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Hovnanian Enterprises Inc

Hovnanian Enterprises Inc

HOV · NYSE · Consumer Cyclical / Residential Construction

94.19USD-1.14 (-1.20%)

Price History

Full chart

Market Stats

Previous Close95.33
Open94.82
Day Range92.00 – 95.33
52-Week Range91.52 – 148.48
Volume66.00K
Market Cap661.78M
P/E (TTM)110.73
Forward P/E13.50
EPS1.02
Dividend Yield0.00%
Beta1.82
50-Day Avg126.27
200-Day Avg117.67

About

Hovnanian Enterprises, Inc., through its subsidiaries, designs, constructs, markets, and sells 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, move-up buyers, luxury buyers, active lifestyle buyers, and empty nesters. It also provides mortgage loans and title services. Hovnanian Enterprises, Inc. was founded in 1959 and is based in Matawan, New Jersey.

Company Details

  • SectorConsumer Cyclical
  • IndustryResidential Construction
  • CEOMr. Ara K. Hovnanian
  • Employees1.89K
  • Headquarters90 Matawan Road, Matawan, NJ, United States, 07747, USA
  • Websitehttps://www.khov.com

Leadership

  • Mr. Ara K. HovnanianCEO & Chairman of the Board · b. 1957
  • Mr. Alexander A. HovnanianPresident · b. 1991
  • Mr. Brad G. O'Connor C.P.A.Chief Financial Officer · b. 1970
  • Mr. Michael P. WyattChief Operating Officer · b. 1967
  • Mr. Jeffrey T. O'KeefeVice President of Investor Relations
  • Mr. Elizabeth D. TiceVP, Corporate Counsel & Secretary
  • Mr. Joseph F. RiggsGroup President
  • Mr. Paul EberlyTreasurer

