Hovnanian Enterprises Company Profile (NYSE:HOV)

About Hovnanian Enterprises (NYSE:HOV)

Hovnanian Enterprises logoHovnanian Enterprises, Inc. is a builder of residential homes. The Company designs, constructs, markets and sells single-family detached homes, attached townhomes and condominiums, urban infill and active lifestyle homes in planned residential developments. The Company has two distinct operations: homebuilding and financial services. Its homebuilding operations consist of six segments: Northeast: New Jersey and Pennsylvania; Mid-Atlantic: Delaware, Maryland, Virginia, Washington, District of Columbia, and West Virginia; Midwest: Illinois and Ohio; Southeast: Florida, Georgia and South Carolina; Southwest: Arizona and Texas, and West: California. Its financial services operations provide mortgage loans and title services to the customers of its homebuilding operations. The Company markets and builds homes for first-time buyers, first-time and second-time move-up buyers, luxury buyers, active lifestyle buyers and empty nesters.

Industry, Sector and Symbol:
  • Sector: Construction
  • Industry: Residential Builders - Single Homes
  • Sub-Industry: Homebuilding
  • Symbol: NYSE:HOV
  • CUSIP: 44248720
  • Web: www.khov.com
Capitalization:
  • Market Cap: $253.86 million
  • Outstanding Shares: 147,592,000
Average Prices:
  • 50 Day Moving Avg: $1.98
  • 200 Day Moving Avg: $2.28
  • 52 Week Range: $1.52 - $2.98
P/E:
  • Trailing P/E Ratio: N/A
  • P/E Growth: 0.94
Sales & Book Value:
  • Annual Revenue: $2.54 billion
  • Price / Sales: 0.10
  • Book Value: ($4.11) per share
  • Price / Book: -0.42
Profitability:
  • EBIDTA: $129.77 million
  • Net Margins: -12.69%
  • Return on Equity: -7.10%
  • Return on Assets: 1.18%
Debt:
  • Debt-to-Equity Ratio: -0.30%
  • Current Ratio: 0.82%
  • Quick Ratio: 0.24%
Misc:
  • Average Volume: 1.55 million shs.
  • Beta: 1.66
  • Short Ratio: 5.52
 

Frequently Asked Questions for Hovnanian Enterprises (NYSE:HOV)

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) issued its quarterly earnings results on Thursday, September, 7th. The company reported ($2.28) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.01) by $2.27. The firm had revenue of $592 million for the quarter, compared to the consensus estimate of $584.50 million. Hovnanian Enterprises had a negative net margin of 12.69% and a negative return on equity of 7.10%. The firm's quarterly revenue was down 17.4% on a year-over-year basis. View Hovnanian Enterprises' Earnings History.

When will Hovnanian Enterprises make its next earnings announcement?

Hovnanian Enterprises is scheduled to release their next quarterly earnings announcement on Thursday, December, 14th 2017. View Earnings Estimates for Hovnanian Enterprises.

Where is Hovnanian Enterprises' stock going? Where will Hovnanian Enterprises' stock price be in 2017?

2 brokerages have issued twelve-month target prices for Hovnanian Enterprises' shares. Their forecasts range from $1.30 to $1.30. On average, they anticipate Hovnanian Enterprises' share price to reach $1.30 in the next twelve months. View Analyst Ratings for Hovnanian Enterprises.

Who are some of Hovnanian Enterprises' key competitors?

Who are Hovnanian Enterprises' key executives?

Hovnanian Enterprises' management team includes the folowing people:

  • Ara K. Hovnanian, Chairman of the Board, President, Chief Executive Officer
  • J. Larry Sorsby, Chief Financial Officer, Executive Vice President, Director
  • Lucian Theon Smith III, Chief Operating Officer
  • Robert B. Coutts, Independent Director
  • Edward A. Kangas, Independent Director
  • Joseph A. Marengi, Independent Director
  • Vincent Pagano Jr., Independent Director
  • Stephen D. Weinroth, Independent Director

Who owns Hovnanian Enterprises stock?

