Fiscal Year Earnings Estimate on Hovnanian Enterprises Inc(HOV)

Hovnanian Enterprises Inc(HOV): For the most recent quarter end, Hovnanian Enterprises Inc reported Annual Earnings of $0.2. Based on the filings, last years Annual Earnings was, $0.14. For the most recent quarter end, HOV reported a surprise Earnings per Share of 33.33% . The consensus estimate for current quarter is $0.05 and for the current fiscal year, the estimate is $0.17. For the Next fiscal year, the estimate is $0.2 based on the consensus. Red Bank based Hovnanian Enterprises Inc Last reported the Quarter results on Jan 31, 2017 and the Next earnings date is scheduled to be released on Mar 08, 2017.

Hovnanian Enterprises Inc has received $0.05 as the consensus Earnings Estimate for the Quarter ending on Jan 2017 ,According to the estimate provided by 1 Financial Advisor in the Stock Trading Firms. The EPS growth rate is projected at 266.67%. Hovnanian Enterprises Inc reported better than expected with a surprise EPS of 33.33% or $0.05 during its most recent quarterly earnings. The Actual EPS was $0.2 compared to the Estimated EPS of $0.15. According to the corporate earnings calendar, Hovnanian Enterprises Inc will release next earnings on Mar 08, 2017 with an estimated EPS consensus of $0.05. Based on the consensus of stock financial advisors the stock has a price target of $1.78. Current year estimate on EPS consensus is $0.17.

For Dividend Investing Stock Market Traders Hovnanian Enterprises Inc has a Dividend Yield of 0% with an Annual Dividend of $0. It has a Payout Ratio of 0 and the change in Dividend payout ratio is 0.

Hovnanian Enterprises Last issued its quarterly earnings results on Dec 8, 2016. The company reported $0.14 EPS for the quarter. Analyst had a consensus estimate of $0.14. The company had revenue of $805.10 million for the quarter, compared to analysts expectations of $847.22 million. The companys revenue was up 16.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.16 EPS.

Company has reported several Insider transactions to the SEC, on Apr 18, 2016, Vincent Jr Pagano (director) purchased 14,535 shares at 1.74 per share price.On Apr 20, 2015, Ara K Hovnanian (director officer 10% owner (Chairman of Bd., Pres) sold 314,937 shares at 3.57 per share price.On Mar 23, 2015, Thomas J. Pellerito (Chief Operating Officer) sold 70,282 shares at 3.44 per share price.

Hovnanian Enterprises Inc (NYSE:HOV) witnessed a decline in the market cap on Wednesday as its shares dropped 0.42% or 0.01 points. After the session commenced at $2.36, the stock reached the higher end at $2.42 while it hit a low of $2.33. With the volume soaring to 1,002,314 shares, the last trade was called at $2.37. The company has a 52-week high of $2.96. The company has a market cap of $349 million and there are 147,361,060 shares in outstanding. The 52-week low of the share price is $1.38.

Hovnanian Enterprises, Inc. is one of the nations largest homebuilders. The Companys homes are marketed and sold under the trade names K. Hovnanian Homes, Matzel & Mumford, Brighton Homes, Parkwood Builders, Town & Country Homes, Oster Homes and CraftBuilt Homes. The Company has operations in Arizona, California, Delaware, Florida, Georgia, Illinois, Kentucky, Maryland, Minnesota, New Jersey, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Texas, Virginia and West Virginia. As the developer of K. Hovnanians Four Seasons communities, the Company is also one of the nations largest builders of active adult homes.


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