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

Hovnanian Enterprises, Inc. is a leading company focused on the entire process of developing residential properties across the United States. This includes ...
Plutux is not an investment adviser. Market data and AI-generated analysis are for information and education only, not investment advice. Disclaimer
Hovnanian Enterprises, Inc. (HOV) Q3 2026 Earnings Call Transcript

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.

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

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

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.


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

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.

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

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

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.

ATLANTIC CITY, N.J., Aug. 14, 2026 (GLOBE NEWSWIRE) -- K.

MATAWAN, N.J., Aug. 06, 2026 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, will release financial results for the third quarter ended July 31, 2026, the morning of Thursday, August 20, 2026. The Company will webcast its third quarter earnings conference call at 11:00 a.m. (ET) on Thursday, August 20, 2026.

Hovnanian Enterprises (HOV) is downgraded from 'strong buy' to 'buy' after strong gains, reflecting rising caution amid deteriorating housing and macro conditions. HOV's Q2 revenue fell to $667.6M on an 11.8% drop in homes closed, with profitability pressured by increased incentives and shrinking margins. Net leverage is rising, cancellation rates increased to 21%, and analysts expect further revenue and profit declines in upcoming quarters.

K. Hovnanian Middle East begins its next chapter as the Saudi developer deepens its investment in the Kingdom, reinforcing its long-term commitment to Saudi Arabia and Vision 2030 K. Hovnanian Middle East begins its next chapter as the Saudi developer deepens its investment in the Kingdom, reinforcing its long-term commitment to Saudi Arabia and Vision 2030