Hovnanian Enterprises, Inc. PFD DEP1/1000A (HOVNP) Projected to Post Quarterly Earnings on Wednesday

Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP) is anticipated to issue its results before the market opens on Wednesday, February 25th. Analysts expect the company to announce earnings of ($0.98) per share and revenue of $628.50 million for the quarter.

Hovnanian Enterprises, Inc. PFD DEP1/1000A Stock Performance

Shares of Hovnanian Enterprises, Inc. PFD DEP1/1000A stock opened at $21.64 on Friday. Hovnanian Enterprises, Inc. PFD DEP1/1000A has a 1 year low of $16.05 and a 1 year high of $21.64. The business has a 50 day moving average price of $20.58 and a 200 day moving average price of $20.31.

Hovnanian Enterprises, Inc. PFD DEP1/1000A Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Thursday, January 1st were issued a $0.4766 dividend. This represents a $1.91 dividend on an annualized basis and a dividend yield of 8.8%. This is a positive change from Hovnanian Enterprises, Inc. PFD DEP1/1000A’s previous quarterly dividend of $0.48. The ex-dividend date of this dividend was Wednesday, December 31st.

About Hovnanian Enterprises, Inc. PFD DEP1/1000A

Hovnanian Enterprises, Inc is a publicly traded homebuilding company active primarily in the United States. Through its network of land development and construction operations, the company designs, builds and sells single-family detached and attached homes, condominiums and active-adult communities. In addition to its core homebuilding business, Hovnanian provides financing, mortgage banking, title insurance and closing services to homebuyers through its wholly owned financial services subsidiaries.

Founded in 1959 by Kevork S.