Hovnanian Enterprises, Inc. PFD DEP1/1000A
NASDAQ Global MarketCapital Structure
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in mil. unless spec.Company Description
- CEO
- Ara K. Hovnanian
- Full Time Employees
- 1,891
- Sector
- Consumer Cyclical
- Industry
- Residential Construction
- Address
- 90 Matawan Road, 5th Floor Matawan NJ United States of America 07747
- IPO Date
- Nov 30, 2005
- CIK
- 0000357294
- Website
- khov.com
- Similar Companies
- Business
- Hovnanian Enterprises, Inc. (NYSE: HOVNP) designs, constructs, markets, and sells single-family detached homes, attached townhomes and condominiums, urban infill homes, and active lifestyle homes including retirement communities under the Four Seasons brand; it also provides related financial services such as mortgage lending through subsidiaries. Founded in 1959 by Kevork S. Hovnanian and headquartered in Matawan, New Jersey, the company operates in 14 states including Arizona, California, Delaware, Florida, Georgia, Illinois, Maryland, New Jersey, Ohio, Pennsylvania, South Carolina, Texas, Virginia, and West Virginia, targeting first-time buyers, move-up families, and active adults with base home prices ranging from approximately $144,000 to over $2 million. Recent strategic developments include the expansion of a joint venture with GTIS Partners involving approximately $115 million in capital for homebuilding projects, with Hovnanian contributing 30%; a May 2025 partnership between subsidiary K. Hovnanian M.E. and Saudi Arabia's National Housing Company (NHC); and a shift toward new land acquisitions alongside Q1 2026 revenue guidance of $550 million to $650 million with improving margins. The family-controlled firm, led by CEO Ara K. Hovnanian, maintains over 50% voting control and emphasizes smart home technologies, curated interior design programs like Looks (Elements, Loft, Farmhouse, Classic), and energy-efficient features in its planned residential communities.
Company News
Hovnanian Enterprises: Preferred Stock Warrants Caution (Rating Downgrade)
Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP) Shares Cross Below 50 Day Moving Average – Here’s What Happened
Hovnanian Enterprises, Inc. (HOV) Presents at J.P. Morgan 2026 Global Leveraged Finance Conference Transcript
Hovnanian Enterprises, Inc. (HOV) Q1 2026 Earnings Call Transcript
Hovnanian: Lukewarm About This Small-Cap Homebuilder As It Approaches Q1 Earnings
Hovnanian Enterprises: The House Fell Down
Hovnanian Enterprises Swings to Loss as Hesitant Homebuyers Squeeze Margins
Hovnanian Enterprises, Inc. (HOV) Q4 2025 Earnings Call Transcript
Hovnanian Enterprises Logs Loss on Higher Costs, Tighter Margins
Hovnanian Enterprises: A Great Way To Capture A 9.3% Yield
Hovnanian: Benefits From Improved Sentiment Towards Homebuilders, But Risks Remain
Hovnanian Enterprises, Inc. (HOV) Q3 2025 Earnings Call Transcript
Hovnanian Enterprises: A Top-Tier Homebuilder
Hovnanian Enterprises, Inc. (HOV) Q2 2025 Earnings Call Transcript
Hovnanian Enterprises: Shares Are Too Cheap To Pass Up
Hovnanian Enterprises: Cheap With Plenty Of Caveats
Hovnanian Enterprises, Inc. (HOV) Q1 2025 Earnings Call Transcript
Hovnanian Enterprises Is One Of The Most Compelling Prospects In This Market
Hovnanian Enterprises, Inc. (HOV) Q4 2024 Earnings Call Transcript
Hovnanian Enterprises: Lower Mortgage Rates And Quick-Move-In Homes Imply Undervaluation