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Hovnanian Enterprises, Inc. - HOV STOCK NEWS

Welcome to our dedicated news page for Hovnanian Enterprises (Ticker: HOV), a resource for investors and traders seeking the latest updates and insights on Hovnanian Enterprises.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Hovnanian Enterprises's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Hovnanian Enterprises's position in the market.

News
Hovnanian Enterprises Reports Fiscal 2024 First Quarter Results
Rhea-AI Summary
Hovnanian Enterprises, Inc. (HOV) reported strong fiscal first-quarter results with a 15.3% increase in total revenues to $594.2 million, 80% growth in income before income taxes, and the highest quarterly land spend in 57 quarters. The company saw significant growth in contracts per community and a decrease in contract backlog value. Management highlighted strong demand for new homes, driven by factors like low mortgage rates and a tight existing home market. Financial guidance for the second quarter of fiscal 2024 projects continued growth in revenues, gross margin, income before taxes, and EBITDA.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.3%
Tags
earnings
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News
Hovnanian Enterprises Announces First Quarter Fiscal 2024 Earnings Release and Conference Call
Rhea-AI Summary
Hovnanian Enterprises, Inc. (NYSE: HOV) will release financial results for the first quarter ended January 31, 2024, on Thursday, February 22, 2024. The company will webcast its first quarter earnings conference call at 11:00 a.m. (ET) on the same day. Participants can access the webcast event page at least five minutes before the live event. An archive of the broadcast will be available for those unable to listen to the live webcast. A replay of the call will be available via webcast on the Investor Relations section of the website for 12 months.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.83%
Tags
earnings
-
News
K. Hovnanian®️ Introduces Salerno Reserve, a New LOOKS Community in Stuart, FL
Rhea-AI Summary
K. Hovnanian Homes introduces Salerno Reserve, a new community of single-family homes in Stuart, offering a designer-curated collection of beautiful interiors. Buyers can choose between Loft, Farmhouse, Classic or Elements LOOKS, and enjoy cohesive style without the stress. The community offers 6 home designs with up to 5 bedrooms, 4 baths, and 3,208 square feet, including options for multigenerational living. Amenities include a resort-style pool, pickleball courts, walking trails, and tot lot. The community is located 14 miles from the Atlantic Coast, 8 miles from Downtown Stuart, and near commuter routes including I-95, Florida Turnpike, and Route 1.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
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News
K. Hovnanian®️ Introduces Locke Landing, a New LOOKS Community in Baltimore, MD
Rhea-AI Summary
K. Hovnanian Homes (KHOV) introduces Locke Landing, a new community of townhomes within the mixed-use development Baltimore Peninsula. The community offers designer-curated collections of beautiful interiors, providing buyers with 4 unique options to choose from. The innovative LOOKS process simplifies the design process and includes an online Design & Price tool. Situated in the heart of the Baltimore Peninsula with waterfront views, Locke Landing's 2-story condominium townhomes feature 3 bedrooms, 2.5 baths, and 1-car garages, along with easy access to transportation and various amenities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.47%
Tags
none
-
News
K. Hovnanian® Introduces The Grove at Jackson Village, a New LOOKS Community in Fredericksburg, VA
Rhea-AI Summary
K. Hovnanian Homes (KHOV) introduces The Grove at Jackson Village, an 850-unit townhome community in Fredericksburg. The community offers a designer-curated collection of beautiful interiors called 'LOOKS', with options including Loft, Farmhouse, Classic, or Elements. The innovative LOOKS process simplifies the design selection and includes an online Design & Price tool, making the process of designing a home fun and easy. The community features floorplans with up to 5 bedrooms, 4.5 baths, and 3,025 square feet, also offering options for the Extra Suite designed for multi-generational living. The location provides access to shopping, dining, major employment hubs, and commuter routes. For more information, visit khov.com/jacksonvillage or email nypress@khov.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.59%
Tags
none
-
News
K. Hovnanian® Introduces Enclave at Hillandale, a New LOOKS Community in Morris County
Rhea-AI Summary
K. Hovnanian Homes (KHOV) introduces Enclave at Hillandale, a new boutique townhome community in Mendham Township. Buyers can choose between Loft, Farmhouse, or Classic LOOKS, a designer-curated collection of beautiful interiors. The innovative LOOKS process, including the online Design & Price tool, simplifies the home design process. Enclave at Hillandale offers up to 4 bedrooms, 5.5 bathrooms, 2-car garage, and 3,372 square feet, with a basement walkout option. The community is conveniently located near Routes 206, 202, 78, and 287, and NJ Transit.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.94%
Tags
none
News
Hovnanian Enterprises Reports Fiscal 2023 Fourth Quarter and Full Year Results
Rhea-AI Summary
Hovnanian Enterprises, Inc. (NYSE: HOV) reported strong fiscal fourth-quarter results, with $121 million of pretax income, net contracts per community increasing 66% year-over-year, and a total liquidity of $564 million, the highest in more than 14 years.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.9%
Tags
earnings
-
News
Hovnanian Enterprises Announces Fiscal Year 2023 Earnings Release and Conference Call
Rhea-AI Summary
Hovnanian Enterprises, Inc. (HOV) will release financial results for Q4 and fiscal year ended October 31, 2023, on December 5, 2023. The webcast of the earnings conference call will be available on the company's website. Participants can access the webcast event page at least five minutes before the live event. An archive and replay of the call will also be available on the Investor Relations section of the website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.36%
Tags
earnings
-
News
K. Hovnanian️ Recognized with U.S. Department of Energy’s Grand Award, Housing Innovation Award for Zero Energy Ready Homes
Rhea-AI Summary
K. Hovnanian Homes' Northeast Division receives awards for energy-efficient home construction and community design.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.33%
Tags
none
News
Hovnanian Enterprises Receives Two U.S. Department Of Energy 2023 Awards For Building Energy Efficient Homes
Rhea-AI Summary
Hovnanian Enterprises receives two United States Department of Energy Housing Innovation Awards for constructing Zero Energy Ready Homes
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.8%
Tags
none
Stock HOV logo
Hovnanian Enterprises, Inc.

NYSE:HOV

HOV Rankings

#2574 Ranked by Market Cap
#281 Ranked by Stock Gains
N/A Ranked by Dividends

HOV Stock Data

888.38M
4.74M
7.84%
58.35%
2.58%
New Single-Family Housing Construction (except For-Sale Builders)
Construction
Link
US
Matawan

About HOV

for a complete listing of all our available career opportunities, please visit khov.com/careers. hovnanian enterprises, inc., founded in 1959 by kevork s. hovnanian, is headquartered in red bank, new jersey. the company is one of the nation’s largest homebuilders with operations in arizona, california, delaware, florida, georgia, illinois, maryland, new jersey, ohio, pennsylvania, south carolina, texas, virginia, washington, d.c. and west virginia. 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 lifestyle communities. the company’s homes are marketed and sold under the trade names k. hovnanian® homes, brighton homes® and parkwood builders.