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Consumer Cyclical - Residential Construction - NYSE - US
$ 167.94
-0.715 %
$ 1.02 B
Market Cap
5.21
P/E
1. INTRINSIC VALUE

Hovnanian Enterprises, Inc. engages in the design, construction, marketing, and sale of 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, first-time and second-time move-up buyers, luxury buyers, active lifestyle buyers, and empty nesters. It also provides mortgage loans and title insurance services. The company was founded in 1959 and is headquartered in Matawan, New Jersey.[ Read More ]

The intrinsic value of one HOV stock under the base case scenario is HIDDEN Compared to the current market price of 168 USD, Hovnanian Enterprises, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart HOV

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FINANCIALS
2.76 B REVENUE
-5.69%
277 M OPERATING INCOME
-24.84%
206 M NET INCOME
-8.69%
435 M OPERATING CASH FLOW
386.53%
-78.2 M INVESTING CASH FLOW
-3535.46%
-262 M FINANCING CASH FLOW
-1484.21%
723 M REVENUE
2.02%
-1.19 B OPERATING INCOME
-1775.95%
55.8 M NET INCOME
9.69%
-92.1 M OPERATING CASH FLOW
-103.36%
-3.1 M INVESTING CASH FLOW
90.64%
48.3 M FINANCING CASH FLOW
176.44%
Balance Sheet Decomposition Hovnanian Enterprises, Inc.
image
Current Assets 1.96 B
Cash & Short-Term Investments 434 M
Receivables 28 M
Other Current Assets 1.5 B
Non-Current Assets 673 M
Long-Term Investments 97.9 M
PP&E 59.7 M
Other Non-Current Assets 516 M
Current Liabilities 537 M
Accounts Payable 387 M
Short-Term Debt 0
Other Current Liabilities 150 M
Non-Current Liabilities 1.37 B
Long-Term Debt 1.16 B
Other Non-Current Liabilities 213 M
EFFICIENCY
Earnings Waterfall Hovnanian Enterprises, Inc.
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Revenue 2.76 B
Cost Of Revenue 2.18 B
Gross Profit 580 M
Operating Expenses 305 M
Operating Income 277 M
Other Expenses 71 M
Net Income 206 M
RATIOS
21.05% GROSS MARGIN
21.05%
10.05% OPERATING MARGIN
10.05%
7.47% NET MARGIN
7.47%
35.39% ROE
35.39%
8.26% ROA
8.26%
12.91% ROIC
12.91%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Hovnanian Enterprises, Inc.
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Net Income 206 M
Depreciation & Amortization 8.8 M
Capital Expenditures -18.8 M
Stock-Based Compensation 14.2 M
Change in Working Capital 241 M
Others -64.7 M
Free Cash Flow 416 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Hovnanian Enterprises, Inc.
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HOV has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.20% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Hovnanian Enterprises, Inc.
image
Sold
0-3 MONTHS
15.2 M USD 6
3-6 MONTHS
8.42 M USD 3
6-9 MONTHS
158 K USD 1
9-12 MONTHS
13.8 M USD 4
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
1 month ago
Oct 15, 2024
Sell 87.1 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 446
195.2279 USD
1 month ago
Oct 15, 2024
Sell 154 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 783
196.7323 USD
1 month ago
Oct 14, 2024
Sell 126 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 644
194.9934 USD
1 month ago
Oct 14, 2024
Sell 132 K USD
KANGAS EDWARD A
Director
- 700
188.1743 USD
1 month ago
Oct 14, 2024
Sell 152 K USD
KANGAS EDWARD A
Director
- 800
189.4631 USD
1 month ago
Oct 01, 2024
Sell 60.1 K USD
PAGANO VINCENT JR
Director
- 300
200.2112 USD
1 month ago
Oct 01, 2024
Sell 543 K USD
PAGANO VINCENT JR
Director
- 2700
201.21 USD
1 month ago
Sep 27, 2024
Sell 109 K USD
Sellers Robin Stone
Director
- 531
205.7479 USD
1 month ago
Sep 27, 2024
Sell 56.3 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 277
203.3782 USD
1 month ago
Sep 27, 2024
Sell 61.4 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 300
204.5208 USD
1 month ago
Sep 27, 2024
Sell 60.6 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 300
201.915 USD
1 month ago
Sep 23, 2024
Sell 27.1 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 123
220.13 USD
1 month ago
Sep 19, 2024
Sell 22.8 K USD
SORSBY J LARRY
Director
- 100
227.91 USD
1 month ago
Sep 19, 2024
Sell 173 K USD
SORSBY J LARRY
Director
- 760
227.0431 USD
1 month ago
Sep 19, 2024
Sell 721 K USD
SORSBY J LARRY
Director
- 3202
225.1995 USD
2 months ago
Sep 16, 2024
Sell 153 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 720
212.42 USD
2 months ago
Sep 16, 2024
Sell 205 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 945
216.85 USD
2 months ago
Sep 16, 2024
Sell 639 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 2983
214.175 USD
2 months ago
Sep 16, 2024
Sell 695 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 3216
