Hovnanian Enterprises (HOV) Projected to Release Earnings on Thursday

Key Points

• Hovnanian Enterprises is expected to report Q3 2026 results before the market opens on August 20. Analysts forecast a loss of $0.56 per share on revenue of $723.5 million.
• The company’s previous quarter exceeded expectations, with EPS of negative $0.46 versus the consensus estimate of negative $2.04 and revenue of $667.65 million compared with $626.4 million expected.
• Analysts remain cautious on the stock: HOV has a “Reduce” consensus rating and a $97 target price, well below its recent price of $135.77. Insiders own 22.67% of shares, while institutional investors own 65.40%.

Hovnanian Enterprises (NYSE:HOV - Get Free Report) is expected to issue its Q3 2026 results before the market opens on Thursday, August 20th. Analysts expect Hovnanian Enterprises to announce earnings of ($0.56) per share and revenue of $723.50 million for the quarter. Investors can check the company's upcoming Q3 2026 earning report page for the latest details on the call scheduled for Thursday, August 20, 2026 at 11:00 AM ET.

Hovnanian Enterprises (NYSE:HOV - Get Free Report) last released its earnings results on Thursday, May 21st. The construction company reported ($0.46) earnings per share (EPS) for the quarter, topping the consensus estimate of ($2.04) by $1.58. The business had revenue of $667.65 million for the quarter, compared to analyst estimates of $626.40 million. Hovnanian Enterprises had a return on equity of 11.23% and a net margin of 1.25%.

Hovnanian Enterprises Stock Down 1.2%

HOV stock opened at $135.77 on Thursday. The company has a quick ratio of 0.40, a current ratio of 1.50 and a debt-to-equity ratio of 0.05. The business has a 50 day moving average price of $129.45 and a two-hundred day moving average price of $119.21. The company has a market cap of $795.61 million, a price-to-earnings ratio of 37.30 and a beta of 1.83. Hovnanian Enterprises has a twelve month low of $91.52 and a twelve month high of $162.05.

Insider Activity at Hovnanian Enterprises

In other Hovnanian Enterprises news, Director J Larry Sorsby sold 1,032 shares of the company's stock in a transaction on Thursday, June 25th. The stock was sold at an average price of $142.57, for a total value of $147,132.24. Following the transaction, the director directly owned 187,416 shares of the company's stock, valued at $26,719,899.12. This represents a 0.55% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Ara K. Hovnanian sold 12,880 shares of the stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $125.78, for a total value of $1,620,046.40. The SEC filing for this sale provides additional information. Company insiders own 22.67% of the company's stock.

Institutional Investors Weigh In On Hovnanian Enterprises

A number of institutional investors have recently modified their holdings of the business. State Street Corp increased its position in Hovnanian Enterprises by 8.6% during the fourth quarter. State Street Corp now owns 228,613 shares of the construction company's stock worth $22,299,000 after acquiring an additional 18,086 shares during the period. Dimensional Fund Advisors LP raised its stake in Hovnanian Enterprises by 2.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 175,186 shares of the construction company's stock worth $17,089,000 after purchasing an additional 3,514 shares in the last quarter. GW&K Investment Management LLC boosted its holdings in Hovnanian Enterprises by 7.6% in the 4th quarter. GW&K Investment Management LLC now owns 121,488 shares of the construction company's stock valued at $11,850,000 after purchasing an additional 8,571 shares during the period. Geode Capital Management LLC boosted its holdings in Hovnanian Enterprises by 1.0% in the 4th quarter. Geode Capital Management LLC now owns 111,600 shares of the construction company's stock valued at $10,888,000 after purchasing an additional 1,057 shares during the period. Finally, Towle & Co. boosted its holdings in Hovnanian Enterprises by 51.2% in the 4th quarter. Towle & Co. now owns 99,402 shares of the construction company's stock valued at $9,696,000 after purchasing an additional 33,681 shares during the period. Institutional investors own 65.40% of the company's stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded Hovnanian Enterprises from a "hold (c-)" rating to a "hold (c)" rating in a research note on Thursday, July 16th. Three equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, Hovnanian Enterprises has a consensus rating of "Reduce" and a consensus target price of $97.00.

Hovnanian Enterprises Company Profile

Hovnanian Enterprises, Inc is a publicly traded homebuilding company primarily engaged in the acquisition, development and construction of residential properties. Headquartered in Red Bank, New Jersey, the company operates through a network of regional homebuilding divisions that design and deliver a range of housing solutions, including single-family detached homes, townhomes and condominiums. Hovnanian combines land development, architectural design and construction services with in-house mortgage and insurance offerings to provide a comprehensive homebuying experience.

The company markets its communities under several branded product lines tailored to different buyer segments and price points.

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