Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Hovnanian Enterprises, Inc. before investing.

In this article, we go over a few key elements for understanding Hovnanian Enterprises, Inc.’s stock price such as:

• Hovnanian Enterprises, Inc.’s current stock price and volume
• Why Hovnanian Enterprises, Inc.’s stock price changed recently
• Upgrades and downgrades for HOV from analysts
• HOV’s stock price momentum as measured by its relative strength

About Hovnanian Enterprises, Inc. (HOV)

Before we jump into Hovnanian Enterprises, Inc.’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

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. The company markets and builds homes for first-time buyers, move-up buyers, luxury buyers, active lifestyle buyers, and empty nesters. It also provides mortgage loans and title services. Hovnanian Enterprises, Inc. was founded in 1959 and is headquartered in Matawan, New Jersey.

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Hovnanian Enterprises, Inc.’s Stock Price as of Market Close

As of February 24, 2025, 4:00 PM, CST, Hovnanian Enterprises, Inc.’s stock price was $106.510.

Hovnanian Enterprises, Inc. is down 12.39% from its previous closing price of $121.570.

During the last market session, Hovnanian Enterprises, Inc.’s stock traded between $106.350 and $119.330. Currently, there are approximately 6.49 million shares outstanding for Hovnanian Enterprises, Inc..

Hovnanian Enterprises, Inc.’s price-earnings (P/E) ratio is currently at 3.8, which is low compared to the Household Durables industry median of 11.2. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Hovnanian Enterprises, Inc. Stock Price History

Hovnanian Enterprises, Inc.’s (HOV) price is currently down 19.55% so far this month.

During the month of February, Hovnanian Enterprises, Inc.’s stock price has reached a high of $138.500 and a low of $106.350.

Over the last year, Hovnanian Enterprises, Inc. has hit prices as high as $240.340 and as low as $115.900. Year to date, Hovnanian Enterprises, Inc.’s stock is down 20.41%.

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What Caused Hovnanian Enterprises, Inc. Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of February 21, 2025, there were analysts who downgraded Hovnanian Enterprises, Inc.’s stock and analysts who upgraded over the last month.

Additionally, you'll want to evaluate Hovnanian Enterprises, Inc.’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Hovnanian Enterprises, Inc.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Hovnanian Enterprises, Inc.’s current valuation based on AAII’s Value Grade is a A, which means it is considered to be Deep Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Hovnanian Enterprises, Inc. (HOV) by visiting AAII Stock Evaluator.

Relative Price Strength of Hovnanian Enterprises, Inc.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of February 21, 2025, Hovnanian Enterprises, Inc. has a weighted four-quarter relative price strength of -13.90%, which translates to a Momentum Score of 17 and is considered to be Very Weak.

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Hovnanian Enterprises, Inc. Stock Price: Bottom Line

As of February 24, 2025, Hovnanian Enterprises, Inc.’s stock price is $106.510, which is down 12.39% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Hovnanian Enterprises, Inc. stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.