hovnanian enterprises - HOV

HOV

Close Chg Chg %
104.93 2.01 1.92%

Closed Market

106.94

+2.01 (1.92%)

Volume: 49.24K

Last Updated:

Apr 2, 2025, 4:00 PM EDT

Company Overview: hovnanian enterprises - HOV

HOV Key Data

Open

$102.50

Day Range

102.50 - 106.94

52 Week Range

95.27 - 240.14

Market Cap

$619.78M

Shares Outstanding

5.92M

Public Float

4.36M

Beta

2.43

Rev. Per Employee

N/A

P/E Ratio

3.22

EPS

$35.16

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

74.75K

 

HOV Performance

1 Week
 
2.12%
 
1 Month
 
4.74%
 
3 Months
 
-17.90%
 
1 Year
 
-30.10%
 
5 Years
 
1,554.19%
 

HOV Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 1
Full Ratings ➔

About hovnanian enterprises - HOV

Hovnanian Enterprises, Inc. is a homebuilding company, which engages in the design, construction, and marketing of single-family detached homes, attached townhomes and condominiums, urban infill, and active lifestyle homes in planned residential developments. It operates through the following segments: Northeast, Southeast, and West. The Northeast segment consists of Delaware, Maryland, New Jersey, Ohio, Pennsylvania, Virginia, and West Virginia. The Southeast segment focuses on Florida, Georgia, and South Carolina. The West segment includes Arizona, California, and Texas. The company was founded by Kevork S. Hovnanian in 1959 and is headquartered in Matawan, NJ.

HOV At a Glance

Hovnanian Enterprises, Inc.
90 Matawan Road
Matawan, New Jersey 07747
Phone 1-732-747-7800 Revenue 3.01B
Industry Homebuilding Net Income 233.55M
Sector Consumer Durables 2024 Sales Growth 9.042%
Fiscal Year-end 10 / 2025 Employees 1,878
View SEC Filings

HOV Valuation

P/E Current 3.219
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 5.538
Price to Sales Ratio 0.41
Price to Book Ratio 1.603
Price to Cash Flow Ratio 43.985
Enterprise Value to EBITDA 6.09
Enterprise Value to Sales 0.705
Total Debt to Enterprise Value 0.48

HOV Efficiency

Revenue/Employee 1,600,327.476
Income Per Employee 124,363.152
Receivables Turnover 19.43
Total Asset Turnover 1.179

HOV Liquidity

Current Ratio 3.139
Quick Ratio 0.64
Cash Ratio 0.405

HOV Profitability

Gross Margin 19.655
Operating Margin 11.325
Pretax Margin 10.551
Net Margin 7.771
Return on Assets 9.162
Return on Equity 33.797
Return on Total Capital 12.846
Return on Invested Capital 13.159

HOV Capital Structure

Total Debt to Total Equity 127.165
Total Debt to Total Capital 55.979
Total Debt to Total Assets 39.061
Long-Term Debt to Equity 151.361
Long-Term Debt to Total Capital 55.367
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Hovnanian Enterprises - HOV

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
2.78B 2.92B 2.76B 3.01B
Sales Growth
+18.73% +5.14% -5.65% +9.04%
Cost of Goods Sold (COGS) incl D&A
2.24B 2.28B 2.18B 2.41B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
5.28M 5.46M 8.80M 7.73M
Depreciation
5.28M 5.46M 8.80M 7.73M
Amortization of Intangibles
- - - -
-
COGS Growth
+13.71% +1.64% -4.52% +10.98%
Gross Income
536.18M 642.30M 580.31M 590.73M
Gross Income Growth
+45.58% +19.79% -9.65% +1.79%
Gross Profit Margin
+19.30% +21.99% +21.05% +19.66%
2021 2022 2023 2024 5-year trend
SG&A Expense
266.17M 287.66M 297.63M 333.33M
Research & Development
- - - -
-
Other SG&A
266.17M 287.66M 297.63M 333.33M
SGA Growth
+16.06% +8.07% +3.47% +11.99%
Other Operating Expense
12.16M 10.92M (29.11M) (82.97M)
Unusual Expense
(877.00K) 5.66M 25.82M (874.00K)
EBIT after Unusual Expense
258.73M 338.06M 285.98M 341.23M
Non Operating Income/Expense
8.85M 29.03M 24.06M 6.61M
Non-Operating Interest Income
- - - -
-
Equity in Earnings of Affiliates
8.85M 29.03M 43.16M 52.26M
Interest Expense
77.72M 47.34M 54.08M 30.75M
Interest Expense Growth
-25.13% -39.08% +14.23% -43.14%
Gross Interest Expense
135.88M 106.94M 106.14M 88.42M
Interest Capitalized
58.16M 59.60M 52.06M 57.67M
Pretax Income
189.86M 319.75M 255.95M 317.09M
Pretax Income Growth
+242.69% +68.41% -19.95% +23.89%
Pretax Margin
+6.83% +10.95% +9.29% +10.55%
Income Tax
(417.96M) 94.26M 50.06M 75.08M
Income Tax - Current - Domestic
7.72M 13.38M 8.10M 13.31M
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
(425.68M) 80.89M 41.96M 61.77M
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
8.85M 29.03M 43.16M 52.26M
Other After Tax Income (Expense)
(57.68M) (19.70M) (16.03M) (8.45M)
Consolidated Net Income
550.14M 205.79M 189.86M 233.55M
Minority Interest Expense
- - - -
-
Net Income
550.14M 205.79M 189.86M 233.55M
Net Income Growth
+1,088.83% -62.59% -7.74% +23.01%
Net Margin Growth
+19.80% +7.04% +6.89% +7.77%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
550.14M 205.79M 189.86M 233.55M
Preferred Dividends
- 10.68M 10.68M 10.68M
Net Income Available to Common
550.14M 195.11M 179.19M 222.88M
EPS (Basic)
87.5045 30.3112 28.7623 34.4002
EPS (Basic) Growth
+1,070.30% -65.36% -5.11% +19.60%
Basic Shares Outstanding
6.29M 6.44M 6.23M 6.48M
EPS (Diluted)
85.8686 28.9979 26.8764 31.7865
EPS (Diluted) Growth
+1,121.70% -66.23% -7.32% +18.27%
Diluted Shares Outstanding
6.39M 6.73M 6.67M 7.01M
EBITDA
263.13M 349.18M 320.59M 348.09M
EBITDA Growth
+96.96% +32.70% -8.19% +8.58%
EBITDA Margin
+9.47% +11.95% +11.63% +11.58%

