Hovnanian Enterprises Announces Strategic Partnership Between K. Hovnanian M.E. |
MATAWAN, N.J., May 15, 2025 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder across the United States, announced the signing of a strategic Memorandum of Understanding (MOU) between its Middle East subsidiary, K. Hovnanian M.E. Investments, LLC, and Saudi Arabia's leading real estate developer NHC. The MOU was signed by Mr. Mohammad Albuty, Chief Executive Officer of NHC, and Ara K. Hovnanian, Chairman of the Board, President, and Chief Executive Officer of Hovnanian Enterprises, Inc., and formalized at the Saudi-U.S. Investment Forum in Riyadh on May 13, 2025, during President Donald J. Trump's historic visit to the Kingdom. |
globenewswire.com |
2025-05-15 19:14:00 |
Czytaj oryginał (ang.) |
Hovnanian Enterprises Announces Second Quarter Fiscal 2025 Earnings Release and Conference Call |
MATAWAN, N.J., May 06, 2025 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, will release financial results for the second quarter ended April 30, 2025, the morning of Tuesday, May 20, 2025. The Company will webcast its second quarter earnings conference call at 11:00 a.m. (ET) on Tuesday, May 20, 2025. |
globenewswire.com |
2025-05-06 18:00:00 |
Czytaj oryginał (ang.) |
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.) |
Strength Seen in Hovnanian (HOV): Can Its 10.6% Jump Turn into More Strength? |
Hovnanian (HOV) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road. |
zacks.com |
2025-04-07 15:50:34 |
Czytaj oryginał (ang.) |
Hovnanian Q1 Earnings Rise 23%, Margins Decline on Incentives |
HOV's Q1 revenues grow 13%, but margins fall as incentives rise. Contracts increase, while the backlog declines amid shifting market dynamics. |
zacks.com |
2025-02-27 12:46:24 |
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 Reports Fiscal 2025 First Quarter Results |
13% Increase in Total Revenues Income Before Income Taxes Increased 22% Year-Over-Year 7% Year-Over-Year Quarterly Growth in Consolidated Contracts Total Consolidated Lots Controlled Increased 29% Year-Over-Year |
globenewswire.com |
2025-02-24 11:15:00 |
Czytaj oryginał (ang.) |
Hovnanian Enterprises Announces First Quarter Fiscal 2025 Earnings Release and Conference Call |
MATAWAN, N.J., Feb. 10, 2025 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, will release financial results for the first quarter ended January 31, 2025, the morning of Monday, February 24, 2025. The Company will webcast its first quarter earnings conference call at 11:00 a.m. (ET) on Monday, February 24, 2025. |
globenewswire.com |
2025-02-10 16:00:00 |
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 |
Czytaj oryginał (ang.) |
Hovnanian Enterprises Q4 Earnings Decline Y/Y, Revenues Up |
HOV's strategic focus on contracts and land expansion drives strong Q4 growth despite cost and margin pressures. |
zacks.com |
2024-12-10 11:00:27 |
Czytaj oryginał (ang.) |
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 |
Czytaj oryginał (ang.) |
Hovnanian Enterprises Reports Fiscal 2024 Fourth Quarter and Full Year Results |
Full Year Income Before Income Taxes Increased 24% Year-Over-Year 44% Year-Over-Year Quarterly Growth in Consolidated Contracts Total Consolidated Lots Controlled Increased 32% Year-Over-Year 47% Year-Over-Year Growth in Annual Land and Land Development Spend |
globenewswire.com |
2024-12-05 11:15:00 |
Czytaj oryginał (ang.) |
K. Hovnanian️'s Northeast Division Awarded Special Honors by U.S. Department of Energy |
MATAWAN, N.J., Dec. 04, 2024 (GLOBE NEWSWIRE) -- K. |
globenewswire.com |
2024-12-04 17:53:00 |
Czytaj oryginał (ang.) |
K. Hovnanian® Homes Launches Groundbreaking New Website |
MATAWAN, N.J., Dec. 02, 2024 (GLOBE NEWSWIRE) -- K. |
globenewswire.com |
2024-12-02 15:38:00 |
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Hovnanian Enterprises Announces Fiscal Year 2024 Earnings Release and Conference Call |
MATAWAN, N.J., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, will release financial results for the fourth quarter and fiscal year ended October 31, 2024, the morning of Thursday, December 5, 2024. The Company will webcast its fourth quarter earnings conference call at 11:00 a.m. (ET) on Thursday, December 5, 2024. |
