Hovnanian Guides Q3 Revenue to $650M-$750M
HOV sits 17% above its 52-week low of $85.69.
Summary
Hovnanian Enterprises has issued revenue guidance for its third fiscal quarter of 2026, projecting sales between $650 million and $750 million. This forward-looking statement provides a key update on the company's expected performance, following its Q1 fiscal 2026 revenue of $631.95 million. Traders will use this guidance to adjust their financial models and assess the company's near-term growth trajectory.
At the time of this announcement, HOV was trading at $99.98 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $622.8M. The 52-week trading range was $85.69 to $162.06. This news item was assessed with neutral market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.