Hovnanian Enterprises, Inc. (HOV)

NYSE: HOV · IEX Real-Time Price · USD
65.62
-0.15 (-0.23%)
Mar 28, 2023, 4:00 PM EDT - Market closed
-0.23%
Market Cap 346.26M
Revenue (ttm) 2.87B
Net Income (ttm) 208.72M
Shares Out 5.28M
EPS (ttm) 28.70
PE Ratio 2.29
Forward PE 2.45
Dividend n/a
Ex-Dividend Date n/a
Volume 62,036
Open 65.50
Previous Close 65.77
Day's Range 64.14 - 67.32
52-Week Range 33.20 - 74.50
Beta 2.56
Analysts Sell
Price Target n/a
Earnings Date Feb 28, 2023

About HOV

Hovnanian Enterprises, Inc. engages in the design, construction, marketing, and sale of 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 and title insuran... [Read more]

Founded 1959
Employees 1,866
Stock Exchange NYSE
Ticker Symbol HOV
Full Company Profile

Financial Performance

In 2022, HOV's revenue was $2.92 billion, an increase of 5.01% compared to the previous year's $2.78 billion. Earnings were $214.82 million, a decrease of -64.66%.

Financial Statements

News

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 month ago - GlobeNewsWire

"Interpret, don't Predict" When it Comes to Home Builders.

Amid a rising mortgage rate environment, home builders have flourished. Andrew Rocco breaks down why, and why the bull trend may continue.

Other symbols: GRBKLENMHOMTHNVRTOLXHB
1 month ago - Zacks Investment Research

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 month 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...

3 months 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...

4 months ago - GlobeNewsWire

Hovnanian Enterprises Reiterates Fiscal 2022 Guidance Except for Updating EPS Guidance to Between $28.50 and $30.00

Announces Increased Focus on Preserving Liquidity Announces Increased Focus on Preserving Liquidity

5 months ago - GlobeNewsWire

Hovnanian Enterprises to Present at Deutsche Bank's 30th Annual Leveraged Finance Conference

RED BANK, N.J., Sept. 15, 2022 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, announced that senior management will be participating in a fireside chat at...

6 months ago - GlobeNewsWire

Hovnanian stock rallies after big profit rise, raised outlook even as home demand continues to slow

Shares of Hovnanian Enterprises Inc. HOV, +2.37% leapt 3.2% in afternoon trading Thursday, to bounce off the previous session's 19-month closing low, after the home builder a big jump in fiscal third-...

7 months ago - Market Watch

Hovnanian Enterprises Reports Fiscal 2022 Third Quarter Results

81% Year-over-Year Increase in Pretax Profit Gross Margin Percentage Increased 390 Basis Points Year-over-Year Interest Expense as Percent of Revenue Declined 140 Basis Points Year-over-Year Backlog C...

7 months ago - GlobeNewsWire

Hovnanian Enterprises Announces Third Quarter Fiscal Year 2022 Earnings Release and Conference Call

MATAWAN, N.J., Aug. 18, 2022 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, will release financial results for the third quarter ended July 31, 2022 the m...

7 months ago - GlobeNewsWire

Homebuilder stocks lead markets higher, travel stocks in the red

Yahoo Finance's Jared Blikre joins the Live show to break down how stocks are trading as Fed Chair Powell continues to testify before Congress.

9 months ago - Yahoo Finance

Homebuilder stocks fall as mortgage activity hits 22-year low: Mortgage Bankers Association

Yahoo Finance's Emily McCormick reports on ScottsMiracle-Gro reducing the company outlook for sales and non-GAAP adjusted EPS, Roku stock moving higher on rumors the company may be an acquisition targ...

10 months ago - Yahoo Finance

Hovnanian stock surges toward 5th-straight gain after adjusted earnings triple, gross margin improves

Shares of Hovnanian Enterprises Inc. HOV, +7.18% surged 6.4% toward a fifth-straight gain in morning trading Wednesday, after the home builder reported fiscal second-quarter earnings that more than tr...

10 months ago - Market Watch

Hovnanian Enterprises Reports Fiscal 2022 Second Quarter Results

161% Year-over-Year Increase in Pretax Profit Gross Margin Percentage Increased 520 Basis Points Year-over-Year 5% Increase in Consolidated Dollar Amount of Contracts 16% Increase in Consolidated Back...

10 months ago - GlobeNewsWire

Hovnanian Enterprises Announces Second Quarter Fiscal Year 2022 Earnings Release and Conference Call

MATAWAN, N.J., May 18, 2022 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, will release financial results for the second quarter ended April 30, 2022 the ...

11 months ago - GlobeNewsWire

Inflation fears don't matter to these consumers: Hovnanian Enterprises CEO

Ara Hovnanian discusses inflation and the rise of housing materials on 'The Claman Countdown.' #FOXBusiness Subscribe to Fox Business!

1 year ago - Fox Business

Hovnanian Enterprises Stock Slips Post Q1 Results, Reiterates Q2, FY22 Outlook

Hovnanian Enterprises, Inc (NYSE: HOV) reported first-quarter FY22 revenue of $565.31 million, a decline of 1.6% year-over-year, and below its Q1 outlook for total revenues of $640 million - $670 mill...

1 year ago - Benzinga

Hovnanian Enterprises Reports Fiscal 2022 First Quarter Results

81% Year-over-Year Increase in Pretax Profit Gross Margin Percentage Increased 260 Basis Points Year-over-Year Interest Expense as a Percent of Total Revenues Declined 240 Basis Points Year-Over-Year ...

1 year ago - GlobeNewsWire

5 Top-Rated Housing Stocks to Buy Now

Housing stocks have outperformed most other industries over the course of the pandemic, even as homebuilders face headwinds from ongoing supply-chain issues and rising input costs. And while homebuild...

Other symbols: CVCONVRPHMTPH
1 year ago - Kiplinger

Hovnanian Enterprises Announces First Quarter Fiscal Year 2022 Earnings Release And Conference Call

MATAWAN, N.J., Feb. 15, 2022 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, will release financial results for the first quarter ended January 31, 2022 th...

1 year ago - GlobeNewsWire

Miriam Hernandez-Kakol Appointed to the Board of Directors of Hovnanian Enterprises, Inc.

MATAWAN, N.J., Jan. 24, 2022 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, announced today that Miriam Hernandez-Kakol, the retired Partner and Global He...

1 year ago - GlobeNewsWire

Hovnanian stock soars toward a 6-month high after profit, revenue and gross margin rise in latest quarter

Shares of Hovnanian Enterprises Inc. HOV, +13.55% shot up 13% toward a six-month high in morning trading Thursday, after the home builder reported fiscal fourth-quarter profit, revenue and gross margi...

1 year ago - Market Watch

Hovnanian Enterprises Reports Fiscal 2021 Fourth Quarter and Full Year Results

$190 Million Pretax Profit in Fiscal 2021 a 243% Increase Over the Prior Year 82% Year-over-Year Increase in Fourth Quarter Pretax Profit Gross Margin Percentage Increased 390 Basis Points Year-over-Y...

1 year ago - GlobeNewsWire

Hovnanian Enterprises Announces Fiscal Year 2021 Earnings Release and Conference Call

MATAWAN, N.J., Nov. 29, 2021 (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

Hovnanian lowers fiscal 2021, Q4 guidance on supply-chain delays

Shares of Hovnanian Enterprises Inc. HOV, +1.46% fell 3% in the extended session Tuesday after the home builder lowered its guidance for the full-year 2021 and the fourth quarter ending Oct. 31, sayin...

1 year ago - Market Watch