NYSE:HOV

Hovnanian Enterprises - HOV Stock Forecast, Price & News

$47.92

-2.17 (-4.33%)

(As of 08/17/2022 12:00 AM ET)

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Today's Range: $47.47
▼
$49.27
50-Day Range: $40.22
▼
$58.17
52-Week Range: $39.69
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$133.99

Volume: 28,603 shs
Average Volume: 93,933 shs
Market Capitalization: $302.47 million

P/E Ratio: 1.87
Dividend Yield: N/A
Price Target: N/A

About Hovnanian Enterprises (NYSE:HOV) Stock

Hovnanian Enterprises, Inc. engages in the design, construction, marketing, and sale of residential homes in the United States. It offers single-family detached homes, attached townhomes and condominiums, urban infill, and active lifestyle homes with amenities, such as clubhouses, swimming pools, tennis courts, tot lots, and open areas. 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. It also provides mortgage loans and title insurance services. The company was founded in 1959 and is headquartered in Matawan, New Jersey.

Hovnanian Enterprises Price Performance

Shares of HOV traded down $2.17 during mid-day trading on Wednesday, reaching $47.92. The company had a trading volume of 28,603 shares, compared to its average volume of 93,933. Hovnanian Enterprises has a twelve month low of $39.69 and a twelve month high of $133.99. The company has a debt-to-equity ratio of 1.59, a current ratio of 1.16 and a quick ratio of 0.28. The company's 50-day moving average is $46.69 and its 200-day moving average is $58.70. The company has a market capitalization of $302.47 million, a P/E ratio of 1.96 and a beta of 2.38.

Hovnanian Enterprises (NYSE:HOV - Get Rating) last released its quarterly earnings results on Wednesday, June 1st. The construction company reported $9.29 earnings per share for the quarter. Hovnanian Enterprises had a return on equity of 373.51% and a net margin of 6.76%. The firm had revenue of $702.54 million during the quarter. On average, equities analysts anticipate that Hovnanian Enterprises will post 29.25 EPS for the current year.

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HOV Stock News Headlines

August 10, 2022 | marketwatch.com

Hovnanian Enterprises HOV Technical Pivots with Risk Controls

August 6, 2022 | nasdaq.com

Hovnanian Enterprises (NYSE:HOV) shareholders have earned a 105% CAGR over the last three years

July 30, 2022 | morningstar.com

Hovnanian Enterprises Inc Stock Quote HOV

June 3, 2022 | finance.yahoo.com

Should You Be Excited About Hovnanian Enterprises, Inc.'s (NYSE:HOV) 73% Return On Equity?

June 1, 2022 | investing.com

Hovnanian Enterprises Reports Q2 EPS of $8.39

June 1, 2022 | seekingalpha.com

Hovnanian Enterprises, Inc. (HOV) CEO Ara Hovnanian on Q2 2022 Results - Earnings Call Transcript

May 28, 2022 | seekingalpha.com

Rising Rates Make Hovnanian's Debt A Concern

May 18, 2022 | finance.yahoo.com

Hovnanian Enterprises Announces Second Quarter Fiscal Year 2022 Earnings Release and Conference Call

May 4, 2022 | finance.yahoo.com

Investors in Hovnanian Enterprises (NYSE:HOV) have made a impressive return of 201% over the past three years

May 1, 2022 | realmoney.thestreet.com

Hovnanian Enterprises, Inc. Class A

April 10, 2022 | finance.yahoo.com

If You Like EPS Growth Then Check Out Hovnanian Enterprises (NYSE:HOV) Before It's Too Late

March 11, 2022 | marketwatch.com

How the price action of Hovnanian Enterprises (HOV) is used to our Advantage

March 3, 2022 | benzinga.com

Hovnanian Enterprises Q1 EPS $3.07 Up From $2.75 YoY, Sales $565.30M Down From $574.66M YoY

March 1, 2022 | apnews.com

Hovnanian: Fiscal Q1 Earnings Snapshot

March 1, 2022 | finance.yahoo.com

Hovnanian Enterprises Reports Fiscal 2022 First Quarter Results

February 22, 2022 | money.usnews.com

Hovnanian Enterprises, Inc. - Ordinary Shares - Class A

February 15, 2022 | finance.yahoo.com

Hovnanian Enterprises Announces First Quarter Fiscal Year 2022 Earnings Release And Conference Call

January 31, 2022 | nasdaq.com

We Think Hovnanian Enterprises (NYSE:HOV) Is Taking Some Risk With Its Debt

January 24, 2022 | finance.yahoo.com

Miriam Hernandez-Kakol Appointed to the Board of Directors of Hovnanian Enterprises, Inc.

January 10, 2022 | finance.yahoo.com

The Return Trends At Hovnanian Enterprises (NYSE:HOV) Look Promising

January 7, 2022 | finance.yahoo.com

U.S. Jobless Rate Falls as Wages Jump, Adding Pressure on Fed

January 7, 2022 | nasdaq.com

Hovnanian Enterprises, Inc. - Class B (HOVVB)

December 31, 2021 | nasdaq.com

Hovnanian Enterprises' (NYSE:HOV) investors will be pleased with their fantastic 603% return over the last three years

December 11, 2021 | benzinga.com

Hovnanian Enterprises Q4 EPS $7.41 Up From $5.54 YoY, Sales $814.30M Up From $683.36M YoY

November 29, 2021 | finance.yahoo.com

Hovnanian Enterprises Announces Fiscal Year 2021 Earnings Release and Conference Call

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30 days | 90 days | 365 days | Advanced Chart

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HOV Company Calendar

Last Earnings: 6/01/2022
Today: 8/17/2022
Next Earnings (Estimated): 9/08/2022
Fiscal Year End: 10/31/2022