Financials

Income Statement

Currency: USD1986-10-311987-10-311988-10-311989-10-311990-10-311991-10-311992-10-311993-10-311994-10-311995-10-311996-10-311997-10-311998-10-311999-10-312000-10-312001-10-312002-10-312003-10-312004-10-312005-10-312006-10-312007-10-312008-10-312009-10-312010-10-312011-10-312012-10-312013-10-312014-10-312015-10-312016-10-312017-10-312018-10-312019-10-312020-10-312021-10-312022-10-312023-10-312024-10-312025-10-31
Total Revenue287.00M301.40M370.50M410.40M275.40M318.50M429.30M587.00M386.60M777.70M807.50M784.10M941.90M948.30M1.14B1.74B2.55B3.20B4.16B5.35B6.15B4.80B3.31B1.60B1.37B1.13B1.49B1.85B2.06B2.15B2.75B2.45B1.99B2.02B2.34B2.78B2.92B2.76B3.00B2.98B
Growth (%)-+5.02%+22.93%+10.77%-32.89%+15.65%+34.79%+36.73%-34.14%+101.16%+3.83%-2.90%+20.12%+0.68%+19.98%+53.10%+46.45%+25.51%+29.94%+28.56%+14.95%-21.95%-31.07%-51.75%-14.06%-17.27%+30.88%+24.63%+11.46%+4.12%+28.10%-10.92%-18.78%+1.29%+16.21%+18.73%+5.01%-5.69%+9.03%-0.88%
Cost of Revenue---295.90M251.70M269.30M354.70M452.40M296.50M604.20M646.30M649.50M765.70M746.50M873.77M1.39B1.96B2.39B3.15B3.94B4.74B4.62B3.87B2.16B1.32B1.11B1.27B1.53B1.70B1.83B2.39B2.10B1.67B1.72B1.97B2.24B2.28B2.18B2.40B2.56B
Gross Profit287.00M301.40M370.50M114.50M23.70M49.20M74.60M134.60M90.10M173.50M161.20M134.60M176.20M201.80M264.03M349.82M595.27M808.44M1.01B1.41B1.41B183.22M-558.87M-567.09M47.65M23.21M214.84M322.95M360.38M322.81M358.90M351.17M325.36M298.60M372.21M540.80M643.43M580.14M601.79M420.67M
Gross Margin100.00%100.00%100.00%27.90%8.61%15.45%17.38%22.93%23.31%22.31%19.96%17.17%18.71%21.28%23.21%20.08%23.33%25.25%24.30%26.42%22.88%3.82%-16.89%-35.53%3.47%2.05%14.46%17.45%17.47%15.03%13.04%14.32%16.34%14.80%15.88%19.43%22.02%21.05%20.03%14.12%
Operating Expense231.90M238.70M309.20M49.30M44.90M47.30M60.00M105.50M82.70M121.20M104.10M82.60M100.50M120.80M177.26M187.65M259.29M333.26M434.25M632.36M849.28M792.16M542.20M363.65M247.95M216.20M190.32M213.63M255.08M256.13M265.86M268.50M209.54M209.95M231.65M276.59M296.15M303.24M342.23M349.84M
Operating Income55.10M62.70M61.30M65.20M-21.20M1.90M14.60M29.10M7.40M52.30M57.10M52.00M75.70M81.00M86.77M162.17M335.98M475.18M576.82M780.92M557.54M-608.95M-1.10B-930.74M-200.29M-192.99M24.52M109.33M105.30M66.68M93.04M82.67M115.82M88.65M140.56M264.22M347.28M276.90M259.56M70.83M
Operating Margin19.20%20.80%16.55%15.89%-7.70%0.60%3.40%4.96%1.91%6.72%7.07%6.63%8.04%8.54%7.63%9.31%13.17%14.84%13.86%14.60%9.07%-12.69%-33.28%-58.31%-14.60%-17.00%1.65%5.91%5.10%3.10%3.38%3.37%5.82%4.40%6.00%9.49%11.88%10.05%8.64%2.38%
EBITDA38.90M47.90M45.40M-18.30M-18.30M4.80M17.50M30.80M9.90M56.40M62.30M28.60M80.00M87.30M95.71M210.37M354.90M490.27M618.92M817.42M628.28M-324.81M-973.29M-453.02M-184.79M-185.08M2.87M106.98M61.46M45.73M79.97M54.12M101.60M74.35M164.51M272.86M372.55M283.75M355.57M135.39M
EBITDA Margin13.55%15.89%12.25%-4.46%-6.64%1.51%4.08%5.25%2.56%7.25%7.72%3.65%8.49%9.21%8.41%12.08%13.91%15.31%14.88%15.28%10.22%-6.77%-29.42%-28.38%-13.47%-16.31%0.19%5.78%2.98%2.13%2.91%2.21%5.10%3.69%7.02%9.80%12.75%10.30%11.83%4.55%
Net Income18.50M26.20M26.20M21.80M-15.20M2.50M9.80M18.60M-10.40M14.10M17.30M-7.00M25.50M30.00M33.16M63.69M137.70M257.38M348.68M471.85M149.53M-627.12M-1.12B-716.71M2.59M-286.09M-66.20M31.30M307.14M-16.10M-2.82M-332.19M4.52M-42.12M50.93M607.82M225.49M205.89M242.01M63.87M
Net Income Margin6.45%8.69%7.07%5.31%-5.52%0.78%2.28%3.17%-2.69%1.81%2.14%-0.89%2.71%3.16%2.91%3.66%5.40%8.04%8.38%8.82%2.43%-13.07%-33.99%-44.90%0.19%-25.21%-4.46%1.69%14.89%-0.75%-0.10%-13.55%0.23%-2.09%2.17%21.84%7.72%7.47%8.05%2.14%
R&D-------------------------00000000-------
R&D as % of Total Revenue-------------------------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%-------
Interest Expense16.20M14.80M15.90M26.00M22.46M22.27M100.00K022.53M28.10M30.70M32.10M92.70M35.10M31.30M34.96M66.68M183.74M63.66M34.04M19.04M660.64M38.02M123.95M97.92M97.17M97.89M91.34M87.38M91.83M90.97M97.30M103.30M90.06M103.80M77.72M47.34M54.08M30.75M35.44M
Interest Expense % of Total Revenue5.64%4.91%4.29%6.34%8.15%6.99%0.02%0.00%5.83%3.61%3.80%4.09%9.84%3.70%2.75%2.01%2.61%5.74%1.53%0.64%0.31%13.77%1.15%7.76%7.14%8.56%6.59%4.93%4.23%4.27%3.31%3.97%5.19%4.47%4.43%2.79%1.62%1.96%1.02%1.19%