216.16 USD
2 months ago
Sep 16, 2024
Sell 1.22 M USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 5688
215.13 USD
2 months ago
Sep 17, 2024
Sell 971 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 4415
220.04 USD
2 months ago
Aug 29, 2024
Sell 239 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 1082
221.2155 USD
2 months ago
Aug 29, 2024
Sell 609 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 2791
218.0302 USD
2 months ago
Aug 29, 2024
Sell 1.16 M USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 5251
220.1154 USD
2 months ago
Aug 30, 2024
Sell 2.86 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 13
220 USD
2 months ago
Aug 27, 2024
Sell 11.9 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 53
224.54 USD
2 months ago
Aug 27, 2024
Sell 26.8 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 120
223.5701 USD
2 months ago
Aug 27, 2024
Sell 105 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 471
222.8299 USD
2 months ago
Aug 23, 2024
Sell 701 USD
KANGAS EDWARD A
Director
- 3
233.605 USD
2 months ago
Aug 23, 2024
Sell 928 K USD
KANGAS EDWARD A
Director
- 3997
232.2075 USD
2 months ago
Aug 23, 2024
Sell 47.1 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 200
235.43 USD
2 months ago
Aug 23, 2024
Sell 83.1 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 351
236.764 USD
2 months ago
Aug 23, 2024
Sell 81.4 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 356
228.6 USD
2 months ago
Aug 23, 2024
Sell 162 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 692
233.696 USD
2 months ago
Aug 23, 2024
Sell 1.16 M USD
MARENGI JOSEPH A
Director
- 4962
232.95 USD
2 months ago
Aug 23, 2024
Sell 320 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 1374
232.752 USD
2 months ago
Aug 23, 2024
Sell 380 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 1638
231.792 USD
2 months ago
Aug 23, 2024
Sell 643 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 2794
229.981 USD
2 months ago
Aug 23, 2024
Sell 790 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 3425
230.646 USD
2 months ago
Aug 23, 2024
Sell 2.08 M USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 9170
227.236 USD
4 months ago
Jul 11, 2024
Sell 589 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 3815
154.325 USD
4 months ago
Jul 11, 2024
Sell 660 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 4335
152.202 USD
4 months ago
Jul 11, 2024
Sell 898 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 5850
153.446 USD
4 months ago
Jun 26, 2024
Sell 157 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 1123
140.0482 USD
4 months ago
Jun 27, 2024
Sell 320 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 2283
140.2158 USD
4 months ago
Jun 28, 2024
Sell 35.7 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 246
145 USD
4 months ago
Jun 28, 2024
Sell 77.3 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 539
143.4075 USD
4 months ago
Jun 28, 2024
Sell 390 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 2743
142.2902 USD
4 months ago
Jun 28, 2024
Sell 1.27 M USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 8961
141.6074 USD
4 months ago
Jun 28, 2024
Sell 1.71 M USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 12197
140.161 USD
4 months ago
Jun 24, 2024
Sell 297 USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 2
148.305 USD
4 months ago
Jun 24, 2024
Sell 94.1 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 644
146.107 USD
4 months ago
Jun 24, 2024
Sell 188 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 1296
145.11 USD
4 months ago
Jun 24, 2024
Sell 385 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 2606
147.565 USD
5 months ago
Jun 17, 2024
Sell 107 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 686
155.4 USD
5 months ago
Jun 17, 2024
Sell 1.03 M USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 6674
154.15 USD
5 months ago
Jun 13, 2024
Sell 225 K USD
Sellers Robin Stone
Director
- 1459
154.2 USD
5 months ago
May 31, 2024
Sell 102 K USD
KANGAS EDWARD A
Director
- 700
145.267 USD
5 months ago
May 31, 2024
Sell 188 K USD
KANGAS EDWARD A
Director
- 1300
144.423 USD
7 months ago
Mar 21, 2024
Sell 158 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 1000
157.82 USD
10 months ago
Dec 20, 2023
Sell 136 K USD
PAGANO VINCENT JR
Director
- 875
155.0153 USD
10 months ago
Dec 20, 2023
Sell 461 K USD
PAGANO VINCENT JR
Director
- 2987
154.4646 USD
10 months ago
Dec 19, 2023
Sell 28.2 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 181
155.9821 USD
11 months ago
Dec 18, 2023
