HOVNP Hovnanian Enterprises Inc - Depositary Share representing 1/1000th of 7.625% Series A Preferred Stock
About Hovnanian Enterprises Inc - Depositary Share representing 1/1000th of 7.625% Series A Preferred Stock Company overview from Wikipedia
Hovnanian Enterprises, Inc. is an American real estate company which is involved in every aspect of marketing homes, including design, construction and sales. The company works with individual detached housing as well as higher-occupancy dwellings, including townhouses, condominiums and retirement homes.
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Hovnanian Enterprises, Inc. is an American real estate company which is involved in every aspect of marketing homes, including design, construction and sales. The company works with individual detached housing as well as higher-occupancy dwellings, including townhouses, condominiums and retirement homes.
Company operations
Hovnanian Enterprises, Inc. has delivered in excess of 336,000 houses since incorporation including 5,831 homes in fiscal 2018, with base prices ranging from $144,000 to $2,252,000 and averaging about $393,000. It operates in Arizona, California, Delaware, Florida, Georgia, Illinois, Maryland, New Jersey, Ohio, Pennsylvania, South Carolina, Texas, Virginia, and West Virginia. Members of the Hovnanian family, including Ara K. Hovnanian, have voting control more than 50% of the votes as of January 29, 2018 equivalent to a stake worth $178 million in 2015.
The company relocated its corporate headquarters to a new building on the banks of the Navesink River in Red Bank, New Jersey, in 2006.
In 2018 the corporate headquarters was relocated to Matawan, New Jersey. Also in 2018, Hovnanian moved to default on debts in a manufactured default deal with the Blackstone Group which would benefit through credit default swaps, in exchange for a sweetheart loan from Blackstone. In late May 2018, Blackstone abandoned the effort due to an admonishment from U.S. regulators.
History
In 1959, Kevork Hovnanian, an ethnic Armenian originally from Iraq, and his three brothers, Hirair Hovnanian, Jirair Hovnanian and Vahak Hovnanian, each contributed $1,000, in addition to $20,000 which they borrowed, to found Hovnanian Enterprises, Inc. in a trailer in Toms River, New Jersey.
Hovnanian and his company earned a reputation to selling low cost condos and townhouses, many to first time young homeowners and families. A typical two-bedroom, two bathroom Hovnanian home built in the early 1980s cost approximately $30,000 because Hovnanian eliminated amenities such as communal swimming pools, which other builders used to attract potential buyers. In a New York Times interview in 1983, Hovnanian explained his reasoning for marketing low cost homes in developments without community amenities, "There are limited recreation facilities going in because people have little time for socialization."
In 1964 Jirair Hovnanian split off from his brothers' company and founded his own construction business, J.S. Hovnanian & Sons, of Mount Laurel Township, New Jersey. Hirair and Vahak also left the company by 1969 to found their own enterprises.
Hovnanian Enterprises had built and sold more than 30,000 homes and condos by 1989. An additional 200,000 residences were sold between 1989 and 2009, as the company expanded its construction to include luxury homes, mid-priced homes and retirement communities. It remains one of the United States' largest builders of "active adult homes", which are sold under the name of Four Seasons communities.
Kevork Hovnanian stepped down as president of Hovnanian Enterprises in 1989, and was succeeded by his son, Ara K. Hovnanian. He remained chief executive until his retirement in 1997, and was also replaced as CEO by Ara Hovnanian. However, he remained the chairman of the company's board of directors until his death in 2009.
Quality
In 2005, Hovnanian acknowledged problems in a development in New Jersey after nearly three dozen homeowners turned to elected officials when their complaints were ignored.
The mortgage company was involved in a class action lawsuit filed in 2007 alleging violations of the Real Estate Settlement Procedures Act (RESPA) for removing incentives from home buyers if they opted to use another title insurance provider rather than the Hovnanian-affiliated title insurance company.
The company received numerous awards for construction quality in 2006 and 2007.
Charity
K. Hovnanian Children's Hospital was named after builder Kevork Hovnanian after his foundation contributed the "largest donation the hospital had seen in its 101 year history."
