Hovnanian Enterprises
HOV
About: Hovnanian Enterprises Inc conducts all of its homebuilding and financial services operations . The company designs, constructs, markets, and sells single-family detached homes, attached townhomes and condominiums, urban infill, and active lifestyle homes in planned residential developments. It has two distinct operations: homebuilding and financial services. Its homebuilding operations are divided geographically into three segments; Northeast which includes Delaware, Maryland, New Jersey, Ohio, Pennsylvania, Virginia and West Virginia; Southeast which includes Florida, Georgia and South Carolina; and West which includes Arizona, California and Texas. The firm generates maximum revenue from West Segment.
Employees: 1,878
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
100% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 2 (+1) [Q2]
35% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 20
4% more funds holding
Funds holding: 149 [Q1] → 155 (+6) [Q2]
6% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 48
0.49% more ownership
Funds ownership: 61.35% [Q1] → 61.85% (+0.49%) [Q2]
2% less capital invested
Capital invested by funds: $334M [Q1] → $328M (-$6.2M) [Q2]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Wedbush
Jay McCanless
|
$120
|
Neutral
Reiterated
|
27 Aug 2025 |
Financial journalist opinion
Based on 9 articles about HOV published over the past 30 days