Hovnanian Enterprises, Inc. (HOV)

NYSE: HOV · IEX Real-Time Price · USD
126.46
-2.58 (-2.00%)
Apr 19, 2024, 3:00 PM EDT - Market open
-2.00%
Market Cap 798.81M
Revenue (ttm) 2.83B
Net Income (ttm) 200.40M
Shares Out 6.30M
EPS (ttm) 27.67
PE Ratio 4.72
Forward PE 4.90
Dividend n/a
Ex-Dividend Date n/a
Volume 36,590
Open 128.55
Previous Close 129.03
Day's Range 125.63 - 131.50
52-Week Range 65.22 - 183.60
Beta 2.62
Analysts n/a
Price Target n/a
Earnings Date May 29, 2024

About HOV

Hovnanian Enterprises, Inc., through its subsidiaries, designs, constructs, markets, and sells residential homes in the United States. It offers single-family detached homes, attached townhomes and condominiums, urban infill, and active lifestyle homes with amenities, such as clubhouses, swimming pools, tennis courts, tot lots, and open areas. The company markets and builds homes for first-time buyers, first-time and second-time move-up buyers, luxury buyers, active lifestyle buyers, and empty nesters. It also provides mortgage loans, title ins... [Read more]

Founded 1959
Employees 1,715
Stock Exchange NYSE
Ticker Symbol HOV
Full Company Profile

Financial Performance

In 2023, HOV's revenue was $2.76 billion, a decrease of -5.69% compared to the previous year's $2.92 billion. Earnings were $195.22 million, a decrease of -9.12%.

Financial Statements

News

Hovnanian Enterprises Reports Fiscal 2024 First Quarter Results

Net Contracts per Community Increased 48% Year-Over-Year Income Before Income Taxes Increased 80% Year-Over-Year $230 Million was the Highest Quarterly Land and Land Development Spend in 57 Quarters 1...

2 months ago - GlobeNewsWire

Hovnanian Enterprises Announces First Quarter Fiscal 2024 Earnings Release and Conference Call

MATAWAN, N.J., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, will release financial results for the first quarter ended January 31, 2024, t...

2 months ago - GlobeNewsWire

Glancy Prongay & Murray LLP Announces Investigation of Hovnanian Enterprises, Inc. (HOV)

NEW YORK--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces its investigation of Hovnanian Enterprises, Inc. (NYSE: HOV) concerning the Company and its directors' and officers' possible v...

2 months ago - Business Wire

K. Hovnanian®️ Introduces Salerno Reserve, a New LOOKS Community in Stuart, FL

STUART, Fla., Jan. 15, 2024 (GLOBE NEWSWIRE) -- K.

3 months ago - GlobeNewsWire

K. Hovnanian®️ Introduces Locke Landing, a New LOOKS Community in Baltimore, MD

BALTIMORE, Dec. 14, 2023 (GLOBE NEWSWIRE) -- K. Hovnanian Homes introduces Locke Landing, a new community of townhomes within the mixed-use development Baltimore Peninsula.

4 months ago - GlobeNewsWire

K. Hovnanian® Introduces The Grove at Jackson Village, a New LOOKS Community in Fredericksburg, VA

FREDERICKSBURG, Va., Dec. 13, 2023 (GLOBE NEWSWIRE) -- K. Hovnanian️ Homes introduces The Grove at Jackson Village, an 850-unit townhome community in Fredericksburg. This community offers LOOKS: a des...

4 months ago - GlobeNewsWire

K. Hovnanian® Introduces Enclave at Hillandale, a New LOOKS Community in Morris County

FAR HILLS, N.J., Dec. 07, 2023 (GLOBE NEWSWIRE) -- K. Hovnanian Homes introduces Enclave at Hillandale, a new boutique townhome community in Mendham Township, which offers LOOKS: a designer-curated co...

4 months ago - GlobeNewsWire

Hovnanian Enterprises Reports Fiscal 2023 Fourth Quarter and Full Year Results

$121 million of Quarterly Pretax Income Best in More Than 16 Years Net Contracts per Community Increased 66% Year-Over-Year Book Value Rose 80% Year-Over-Year to $73 per Share Refinanced Over $600 Mil...

4 months ago - GlobeNewsWire

Hovnanian Enterprises Announces Fiscal Year 2023 Earnings Release and Conference Call

MATAWAN, N.J., Nov. 21, 2023 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, will release financial results for the fourth quarter and fiscal year ended Oc...

5 months ago - GlobeNewsWire

K. Hovnanian️ Recognized with U.S. Department of Energy's Grand Award, Housing Innovation Award for Zero Energy Ready Homes

K. Hovnanian Homes'® New Jersey Division was recently honored by the U.S. Department of Energy for achievements in energy-efficient new home construction.

