| Hovnanian Enterprises: Shares Are Too Cheap To Pass Up |
Hovnanian Enterprises, Inc. is a small-cap homebuilder with significant operational improvements, low debt, and attractive valuation multiples, making it one of the cheapest companies in the market. Despite a 22.8% drop in the HOV stock price since January, the company's revenue and net income have grown, driven by increased home sales and improved financial performance. Risks include housing market uncertainties due to tariffs and high interest rates, but the company's strong fundamentals and low leverage provide a bullish outlook. |
seekingalpha.com |
2025-04-16 22:25:01 |
Czytaj oryginał (ang.) |
| Hovnanian Enterprises: Cheap With Plenty Of Caveats |
Hovnanian Enterprises' stock has dropped over 35% in 2025 due to industry headwinds like high mortgage rates, low affordability, and new tariffs on building materials. Despite the selloff, Hovnanian trades at a very low P/E and is below book value, but increasing incentives and gross margins both bear watching. It is time to buy the dip in this home builder? An analysis of Hovnanian Enterprises follows in the paragraphs below. |
seekingalpha.com |
2025-04-11 17:21:06 |
Czytaj oryginał (ang.) |
| Hovnanian Enterprises, Inc. (HOV) Q1 2025 Earnings Call Transcript |
Hovnanian Enterprises, Inc. (NYSE:HOV ) Q1 2025 Earnings Conference Call February 24, 2025 11:00 AM ET Company Participants Jeff O'Keefe - Vice President, Investor Relations Ara Hovnanian - Chairman, President and CEO Brad O'Connor – Chief Financial Officer David Mitrisin - Vice President, Corporate Controller Paul Eberly - Vice President, Finance and Treasurer Conference Call Participants Alan Ratner - Zelman & Associates Alex Barron - Housing Research Center Jay McCanless - Wedbush Operator Good morning and thank you for joining us today for Hovnanian Enterprises Fiscal 2025 First Quarter Earnings Conference Call. An archive of the webcast will be available after the completion of the call and run for 12 months. |
seekingalpha.com |
2025-02-24 18:42:47 |
Czytaj oryginał (ang.) |
| Hovnanian Enterprises Is One Of The Most Compelling Prospects In This Market |
Hovnanian Enterprises, Inc. is a top buying opportunity due to its low valuation, sizable backlog, and rising net new contracts despite recent stock volatility. The company's diverse home portfolio and strategic lot acquisition have strengthened its financial position, reducing debt and increasing book value. Persistent high-interest rates pose short-term risks, but long-term housing demand driven by population growth supports a positive outlook. |
seekingalpha.com |
2025-01-13 19:53:51 |
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| Hovnanian Enterprises, Inc. (HOV) Q4 2024 Earnings Call Transcript |
Hovnanian Enterprises, Inc. (NYSE:HOV ) Q4 2024 Earnings Conference Call December 5, 2024 11:00 AM ET Company Participants Jeff O'Keefe - Vice President, Investor Relations Ara Hovnanian - Chairman, President, Chief Executive Officer Brad O'Connor - Chief Financial Officer and Treasurer Conference Call Participants Alan Ratner - Zelman & Associates Alex Barron - Housing Research Center Austin Hopper - AWH Capital Operator Good morning and thank you for joining us today for Hovnanian Enterprises Fiscal 2024 Fourth Quarter Earnings Conference Call. An archive of the webcast will be available after the completion of the call and run for 12 months. |
seekingalpha.com |
2024-12-05 16:09:32 |
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| Hovnanian Enterprises: Lower Mortgage Rates And Quick-Move-In Homes Imply Undervaluation |
Hovnanian Enterprises, Inc. is experiencing impressive net sales growth due to lower mortgage rates and strategic initiatives like quick-move-in homes and curated "looks" packages. The company's reduction in debt, increase in assets, and free cash flow growth are expected to boost stock demand and price. Despite risks from interest rate hikes, labor shortages, and raw material scarcity, HOV is significantly undervalued and ongoing stock repurchases may enhance its value. |
