HOV
Hovnanian Enterprises, Inc. Consumer Cyclical - Residential Construction Investor Relations →
Hovnanian Enterprises, Inc. (HOV) closed at $125.88 as of 2026-02-02, trading 15.2% above its 200-week moving average of $109.26. The stock moved further from the line this week, up from 3.5% last week. The 14-week RSI sits at 53, indicating neutral momentum.
Over the past 2165 weeks of data, HOV has crossed below its 200-week moving average 28 times. On average, these episodes lasted 39 weeks. Historically, investors who bought HOV at the start of these episodes saw an average one-year return of +27.8%.
With a market cap of $749 million, HOV is a small-cap stock. The company generates a free cash flow yield of 4.3%. Return on equity stands at 7.8%. The stock trades at 1.1x book value.
Over the past 33.2 years, a hypothetical investment of $100 in HOV would have grown to $84, compared to $2849 for the S&P 500. HOV has returned -0.5% annualized vs 10.6% for the index, underperforming the broader market over this period.
Free cash flow has been growing at a 29.3% compound annual rate, with 4 consecutive years of positive cash generation.
Growth of $100: HOV vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After HOV Crosses Below the Line?
Across 23 historical episodes, buying HOV when it crossed below its 200-week moving average produced an average return of +33.6% after 12 months (median +14.0%), compared to +13.6% for the S&P 500 over the same periods. 52% of those episodes were profitable after one year. After 24 months, the average return was +54.5% vs +21.7% for the index.
Each line shows $100 invested at the moment HOV crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
HOV has crossed below its 200-week MA 28 times with an average 1-year return of +27.8% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Aug 1984 | Sep 1984 | 3 | 7.0% | +43.6% | +364.8% |
| May 1988 | May 1988 | 1 | 2.2% | +30.6% | +29.9% |
| Aug 1988 | Jan 1989 | 23 | 15.8% | +49.2% | +23.9% |
| Jan 1989 | Apr 1989 | 11 | 16.1% | -18.6% | +15.1% |
| Sep 1989 | Dec 1991 | 117 | 75.1% | -66.2% | +0.7% |
| Jun 1994 | Sep 1997 | 168 | 50.7% | -39.3% | +7.4% |
| Oct 1997 | Oct 1997 | 1 | 1.9% | +15.5% | +38.9% |
| Nov 1997 | Nov 1997 | 2 | 9.2% | +20.4% | +42.6% |
| Dec 1997 | Dec 1997 | 1 | 0.2% | +20.4% | +42.6% |
| Oct 1998 | Oct 1998 | 1 | 9.5% | +20.4% | +56.4% |
| Feb 1999 | Mar 1999 | 1 | 7.9% | -13.8% | +47.8% |
| Mar 1999 | Apr 1999 | 1 | 4.0% | -14.0% | +41.3% |
| Oct 1999 | Nov 2000 | 56 | 27.4% | +4.7% | +50.6% |
| Nov 2000 | Nov 2000 | 1 | 1.2% | +65.7% | +33.2% |
| May 2006 | Sep 2012 | 331 | 97.7% | -35.9% | -86.3% |
| Jul 2014 | Aug 2014 | 2 | 2.6% | -47.7% | +30.4% |
| Sep 2014 | Nov 2014 | 8 | 16.8% | -49.5% | +27.8% |
| Jan 2015 | Nov 2017 | 149 | 65.1% | -59.4% | +39.9% |
| Dec 2017 | Dec 2017 | 2 | 9.3% | -53.6% | +99.8% |
| Jan 2018 | Nov 2020 | 146 | 87.3% | -74.6% | +96.7% |
| Dec 2020 | Dec 2020 | 1 | 3.2% | +290.1% | +272.4% |
| Dec 2020 | Jan 2021 | 2 | 7.7% | +287.4% | +283.1% |
| Apr 2022 | May 2022 | 5 | 5.2% | +53.0% | +171.0% |
| Jun 2022 | Jul 2022 | 5 | 14.7% | +143.2% | +213.0% |
| Aug 2022 | Jan 2023 | 23 | 27.7% | +124.0% | +169.9% |
| Feb 2025 | Mar 2025 | 1 | 3.0% | N/A | +23.8% |
| Mar 2025 | Jun 2025 | 13 | 13.9% | N/A | +20.7% |
| Dec 2025 | Jan 2026 | 5 | 9.3% | N/A | +21.4% |
| Average | 39 | — | +27.8% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02