HOV · NYSE · Residential Construction

Hovnanian Enterprises (HOV)

Builds K. Hovnanian homes with attached mortgage and title services.

$117.31
vs last close−1.65 (−1.39%)
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Hovnanian Enterprises, Inc.HOV
Consumer Discretionary

Builds and sells homes across a 13-state U.S. footprint through regional homebuilding segments and attached financial services. The model combines K. Hovnanian Homes, Four Seasons active-lifestyle communities, and in-house mortgage and title support, with family voting control and housing-cycle financing as structural features.

Builds single-family homes, attached townhomes, condominiums, urban infill homes, and active-lifestyle communities through K. Hovnanian Homes. Four Seasons serves older active-lifestyle buyers, while the financial services arm provides mortgage banking and title services for homebuilding customers.

Operates through Northeast, Southeast, and West homebuilding segments, with a 13-state U.S. footprint and financial services reported separately. The portfolio is domestic and geography-led rather than organized around standalone product revenue lines.

Family leadership and voting control shape governance, with Ara K. Hovnanian as chairman and CEO. Results depend on mortgage rates, buyer incentives, land acquisition and development spending, housing competition, labor and materials availability, and debt maturity management through the housing cycle.

Company facts

CEOAra K. Hovnanian
ListedSep 7, 1983
ExchangeNYSE
HeadquartersMatawan, NJ
CountryUnited States
Employees1,891
CIK0000357294
ISINUS4424874018

Market cap$603.3M
EPS (ttm)$0.8600
P/E (ttm)138.33
ROE2.2%
P/B0.7370
P/S0.2137
Dividend yieldDiv yield
Beta1.59vs XLY 1.29

No analyst consensus on record.

Next report
Dec 3, 26
in 71 days
EPS estimate
$2.80
Revenue estimate
$826.0M
Fiscal quarter
Q4 FY26

EPSReportedEstimate

Feb '25May '25Aug '25Dec '25Feb '26May '26Aug '26Dec '26
Reported$3.58$2.43$1.99$5.96$2.62−$0.46−$0.70Pending
Estimate$2.71$2.45$3.51$0.63−$0.98−$2.04−$0.56$2.80
Surprise+32.1%−0.8%−43.3%+846.0%+367.3%+77.5%−25.0%

RevenueReportedEstimate

Feb '25May '25Aug '25Dec '25Feb '26May '26Aug '26Dec '26
Reported$673.6M$686.5M$800.6M$817.9M$632.0M$667.6M$705.7MPending
Estimate$705.8M$806.2M$814.5M$628.5M$628.5M$626.4M$723.5M$826.0M
Surprise−4.6%−14.9%−1.7%+30.1%+0.5%+6.6%−2.5%
Estimate$2.80
ReportedDue Dec 3, 2026
Estimate$826.0M
ReportedDue Dec 3, 2026
View details

Debt to equity114.20%
Current ratio234.20%

ProfitabilityRevenueNet incomeNet margin

Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26
Revenue$979.6M$673.6M$686.5M$800.6M$817.9M$632.0M$667.6M$705.7M
Net income$94.3M$28.2M$19.7M$16.6M−$667.0K$20.9M−$284.0K−$1.8M
Net margin9.6%4.2%2.9%2.1%0.0%3.3%0.0%0.0%

GrowthOperating income

Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26
Operating income$108.6M$19.6M$26.7M$15.9M$8.6M$562.7M$14.5M$5.2M
YoY growthTurned profit−28.2%−58.3%−67.0%−92.0%+2,777.3%−45.7%−67.3%

Balance sheet, Jul 31, 2026Cash & short-term investments $258.3M · Total debt $934.9M · Total assets $2.86B · Shareholders' equity $818.7M

Revenue
$705.7M
Operating income
$5.2M
Net income
−$1.8M
View details

No dividends on record.

Institutions≈ 57.81%3.39M shares
182 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail
Insiders14.49%849.0K shares
11 holders · as of Jul 17, 2026
Other≈ 27.70%1.62M shares
remainder

5.86M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Two share counts disagree (5.86M in the company's Sep 23, 2026 report, 5.07M elsewhere); stakes use the report.

This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.

This company has 2 share classes; every stake here is a share of the whole company.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
7.23%423,884 Aas of Jun 30, 2026
Ara K. HovnanianInsiderdirector, 10 percent owner, officer: Chairman of the Board & CEO
6.83%324,716 B · 75,491 Afiled Jul 17, 2026
State Street CorpInstitution
3.61%211,730 Aas of Jun 30, 2026
Vanguard Capital Management LLCInstitution
3.36%196,933 Aas of Jun 30, 2026
J. Larry SorsbyInsiderdirector
3.23%189,268 Afiled Jun 26, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Jun 25, 2026J. Larry Sorsbydirector−1,032$142.57
Jun 22, 2026Ara K. Hovnaniandirector, 10 percent owner, officer: Chairman of the Board & CEO−12,880$125.78
Sep 19, 2024J. Larry Sorsbydirector−2,284$227.40
View details

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Compare

CompanyPriceChange
Hovnanian Enterprises$117.31−1.39%$603.3M138.341.90.2−11.9%
D.R. Horton$141.70−1.67%$40.31B13.712.71.2+0.0%
Lennar$82.10−1.16%$20.62B15.716.90.6−9.0%
PulteGroup$119.78−2.05%$23.60B12.611.21.4−9.6%
NVR$6,261.29−1.22%$17.11B16.516.21.8−10.6%
Toll Brothers$137.84+0.20%$12.86B11.010.11.2−9.7%
Meritage Homes$65.16−1.87%$4.43B13.912.00.8−14.3%
KB Home$48.68+0.19%$2.98B13.711.40.6−20.0%
Median13.712.01.2−9.7%