Hovnanian Enterprises' stock is owned by many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (3.91%), Renaissance Technologies LLC (3.38%), State Street Corp (1.74%), Dudley & Shanley LLC (1.69%), Northern Trust Corp (1.08%) and TIAA CREF Investment Management LLC (0.82%). View Institutional Ownership Trends for Hovnanian Enterprises.

Who sold Hovnanian Enterprises stock? Who is selling Hovnanian Enterprises stock?

Hovnanian Enterprises' stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Renaissance Technologies LLC, Dudley & Shanley LLC, OxFORD Asset Management LLP, JPMorgan Chase & Co., California State Teachers Retirement System, Nationwide Fund Advisors and Rhumbline Advisers. View Insider Buying and Selling for Hovnanian Enterprises.

Who bought Hovnanian Enterprises stock? Who is buying Hovnanian Enterprises stock?

Hovnanian Enterprises' stock was acquired by a variety of institutional investors in the last quarter, including Mckinley Capital Management LLC Delaware, TIAA CREF Investment Management LLC, Alliancebernstein L.P., Cornerstone Capital Management Holdings LLC., Federated Investors Inc. PA, Canada Pension Plan Investment Board, State Street Corp and GSA Capital Partners LLP. View Insider Buying and Selling for Hovnanian Enterprises.

How do I buy Hovnanian Enterprises stock?

Shares of Hovnanian Enterprises can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Hovnanian Enterprises' stock price today?

One share of Hovnanian Enterprises stock can currently be purchased for approximately $1.72.


MarketBeat Community Rating for Hovnanian Enterprises (NYSE HOV)
Community Ranking:  0.9 out of 5 ()
Outperform Votes:  53 (Vote Outperform)
Underperform Votes:  248 (Vote Underperform)
Total Votes:  301
MarketBeat's community ratings are surveys of what our community members think about Hovnanian Enterprises and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Hovnanian Enterprises (NYSE:HOV) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 1 Hold Rating
Consensus Rating:Hold (Score: 1.50)
Consensus Price Target: $1.30 (24.42% downside)

Analysts' Ratings History for Hovnanian Enterprises (NYSE:HOV)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/5/2017MKM PartnersReiterated RatingNeutralHighView Rating Details
4/14/2017JMP SecuritiesReiterated RatingUnderperform$1.60 -> $1.30LowView Rating Details
6/4/2016Deutsche Bank AGReiterated RatingHoldN/AView Rating Details
(Data available from 9/22/2015 forward)

Earnings

Earnings History for Hovnanian Enterprises (NYSE:HOV)
Earnings by Quarter for Hovnanian Enterprises (NYSE:HOV)
Earnings History by Quarter for Hovnanian Enterprises (NYSE HOV)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
12/6/2017$0.08N/AView Earnings Details
9/7/2017Q3 2017($0.01)($2.28)$584.50 million$592.00 millionViewListenView Earnings Details
6/2/2017Q2 17($0.04)($0.05)$558.55 million$585.90 millionViewN/AView Earnings Details
3/8/2017Q1 2017($0.02)($0.02)$524.33 million$552.00 millionViewListenView Earnings Details
12/8/2016Q416$0.13$0.14$892.67 million$805.07 millionViewListenView Earnings Details
6/2/2016Q216$0.02($0.06)$643.06 million$64.70 millionViewListenView Earnings Details
3/9/2016Q116($0.03)($0.11)$580.31 million$575.60 millionViewN/AView Earnings Details
12/4/2015Q415$0.10$0.16$745.00 million$693.20 millionViewListenView Earnings Details
9/9/2015Q315($0.01)($0.05)$611.95 million$540.60 millionViewListenView Earnings Details
6/9/2015Q215($0.06)($0.13)$533.75 million$468.90 millionViewListenView Earnings Details
3/12/2015Q115($0.06)($0.10)$435.37 million$445.70 millionViewListenView Earnings Details
12/10/2014Q414$0.21$0.20$646.80 million$698.40 millionViewListenView Earnings Details
9/4/2014Q314$0.09$0.11$559.47 million$551.00 millionViewListenView Earnings Details
6/4/2014Q214$0.03($0.05)$476.72 million$449.90 millionViewListenView Earnings Details
3/5/2014Q1($0.04)($0.17)$401.52 million$364.00 millionViewListenView Earnings Details
12/12/2013Q4$0.16$0.21$582.89 million$591.70 millionViewListenView Earnings Details
9/9/2013Q3 2013$0.07$0.06$504.70 million$478.40 millionViewListenView Earnings Details
6/5/2013Q2 2013($0.05)$0.01$408.61 million$423.00 millionViewListenView Earnings Details
3/6/2013Q1 2013($0.10)($0.08)$381.11 million$358.20 millionViewListenView Earnings Details
12/13/2012-0.59($0.06)($0.59)$461.11 million$461.11 millionViewListenView Earnings Details
9/6/2012Q312($0.12)$0.25$386.18 million$387.00 millionViewN/AView Earnings Details
6/6/2012($0.29)$0.02ViewN/AView Earnings Details
3/7/2012($0.43)($0.17)ViewN/AView Earnings Details
12/15/2011($0.43)($0.90)ViewN/AView Earnings Details
9/7/2011($0.52)($0.47)ViewN/AView Earnings Details
6/7/2011($0.51)($0.69)ViewN/AView Earnings Details
12/21/2010($0.66)($1.68)$288.05 million$353.00 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Hovnanian Enterprises (NYSE:HOV)

