Hovnanian Enterprises Company Profile (NYSE:HOV)

About Hovnanian Enterprises (NYSE:HOV)

Hovnanian Enterprises logoHovnanian Enterprises, Inc. is a builder of residential homes. The Company designs, constructs, markets and sells single-family detached homes, attached townhomes and condominiums, urban infill and active lifestyle homes in planned residential developments. The Company has two distinct operations: homebuilding and financial services. Its homebuilding operations consist of six segments: Northeast: New Jersey and Pennsylvania; Mid-Atlantic: Delaware, Maryland, Virginia, Washington, District of Columbia, and West Virginia; Midwest: Illinois and Ohio; Southeast: Florida, Georgia and South Carolina; Southwest: Arizona and Texas, and West: California. Its financial services operations provide mortgage loans and title services to the customers of its homebuilding operations. The Company markets and builds homes for first-time buyers, first-time and second-time move-up buyers, luxury buyers, active lifestyle buyers and empty nesters.

Industry, Sector and Symbol:
  • Sector: Construction
  • Industry: Residential Construction
  • Sub-Industry: Homebuilding
  • Symbol: NYSE:HOV
  • CUSIP: 44248720
  • Web: www.khov.com
Capitalization:
  • Market Cap: $372.82 million
  • Outstanding Shares: 147,361,000
Average Prices:
  • 50 Day Moving Avg: $2.31
  • 200 Day Moving Avg: $2.32
  • 52 Week Range: $1.51 - $2.96
P/E:
  • Trailing P/E Ratio: 28.43
  • Foreward P/E Ratio: 18.07
  • P/E Growth: -0.57
Sales & Book Value:
  • Annual Revenue: $2.73 billion
  • Price / Sales: 0.14
  • Book Value: ($1.79) per share
  • Price / Book: -1.41
Profitability:
  • EBIDTA: $137.15 million
  • Net Margins: -0.10%
  • Return on Equity: -8.96%
  • Return on Assets: 1.02%
Debt:
  • Debt-to-Equity Ratio: -7.30%
  • Current Ratio: 3.71%
  • Quick Ratio: 1.50%
Misc:
  • Average Volume: 1.00 million shs.
  • Beta: 2.02
  • Short Ratio: 7.73
 

Frequently Asked Questions for Hovnanian Enterprises (NYSE:HOV)

What is Hovnanian Enterprises' stock symbol?

Hovnanian Enterprises trades on the New York Stock Exchange (NYSE) under the ticker symbol "HOV."

How were Hovnanian Enterprises' earnings last quarter?

Hovnanian Enterprises, Inc. (NYSE:HOV) released its quarterly earnings data on Wednesday, March, 8th. The company reported ($0.02) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.02). The company earned $552 million during the quarter, compared to the consensus estimate of $524.33 million. Hovnanian Enterprises had a negative net margin of 0.10% and a negative return on equity of 8.96%. Hovnanian Enterprises's revenue for the quarter was down 4.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.11) earnings per share. View Hovnanian Enterprises' Earnings History.

When will Hovnanian Enterprises make its next earnings announcement?

Hovnanian Enterprises is scheduled to release their next quarterly earnings announcement on Wednesday, May, 31st 2017. View Earnings Estimates for Hovnanian Enterprises.

Where is Hovnanian Enterprises' stock going? Where will Hovnanian Enterprises' stock price be in 2017?

3 brokers have issued 12 month price objectives for Hovnanian Enterprises' stock. Their predictions range from $1.30 to $1.80. On average, they expect Hovnanian Enterprises' share price to reach $1.55 in the next year. View Analyst Ratings for Hovnanian Enterprises.

Who are some of Hovnanian Enterprises' key competitors?

Who owns Hovnanian Enterprises stock?

Hovnanian Enterprises' stock is owned by a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (3.66%), Renaissance Technologies LLC (3.14%), Dudley & Shanley LLC (1.61%), Bank of America Corp DE (0.80%), Geode Capital Management LLC (0.61%) and Gabelli Funds LLC (0.51%). View Institutional Ownership Trends for Hovnanian Enterprises.

Who sold Hovnanian Enterprises stock? Who is selling Hovnanian Enterprises stock?

Hovnanian Enterprises' stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Morgan Stanley, UBS Group AG, Bank of America Corp DE, Geode Capital Management LLC, Credit Suisse AG, Dudley & Shanley LLC and Parametric Portfolio Associates LLC. View Insider Buying and Selling for Hovnanian Enterprises.

