Hovnanian Enterprises

HOV

Market cap $744M

Hovnanian Enterprises remains a top pick, with both common and preferred shares rated 'strong buy' for their value and stability. Despite near-term headwinds—declining home prices, rising cancellations, and margin compression - HOV's improved leverage and debt management enhance long-term prospects. HOVNP preferred shares offer a compelling 9.3% yield at current prices, providing safety and income amid economic uncertainty and limited downside risk.

MATAWAN, N.J., Sept. 11, 2025 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV) (the “Company”) announced today that its wholly owned subsidiary, K. Hovnanian Enterprises, Inc. (“K. Hovnanian”), priced an offering of $450 million aggregate principal amount of 8.000% Senior Notes due 2031 and $450 million aggregate principal amount of 8.375% Senior Notes due 2033 in a private placement (collectively, the “Notes”). The Notes will be guaranteed by the Company and substantially all of its subsidiaries. The sale of the Notes is expected to be consummated on or about September 25, 2025, subject to customary closing conditions.

MATAWAN, N.J., Sept. 10, 2025 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV) (the “Company”) announced today that its wholly owned subsidiary, K. Hovnanian Enterprises, Inc. (“K. Hovnanian”), intends to offer, subject to market conditions $450 million aggregate principal amount of Senior Notes due 2031 and $450 million aggregate principal amount of Senior Notes due 2033 in a private placement (collectively, the “Notes”). The Notes will be guaranteed by the Company and substantially all of its subsidiaries

Hovnanian Enterprises, Inc. which is still underperforming other homebuilders on a YTD basis, had been performing reasonably well over the past two months until its Q3 results came out last week. HOV missed both top line and bottom line estimates, and the magnitude of the miss on the latter was particularly concerning,. Revenue growth rebounded in Q3, but the upcoming Q4 which is expected to be their seasonally strongest quarter will likely be a damp squib.

U.S. stocks settled higher on Friday, with the Dow Jones index jumping more than 800 points during the session following speech by Federal Reserve Chair Jerome Powel at the central bank's annual Jackson Hole Symposium.

MATAWAN, N.J., Aug. 22, 2025 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, announced that senior management will present at the Midwest IDEAS Investor Conference on Wednesday, August 27, 2025 at The InterContinental in Chicago, IL. The company's presentation is scheduled to begin at 3:45 pm ET. The presentation is webcast and can be accessed through the conference host's main website: https://www.threepartadvisors.com/midwest and in the investor relations section of the company's website: http://www.khov.com.

Hovnanian Enterprises, Inc. (NYSE:HOV ) Q3 2025 Earnings Conference Call August 21, 2025 11:00 AM ET Company Participants Ara K. Hovnanian - President, CEO & Chairman of the Board Brad G.

The home builder said it used widespread incentives, particularly mortgage buydowns, to make homes affordable for buyers and said it was emphasizing “pace over price” to sell inventory.

Hovnanian (HOV) came out with quarterly earnings of $1.99 per share, missing the Zacks Consensus Estimate of $3.51 per share. This compares to earnings of $9.75 per share a year ago.

Total Revenues Increased 11% Year-Over-Year Met or Exceeded All Guidance Metrics Provided 86% of Total Lots Are Optioned, Highest Percentage Ever Second Highest TTM ROE Amongst Midsized Homebuilders