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

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

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 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, Inc. (NYSE:HOV) posted its quarterly earnings data on Thursday, December, 5th. The construction company reported ($0.30) earnings per share for the quarter, missing the consensus estimate of $4.13 by $4.43. The construction company had revenue of $713.59 million for the quarter. Hovnanian Enterprises had a negative return on equity of 0.05% and a negative net margin of 2.09%. View Hovnanian Enterprises' Earnings History.

Hovnanian Enterprises is scheduled to release their next quarterly earnings announcement on Thursday, March 5th 2020. View Earnings Estimates for Hovnanian Enterprises.

1 brokers have issued 1 year price objectives for Hovnanian Enterprises' stock. Their forecasts range from $27.00 to $27.00. On average, they expect Hovnanian Enterprises' stock price to reach $27.00 in the next twelve months. This suggests that the stock has a possible downside of 5.8%. View Analyst Price Targets for 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.

News stories about HOV stock have been trending negative on Thursday, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public 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 -3.0 on InfoTrie's scale. They also gave media headlines about the construction company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Hovnanian Enterprises.

Hovnanian Enterprises saw a increase in short interest in November. As of November 15th, there was short interest totalling 780,600 shares, an increase of 5.5% from the October 31st total of 740,000 shares. Based on an average daily volume of 288,300 shares, the short-interest ratio is presently 2.7 days. Currently, 17.4% of the shares of the stock are short sold. View Hovnanian Enterprises' Current Options Chain.

Some companies that are related to Hovnanian Enterprises include D. R. Horton (DHI), Lennar (LEN), NVR (NVR), PulteGroup (PHM), Toll Brothers (TOL), KB Home (KBH), Meritage Homes (MTH), M.D.C. (MDC), TRI Pointe Group (TPH), Cavco Industries (CVCO), M/I Homes (MHO) and Beazer Homes USA (BZH).

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), Rite Aid (RAD), Bank of America (BAC), BlackBerry (BB), Ollie's Bargain Outlet (OLLI), Freeport-McMoRan (FCX), Axon Enterprise (AAXN) and General Electric (ge).

Hovnanian Enterprises' stock is owned by a number of of retail and institutional investors. Top institutional investors include Millennium Management LLC (0.43%), Lucas Capital Management (0.27%) and Barclays PLC (0.07%). View Institutional Ownership Trends for Hovnanian Enterprises.

HOV stock was bought by a variety of institutional investors in the last quarter, including Lucas Capital Management, Millennium Management LLC and Barclays PLC. View Insider Buying and Selling for 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.

One share of HOV stock can currently be purchased for approximately $28.67.

Hovnanian Enterprises has a market capitalization of $170.47 million and generates $2.02 billion in revenue each year. The construction company earns $-42,120,000.00 in net income (profit) each year or $0.03 on an earnings per share basis. Hovnanian Enterprises employs 1,851 workers across the globe.View Additional Information About Hovnanian Enterprises.

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

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]