image
Consumer Cyclical - Residential Construction - NYSE - US
$ 95.99
-8.03 %
$ 569 M
Market Cap
2.96
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one HOV stock under the worst case scenario is HIDDEN Compared to the current market price of 96 USD, Hovnanian Enterprises, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one HOV stock under the base case scenario is HIDDEN Compared to the current market price of 96 USD, Hovnanian Enterprises, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one HOV stock under the best case scenario is HIDDEN Compared to the current market price of 96 USD, Hovnanian Enterprises, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart HOV

image
$220.0$220.0$200.0$200.0$180.0$180.0$160.0$160.0$140.0$140.0$120.0$120.0$100.0$100.0$80.0$80.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
3 B REVENUE
9.03%
260 M OPERATING INCOME
-6.26%
242 M NET INCOME
17.54%
23.6 M OPERATING CASH FLOW
-94.57%
-46.5 M INVESTING CASH FLOW
40.60%
-188 M FINANCING CASH FLOW
28.19%
674 M REVENUE
-31.24%
602 M OPERATING INCOME
417.17%
28.2 M NET INCOME
-70.12%
-55.9 M OPERATING CASH FLOW
-48.86%
-25.1 M INVESTING CASH FLOW
-305.80%
-41.6 M FINANCING CASH FLOW
-55.38%
Balance Sheet Hovnanian Enterprises, Inc.
image
Current Assets 1.89 B
Cash & Short-Term Investments 210 M
Receivables 29.4 M
Other Current Assets 1.65 B
Non-Current Assets 714 M
Long-Term Investments 143 M
PP&E 43.4 M
Other Non-Current Assets 527 M
8.06 %63.43 %5.48 %20.23 %Total Assets$2.6b
Current Liabilities 5.48 M
Accounts Payable 433 M
Short-Term Debt 0
Other Current Liabilities -428 M
Non-Current Liabilities 1.8 B
Long-Term Debt 987 M
Other Non-Current Liabilities 813 M
24.00 %54.67 %45.03 %Total Liabilities$1.8b
EFFICIENCY
Earnings Waterfall Hovnanian Enterprises, Inc.
image
Revenue 3 B
Cost Of Revenue 2.4 B
Gross Profit 602 M
Operating Expenses 342 M
Operating Income 260 M
Other Expenses 17.6 M
Net Income 242 M
4b4b3b3b3b3b2b2b2b2b1b1b500m500m003b(2b)602m(342m)260m(18m)242mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
20.03% GROSS MARGIN
20.03%
8.64% OPERATING MARGIN
8.64%
8.05% NET MARGIN
8.05%
30.24% ROE
30.24%
9.29% ROA
9.29%
7.62% ROIC
7.62%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Hovnanian Enterprises, Inc.
image
500m500m400m400m300m300m200m200m100m100m00(100m)(100m)(200m)(200m)(300m)(300m)(400m)(400m)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 242 M
Depreciation & Amortization 7.73 M
Capital Expenditures -17.9 M
Stock-Based Compensation 25.3 M
Change in Working Capital 0
Others -313 M
Free Cash Flow 5.78 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Hovnanian Enterprises, Inc.
image
HOV has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 12
6. Ownership
Insider Ownership Hovnanian Enterprises, Inc.
image
Sold
0-3 MONTHS
308 K USD 2
3-6 MONTHS
90.3 K USD 1
6-9 MONTHS
15.2 M USD 6
9-12 MONTHS
8.42 M USD 3
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
7. News
Strength Seen in Hovnanian (HOV): Can Its 10.6% Jump Turn into More Strength? Hovnanian (HOV) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road. zacks.com - 1 week ago
Hovnanian Q1 Earnings Rise 23%, Margins Decline on Incentives HOV's Q1 revenues grow 13%, but margins fall as incentives rise. Contracts increase, while the backlog declines amid shifting market dynamics. zacks.com - 1 month ago
Hovnanian Enterprises, Inc. (HOV) Q1 2025 Earnings Call Transcript Hovnanian Enterprises, Inc. (NYSE:HOV ) Q1 2025 Earnings Conference Call February 24, 2025 11:00 AM ET Company Participants Jeff O'Keefe - Vice President, Investor Relations Ara Hovnanian - Chairman, President and CEO Brad O'Connor – Chief Financial Officer David Mitrisin - Vice President, Corporate Controller Paul Eberly - Vice President, Finance and Treasurer Conference Call Participants Alan Ratner - Zelman & Associates Alex Barron - Housing Research Center Jay McCanless - Wedbush Operator Good morning and thank you for joining us today for Hovnanian Enterprises Fiscal 2025 First 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 - 1 month ago