Balance Sheet

Currency: USD1986-10-311987-10-311988-10-311989-10-311990-10-311991-10-311992-10-311993-10-311994-10-311995-10-311996-10-311997-10-311998-10-311999-10-312000-10-312001-10-312002-10-312003-10-312004-10-312005-10-312006-10-312007-10-312008-10-312009-10-312010-10-312011-10-312012-10-312013-10-312014-10-312015-10-312016-10-312017-10-312018-10-312019-10-312020-10-312021-10-312022-10-312023-10-312024-10-312025-10-31
Total Assets278.20M318.10M475.30M456.20M437.90M399.50M465.00M539.60M612.90M645.40M614.10M637.10M589.10M712.90M873.54M1.06B1.68B2.33B3.16B4.72B5.48B4.54B3.64B2.02B1.82B1.60B1.68B1.76B2.29B2.60B2.38B1.90B1.66B1.88B1.83B2.32B2.56B2.49B2.61B2.63B
Total Liabilities209.40M226.30M348.20M332.10M312.50M257.50M313.10M368.60M450.80M469.10M420.50M458.30M387.70M476.50M610.18M688.61M1.12B1.42B1.81B2.75B3.41B3.16B3.28B2.34B2.16B2.10B2.17B2.19B2.41B2.73B2.51B2.36B2.12B2.37B2.26B2.15B2.18B1.91B1.81B1.80B
Total Equity68.80M91.80M127.10M124.10M125.40M142.00M151.90M171.00M162.10M176.30M193.60M178.80M201.40M236.40M263.36M375.65M562.55M819.71M1.19B1.97B1.94B1.32B330.26M-349.60M-338.57M-496.69M-485.57M-433.23M-117.80M-128.08M-128.51M-460.37M-453.50M-489.78M-436.09M175.38M383.05M581.74M800.35M830.93M
Cash---6.60M12.30M12.30M10.20M23.30M14.50M11.90M15.30M8.00M15.60M30.10M43.25M16.15M262.68M128.22M78.02M229.50M54.32M16.23M848.06M419.95M359.12M250.74M273.23M329.20M261.90M253.75M346.76M469.32M187.87M130.98M262.49M245.97M326.20M434.12M209.98M272.77M
Total Debt47.90M48.70M285.30M298.40M285.90M222.70M258.80M291.00M388.00M401.00M354.60M382.30M300.70M371.90M474.09M508.34M746.89M968.88M1.27B1.70B2.42B2.36B2.69B1.92B1.71B1.70B1.71B1.70B1.86B2.16B1.89B1.76B1.57B1.70B1.57B1.38B1.29B1.14B1.02B930.21M
Net Debt47.90M48.70M285.30M291.80M273.60M210.40M248.60M267.70M373.50M389.10M339.30M374.30M285.10M341.80M430.84M492.19M484.21M840.66M1.19B1.47B2.37B2.35B1.84B1.50B1.36B1.45B1.43B1.37B1.59B1.91B1.54B1.29B1.38B1.57B1.30B1.13B965.15M708.91M807.78M657.44M

Cash Flow

Currency: USD1989-10-311990-10-311991-10-311992-10-311993-10-311994-10-311995-10-311996-10-311997-10-311998-10-311999-10-312000-10-312001-10-312002-10-312003-10-312004-10-312005-10-312006-10-312007-10-312008-10-312009-10-312010-10-312011-10-312012-10-312013-10-312014-10-312015-10-312016-10-312017-10-312018-10-312019-10-312020-10-312021-10-312022-10-312023-10-312024-10-312025-10-31
Operating Cash Flow-15.10M30.50M-44.42M-44.40M-22.10M-107.70M-12.20M36.90M-32.20M62.20M35.48M-60.65M37.07M248.54M-182.61M-180.31M-23.94M-650.71M61.97M462.07M-29.73M32.49M-207.41M-67.00M9.27M-190.59M-320.54M387.00M301.58M-66.82M-249.13M292.83M210.21M89.47M214.69M23.64M188.28M
Investing Cash Flow-3.20M11.40M-5.12M---700.00K-11.70M6.10M900.00K23.70M-7.13M-17.93M-39.73M-159.69M-197.75M-120.77M--74.54M-32.39M-1.64M-19.91M-16.00K1.20M-1.50M30.29M-14.15M2.47M-51.88M-29.71M35.50M-8.31M2.14M9.00M-2.15M-78.23M-46.47M-66.01M
Financing Cash Flow-2.50M14.80M-41.90M47.50M54.00M99.70M21.20M-37.40M21.40M-81.60M-24.50M102.47M-24.44M164.99M250.50M258.64M623.56M568.30M-67.66M371.40M-371.73M-91.98M89.78M90.99M16.42M137.43M309.91M-245.67M-147.84M-229.43M206.71M-167.77M-217.27M-16.52M-261.71M-187.93M-70.39M
Capital Expenditure7.70M1.50M13.70M6.80M4.50M3.20M5.50M5.90M3.20M3.10M25.60M15.61M6.78M6.90M198.09M104.80M317.78M51.51M37.78M5.24M750.00K2.46M826.00K5.06M1.56M3.42M2.05M8.01M6.48M5.19M4.00M3.38M5.94M12.59M18.82M17.86M22.10M
Free Cash Flow-16.60M16.77M-51.19M-51.20M-26.60M-110.90M-17.70M31.00M-35.40M59.10M22.10M-76.25M30.29M241.64M-380.70M-285.11M-341.72M-702.22M24.19M456.83M-30.48M30.03M-208.24M-72.06M7.71M-194.01M-322.59M378.99M295.10M-72.02M-253.13M289.45M204.27M76.87M195.87M5.78M166.18M
Dividends Paid----------------2.76M10.68M10.67M10.68M--0971.00M00000010.68M10.68M818.00K11.46M10.68M10.68M10.68M
FCF to OCF109.93%54.98%115.24%115.32%120.36%102.97%145.08%84.01%109.94%95.02%62.28%125.74%81.72%97.22%208.48%158.12%1427.28%107.92%39.04%98.87%102.52%92.44%100.40%107.55%83.19%101.80%100.64%97.93%97.85%107.77%101.61%98.85%97.17%85.93%91.23%24.45%88.26%
Dividend Paid to FCF-----------------0.81%-1.52%44.13%2.34%--0.00%-1347.54%0.00%0.00%0.00%0.00%0.00%0.00%-4.22%3.69%0.40%14.90%5.45%184.66%6.42%

