NYSE:HOVHovnanian Enterprises Stock Price, Forecast & News

Hovnanian Enterprises' stock was trading at $12.81 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, HOV stock has increased by 72.8% and is now trading at $22.13. 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) released its earnings results on Thursday, December, 5th. The construction company reported ($0.30) EPS 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 net margin of 1.59% and a negative return on equity of 0.54%. View Hovnanian Enterprises' earnings history.

Shares of Hovnanian Enterprises 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 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.

1 brokers have issued 12 month target prices 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 year. This suggests a possible upside of 22.0% from the stock's current price. View analysts' price targets for Hovnanian Enterprises.

Media stories about HOV stock have been trending negative this week, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Hovnanian Enterprises earned a daily sentiment score of -2.8 on InfoTrie's scale. They also assigned headlines about the construction company a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutHovnanian Enterprises.

Hovnanian Enterprises saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 692,700 shares, an increase of 11.8% from the April 30th total of 619,600 shares. Based on an average trading volume of 218,300 shares, the short-interest ratio is currently 3.2 days. Currently, 14.5% of the shares of the company 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), 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). 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."

Hovnanian Enterprises' stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (1.62%), Invesco Ltd. (0.94%), JPMorgan Chase & Co. (0.69%) and Spark Investment Management LLC (0.23%). View institutional ownership trends for Hovnanian Enterprises.

HOV stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., and Spark Investment Management LLC. View insider buying and selling activity for Hovnanian Enterprises.

HOV stock was purchased by a variety of institutional investors in the last quarter, including Invesco Ltd., and BlackRock Inc.. View insider buying and selling activity 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 $22.13.

Hovnanian Enterprises has a market capitalization of $135.66 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]