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

$9.61
-0.74 (-7.15 %)
(As of 03/29/2020 03:03 AM ET)
Today's Range
$9.26
Now: $9.61
$10.28
50-Day Range
$5.72
MA: $20.67
$31.52
52-Week Range
$5.12
Now: $9.61
$32.90
Volume162,939 shs
Average Volume243,344 shs
Market Capitalization$58.91 million
P/E RatioN/A
Dividend YieldN/A
Beta1.48
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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Hovnanian Enterprises logo

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.02 billion
Cash Flow$1.91 per share
Book Value($103.49) per share

Profitability

Net Income$-42,120,000.00

Miscellaneous

Employees1,868
Market Cap$58.91 million
Next Earnings Date6/4/2020 (Estimated)
OptionableOptionable

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Hovnanian Enterprises (NYSE:HOV) Frequently Asked Questions

How has Hovnanian Enterprises' stock been impacted by COVID-19 (Coronavirus)?

Hovnanian Enterprises' stock was trading at $12.81 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, HOV shares have decreased by 25.0% and is now trading at $9.61. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Hovnanian Enterprises?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hovnanian Enterprises in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Hovnanian Enterprises.

When is Hovnanian Enterprises' next earnings date?

Hovnanian Enterprises is scheduled to release its next quarterly earnings announcement on Thursday, June 4th 2020. View our earnings forecast for Hovnanian Enterprises.

How were Hovnanian Enterprises' earnings last quarter?

Hovnanian Enterprises, Inc. (NYSE:HOV) announced its quarterly earnings results on Thursday, March, 5th. The construction company reported ($2.34) earnings per share for the quarter. The construction company earned $494.06 million during the quarter. Hovnanian Enterprises had a negative return on equity of 0.54% and a negative net margin of 1.59%. View Hovnanian Enterprises' earnings history.

When did Hovnanian Enterprises' stock split? How did Hovnanian Enterprises' stock split work?

Hovnanian Enterprises's stock reverse split before market open 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 market closes 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.

What price target have analysts set for HOV?

1 Wall Street analysts have issued 12-month price targets for Hovnanian Enterprises' stock. Their forecasts range from $27.00 to $27.00. On average, they expect Hovnanian Enterprises' share price to reach $27.00 in the next twelve months. This suggests a possible upside of 181.0% from the stock's current price. View analysts' price targets for Hovnanian Enterprises.

Has Hovnanian Enterprises been receiving favorable news coverage?

News coverage about HOV stock has been trending negative recently, according to InfoTrie Sentiment. The research group identifies positive and negative news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Hovnanian Enterprises earned a news sentiment score of -2.1 on InfoTrie's scale. They also assigned press coverage about the construction company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutHovnanian Enterprises.

Are investors shorting Hovnanian Enterprises?

Hovnanian Enterprises saw a increase in short interest in March. As of March 13th, there was short interest totaling 530,600 shares, an increase of 11.5% from the February 27th total of 476,000 shares. Based on an average daily volume of 173,100 shares, the short-interest ratio is currently 3.1 days. Approximately 11.0% of the shares of the company are sold short. View Hovnanian Enterprises' Current Options Chain.

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 J C Penney (JCP), Hertz Global (HTZ), MBIA (MBI), Bank of America (BAC), BlackBerry (BB), Rite Aid (RAD), Freeport-McMoRan (FCX), General Electric (GE), Ollie's Bargain Outlet (OLLI) and Ford Motor (F).

Who are Hovnanian Enterprises' key executives?

Hovnanian Enterprises' management team includes the following 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

What is Hovnanian Enterprises' stock symbol?

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

Who are Hovnanian Enterprises' major shareholders?

Hovnanian Enterprises' stock is owned by many different institutional and retail investors. Top institutional investors include Renaissance Technologies LLC (4.08%), Marshall Wace North America L.P. (2.36%), Credit Suisse AG (0.61%), Spark Investment Management LLC (0.61%), Marshall Wace LLP (0.57%) and Lucas Capital Management (0.25%). View institutional ownership trends for Hovnanian Enterprises.

Which institutional investors are selling Hovnanian Enterprises stock?

HOV stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE, and Lucas Capital Management. View insider buying and selling activity for Hovnanian Enterprises.

Which institutional investors are buying Hovnanian Enterprises stock?

HOV stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Marshall Wace North America L.P., Credit Suisse AG, Spark Investment Management LLC, Marshall Wace LLP, Oxford Asset Management LLP, Bank of New York Mellon Corp, and UBS Group AG. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Hovnanian Enterprises' stock price today?

One share of HOV stock can currently be purchased for approximately $9.61.

How big of a company is Hovnanian Enterprises?

Hovnanian Enterprises has a market capitalization of $58.91 million and generates $2.02 billion in revenue each year. Hovnanian Enterprises employs 1,868 workers across the globe. View additional information about Hovnanian Enterprises.

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 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)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  259 (Thanks for Voting!)
Underperform Votes:  414 (Thanks for Voting!)
Total Votes:  673
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 3/29/2020 by MarketBeat.com Staff

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