Earnings

Report DateJun 6, 1996Sep 9, 1996Dec 20, 1996Mar 13, 1997Jun 13, 1997Sep 8, 1997Dec 17, 1997Mar 6, 1998May 29, 1998Sep 9, 1998Dec 16, 1998Mar 5, 1999Jun 7, 1999Sep 8, 1999Dec 23, 1999Mar 9, 2000Jun 7, 2000Sep 7, 2000Dec 14, 2000Mar 2, 2001May 30, 2001Sep 6, 2001Dec 12, 2001Feb 26, 2002May 29, 2002Sep 4, 2002Dec 9, 2002Feb 24, 2003May 28, 2003Sep 3, 2003Dec 8, 2003Mar 1, 2004Jun 2, 2004Sep 7, 2004Dec 7, 2004Mar 2, 2005May 31, 2005Sep 7, 2005Dec 7, 2005Mar 1, 2006May 31, 2006Sep 6, 2006Dec 18, 2006Mar 8, 2007May 31, 2007Sep 6, 2007Dec 18, 2007Mar 10, 2008Jun 3, 2008Sep 3, 2008Dec 16, 2008Mar 10, 2009Jun 2, 2009Sep 2, 2009Dec 16, 2009Mar 2, 2010Jun 2, 2010Sep 1, 2010Dec 21, 2010Mar 1, 2011Jun 7, 2011Sep 7, 2011Dec 15, 2011Mar 7, 2012Jun 6, 2012Sep 6, 2012Dec 13, 2012Mar 6, 2013Jun 5, 2013Sep 9, 2013Dec 12, 2013Mar 5, 2014Jun 4, 2014Sep 4, 2014Dec 10, 2014Mar 12, 2015Jun 9, 2015Sep 9, 2015Dec 4, 2015Mar 9, 2016Jun 2, 2016Sep 9, 2016Dec 8, 2016Mar 8, 2017Jun 2, 2017Sep 7, 2017Dec 21, 2017Mar 8, 2018Jun 7, 2018Sep 10, 2018Dec 6, 2018Mar 7, 2019Jun 6, 2019Sep 5, 2019Dec 5, 2019Mar 5, 2020Jun 4, 2020Sep 3, 2020Dec 9, 2020Mar 2, 2021Jun 3, 2021Sep 9, 2021Dec 9, 2021Mar 1, 2022Jun 1, 2022Sep 6, 2022Dec 8, 2022Feb 28, 2023May 31, 2023Aug 30, 2023Dec 5, 2023Feb 22, 2024May 22, 2024Aug 22, 2024Dec 3, 2024Feb 24, 2025May 20, 2025Aug 21, 2025Dec 4, 2025Feb 25, 2026May 21, 2026Aug 20, 2026
EPS Estimate0.921.976.670.19-0.562.506.462.252.253.204.333.693.135.255.131.441.504.5010.252.005.087.788.885.505.257.6318.6713.3315.5623.0433.4721.6025.6334.3851.9430.1740.1544.2561.8631.0736.5027.5832.50-15.25-1.50-27.750.50-51.56-72.00-41.91-40.69-39.44-45.75-41.34-43.00-32.00-15.97-13.38-16.37-14.55-13.33-12.71-10.31-11.28-7.34-3.57-5.05-2.49-1.321.844.26-1.050.672.125.21-1.76-1.46-0.122.31-0.730.671.443.50-1.00-0.87-0.250.75-1.87-1.12-1.504.75-2.50-1.77-0.064.13-2.10-1.32-0.167.362.7569.65--------------2.712.453.510.63-0.98-2.04-0.56
EPS Actual0.631.636.75-1.00-1.252.134.383.382.884.384.253.754.385.005.131.882.004.6310.504.636.008.889.257.5012.0017.7520.7516.8820.0026.3834.8821.7526.5036.5051.5031.2540.5044.0063.2531.2538.7528.75-47.00-22.75-12.25-31.75-185.50-51.75-132.25-66.75-144.75-57.25-114.25-44.00-80.2575.25-14.25-10.45-42.00-16.00-17.25-11.75-22.50-9.11-3.556.25-14.75-2.000.601.505.50-4.00-1.062.756.29-2.07-2.84-1.254.00-0.76-0.650.194.94-0.78-1.250.552.00-5.02-1.75-0.258.03-3.00-2.56-1.277.24-1.490.602.165.542.7569.656.727.413.078.3910.827.242.264.477.3813.052.916.669.7512.513.712.743.650.812.62-0.46-0.70
Surprise-31.52%-17.26%1.20%-626.32%-123.21%-14.80%-32.20%50.22%28.00%36.88%-1.85%1.63%39.94%-4.76%0.00%30.56%33.33%2.89%2.44%131.50%18.11%14.14%4.17%36.36%128.57%132.63%11.14%26.63%28.53%14.50%4.21%0.69%3.39%6.17%-0.85%3.58%0.87%-0.56%2.25%0.58%6.16%4.24%-244.62%-49.18%-716.67%-14.41%-37200.00%-0.37%-83.68%-59.27%-255.74%-45.16%-149.73%-6.43%-86.63%335.16%10.77%21.90%-156.57%-9.97%-29.41%7.55%-118.23%19.24%51.63%275.07%-192.08%19.68%145.45%-18.48%29.11%-280.95%-258.21%29.72%20.73%-17.61%-94.52%-941.67%73.16%-4.11%-197.01%-86.81%41.14%22.00%-43.68%320.00%166.67%-168.45%-56.25%83.33%69.05%-20.00%-44.63%-2016.67%75.30%29.05%145.45%1450.00%-24.73%0.00%0.00%--------------36.90%11.84%3.99%28.57%367.35%77.45%-25.00%
Timing----Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hours-Pre-marketPre-marketPre-market---Pre-market-Pre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-market