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Dividend History for Hovnanian Enterprises (NYSE:HOV)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Hovnanian Enterprises (NYSE:HOV)
Insider Ownership Percentage: 15.42%
Institutional Ownership Percentage: 31.04%
Insider Trades by Quarter for Hovnanian Enterprises (NYSE:HOV)
Institutional Ownership by Quarter for Hovnanian Enterprises (NYSE:HOV)
Insider Trades by Quarter for Hovnanian Enterprises (NYSE:HOV)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
4/14/2016Vincent Pagano JrDirectorBuy14,535$1.74$25,290.90View SEC Filing  
10/21/2015Vincent Pagano JrDirectorBuy20,260$2.24$45,382.40View SEC Filing  
4/16/2015Ara K HovnanianCEOSell314,937$3.57$1,124,325.09View SEC Filing  
3/20/2015Thomas J PelleritoCOOSell70,282$3.41$239,661.62View SEC Filing  
3/11/2014Vincent Pagano, Jr.DirectorBuy6,000$4.89$29,340.00View SEC Filing  
1/17/2014Vincent Pagano, Jr.DirectorBuy6,000$5.97$35,820.00View SEC Filing  
1/10/2014Thomas PelleritoCOOSell67,000$6.31$422,770.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Hovnanian Enterprises (NYSE:HOV)
Latest Headlines for Hovnanian Enterprises (NYSE:HOV)
Source:
DateHeadline
prnewswire.com logoResidential Construction Stocks on Investors' Radar -- CalAtlantic ... - PR Newswire (press release)
www.prnewswire.com - September 14 at 8:29 PM
finance.yahoo.com logoEarnings Review and Free Research Report: Toll Brothers Revenue Jumped 18%; EPS Soared 43%
finance.yahoo.com - September 11 at 8:02 PM
americanbankingnews.com logoHovnanian Enterprises Inc (HOV) Downgraded to D at TheStreet
www.americanbankingnews.com - September 11 at 4:31 PM
finance.yahoo.com logoHovnanian Enterprises, Inc. :HOV-US: Earnings Analysis: Q3, 2017 By the Numbers : September 9, 2017
finance.yahoo.com - September 9 at 7:00 PM
finance.yahoo.com logoEdited Transcript of HOV earnings conference call or presentation 7-Sep-17 3:00pm GMT
finance.yahoo.com - September 8 at 12:50 AM
rttnews.com logoEARNINGS SUMMARY: Details of Hovnanian Enterprises Inc. Q3 Earnings Report
www.rttnews.com - September 7 at 7:46 PM
seekingalpha.com logoHovnanian Enterprises, Inc. 2017 Q3 - Results - Earnings Call Slides
seekingalpha.com - September 7 at 7:46 PM
finance.yahoo.com logoInvestor Network: Hovnanian Enterprises, Inc. Class B to Host Earnings Call
finance.yahoo.com - September 7 at 7:46 PM
finance.yahoo.com logoHovnanian Enterprises Reports Fiscal 2017 Third Quarter Results
finance.yahoo.com - September 7 at 7:46 PM
finance.yahoo.com logoHovnanian reports 3Q loss
finance.yahoo.com - September 7 at 7:46 PM
americanbankingnews.com logoHovnanian Enterprises Inc (HOV) Posts Earnings Results, Misses Expectations By $2.27 EPS
www.americanbankingnews.com - September 7 at 12:58 PM
americanbankingnews.com logoHovnanian Enterprises' (HOV) Neutral Rating Reaffirmed at MKM Partners
www.americanbankingnews.com - September 5 at 10:28 PM
bloomberg.com logoHouston's Sudden Labor Crisis Tests the Politics of Immigration
www.bloomberg.com - September 1 at 7:57 PM