Ocean Medical Center expanded in 2013 when it began an $82 million expansion project to substantially increase the capacity of its emergency room facilities and add additional basement and third floor space, funded in part by the family of Kevork Hovnanian who donated $5 million to the cause.
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
HOVNP Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
HOVNP Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
10-Year Performance Revenue, net income, margins and EPS trends
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Financial Health Debt, liquidity, solvency — balance sheet strength
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
Dividends Yield, payout ratio, dividend history, 5Y CAGR
| Ex-date | Amount |
|---|---|
| July 1, 2026 | $0.4770 |
| April 1, 2026 | $0.4770 |
| Dec. 31, 2025 | $0.4770 |
| Oct. 1, 2025 | $0.4770 |
| July 1, 2025 | $0.4770 |
| April 1, 2025 | $0.4770 |
| Dec. 31, 2024 | $0.4770 |
| Oct. 1, 2024 | $0.4770 |
| July 1, 2024 | $0.4770 |
| March 28, 2024 | $0.4770 |
| Dec. 28, 2023 | $0.4770 |
| Sept. 28, 2023 | $0.4770 |
| June 29, 2023 | $0.4770 |
| March 30, 2023 | $0.4770 |
| Dec. 29, 2022 | $0.4770 |
| Sept. 29, 2022 | $0.4770 |
| June 30, 2022 | $0.4770 |
| March 31, 2022 | $0.4770 |
| Dec. 30, 2021 | $0.4770 |
| Sept. 27, 2007 | $0.4770 |
HOVNP Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
- Strong Buy 0 0.0%
- Buy 0 0.0%
- Hold 2 25.0%
- Sell 5 62.5%
- Strong Sell 1 12.5%
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $-0.46 | $-2.06 | 1.6% |
| March 31, 2026 | $2.62 | $-0.99 | 3.6% |
| Dec. 31, 2025 | $-0.51 | $0.64 | -1.1% |
| Sept. 30, 2025 | $1.99 | $3.55 | -1.6% |
| June 30, 2025 | $2.43 | $2.47 | -0.04% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| HOVNP | — | 2.7 | -0.88% | 2.1% | 7.8% | — |
| GRBK | — | 8.9 | -1.0% | 15.3% | — | 31.4% |
| CCS | $1.72B | 12.2 | -6.4% | 3.6% | 5.7% | — |
| DFH | — | 8.0 | -2.9% | — | — | — |
| LGIH | $994M | 13.8 | -22.6% | 4.2% | 3.5% | — |
| BZH | $731M | 16.2 | 1.8% | 1.9% | 3.7% | 14.2% |
| HOV | — | — | — | — | — | — |
| SDHC | — | 14.1 | -0.45% | 1.1% | 13.3% | 21.9% |
| LEGH | $465M | 11.2 | -10.7% | 25.4% | 8.0% | — |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 12
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.98B | $3.00B | $2.76B | $2.92B | $2.78B | $2.34B | $2.02B | $1.99B | $2.45B | $2.75B | $2.15B | $2.06B | |
| Operating Expenses | $2.91B | $2.74B | $2.52B | $2.62B | $2.60B | $2.32B | $2.04B | $2.00B | $2.46B | $2.74B | $2.17B | $2.05B | |
| Interest Expense | · | $121M | $135M | $132M | $162M | $178M | $161M | $164M | $185M | $183M | $150M | $141M | |
| Other Non-op | · | · | · | · | · | · | · | · | $-2M | $-5M | $-6M | $-5M | |
| Pretax Income | $86M | $317M | $256M | $320M | $190M | $55M | $-40M | $8M | $-45M | $2M | $-22M | $20M | |
