Hovnanian Enterprises, Inc. (HOV)

NYSE: HOV · Real-Time Price · USD
117.13
-2.74 (-2.29%)
At close: Apr 24, 2026, 4:00 PM EDT
117.27
+0.14 (0.12%)
After-hours: Apr 24, 2026, 7:00 PM EDT
Market Cap695.54M +22.3%
Revenue (ttm)2.94B -4.8%
Net Income44.12M -77.0%
EPS6.43 -80.1%
Shares Out 5.94M
PE Ratio18.21
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume108,223
Open119.13
Previous Close119.87
Day's Range116.22 - 121.15
52-Week Range85.69 - 162.06
Beta2.08
AnalystsSell
Price Target97.00 (-17.19%)
Earnings DateMay 19, 2026

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, move-up buyers, luxury buyers, active lifestyle buyers, and empty nesters. It also provides mortgage loans and title services. Hovnanian Enterpr... [Read more]

Founded 1959
Employees 1,891
Stock Exchange NYSE
Ticker Symbol HOV
Full Company Profile

Financial Performance

In fiscal year 2025, Hovnanian Enterprises's revenue was $2.98 billion, a decrease of -0.88% compared to the previous year's $3.00 billion. Earnings were $51.24 million, a decrease of -77.01%.

Financial Statements

Analyst Summary

According to 2 analysts, the average rating for HOV stock is "Sell." The 12-month stock price target is $97.0, which is a decrease of -17.19% from the latest price.

Price Target
$97.0
(-17.19% downside)
Analyst Consensus: Sell
Stock Forecasts

News

GTIS Partners and Hovnanian Enterprises Announce Closing of $200 Million Homebuilding Joint Venture Portfolio Bringing Total Portfolio To $1.5 Billion

NEW YORK, April 8, 2026 /PRNewswire/ -- GTIS Partners LP ("GTIS"), a global real estate investment firm with a focus on residential and industrial/logistics investments, and Hovnanian Enterprises, Inc...

18 days ago - PRNewsWire

Hovnanian Enterprises Transcript: J.P. Morgan 2026 Global Leveraged Finance Conference

Affordability remains a challenge with limited policy solutions expected soon. Margins are pressured by rising incentives, but cost reductions and a shift toward active adult and move-up products are underway. Liquidity is strong, with disciplined land spend and a focus on market expansion over M&A.

7 weeks ago - Transcripts

Hovnanian Enterprises to Present at J.P. Morgan's 2026 Global Leveraged Finance Conference

MATAWAN, N.J., Feb. 25, 2026 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, announced that senior management will be hosting a fireside chat at J.P. Morga...

2 months ago - GlobeNewsWire

Hovnanian Enterprises Earnings Call Transcript: Q1 2026

First quarter results met or exceeded guidance despite a tough housing market, with revenues of $632 million and strong liquidity. Margins were pressured by higher incentives, but a shift to higher-margin, to-be-built homes and disciplined land strategy position for improved profitability in the second half of 2026.

2 months ago - Transcripts

Hovnanian Enterprises Reports Fiscal 2026 First Quarter Results

Met or Exceeded All Guidance Metrics Provided 5% Year-Over-Year Increase in Domestic Consolidated Communities $471 Million of Total Liquidity Domestic Contracts, Including Unconsolidated Joint Venture...

2 months ago - GlobeNewsWire

Hovnanian Enterprises Announces First Quarter Fiscal 2026 Earnings Release and Conference Call

MATAWAN, N.J., Feb. 11, 2026 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, will release financial results for the first quarter ended January 31, 2026, t...

2 months ago - GlobeNewsWire

K. Hovnanian Middle East, Saudi Arabia Tourism Development Fund, and Emaar, The Economic City Sign MoU to Deliver Tourism Investment and Lifestyle Residential Projects in KAEC

RIYADH, Saudi Arabia, Feb. 03, 2026 (GLOBE NEWSWIRE) -- K. Hovnanian M.E. Investments, LLC (KHME), a subsidiary of Hovnanian Enterprises, Inc. (NYSE: HOV) and the majority shareholder of Al Tahaluf Re...

2 months ago - GlobeNewsWire

Hovnanian Enterprises Swings to Loss as Hesitant Homebuyers Squeeze Margins

The home builder posted a net loss of $667,000 as it offered more incentives to try to maintain a strong sales pace.

Other symbols: HOVNP
5 months ago - WSJ

Hovnanian Enterprises Earnings Call Transcript: Q4 2025

Fourth quarter results met or exceeded guidance despite a 17% year-over-year revenue decline, driven by lower deliveries and higher incentives. Margins are expected to bottom in Q1 2026 and improve as newer, higher-return land is developed.

5 months ago - Transcripts

Hovnanian Enterprises Logs Loss on Higher Costs, Tighter Margins

The home builder reports home-building gross margin percentage, after cost of sales interest expense and land charges, was 10.7% compared with 18% a year earlier.

