Q3 EPS Estimates for Hovnanian Enterprises Lifted by Wedbush

Hovnanian Enterprises, Inc. (NYSE:HOV - Free Report) - Research analysts at Wedbush raised their Q3 2025 earnings per share estimates for Hovnanian Enterprises in a research report issued to clients and investors on Tuesday, May 20th. Wedbush analyst J. Mccanless now expects that the construction company will earn $3.51 per share for the quarter, up from their prior forecast of $3.05. 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 $2.57 EPS and FY2026 earnings at $8.09 EPS.

Hovnanian Enterprises (NYSE:HOV - Get Free Report) last posted its earnings results on Tuesday, May 20th. The construction company reported $2.43 EPS for the quarter, missing the consensus estimate of $2.45 by ($0.02). Hovnanian Enterprises had a return on equity of 43.47% and a net margin of 8.05%. The business had revenue of $686.47 million for the quarter, compared to the consensus estimate of $733.20 million. Hovnanian Enterprises's revenue was down 3.1% compared to the same quarter last year.

HOV has been the topic of a number of other research reports. Zelman & Associates restated an "underperform" rating on shares of Hovnanian Enterprises in a research note on Wednesday, February 12th. Wall Street Zen cut Hovnanian Enterprises from a "hold" rating to a "sell" rating in a research report on Wednesday, May 21st.

Hovnanian Enterprises Stock Down 5.5%

Hovnanian Enterprises stock traded down $5.36 during midday trading on Friday, hitting $92.09. 35,742 shares of the stock were exchanged, compared to its average volume of 80,601. Hovnanian Enterprises has a 52-week low of $81.15 and a 52-week high of $240.34. The company has a quick ratio of 0.34, a current ratio of 1.52 and a debt-to-equity ratio of 0.14. The business's 50-day moving average price is $99.24 and its 200-day moving average price is $125.41. The stock has a market capitalization of $545.60 million, a price-to-earnings ratio of 2.87 and a beta of 2.28.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Quantbot Technologies LP purchased a new position in Hovnanian Enterprises in the fourth quarter valued at approximately $25,000. Creative Financial Designs Inc. ADV bought a new stake in shares of Hovnanian Enterprises in the first quarter valued at $80,000. Harbor Capital Advisors Inc. lifted its position in shares of Hovnanian Enterprises by 1,655.2% during the 1st quarter. Harbor Capital Advisors Inc. now owns 1,018 shares of the construction company's stock valued at $107,000 after buying an additional 960 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank bought a new position in shares of Hovnanian Enterprises during the 1st quarter worth $109,000. Finally, KLP Kapitalforvaltning AS bought a new position in shares of Hovnanian Enterprises during the 4th quarter worth $120,000. 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.