Hovnanian Enterprises, Inc. designs, constructs, markets, and sells residential homes in the United States. It constructs single-family detached homes, attached townhomes and condominiums, urban infill, and active lifestyle homes. The company markets its build homes for first-time buyers, first-time and second-time move-up buyers, luxury buyers, active lifestyle buyers, and empty nesters in 130 communities in 24 markets. It also provides financial services comprising originating mortgages from homebuyers and selling such mortgages in the secondary market, as well as offers title insurance services. The company was founded in 1959 and is headquartered in Red Bank, New Jersey.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Operative builders
Sub-IndustryHomebuilding
SectorConstruction
SymbolNYSE:HOV
CUSIP44248720
Phone732-747-7800
Debt
Debt-to-Equity Ratio-0.11
Current Ratio0.79
Quick Ratio0.24
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$2.45 billion
Price / Sales0.10
Cash Flow$0.1050 per share
Price / Cash15.33
Book Value($4.04) per share
Price / Book-0.40
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$-332,190,000.00
Net Margins-16.39%
Return on EquityN/A
Return on Assets-1.46%
Miscellaneous
Employees1,905
Outstanding Shares147,590,000
Market Cap$227.29 million
Hovnanian Enterprises, Inc. Class A (NYSE:HOV) Frequently Asked Questions
What is Hovnanian Enterprises, Inc. Class A's stock symbol?
Hovnanian Enterprises, Inc. Class A trades on the New York Stock Exchange (NYSE) under the ticker symbol "HOV."
How were Hovnanian Enterprises, Inc. Class A's earnings last quarter?
Hovnanian Enterprises, Inc. Class A (NYSE:HOV) released its earnings results on Thursday, June, 7th. The construction company reported ($0.07) earnings per share for the quarter, missing analysts' consensus estimates of ($0.05) by $0.02. The construction company earned $502.50 million during the quarter, compared to analysts' expectations of $511.10 million. Hovnanian Enterprises, Inc. Class A's revenue for the quarter was down 14.2% compared to the same quarter last year. During the same period last year, the business earned ($0.05) EPS. View Hovnanian Enterprises, Inc. Class A's Earnings History.
When is Hovnanian Enterprises, Inc. Class A's next earnings date?
What price target have analysts set for HOV?
1 analysts have issued 12 month price targets for Hovnanian Enterprises, Inc. Class A's stock. Their forecasts range from $1.75 to $1.75. On average, they anticipate Hovnanian Enterprises, Inc. Class A's share price to reach $1.75 in the next twelve months. This suggests a possible upside of 8.7% from the stock's current price. View Analyst Price Targets for Hovnanian Enterprises, Inc. Class A.
What is the consensus analysts' recommendation for Hovnanian Enterprises, Inc. Class A?
Who are some of Hovnanian Enterprises, Inc. Class A's key competitors?
Who are Hovnanian Enterprises, Inc. Class A's key executives?
Hovnanian Enterprises, Inc. Class A's management team includes the folowing people:
- Mr. Ara K. Hovnanian, Pres, CEO & Chairman (Age 61)
- Mr. J. Larry Sorsby, Exec. VP, CFO & Director (Age 63)
- Mr. Lucian Theon Smith III, Chief Operating Officer (Age 58)
- Mr. Brad G. O'Connor, VP, Chief Accounting Officer & Corp. Controller (Age 48)
- Mr. Paul Marabella, Chief Information Officer and VP
Has Hovnanian Enterprises, Inc. Class A been receiving favorable news coverage?
Headlines about HOV stock have trended somewhat positive this week, according to Accern. The research group ranks the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Hovnanian Enterprises, Inc. Class A earned a news impact score of 0.12 on Accern's scale. They also assigned media coverage about the construction company an impact score of 46.04 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the immediate future. View Recent Headlines for Hovnanian Enterprises, Inc. Class A.
Who are Hovnanian Enterprises, Inc. Class A's major shareholders?
Hovnanian Enterprises, Inc. Class A's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.42%), Renaissance Technologies LLC (4.19%), Dimensional Fund Advisors LP (1.04%), Dudley & Shanley Inc. (0.75%), Mackay Shields LLC (0.22%) and Lucas Capital Management (0.14%). View Institutional Ownership Trends for Hovnanian Enterprises, Inc. Class A.
Which major investors are selling Hovnanian Enterprises, Inc. Class A stock?
Which major investors are buying Hovnanian Enterprises, Inc. Class A stock?
How do I buy shares of Hovnanian Enterprises, Inc. Class A?
Shares of HOV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Hovnanian Enterprises, Inc. Class A's stock price today?
One share of HOV stock can currently be purchased for approximately $1.61.
How big of a company is Hovnanian Enterprises, Inc. Class A?
Hovnanian Enterprises, Inc. Class A has a market capitalization of $227.29 million and generates $2.45 billion in revenue each year. Hovnanian Enterprises, Inc. Class A employs 1,905 workers across the globe.
How can I contact Hovnanian Enterprises, Inc. Class A?
Hovnanian Enterprises, Inc. Class A's mailing address is 90 Matawan Road 5th Floor, Matawan NJ, 07747. The construction company can be reached via phone at 732-747-7800 or via email at [email protected]
MarketBeat Community Rating for Hovnanian Enterprises, Inc. Class A (NYSE HOV)
MarketBeat's community ratings are surveys of what our community members think about Hovnanian Enterprises, Inc. Class A and other stocks. Vote "Outperform" if you believe HOV will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HOV will underperform the S&P 500 over the long term. You may vote once every thirty days.