Who bought Hovnanian Enterprises stock? Who is buying Hovnanian Enterprises stock?

Hovnanian Enterprises' stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Vanguard Group Inc., AQR Capital Management LLC, Cornerstone Capital Management Holdings LLC., Alliancebernstein L.P., Spark Investment Management LLC, Canada Pension Plan Investment Board and TIAA CREF Investment Management LLC. View Insider Buying and Selling for Hovnanian Enterprises.

How do I buy Hovnanian Enterprises stock?

Shares of Hovnanian Enterprises can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Hovnanian Enterprises stock cost?

One share of Hovnanian Enterprises stock can currently be purchased for approximately $2.53.

Analyst Ratings

Consensus Ratings for Hovnanian Enterprises (NYSE:HOV) (?)
Ratings Breakdown: 1 Sell Rating, 2 Hold Ratings
Consensus Rating:Hold (Score: 1.67)
Consensus Price Target: $1.55 (38.74% downside)

Analysts' Ratings History for Hovnanian Enterprises (NYSE:HOV)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/14/2017JMP SecuritiesReiterated RatingUnderperform$1.60 -> $1.30LowView Rating Details
9/12/2016MKM PartnersSet Price TargetHold$1.80N/AView Rating Details
6/4/2016Deutsche Bank AGReiterated RatingHoldN/AView Rating Details
6/12/2015Compass PointLower Price TargetNeutral$3.50 -> $3.00N/AView Rating Details
(Data available from 5/25/2015 forward)

Earnings

Earnings History for Hovnanian Enterprises (NYSE:HOV)
Earnings by Quarter for Hovnanian Enterprises (NYSE:HOV)
Earnings History by Quarter for Hovnanian Enterprises (NYSE:HOV)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/31/2017        
3/8/2017Q1 2017($0.02)($0.02)$524.33 million$552.00 millionViewListenView Earnings Details
12/8/2016Q416$0.13$0.14$892.67 million$805.07 millionViewListenView Earnings Details
6/2/2016Q216$0.02($0.06)$643.06 million$64.70 millionViewListenView Earnings Details
3/9/2016Q116($0.03)($0.11)$580.31 million$575.60 millionViewN/AView Earnings Details
12/4/2015Q415$0.10$0.16$745.00 million$693.20 millionViewListenView Earnings Details
9/9/2015Q315($0.01)($0.05)$611.95 million$540.60 millionViewListenView Earnings Details
6/9/2015Q215($0.06)($0.13)$533.75 million$468.90 millionViewListenView Earnings Details
3/12/2015Q115($0.06)($0.10)$435.37 million$445.70 millionViewListenView Earnings Details
12/10/2014Q414$0.21$0.20$646.80 million$698.40 millionViewListenView Earnings Details
9/4/2014Q314$0.09$0.11$559.47 million$551.00 millionViewListenView Earnings Details
6/4/2014Q214$0.03($0.05)$476.72 million$449.90 millionViewListenView Earnings Details
3/5/2014Q1($0.04)($0.17)$401.52 million$364.00 millionViewListenView Earnings Details
12/12/2013Q4$0.16$0.21$582.89 million$591.70 millionViewListenView Earnings Details
9/9/2013Q3 2013$0.07$0.06$504.70 million$478.40 millionViewListenView Earnings Details
6/5/2013Q2 2013($0.05)$0.01$408.61 million$423.00 millionViewListenView Earnings Details
3/6/2013Q1 2013($0.10)($0.08)$381.11 million$358.20 millionViewListenView Earnings Details
12/13/2012-0.59($0.06)($0.59)$461.11 million$461.11 millionViewListenView Earnings Details
9/6/2012Q312($0.12)$0.25$386.18 million$387.00 millionViewN/AView Earnings Details
6/6/2012($0.29)$0.02ViewN/AView Earnings Details
3/7/2012($0.43)($0.17)ViewN/AView Earnings Details
12/15/2011($0.43)($0.90)ViewN/AView Earnings Details
9/7/2011($0.52)($0.47)ViewN/AView Earnings Details
6/7/2011($0.51)($0.69)ViewN/AView Earnings Details
12/21/2010($0.66)($1.68)$288.05 million$353.00 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Hovnanian Enterprises (NYSE:HOV)
Current Year EPS Consensus Estimate: $0.11 EPS
Next Year EPS Consensus Estimate: $0.14 EPS

