What is Wedbush's Estimate for HOV Q1 Earnings?

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) - Wedbush issued their Q1 2026 earnings per share (EPS) estimates for shares of Hovnanian Enterprises in a research note issued to investors on Wednesday, August 27th. Wedbush analyst J. Mccanless forecasts that the construction company will post earnings per share of ($0.98) for the quarter. Wedbush currently has a "Neutral" rating and a $120.00 target price 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 Hovnanian Enterprises from a "hold" rating to a "sell" rating in a report on Saturday. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Reduce" and a consensus price target of $120.00.

Hovnanian Enterprises Stock Up 1.0%

NYSE HOV traded up $1.33 during trading on Friday, hitting $137.56. 32,532 shares of the company traded hands, compared to its average volume of 111,682. Hovnanian Enterprises has a 12 month low of $81.15 and a 12 month high of $233.15. The business has a fifty day simple moving average of $126.76 and a 200 day simple moving average of $110.12. 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 company has a market capitalization of $814.35 million, a P/E ratio of 6.61 and a beta of 2.12.

Hovnanian Enterprises (NYSE:HOV - Get Free Report) last released its earnings results on Thursday, August 21st. The construction company reported $1.99 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 during the quarter, compared to analysts' expectations of $806.20 million. During the same quarter in the previous year, the company earned $9.75 EPS. Hovnanian Enterprises's revenue for the quarter was up 10.8% on a year-over-year basis. Hovnanian Enterprises has set its Q4 2025 guidance at EPS.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of HOV. Caxton Associates LLP grew its holdings in Hovnanian Enterprises by 72.0% during the 2nd quarter. Caxton Associates LLP now owns 9,820 shares of the construction company's stock worth $1,027,000 after acquiring an additional 4,112 shares during the period. Tower Research Capital LLC TRC grew its holdings in Hovnanian Enterprises by 614.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 557 shares of the construction company's stock worth $58,000 after acquiring an additional 479 shares during the period. Rafferty Asset Management LLC grew its holdings in Hovnanian Enterprises by 14.0% during the 2nd quarter. Rafferty Asset Management LLC now owns 3,752 shares of the construction company's stock worth $392,000 after acquiring an additional 461 shares during the period. BNP Paribas Financial Markets grew its holdings in Hovnanian Enterprises by 39.1% during the 2nd quarter. BNP Paribas Financial Markets now owns 17,942 shares of the construction company's stock worth $1,876,000 after acquiring an additional 5,043 shares during the period. Finally, Bank of America Corp DE grew its holdings in shares of Hovnanian Enterprises by 32.2% in the 2nd quarter. Bank of America Corp DE now owns 21,225 shares of the construction company's stock valued at $2,219,000 after buying an additional 5,164 shares during the period. Institutional investors own 65.40% of the company's stock.

Insider Buying and Selling

In other news, Director Edward A. Kangas sold 5,500 shares of Hovnanian Enterprises 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 completion of the transaction, the director owned 5,338 shares in the company, valued at approximately $571,806.56. The trade was a 50.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Ara K. Hovnanian sold 609 shares of Hovnanian Enterprises stock in a transaction that occurred on Thursday, August 28th. The shares were sold at an average price of $138.31, for a total transaction of $84,230.79. Following the completion of the transaction, the chief executive officer owned 62,896 shares of the company's stock, valued at $8,699,145.76. This trade represents a 0.96% decrease in their position. The disclosure for this sale can be found here. 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.