americanbankingnews.com logoHovnanian Enterprises Inc (HOV) Scheduled to Post Quarterly Earnings on Thursday
www.americanbankingnews.com - August 31 at 1:20 AM
bloomberg.com logoHurricane Harvey Slams Homebuilder Stocks - Bloomberg - Bloomberg
www.bloomberg.com - August 29 at 12:18 AM
americanbankingnews.com logoFinancial Contrast: Lennar Corporation (LEN) & Hovnanian Enterprises (HOV)
www.americanbankingnews.com - August 27 at 8:24 PM
globenewswire.com logoHovnanian Enterprises Announces Third Quarter Fiscal Year 2017 Earnings Release and Conference Call - GlobeNewswire (press release)
globenewswire.com - August 26 at 6:49 PM
finance.yahoo.com logoHovnanian Enterprises Announces Third Quarter Fiscal Year 2017 Earnings Release and Conference Call
finance.yahoo.com - August 26 at 5:44 AM
americanbankingnews.com logoHovnanian Enterprises (NYSE:HOV) versus Lennar Corporation (LEN) Head to Head Analysis
www.americanbankingnews.com - August 15 at 12:28 AM
americanbankingnews.com logoHovnanian Enterprises Inc (HOV) Rating Lowered to Strong Sell at BidaskClub
www.americanbankingnews.com - August 5 at 7:26 PM
benzinga.com logoPlan now for Winter 2017: Be Part of New 55+ Community in Florida with Resort-at-Home Lifestyle - Benzinga
www.benzinga.com - August 2 at 1:09 AM
americanbankingnews.com logoCritical Review: Hovnanian Enterprises (HOV) and Lennar (LEN.B)
www.americanbankingnews.com - July 31 at 8:26 PM
finance.yahoo.com logoHovnanian Enterprises, Inc. – Value Analysis (NYSE:HOV) : July 31, 2017
finance.yahoo.com - July 31 at 7:01 PM
americanbankingnews.com logoHovnanian Enterprises Inc (NYSE:HOV) Downgraded to "Sell" at BidaskClub
www.americanbankingnews.com - July 29 at 4:10 PM
nasdaq.com logoK. Hovnanian Enterprises, Inc. Announces Expiration of Tender Offers for Certain of Its Senior Secured Notes and ... - Nasdaq
www.nasdaq.com - July 27 at 8:07 PM
finance.yahoo.com logoK. Hovnanian Enterprises, Inc. Announces Expiration of Tender Offers for Certain of Its Senior Secured Notes and Satisfaction and Discharge of Indentures Relating Thereto
finance.yahoo.com - July 27 at 8:07 PM
americanbankingnews.com logoHovnanian Enterprises (HOV) & M.D.C. Holdings (MDC) Financial Comparison
www.americanbankingnews.com - July 27 at 10:35 AM
benzinga.com logoNew North Palm Beach Community Now Open - Benzinga
www.benzinga.com - July 25 at 7:53 PM
americanbankingnews.com logoM/I Homes (MHO) & Hovnanian Enterprises (HOV) Head-To-Head Contrast
www.americanbankingnews.com - July 23 at 10:20 AM
americanbankingnews.com logoCritical Survey: Hovnanian Enterprises (NYSE:HOV) versus Meritage Corporation (MTH)
www.americanbankingnews.com - July 21 at 8:34 AM
seekingalpha.com logoHovnanian At Risk - Seeking Alpha
seekingalpha.com - July 20 at 11:01 PM
americanbankingnews.com logoHead to Head Survey: Hovnanian Enterprises (HOV) vs. NVR (NVR)
www.americanbankingnews.com - July 19 at 12:15 AM
finance.yahoo.com logoHovnanian Enterprises, Inc. breached its 50 day moving average in a Bearish Manner : HOV-US : July 17, 2017
finance.yahoo.com - July 18 at 12:36 AM
