Hovnanian Enterprises, Inc.

HOV

$119.44

-3.78%

2026-09-01 16:00:02 EDT-$4.69

Consumer Cyclical

Residential Construction

NYSE

Active Trading

Hovnanian Enterprises, Inc. is a leading company focused on the entire process of developing residential properties across the United States. This includes ...

Price Action of HOV

$119.44

-3.78%-$4.69

High—

Low—

52W High-26.3%

Rel. vol—

Interval

Range4.1h

Volume—SMA5SMA10

—

Hovnanian Enterprises, Inc. (NYSE: HOV) is one of the nation's largest homebuilders, engaged in every aspect of residential property development, from design and construction to marketing and sales. Founded in 1959 by Kevork S. Hovnanian, the company is headquartered in Matawan, New Jersey, and operates in 13 states with over ...Hovnanian Enterprises, Inc. (NYSE: HOV) is one of the nation's largest homebuilders, engaged in every aspect of residential property development, from design and construction to marketing and sales. Founded in 1959 by Kevork S. Hovnanian, the company is headquartered in Matawan, New Jersey, and operates in 13 states with over 150 communities. The company's diverse housing portfolio includes single-family detached homes, attached townhomes and condominiums, urban infill developments, and active adult communities with amenities like clubhouses, pools, and tennis courts. Hovnanian caters to first-time buyers, move-up buyers, luxury home seekers, and empty nesters. In addition to homebuilding, the company offers mortgage loans and title insurance to assist customers. Financially, HOV has a market cap of approximately $699 million, with a trailing twelve-month revenue per share of $452.21 and a net profit margin of 1.3%. The company employs about 1,891 full-time employees. Key executives include CEO and Chairman Ara K. Hovnanian, President Alexander A. Hovnanian, COO Lou Smith, and CFO J. Larry Sorsby. The company's commitment to innovation is evident in its smart home technologies and high-quality standards. With a history spanning over six decades, Hovnanian continues to be a significant player in the residential construction industry, focusing on customer satisfaction and community development.ExpandCollapse

Founded

1959

Employees

1891

CEO

Ara K. Hovnanian

Full Name

Hovnanian Enterprises, Inc.

Sector

Consumer Cyclical

Industry

Residential Construction

ROE

2.19%

Market Cap

$0.61B

Current Ratio

2.34

WACC

7.98%

ROIC

4.00%

Contact Information

https://www.khov.com

732 747 7800

90 Matawan Road, 5th Floor, Matawan, NJ 07747

Key Metrics of HOV

Snapshot

Latest / TTM · 6 periods

Market Cap

$605.76M

ROCE

29.8%

EV / EBITDA

16.08x

+26.5% YoY

FCF Yield

32.2%

+10.7% YoY

Cash Conversion Cycle

225.6d

Current Ratio

2.34

Quick take

TTM —

Positive CCC

Financial Highlights of HOV

Profitability trend

Latest / TTM · 6 periods

Gross Margin

32.0%

Net Margin

0.6%

P/E Ratio

116.56x

n/a

Debt / Equity

1.14

n/a

Current Ratio

2.34

Dividend Yield

0.0%

Understanding

TTM —

No major balance sheet stress in these headline ratios.

Calendar of HOV

Upcoming

Oct 31, 2026In 57 days
FY2026 · Estimated annual results
Est. EPS $3.99 · Revenue $2.83B · 1 analysts
Jan 31, 2027
Q1 FY2027 · Estimated results
Est. EPS $0.00 · Revenue $604.20M
Apr 30, 2027
Q2 FY2027 · Estimated results
Est. EPS $0.00 · Revenue $682.50M
Jul 31, 2027
Q3 FY2027 · Estimated results
Est. EPS $0.00 · Revenue $765.80M

Recent history

Aug 28, 2026
Q3 FY2026 · Results reported
EPS $-0.70 · Revenue $705.75M
View filing
Jun 2, 2026
Q2 FY2026 · Results reported
EPS $-0.46 · Revenue $667.64M
View filing
Mar 2, 2026
Q1 FY2026 · Results reported
EPS $2.62 · Revenue $631.95M
View filing
Dec 22, 2025
FY2025 · Annual results
EPS $7.43 · Revenue $2.98B
View filing
Aug 29, 2025
Q3 FY2025 · Results reported
EPS $1.99 · Revenue $800.58M
View filing
May 30, 2025
Q2 FY2025 · Results reported
EPS $2.43 · Revenue $686.47M
View filing

Financial Statements of HOV

5Y Trend (Revenue, Earnings, FCF)

Metric	Latest	YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.	QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).	$3.0B	-0.9%	+5.7%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.	$63.9M	-73.6%	-534.2%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.	+14.1%	-29.5%	-11.1%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).	+2.4%	-72.5%	-66.1%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.	+2.1%	-73.4%	-499.9%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.	$166.2M	+2774.6%	+60.4%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.	+5.6%	+2800.0%	+62.6%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.	111.9%	-12.0%	+0.8%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.	3.92x	+323.4%	-24.3%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.	$2.6B	+1.1%	+1.1%

Actual vs Estimate

A Oct 31Q Jul 31

Metric	Annual (A vs E)	Annual Surprise	Quarter (A vs E)	Quarter Surprise
EPS Surprise	7.43 vs 8.66	-14.2%	-0.70 vs -0.56	-25.0%
Revenue Surprise	$3.0B vs $3.0B	+0.1%	$705.7M vs $723.5M	-2.5%

Insider Transactions of HOV

Acquisitions (A)

Since Jun 12, 2026

Disposals (D)

Since Jun 12, 2026

Monthly shares of acquisitions/disposals with close price trend (shared daily price source)

