OverviewSuggest Edit
Founded in 1959, Hovnanian Enterprises, Inc., designs, constructs and markets a variety of for-sale housing in 219 residential communities in 16 states. Hovnanian ranks among one of the nation's largest homebuilders with operations in Arizona, California, Delaware, Florida, Georgia, Illinois, Maryland, Minnesota, New Jersey, North Carolina, Ohio, Pennsylvania, South Carolina, Texas, Virginia, Washington, D.C. and West Virginia and with total revenues of $2.1 billion on 5,507 home deliveries in fiscal 2015. Hovnanian is highly diversified by product type, selling a wide array of attached and detached home styles to buyers ranging from first-time purchasers to luxury buyers. As the developer of K. Hovnanian's® Four Seasons communities, the Company is also one of the nation's largest builders of active adult homes and has developed a specialization in urban infill locations. The Company's homes are marketed and sold under the trade names K. Hovnanian® Homes®, Brighton Homes®, and Parkwood Builders.
| Type | Public | |
| Founded | 1959 | |
| HQ | Red Bank, US | Map |
| Website | khov.com | |
| Employee Ratings | More |
Recent NewsAll News
- Hovnanian Enterprises Reports Fiscal 2019 First Quarter Results
- Hovnanian Enterprises Announces First Quarter Fiscal Year 2019 Earnings Release and Conference Call
- Hovnanian Enterprises Receives Continued Listing Standard Notice From NYSE and Announces Reverse Stock Split Proposal
- Hovnanian Enterprises Reports Fiscal 2018 Results
Hovnanian Enterprises Office Locations
Hovnanian Enterprises has an office in Red Bank
Red Bank, US (HQ)
110 W Front St
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Hovnanian Enterprises Financials and Metrics
Hovnanian Enterprises Revenue
Hovnanian Enterprises's revenue was reported to be $1.99 b in FY, 2018
| USD | |
|---|---|
Revenue (FY, 2018) | 2.0b |
Gross profit (FY, 2018) | 360.5m |
Gross profit margin (FY, 2018), % | 18.1% |
Net income (FY, 2018) | 4.5m |
Market capitalization (18-Mar-2019) | 86.1m |
Closing stock price (18-Mar-2019) | 0.6 |
Cash (31-Oct-2018) | 187.9m |
Hovnanian Enterprises's current market capitalization is $86.1 m.
Annual
Quarterly
| USD | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 364.0m | 449.9m | 551.0m | 445.7m | 468.9m | 540.6m | 575.6m | 637.8m | 700.3m | 552.0m | 585.9m | 592.0m | 417.2m | 502.5m | 456.7m |
Cost of goods sold | 299.0m | 363.4m | 440.7m | 368.4m | 398.5m | 450.0m | 492.7m | 567.2m | 613.8m | 466.5m | 497.7m | 502.5m | 342.2m | 415.0m | 374.8m |
Gross profit | 65.0m | 86.6m | 110.3m | 77.4m | 70.5m | 90.6m | 82.9m | 70.6m | 86.6m | 85.5m | 88.2m | 89.6m | 74.9m | 87.5m | 81.9m |
Gross profit Margin, % | 18% | 19% | 20% | 17% | 15% | 17% | 14% | 11% | 12% | 15% | 15% | 15% | 18% | 17% | 18% |
Annual
Quarterly
| USD | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 288.9m | 23.8m | 183.7m | 273.3m | 261.6m | 21.2m | 34.5m | 29.8m | 181.5m | 39.5m | 45.1m | 38.7m | 37.8m | 33.6m | 32.1m |
Inventories | 1.2b | 109.5m | 1.4b | 1.5b | 1.5b | 336.0m | 382.4m | 400.8m | 1.5b | 605.3m | 635.7m | 670.1m | 660.4m | 658.9m | 628.4m |
PP&E | 46.0m | 47.0m | 46.4m | 45.8m | 46.0m | 45.7m | 48.4m | 50.0m | 53.0m | 52.4m | |||||
Total Assets | 1.8b | 139.0m | 1.9b | 2.5b | 2.5b | 366.5m | 433.8m | 450.1m | 1.9b | 674.1m | 709.6m | 738.6m | 732.7m | 722.2m | 694.3m |
Annual
Quarterly
