Hovnanian Enterprises (HOV) Expected to Announce Earnings on Tuesday

Hovnanian Enterprises (NYSE:HOV - Get Free Report) is projected to post its Q2 2025 quarterly earnings results before the market opens on Tuesday, May 20th. Analysts expect Hovnanian Enterprises to post earnings of $2.45 per share and revenue of $733.20 million for the quarter.

Hovnanian Enterprises (NYSE:HOV - Get Free Report) last released its quarterly earnings results on Thursday, February 27th. The construction company reported $3.58 earnings per share for the quarter, beating analysts' consensus estimates of $2.71 by $0.87. Hovnanian Enterprises had a net margin of 8.05% and a return on equity of 43.47%. The company had revenue of $673.62 million during the quarter, compared to the consensus estimate of $705.80 million.

Hovnanian Enterprises Price Performance

Shares of NYSE HOV traded up $3.03 during midday trading on Friday, reaching $111.11. The company's stock had a trading volume of 50,282 shares, compared to its average volume of 80,574. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.34 and a current ratio of 1.52. Hovnanian Enterprises has a fifty-two week low of $81.15 and a fifty-two week high of $240.34. The business's 50 day moving average price is $101.09 and its two-hundred day moving average price is $129.27. The company has a market cap of $658.34 million, a P/E ratio of 3.46 and a beta of 2.28.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the stock. StockNews.com downgraded shares of Hovnanian Enterprises from a "hold" rating to a "sell" rating in a research report on Tuesday, March 18th. Zelman & Associates reissued an "underperform" rating on shares of Hovnanian Enterprises in a research note on Wednesday, February 12th.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Hovnanian Enterprises stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Hovnanian Enterprises, Inc. (NYSE:HOV - Free Report) by 5.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,979 shares of the construction company's stock after acquiring an additional 156 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned 0.05% of Hovnanian Enterprises worth $312,000 at the end of the most recent reporting period. 65.40% of the stock is owned by institutional investors.

About Hovnanian Enterprises

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.