Insider Trading Snapshot

Date	Executive	Title	Security	Side	Shares	Price
Jul 15, 2026	HOVNANIAN ARA K	director, 10 percent owner, officer: Chairman of the Board & CEO	Class B Common Stock	D	12,595	—
Jul 15, 2026	HOVNANIAN ARA K	director, 10 percent owner, officer: Chairman of the Board & CEO	Class A Common Stock	A	12,595	—
Jun 25, 2026	SORSBY J LARRY	director	Class A Common Stock	D	1,032	$142.57
Jun 22, 2026	HOVNANIAN ARA K	director, 10 percent owner, officer: Chairman of the Board & CEO	Class A Common Stock	D	12,880	$125.78
Jun 12, 2026	SORSBY J LARRY	director	Class A Common Stock	A	924	—

Earnings Call Transcript of HOV

1 transcript segments

Q3 2026

Unknown Speaker

Operator: Good morning, and thank you for joining us. Today for the Hovnanian Enterprises fiscal two thousand twenty six third quarter Earnings Conference Call. An archive of the webcast will be available after the completion of the call and run for 12 months. This conference is being recorded for rebroadcast and all are currently in a listen-only mode. Management will make some opening remarks about the third quarter results and then open the lines for questions. The company will be broadcast-- excuse me, webcasting a slide presentation along with the opening comments from management. The slides are available on the Investors page of the company's website at www.khov.com. Those listeners who would like to follow along, should now log in to the website. I would now like to turn the call over to Jeffrey O'Keefe, vice president Investor Relations. Jeffrey, please go ahead. Jeffrey T. O'Keefe: Thank you, Lisa, and thank you all for participating in this morning's call to review the results for our third quarter. All statements on this conference call that are not historical facts should be considered as forward looking statements within the meaning of the Safe Harbor provisions of the Private Securities Litigation Reform Act of 2000. Such statements involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied by the forward looking statements. Such forward looking statements include, but are not limited to statements related to the company's goals and expectations with respect to its financial results for future financial periods. Although we believe that our plans, intentions, and expectations reflected in suggested by such forward looking statements are reasonable, we can give no assurance that such plans, intentions, or expectations will be achieved. By their nature, forward looking statements speak only as of the date they are made, are not guarantees of future performance or results, and are subject to risks, uncertainties and assumptions that are difficult to predict or quantify. Therefore, actual results could differ materially and adversely from those forward looking statements as a result of a variety of factors. Such risks, uncertainties and other factors are described in detail in the sections entitled Risk Factors and Management's Discussion and Analysis, particularly the portion of MD&A entitled Safe Harbor Statement in our Annual Report on Form 10-K the fiscal year ended October 31, 2025, and subsequent filings with the Securities and Exchange Commission. Except as otherwise required by applicable security laws, we undertake no obligation to publicly update or revise any forward looking statements whether as a result of new information, future events, changed circumstances or any other reason. Joining me today are Ara K. Hovnanian, chairman and CEO, Brad …

Leadership Team of HOV

8 executives

Name	Title	Compensation	Gender	Year Born	Status
Ara K. Hovnanian	Chief Executive Officer & Chairman of the Board	USD 6,495,793	Male	1957	Active
Joseph F. Riggs	Group President	USD 6,283,880	Male	—	Active
Michael Wyatt	Chief Operating Officer	USD 4,068,008	Male	1967	Active
Alexander Hovnanian	President	USD 1,908,481	Male	1991	Active
Brad G. O'Connor	Chief Financial Officer	USD 1,886,368	Male	1970	Active
Elizabeth D. Tice	Vice President, Corporate Counsel & Secretary	—	Male	—	Active
Jeffrey T. O'Keefe	Vice President of Investor Relations	—	Male	—	Active
Paul Eberly	Treasurer	—	Male	—	Active

Recent News of HOV

Seeking Alpha8/20/2026Neutral

Hovnanian Enterprises, Inc. (HOV) Q3 2026 Earnings Call Transcript

MarketBeat8/20/2026Neutral

Hovnanian Enterprises Q3 Earnings Call Highlights

Hovnanian Enterprises NYSE: HOV reported fiscal 2026 third-quarter revenue of $706 million, slightly above the midpoint of its prior guidance range, as the homebuilder navigated a housing market marked by elevated mortgage rates, incentives and cautious consumer behavior.

WSJ8/20/2026Neutral

Hovnanian Swings to a Loss Amid Continually Challenging Housing Market

The home builder swung to a third-quarter loss as it continues to navigate a challenging housing market.

GlobeNewsWire8/20/2026Neutral

Hovnanian Enterprises Reports Fiscal 2026 Third Quarter Results

Met or Exceeded Guidance on Nearly All Metrics Provided Gross Margins Improved Sequentially for Second Quarter in a Row The Dollar Value of Consolidated Domestic Backlog Increased 5% Year Over Year

Defense World8/16/2026Neutral

Empowered Funds LLC Raises Stake in Hovnanian Enterprises Inc $HOV

Empowered Funds LLC increased its holdings in Hovnanian Enterprises Inc (NYSE: HOV) by 46.5% during the undefined quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 73,146 shares of the construction company's stock after buying an additional 23,234 shares during the quarter.

Historical Employee Count of HOV

Current

1,891

Change

+0.69%

Minimum

1,715

Maximum

1,891

Recent Filings

Report Date	Employees	Form Type	Filing Date	SEC Filing
Oct 31, 2025	1,891	10-K	Dec 22, 2025	View
Oct 31, 2024	1,878	10-K	Dec 18, 2024	View
Oct 31, 2023	1,715	10-K	Dec 18, 2023	View
Oct 31, 2022	1,866	10-K	Dec 19, 2022	View
Oct 31, 2021	1,784	10-K	Jan 4, 2022	View

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Hovnanian Enterprises, Inc.