seekingalpha.com |
2024-09-16 15:20:00 |
Czytaj oryginał (ang.) |
| Hovnanian Enterprises, Inc. (HOV) Q3 2024 Earnings Call Transcript |
Hovnanian Enterprises, Inc. (NYSE:HOV ) Q3 2024 Results Conference Call August 22, 2024 11:00 AM ET Company Participants Jeff O'Keefe - Vice President, Investor Relations Ara Hovnanian - Chairman, President, Chief Executive Officer Brad O'Connor - Chief Financial Officer and Treasurer David Mitrisin - Vice President, Corporate Controller Conference Call Participants Alan Ratner - Zelman & Associates Jordan Hymowitz - Philadelphia Financial Management of San Francisco Alex Barron - Housing Research Center Operator Good morning, and thank you for joining us today for Hovnanian Enterprises Fiscal 2024 Third Quarter Earnings Conference Call. An archive of the webcast will be available after the completion of the call and run for 12 months. |
seekingalpha.com |
2024-08-22 19:08:08 |
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| Hovnanian Enterprises: Strong Additional Upside Is Warranted |
Hovnanian Enterprises is a cheap homebuilder catering to a wide audience with homes ranging from $135,000 to $1.77 million. Despite a decline in revenue and profitability in 2023, the company has seen growth in orders and deliveries in 2024. With attractively priced shares and potential industry weakness, Hovnanian Enterprises is upgraded to a "strong buy" based on impressive performance. |
seekingalpha.com |
2024-07-05 19:40:58 |
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| Hovnanian Enterprises, Inc. (HOV) Q2 2024 Earnings Call Transcript |
Hovnanian Enterprises, Inc. (NYSE:HOV ) Q2 2024 Earnings Conference Call May 22, 2024 11:00 AM ET Company Participants Jeffrey O'Keefe - Vice President, Investor Relations Ara Hovnanian - Chairman, President, Chief Executive Officer Brad O'Connor - Chief Financial Officer and Treasurer Conference Call Participants Natalie Kulasekere - Zelman & Associates Alex Barron - Housing Research Center Operator Good morning, and thank you for joining us today for Hovnanian Enterprises' Fiscal 2024 Second Quarter Earnings Conference Call. An archive of the webcast will be available after the completion of the call and run for 12 months. |
seekingalpha.com |
2024-05-22 21:19:05 |
Czytaj oryginał (ang.) |
| Hovnanian Enterprises Preferred Stock Diversity Comes With Risks |
Hovnanian Enterprises is a homebuilder in the United States, offering various types of residential homes. The company ranks among the largest homebuilding companies in the U.S. with revenues of $2.76b. Here I review both the issuer and the issue. The preferred stock issued by Hovnanian Enterprises, HOVNP, has a low coverage and non-cumulative dividends, causing losses for investors. While the yield is over 10%, a CCC rating would scare most investors. Its non-cumulative feature burned investors. While high risk-takers might own, the rest should take a pass! |
seekingalpha.com |
2024-04-06 14:00:00 |
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| Preferreds Weekly Review: Yield Differential Between Bonds And Preferreds Often Too Tight |
Preferreds were slightly lower this week and over February, with caution required for stocks trading above "par". The fixed-income version of the "beta anomaly" shows that the yield differential between bonds and preferreds may be too low. We highlight recent issuances from HOV and MITT. |
seekingalpha.com |
2024-03-10 13:15:06 |
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| Hovnanian Enterprises, Inc. (HOV) Q4 2023 Earnings Call Transcript |