Sell 442 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 3000
147.3281 USD
10 months ago
Dec 19, 2023
Sell 416 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 2699
153.9897 USD
10 months ago
Dec 19, 2023
Sell 446 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 2874
155.0673 USD
10 months ago
Dec 19, 2023
Sell 651 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 4246
153.2692 USD
11 months ago
Dec 14, 2023
Sell 297 K USD
SORSBY J LARRY
Director
- 1885
157.4564 USD
11 months ago
Dec 14, 2023
Sell 1.84 M USD
SORSBY J LARRY
Director
- 11752
156.9924 USD
11 months ago
Dec 14, 2023
Sell 174 K USD
SORSBY J LARRY
Director
- 1100
158.0609 USD
11 months ago
Dec 14, 2023
Sell 826 K USD
SORSBY J LARRY
Director
- 5263
156.9949 USD
11 months ago
Dec 15, 2023
Sell 773 K USD
KANGAS EDWARD A
Director
- 5000
154.51 USD
11 months ago
Dec 12, 2023
Sell 335 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 2359
141.836 USD
11 months ago
Dec 12, 2023
Sell 488 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 3462
141.077 USD
11 months ago
Dec 12, 2023
Sell 2.01 M USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 14380
139.71 USD
11 months ago
Dec 11, 2023
Sell 143 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 1002
142.5535 USD
11 months ago
Dec 11, 2023
Sell 1.38 M USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 9774
141.252 USD
11 months ago
Dec 11, 2023
Sell 3 M USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 21341
140.3686 USD
1 year ago
Oct 09, 2023
Sell 474 K USD
KANGAS EDWARD A
Director
- 5500
86.21 USD
1 year ago
Jul 11, 2023
Sell 48.4 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 500
96.7177 USD
1 year ago
Jun 30, 2023
Sell 18.5 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 192
96.5156 USD
1 year ago
Jun 30, 2023
Sell 725 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 7611
95.2522 USD
1 year ago
Jun 29, 2023
Sell 209 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 2197
95.062 USD
1 year ago
Jun 28, 2023
Sell 3.29 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 34
96.85 USD
1 year ago
Jun 28, 2023
Sell 103 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 1066
96.1785 USD
1 year ago
Jun 27, 2023
Sell 1.4 M USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 14754
95.0307 USD
1 year ago
Jun 28, 2023
Sell 708 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 7453
95.0052 USD
1 year ago
Jun 23, 2023
Sell 15.4 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 162
95 USD
1 year ago
Jun 26, 2023
Sell 71.7 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 755
95 USD
1 year ago
Jun 21, 2023
Sell 109 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 1075
101.1181 USD
1 year ago
Jun 21, 2023
Sell 1.43 M USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 14277
100.3086 USD
1 year ago
Jun 21, 2023
Sell 2.45 M USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 24648
99.4596 USD
1 year ago
Jun 22, 2023
Sell 56.4 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 581
97.1046 USD
1 year ago
Jun 22, 2023
Sell 64.7 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 672
96.2584 USD
1 year ago
Jun 22, 2023
Sell 105 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 1059
99.0663 USD
1 year ago
Jun 22, 2023
Sell 147 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 1496
98.3923 USD
1 year ago
Jun 22, 2023
Sell 293 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 3068
95.3592 USD
1 year ago
Mar 06, 2023
Sell 666 K USD
KANGAS EDWARD A
Director
- 10000
66.617 USD
3 years ago
Jul 30, 2021
Sell 1.05 M USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 10000
105.45 USD
3 years ago
Mar 09, 2021
Sell 252 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 2809
89.69 USD
3 years ago
Mar 09, 2021
Sell 638 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 7191
88.72 USD
4 years ago
Jan 13, 2020
Sell 497 K USD
HOVNANIAN ARA K
Chairman of Bd., Pres. & CEO
- 22000
22.61 USD
7. News
2 Small Caps: Should You Bet the "House"? HOV and AXR are two housing plays approaching different geographical markets. zacks.com - 2 weeks ago
K. Hovnanian® Homes Recognized with Department of Energy Housing Innovation Award K. Hovnanian® Homes is proud to announce the U.S. Department of Energy (DOE) recognized their Phoenix Division as a 2024 Housing Innovation award winner. globenewswire.com - 3 weeks ago
Hovnanian Enterprises to Present at Deutsche Bank's 32nd Annual Leveraged Finance Conference MATAWAN, N.J., Sept. 16, 2024 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, announced that senior management will be presenting at Deutsche Bank's 32nd Annual Leveraged Finance Conference taking place on Tuesday, September 24, 2024, at 11:00 am ET. globenewswire.com - 2 months ago
