Hovnanian Enterprises/$HOV
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About Hovnanian Enterprises
Hovnanian Enterprises Inc conducts all of its homebuilding and financial services operations. The company designs, constructs, markets, and sells single-family detached homes, attached townhomes and condominiums, urban infill, and active lifestyle homes in planned residential developments. It has two distinct operations: homebuilding and financial services. Its homebuilding operations are divided geographically into three segments: Northeast, which includes Delaware, Maryland, New Jersey, Ohio, Pennsylvania, Virginia, and West Virginia; Southeast, which includes Florida, Georgia, and South Carolina; and West, which includes Arizona, California, and Texas. The firm generates maximum revenue from the West Segment.
- Ticker
- $HOV
- Sector
- Consumer Discretionary
- Primary listing
- NYSE
- Employees
- 1,891
- Headquarters
- Matawan, United States
- Website
- www.khov.com
HOV Metrics
BasicAdvanced
$691M
139.87
$0.85
1.83
-
Price and volume
Market cap
$691M
Beta
1.83
52-week high
$148.48
52-week low
$91.52
Average daily volume
129K
Financial strength
Current ratio
4.466
Quick ratio
0.538
Long term debt to equity
1.184
Total debt to equity
1.139
Dividend payout ratio (TTM)
58.96%
Interest coverage (TTM)
1.50%
Profitability
EBITDA (TTM)
74.649
Gross margin (TTM)
14.61%
Net profit margin (TTM)
0.64%
Operating margin (TTM)
2.08%
Effective tax rate (TTM)
21.55%
Revenue per employee (TTM)
$1,490,000
Management effectiveness
Return on assets (TTM)
1.34%
Return on equity (TTM)
2.10%
Valuation
Price to earnings (TTM)
139.87
Price to revenue (TTM)
0.272
Price to book
1.01
Price to tangible book (TTM)
1.06
Price to free cash flow (TTM)
4.099
Free cash flow yield (TTM)
24.40%
Free cash flow per share (TTM)
29.024
Growth
Revenue change (TTM)
-10.10%
Earnings per share change (TTM)
-95.21%
3-year revenue growth (CAGR)
0.81%
10-year revenue growth (CAGR)
0.67%
3-year earnings per share growth (CAGR)
-64.13%
10-year earnings per share growth (CAGR)
50.59%
What the Analysts think about HOV
Analyst ratings (Buy, Hold, Sell) for Hovnanian Enterprises stock.
Analyst projections of the future price of Hovnanian Enterprises stock.
Bulls say / Bears say
Adjusted gross margin improved for the second consecutive quarter to 14.6%, and Hovnanian guides to 15.0%–16.5% in the fourth quarter. It also expects adjusted pre-tax profit of $15m–$30m, suggesting the margin recovery could be turning into an earnings recovery. (Hovnanian Enterprises)
Consolidated domestic backlog value rose 5.1% year on year to $881.9m, while backlog including unconsolidated joint ventures rose 4.8% to $1.16bn. That gives the company useful delivery visibility despite a difficult housing market. (Hovnanian Enterprises)
Liquidity was $379.8m, well above the company’s $170m–$245m target range, and 87% of controlled lots were optioned. This land-light structure gives Hovnanian more flexibility to limit capital tied up in land and to pursue opportunities selectively. (Hovnanian Enterprises, The Motley Fool)
Underlying profitability has weakened sharply: nine-month pre-tax income excluding specified land-related items fell to $37.9m from $109.9m a year earlier. In the latest quarter, the company reported a $2.3m loss on the same basis, against $39.8m of income previously. (Hovnanian Enterprises)
Affordability remains a direct demand constraint. High mortgage rates and buyer hesitation helped drive third-quarter domestic net contracts down 4.6% year on year, while the company continues to rely on pricing concessions and incentives to maintain sales pace. (MarketScreener)
The earnings recovery is highly sensitive to financing and rates: third-quarter interest expense was $30.5m, while management’s fourth-quarter outlook assumes no material increase in mortgage rates, inflation or cancellation rates. Hovnanian also flags its highly leveraged capital structure and debt-related restrictions as risks to financing and growth. (Hovnanian Enterprises, Hovnanian Enterprises)
Data summarised monthly by Lightyear AI. Last updated on 18 Sept 2026.
HOV Financial Performance
Revenues and expenses
HOV Earnings Performance
Company profitability
Upcoming events
No upcoming events
HOV News
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Funds containing HOV
AllEURUSDGBP
Fund name | Fund size | $HOV weighting |
|---|---|---|
SPDR Russell 2000 US Small Cap€R2US | €4.8B | 0.02% |
iShares MSCI World Small Cap$WSML | $9B | 0.01% |
iShares MSCI World Small Cap€IUSN | €7.8B | 0.01% |
iShares MSCI World Small Cap£WLDS | £6.7B | 0.01% |
SPDR MSCI All Country World IM€SPYI | €7.5B | 0.00% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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