globenewswire.com |
2024-11-21 15:00:00 |
Czytaj oryginał (ang.) |
2 Small Caps: Should You Bet the "House"? |
HOV and AXR are two housing plays approaching different geographical markets. |
zacks.com |
2024-10-29 17:56:11 |
Czytaj oryginał (ang.) |
K. Hovnanian® Homes Recognized with Department of Energy Housing Innovation Award |
K. Hovnanian® Homes is proud to announce the U.S. Department of Energy (DOE) recognized their Phoenix Division as a 2024 Housing Innovation award winner. |
globenewswire.com |
2024-10-21 20:09:00 |
Czytaj oryginał (ang.) |
Hovnanian Enterprises to Present at Deutsche Bank's 32nd Annual Leveraged Finance Conference |
MATAWAN, N.J., Sept. 16, 2024 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, announced that senior management will be presenting at Deutsche Bank's 32nd Annual Leveraged Finance Conference taking place on Tuesday, September 24, 2024, at 11:00 am ET. |
globenewswire.com |
2024-09-16 19:00:00 |
Czytaj oryginał (ang.) |
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 (HOV) Q3 Earnings Rise Y/Y, '24 Revenue View Hikes |
A y/y increase in home sales revenues aids Hovnanian's (HOV) earnings in Q3. |
zacks.com |
2024-08-23 18:21:04 |
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 |
Czytaj oryginał (ang.) |
HOV Stock Earnings: Hovnanian Enterprises Reported Results for Q3 2024 |
Hovnanian Enterprises (NYSE: HOV ) just reported results for the third quarter of 2024. Hovnanian Enterprises reported earnings per share of $9.75. |
investorplace.com |
2024-08-22 17:52:40 |
Czytaj oryginał (ang.) |
Hovnanian Enterprises Reports Fiscal 2024 Third Quarter Results |
11% Year-Over-Year Growth in Total Revenues Income Before Income Taxes Increased 38% Year-Over-Year 24% Year-Over-Year Growth in Consolidated Community Count Total Consolidated Lots Controlled Increased 34% Year-Over-Year Increased Midpoint of Full Year Adjusted Income Before Income Tax Guidance by 11% to $313 Million |
globenewswire.com |
2024-08-22 13:15:00 |
Czytaj oryginał (ang.) |
Hovnanian Enterprises Announces Third Quarter Fiscal 2024 Earnings Release and Conference Call |
MATAWAN, N.J., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, will release financial results for the third quarter ended July 31, 2024, the morning of Thursday, August 22, 2024. The Company will webcast its third quarter earnings conference call at 11:00 a.m. (ET) on Thursday, August 22, 2024. |
globenewswire.com |
2024-08-08 17:00:00 |
Czytaj oryginał (ang.) |
5 Small Cap Stocks That Popped 30% In Less than 10 Days |
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247wallst.com |
2024-07-24 17:33:24 |
Czytaj oryginał (ang.) |
Top 2 Consumer Stocks That May Fall Off A Cliff This Quarter |
As of July 24, 2024, two stocks in the consumer discretionary sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. |
benzinga.com |
2024-07-24 13:13:55 |
Czytaj oryginał (ang.) |
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 |
Czytaj oryginał (ang.) |
Hovnanian Enterprises Announces Credit Rating Upgrade From Moody's Ratings |
MATAWAN, N.J., June 25, 2024 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, today announced that Moody's Ratings (“Moody's”) has upgraded Hovnanian's corporate family rating to B2 from B3. In a press release issued on June 24, 2024, Moody's cited an improvement in the company's leverage profile through solid operating performance and growth in net worth, as well as through the recently completed debt exchange transaction. Moody's outlook for Hovnanian remains stable. |
globenewswire.com |
2024-06-25 13:00:00 |
Czytaj oryginał (ang.) |
Zacks Initiates Coverage of Hovnanian With Neutral Recommendation |
Discover why Zacks rates Hovnanian (HOV) as "Neutral," being the first on Wall Street to initiate coverage on the stock. Explore its robust financial restructuring and market growth amid competitive and market challenges. |
zacks.com |
2024-06-17 13:11:25 |
Czytaj oryginał (ang.) |