NYSE:HOV - Hovnanian Enterprises Stock Price, News, & Analysis

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$0.65 -0.03 (-4.41 %)
(As of 02/21/2019 04:00 PM ET)
Previous Close$0.68
Today's Range$0.65 - $0.68
52-Week Range$0.57 - $2.51
Volume739,200 shs
Average Volume1.17 million shs
Market Capitalization$96.45 million
P/E Ratio21.84
Dividend YieldN/A
Beta1.91
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 builds and markets homes for first-time buyers, first-time and second-time move-up buyers, luxury buyers, active lifestyle buyers, and empty nesters in 123 communities in 25 markets. It also provides financial services comprising originating mortgages from home-buyers 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 Matawan, New Jersey.

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Industry, Sector and Symbol

Industry Operative builders
Sub-IndustryHomebuilding
SectorConstruction
CUSIP44248720
Phone732-747-7800

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.99 billion
Cash Flow$0.1078 per share
Book Value($3.97) per share

Profitability

Net Income$4.52 million

Miscellaneous

Employees1,851
Market Cap$96.45 million
Next Earnings Date3/14/2019 (Estimated)
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 Thomson Reuters' consensus estimate of $0.19 by $0.10. The construction company earned $614.81 million during the quarter, compared to analyst estimates of $638.80 million. Hovnanian Enterprises had a negative return on equity of 0.73% and a net margin of 0.23%. Hovnanian Enterprises's revenue for the quarter was down 14.8% compared to the same quarter last year. During the same period last year, the company earned $0.08 EPS. View Hovnanian Enterprises' Earnings History.

When is Hovnanian Enterprises' next earnings date?

Hovnanian Enterprises is scheduled to release their next quarterly earnings announcement on Thursday, March 14th 2019. View Earnings Estimates for Hovnanian Enterprises.

What price target have analysts set for HOV?

2 equities research analysts have issued 1-year price objectives for Hovnanian Enterprises' stock. Their predictions range from $1.30 to $1.30. On average, they anticipate Hovnanian Enterprises' share price to reach $1.30 in the next twelve months. This suggests a possible upside of 100.0% 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 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Hovnanian Enterprises.

Has Hovnanian Enterprises been receiving favorable news coverage?

News stories about HOV stock have been trending somewhat positive on Thursday, according to InfoTrie Sentiment. The research firm identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Hovnanian Enterprises earned a coverage optimism score of 1.7 on InfoTrie's scale. They also gave news stories about the construction company a news buzz of 5.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the stock's share price in the near future.

Who are some of Hovnanian Enterprises' key competitors?

What other stocks do shareholders of Hovnanian Enterprises own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Hovnanian Enterprises investors own include Bank of America (BAC), BlackBerry (BB), Rite Aid (RAD), Freeport-McMoRan (FCX), Ollie's Bargain Outlet (OLLI), J C Penney (JCP), Axon Enterprise (AAXN), General Electric (GE), Zynga (ZNGA) and D. R. Horton (DHI).

Who are Hovnanian Enterprises' key executives?

Hovnanian Enterprises' management team includes the folowing people:
  • Mr. Ara K. Hovnanian, Pres, CEO & Chairman (Age 62)
  • Mr. J. Larry Sorsby, Exec. VP, CFO & Director (Age 64)
  • Mr. Lucian Theon Smith III, Chief Operating Officer (Age 59)
  • Mr. Brad G. O'Connor, VP, Chief Accounting Officer & Corp. Controller (Age 49)
  • Mr. Paul Marabella, Chief Information Officer & VP

Who are Hovnanian Enterprises' major shareholders?

Hovnanian Enterprises' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.28%), Northern Trust Corp (0.98%), Geode Capital Management LLC (0.82%), Bank of America Corp DE (0.35%), Bank of New York Mellon Corp (0.33%) and Lucas Capital Management (0.29%). View Institutional Ownership Trends for Hovnanian Enterprises.

Which major investors are selling Hovnanian Enterprises stock?

HOV stock was sold by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Dudley & Shanley Inc., Bank of New York Mellon Corp and Northern Trust Corp. View Insider Buying and Selling for Hovnanian Enterprises.

Which major investors are buying Hovnanian Enterprises stock?

HOV stock was bought by a variety of institutional investors in the last quarter, including Waratah Capital Advisors Ltd., Lucas Capital Management, D. E. Shaw & Co. Inc., Acadian Asset Management LLC, Geode Capital Management LLC, Bank of America Corp DE, Rhumbline Advisers and Connor Clark & Lunn Investment Management Ltd.. 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 $0.65.

How big of a company is Hovnanian Enterprises?

Hovnanian Enterprises has a market capitalization of $96.45 million and generates $1.99 billion in revenue each year. The construction company earns $4.52 million in net income (profit) each year or $0.03 on an earnings per share basis. Hovnanian Enterprises employs 1,851 workers across the globe.

What is Hovnanian Enterprises' official website?

The official website for Hovnanian Enterprises is http://www.khov.com.

How can I contact Hovnanian Enterprises?

Hovnanian Enterprises' mailing address is 110 WEST FRONT STREET PO BOX 500, RED BANK NJ, 07701. 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)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  186 (Vote Outperform)
Underperform Votes:  336 (Vote Underperform)
Total Votes:  522
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.
This page was last updated on 2/21/2019 by MarketBeat.com Staff

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