Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP) Stock Crosses Below 50-Day Moving Average – Should You Sell?

Posted by Grant Hamersma on Jun 11th, 2026

Shares of Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP – Get Free Report) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $20.65 and traded as low as $20.40. Hovnanian Enterprises, Inc. PFD DEP1/1000A shares last traded at $20.5990, with a volume of 4,486 shares changing hands.

Hovnanian Enterprises, Inc. PFD DEP1/1000A Price Performance

The business has a 50-day moving average price of $20.65 and a two-hundred day moving average price of $20.65.

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

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st will be given a $0.4766 dividend. The ex-dividend date is Wednesday, July 1st. This represents a $1.91 dividend on an annualized basis and a dividend yield of 9.3%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Hovnanian Enterprises, Inc. PFD DEP1/1000A stock. Shikiar Asset Management Inc. grew its position in Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP – Free Report) by 4.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 27,475 shares of the company’s stock after buying an additional 1,200 shares during the quarter. Shikiar Asset Management Inc.’s holdings in Hovnanian Enterprises, Inc. PFD DEP1/1000A were worth $567,000 at the end of the most recent quarter.

About Hovnanian Enterprises, Inc. PFD DEP1/1000A

(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.