Snapshot

Average Recommendation HOLD Average Target Price 155.00
Number of Ratings 1 Current Quarters Estimate 2.45
FY Report Date 04 / 2025 Current Year's Estimate 12.87
Last Quarter’s Earnings 3.58 Median PE on CY Estimate N/A
Year Ago Earnings 31.41 Next Fiscal Year Estimate 14.01
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 1 1 1 1
Mean Estimate 2.45 3.05 12.87 14.01
High Estimates 2.45 3.05 12.87 14.01
Low Estimate 2.45 3.05 12.87 14.01
Coefficient of Variance N/A N/A N/A N/A

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 0 0 0
OVERWEIGHT 0 0 0
HOLD 1 1 1
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Hold Hold Hold

Insider Actions for Hovnanian Enterprises - HOV

Date Name Shares Transaction Value
Mar 6, 2025 Edward A. Kangas Director 11,290 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $101.51 per share 1,146,047.90
Feb 28, 2025 J. Larry Sorsby Director 10,000 Bona fide gift 0.00
Feb 28, 2025 J. Larry Sorsby Director 10,000 Bona fide gift 0.00
Feb 28, 2025 Robin Stone Sellers Director 19,525 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $107.94 per share 2,107,528.50
Feb 28, 2025 J. Larry Sorsby Director N/A Bona fide gift 0.00
Feb 28, 2025 J. Larry Sorsby Director N/A Bona fide gift 0.00
Feb 28, 2025 Robin Stone Sellers Director 20,107 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $108.64 per share 2,184,424.48
Feb 28, 2025 Robin Stone Sellers Director 20,355 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $106.67 per share 2,171,267.85
Feb 28, 2025 J. Larry Sorsby Director N/A Bona fide gift 0.00
Feb 28, 2025 J. Larry Sorsby Director 30,000 Bona fide gift 0.00
Feb 28, 2025 Robin Stone Sellers Director 20,497 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $109.31 per share 2,240,527.07
Oct 4, 2024 Vincent Pagano Director 24,552 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $201.21 per share 4,940,107.92
Oct 4, 2024 Vincent Pagano Director 27,252 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $200.21 per share 5,456,122.92
Jul 23, 2024 Hovnanian Family 2012 LLC Chairman of Bd., Pres. & CEO; Director 39,925 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $152.2 per share 6,076,585.00
Jul 23, 2024 Hovnanian Family 2012 LLC Chairman of Bd., Pres. & CEO; Director 34,075 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $153.45 per share 5,228,808.75
Jul 23, 2024 Hovnanian Family 2012 LLC Chairman of Bd., Pres. & CEO; Director 44,260 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $154.32 per share 6,830,203.20
Jul 8, 2024 Ara K. Hovnanian Chairman of Bd., Pres. & CEO; Director 45,087 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $141.61 per share 6,384,770.07
Jul 8, 2024 Ara K. Hovnanian Chairman of Bd., Pres. & CEO; Director 54,048 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $142.29 per share 7,690,489.92
Jul 8, 2024 Ara K. Hovnanian Chairman of Bd., Pres. & CEO; Director 57,330 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $145 per share 8,312,850.00
Jul 8, 2024 Ara K. Hovnanian Chairman of Bd., Pres. & CEO; Director 57,576 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $140.22 per share 8,073,306.72

Hovnanian Enterprises in the News