HOV - Hovnanian Enterprises, Inc.

NYSE - NYSE Delayed Price. Currency in USD
1.67
-0.05 (-2.91%)
At close: 4:02PM EDT
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Previous Close1.72
Open1.72
Bid0.00 x 0
Ask0.00 x 0
Day's Range1.67 - 1.73
52 Week Range1.55 - 3.41
Volume739,046
Avg. Volume1,137,574
Market Cap247.953M
Beta1.11
PE Ratio (TTM)N/A
EPS (TTM)-2.47
Earnings DateSep 5, 2018 - Sep 10, 2018
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est1.52
Trade prices are not sourced from all markets
  • ACCESSWIRE2 days ago

    Breakfast Technical Briefing on KB Home and Three Other Additional Industrial Goods Stocks

    Stock Research Monitor: HOV, CVA, and SRCL LONDON, UK / ACCESSWIRE / July 20, 2018/ If you want a free Stock Review on KBH sign up now at www.wallstequities.com/registration . On Thursday, July 19, 2018, ...

  • GlobeNewswire10 days ago

    K. Hovnanian® Homes to Host National Sales Event July 14th to 29th

    From July 14th through July 29th, buyers can take advantage of amazing opportunities at participating K. Hovnanian® communities located in 48 markets across 14 states.  Exact offers will vary by region, with select communities creating their own unique packages specifically designed for this two week event. The National Sales Event comes more than a decade after K. Hovnanian® Homes hosted its first and only national event which grossed more than 2,100 sales in a three-day period. “This is not a common promotional program for our company,” said Ara Hovnanian, Chairman, President & CEO.

  • The Wall Street Journal13 days ago

    [$$] How Regulators Averted a Debacle in Credit-Default Swaps

    When Blackstone Group LP made a bet that shook confidence in the credit derivatives market, U.S. regulators waged an unusual campaign to pressure the investment firm to back down. The Commodity Futures Trading Commission took an interest last year when Blackstone’s GSO Capital Partners LP disclosed it had taken out insurance on bonds issued by Hovnanian Enterprises Inc., wagering the home builder would default on its debts. Blackstone offered Hovnanian a low-cost loan and persuaded the builder to miss a small interest payment in exchange, which would trigger payouts on $333 million in Blackstone’s credit-insurance contracts and yield the firm tens of millions of dollars, depending on market factors.

  • When Will Hovnanian Enterprises Inc (NYSE:HOV) Turn A Profit?
    Simply Wall St.25 days ago

    When Will Hovnanian Enterprises Inc (NYSE:HOV) Turn A Profit?

    Hovnanian Enterprises Inc’s (NYSE:HOV): Hovnanian Enterprises, Inc. designs, constructs, markets, and sells residential homes in the United States. With the latest financial year loss of -US$332.19m and a trailing-twelve monthRead More...

  • GlobeNewswirelast month

    Bonnie Stone Sellers Appointed to the Board of Directors of Hovnanian Enterprises

    Hovnanian Enterprises, Inc. (HOV), a leading national homebuilder, announced today that Bonnie Stone Sellers has been appointed to its Board of Directors effective immediately. The addition of Ms. Sellers expands Hovnanian’s Board of Directors to eight members, six of whom are independent directors. Ms. Sellers, who brings considerable expertise and over 35 years of global real estate experience, will also serve on the Board of Director’s Audit Committee and Corporate Governance and Nominating Committee.

  • Barrons.comlast month

    Solus Made Money From That CDS Litigation

    The dust is settling from a nasty hedge fund battle over credit-default swaps, enough that observers can now figure out who eked out a profit. The background: GSO Capital Partners, the credit hedge fund within Blackstone Group (BX), bought CDS tied to the debt of home builder Hovnanian Enterprises (HOV). The price of the cheapest outstanding bond set the price for the CDS, which GSO controlled by building supercheap debt. Solus Alternative Asset Management held the opposite position in CDS, and so would have had to pay up, should the CDS be triggered.

  • ACCESSWIRElast month

    Free Pre-Market Technical Recap on D.R. Horton and Three Additional Residential Construction Stocks

    On Friday, June 15, 2018, the NASDAQ Composite, the Dow Jones Industrial Average, and the S&P 500 edged lower at the closing bell. Taking into consideration Friday’s market sentiment, WallStEquities.com assessed the following Residential Construction equities this morning: Beazer Homes USA Inc. (NYSE: BZH), D.R. Horton Inc. (NYSE: DHI), Hovnanian Enterprises Inc. (NYSE: HOV), and KB Home (NYSE: KBH). On Friday, shares in Atlanta, Georgia headquartered Beazer Homes USA Inc. recorded a trading volume of 333,164 shares.