Other symbols: HOVNP
5 months ago - WSJ

Hovnanian Enterprises Reports Fourth Quarter and Fiscal Year 2025 Results

Met or Exceeded All Guidance Metrics Provided 8% Year-Over-Year Increase in Consolidated Communities Successfully Completed $900 Million Unsecured Debt Refinancing Extending Maturities Until 2031 and ...

5 months ago - GlobeNewsWire

Hovnanian Enterprises Announces Fiscal Year 2025 Earnings Release and Conference Call

MATAWAN, N.J., Nov. 20, 2025 (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. Hovnanian Enterprises, Inc. Prices Offering of $450 Million of 8.000% Senior Notes Due 2031 and $450 Million of 8.375% Senior Notes Due 2033

MATAWAN, N.J., Sept. 11, 2025 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV) (the “Company”) announced today that its wholly owned subsidiary, K. Hovnanian Enterprises, Inc. (“K. Hovnania...

8 months ago - GlobeNewsWire

K. Hovnanian Enterprises, Inc. Announces New Senior Notes Offering

MATAWAN, N.J., Sept. 10, 2025 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV) (the “Company”) announced today that its wholly owned subsidiary, K. Hovnanian Enterprises, Inc. (“K. Hovnania...

8 months ago - GlobeNewsWire

Hovnanian Enterprises Transcript: 16th Annual Midwest Ideas Conference

Housing underproduction and low existing supply are driving demand for new homes, with a strategic shift to quick move-in sales and an asset-light land strategy. Margins are pressured by incentives, but financials and balance sheet have improved, with further growth and refinancing planned.

8 months ago - Transcripts

Hovnanian Enterprises to Present and Host 1x1 Investor Meetings at the 16th Annual Midwest IDEAS Investor Conference on August 27th in Chicago, IL

MATAWAN, N.J., Aug. 22, 2025 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, announced that senior management will present at the Midwest IDEAS Investor Co...

8 months ago - GlobeNewsWire

Hovnanian Profit Sinks Due to Sales Incentives Amid Stagnant Housing Market

The home builder said it used widespread incentives, particularly mortgage buydowns, to make homes affordable for buyers and said it was emphasizing “pace over price” to sell inventory.

8 months ago - WSJ

Hovnanian Enterprises Earnings Call Transcript: Q3 2025

Third quarter revenues rose 11% year-over-year, with adjusted EBITDA above guidance and strong liquidity. Margins declined due to high incentives, but contracts per community outperformed most peers. Fourth quarter guidance anticipates stable revenues, lower margins, and continued focus on land-light strategy.

8 months ago - Transcripts

Hovnanian Enterprises Reports Fiscal 2025 Third Quarter Results

Total Revenues Increased 11% Year-Over-Year Met or Exceeded All Guidance Metrics Provided 86% of Total Lots Are Optioned, Highest Percentage Ever Second Highest TTM ROE Amongst Midsized Homebuilders

8 months ago - GlobeNewsWire

Hovnanian Enterprises Announces Third Quarter Fiscal 2025 Earnings Release and Conference Call

MATAWAN, N.J., Aug. 07, 2025 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, will release financial results for the third quarter ended July 31, 2025, the ...

9 months ago - GlobeNewsWire

Hovnanian Enterprises Earnings Call Transcript: Q2 2025

Second quarter results met or exceeded most guidance metrics, with revenues at $686 million and adjusted gross margin at 17.3%, both impacted by increased incentives. QMI sales hit a record 79%, and ROE reached 27%. Guidance for Q3 anticipates higher revenues and stable margins, with continued focus on land-light strategy and cost control.

1 year ago - Transcripts

Hovnanian Enterprises Reports Fiscal 2025 Second Quarter Results

Second Highest TTM ROE Amongst Midsized Homebuilders Redeemed Early the Remaining $27 Million of the 13.5% Senior Notes Due 2026 and Repurchased 2% of Our Common Stock 15% Year-Over-Year Increase in C...

1 year ago - GlobeNewsWire

Hovnanian Enterprises Announces Strategic Partnership Between K. Hovnanian M.E.

MATAWAN, N.J., May 15, 2025 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder across the United States, announced the signing of a strategic Memorandum of Und...

1 year ago - GlobeNewsWire

Hovnanian Enterprises Announces Second Quarter Fiscal 2025 Earnings Release and Conference Call

MATAWAN, N.J., May 06, 2025 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, will release financial results for the second quarter ended April 30, 2025, the...

1 year ago - GlobeNewsWire

Hovnanian Enterprises Earnings Call Transcript: Q1 2025

First quarter revenue grew 13% year-over-year to $674 million, with profitability and EBITDA exceeding guidance despite higher incentives and ongoing market volatility. The company continues to focus on quick move-in homes, land-light strategy, and expects Q2 revenue growth with stable margins, while maintaining strong liquidity and industry-leading returns.

1 year ago - Transcripts