NYSE:HOVHovnanian Enterprises Stock Price, Forecast & News

Hovnanian Enterprises' stock was trading at $12.81 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, HOV shares have increased by 71.6% and is now trading at $21.98. View which stocks have been most impacted by Coronavirus.

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.

Hovnanian Enterprises is scheduled to release its next quarterly earnings announcement on Thursday, September 3rd 2020. View our earnings forecast for Hovnanian Enterprises.

Hovnanian Enterprises, Inc. (NYSE:HOV) posted its quarterly earnings results on Thursday, June, 4th. The construction company reported $0.60 earnings per share for the quarter. The construction company earned $538.35 million during the quarter. Hovnanian Enterprises had a negative return on equity of 3.61% and a negative net margin of 0.65%. View Hovnanian Enterprises' earnings history.

Hovnanian Enterprises's stock reverse split on the morning of 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.

1 brokerages have issued 12 month price targets for Hovnanian Enterprises' shares. Their forecasts range from $27.00 to $27.00. On average, they anticipate Hovnanian Enterprises' stock price to reach $27.00 in the next twelve months. This suggests a possible upside of 22.8% from the stock's current price. View analysts' price targets for Hovnanian Enterprises.

Media coverage about HOV stock has been trending negative this week, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Hovnanian Enterprises earned a news impact score of -2.1 on InfoTrie's scale. They also gave news headlines about the construction company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news about Hovnanian Enterprises.

Hovnanian Enterprises saw a decrease in short interest in the month of June. As of June 30th, there was short interest totaling 623,100 shares, a decrease of 16.0% from the June 15th total of 742,200 shares. Based on an average daily volume of 248,100 shares, the days-to-cover ratio is presently 2.5 days. Currently, 13.3% of the company's shares are sold short. 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), Meritage Homes (MTH), KB Home (KBH), M.D.C. (MDC), TRI Pointe Group (TPH), Cavco Industries (CVCO), M/I Homes (MHO) and Beazer Homes USA (BZH). View all competitors.

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), Freeport-McMoRan (FCX), General Electric (GE), BlackBerry (BB), Rite Aid (RAD), Energy Transfer LP Unit (ET) and Axon Enterprise (AAXN).

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

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 $21.98.

Hovnanian Enterprises has a market capitalization of $134.74 million and generates $2.02 billion in revenue each year. Hovnanian Enterprises employs 1,868 workers across the globe.

The official website for Hovnanian Enterprises is 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]