Hovnanian Enterprises, Inc. (NYSE:HOV ) Q4 2023 Earnings Conference Call December 5, 2023 11:00 AM ET Company Participants Ara Hovnanian - Chairman, President, Chief Executive Officer Brad O'Connor - Chief Financial Officer, Treasurer David Mitrisin - Vice President, Corporate Controller Jeff O'Keefe - Vice President, Investor Relations Conference Call Participants Alan Ratner - Zelman Operator Good morning, and thank you for joining us today for Hovnanian Enterprises' Fiscal 2023 Fourth Quarter Earnings Conference Call. An archive for the webcast will be available after the completion of the call and run for 12 months. |
seekingalpha.com |
2023-12-05 16:18:10 |
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| Hovnanian Enterprises, Inc. (HOV) Q3 2023 Earnings Call Transcript |
Hovnanian Enterprises, Inc. (NYSE:HOV ) Q3 2023 Earnings Conference Call August 30, 2023 11:00 AM ET Company Participants Jeff O'Keefe - Vice President, Investor Relations Ara Hovnanian - Chairman, President and Chief Executive Officer Brad O'Connor - Chief Accounting Officer and Treasurer Conference Call Participants Alan Ratner - Zelman & Associates Operator Good morning, and thank you for joining us today for Hovnanian Enterprises Fiscal 2023 Third Quarter Earnings Conference Call. An archive of the webcast will be available after the completion of the call and run for 12 months. |
seekingalpha.com |
2023-08-30 18:00:22 |
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| Hovnanian Enterprises, Inc. (HOV) Q2 2023 Earnings Call Transcript |
Hovnanian Enterprises, Inc. (NYSE:HOV ) Q2 2023 Earnings Conference Call May 31, 2023 11:00 AM ET Company Participants Jeff O'Keefe - Vice President, Investor Relations Ara Hovnanian - Chairman, President & Chief Executive Officer Larry Sorsby - Executive Vice President & Chief Financial Officer Brad O'Connor - Senior Vice President, Chief Accounting Officer & Treasurer Conference Call Participants Jesse Lederman - Zelman & Associates Jordan Hymowitz - Philadelphia Financial Management Alex Barron - Housing Research Center Operator Good morning and thank you for joining us today for Hovnanian Enterprises Fiscal 2023 Second Quarter Earnings Conference Call. An archive of the webcast will be available after the completion of the call and run for 12 months. |
seekingalpha.com |
2023-05-31 21:34:07 |
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| Hovnanian Enterprises, Inc. (HOV) Q4 2022 Earnings Call Transcript |
Start Time: 11:00 January 1, 0000 12:02 PM ET Hovnanian Enterprises, Inc. (NYSE:HOV ) Q4 2022 Earnings Conference Call December 08, 2022, 11:00 AM ET Company Participants Ara Hovnanian - Chairman, President and CEO Larry Sorsby - EVP and CFO Brad O'Connor - SVP, Chief Accounting Officer and Treasurer Jeff O'Keefe - VP, IR Conference Call Participants Alan Ratner - Zelman & Associates Alex Barron - Housing Research Center Operator Good morning and thank you for joining us today for Hovnanian Enterprises Fiscal 2022 Fourth Quarter Earnings Conference Call. An archive of the webcast will be available after the completion of the call and run for 12 months. |
seekingalpha.com |
2022-12-08 19:48:05 |
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| Hovnanian Enterprises, Inc. (HOV) Q3 2022 Earnings Call Transcript |
Hovnanian Enterprises, Inc. (NYSE:HOV ) Q3 2022 Earnings Conference Call September 1, 2022 11:00 AM ET Company Participants Jeff O'Keefe - Vice President of Investor Relations Ara Hovnanian - Chairman, President, and Chief Executive Officer Larry Sorsby - Executive Vice President, and Chief Financial Officer Brad O'Connor - Senior Vice President, Chief Accounting Officer, and Treasurer Conference Call Participants Kwaku Abrokwah - Goldman Sachs Jesse Lederman - Zelman & Associates Operator Good morning and thank you for joining us today for Hovnanian Enterprises Fiscal 2022 Third Quarter Earnings Conference Call. An archive of the webcast will be available after the completion of the call and run for 12 months. |
seekingalpha.com |
2022-09-01 18:00:29 |
