Hovnanian Enterprises, Inc. designs, constructs, markets, and sells residential homes in the United States. It constructs single-family detached homes, attached townhomes and condominiums, urban infill, and active lifestyle homes. The company markets its build homes for first-time buyers, first-time and second-time move-up buyers, luxury buyers, active lifestyle buyers, and empty nesters in 130 communities in 24 markets. It also provides financial services comprising originating mortgages from homebuyers and selling such mortgages in the secondary market, as well as offers title insurance services. The company was founded in 1959 and is headquartered in Red Bank, New Jersey.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Operative builders
Sub-IndustryHomebuilding
SectorConstruction
Current SymbolNYSE:HOV
Previous Symbol
CUSIP44248720
Phone732-747-7800
Debt
Debt-to-Equity RatioN/A
Current Ratio0.81
Quick Ratio0.23
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$2.45 billion
Price / Sales0.08
Cash Flow$0.0959 per share
Price / Cash13.04
Book Value($4.04) per share
Price / Book-0.31
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$-332,190,000.00
Net Margins-1.42%
Return on EquityN/A
Return on Assets-1.74%
Miscellaneous
Employees1,905
Outstanding Shares148,380,000
Market Cap$194.38 million
OptionableOptionable
Hovnanian Enterprises (NYSE:HOV) Frequently Asked Questions
What is Hovnanian Enterprises' stock symbol?
Hovnanian Enterprises trades on the New York Stock Exchange (NYSE) under the ticker symbol "HOV."
How were Hovnanian Enterprises' earnings last quarter?
Hovnanian Enterprises, Inc. (NYSE:HOV) announced its quarterly earnings results on Monday, September, 10th. The construction company reported ($0.01) EPS for the quarter, topping the consensus estimate of ($0.04) by $0.03. The construction company earned $456.70 million during the quarter, compared to analysts' expectations of $504.30 million. The firm's revenue for the quarter was down 22.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($2.28) EPS. View Hovnanian Enterprises' Earnings History.
When is Hovnanian Enterprises' next earnings date?
What price target have analysts set for HOV?
2 brokers have issued 1 year target prices for Hovnanian Enterprises' stock. Their predictions range from $1.30 to $1.75. On average, they expect Hovnanian Enterprises' stock price to reach $1.5250 in the next year. This suggests a possible upside of 22.0% from the stock's current price. View Analyst Price Targets for Hovnanian Enterprises.
What is the consensus analysts' recommendation for Hovnanian Enterprises?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hovnanian Enterprises in the last year. There are currently 1 sell rating and 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Hovnanian Enterprises.
Has Hovnanian Enterprises been receiving favorable news coverage?
Press coverage about HOV stock has been trending somewhat positive on Friday, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Hovnanian Enterprises earned a news sentiment score of 1.3 on InfoTrie's scale. They also gave news coverage about the construction company a news buzz of 8.0 out of 10, indicating that recent media coverage is very likely to have an impact on the stock's share price in the near future.
Who are some of Hovnanian Enterprises' key competitors?
Who are Hovnanian Enterprises' key executives?
Hovnanian Enterprises' management team includes the folowing people:
- Mr. Ara K. Hovnanian, Pres, CEO & Chairman (Age 61)
- Mr. J. Larry Sorsby, Exec. VP, CFO & Director (Age 63)
- Mr. Lucian Theon Smith III, Chief Operating Officer (Age 58)
- Mr. Brad G. O'Connor, VP, Chief Accounting Officer & Corp. Controller (Age 48)
- Mr. Paul Marabella, Chief Information Officer & VP
Who are Hovnanian Enterprises' major shareholders?
Hovnanian Enterprises' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.27%), JPMorgan Chase & Co. (3.97%), JPMorgan Chase & Co. (3.97%), Renaissance Technologies LLC (3.90%), Dimensional Fund Advisors LP (0.59%) and Dudley & Shanley Inc. (0.45%). View Institutional Ownership Trends for Hovnanian Enterprises.
Which institutional investors are selling Hovnanian Enterprises stock?
Which institutional investors are buying Hovnanian Enterprises stock?
HOV stock was purchased by a variety of institutional investors in the last quarter, including Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, Bridgeway Capital Management Inc., Virtu Financial LLC, JPMorgan Chase & Co. and JPMorgan Chase & Co.. View Insider Buying and Selling for Hovnanian Enterprises.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is Hovnanian Enterprises' stock price today?
One share of HOV stock can currently be purchased for approximately $1.25.
How big of a company is Hovnanian Enterprises?
Hovnanian Enterprises has a market capitalization of $194.38 million and generates $2.45 billion in revenue each year. Hovnanian Enterprises employs 1,905 workers across the globe.
What is Hovnanian Enterprises' official website?
How can I contact Hovnanian Enterprises?
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]
MarketBeat Community Rating for Hovnanian Enterprises (NYSE HOV)
MarketBeat's community ratings are surveys of what our community members think about Hovnanian Enterprises and other stocks. Vote "Outperform" if you believe HOV will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HOV will underperform the S&P 500 over the long term. You may vote once every thirty days.