Hovnanian Enterprises Reports Fiscal 2025 First Quarter Results 13% Increase in Total Revenues  Income Before Income Taxes Increased 22% Year-Over-Year  7% Year-Over-Year Quarterly Growth in Consolidated Contracts  Total Consolidated Lots Controlled Increased 29% Year-Over-Year globenewswire.com - 1 month ago
Hovnanian Enterprises Announces First Quarter Fiscal 2025 Earnings Release and Conference Call MATAWAN, N.J., Feb. 10, 2025 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, will release financial results for the first quarter ended January 31, 2025, the morning of Monday, February 24, 2025. The Company will webcast its first quarter earnings conference call at 11:00 a.m. (ET) on Monday, February 24, 2025. globenewswire.com - 2 months ago
Hovnanian Enterprises Is One Of The Most Compelling Prospects In This Market Hovnanian Enterprises, Inc. is a top buying opportunity due to its low valuation, sizable backlog, and rising net new contracts despite recent stock volatility. The company's diverse home portfolio and strategic lot acquisition have strengthened its financial position, reducing debt and increasing book value. Persistent high-interest rates pose short-term risks, but long-term housing demand driven by population growth supports a positive outlook. seekingalpha.com - 3 months ago
Hovnanian Enterprises Q4 Earnings Decline Y/Y, Revenues Up HOV's strategic focus on contracts and land expansion drives strong Q4 growth despite cost and margin pressures. zacks.com - 4 months ago
Hovnanian Enterprises, Inc. (HOV) Q4 2024 Earnings Call Transcript Hovnanian Enterprises, Inc. (NYSE:HOV ) Q4 2024 Earnings Conference Call December 5, 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 Conference Call Participants Alan Ratner - Zelman & Associates Alex Barron - Housing Research Center Austin Hopper - AWH Capital Operator Good morning and thank you for joining us today for Hovnanian Enterprises Fiscal 2024 Fourth 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 - 4 months ago
Hovnanian Enterprises Reports Fiscal 2024 Fourth Quarter and Full Year Results Full Year Income Before Income Taxes Increased 24% Year-Over-Year 44% Year-Over-Year Quarterly Growth in Consolidated Contracts Total Consolidated Lots Controlled Increased 32% Year-Over-Year 47% Year-Over-Year Growth in Annual Land and Land Development Spend globenewswire.com - 4 months ago
K. Hovnanian️'s Northeast Division Awarded Special Honors by U.S. Department of Energy MATAWAN, N.J., Dec. 04, 2024 (GLOBE NEWSWIRE) -- K. globenewswire.com - 4 months ago
K. Hovnanian® Homes Launches Groundbreaking New Website MATAWAN, N.J., Dec. 02, 2024 (GLOBE NEWSWIRE) -- K. globenewswire.com - 4 months ago
Hovnanian Enterprises Announces Fiscal Year 2024 Earnings Release and Conference Call MATAWAN, N.J., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, will release financial results for the fourth quarter and fiscal year ended October 31, 2024, the morning of Thursday, December 5, 2024. The Company will webcast its fourth quarter earnings conference call at 11:00 a.m. (ET) on Thursday, December 5, 2024. globenewswire.com - 4 months ago
8. Profile Summary

Hovnanian Enterprises, Inc. HOV

image
COUNTRY US
INDUSTRY Residential Construction
MARKET CAP $ 569 M
Dividend Yield 0.31%
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 1878
Officers Mr. Ara K. Hovnanian President, Chief Executive Officer & Chairman of the Board Mr. Joseph F. Riggs Group President Mr. Michael P. Wyatt Group President Mr. Paul Eberly Treasurer Mr. Jeffrey T. O'Keefe Vice President of Investor Relations Mr. Brad G. O'Connor CPA Chief Financial Officer Mr. Alexander Hovnanian Executive Vice President - National Homebuilding Operations Mr. Elizabeth D. Tice Vice President, Corporate Counsel & Secretary