What is the price-to-earnings ratio of Hovnanian Enterprises?
The price-earnings ratio of Hovnanian Enterprises is currently 3.17.
Hovnanian Enterprises P/E 2024
Hovnanian Enterprises P/E
3.17
Ticker
HOV
ISIN
US4424874018
WKN
A2N69Z
As of Jul 2, 2024, Hovnanian Enterprises's P/E ratio was 3.17, a 62.56% change from the 1.95 P/E ratio recorded in the previous year.
The Hovnanian Enterprises P/E history
Hovnanian Enterprises Aktienanalyse
What does Hovnanian Enterprises do?
Hovnanian Enterprises Inc. is an American company founded in 1959 by Kevork S. Hovnanian. The company is headquartered in Red Bank, New Jersey and operates in the construction industry. The company is involved in the construction and sale of residential properties. It develops and builds a variety of residential properties, ranging from single-family homes to multi-family homes and large luxury properties. The company operates in three different divisions, each offering different products and services. The first division, K. Hovnanian Homes, develops and builds single-family homes, townhouses, and condominiums in various price ranges and sizes. This division mainly focuses on selling properties to individuals and families. The second division, K. Hovnanian Senior Housing Services, specializes in the development and construction of senior living communities. This includes assisted living, independent living, and nursing homes for seniors. This division provides services for older adults who require assistance with daily living or have special needs. The third division, K. Hovnanian American Mortgage LLC, offers financial services for homebuyers. This includes mortgage and refinancing services. This division sets the company apart from other construction companies by offering one-stop financing for its properties. The company's business model is primarily based on the construction, development, and sale of residential properties. However, the company also has other business areas, such as property management and maintenance services, as well as property leasing. Hovnanian Enterprises Inc. has received numerous awards and recognition over the years for the quality of its properties and services. The company places great importance on customer satisfaction and strives to offer high-quality properties at reasonable prices. Overall, Hovnanian Enterprises Inc. is a reputable company in the construction industry that is able to develop and offer high-quality properties due to its extensive experience and expertise. The company specializes in building and developing properties for various clients and also offers additional services. Hovnanian Enterprises ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Hovnanian Enterprises's P/E Ratio
The Price to Earnings (P/E) Ratio of Hovnanian Enterprises is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.
Year-to-Year Comparison
Assessing Hovnanian Enterprises's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.
Impact on Investments
The P/E ratio of Hovnanian Enterprises is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.
Interpreting P/E Ratio Fluctuations
Fluctuations in Hovnanian Enterprises’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.
Frequently Asked Questions about Hovnanian Enterprises Stock
How has the price-earnings ratio of Hovnanian Enterprises changed compared to last year?
The price-to-earnings ratio of Hovnanian Enterprises has increased by 62.56% increased compared to last year.
What consequences does a high price-earnings ratio have for investors?
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
What does a low price-earnings ratio mean?
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Is the price-earnings ratio of Hovnanian Enterprises high compared to other companies?
Yes, the price-to-earnings ratio of Hovnanian Enterprises is high compared to other companies.
How does an increase in the price-earnings ratio of Hovnanian Enterprises affect the company?
An increase in the price-earnings ratio of Hovnanian Enterprises would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
How does a reduction in the price-to-earnings ratio of Hovnanian Enterprises affect the company?
A decrease in the price-earnings ratio of Hovnanian Enterprises would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
What are some factors that influence the price-earnings ratio of Hovnanian Enterprises?
Some factors that influence the price-earnings ratio of Hovnanian Enterprises are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Hovnanian Enterprises pay?
Over the past 12 months, Hovnanian Enterprises paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Hovnanian Enterprises is expected to pay a dividend of 0 USD.
What is the dividend yield of Hovnanian Enterprises?
The current dividend yield of Hovnanian Enterprises is .
When does Hovnanian Enterprises pay dividends?
Hovnanian Enterprises pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Hovnanian Enterprises?
Hovnanian Enterprises paid dividends every year for the past 0 years.
What is the dividend of Hovnanian Enterprises?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Hovnanian Enterprises located?
Hovnanian Enterprises is assigned to the 'Cyclical consumption' sector.
Wann musste ich die Aktien von Hovnanian Enterprises kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Hovnanian Enterprises from 7/2/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 7/2/2024.
When did Hovnanian Enterprises pay the last dividend?
The last dividend was paid out on 7/2/2024.
What was the dividend of Hovnanian Enterprises in the year 2023?
In the year 2023, Hovnanian Enterprises distributed 0 USD as dividends.
In which currency does Hovnanian Enterprises pay out the dividend?
The dividends of Hovnanian Enterprises are distributed in USD.
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Andere Kennzahlen von Hovnanian Enterprises
Our stock analysis for Hovnanian Enterprises Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Hovnanian Enterprises Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
- Hovnanian Enterprises Revenue
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- Hovnanian Enterprises P/E
- Hovnanian Enterprises P/S
- Hovnanian Enterprises EBIT
- Hovnanian Enterprises Dividend
- Hovnanian Enterprises Stocks
- Hovnanian Enterprises Market capitalization
- Hovnanian Enterprises Debt
- Hovnanian Enterprises Liabilities
- Hovnanian Enterprises Equity
- Hovnanian Enterprises AAQS
- Hovnanian Enterprises Employees
- Hovnanian Enterprises ROE
- Hovnanian Enterprises ROA
- Hovnanian Enterprises ROCE
