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

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

Shares of Hovnanian Enterprises 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.

Hovnanian Enterprises, Inc. (NYSE:HOV) issued its earnings results on Thursday, December, 5th. The construction company reported ($0.30) EPS for the quarter, missing the Zacks' consensus estimate of $4.13 by $4.43. The construction company earned $713.59 million during the quarter. Hovnanian Enterprises had a negative net margin of 2.09% and a negative return on equity of 0.05%. 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 equities research analysts have issued 1-year price objectives 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 2.2% from the stock's current price. 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 coverage about HOV stock has been trending very positive recently, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Hovnanian Enterprises earned a media sentiment score of 3.8 on InfoTrie's scale. They also gave media stories about the construction company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Hovnanian Enterprises.

Hovnanian Enterprises saw a decline in short interest in the month of December. As of December 31st, there was short interest totalling 698,400 shares, a decline of 5.0% from the December 15th total of 735,300 shares. Based on an average daily trading volume, of 245,500 shares, the days-to-cover ratio is currently 2.8 days. Currently, 15.0% 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), KB Home (KBH), M.D.C. (MDC), Meritage Homes (MTH), 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), BlackBerry (BB), Rite Aid (RAD), Bank of America (BAC), Ollie's Bargain Outlet (OLLI), Freeport-McMoRan (FCX), General Electric (ge) and Axon Enterprise (AAXN).

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 $26.42.

Hovnanian Enterprises has a market capitalization of $161.82 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 1,868 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]