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Operative builders
Sub-Industry: Homebuilding
Sector: Construction
Current Symbol: NYSE:HOV
CUSIP: 44248720
CIK: 357294
Web: www.khov.com
Phone: (732) 747-7800
Fax: 732-747-7159
Employees: 1,784
Year Founded: 1959

Profitability

EPS (Most Recent Fiscal Year): $25.59
Trailing P/E Ratio: 1.87
Forward P/E Ratio: 1.64
P/E Growth: N/A
Net Income: $607.82 million
Net Margins: 6.76%
Pretax Margin: 9.22%
Return on Equity: 373.51%
Return on Assets: 8.42%

Debt

Debt-to-Equity Ratio: 1.59
Current Ratio: 1.16
Quick Ratio: 0.28

Sales & Book Value

Annual Sales: $2.78 billion
Price / Sales: 0.11
Cash Flow: $23.04 per share
Price / Cash Flow: 2.08
Book Value: $6.41 per share
Price / Book: 7.48

Miscellaneous

Outstanding Shares: 6,312,000
Free Float: 5,101,000
Market Cap: $302.47 million
Optionable: Optionable
Beta: 2.38

Social Links

Key Executives

Mr. Ara K. Hovnanian (Age 65)
Pres, CEO & Chairman
Comp: $9.08M
Mr. J. Larry Sorsby (Age 67)
Exec. VP, CFO & Director
Comp: $4.44M
Mr. Brad G. O'Connor (Age 52)
Sr. VP, Treasurer & Chief Accounting Officer
Comp: $1.28M
Mr. Paul Marabella
Chief Information Officer & VP
Mr. Jeffrey T. O'Keefe
VP of Investor Relations
Elizabeth D. Tice
VP, Corp. Counsel & Sec.
Mr. Alexander Hovnanian
Exec. VP of National Homebuilding Operations
Mr. Daniel A. Klinger (Age 56)
Pres of K Hovnanian American Mortgage LLC
Mr. Joseph F. Riggs
Group Pres
Mr. Michael P. Kehoe
Pres of Eastern Title Agency and Affiliated Title Agencies

Key Competitors

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Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

HOV Stock - Frequently Asked Questions

How have HOV shares performed in 2022?: Hovnanian Enterprises' stock was trading at $127.29 at the beginning of the year. Since then, HOV shares have decreased by 62.4% and is now trading at $47.92.
View the best growth stocks for 2022 here.
When is Hovnanian Enterprises' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, September 8th 2022.
View our HOV earnings forecast.
How were Hovnanian Enterprises' earnings last quarter?: Hovnanian Enterprises, Inc. (NYSE:HOV) posted its quarterly earnings data on Wednesday, June, 1st. The construction company reported $9.29 earnings per share (EPS) for the quarter. The construction company had revenue of $702.54 million for the quarter. Hovnanian Enterprises had a trailing twelve-month return on equity of 373.51% and a net margin of 6.76%.
When did Hovnanian Enterprises' stock split?: Hovnanian Enterprises shares 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 market closes on Friday, March 29th 2019. An investor that had 100 shares of stock prior to the reverse split would have 4 shares after the split.
What guidance has Hovnanian Enterprises issued on next quarter's earnings?: Hovnanian Enterprises issued an update on its third quarter 2022 earnings guidance on Wednesday, June, 29th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $780.00 million-$830.00 million.
What is Ara K. Hovnanian's approval rating as Hovnanian Enterprises' CEO?: 118 employees have rated Hovnanian Enterprises Chief Executive Officer Ara K. Hovnanian on Glassdoor.com. Ara K. Hovnanian has an approval rating of 74% among the company's employees.

What other stocks do shareholders of Hovnanian Enterprises own?: 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), Callon Petroleum (CPE), Freeport-McMoRan (FCX), Energy Transfer (ET), General Electric (GE), JetBlue Airways (JBLU) and
What is Hovnanian Enterprises' stock symbol?: Hovnanian Enterprises trades on the New York Stock Exchange (NYSE) under the ticker symbol "HOV."
Who are Hovnanian Enterprises' major shareholders?: Hovnanian Enterprises' stock is owned by many different retail and institutional investors. Top institutional shareholders include DG Capital Management LLC (4.68%), Renaissance Technologies LLC (4.15%), Woodson Capital Management LP (2.59%), Park West Asset Management LLC (2.45%), State Street Corp (1.65%) and Intrinsic Edge Capital Management LLC (1.27%). Insiders that own company stock include Ara K Hovnanian and Ara K Hovnanian.
View institutional ownership trends.
How do I buy shares of Hovnanian Enterprises?: Shares of HOV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Hovnanian Enterprises' stock price today?: One share of HOV stock can currently be purchased for approximately $47.92.
How much money does Hovnanian Enterprises make?: Hovnanian Enterprises (NYSE:HOV) has a market capitalization of $302.47 million and generates $2.78 billion in revenue each year. The construction company earns $607.82 million in net income (profit) each year or $25.59 on an earnings per share basis.
How many employees does Hovnanian Enterprises have?: The company employs 1,784 workers across the globe.
When was Hovnanian Enterprises founded?: Hovnanian Enterprises was founded in 1959.
How can I contact Hovnanian Enterprises?: Hovnanian Enterprises' mailing address is 90 Matawan Road 5th Floor, Matawan NJ, 07747. The official website for the company is www.khov.com. The construction company can be reached via phone at (732) 747-7800, via email at jokeefe@khov.com, or via fax at 732-747-7159.

This page (NYSE:HOV) was last updated on 8/17/2022 by MarketBeat.com Staff

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