was a 0.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Edward A. Kangas sold 5,500 shares of the stock in a transaction that occurred on Monday, June 30th. The shares were sold at an average price of $107.12, for a total value of $589,160.00. Following the sale, the director owned 5,338 shares of the company's stock, valued at approximately $571,806.56. The trade was a 50.75% decrease in their position. The disclosure for this sale can be found here. Company insiders own 19.77% of the company's stock.

Hovnanian Enterprises Company Profile

Hovnanian Enterprises, Inc, through its subsidiaries, designs, constructs, markets, and sells residential homes in the United States. It offers single-family detached homes, attached townhomes and condominiums, urban infill, and active lifestyle homes with amenities, such as clubhouses, swimming pools, tennis courts, tot lots, and open areas.

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