Hovnanian Enterprises (NYSE:HOV) is scheduled to be releasing its earnings data before the market opens on Thursday, December 9th. Hovnanian Enterprises has set its Q4 2021 guidance at EPS and its FY 2021 guidance at EPS.Persons interested in registering for the company’s earnings conference call can do so using this link.
Hovnanian Enterprises (NYSE:HOV) last released its quarterly earnings results on Thursday, September 9th. The construction company reported $6.72 EPS for the quarter. Hovnanian Enterprises had a negative return on equity of 43.63% and a net margin of 22.47%. The business had revenue of $690.68 million for the quarter.
NYSE:HOV opened at $99.38 on Thursday. Hovnanian Enterprises has a one year low of $30.17 and a one year high of $146.34. The business’s 50-day simple moving average is $90.53 and its 200 day simple moving average is $99.80. The stock has a market cap of $621.62 million, a price-to-earnings ratio of 1.16 and a beta of 2.46.
Institutional investors have recently made changes to their positions in the stock. Royal Bank of Canada increased its holdings in Hovnanian Enterprises by 959.6% in the second quarter. Royal Bank of Canada now owns 498 shares of the construction company’s stock valued at $53,000 after buying an additional 451 shares during the last quarter. BNP Paribas Arbitrage SA increased its holdings in Hovnanian Enterprises by 104.6% in the third quarter. BNP Paribas Arbitrage SA now owns 1,557 shares of the construction company’s stock valued at $150,000 after buying an additional 796 shares during the last quarter. Bank of America Corp DE increased its holdings in Hovnanian Enterprises by 327.9% in the second quarter. Bank of America Corp DE now owns 2,148 shares of the construction company’s stock valued at $228,000 after buying an additional 1,646 shares during the last quarter. Janus Henderson Group PLC bought a new stake in Hovnanian Enterprises in the third quarter valued at about $217,000. Finally, UBS Group AG grew its holdings in shares of Hovnanian Enterprises by 6.7% during the third quarter. UBS Group AG now owns 19,201 shares of the construction company’s stock valued at $1,850,000 after purchasing an additional 1,208 shares during the last quarter. 45.66% of the stock is owned by hedge funds and other institutional investors.
Hovnanian Enterprises Company Profile
Hovnanian Enterprises, Inc is a homebuilding company, which engages in the design, construct, market, and sell single-family attached town homes and condominiums, urban infill, and planned residential developments. It operates through the following segments: Homebuilding Operation, Financial Services, and Corporate.
Featured Article: How to Use the MarketBeat Retirement Calculator