Q2 Earnings Estimate for HOV Issued By Wedbush

Hovnanian Enterprises, Inc. (NYSE:HOV - Free Report) - Equities research analysts at Wedbush issued their Q2 2025 earnings per share (EPS) estimates for shares of Hovnanian Enterprises in a research report issued on Monday, February 24th. Wedbush analyst J. Mccanless expects that the construction company will earn $2.45 per share for the quarter. Wedbush currently has a "Neutral" rating and a $155.00 target price on the stock. Wedbush also issued estimates for Hovnanian Enterprises' Q3 2025 earnings at $3.05 EPS, Q4 2025 earnings at $3.88 EPS, FY2025 earnings at $12.87 EPS and FY2026 earnings at $14.01 EPS.

Hovnanian Enterprises (NYSE:HOV - Get Free Report) last posted its quarterly earnings results on Thursday, February 27th. The construction company reported $3.58 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.71 by $0.87. Hovnanian Enterprises had a return on equity of 43.47% and a net margin of 8.05%. The business had revenue of $673.62 million for the quarter, compared to the consensus estimate of $705.80 million.

Separately, Zelman & Associates reaffirmed an "underperform" rating on shares of Hovnanian Enterprises in a research report on Wednesday, February 12th.

Hovnanian Enterprises Stock Up 0.5 %

Shares of HOV traded up $0.55 during midday trading on Thursday, reaching $101.79. 81,989 shares of the stock were exchanged, compared to its average volume of 76,502. Hovnanian Enterprises has a 52 week low of $100.50 and a 52 week high of $240.34. The company's 50 day moving average is $129.53 and its two-hundred day moving average is $168.87. The company has a market capitalization of $616.34 million, a P/E ratio of 3.17 and a beta of 2.71. The company has a current ratio of 1.52, a quick ratio of 0.34 and a debt-to-equity ratio of 0.14.

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Institutional Investors Weigh In On Hovnanian Enterprises

A number of institutional investors have recently added to or reduced their stakes in HOV. Philadelphia Financial Management of San Francisco LLC bought a new stake in Hovnanian Enterprises during the third quarter valued at about $17,449,000. Forager Capital Management LLC raised its stake in Hovnanian Enterprises by 61.6% in the fourth quarter. Forager Capital Management LLC now owns 189,068 shares of the construction company's stock valued at $25,301,000 after buying an additional 72,068 shares during the last quarter. Brightline Capital Management LLC raised its stake in Hovnanian Enterprises by 68.8% in the third quarter. Brightline Capital Management LLC now owns 81,000 shares of the construction company's stock valued at $16,554,000 after buying an additional 33,000 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in Hovnanian Enterprises by 92.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 49,967 shares of the construction company's stock valued at $10,212,000 after buying an additional 23,990 shares during the last quarter. Finally, Cubist Systematic Strategies LLC raised its stake in Hovnanian Enterprises by 3,566.3% in the fourth quarter. Cubist Systematic Strategies LLC now owns 21,741 shares of the construction company's stock valued at $2,909,000 after buying an additional 21,148 shares during the last quarter. Institutional investors own 65.40% of the company's stock.

Hovnanian Enterprises Company Profile

Hovnanian Enterprises, Inc, through its subsidiaries, designs, constructs, markets, and sells 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.