--- title: "Hovnanian Enterprises (NYSE:HOV) Shares Pass Above Two Hundred Day Moving Average - Here's What Happened" type: "News" locale: "en" url: "https://longbridge.com/en/news/298547825.md" description: "Hovnanian Enterprises (HOV) shares traded above their 200-day moving average of $119.62, reaching a high of $120.64. Despite this technical move, the stock faced negative analyst sentiment, with Citigroup reiterating an 'underperform' rating and Weiss lowering its rating to 'hold (c-)'. The consensus rating is 'Reduce' with a price target of $74.00. Recent earnings missed estimates, reporting a loss of $0.70 EPS against expectations of $0.56. Additionally, CEO Ara Hovnanian sold shares in June." datetime: "2026-09-10T06:40:45.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/298547825.md) - [en](https://longbridge.com/en/news/298547825.md) - [zh-HK](https://longbridge.com/zh-HK/news/298547825.md) generator: "portal-rs" --- # Hovnanian Enterprises (NYSE:HOV) Shares Pass Above Two Hundred Day Moving Average - Here's What Happened Hovnanian Enterprises Inc (NYSE:HOV - Get Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $119.62 and traded as high as $120.64. Hovnanian Enterprises shares last traded at $116.2050, with a volume of 90,214 shares traded. Get **Hovnanian Enterprises** alerts: ## Analyst Upgrades and Downgrades - PulteGroup Wins and Wins More on Interest Rate Cuts HOV has been the topic of a number of recent research reports. Citigroup reiterated a "market underperform" rating on shares of Hovnanian Enterprises in a research note on Friday, August 21st. Weiss Ratings lowered shares of Hovnanian Enterprises from a "hold (c)" rating to a "hold (c-)" rating in a research report on Monday, August 31st. Two investment analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of "Reduce" and a consensus price target of $74.00. **Check Out Our Latest Stock Analysis on Hovnanian Enterprises** ## Hovnanian Enterprises Stock Down 1.8% - It’s Time to Ring the Register on Hovnanian Stock The stock has a market cap of $692.58 million, a price-to-earnings ratio of 122.32 and a beta of 1.83. The firm has a 50 day simple moving average of $128.98 and a two-hundred day simple moving average of $119.62. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.46 and a quick ratio of 0.36. Hovnanian Enterprises (NYSE:HOV - Get Free Report) last issued its earnings results on Thursday, August 20th. The construction company reported ($0.70) EPS for the quarter, missing the consensus estimate of ($0.56) by ($0.14). The firm had revenue of $705.75 million during the quarter, compared to the consensus estimate of $723.50 million. Hovnanian Enterprises had a net margin of 0.64% and a return on equity of 8.64%. During the same period in the previous year, the company posted $1.99 EPS. ## Insider Buying and Selling at Hovnanian Enterprises - Homebuilder Hovnanian Increases Revenue, Raises Full-Year Guidance In related news, CEO Ara Hovnanian sold 12,880 shares of the stock in a transaction dated Monday, June 22nd. The stock was sold at an average price of $125.78, for a total transaction of $1,620,046.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director J Larry Sorsby sold 1,032 shares of the firm's stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $142.57, for a total transaction of $147,132.24. Following the transaction, the director directly owned 187,416 shares of the company's stock, valued at $26,719,899.12. This represents a 0.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 22.67% of the company's stock. ## Institutional Investors Weigh In On Hovnanian Enterprises Large investors have recently made changes to their positions in the stock. Engineers Gate Manager LP bought a new stake in shares of Hovnanian Enterprises in the 2nd quarter valued at about $986,000. Squarepoint Ops LLC acquired a new stake in Hovnanian Enterprises during the second quarter worth approximately $301,000. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in Hovnanian Enterprises during the 2nd quarter worth approximately $1,225,000. California State Teachers Retirement System lifted its holdings in shares of Hovnanian Enterprises by 23,681.0% during the second quarter. California State Teachers Retirement System now owns 711,765 shares of the construction company's stock worth $101,362,000 after buying an additional 708,772 shares in the last quarter. Finally, Public Employees Retirement System of Ohio bought a new stake in Hovnanian Enterprises in the 2nd quarter valued at about $43,000. Institutional investors and hedge funds own 65.40% of the company's stock. ## About Hovnanian Enterprises (Get Free Report) Hovnanian Enterprises, Inc is a publicly traded homebuilding company primarily engaged in the acquisition, development and construction of residential properties. Headquartered in Red Bank, New Jersey, the company operates through a network of regional homebuilding divisions that design and deliver a range of housing solutions, including single-family detached homes, townhomes and condominiums. Hovnanian combines land development, architectural design and construction services with in-house mortgage and insurance offerings to provide a comprehensive homebuying experience. The company markets its communities under several branded product lines tailored to different buyer segments and price points. ## See Also - Five stocks we like better than Hovnanian Enterprises - Qualcomm’s Data Center Bet Looks More Real After Amazon’s AI Deal - GE Aerospace’s $11.75B Deal Puts Howmet Aerospace in Focus - Casey’s Post-Earnings Drop May Give Investors a Better Entry Into a Quality Retailer - Sovereign AI: Palantir and Nebius Cut the Cloud Cord *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.* ## Should You Invest $1,000 in Hovnanian Enterprises Right Now? Before you consider Hovnanian Enterprises, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hovnanian Enterprises wasn't on the list. While Hovnanian Enterprises currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here Continue following MarketBeat Add MarketBeat as your preferred source on Google to see our latest stories in your feed. Add As Preferred Source ### Related Stocks - [HOV.US](https://longbridge.com/en/quote/HOV.US.md) - [PHM.US](https://longbridge.com/en/quote/PHM.US.md) - [C.US](https://longbridge.com/en/quote/C.US.md) - [QCOM.US](https://longbridge.com/en/quote/QCOM.US.md) - [HOVNP.US](https://longbridge.com/en/quote/HOVNP.US.md) - [C-R.US](https://longbridge.com/en/quote/C-R.US.md) ## Related News & Research - [Hovnanian Enterprises Inc (NYSE:HOV) Given Consensus Recommendation of "Reduce" by Analysts](https://longbridge.com/en/news/296602634.md) - [Hovnanian Enterprises Inc $HOV Shares Bought by Empowered Funds LLC](https://longbridge.com/en/news/294576762.md) - [Hovnanian Enterprises (NYSE:HOV) Announces Earnings Results](https://longbridge.com/en/news/296504817.md) - [3 US Housing Stocks Most Exposed To Fed Rate Cuts And Mortgage Moves](https://longbridge.com/en/news/298625139.md) - [Hovnanian Enterprises (HOV) Projected to Release Earnings on Thursday](https://longbridge.com/en/news/295748086.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**