Hovnanian Enterprises, Inc. Class A HOV

On August 20, Hovnanian Enterprises (NYSE:HOV) reported third-quarter results that told two different stories at once. Revenue fell to $705.7 million from $800.6 million a year earlier, and the company posted a net loss of $0.70 per diluted share. Yet backlog value rose 5.1% year over year to $881.9 million, and management pointed to record […]

Gross margins improved for the second consecutive quarter, but adjusted pre-tax income missed guidance for the first time in 23 quarters due to lower JV income.

Moby summary of Hovnanian Enterprises, Inc.'s Q3 2026 earnings call

Met or Exceeded Guidance on Nearly All Metrics ProvidedGross Margins Improved Sequentially for Second Quarter in a RowThe Dollar Value of Consolidated Domestic Backlog Increased 5% Year Over Year MATAWAN, N.J., Aug. 20, 2026 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, reported results for its fiscal third quarter and nine months ended July 31, 2026. RESULTS FOR THE THREE-MONTH AND NINE-MONTH PERIODS ENDED JULY 31, 2026: Total revenues were $705.7

Smaller builders are trading near or below book value, and all have relatively small market capitalizations.

ATLANTIC CITY, N.J., Aug. 14, 2026 (GLOBE NEWSWIRE) -- K. Hovnanian® Homes celebrated the groundbreaking of Terraces at Absecon Inlet on August 12, marking the start of construction for new waterfront townhomes and condos for sale in Atlantic City, NJ. The event was attended by representatives from K. Hovnanian® Homes and Atlantic City Mayor Marty Small, Sr. This new-construction development represents K. Hovnanian’s return to the Atlantic City market and marks the beginning of a new community t

MATAWAN, N.J., Aug. 06, 2026 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, will release financial results for the third quarter ended July 31, 2026, the morning of Thursday, August 20, 2026. The Company will webcast its third quarter earnings conference call at 11:00 a.m. (ET) on Thursday, August 20, 2026. The conference call and accompanying slide presentation will be webcast live through the “Investor Relations” section of Hovnanian Enterprises’ w

K. Hovnanian Middle East begins its next chapter as the Saudi developer deepens its investment in the Kingdom, reinforcing its long-term commitment to Saudi Arabia and Vision 2030RIYADH, Saudi Arabia, July 01, 2026 (GLOBE NEWSWIRE) -- Al Tahaluf Real Estate Company CJSC today announced its rebrand to HOV Global CJSC following an increase in majority ownership by K. Hovnanian M.E. Investments, LLC (KHME), a subsidiary of Hovnanian Enterprises, Inc. (NYSE: HOV), one of the largest homebuilders in

The most sweeping housing affordability bill in decades cleared Congress, and homebuilder stocks staged their strongest session in months. The iShares U.S. Home Construction ETF jumped about 6.3% Wednesday, its sharpest one-day advance since July 2025, as investors rushed into...

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Argosy Investors, an investment management company, released its Q1 2026 investor letter. A copy is available to download here. The letter discussed the current transformative investment landscape driven by the AI capex boom. The author expressed skepticism about the durability of the earnings flowing to its market participants and suppliers. The main challenge during capex […]

Despite a challenging market, Hovnanian Enterprises Inc (HOVNP.PFD) exceeded expectations in key financial metrics, showcasing resilience and strategic foresight.