Dividends

Dividend History for Hovnanian Enterprises (NYSE:HOV)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Hovnanian Enterprises (NYSE:HOV)
Insider Ownership Percentage: 15.42%
Institutional Ownership Percentage: 26.33%
Insider Trades by Quarter for Hovnanian Enterprises (NYSE:HOV)
Institutional Ownership by Quarter for Hovnanian Enterprises (NYSE:HOV)
Insider Trades by Quarter for Hovnanian Enterprises (NYSE:HOV)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
4/14/2016Vincent Pagano JrDirectorBuy14,535$1.74$25,290.90View SEC Filing  
10/21/2015Vincent Pagano JrDirectorBuy20,260$2.24$45,382.40View SEC Filing  
4/16/2015Ara K HovnanianCEOSell314,937$3.57$1,124,325.09View SEC Filing  
3/20/2015Thomas J PelleritoCOOSell70,282$3.41$239,661.62View SEC Filing  
3/11/2014Vincent Pagano, Jr.DirectorBuy6,000$4.89$29,340.00View SEC Filing  
1/17/2014Vincent Pagano, Jr.DirectorBuy6,000$5.97$35,820.00View SEC Filing  
1/10/2014Thomas PelleritoCOOSell67,000$6.31$422,770.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Hovnanian Enterprises (NYSE:HOV)
Latest Headlines for Hovnanian Enterprises (NYSE:HOV)
Source:
DateHeadline
nasdaq.com logoHovnanian Enterprises Announces Second Quarter Fiscal Year 2017 Earnings Release and Conference Call - Nasdaq
www.nasdaq.com - May 24 at 11:44 AM
seekingalpha.com logoHovnanian Enterprises (HOV) Presents At J.P. Morgan Homebuilding and Building Products Conference - Slideshow
seekingalpha.com - May 23 at 5:19 PM
seekingalpha.com logoHovnanian Enterprises (HOV) Presents At J.P. Morgan Homebuilding and Building Products Conference - Slideshow
seekingalpha.com - May 23 at 5:19 PM
streetinsider.com logoK. Hovnanian® Homes Announces the Opening of The Villas at Morningside in Lorain
www.streetinsider.com - May 22 at 11:01 AM
finance.yahoo.com logoHovnanian Enterprises Announces Second Quarter Fiscal Year 2017 Earnings Release and Conference Call
finance.yahoo.com - May 22 at 11:01 AM
finance.yahoo.com logoHovnanian Enterprises’ Presentation at the J.P. Morgan Homebuilding and Building Products Conference to be Webcast Live
finance.yahoo.com - May 11 at 6:20 PM
finance.yahoo.com logoHovnanian Enterprises, Inc. breached its 50 day moving average in a Bullish Manner : HOV-US : May 10, 2017
finance.yahoo.com - May 10 at 1:30 PM
streetinsider.com logoK. Hovnanian® Homes to Host Model Grand Opening this Weekend at Village Glen
www.streetinsider.com - May 8 at 5:25 PM
americanbankingnews.com logoHovnanian Enterprises (HOV) Earning Favorable News Coverage, Study Shows
www.americanbankingnews.com - May 4 at 1:14 AM
americanbankingnews.com logoHovnanian Enterprises (HOV) Earns Media Sentiment Rating of 0.10
www.americanbankingnews.com - April 30 at 3:26 PM
americanbankingnews.com logoFavorable Press Coverage Likely to Affect Hovnanian Enterprises (HOV) Stock Price
www.americanbankingnews.com - April 27 at 2:18 PM
finance.yahoo.com logoHovnanian Enterprises, Inc. – Value Analysis (NYSE:HOV) : April 21, 2017
finance.yahoo.com - April 21 at 5:39 PM
americanbankingnews.com logoSomewhat Positive Media Coverage Very Likely to Impact Hovnanian Enterprises (HOV) Stock Price
www.americanbankingnews.com - April 20 at 8:36 PM
finance.yahoo.com logoHovnanian Enterprises, Inc. breached its 50 day moving average in a Bullish Manner : HOV-US : April 20, 2017
finance.yahoo.com - April 20 at 11:47 AM
finance.yahoo.com logoETFs with exposure to Hovnanian Enterprises, Inc. : April 19, 2017
finance.yahoo.com - April 19 at 5:34 PM
finance.yahoo.com logoThe Less the Fed Knows, the Better for Housing
finance.yahoo.com - April 19 at 5:34 PM
americanbankingnews.com logoHovnanian Enterprises (HOV) Earns Media Sentiment Rating of 0.31