| Income Tax | $22M | $75M | $50M | $94M | $-418M | $4M | $2M | $4M | $287M | $5M | $-6M | $-287M | |
| Net Income | $64M | $242M | $206M | $225M | $608M | $51M | $-42M | $5M | $-332M | $-3M | $-16M | $307M | |
| EPS (Basic) | $7.95 | $34.40 | $28.76 | $30.31 | $87.50 | $7.48 | $-7.06 | $0.73 | $-56.23 | $-0.02 | $-0.11 | $2.05 | |
| EPS (Diluted) | $7.43 | $31.79 | $26.88 | $29.00 | $85.86 | $7.03 | $-7.06 | $0.72 | $-56.23 | $-0.02 | $-0.11 | $1.87 | |
| Shares (Basic) | 6,449,000 | 6,479,000 | 6,230,000 | 6,437,000 | 6,287,000 | 6,189,000 | 5,968,000 | 5,941,000 | 5,908,000 | 147,451,000 | 146,899,000 | 146,271 | |
| Shares (Diluted) | 6,892,000 | 7,007,000 | 6,666,000 | 6,728,000 | 6,395,000 | 6,584,000 | 5,968,000 | 6,072,000 | 5,908,000 | 147,451,000 | 146,899,000 | 162,441 | |
| EBITDA | $14M | $8M | $9M | $5M | $5M | · | · | · | $4M | $4M | $3M | $3M |
Balance Sheet 11
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | · | · | · | · | · | · | · | · | $469M | $347M | $254M | $262M | |
| PP&E (Net) | $51M | $43M | $34M | $26M | $19M | $18M | $20M | $20M | $53M | $50M | $46M | $47M | |
| PP&E (Gross) | $112M | $100M | $89M | $78M | $67M | $65M | $62M | $60M | $122M | $120M | $118M | $120M | |
| Accum. Depreciation | $61M | $57M | $55M | $52M | $49M | $46M | $42M | $40M | $69M | $70M | $72M | $74M | |
| Total Assets | $2.63B | $2.61B | $2.49B | $2.56B | $2.32B | $1.83B | $1.88B | $1.66B | $1.90B | $2.35B | $2.60B | $2.29B | |
| Total Liabilities | $1.80B | $1.81B | $1.91B | $2.18B | $2.15B | $2.26B | $2.37B | $2.12B | $2.36B | $2.48B | $2.73B | $2.41B | |
| Long-term Debt | $901M | $896M | $1.05B | $1.15B | $1.25B | $1.43B | $1.48B | $1.44B | $1.61B | $1.61B | $1.86B | $1.67B | |
| Retained Earnings | $127M | $74M | $-157M | $-352M | $-567M | $-1.18B | $-1.23B | $-1.18B | $-1.19B | $-856M | $-853M | $-837M | |
| Treasury Stock | $189M | $159M | $132M | $128M | $115M | $115M | $115M | $115M | $115M | $115M | $115M | $115M | |
| Stockholders' Equity | $831M | $800M | $582M | $383M | $175M | $-437M | $-490M | $-454M | $-460M | $-129M | $-128M | $-118M | |
| Liabilities + Equity | $2.63B | $2.61B | $2.49B | $2.56B | $2.32B | $1.83B | $1.88B | $1.66B | $1.90B | $2.35B | $2.60B | $2.29B |
Cash Flow 16
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $14M | $8M | $9M | $5M | $5M | $5M | $4M | $3M | $4M | $4M | $3M | $3M | |
| Stock-based Comp | $17M | $25M | $14M | $10M | $8M | $3M | $721.0K | $4M | $557.0K | $3M | $9M | $10M | |
| Deferred Tax | $11M | $62M | $42M | $81M | $-426M | $0 | $0 | $0 | $286M | $7M | $-5M | $-288M | |
| Other Non-cash | $82M | $-313M | $164M | $-233M | $15M | · | · | · | $339M | $377M | $-312M | $-224M | |
| Operating Cash Flow | $188M | $24M | $435M | $89M | $210M | $293M | $-249M | $-67M | $302M | $387M | $-321M | $-191M | |
| CapEx | $22M | $18M | $19M | $13M | $6M | $3M | $4M | $5M | $6M | $8M | $2M | $3M | |
