Should We Be Delighted With Hovnanian Enterprises, Inc.'s (NYSE:HOV) ROE Of 35%? [Yahoo! Finance]
Hovnanian Enterprises, Inc. Class A (HOV)
US:NYSE Investor Relations:
khov.com/investor-relations
Company Research
Source: Yahoo! Finance
To keep the lesson grounded in practicality, we'll use ROE to better understand Hovnanian Enterprises, Inc. ( NYSE:HOV Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors' money. In other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's shareholders. View our latest analysis for Hovnanian Enterprises The formula for return on equity is: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Hovnanian Enterprises is: 35% = US$245m ÷ US$703m (Based on the trailing twelve months to July 2024). The 'return' refers to a company's earnings over the last year. So, this means that for every $1 of its shareholder's investments, the company generates a profit of $0.35. By comparing a company's ROE with its industry average, we can get a quick measure of how good it is. However, this method is on
Show less
Read more
Impact Snapshot
Event Time:
HOV
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
HOV alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
HOV alerts
High impacting Hovnanian Enterprises, Inc. Class A news events
Weekly update
A roundup of the hottest topics
HOV
News
- Hovnanian Enterprises Announces Fiscal Year 2024 Earnings Release and Conference CallGlobeNewswire
- K. Hovnanian® Homes Recognized with Department of Energy Housing Innovation AwardGlobeNewswire
- Investing in Hovnanian Enterprises (NYSE:HOV) five years ago would have delivered you a 592% gain [Yahoo! Finance]Yahoo! Finance
- Hovnanian Enterprises to Present at Deutsche Bank’s 32nd Annual Leveraged Finance ConferenceGlobeNewswire
- Hovnanian Enterprises Announces Strategic Partnership Between K. Hovnanian M.E. and Saudi Arabia's Ministry of Municipalities and HousingGlobeNewswire
HOV
Sec Filings
- 11/12/24 - Form SC
- 11/4/24 - Form SC
- 10/16/24 - Form 4
- HOV's page on the SEC website