Hovnanian Enterprises, Inc. (HOV)

Market Cap	832.60M
Revenue (ttm)	2.84B
Net Income (ttm)	217.09M
Shares Out	6.08M
EPS (ttm)	29.86
PE Ratio	4.58
Forward PE	4.90
Dividend	n/a
Ex-Dividend Date	n/a

Volume	50,429
Open	136.51
Previous Close	138.72
Day's Range	133.71 - 138.25
52-Week Range	65.22 - 184.42
Beta	2.45
Analysts	Hold
Price Target	155.00 (+13.26%)
Earnings Date	May 22, 2024

About HOV

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. 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, title ins...

• Industry: Residential Construction
• Sector: Consumer Discretionary
• Founded: 1959
• Employees: 1,715
• Stock Exchange: NYSE
• Ticker Symbol: HOV

Financial Performance

In 2023, HOV's revenue was $2.76 billion, a decrease of -5.69% compared to the previous year's $2.92 billion. Earnings were $195.22 million, a decrease of -9.12%.

Analyst Forecast

According to one analyst, the rating for HOV stock is "Hold" and the 12-month stock price forecast is $155.0.

Price Target

$155.0

(13.26% upside)

Analyst Consensus: Hold