Hovnanian Enterprises - Stock

Hovnanian Enterprises ROE 2024

Hovnanian Enterprises ROE

0.31

Ticker

HOV

ISIN

US4424874018

WKN

A2N69Z

In 2024, Hovnanian Enterprises's return on equity (ROE) was 0.31, a -39.53% increase from the 0.51 ROE 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.

ROE Details

Decoding Hovnanian Enterprises's Return on Equity (ROE)

Hovnanian Enterprises's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Hovnanian Enterprises's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Hovnanian Enterprises's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Hovnanian Enterprises’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Hovnanian Enterprises Stock

What is the ROE (Return on Equity) of Hovnanian Enterprises this year?

The ROE of Hovnanian Enterprises this year is 0.31 undefined.

How has the Return on Equity (ROE) of Hovnanian Enterprises developed compared to the previous year?

The ROE of Hovnanian Enterprises has increased by -39.53% decreased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Hovnanian Enterprises?

A high ROE indicates that Hovnanian Enterprises generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Hovnanian Enterprises?

A low ROE can indicate that Hovnanian Enterprises is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Hovnanian Enterprises affect the company?

A change in ROE (Return on Equity) of Hovnanian Enterprises can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Hovnanian Enterprises?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Hovnanian Enterprises?

Some factors that can influence Hovnanian Enterprises's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

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 6/11/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 6/11/2024.

When did Hovnanian Enterprises pay the last dividend?

The last dividend was paid out on 6/11/2024.

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.