  • ACCESSWIRElast month

    Blog Exposure – AV Homes Gets Acquired by Taylor Morrison

    LONDON, UK / ACCESSWIRE / June 11, 2018 / If you want access to our free research report on AV Homes, Inc. (NASDAQ: AVHI), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=AVHI as the Company's latest news hit the wire. On June 07, 2018, Taylor Morrison Home Corp. (NYSE:TMHC) declared that it has inked a deal to acquire all of the outstanding shares of AV Homes' common stock at $21.50 per share in a cash and stock transaction, including outstanding AV Homes debt valued at approximately $963 million. Active-Investors.com is currently working on the research report for Hovnanian Enterprises, Inc. (NYSE: HOV), which also belongs to the Healthcare sector as the Company AV Homes.

  • Barrons.comlast month

    [$$] Can the Credit-Default-Swap Market Be Fixed?

    Two hedge funds made a mess in a corner of the credit market. Firms including BlueMountain Capital, Citadel, Apollo Global Management, Elliott Management, Anchorage Capital Partners, and CQS have been holed up in Manhattan conference rooms and on calls for months, trying to fix credit-default-swap contracts, people close to the situation say. Maligned in the financial crisis, CDS are drawing scrutiny again.

  • GlobeNewswirelast month

    Hovnanian Enterprises Reports Fiscal 2018 Second Quarter Results

    Increases in Gross Margin Percentage, Contracts per Community and Lots Controlled Lower Community Count Continues to Challenge Results Solus Litigation Dismissed and Concluded Favorably for Hovnanian Company ...

  • GlobeNewswirelast month

    Market Trends Toward New Normal in Gridsum Holding, Wave Life Sciences, KT, BlackBerry, Kosmos Energy, and Hovnanian Enterprises — Emerging Consolidated Expectations, Analyst Ratings

    NEW YORK, June 07, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Gridsum ...

  • Is Hovnanian Enterprises Inc’s (NYSE:HOV) CEO Being Overpaid?
    Simply Wall St.2 months ago

    Is Hovnanian Enterprises Inc’s (NYSE:HOV) CEO Being Overpaid?

    Leading Hovnanian Enterprises Inc (NYSE:HOV) as the CEO, Ara Hovnanian took the company to a valuation of US$275.12M. Understanding how CEOs are incentivised to run and grow their company isRead More...

  • The Wall Street Journal2 months ago

    [$$] Blackstone Stands Down on Hovnanian Swaps Wager

    Inc. following an admonishment from U.S. regulators, ending a standoff with other investors that shook confidence in the multitrillion-dollar credit derivatives market. Blackstone’s GSO Capital Partners LP said Wednesday it was abandoning a complicated plan to collect payments from investors that wrote insurance-like contracts guaranteeing full payment on Hovnanian’s debts. GSO had bought these insurance instruments, known as credit default swaps, which pay out if Hovnanian were to default.

  • The Wall Street Journal2 months ago

    [$$] Scurria's Take: Winner Not Clear in Goldman-Blackstone Swaps Deal

    Inc. recently made peace with Blackstone Group Inc. over a controversial credit derivatives trade, a gentlemen’s agreement of sorts that lets both sides avoid a public confrontation. The deal between Goldman and Blackstone’s GSO Capital Partners LP resolves a high-stakes standoff over credit default swaps tied to Hovnanian, which borrowed money from GSO last year under an unusual arrangement.

  • GlobeNewswire2 months ago

    Research Report Identifies L.B. Foster, AVX, Professional Diversity Network, Park National, Towne Bank, and Hovnanian Enterprises with Renewed Outlook — Fundamental Analysis, Calculating Forward Movement

    NEW YORK, May 25, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of L.B. ...