| Investing Cash Flow | $-66M | $-46M | $-78M | $-2M | $9M | $2M | $-8M | $36M | $-30M | $-52M | $2M | $-14M | |
| Net Debt Issued | · | · | · | · | · | · | · | · | · | · | $-4M | $-6M | |
| Stock Repurchased | $30M | $27M | $5M | $12M | $0 | $0 | · | · | · | · | · | · | |
| Net Stock Activity | $-30M | $-27M | $-5M | $-12M | · | · | · | · | · | · | · | · | |
| Dividends Paid | $11M | $11M | $11M | $11M | $0 | $0 | $0 | · | · | · | · | · | |
| Financing Cash Flow | $-70M | $-188M | $-262M | $-17M | $-217M | $-168M | $207M | $-229M | $-148M | $-246M | $310M | $137M | |
| Net Change in Cash | $52M | $-211M | $95M | $71M | $2M | $127M | $-51M | $-261M | $124M | $89M | $-8M | $-67M | |
| Taxes Paid | $16M | $10M | $9M | $14M | $8M | $3M | $3M | $3M | $1M | $-1M | $2M | $538.0K | |
| Free Cash Flow | $166M | $6M | $416M | $77M | $204M | · | · | · | $291M | $380M | $-323M | $-194M | |
| Levered FCF | · | $-86M | $308M | $-16M | $-314M | · | · | · | $-1.07B | $591M | $-434M | $-2.34B |
Profitability 5
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Margin | 2.1% | 8.1% | 7.5% | 7.7% | 21.8% | · | · | · | -13.6% | -0.10% | -0.75% | 14.9% | |
| Pretax Margin | 2.9% | 10.5% | 9.3% | 10.9% | 6.8% | · | · | · | -1.8% | 0.09% | -1.0% | 0.98% | |
| EBITDA Margin | 0.47% | 0.26% | 0.32% | 0.19% | 0.19% | · | · | · | 0.17% | 0.13% | 0.16% | 0.17% | |
| ROA | 2.4% | 9.5% | 8.2% | 9.2% | 29.3% | · | · | · | -15.6% | -0.11% | -0.66% | 15.2% | |
| ROE | 7.8% | 34.4% | 42.7% | 80.8% | -463.9% | · | · | · | 112.8% | 2.2% | 13.1% | -111.6% |
Efficiency 1
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 1.1 | 1.2 | 1.1 | 1.2 | 1.3 | · | · | · | 1.2 | 1.1 | 0.9 | 1.0 |
Growth Rates 9
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | -0.88% | 9.0% | -5.7% | 5.0% | 18.7% | · | · | · | · | · | · | · | |
| Revenue CAGR 3Y | 0.64% | 2.6% | 5.5% | · | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 4.9% | · | · | · | · | · | · | · | · | · | · | · | |
| EPS YoY | -76.6% | 18.3% | -7.3% | -66.2% | 1121.3% | · | · | · | · | · | · | · | |
| EPS CAGR 3Y | -36.5% | -28.2% | 56.4% | · | · | · | · | · | · | · | · | · | |
| EPS CAGR 5Y | 1.1% | · | · | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | -73.6% | 17.5% | -8.7% | -62.9% | 1093.5% | · | · | · | · | · | · | · | |
| Net Income CAGR 3Y | -34.3% | -26.4% | 59.3% | · | · | · | · | · | · | · | · | · | |
| Net Income CAGR 5Y | 4.6% | · | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM) 6
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $2.98B | $3.00B | $2.76B | $2.92B | $2.78B | $2.34B | $2.02B | $1.99B | $2.45B | $2.75B | $2.15B | $2.06B | |
| Net Income TTM | $64M | $242M | $206M | $225M | $608M | $51M | $-42M | $5M | $-332M | $-3M | $-16M | $307M | |
| P/E | 2.7 | 0.6 | 0.7 | 0.7 | 0.2 | 1.0 | -0.6 | 6.2 | -0.1 | -225.0 | -63.2 | 8.1 | |
