Hovnanian Enterprises Inc (HOV)
NYSE:HOV
HOV Stock Chart & Stats
$104.60
-$1.96(-1.56%)
At close: 4:00 PM EST
$104.60
-$1.96(-1.56%)
Day’s Range― - ―
52-Week Range$85.69 - $162.06
Previous CloseN/A
Volume17.74K
Average Volume (3M)111.16K
Market Cap
$625.37M
Enterprise Value$1.18B
Total Cash (Recent Filing)$349.57M
Total Debt (Recent Filing)$970.67M
Price to Earnings (P/E)8.8
Beta1.38
Next Earnings
Jun 03, 2026EPS Estimate
-2.04Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.62
Shares Outstanding5,153,480
10 Day Avg. Volume121,137
30 Day Avg. Volume111,163
Financial Highlights & Ratios
PEG Ratio-0.16
Price to Book (P/B)0.93
Price to Sales (P/S)0.26
P/FCF Ratio4.67
Enterprise Value/Market Cap1.89
Enterprise Value/Revenue0.40
Enterprise Value/Gross Profit0.72
Enterprise Value/Ebitda9.90
Forecast
1Y Price Target
$74.00Price Target Upside-29.25% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering1
EPS Forecast (FY)0.17
Revenue Forecast (FY)$3.17B
Bulls Say, Bears Say
Bulls Say
Strong Cash GenerationSustained operating cash flow (~$385M TTM) and robust free cash flow (~$358M TTM) provide durable internal funding for land-light execution, working-capital needs and opportunistic deleveraging. Reliable cash conversion increases strategic optionality across housing cycles and supports investment without heavy external financing.
Improved Leverage And Equity BaseMaterial reduction in reported leverage with equity around $836M and markedly lower debt versus prior years strengthens financial flexibility. A cleaner balance sheet reduces interest-rate sensitivity, improves capital allocation freedom and supports a multi-quarter recovery plan and land-light capital strategy execution.
Capital-efficient Land StrategyHigh percentage of optioned lots (86%) and a deliberate reduction in owned lots lowers upfront capital requirements and land price exposure. This capital-efficient footprint lets the company pace deliveries, limit inventory carrying costs, and capture margin upside as the mix shifts to higher‑margin to‑be‑built homes over coming quarters.
Bears Say
Elevated Buyer Incentives Compress MarginsSustained use of large mortgage-rate buydowns and incentives (12.6% of ASP) materially reduces gross margin sustainability and forces reliance on price concessions to preserve volume. If incentives remain elevated, longer-term profitability will be muted and margin recovery dependent on structural market improvement rather than operating gains alone.
Soft Revenue And Delivery TrendsDeclining revenue and a double-digit drop in deliveries indicate weaker demand or paced closings, undermining scale economics. Lower throughput raises SG&A as a percent of sales, slows margin recovery, and lengthens the timeline for translating operational improvements into durable earnings growth across the next several quarters.
Uncertainty Around Durability Of DeleveragingAn apparent mismatch between the annual balance sheet (showing sizable 2025 debt) and the TTM snapshot that reports no debt creates ambiguity about the timing and permanence of deleveraging. If leverage remains episodically higher, interest costs and covenant risk could limit capital deployment and impede the company’s multi‑quarter strategy.
Hovnanian Enterprises News
HOV FAQ
What was Hovnanian Enterprises Inc’s price range in the past 12 months?
Hovnanian Enterprises Inc lowest stock price was $85.69 and its highest was $162.06 in the past 12 months.
What is Hovnanian Enterprises Inc’s market cap?
Hovnanian Enterprises Inc’s market cap is $625.37M.
When is Hovnanian Enterprises Inc’s upcoming earnings report date?
Hovnanian Enterprises Inc’s upcoming earnings report date is Jun 03, 2026 which is in 50 days.
How were Hovnanian Enterprises Inc’s earnings last quarter?
Hovnanian Enterprises Inc released its earnings results on Mar 02, 2026. The company reported $2.62 earnings per share for the quarter, beating the consensus estimate of N/A by $2.62.
Is Hovnanian Enterprises Inc overvalued?
According to Wall Street analysts Hovnanian Enterprises Inc’s price is currently Overvalued.
Does Hovnanian Enterprises Inc pay dividends?
Hovnanian Enterprises Inc does not currently pay dividends.
What is Hovnanian Enterprises Inc’s EPS estimate?
Hovnanian Enterprises Inc’s EPS estimate is -2.04.
How many shares outstanding does Hovnanian Enterprises Inc have?
Hovnanian Enterprises Inc has 5,153,480 shares outstanding.
What happened to Hovnanian Enterprises Inc’s price movement after its last earnings report?
Hovnanian Enterprises Inc reported an EPS of $2.62 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -3.781%.
Which hedge fund is a major shareholder of Hovnanian Enterprises Inc?
Currently, no hedge funds are holding shares in HOV
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Hovnanian Enterprises Stock Smart Score
Underperform
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Analyst Consensus
Moderate Sell
Average Price Target:
$74.00 (-29.25% Downside)
$74.00 (-29.25% Downside)
Blogger Sentiment
Neutral
HOV Sentiment 50%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 1.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.7%
Last 30 Days ▼ 8.5%
Last 30 Days ▼ 8.5%
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
16.05%
12-Months-Change
Fundamentals
Return on Equity
6.81%
Trailing 12-Months
Asset Growth
7.95%
Trailing 12-Months
Company Description
Hovnanian Enterprises Inc
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.
HOV Company Deck
HOV Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call conveyed balanced results: the company beat near-term guidance (notably adjusted EBITDA and pretax income), maintained strong liquidity and improved balance-sheet metrics, and showed operational progress on inventory turnover, shorter cycle times and early contract/traffic momentum. Offsetting these positives, elevated mortgage-rate buydowns and other incentives (12.6% of ASP) materially compressed margins, driving a 24% YoY decline in profit and prompting cautious Q2 guidance. The company is executing a deliberate land-light strategy and shifting toward higher-margin to-be-built homes, which supports expectations for margin recovery in the back half of the year, but near-term earnings remain muted and partially reliant on non-recurring JV gains and sustained incentive deployment.View all HOV earnings summariesHOV Stock 12 Month Forecast
Average Price Target
$74.00
▼(-29.25% Downside)
Technical Analysis
Ownership Overview
11.60% Insiders
11.89% Mutual Funds
14.08% Other Institutional Investors
42.63% Public Companies and
Individual Investors
Options Prices
Currently, No data available
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