What is Wedbush’s Estimate for HOV Q2 Earnings?

Hovnanian Enterprises, Inc. (NYSE:HOV) – Equities researchers at Wedbush issued their Q2 2025 EPS estimates for shares of Hovnanian Enterprises in a research note issued on Monday, February 24th. Wedbush analyst J. Mccanless forecasts that the construction company will earn $2.45 per share for the quarter. Wedbush has a “Neutral” rating and a $155.00 price target 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.

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, beating the consensus estimate of $2.71 by $0.87. Hovnanian Enterprises had a net margin of 8.05% and a return on equity of 43.47%. The company had revenue of $673.62 million during the quarter, compared to analyst estimates of $705.80 million.

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

Hovnanian Enterprises Stock Performance

Shares of HOV opened at $103.58 on Thursday. Hovnanian Enterprises has a one year low of $103.40 and a one year high of $240.34. The company has a 50-day moving average of $130.82 and a two-hundred day moving average of $170.00. The stock has a market cap of $627.20 million, a price-to-earnings ratio of 3.23 and a beta of 2.71. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.52 and a quick ratio of 0.34.

Institutional Trading of Hovnanian Enterprises

A number of hedge funds have recently made changes to their positions in the stock. Quantbot Technologies LP bought a new position in Hovnanian Enterprises during the fourth quarter valued at approximately $25,000. Allspring Global Investments Holdings LLC bought a new position in shares of Hovnanian Enterprises in the third quarter valued at approximately $33,000. FMR LLC raised its position in shares of Hovnanian Enterprises by 20.6% in the third quarter. FMR LLC now owns 346 shares of the construction company’s stock valued at $71,000 after purchasing an additional 59 shares during the period. KLP Kapitalforvaltning AS bought a new position in shares of Hovnanian Enterprises in the fourth quarter valued at approximately $120,000. Finally, Creative Planning bought a new position in shares of Hovnanian Enterprises in the third quarter valued at approximately $202,000. 65.40% of the stock is owned by hedge funds and other institutional investors.

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.