Hovnanian Enterprises/$HOV
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Capital at risk
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
$601M
119.29
$0.85
1.83
-
Price and volume
Market cap
$601M
Beta
1.83
52-week high
$148.48
52-week low
$90.17
Average daily volume
126K
Financial strength
Current ratio
4.466
Quick ratio
0.538
Long term debt to equity
1.184
Total debt to equity
1.311
Dividend payout ratio (TTM)
58.96%
Interest coverage (TTM)
1.50%
Profitability
EBITDA (TTM)
84.286
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)
119.294
Price to revenue (TTM)
0.232
Price to book
0.88
Price to tangible book (TTM)
0.92
Price to free cash flow (TTM)
3.496
Free cash flow yield (TTM)
28.61%
Free cash flow per share (TTM)
29.024
Growth
Revenue change (TTM)
-10.10%
Earnings per share change (TTM)
-95.89%
3-year revenue growth (CAGR)
0.81%
10-year revenue growth (CAGR)
0.67%
3-year earnings per share growth (CAGR)
-65.88%
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
Gross margins appear to have passed their first-quarter trough: they improved sequentially for a second quarter, and Hovnanian expects adjusted gross margin of 15%–16.5% in the fourth quarter. If newer communities make up more deliveries, that recovery could continue. (Hovnanian Enterprises)
The value of consolidated domestic backlog rose 5.1% year on year to $881.9 million, while backlog including joint ventures rose 4.8%. That offers some support for upcoming deliveries despite weaker new contracts. (Hovnanian Enterprises)
Hovnanian ended July with $379.8 million of liquidity, above its $170 million–$245 million target, and a record 87% of controlled lots were optioned. That land-light position gives it flexibility to limit capital tied up in land and pursue attractive sites. (Hovnanian Enterprises)
S&P cut Hovnanian’s issuer rating to B from B+, citing weaker profitability and persistent mortgage-rate headwinds. Its adjusted debt-to-EBITDA ratio was 6.7 times in the third quarter, and S&P forecasts leverage of 5.4–6.8 times over the next year. (S&P Global Ratings)
Third-quarter revenue fell 11.8% year on year to $705.7 million, and the company recorded a net loss attributable to Hovnanian shareholders instead of the prior-year profit. The softer top line reflects lower home sales and a weaker contribution from joint ventures. (Hovnanian Enterprises)
Adjusted homebuilding gross margin was 14.6% before interest and land charges, down from 17.3% a year earlier, as the company used more incentives and mortgage-rate buydowns to sustain sales. Those concessions may continue to limit profit recovery while affordability remains strained. (Hovnanian Enterprises)
Data summarised monthly by Lightyear AI. Last updated on 5 Nov 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
Fund name | Fund size | $HOV weighting |
|---|---|---|
SPDR MSCI USA Small Cap Value Weighted$USSC | $1.1B | 0.04% |
SPDR Russell 2000 US Small Cap€R2US | $5.3B | 0.02% |
SPDR Russell 2000 US Small Cap£R2SC | $5.3B | 0.02% |
iShares MSCI World Small Cap€IUSN | $9B | 0.01% |
iShares MSCI World Small Cap$WSML | $9B | 0.01% |
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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