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hovnanian enterprises - HOV

HOV

Close Chg Chg %
175.51 5.99 3.41%

Closed Market

181.50

+5.99 (3.41%)

Volume: 76.01K

Last Updated:

Nov 22, 2024, 3:59 PM EDT

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Company Overview: hovnanian enterprises - HOV

HOV Key Data

Open

$175.62

 Day Range

175.62 - 183.14

52 Week Range

86.61 - 240.14

 Market Cap

$1.06B

Shares Outstanding

6.05M

 Public Float

4.40M

Beta

2.61

 Rev. Per Employee

N/A

P/E Ratio

5.47

 EPS

$34.51

Yield

0.00%

 Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

66.94K

  

HOV Performance

1 Week
 
 4.43%
 
1 Month
 
 0.74%
 
3 Months
 
 -23.23%
 
1 Year
 
 92.68%
 
5 Years
 
 771.67%
 

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 2.76B
Industry Homebuilding Net Income 189.86M
Sector Consumer Durables Employees 1,715
Fiscal Year-end 10 / 2024
View SEC Filings

HOV Valuation

P/E Current 5.466
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 2.585
Price to Sales Ratio 0.168
Price to Book Ratio 0.949
Price to Cash Flow Ratio 1.025
Enterprise Value to EBITDA 4.025
Enterprise Value to Sales 0.468
Total Debt to Enterprise Value 0.906

HOV Efficiency

Revenue/Employee 1,607,109.621
Income Per Employee 110,707.872
Receivables Turnover 20.614
Total Asset Turnover 1.09

HOV Liquidity

Current Ratio 3.132
Quick Ratio 0.977
Cash Ratio 0.763

HOV Profitability

Gross Margin 21.055
Operating Margin 11.312
Pretax Margin 9.286
Net Margin 6.889
Return on Assets 7.512
Return on Equity 39.359
Return on Total Capital 10.842
Return on Invested Capital 11.078

HOV Capital Structure

Total Debt to Total Equity 201.036
Total Debt to Total Capital 66.781
Total Debt to Total Assets 46.912
Long-Term Debt to Equity 260.061
Long-Term Debt to Total Capital 66.297
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Hovnanian Enterprises - HOV

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
2.34B 2.78B 2.92B 2.76B
Sales Growth
+16.30% +18.73% +5.14% -5.65%
Cost of Goods Sold (COGS) incl D&A
1.97B 2.24B 2.28B 2.18B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
5.30M 5.28M 5.46M 8.80M
Depreciation
5.30M 5.28M 5.46M 8.80M
Amortization of Intangibles
- - - -
-
COGS Growth
+14.75% +13.71% +1.64% -4.52%
Gross Income
368.30M 536.18M 642.30M 580.31M
Gross Income Growth
+25.38% +45.58% +19.79% -9.65%
Gross Profit Margin
+15.74% +19.30% +21.99% +21.05%
2020 2021 2022 2023 5-year trend
SG&A Expense
229.33M 266.17M 287.66M 297.63M
Research & Development
- - - -
-
Other SG&A
229.33M 266.17M 287.66M 297.63M
SGA Growth
+2.04% +16.06% +8.07% +3.47%
Other Operating Expense
10.68M 12.16M 10.92M (29.11M)
Unusual Expense
(14.35M) (877.00K) 5.66M 25.82M
EBIT after Unusual Expense
142.64M 258.73M 338.06M 285.98M
Non Operating Income/Expense
16.57M 8.85M 29.03M 24.06M
Non-Operating Interest Income
- - - -
-
Equity in Earnings of Affiliates
16.57M 8.85M 29.03M 43.16M
Interest Expense
103.80M 77.72M 47.34M 54.08M
Interest Expense Growth
+15.26% -25.13% -39.08% +14.23%
Gross Interest Expense
168.81M 135.88M 106.94M 106.14M
Interest Capitalized
65.01M 58.16M 59.60M 52.06M
Pretax Income
55.40M 189.86M 319.75M 255.95M
Pretax Income Growth
+239.67% +242.69% +68.41% -19.95%
Pretax Margin
+2.37% +6.83% +10.95% +9.29%
Income Tax
4.47M (417.96M) 94.26M 50.06M
Income Tax - Current - Domestic
4.47M 7.72M 13.38M 8.10M
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
- (425.68M) 80.89M 41.96M
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
16.57M 8.85M 29.03M 43.16M
Other After Tax Income (Expense)
(4.65M) (57.68M) (19.70M) (16.03M)
Consolidated Net Income
46.28M 550.14M 205.79M 189.86M
Minority Interest Expense
- - - -
-
Net Income
46.28M 550.14M 205.79M 189.86M
Net Income Growth
+209.87% +1,088.83% -62.59% -7.74%
Net Margin Growth
+1.98% +19.80% +7.04% +6.89%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
46.28M 550.14M 205.79M 189.86M
Preferred Dividends
- - 10.68M 10.68M
-
Net Income Available to Common
46.28M 550.14M 195.11M 179.19M
EPS (Basic)
7.4771 87.5045 30.3112 28.7623
EPS (Basic) Growth
+205.95% +1,070.30% -65.36% -5.11%
Basic Shares Outstanding
6.19M 6.29M 6.44M 6.23M
EPS (Diluted)
7.0286 85.8686 28.9979 26.8764
EPS (Diluted) Growth
+199.60% +1,121.70% -66.23% -7.32%
Diluted Shares Outstanding
6.58M 6.39M 6.73M 6.67M
EBITDA
133.59M 263.13M 349.18M 320.59M
EBITDA Growth
+111.33% +96.96% +32.70% -8.19%
EBITDA Margin
+5.71% +9.47% +11.95% +11.63%

Insider Actions for Hovnanian Enterprises - HOV

Date Name Shares Transaction Value
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 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 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 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 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
Jul 8, 2024 Ara K. Hovnanian Chairman of Bd., Pres. & CEO; Director 32,890 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $140.16 per share 4,609,862.40
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 56,791 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $143.41 per share 8,144,397.31
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 59,859 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $140.05 per share 8,383,252.95
Jun 19, 2024 Edward A. Kangas Director 21,113 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 19, 2024 Edward A. Kangas Director 18,790 Disposition to the issuer of issuer equity secs pursant to Rule 16b-3 Non-derivative transaction at $147.77 per share 2,776,598.30
Jun 19, 2024 Miriam Hernandez-Kakol Director 4,478 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 19, 2024 J. Larry Sorsby Director 132,044 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $147.77 per share 19,512,141.88
Jun 19, 2024 Robert B. Coutts Director 40,302 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 19, 2024 Robert B. Coutts Director 38,269 Disposition to the issuer of issuer equity secs pursant to Rule 16b-3 Non-derivative transaction at $147.77 per share 5,655,010.13
Jun 19, 2024 J. Larry Sorsby Director 135,304 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Jun 19, 2024 J. Larry Sorsby Director 130,204 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00

Hovnanian Enterprises in the News