Hovnanian Enterprises: Lower Mortgage Rates And Quick-Move-In Homes Imply Undervaluation Hovnanian Enterprises, Inc. is experiencing impressive net sales growth due to lower mortgage rates and strategic initiatives like quick-move-in homes and curated "looks" packages. The company's reduction in debt, increase in assets, and free cash flow growth are expected to boost stock demand and price. Despite risks from interest rate hikes, labor shortages, and raw material scarcity, HOV is significantly undervalued and ongoing stock repurchases may enhance its value. seekingalpha.com - 2 months ago
Hovnanian (HOV) Q3 Earnings Rise Y/Y, '24 Revenue View Hikes A y/y increase in home sales revenues aids Hovnanian's (HOV) earnings in Q3. zacks.com - 2 months ago
Hovnanian Enterprises, Inc. (HOV) Q3 2024 Earnings Call Transcript Hovnanian Enterprises, Inc. (NYSE:HOV ) Q3 2024 Results Conference Call August 22, 2024 11:00 AM ET Company Participants Jeff O'Keefe - Vice President, Investor Relations Ara Hovnanian - Chairman, President, Chief Executive Officer Brad O'Connor - Chief Financial Officer and Treasurer David Mitrisin - Vice President, Corporate Controller Conference Call Participants Alan Ratner - Zelman & Associates Jordan Hymowitz - Philadelphia Financial Management of San Francisco Alex Barron - Housing Research Center Operator Good morning, and thank you for joining us today for Hovnanian Enterprises Fiscal 2024 Third Quarter Earnings Conference Call. An archive of the webcast will be available after the completion of the call and run for 12 months. seekingalpha.com - 2 months ago
HOV Stock Earnings: Hovnanian Enterprises Reported Results for Q3 2024 Hovnanian Enterprises (NYSE: HOV ) just reported results for the third quarter of 2024. Hovnanian Enterprises reported earnings per share of $9.75. investorplace.com - 2 months ago
Hovnanian Enterprises Reports Fiscal 2024 Third Quarter Results 11% Year-Over-Year Growth in Total Revenues Income Before Income Taxes Increased 38% Year-Over-Year 24% Year-Over-Year Growth in Consolidated Community Count Total Consolidated Lots Controlled Increased 34% Year-Over-Year Increased Midpoint of Full Year Adjusted Income Before Income Tax Guidance by 11% to $313 Million globenewswire.com - 2 months ago
Hovnanian Enterprises Announces Third Quarter Fiscal 2024 Earnings Release and Conference Call MATAWAN, N.J., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, will release financial results for the third quarter ended July 31, 2024, the morning of Thursday, August 22, 2024. The Company will webcast its third quarter earnings conference call at 11:00 a.m. (ET) on Thursday, August 22, 2024. globenewswire.com - 3 months ago
Top 2 Consumer Stocks That May Fall Off A Cliff This Quarter As of July 24, 2024, two stocks in the consumer discretionary sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. benzinga.com - 3 months ago
Hovnanian Enterprises: Strong Additional Upside Is Warranted Hovnanian Enterprises is a cheap homebuilder catering to a wide audience with homes ranging from $135,000 to $1.77 million. Despite a decline in revenue and profitability in 2023, the company has seen growth in orders and deliveries in 2024. With attractively priced shares and potential industry weakness, Hovnanian Enterprises is upgraded to a "strong buy" based on impressive performance. seekingalpha.com - 4 months ago
8. Profile Summary

Hovnanian Enterprises, Inc. HOV

image
COUNTRY US
INDUSTRY Residential Construction
MARKET CAP $ 1.02 B
Dividend Yield 0.20%
Description Hovnanian Enterprises, Inc. engages in the design, construction, marketing, and sale of 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, first-time and second-time move-up buyers, luxury buyers, active lifestyle buyers, and empty nesters. It also provides mortgage loans and title insurance services. The company was founded in 1959 and is headquartered in Matawan, New Jersey.
Contact 90 Matawan Road, Matawan, NJ, 07747 https://www.khov.com
IPO Date Sept. 7, 1983
Employees 1715
Officers Mr. Michael P. Wyatt Group President Mr. Jeffrey T. O'Keefe Vice President of Investor Relations Mr. Ara K. Hovnanian Chief Executive Officer & Chairman of the Board Mr. Paul Marabella Chief Information Officer & Vice President Mr. Joseph F. Riggs Group President Mr. Elizabeth D. Tice Vice President, Corporate Counsel & Secretary Mr. Alexander Hovnanian Executive Vice President - National Homebuilding Operations