Wedbush Keeps Their Hold Rating on Hovnanian Enterprises (HOV)
In a report released today, Jay McCanless from Wedbush maintained a Hold rating on Hovnanian Enterprises (HOV – Research Report), with a price target of $120.00. The company’s shares closed yesterday at $106.78.
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McCanless covers the Consumer Cyclical sector, focusing on stocks such as Hovnanian Enterprises, Tri Pointe, and Beazer Homes. According to TipRanks, McCanless has an average return of 17.9% and a 64.29% success rate on recommended stocks.
Hovnanian Enterprises has an analyst consensus of Hold, with a price target consensus of $120.00.
HOV market cap is currently $715.3M and has a P/E ratio of 3.29.
Based on the recent corporate insider activity of 45 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of HOV in relation to earlier this year. Most recently, in March 2025, Edward Kangas, a Director at HOV sold 2,000.00 shares for a total of $203,020.00.
