Wedbush initiated coverage on Hovnanian with a new price target
$HOV
Homebuilding
Consumer Discretionary
Wedbush initiated coverage of Hovnanian with a rating of Neutral and set a new price target of $155.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/16/2024 | $155.00 | Neutral | Wedbush |
4 - HOVNANIAN ENTERPRISES INC (0000357294) (Issuer)
4 - HOVNANIAN ENTERPRISES INC (0000357294) (Issuer)
4 - HOVNANIAN ENTERPRISES INC (0000357294) (Issuer)
Wedbush initiated coverage of Hovnanian with a rating of Neutral and set a new price target of $155.00
13% Increase in Total Revenues Income Before Income Taxes Increased 22% Year-Over-Year 7% Year-Over-Year Quarterly Growth in Consolidated Contracts Total Consolidated Lots Controlled Increased 29% Year-Over-Year MATAWAN, N.J., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE:HOV), a leading national homebuilder, reported results for its fiscal first quarter ended January 31, 2025. RESULTS FOR THE THREE-MONTHS ENDED JANUARY 31, 2025: Total revenues increased 13.4% to $673.6 million in the first quarter of fiscal 2025, compared with $594.2 million in the same quarter of the prior year.Sale of homes revenues increased 12.8% to $646.9 million (1,254 homes) in the fiscal 2
MATAWAN, N.J., Feb. 10, 2025 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE:HOV), a leading national homebuilder, will release financial results for the first quarter ended January 31, 2025, the morning of Monday, February 24, 2025. The Company will webcast its first quarter earnings conference call at 11:00 a.m. (ET) on Monday, February 24, 2025. The conference call and accompanying slide presentation will be webcast live through the "Investor Relations" section of Hovnanian Enterprises' website at http://www.khov.com. It is suggested that participants access the webcast event page at least five minutes before the live event. For those who are not available to listen to the live w
Full Year Income Before Income Taxes Increased 24% Year-Over-Year44% Year-Over-Year Quarterly Growth in Consolidated ContractsTotal Consolidated Lots Controlled Increased 32% Year-Over-Year47% Year-Over-Year Growth in Annual Land and Land Development Spend MATAWAN, N.J., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE:HOV), a leading national homebuilder, reported results for its fiscal fourth quarter and year ended October 31, 2024. RESULTS FOR THE THREE-MONTHS AND FULL YEAR ENDED OCTOBER 31, 2024: Total revenues, adjusted homebuilding gross margin and total SG&A as a percentage of total revenues for the full year ended October 31, 2024, were within our
10-Q - HOVNANIAN ENTERPRISES INC (0000357294) (Filer)
8-K - HOVNANIAN ENTERPRISES INC (0000357294) (Filer)
8-K - HOVNANIAN ENTERPRISES INC (0000357294) (Filer)
13% Increase in Total Revenues Income Before Income Taxes Increased 22% Year-Over-Year 7% Year-Over-Year Quarterly Growth in Consolidated Contracts Total Consolidated Lots Controlled Increased 29% Year-Over-Year MATAWAN, N.J., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE:HOV), a leading national homebuilder, reported results for its fiscal first quarter ended January 31, 2025. RESULTS FOR THE THREE-MONTHS ENDED JANUARY 31, 2025: Total revenues increased 13.4% to $673.6 million in the first quarter of fiscal 2025, compared with $594.2 million in the same quarter of the prior year.Sale of homes revenues increased 12.8% to $646.9 million (1,254 homes) in the fiscal 2
MATAWAN, N.J., Feb. 10, 2025 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE:HOV), a leading national homebuilder, will release financial results for the first quarter ended January 31, 2025, the morning of Monday, February 24, 2025. The Company will webcast its first quarter earnings conference call at 11:00 a.m. (ET) on Monday, February 24, 2025. The conference call and accompanying slide presentation will be webcast live through the "Investor Relations" section of Hovnanian Enterprises' website at http://www.khov.com. It is suggested that participants access the webcast event page at least five minutes before the live event. For those who are not available to listen to the live w
Full Year Income Before Income Taxes Increased 24% Year-Over-Year44% Year-Over-Year Quarterly Growth in Consolidated ContractsTotal Consolidated Lots Controlled Increased 32% Year-Over-Year47% Year-Over-Year Growth in Annual Land and Land Development Spend MATAWAN, N.J., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE:HOV), a leading national homebuilder, reported results for its fiscal fourth quarter and year ended October 31, 2024. RESULTS FOR THE THREE-MONTHS AND FULL YEAR ENDED OCTOBER 31, 2024: Total revenues, adjusted homebuilding gross margin and total SG&A as a percentage of total revenues for the full year ended October 31, 2024, were within our
MATAWAN, N.J., June 20, 2023 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE:HOV), a leading national homebuilder, announced that J. Larry Sorsby, Executive Vice President and Chief Financial Officer, intends to retire from the Company effective October 31, 2023. Mr. Sorsby will continue to serve the Company in his role as a member of the Board of Directors. "When reminiscing about Larry's 35 years of service, I am overwhelmed by all the ways both big and small that he contributed to our Company. His vast knowledge of the homebuilding industry and his financial acumen, particularly his understanding of the capital markets, vaults him to the top of a list of the best chief financial