www.americanbankingnews.com - April 17 at 3:22 PM
americanbankingnews.com logoHovnanian Enterprises, Inc. (HOV) Stock Rating Reaffirmed by JMP Securities
www.americanbankingnews.com - April 15 at 9:12 AM
americanbankingnews.com logoSomewhat Favorable Media Coverage Likely to Effect Hovnanian Enterprises (HOV) Stock Price
www.americanbankingnews.com - April 14 at 8:47 PM
americanbankingnews.com logoHovnanian Enterprises, Inc. (HOV) Cut to Hold at Zacks Investment Research
www.americanbankingnews.com - April 9 at 10:10 PM
finance.yahoo.com logoETFs with exposure to Hovnanian Enterprises, Inc. : April 7, 2017
finance.yahoo.com - April 7 at 5:37 PM
prnewswire.com logoReal Estate Market Showing Support Despite Interest Rate Hikes
www.prnewswire.com - April 7 at 10:17 AM
finance.yahoo.com logoPost Earnings Coverage as KB Home's Quarterly Revenue Surged 21%
finance.yahoo.com - April 7 at 10:17 AM
americanbankingnews.com logoHovnanian Enterprises, Inc. (HOV) Upgraded to Hold at Zacks Investment Research
www.americanbankingnews.com - March 25 at 8:22 PM
americanbankingnews.com logoHovnanian Enterprises, Inc. (HOV) Upgraded at Zacks Investment Research
www.americanbankingnews.com - March 24 at 11:37 AM
biz.yahoo.com logoHOVNANIAN ENTERPRISES INC Files SEC form 8-K, Submission of Matters to a Vote of Security Holders
biz.yahoo.com - March 16 at 4:23 PM
finance.yahoo.com logoHOVNANIAN ENTERPRISES INC Financials
finance.yahoo.com - March 14 at 4:57 PM
rttnews.com logoEARNINGS SUMMARY: Details of Hovnanian Enterprises Inc. Q1 Earnings Report
www.rttnews.com - March 8 at 11:33 PM
seekingalpha.com logoHovnanian Enterprises, Inc. 2017 Q1 - Results - Earnings Call Slides
seekingalpha.com - March 8 at 11:33 PM
biz.yahoo.com logoQ1 2017 Hovnanian Enterprises Inc Earnings Release - Before Market Open
us.rd.yahoo.com - March 8 at 11:33 PM
us.rd.yahoo.com logoHovnanian Enterprises Reports Fiscal 2017 First Quarter Results
us.rd.yahoo.com - March 8 at 11:33 PM
finance.yahoo.com logoEdited Transcript of HOV earnings conference call or presentation 8-Mar-17 4:00pm GMT
finance.yahoo.com - March 8 at 11:33 PM
finance.yahoo.com logoHovnanian Enterprises Reports Fiscal 2017 First Quarter Results - Yahoo Finance
finance.yahoo.com - March 8 at 6:30 PM
biz.yahoo.com logoHOVNANIAN ENTERPRISES INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and
biz.yahoo.com - March 8 at 6:30 PM
biz.yahoo.com logoHovnanian Enterprises Inc Earnings Call scheduled for 11:00 am ET today
biz.yahoo.com - March 8 at 6:30 PM
finance.yahoo.com logoHovnanian Enterprises Announces First Quarter Fiscal Year 2017 Earnings Release and Conference Call
finance.yahoo.com - February 23 at 5:43 PM
prnewswire.com logoIndustrial Goods Stocks Under Scanner -- CalAtlantic, Hovnanian Enterprises, Beazer Homes USA, and Eagle Materials - PR Newswire (press release)
www.prnewswire.com - January 14 at 5:46 PM
investorplace.com logoWhy Infosys Ltd ADR (INFY), GameStop Corp. (GME) and Hovnanian Enterprises, Inc. (HOV) Are 3 of Today’s Worst Stocks
investorplace.com - January 13 at 4:55 PM
streetinsider.com logoPre-Open Stock Movers 01/12: (TBIO) (STRP) (HSGX) Higher; (DRWI) (MYOS) (KOS) Lower (more...)
www.streetinsider.com - January 12 at 6:11 PM
us.rd.yahoo.com logoHovnanian downgraded by JMP Securities
us.rd.yahoo.com - January 12 at 6:11 PM
fool.com logoWhy Hovnanian Enterprises, Inc. Stock Dropped 11% Today
www.fool.com - January 12 at 1:25 PM

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Chart

Hovnanian Enterprises (HOV) Chart for Thursday, May, 25, 2017

This page was last updated on 5/25/2017 by MarketBeat.com Staff