Earnings Report: Here’s what to expect from Hovnanian Enterprises Stock Forecast, Price & News (NYSE:HOV)

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Earnings results for Hovnanian Enterprises Stock Forecast, Price & News (NYSE:HOV)

Hovnanian Enterprises Inc is expected* to report earnings on 09/03/2020 before market open. The report will be for the fiscal Quarter ending Jul 2020. The reported EPS for the same quarter last year was $-1.27.

Hovnanian Enterprises last released its quarterly earnings data on June 4th, 2020. The construction company reported $0.60 EPS for the quarter. The business earned $538.35 million during the quarter. Hovnanian Enterprises has generated $0.00 earnings per share over the last year. Hovnanian Enterprises has confirmed that its next quarterly earnings report will be published on Thursday, September 3rd, 2020.

Analyst Opinion on Hovnanian Enterprises Stock Forecast, Price & News (NYSE:HOV)

1 Wall Street analysts have issued ratings and price targets for Hovnanian Enterprises in the last 12 months. Their average twelve-month price target is $27.00, predicting that the stock has a possible downside of 21.17%. The high price target for HOV is $27.00 and the low price target for HOV is $27.00. There are currently 1 hold rating for the stock, resulting in a consensus rating of “Hold.”

Hovnanian Enterprises has received a consensus rating of Hold. The company’s average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings. According to analysts’ consensus price target of $27.00, Hovnanian Enterprises has a forecasted downside of 21.2% from its current price of $34.25. Hovnanian Enterprises has received no research coverage in the past 90 days.

Dividend Strength: Hovnanian Enterprises Stock Forecast, Price & News (NYSE:HOV)

Hovnanian Enterprises does not currently pay a dividend. Hovnanian Enterprises does not have a long track record of dividend growth.

Insiders buying/selling: Hovnanian Enterprises Stock Forecast, Price & News (NYSE:HOV)

In the past three months, Hovnanian Enterprises insiders have not sold or bought any company stock. Only 20.24% of the stock of Hovnanian Enterprises is held by insiders. Only 28.37% of the stock of Hovnanian Enterprises is held by institutions.

Earnings and Valuation of Hovnanian Enterprises Stock Forecast, Price & News (NYSE:HOV

The P/E ratio of Hovnanian Enterprises is -13.92, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Hovnanian Enterprises is -13.92, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

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