| Earnings Yield | 36.5% | 181.7% | 151.4% | 152.6% | 503.6% | 97.4% | -176.1% | 16.0% | -783.1% | -0.44% | -1.6% | 12.3% | |
| Payout Ratio | 16.8% | 4.4% | 5.2% | 4.7% | 0.00% | · | · | · | · | · | · | · | |
| Annual Payout | $11M | $11M | $11M | $11M | $0 | $0 | $0 | · | · | · | · | · |
Income Statement 10
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $668M | $632M | $818M | $801M | $686M | $674M | $980M | $723M | $708M | $594M | $887M | $650M | $704M | $515M | $887M | $768M | |
| Operating Expenses | $666M | $607M | $801M | $792M | $669M | $643M | $877M | $636M | $650M | $578M | $766M | $584M | $663M | $504M | $800M | $668M | |
| Pretax Income | $339.0K | $29M | $-4M | $24M | $27M | $40M | $118M | $97M | $69M | $33M | $121M | $70M | $46M | $18M | $91M | $112M | |
| Income Tax | $934.0K | $8M | $-3M | $7M | $7M | $12M | $24M | $24M | $19M | $9M | $24M | $15M | $12M | $-669.0K | $36M | $29M | |
| Net Income | $-284.0K | $21M | $-667.0K | $17M | $20M | $28M | $94M | $73M | $51M | $24M | $97M | $56M | $34M | $19M | $56M | $83M | |
| EPS (Basic) | $-0.46 | $2.80 | $-0.71 | $2.14 | $2.64 | $3.88 | $13.56 | $10.61 | $7.12 | $3.11 | $13.79 | $7.92 | $4.68 | $2.37 | $7.77 | $10.92 | |
| EPS (Diluted) | $-0.46 | $2.62 | $-0.57 | $1.99 | $2.43 | $3.58 | $12.47 | $9.75 | $6.66 | $2.91 | $12.77 | $7.38 | $4.47 | $2.26 | $6.72 | $10.82 | |
| Shares (Basic) | 6,416,000 | 6,490,000 | -12,878,000 | 6,399,000 | 6,411,000 | 6,517,000 | -12,948,000 | 6,474,000 | 6,457,000 | 6,496,000 | -12,371,000 | 6,249,000 | 6,166,000 | 6,186,000 | -12,833,000 | 6,485,000 | |
| Shares (Diluted) | 6,416,000 | 6,950,000 | -14,017,000 | 6,887,000 | 6,951,000 | 7,071,000 | -13,880,000 | 7,048,000 | 6,902,000 | 6,937,000 | -12,969,000 | 6,705,000 | 6,462,000 | 6,468,000 | -12,794,000 | 6,544,000 | |
| EBITDA | · | $3M | · | · | · | $2M | · | · | · | $2M | · | · | · | $1M | · | · |
Balance Sheet 10
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PP&E (Net) | · | · | $51M | · | · | · | $43M | · | · | · | · | $31M | $28M | $28M | · | · | |
| PP&E (Gross) | · | · | $112M | · | · | · | $100M | · | · | · | · | · | · | · | · | · | |
| Accum. Depreciation | · | · | $61M | · | · | · | $57M | · | · | · | · | · | · | · | · | · | |
| Total Assets | $2.83B | $2.73B | $2.63B | $2.63B | $2.55B | $2.53B | $2.61B | $2.54B | $2.32B | $2.34B | · | $2.39B | $2.48B | $2.44B | · | $2.54B | |
| Total Liabilities | $2.00B | $1.90B | $1.80B | $1.79B | $1.73B | $1.72B | $1.81B | $1.84B | $1.67B | $1.73B | · | $1.91B | $2.05B | $2.04B | · | $2.20B | |
| Long-term Debt | $902M | $901M | $901M | $862M | $864M | $894M | $896M | $899M | $933M | $935M | · | $1.04B | $1.14B | $1.15B | · | $1.15B | |
| Retained Earnings | $143M | $146M | $127M | $131M | $117M | $100M | $74M | $-18M | $-88M | $-136M | · | $-252M | $-305M | $-336M | · | $-405M | |
| Treasury Stock | $208M | $198M | $189M | $189M | $189M | $177M | $159M | $159M | $148M | $132M | · | $132M | $132M | $132M | · | $115M | |
