Q1 Earnings Estimate for HOV Issued By Wedbush

Key Points

• Wedbush analysts estimate Hovnanian Enterprises will have a Q1 2026 earnings per share (EPS) of ($0.98), with a "Neutral" rating and a price target of $120.00 for the stock.
• The construction company missed analysts' consensus estimates in its latest quarterly earnings, reporting $1.99 EPS compared to expectations of $3.51.
• Institutional investors have significantly increased their stakes in Hovnanian, with some firms boosting their holdings by over 600% in the last quarter.

Hovnanian Enterprises Inc (NYSE:HOV - Free Report) - Analysts at Wedbush issued their Q1 2026 earnings estimates for Hovnanian Enterprises in a research report issued to clients and investors on Wednesday, August 27th. Wedbush analyst J. Mccanless expects that the construction company will earn ($0.98) per share for the quarter. Wedbush has a "Neutral" rating and a $120.00 price objective on the stock. Wedbush also issued estimates for Hovnanian Enterprises' Q2 2026 earnings at ($0.29) EPS, Q3 2026 earnings at $0.27 EPS and Q4 2026 earnings at $1.16 EPS.

Separately, Wall Street Zen lowered 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 given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Reduce" and a consensus target price of $120.00.

Hovnanian Enterprises Stock Up 0.7%

Shares of NYSE:HOV traded up $0.97 during mid-day trading on Friday, hitting $140.24. 76,232 shares of the company traded hands, compared to its average volume of 119,539. Hovnanian Enterprises has a 12-month low of $81.15 and a 12-month high of $233.15. The company has a current ratio of 1.58, a quick ratio of 0.28 and a debt-to-equity ratio of 0.11. The stock has a market cap of $830.19 million, a P/E ratio of 6.75 and a beta of 2.12. The stock has a 50-day moving average price of $125.39 and a two-hundred day moving average price of $109.91.

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

Hedge Funds Weigh In On Hovnanian Enterprises

A number of institutional investors have recently made changes to their positions in HOV. Barclays PLC lifted its holdings in shares of Hovnanian Enterprises by 12.5% in the 4th quarter. Barclays PLC now owns 9,306 shares of the construction company's stock worth $1,246,000 after acquiring an additional 1,032 shares during the last quarter. First Trust Advisors LP bought a new stake in Hovnanian Enterprises in the fourth quarter worth $2,772,000. Dimensional Fund Advisors LP boosted its position in Hovnanian Enterprises by 0.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 180,913 shares of the construction company's stock valued at $24,210,000 after buying an additional 602 shares during the period. 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 buying an additional 272 shares during the last quarter. Finally, Tudor Investment Corp ET AL increased its holdings in shares of Hovnanian Enterprises by 11.4% in the fourth quarter. Tudor Investment Corp ET AL now owns 3,716 shares of the construction company's stock worth $497,000 after buying an additional 379 shares during the period. Institutional investors own 65.40% of the company's stock.

Insider Transactions at Hovnanian Enterprises

In related news, CEO Ara K. Hovnanian sold 609 shares of the business's 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 sale, 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 position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Edward A. Kangas sold 5,500 shares of the company's stock in a transaction dated Monday, June 30th. The shares were sold at an average price of $107.12, for a total transaction of $589,160.00. Following the sale, the director directly owned 5,338 shares in the company, valued at approximately $571,806.56. This trade represents a 50.75% decrease in their ownership of the stock. The disclosure for this sale can be found here. 19.77% of the stock is owned by insiders.

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.