6 months ago - GlobeNewsWire

Hovnanian Enterprises Receives Two U.S. Department Of Energy 2023 Awards For Building Energy Efficient Homes

Built Most Zero Energy Ready Homes in United States Housing Innovation Award for Energy Efficiency

6 months ago - GlobeNewsWire

Homebuilder stocks under pressure amid rising rates

The current interest rate environment is driving mortgage rates higher, which in turn are having their own effect on homebuilder stocks, such as D.R. Horton (DHI), Lennar (LEN), and PulteGroup (PHM).

Other symbols: BZHCCSDHIKBHLENPHMTOL
7 months ago - Yahoo Finance

Hovnanian Enterprises to Present at Deutsche Bank's 31st Annual Leveraged Finance Conference

RED BANK, N.J., Sept. 27, 2023 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, announced that senior management will be presenting at Deutsche Bank's 31st ...

7 months ago - GlobeNewsWire

Hovnanian Enterprises Announces Refinancing Transaction

MATAWAN, N.J., Sept. 25, 2023 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV) (the “Company”), a leading national homebuilder, announced today that it has entered into an agreement with ex...

7 months ago - GlobeNewsWire

Homebuilder stocks among biggest losers in Tuesday's trading

Homebuilder stocks such as D.R. Horton (DHI), Lennar (LEN), and Toll Brothers (TOL) have seen massive gains this year.

Other symbols: BZHDHIKBHLENTOL
8 months ago - Yahoo Finance

Hovnanian Enterprises Reports Fiscal 2023 Third Quarter Results

81% Year over Year Increase in Net Contracts Net Contracts per Community Increased 92% Year over Year Homebuilding Gross Margin Percentage Improved Sequentially by 230 Basis Points 53% Sequential Grow...

8 months ago - GlobeNewsWire

Hovnanian Enterprises Announces Third Quarter Fiscal Year 2023 Earnings Release and Conference Call

MATAWAN, N.J., Aug. 16, 2023 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, will release financial results for the third quarter ended July 31, 2023, the ...

8 months ago - GlobeNewsWire

Hovnanian Enterprises Announces Retirement of Larry Sorsby, Executive Vice President and Chief Financial Officer

MATAWAN, N.J., June 20, 2023 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, announced that J. Larry Sorsby, Executive Vice President and Chief Financial O...

10 months ago - GlobeNewsWire

Hovnanian Enterprises Reports Fiscal 2023 Second Quarter Results

Achieved Income Before Income Taxes of $46 Million Exceeded High End of Guidance for Adjusted Pretax Income by 32% Net Contracts per Community Increased 100% versus First Quarter 2023 Consolidated Com...

11 months ago - GlobeNewsWire

Hovnanian Enterprises Announces Second Quarter Fiscal Year 2023 Earnings Release and Conference Call

MATAWAN, N.J., May 17, 2023 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, will release financial results for the second quarter ended April 30, 2023, the...

1 year ago - GlobeNewsWire

The Grupe Company and Canyon Partners Form Joint Venture to Develop 253 Unit Multifamily Project in Folsom, CA; Secure Construction Loan from Umpqua Bank

FOLSOM, Calif. , April 24, 2023 /PRNewswire/ -- Canyon Partners Real Estate LLC ("Canyon") and Iron Point Manager LLC, a partnership between The Grupe Company, Guardian Capital and Cole Partners, anno...

1 year ago - PRNewsWire

Hovnanian Enterprises Reports Fiscal 2023 First Quarter Results

Gross Margins for the Quarter for Both Deliveries and Recent Contracts Remains Strong Net Contracts per Community Increased from 1.5 in November to 3.0 in January and Accelerated Further in February

1 year ago - GlobeNewsWire

Hovnanian Enterprises Announces First Quarter Fiscal Year 2023 Earnings Release and Conference Call

MATAWAN, N.J., Feb. 14, 2023 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, will release financial results for the first quarter ended January 31, 2023 th...

1 year ago - GlobeNewsWire

Hovnanian Enterprises Reports Fiscal 2022 Fourth Quarter and Full Year Results

$320 Million Pretax Profit in Fiscal 2022 a 68% Year-over-Year Increase Gross Margin Percentage Increased 290 Basis Points Year-over-Year for Full Year Full Year Interest Expense as Percent of Total R...

1 year ago - GlobeNewsWire

Hovnanian Enterprises Announces Fiscal Year 2022 Earnings Release and Conference Call

MATAWAN, N.J., Nov. 28, 2022 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, will release financial results for the fourth quarter and fiscal year ended Oc...

1 year ago - GlobeNewsWire