| HOVNANIAN ENTERPRISES (NY:HOV) Delayed : | |||||
|---|---|---|---|---|---|
| Previous Close | $4.08 | 52 Week High | $5.75 | ||
| Open | $4.05 | 52 Week Low | $0.52 | ||
| Day High | $4.08 | P/E | N/A | ||
| Day Low | $3.95 | EPS | $-12.01 | ||
| Volume | 2,397,844 | ||||
| More HOV Info: Chart SEC Filings Profile Historical Options | |||||
Hovnanian Enterprises, Inc. engages in homebuilding and financial services businesses in the United States. It designs, constructs, markets, and sells single-family detached homes, attached townhomes and condominiums, mid-rise and high-rise condominiums, urban infill, and active adult homes.
Kevork Hovnanian - Founder, Chairman
Ara Hovnanian - CEO, President
| Ticker | # Stories | Ticker | # Stories |
|---|---|---|---|
| RYL | 14 | PHM | 13 |
| LEN | 13 | TOL | 12 |
| DHI | 12 | XHB | 11 |
| KBH | 10 | LEN | 10 |
| BZH | 10 | MDC | 10 |
| DHI | 9 | PHM | 9 |
No comments are currently available.
on Sep 29, 2009
at 09:06 PM The Flaws In Goldman's Analysis The Goldman report overlooks three key points: 1) Unemployment – Outright joblessness is kissing 10% right now. I don’t see any credible economists arguing that that number is dropping anytime soon. While a case can be made for a “jobless recovery,” no one is saying that people are getting back to work. The so- called underemployment rate — which includes part-time workers who’d prefer a full-time position and people who want work but have given up looking — reached a record 16.8 percent. With a growing number of unemployed people, a smaller pool of people have the money to buy homes. 2) Shadow housing inventory coming to market – By one estimate, seven million housing units are scheduled to come online. In a perfect world, it would take almost a year and a half to sell just those units. How is a troubled market supposed to both absorb several million units, and push the units already in the market out the door? An $8,000 tax credit? 3) Already known distressed assets – The cherry on this sundae (and you know the main ingredient of this sundae) is that half of all residential mortgages will be underwater by 2011. If more people lose their jobs, have increasingly negative equity in their homes, and some lenders/servicers take their sweet time before foreclosing, why wouldn’t more people throw their keys to the bank? For Goldman’s sake, I hope the money Goldman is investing on this bet does not come from the Executive Bailout Fund. http://multifamilyinvestor.com/exclusive-we-didnt-find-what-goldman-was-smoking-but-we-discovered-their-housing-report/
Article: Goldman Sachs Upgrades Hombuilders to Attractive; Adds Meritage (MTH) to Conviciton Buy List
on Aug 15, 2009
at 10:02 AM new home sales I am a construction manager for a major new home builder/community developer in Florida. our sales were up big in June and crashed in July. Our financial division is shorting the construction builder ETF's as a result because we know that once this data is released, we will see a sizeable correction.
Article: New Home Sales Data Shows That A Bottom Has Been Reached
on May 12, 2009
at 10:45 AM HOV $26.00 end of year 2009 BULLISH HOUSING now
Article: S&P Equity Research Downgrades Hovnanian Enterprises (HOV) to Sell
on May 12, 2009
at 10:44 AM BUYING HOV. HOV STOCK TO OWN NOW
Article: S&P Equity Research Downgrades Hovnanian Enterprises (HOV) to Sell
on Jun 13, 2008
at 01:25 AM Not Suprised by KHOV's Performance Very poor quality and customer service leads to lost sales (not to mention the current economic climate). See my website @ http://www.not-khov.com for details on my HOV nightmare.
Article: ARGUS Downgrades Hovnanian Enterprises (HOV) to SELL