Hovnanian Enterprises - HOV Stock Forecast, Price & News

Hovnanian Enterprises' stock was trading at $127.29 at the start of the year. Since then, HOV stock has decreased by 63.9% and is now trading at $45.91.
View the best growth stocks for 2022 here.

Hovnanian Enterprises saw a increase in short interest in the month of October. As of October 31st, there was short interest totaling 442,000 shares, an increase of 8.3% from the October 15th total of 408,000 shares. Based on an average daily volume of 74,700 shares, the days-to-cover ratio is presently 5.9 days. Approximately 8.9% of the company's stock are short sold.
View Hovnanian Enterprises' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, December 8th 2022.
View our HOV earnings forecast.

Hovnanian Enterprises, Inc. (NYSE:HOV) posted its quarterly earnings data on Thursday, September, 1st. The construction company reported $10.82 EPS for the quarter. The construction company earned $767.59 million during the quarter. Hovnanian Enterprises had a trailing twelve-month return on equity of 215.92% and a net margin of 7.80%.

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.

Hovnanian Enterprises updated its FY 2022 earnings guidance on Thursday, November, 3rd. The company provided earnings per share (EPS) guidance of $28.50-$30.00 for the period. The company issued revenue guidance of $2.80 billion-$3.00 billion.

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.

Based on aggregate information from My MarketBeat watchlists, some companies that other Hovnanian Enterprises investors own include J C Penney (JCP), MBIA (MBI), Bank of America (BAC), Callon Petroleum (CPE), Freeport-McMoRan (FCX), Energy Transfer (ET), General Electric (GE), JetBlue Airways (JBLU) and Oasis Petroleum (OAS).

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

Hovnanian Enterprises' stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (4.79%), Anson Funds Management LP (4.36%), Vanguard Group Inc. (4.20%), Renaissance Technologies LLC (3.56%), State Street Corp (1.62%) and Park West Asset Management LLC (1.35%). Insiders that own company stock include Ara K Hovnanian and Ara K Hovnanian.
View institutional ownership trends.

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.

One share of HOV stock can currently be purchased for approximately $45.91.

Hovnanian Enterprises (NYSE:HOV) has a market capitalization of $293.59 million and generates $2.78 billion in revenue each year. The construction company earns $607.82 million in net income (profit) each year or $29.69 on an earnings per share basis.

The company employs 1,784 workers across the globe.

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.