| Stockholders' Equity | $825M | $836M | $831M | $835M | $820M | $811M | $800M | $703M | $647M | $607M | · | $482M | $429M | $396M | · | $338M | |
| Liabilities + Equity | $2.83B | $2.73B | $2.63B | $2.63B | $2.55B | $2.53B | $2.61B | $2.54B | $2.32B | $2.34B | · | $2.39B | $2.48B | $2.44B | · | $2.54B |
Cash Flow 13
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $4M | $3M | $5M | $3M | $3M | $2M | $2M | $2M | $2M | $2M | $2M | $1M | $5M | $1M | $1M | $2M | |
| Stock-based Comp | $2M | $2M | $3M | $6M | $4M | $4M | $5M | $9M | $7M | $4M | $5M | $5M | $2M | $2M | $4M | $3M | |
| Other Non-cash | · | $115M | · | · | · | $-90M | · | · | · | $-119M | · | · | · | $-53M | · | · | |
| Operating Cash Flow | $-67M | $141M | $169M | $53M | $22M | $-56M | $116M | $-92M | $89M | $-89M | $144M | $226M | $97M | $-31M | $118M | $34M | |
| CapEx | $3M | $9M | $5M | $7M | $6M | $4M | $4M | $4M | $4M | $5M | $6M | $5M | $4M | $4M | $4M | $3M | |
| Investing Cash Flow | $-2M | $-29M | $-5M | $-28M | $-8M | $-25M | $-6M | $-3M | $-33M | $-4M | $180.0K | $-58M | $3M | $-23M | $1M | $-185.0K | |
| Stock Repurchased | $10M | $9M | $-58.0K | $-94.0K | $12M | $18M | $-11.0K | $11M | $15M | $0 | $0 | $0 | $0 | $5M | $12M | $0 | |
| Net Stock Activity | · | $-9M | · | · | · | $-18M | · | · | · | $0 | · | · | · | $-5M | · | · | |
| Dividends Paid | · | · | $3M | $3M | $3M | · | $3M | $3M | $3M | · | $3M | $3M | $3M | $3M | $3M | $3M | |
| Financing Cash Flow | $42M | $-53M | $-40M | $51M | $-39M | $-42M | $-27M | $48M | $-63M | $-146M | $-34M | $-171M | $-9M | $-48M | $-16M | $38M | |
| Net Change in Cash | $-27M | $59M | $124M | $76M | $-25M | $-123M | $83M | $-47M | $-7M | $-239M | $110M | $-3M | $91M | $-103M | $104M | $72M | |
| Taxes Paid | · | · | · | · | · | · | $838.0K | $3M | $6M | $435.0K | $836.0K | $2M | $7M | $84.0K | $5M | $4M | |
| Free Cash Flow | · | $132M | · | · | · | $-60M | · | · | · | $-94M | · | · | · | $-35M | · | · |
Profitability 5
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Margin | -0.04% | 3.3% | · | 2.1% | 2.9% | 4.2% | · | 10.1% | 7.2% | 4.0% | · | 8.6% | 4.9% | 3.6% | · | 10.8% | |
| Pretax Margin | 0.05% | 4.5% | · | 3.0% | 3.9% | 5.9% | · | 13.5% | 9.8% | 5.5% | · | 10.8% | 6.6% | 3.5% | · | 14.6% | |
| EBITDA Margin | · | 0.52% | · | · | · | 0.34% | · | · | · | 0.27% | · | · | · | 0.27% | · | · | |
| ROA | -0.01% | 0.79% | · | 0.64% | 0.81% | 1.2% | · | 3.0% | 2.1% | 1.0% | · | 2.3% | 1.4% | 0.79% | · | 3.4% | |
| ROE | -0.03% | 2.5% | · | 2.2% | 2.7% | 4.0% | · | 12.3% | 9.4% | 4.8% | · | 13.6% | 9.9% | 6.3% | · | 36.0% |
Efficiency 1
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.2 | 0.2 | · | 0.3 | 0.3 | 0.3 | · | 0.3 | 0.3 | 0.2 | · | 0.3 | 0.3 | 0.2 | · | 0.3 |
Valuation (TTM) 5
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $2.79B | $2.79B | · | $2.88B | $2.79B | $2.70B | · | $2.68B | $2.66B | $2.46B | · | $2.64B | $2.69B | $2.55B | · | $2.73B | |
