Q2 Earnings Estimate for HOV Issued By Wedbush

Hovnanian Enterprises, Inc. (NYSE:HOV) – Research analysts at Wedbush issued their Q2 2025 earnings per share estimates for shares of Hovnanian Enterprises in a research report issued to clients and investors on Monday, February 24th. Wedbush analyst J. Mccanless expects that the construction company will post earnings per share of $2.45 for the quarter. Wedbush has a “Neutral” rating and a $155.00 price objective 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.

Separately, Zelman & Associates reissued an “underperform” rating on shares of Hovnanian Enterprises in a report on Wednesday, February 12th.

Hovnanian Enterprises Stock Down 2.4 %

HOV opened at $101.22 on Thursday. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.52 and a quick ratio of 0.34. The business has a 50 day simple moving average of $130.19 and a 200-day simple moving average of $169.53. The stock has a market capitalization of $612.87 million, a P/E ratio of 3.15 and a beta of 2.71. Hovnanian Enterprises has a 12 month low of $101.19 and a 12 month high of $240.34.

Hovnanian Enterprises (NYSE:HOV) last posted its quarterly earnings data on Thursday, February 27th. The construction company reported $3.58 earnings per share 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 company had revenue of $673.62 million during the quarter, compared to analysts’ expectations of $705.80 million.

Hedge Funds Weigh In On Hovnanian Enterprises

Several hedge funds have recently bought and sold shares of the stock. Creative Planning purchased a new stake in shares of Hovnanian Enterprises in the third quarter valued at $202,000. Allspring Global Investments Holdings LLC purchased a new stake in shares of Hovnanian Enterprises in the third quarter valued at $33,000. Farther Finance Advisors LLC boosted its holdings in Hovnanian Enterprises by 4,983.7% in the third quarter. Farther Finance Advisors LLC now owns 2,186 shares of the construction company’s stock valued at $447,000 after acquiring an additional 2,143 shares during the last quarter. Olympiad Research LP purchased a new stake in Hovnanian Enterprises during the third quarter valued at about $225,000. Finally, GSA Capital Partners LLP increased its stake in Hovnanian Enterprises by 15.6% during the third quarter. GSA Capital Partners LLP now owns 6,627 shares of the construction company’s stock worth $1,354,000 after acquiring an additional 895 shares during the last quarter. Hedge funds and other 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.