  • The Wall Street Journal2 months ago

    [$$] Goldman, Blackstone Make Peace in Credit-Derivative Standoff

    Goldman Sachs Group Inc. and Blackstone Group LP recently resolved a monthslong standoff over a controversial derivatives trade that had alarmed regulators and investors in the $11 trillion credit-default swaps market. The Wall Street giants had taken opposite sides of a bet on bonds issued by home builder Hovnanian Enterprises Inc. The trades, engineered by Blackstone’s GSO Capital Partners LP, involved the home builder intentionally skipping a small interest payment earlier this month in exchange for an attractive financing package from the private-equity house. Blackstone had bought insurance against a default, which would allow it to make money from the skipped interest payment.

  • GlobeNewswire2 months ago

    Hovnanian Enterprises Announces Second Quarter Fiscal Year 2018 Earnings Release and Conference Call

    Hovnanian Enterprises, Inc. (HOV), a leading national homebuilder, will release financial results for the second quarter ended April 30, 2018 the morning of Thursday, June 7, 2018. The Company will webcast its second quarter earnings conference call at 11:00 a.m. (ET) on Thursday, June 7, 2018. The conference call and accompanying slide presentation will be webcast live through the “Investor Relations” section of Hovnanian Enterprises’ website at http://www.khov.com.

  • The Wall Street Journal2 months ago

    [$$] Hovnanian Abandons Debt Exchange Ahead of Swap Auction

    Inc. creditors snubbed a bond exchange proposal that could have eased the home builder’s debt load at the expense of credit default swap sellers. New Jersey-based Hovnanian abandoned the proposed $50 million debt exchange after failing to get enough investors to participate. Under a controversial deal with GSO, Hovnanian skipped a $1 million interest payment May 1 on company-issued bonds it repurchased and parked with an affiliate.

  • GlobeNewswire2 months ago

    K. Hovnanian Enterprises, Inc. Announces Expiration of Early Tender Deadline of Exchange Offer and Consent Solicitation

    MATAWAN, N.J., May 14, 2018-- Hovnanian Enterprises, Inc. announced today that, in connection with its wholly-owned subsidiary K. Hovnanian Enterprises, Inc.’ s previously announced private offer to exchange ...

  • Reactions split over California solar panel mandate
    CNBC2 months ago

    Reactions split over California solar panel mandate

    California regulators approve a plan to mandate solar panels on new homes in the state. Some argue it's an investment, while others say the move will only hurt low-income residents.

  • Chastened by past demons, CFTC is quick to call out potential manipulation in credit derivatives
    CNBC2 months ago

    Chastened by past demons, CFTC is quick to call out potential manipulation in credit derivatives

    The Commodity Futures Trading Commission has recently issued a much-needed warning in response to possible manipulation of CDS trades by a couple of the biggest names on Wall Street.

  • CNBC2 months ago

    Chastened by past demons, CFTC is quick to call out potential manipulation in credit derivatives

    As the financial crisis revealed, pockets of unethical behavior by some devils in the mortgage-backed securities market ultimately boomeranged on average homeowners. In April, the regulator called out Blackstone's GSO Capital and Hovnanian Enterprises for what appeared to be a manufactured default and sweetheart deal. The agency's statement was clear in saying that manufactured credit events may constitute market manipulation and may severely damage the integrity of the credit default swap market.

  • GlobeNewswire2 months ago

    Hovnanian Enterprises’ Presentation at the J.P. Morgan Homebuilding and Building Products Conference to Be Webcast Live

    RED BANK, N.J., May 08, 2018-- Hovnanian Enterprises, Inc., a leading national homebuilder, announced that senior management will be presenting at the J.P. Morgan Homebuilding and Building Products Conference ...

  • The Wall Street Journal3 months ago

    [$$] Blackstone Unit Acknowledges Hovnanian Swaps Backlash

    Hovnanian skipped an interest payment due Tuesday on bonds it repurchased and parked with an affiliate, opening the door for GSO to collect payouts on credit-default swaps that insure against nonpayment. It will be up to an International Swaps and Derivatives Association committee whether the default triggers credit-default-swaps contracts tied to Hovnanian debt. The nonpayment was required of the home-building company under a sweetheart-lending deal with GSO featuring off-market debt designed to maximize the payday.

  • GlobeNewswire3 months ago

    K. Hovnanian Enterprises, Inc. Announces Amendments to Exchange Offer and Consent Solicitation

    MATAWAN, N.J., April 30, 2018-- Hovnanian Enterprises, Inc. announced today that its wholly-owned subsidiary, K. Hovnanian Enterprises, Inc., has amended certain terms of its previously announced private ...