| Net Income TTM | $57M | $85M | · | $137M | $172M | $176M | · | $203M | $165M | $133M | · | $191M | $198M | $189M | · | $218M | |
| P/E | 3.2 | 1.9 | · | 1.1 | 0.7 | 0.7 | · | 0.7 | 0.8 | 1.1 | · | 0.8 | 0.7 | 0.8 | · | 0.6 | |
| Earnings Yield | 31.3% | 51.3% | · | 91.5% | 136.0% | 133.7% | · | 147.7% | 117.7% | 92.0% | · | 128.2% | 145.7% | 128.8% | · | 156.8% | |
| Payout Ratio | · | · | · | 16.2% | 13.7% | · | · | 3.7% | 5.3% | · | · | · | · | 14.3% | · | · |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2025-10-31 | 2024-10-31 | 2023-10-31 | 2022-10-31 | 2021-10-31 | |
|---|---|---|---|---|---|
| Revenue | $2.98B | $3.00B | $2.76B | $2.92B | $2.78B |
| Net Income | $64M | $242M | $206M | $225M | $608M |
| Diluted EPS | $7.43 | $31.79 | $26.88 | $29.00 | $85.86 |
Cash Flow
| 2025-10-31 | 2024-10-31 | 2023-10-31 | 2022-10-31 | 2021-10-31 | |
|---|---|---|---|---|---|
| Free Cash Flow | $166M | $6M | $416M | $77M | $204M |
Trading Signals Recent buy/sell signals with entry price and risk/reward ratio
My Metrics Your personal watchlist — selected rows from Full Fundamentals
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Institutional owners (13F) 1 filer · $681 total · As of June 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 0 (0 vs prior Q) | 0 (0 vs prior Q) | 1 (0 vs prior Q) | 0 (0 vs prior Q) | +4K |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| SHIKIAR ASSET MANAGEMENT INC | $681 | 33,050 | 100.00% | Shares |
Company insiders 10 insiders · 4 officers · 7 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Ara K Hovnanian | Chairman of the Board & CEO | July 15, 2026 C | 12,595 | 0 | 1 | $-1,620,046 |
| Brad G O'Connor | CFO | June 12, 2026 A | 41,305 | 0 | 0 | $0 |
| Alexander A. Hovnanian | President | June 12, 2026 A | — | 0 | 0 | $0 |
| Wyatt Michael P. | Chief Operating Officer | June 12, 2026 A | 31,880 | 0 | 0 | $0 |
| Larry J Sorsby | Director | June 25, 2026 S | 187,416 | 0 | 1 | $-147,132 |
| Miriam Hernandez-Kakol | Director | June 12, 2026 A | 5,617 | 0 | 0 | $0 |
| Robin Stone Sellers | Director | June 12, 2026 A | 18,174 | 0 | 0 | $0 |
| Vincent Pagano JR | Director | June 12, 2026 A | 25,492 | 0 | 0 | $0 |
| Robert B Coutts | Director | June 12, 2026 A | 38,418 | 0 | 0 | $0 |
| Joseph A Marengi | Director | June 12, 2026 A | 30,879 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
Activists & 5%+ owners 2 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| Sirwart Hovnanian | Feb. 13, 2017 | — | Initial filing | — | SEC |
| Ara K. Hovnanian ×2 filings | Jan. 27, 2014 | — | Initial filing | — | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
ETF ownership Held by 1 ETF
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| HYFI · AB Active ETFs, Inc. | 0.00% | 490 NS | May 31, 2026 | N-PORT |