Hovnanian Enterprises (NYSE:HOV) Issues Earnings Results

Hovnanian Enterprises (NYSE:HOV) issued its quarterly earnings results on Monday. The construction company reported $3.58 earnings per share for the quarter, topping the consensus estimate of $2.71 by $0.87, Zacks reports. The company had revenue of $673.62 million for the quarter, compared to the consensus estimate of $705.80 million. Hovnanian Enterprises had a net margin of 8.05% and a return on equity of 43.47%. Hovnanian Enterprises updated its Q2 2025 guidance to EPS.

Hovnanian Enterprises Price Performance

NYSE:HOV opened at $106.62 on Tuesday. The company has a quick ratio of 0.34, a current ratio of 1.52 and a debt-to-equity ratio of 0.14. Hovnanian Enterprises has a 52 week low of $106.35 and a 52 week high of $240.34. The stock’s 50-day moving average price is $132.16 and its 200-day moving average price is $171.00. The stock has a market capitalization of $645.55 million, a PE ratio of 3.32 and a beta of 2.71.

Analysts Set New Price Targets

Several research firms have commented on HOV. Zelman & Associates reaffirmed an “underperform” rating on shares of Hovnanian Enterprises in a report on Wednesday, February 12th. Wedbush reaffirmed a “neutral” rating and set a $155.00 target price on shares of Hovnanian Enterprises in a report on Monday, December 16th.

About Hovnanian Enterprises

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.