americanbankingnews.com logoHovnanian Enterprises Inc (HOV) Lowered to "Hold" at BidaskClub
www.americanbankingnews.com - July 16 at 2:06 PM
americanbankingnews.com logoHovnanian Enterprises (NYSE:HOV) vs. M.D.C. Holdings (MDC) Head-To-Head Contrast
www.americanbankingnews.com - July 15 at 4:08 PM
finance.yahoo.com logoK. Hovnanian Enterprises, Inc. -- Moody's Publishes Covenant Quality Assessment for K. Hovnanian Enterprises, Inc. Bond Offering
finance.yahoo.com - July 13 at 9:15 PM
globenewswire.com logoK. Hovnanian Enterprises, Inc. Announces New Senior Notes Offering - GlobeNewswire (press release)
globenewswire.com - July 12 at 9:07 PM
reuters.com logoBRIEF-Hovnanian announces completion of early tender period
www.reuters.com - July 11 at 11:05 PM
finance.yahoo.com logoK. Hovnanian Announces Completion of Early Tender Period in Respect of the Tender Offer for Its 10.000% Senior Secured Notes Due 2018, Extension of Early Tender Period in Respect of the Tender Offers for Its 9.125% Senior Secured Notes Due 2020 and 7.250% Senior Secured Notes Due 2020, and Extension of Expiration Time
finance.yahoo.com - July 11 at 11:04 PM
finance.yahoo.com logoK. Hovnanian Enterprises, Inc. Announces New Senior Notes Offering
finance.yahoo.com - July 11 at 11:04 PM
finance.yahoo.com logoK. Hovnanian Enterprises, Inc. -- Moody's Rates Hovnanian's Secured Notes Caa2, changes outlook to stable
finance.yahoo.com - July 11 at 11:04 PM
finance.yahoo.com logoETFs with exposure to Hovnanian Enterprises, Inc. : July 4, 2017
finance.yahoo.com - July 5 at 8:04 AM
marketwatch.com logoStocks Under Scanner in the Residential Construction Space -- Hovnanian Enterprises, Lennar, Taylor Morrison Home, and TRI Pointe
www.marketwatch.com - June 27 at 5:55 PM
prnewswire.com logoStocks Under Scanner in the Residential Construction Space -- Hovnanian Enterprises, Lennar, Taylor Morrison Home ... - PR Newswire (press release)
www.prnewswire.com - June 27 at 5:55 PM
globenewswire.com logoK. Hovnanian Enterprises, Inc. Announces Tender Offers and Consent Solicitations - GlobeNewswire (press release)
globenewswire.com - June 26 at 7:30 PM
finance.yahoo.com logoK. Hovnanian Enterprises, Inc. Announces Tender Offers and Consent Solicitations
finance.yahoo.com - June 26 at 7:30 PM
finance.yahoo.com logoETFs with exposure to Hovnanian Enterprises, Inc. : June 22, 2017
finance.yahoo.com - June 23 at 5:53 AM
finance.yahoo.com logoHovnanian Enterprises, Inc. breached its 50 day moving average in a Bullish Manner : HOV-US : June 20, 2017
finance.yahoo.com - June 20 at 3:15 PM
finance.yahoo.com logoTesla jumps on report of China deal, homebuilder shares rise after Lennar beat, McDonald's upgraded
finance.yahoo.com - June 20 at 3:15 PM
americanbankingnews.com logoHovnanian Enterprises (HOV) & CalAtlantic Group (CAA) Head-To-Head Survey
www.americanbankingnews.com - June 18 at 7:18 AM

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Chart

Hovnanian Enterprises (HOV) Chart for Friday, September, 22, 2017

This page was last updated on 9/22/2017 by MarketBeat.com Staff