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 67.9% and is now trading at $21.51. 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) issued its quarterly earnings data on Thursday, June, 4th. The construction company reported $0.60 earnings per share (EPS) 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.

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 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 brokers have issued twelve-month target prices for Hovnanian Enterprises' stock. Their forecasts range from $27.00 to $27.00. On average, they anticipate Hovnanian Enterprises' share price to reach $27.00 in the next twelve months. This suggests a possible upside of 25.5% from the stock's current price. View analysts' price targets for Hovnanian Enterprises.

Headlines about HOV stock have been trending positive this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative 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 five, with scores closest to five being the most favorable. Hovnanian Enterprises earned a news sentiment score of 2.1 on InfoTrie's scale. They also assigned news articles about the construction company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect 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 during 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 trading volume of 248,100 shares, the days-to-cover ratio is currently 2.5 days. Approximately 13.3% 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), 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 $21.51.

Hovnanian Enterprises has a market capitalization of $131.86 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]