Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP) Share Price Passes Below 50 Day Moving Average – Here’s Why

Posted by Renee Jackson on Aug 28th, 2026

Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP – Get Free Report) shares passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $20.11 and traded as low as $19.36. Hovnanian Enterprises, Inc. PFD DEP1/1000A shares last traded at $19.4750, with a volume of 2,475 shares trading hands.

Hovnanian Enterprises, Inc. PFD DEP1/1000A Stock Up 0.6%

The stock’s fifty day simple moving average is $20.09 and its 200 day simple moving average is $20.60.

Hovnanian Enterprises, Inc. PFD DEP1/1000A Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st were issued a dividend of $0.4766 per share. This represents a $1.91 annualized dividend and a dividend yield of 9.7%. The ex-dividend date was Wednesday, July 1st.

Institutional Trading of Hovnanian Enterprises, Inc. PFD DEP1/1000A

An institutional investor recently raised its position in Hovnanian Enterprises, Inc. PFD DEP1/1000A stock. Shikiar Asset Management Inc. raised its stake in shares of Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP – Free Report) by 3.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,550 shares of the company’s stock after purchasing an additional 1,075 shares during the quarter. Shikiar Asset Management Inc.’s holdings in Hovnanian Enterprises, Inc. PFD DEP1/1000A were worth $585,000 at the end of the most recent reporting period.

Hovnanian Enterprises, Inc. PFD DEP1/1000A Company Profile

(Get Free Report)

Hovnanian Enterprises, Inc is a publicly traded homebuilding company active primarily in the United States. Through its network of land development and construction operations, the company designs, builds and sells single-family detached and attached homes, condominiums and active-adult communities. In addition to its core homebuilding business, Hovnanian provides financing, mortgage banking, title insurance and closing services to homebuyers through its wholly owned financial services subsidiaries.

Founded in 1959 by Kevork S.