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| Hovnanian stock rallies after big profit rise, raised outlook even as home demand continues to slow |
Shares of Hovnanian Enterprises Inc. HOV, +2.37% leapt 3.2% in afternoon trading Thursday, to bounce off the previous session's 19-month closing low, after the home builder a big jump in fiscal third-quarter profit and lifted its full-year outlook, despite signs of a slowing housing market. Net income for the quarter to July 31 rose to $79.95 million, or $10.82 a share, from $47.70 million, or $6.72 a share, in the year-ago period. |
marketwatch.com |
2022-09-01 17:46:48 |
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| Hovnanian Enterprises, Inc. (HOV) CEO Ara Hovnanian on Q2 2022 Results - Earnings Call Transcript |
Hovnanian Enterprises, Inc. (NYSE:HOV ) Q2 2022 Results Conference Call June 1, 2022 11:00 AM ET Company Participants Jeff O'Keefe - VP, IR Ara Hovnanian - Chairman, President and CEO Larry Sorsby - EVP and CFO Brad O'Connor - SVP, Chief Accounting Officer and Treasurer Conference Call Participants Alan Ratner - Zelman & Associates Alex Barron - Housing Research Center Kwaku Abrokwah - Goldman Sachs Operator Good morning and thank you for joining us today for Hovnanian Enterprises Fiscal 2022 Second Quarter Earnings Conference Call. An archive of the webcast will be available after the completion of the call and run for 12 months. |
seekingalpha.com |
2022-06-01 18:31:04 |
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| Hovnanian stock surges toward 5th-straight gain after adjusted earnings triple, gross margin improves |
Shares of Hovnanian Enterprises Inc. HOV, +7.18% surged 6.4% toward a fifth-straight gain in morning trading Wednesday, after the home builder reported fiscal second-quarter earnings that more than tripled, when excluding the benefit of last year's valuation allowance reduction, and gross margin that improved by more than five percentage points. Net income for the quarter to April 30 was $59.8 million, or $8.39 a share, after income of $488.7 million, or $69.65 a share, in the year-ago period. |
marketwatch.com |
2022-06-01 13:35:44 |
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| Hovnanian Enterprises' (HOV) CEO Ara Hovnanian on Q1 2022 Results - Earnings Call Transcript |
Hovnanian Enterprises' (HOV) CEO Ara Hovnanian on Q1 2022 Results - Earnings Call Transcript |
seekingalpha.com |
2022-03-01 19:08:06 |
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| Hovnanian Enterprises Stock Slips Post Q1 Results, Reiterates Q2, FY22 Outlook |
Hovnanian Enterprises, Inc (NYSE: HOV) reported first-quarter FY22 revenue of $565.31 million, a decline of 1.6% year-over-year, and below its Q1 outlook for total revenues of $640 million - $670 million. Homebuilding gross margin, after the cost of sales interest expense and land. |
benzinga.com |
2022-03-01 15:49:00 |
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| Who's Ready For Some 'Bob The Builder' Bargains? |
We all know the homebuilder sector is cyclical, yet shares remain cheap, most trading at single-digit multiples. |
seekingalpha.com |
2022-01-21 09:00:00 |
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| Timber REITs: Renewable Dividends |
Across the land, there are few better inflation hedges than land itself. Timber REITs own nearly 30 million acres of land, more acreage than the smallest U.S. five states combined. Truly an "organic growth" sector, Timber REITs - which were initially slammed at the outside of the pandemic - have come roaring back to life over the last twelve months. |
seekingalpha.com |
2021-12-10 12:30:00 |
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| Hovnanian Enterprises, Inc. (HOV) CEO Ara Hovnanian on Q4 2021 Results - Earnings Call Transcript |
Hovnanian Enterprises, Inc. (HOV) CEO Ara Hovnanian on Q4 2021 Results - Earnings Call Transcript |
seekingalpha.com |
2021-12-09 20:05:24 |
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