Hovnanian Enterprises, through its subsidiaries, designs, constructs, markets, and sells single-family detached homes, attached townhomes and condominiums, urban infill, and active lifestyle homes in planned residential developments and is a builder of residential homes. Co. has two operations: homebuilding and financial services. Co.'s financial services operations provide mortgage loans and title services to the customers of its homebuilding operations. Co. markets and builds homes for first-time buyers, first-time and second-time move-up buyers, luxury buyers, active lifestyle buyers and empty nesters. The HOV stock yearly return is shown above.
The yearly return on the HOV stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2019 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the HOV annual return calculation with any dividends reinvested as applicable (on ex-dates).
|