RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Hovnanian Enterprises

Hovnanian Enterprises ROA 2024

Hovnanian Enterprises ROA

0.07

Hovnanian Enterprises Dividend yield

Ticker

HOV

ISIN

US4424874018

WKN

A2N69Z

In 2024, Hovnanian Enterprises's return on assets (ROA) was 0.07, a -5.61% increase from the 0.08 ROA in the previous year.

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.

ROA Details

Understanding Hovnanian Enterprises's Return on Assets (ROA)

Hovnanian Enterprises's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Hovnanian Enterprises's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Hovnanian Enterprises's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Hovnanian Enterprises’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Hovnanian Enterprises Stock

What is the Return on Assets (ROA) of Hovnanian Enterprises this year?

The Return on Assets (ROA) of Hovnanian Enterprises is 0.07 undefined this year.

What was the ROA of Hovnanian Enterprises compared to the previous year?

The ROA of Hovnanian Enterprises has increased by -5.61% compared to the previous year.

What consequences do high ROA have for investors of Hovnanian Enterprises?

A high ROA is advantageous for investors of Hovnanian Enterprises, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Hovnanian Enterprises?

A low ROA can be unfavorable for investors of Hovnanian Enterprises as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Hovnanian Enterprises affect the company?

An increase in ROA of Hovnanian Enterprises can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Hovnanian Enterprises impact the company?

A reduction in the ROA of Hovnanian Enterprises can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Hovnanian Enterprises?

Some factors that can influence the ROA of Hovnanian Enterprises include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Hovnanian Enterprises important for investors?

The ROA of Hovnanian Enterprises is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Hovnanian Enterprises take to improve ROA?

To improve ROA, Hovnanian Enterprises can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

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 6/5/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 6/5/2024.

When did Hovnanian Enterprises pay the last dividend?

The last dividend was paid out on 6/5/2024.

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.