Hovnanian Enterprises

Yahoo Finance • 9 months ago

Hovnanian Enterprises Inc (HOV) Reports Strong Fiscal 2024 First Quarter Results

Total Revenues: Increased by 15.3% to $594.2 million year-over-year. Net Income: Rose to $23.9 million, or $2.91 per diluted common share. Income Before Income Taxes: Jumped 80.4% to $32.6 million year-over-year. Homebuilding Gross Margin:... Full story

Yahoo Finance • 12 months ago

Hovnanian Enterprises, Inc. (NYSE:HOV) Q4 2023 Earnings Call Transcript

Hovnanian Enterprises, Inc. (NYSE:HOV) Q4 2023 Earnings Call Transcript December 5, 2023 Operator: Good morning, and thank you for joining us today for Hovnanian Enterprises' Fiscal 2023 Fourth Quarter Earnings Conference Call. An archive... Full story

Yahoo Finance • 12 months ago

With 48% stake, Hovnanian Enterprises, Inc. (NYSE:HOV) seems to have captured institutional investors' interest

Key Insights Given the large stake in the stock by institutions, Hovnanian Enterprises' stock price might be vulnerable to their trading decisions A total of 17 investors have a majority stake in the company with 50% ownership Insiders ha... Full story

Yahoo Finance • last year

Hovnanian Enterprises Announces Fiscal Year 2023 Earnings Release and Conference Call

MATAWAN, N.J., Nov. 21, 2023 (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, 2023, the morning of Tuesda... Full story

Yahoo Finance • last year

Hovnanian Enterprises to Present at Deutsche Bank’s 31st Annual Leveraged Finance Conference

RED BANK, N.J., Sept. 27, 2023 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, announced that senior management will be presenting at Deutsche Bank’s 31st Annual Leveraged Finance Conference o... Full story

Yahoo Finance • last year

Hovnanian Enterprises Announces Refinancing Transaction

MATAWAN, N.J., Sept. 25, 2023 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV) (the “Company”), a leading national homebuilder, announced today that it has entered into an agreement with existing investors to consummate a refi... Full story

Yahoo Finance • last year

Hovnanian Enterprises Reports Fiscal 2023 Third Quarter Results

81% Year over Year Increase in Net Contracts Net Contracts per Community Increased 92% Year over Year Homebuilding Gross Margin Percentage Improved Sequentially by 230 Basis Points 53% Sequential Growth in Income Before Income Taxes Redeem... Full story

Yahoo Finance • last year

Hovnanian Enterprises Announces Third Quarter Fiscal Year 2023 Earnings Release and Conference Call

MATAWAN, N.J., Aug. 16, 2023 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, will release financial results for the third quarter ended July 31, 2023, the morning of Wednesday, August 30, 2023... Full story

Yahoo Finance • last year

Hovnanian Enterprises Announces Retirement of Larry Sorsby, Executive Vice President and Chief Financial Officer

MATAWAN, N.J., June 20, 2023 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, announced that J. Larry Sorsby, Executive Vice President and Chief Financial Officer, intends to retire from the Co... Full story

Yahoo Finance • 2 years ago

Hovnanian Enterprises Announces Second Quarter Fiscal Year 2023 Earnings Release and Conference Call

MATAWAN, N.J., May 17, 2023 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, will release financial results for the second quarter ended April 30, 2023, the morning of Wednesday, May 31, 2023.... Full story

Yahoo Finance • 2 years ago

Hovnanian Enterprises (NYSE:HOV) Is Looking To Continue Growing Its Returns On Capital

To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd like to see a company investing more capital into its business and ideally the returns earned from that capital are als... Full story

Yahoo Finance • 2 years ago

Homebuilder Stocks Still The Place To Be; Two In Buy Zones And Two Set To Report Earnings

Homebuilders remain a surprisingly strong sector as we head toward summer. New names have emerged and are in buy zones. Continue reading... Full story

Yahoo Finance • 2 years ago

The Grupe Company and Canyon Partners Form Joint Venture to Develop 253 Unit Multifamily Project in Folsom, CA; Secure Construction Loan from Umpqua Bank

FOLSOM, Calif., April 24, 2023 /PRNewswire/ -- Canyon Partners Real Estate LLC ("Canyon") and Iron Point Manager LLC, a partnership between The Grupe Company, Guardian Capital and Cole Partners, announce a joint venture for the ground-up c... Full story

Yahoo Finance • 2 years ago

Why Hovnanian Enterprises, Inc. (NYSE:HOV) Looks Like A Quality Company

While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. By way of learning-by-doing, we'll look at ROE to gain a b... Full story

Yahoo Finance • 2 years ago

Hovnanian Enterprises Reports Fiscal 2023 First Quarter Results

Gross Margins for the Quarter for Both Deliveries and Recent Contracts Remains Strong Net Contracts per Community Increased from 1.5 in November to 3.0 in January and Accelerated Further in February MATAWAN, N.J., Feb. 28, 2023 (GLOBE... Full story

Yahoo Finance • 2 years ago

Hovnanian Enterprises Announces First Quarter Fiscal Year 2023 Earnings Release and Conference Call

MATAWAN, N.J., Feb. 14, 2023 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, will release financial results for the first quarter ended January 31, 2023 the morning of Tuesday, February 28, 20... Full story

Yahoo Finance • 2 years ago

Hovnanian Enterprises Reports Fiscal 2022 Fourth Quarter and Full Year Results

$320 Million Pretax Profit in Fiscal 2022 a 68% Year-over-Year Increase Gross Margin Percentage Increased 290 Basis Points Year-over-Year for Full Year Full Year Interest Expense as Percent of Total Revenue Declined 130 Basis Points Year-o... Full story

Yahoo Finance • 2 years ago

Hovnanian Enterprises Announces Fiscal Year 2022 Earnings Release and Conference Call

MATAWAN, N.J., Nov. 28, 2022 (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, 2022 the morning of Thursda... Full story

Yahoo Finance • 2 years ago

Hovnanian Enterprises Announces Third Quarter Fiscal Year 2022 Earnings Release and Conference Call

Hovnanian Enterprises, Inc. MATAWAN, N.J., Aug. 18, 2022 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, will release financial results for the third quarter ended July 31, 2022 the morning of... Full story

Yahoo Finance • 2 years ago

Robert Shiller: 'We have a lot of ingredients that might lead to a recession'

As the Federal Reserve gets more aggressive in its efforts to curb inflation amid implications from the ongoing COVID-19 pandemic continue to reverberate, Nobel Prize-winning economist Robert Shiller predicts that the cooling housing marke... Full story