Key Statistics & Ratios

Market Cap661.78M
Enterprise Value1.51B
Trailing P/E110.73
Forward P/E13.50
PEG Ratio2.00
Price / Sales0.23
Price / Book1.01
EPS1.02
Book Value114.68
Revenue (TTM)2.82B
Gross Profit (TTM)412.45M
EBITDA74.65M
Profit Margin0.64%
Operating Margin0.81%
Return on Equity2.10%
Return on Assets1.34%
Shares Outstanding5.07M
Shares Float4.41M
Beta1.82
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Hold
Based on 1 analystsTarget 74.00
  • Hold
    1

Ownership Breakdown

Institutions
65.76%
Insiders
10.17%
Retail / Other
24.07%

Top Institutional Holders

  • BlackRock Inc
    404.27K6.78%
  • State Street Corp
    209.68K3.52%
  • Vanguard Capital Management, LLC
    196.23K3.29%
  • Dimensional Fund Advisors, Inc.
    175.36K2.94%
  • American Century Companies Inc
    164.18K2.75%
  • Renaissance Technologies Corp
    163.41K2.74%
  • Forager Capital Management, LLC
    149.55K2.51%
  • Geode Capital Management, LLC
    116.00K1.95%
  • D. E. Shaw & Co LP
    114.96K1.93%
  • GW&K Investment Management, LLC
    107.15K1.80%
  • Charles Schwab Investment Management Inc
    97.06K1.63%
  • Empowered Funds, LLC
    73.15K1.23%
  • Two Sigma Investments LLC
    56.96K0.96%
  • Vanguard Portfolio Management, LLC
    55.59K0.93%
  • The Goldman Sachs Group Inc
    50.99K0.86%

Top Fund Holders

  • Avantis US Small Cap Value ETF
    169.48K2.84%
  • Vanguard MStar Total Stk Mkt Idx Invest
    139.13K2.33%
  • iShares Russell 2000 ETF
    121.95K2.05%
  • State Street® SPDR® S&P® Hmebldr ETF
    73.36K1.23%
  • Fidelity Small Cap Index
    51.60K0.87%

Stock Splits

  • Mar 29, 20191:25
  • Mar 29, 20042:1