Hovnanian Enterprises/$HOV

Hovnanian Enterprises shares are trading higher following a strong buy recommendation highlighting its compelling valuation and effective leverage reduction strategy.
14 hours ago·Lightyear AI
13:30
15:10
16:45
18:25
20:00
1D1W1MYTD1Y5YMAX

About Hovnanian Enterprises

Hovnanian Enterprises Inc conducts all of its homebuilding and financial services operations . The company designs, constructs, markets, and sells single-family detached homes, attached townhomes and condominiums, urban infill, and active lifestyle homes in planned residential developments. It has two distinct operations: homebuilding and financial services. Its homebuilding operations are divided geographically into three segments; Northeast which includes Delaware, Maryland, New Jersey, Ohio, Pennsylvania, Virginia and West Virginia; Southeast which includes Florida, Georgia and South Carolina; and West which includes Arizona, California and Texas. The firm generates maximum revenue from West Segment.

Ticker

$HOV

Primary listing

NYSE

Industry

Household Durables

Employees

1,878

ISIN

US4424874018

HOV Metrics

BasicAdvanced
$661M
4.19
$28.18
2.13
-

What the Analysts think about HOV

Analyst ratings (Buy, Hold, Sell) for Hovnanian Enterprises stock.

Bulls say / Bears say

Hovnanian Enterprises has expanded its international footprint by signing a strategic Memorandum of Understanding with Saudi Arabia's NHC, aiming to collaborate on housing initiatives aligned with Saudi Vision 2030. This partnership could open new revenue streams and enhance the company's global presence. (nasdaq.com)
The company reported a 13% increase in total revenues and a 22% rise in income before income taxes in the first quarter of fiscal 2025, indicating strong financial performance and operational efficiency. (globenewswire.com)
Hovnanian Enterprises has been actively reducing its debt, including the early redemption of $27 million of 13.5% Senior Notes due 2026, which could lead to improved financial stability and reduced interest expenses. (globenewswire.com)
The company's net income for the second quarter of fiscal 2025 plunged to $17.06 million from $48.17 million in the prior-year quarter, reflecting a significant decline in profitability. (rttnews.com)
Analysts at Wedbush have reduced their fiscal year 2025 earnings estimates for Hovnanian Enterprises, now expecting earnings per share of $12.04, down from the previous forecast of $12.87, indicating potential concerns about future earnings growth. (etfdailynews.com)
CEO Ara K. Hovnanian has sold significant amounts of company stock, including over $3.8 million in September 2024, which could be perceived as a lack of confidence in the company's future performance. (investing.com)
Data summarised monthly by Lightyear AI. Last updated on 9 Jul 2025.

HOV Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

HOV Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

Buy $HOV

Sign up or log in to buy
Capital at risk
Market closed

Upcoming events

No upcoming events
FAQs