| USD | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | (24.5m) | (32.4m) | 17.1m | (14.4m) | (19.6m) | (41.6m) | (16.2m) | (24.6m) | (474.0k) | (143.0k) | (6.8m) | (344.0m) | |||
Depreciation and Amortization | 1.7m | 2.6m | 865.0k | 1.7m | 1.0m | 2.1m | 3.2m | 790.0k | 1.5m | 2.3m | |||||
Inventories | (218.1m) | (275.8m) | (19.1m) | (52.9m) | (13.5m) | 68.7m | 84.9m | (31.1m) | (20.3m) | (89.4m) | |||||
Accounts Payable | 315.8m | 337.1m | 342.8m | 354.1m | 348.4m | 360.9m | 380.8m | 319.7m | 312.0m |
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Hovnanian Enterprises Online and Social Media Presence
7.9k Twitter followers
Hovnanian Enterprises has 7.9k Twitter Followers. The number of followers has increased 0.2% month over month and increased 0.4% quarter over quarter
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Twitter Engagement Stats for @khov
7.3k
Tweets
227
Following
7.9k
Followers
5
Tweets last 30 days
0
Avg. likes per Tweet
100%
Tweets with engagement
Hovnanian Enterprises News and Updates
March 07, 2019
Hovnanian Enterprises Reports Fiscal 2019 First Quarter Results
11% Sequential Increase in Consolidated Community CountConsolidated Lots Controlled Grew 11% Year-over-YearFebruary Net Contracts Rebound to Above Last Year’s Strong Levels
February 21, 2019
Hovnanian Enterprises Announces First Quarter Fiscal Year 2019 Earnings Release and Conference Call
MATAWAN, N.J., Feb. 21, 2019 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, will release financial results for the first quarter ended January 31, 2019 the morning of Thursday, March 7, 2019. The Company will webcast its first quarter earnings conferen…
January 11, 2019
Hovnanian Enterprises Receives Continued Listing Standard Notice From NYSE and Announces Reverse Stock Split Proposal
MATAWAN, N.J., Jan. 11, 2019 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV) (“Hovnanian” or the “Company”), a leading national homebuilder, announced today that it will be requesting shareholder approval at its annual meeting on March 19, 2019 for amendments to its restated certificat…
December 06, 2018
Hovnanian Enterprises Reports Fiscal 2018 Results
Reported Fourth Quarter Net Income of $46 Million
Exceeded or Met Guidance
Consolidated Lots Controlled Grew 20% Year-over-Year
November 26, 2018
Hovnanian Enterprises Announces Fiscal Year 2018 Earnings Release and Conference Call
MATAWAN, N.J., Nov. 26, 2018 (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, 2018 the morning of Thursday, December 6, 2018. The Company will webcast its fourth quar…
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Hovnanian Enterprises Frequently Asked Questions
When was Hovnanian Enterprises founded?
Hovnanian Enterprises was founded in 1959.
How many employees does Hovnanian Enterprises have?
Hovnanian Enterprises has 1,851 employees.
What is Hovnanian Enterprises revenue?
Latest Hovnanian Enterprises annual revenue is $2 b.
What is Hovnanian Enterprises revenue per employee?
Latest Hovnanian Enterprises revenue per employee is $1.1 m.
Who are Hovnanian Enterprises competitors?
Competitors of Hovnanian Enterprises include Fannie Mae, China Vanke and Lennar.
Where is Hovnanian Enterprises headquarters?
Hovnanian Enterprises headquarters is located at 110 W Front St, Red Bank.
Where are Hovnanian Enterprises offices?
Hovnanian Enterprises has an office in Red Bank.
How many offices does Hovnanian Enterprises have?
Hovnanian Enterprises has 1 office.