Hovnanian Enterprises Stock Forecast, Price & News

Hovnanian Enterprises' stock was trading at $127.29 at the beginning of 2022. Since then, HOV stock has decreased by 62.8% and is now trading at $47.33.
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Hovnanian Enterprises saw a drop in short interest in May. As of May 15th, there was short interest totaling 248,000 shares, a drop of 18.9% from the April 30th total of 305,700 shares. Based on an average trading volume of 113,100 shares, the short-interest ratio is currently 2.2 days. Approximately 4.8% of the company's shares are sold short.
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Hovnanian Enterprises is scheduled to release its next quarterly earnings announcement on Thursday, September 8th 2022.
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Hovnanian Enterprises, Inc. (NYSE:HOV) released its quarterly earnings results on Thursday, December, 5th. The construction company reported ($0.30) earnings per share for the quarter, missing analysts' consensus estimates of $4.13 by $4.43. The construction company earned $713.59 million during the quarter. Hovnanian Enterprises had a net margin of 6.76% and a trailing twelve-month return on equity of 373.51%.
View Hovnanian Enterprises' earnings history.

Hovnanian Enterprises shares reverse split on Monday, April 1st 2019. The 1-25 reverse split was announced on Tuesday, March 19th 2019. The number of shares owned by shareholders was adjusted after the closing bell on Friday, March 29th 2019. An investor that had 100 shares of Hovnanian Enterprises stock prior to the reverse split would have 4 shares after the split.

Hovnanian Enterprises updated its third quarter 2022 earnings guidance on Wednesday, June, 22nd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $780.00 million-$830.00 million.

118 employees have rated Hovnanian Enterprises CEO Ara K. Hovnanian on Glassdoor.com. Ara K. Hovnanian has an approval rating of 74% among Hovnanian Enterprises' employees.

Some companies that are related to Hovnanian Enterprises include D.R. Horton (DHI), Lennar (LEN), NVR (NVR), PulteGroup (PHM), Toll Brothers (TOL), Meritage Homes (MTH), KB Home (KBH), M.D.C. (MDC), Tri Pointe Homes (TPH), Cavco Industries (CVCO), M/I Homes (MHO) and Beazer Homes USA (BZH).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Hovnanian Enterprises investors own include J C Penney (JCP), Hertz Global (HTZ), MBIA (MBI), Bank of America (BAC), Callon Petroleum (CPE), Freeport-McMoRan (FCX), Energy Transfer (ET), General Electric (GE), JetBlue Airways (JBLU) and Oasis Petroleum (OAS).

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

Hovnanian Enterprises' stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (5.57%), DG Capital Management LLC (4.26%), Renaissance Technologies LLC (3.61%), Vanguard Group Inc. (3.57%), Philadelphia Financial Management of San Francisco LLC (2.46%) and Anson Funds Management LP (1.71%). Company insiders that own Hovnanian Enterprises stock include Ara K Hovnanian and Ara K Hovnanian.
View institutional ownership trends for Hovnanian Enterprises.

HOV stock was sold by a variety of institutional investors in the last quarter, including Invesco Ltd., UBS Group AG, Acadian Asset Management LLC, Friess Associates LLC, BlackRock Inc., JPMorgan Chase & Co., Principal Financial Group Inc., and Northern Trust Corp.
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HOV stock was purchased by a variety of institutional investors in the last quarter, including DG Capital Management LLC, Philadelphia Financial Management of San Francisco LLC, Bank of Montreal Can, Renaissance Technologies LLC, Dimensional Fund Advisors LP, Anson Funds Management LP, Jane Street Group LLC, and Bank of America Corp DE.
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Shares of HOV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of HOV stock can currently be purchased for approximately $47.33.

Hovnanian Enterprises (NYSE:HOV) has a market capitalization of $298.65 million and generates $2.78 billion in revenue each year. The construction company earns $607.82 million in net income (profit) each year or $25.589990 on an earnings per share basis.

Hovnanian Enterprises employs 1,784 workers across the globe.

Hovnanian Enterprises was founded in 1959.

Hovnanian Enterprises' mailing address is 90 Matawan Road 5th Floor, Matawan NJ, 07747. The official website for Hovnanian Enterprises is www.khov.com. The construction company can be reached via phone at (732) 747-7800, via email at [email protected], or via fax at 732-747-7159.