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
Current SymbolNYSE:HOV
Previous Symbol
CUSIP44248720
Phone732-747-7800
Debt
Debt-to-Equity RatioN/A
Current Ratio0.81
Quick Ratio0.23
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.99 billion
Price / Sales0.08
Cash Flow$0.0944 per share
Price / Cash Flow11.65
Book Value($4.04) per share
Price / Book-0.27
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$4.52 million
Net Margins0.23%
Return on Equity-0.71%
Return on Assets0.27%
Miscellaneous
Employees1,905
Outstanding Shares148,380,000
Market Cap$173.61 million
OptionableOptionable
Hovnanian Enterprises (NYSE:HOV) Frequently Asked Questions
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) announced its earnings results on Thursday, December, 6th. The construction company reported $0.29 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.19 by $0.10. The construction company had revenue of $614.81 million for the quarter, compared to analyst estimates of $638.80 million. Hovnanian Enterprises had a net margin of 0.23% and a negative return on equity of 0.71%. Hovnanian Enterprises's quarterly revenue was down 14.8% on a year-over-year basis. During the same period in the prior year, the business earned $0.08 earnings per share. View Hovnanian Enterprises' Earnings History.
When is Hovnanian Enterprises' next earnings date?
What price target have analysts set for HOV?
2 equities research analysts have issued 1 year target prices for Hovnanian Enterprises' stock. Their forecasts range from $1.30 to $1.75. On average, they anticipate Hovnanian Enterprises' stock price to reach $1.5250 in the next twelve months. This suggests a possible upside of 38.6% from the stock's current price. View Analyst Price Targets for Hovnanian Enterprises.
What is the consensus analysts' recommendation for Hovnanian Enterprises?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hovnanian Enterprises in the last year. There are currently 1 sell rating and 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Hovnanian Enterprises.
Has Hovnanian Enterprises been receiving favorable news coverage?
Media coverage about HOV stock has trended somewhat positive on Tuesday, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Hovnanian Enterprises earned a daily sentiment score of 1.5 on InfoTrie's scale. They also gave press coverage about the construction company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the near future.
Who are some of Hovnanian Enterprises' key competitors?
Who are Hovnanian Enterprises' key executives?
Hovnanian Enterprises' 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 & VP
Who are Hovnanian Enterprises' major shareholders?
Hovnanian Enterprises' stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.27%), Vanguard Group Inc. (4.39%), JPMorgan Chase & Co. (3.97%), JPMorgan Chase & Co. (3.97%), Renaissance Technologies LLC (3.90%) and Dimensional Fund Advisors LP (0.59%). View Institutional Ownership Trends for Hovnanian Enterprises.
Which major investors are selling Hovnanian Enterprises stock?
Which major investors are buying Hovnanian Enterprises stock?
HOV stock was purchased by a variety of institutional investors in the last quarter, including Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, Vanguard Group Inc., Bridgeway Capital Management Inc., Virtu Financial LLC, JPMorgan Chase & Co. and JPMorgan Chase & Co.. View Insider Buying and Selling for Hovnanian Enterprises.
How do I buy shares of Hovnanian Enterprises?
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' stock price today?
One share of HOV stock can currently be purchased for approximately $1.10.
How big of a company is Hovnanian Enterprises?
Hovnanian Enterprises has a market capitalization of $173.61 million and generates $1.99 billion in revenue each year. Hovnanian Enterprises employs 1,905 workers across the globe.
What is Hovnanian Enterprises' official website?
How can I contact Hovnanian Enterprises?
Hovnanian Enterprises' 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 (NYSE HOV)
MarketBeat's community ratings are surveys of what our community members think about Hovnanian Enterprises 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.
