Welcome to our dedicated page for Hovnanian Enterprises news (Ticker: HOV), a resource for investors and traders seeking the latest updates and insights on Hovnanian Enterprises stock.
Hovnanian Enterprises, Inc. (NYSE: HOV) is a Matawan, New Jersey-based homebuilder that regularly issues detailed updates on its operations, capital structure and guidance. As one of the nation’s largest homebuilders, with operations in states including Arizona, California, Delaware, Florida, Georgia, Maryland, New Jersey, Ohio, Pennsylvania, South Carolina, Texas, Virginia and West Virginia, the company’s news flow offers insight into trends across multiple U.S. housing markets.
On this page, readers can follow Hovnanian’s earnings announcements, where the company reports quarterly and annual results, homebuilding gross margins, contracts, community counts, backlog and non-GAAP metrics such as EBITDA, Adjusted EBITDA and Adjusted EBIT ROI. These releases often include management commentary on housing demand, incentives, land strategy, liquidity and returns on equity and inventory.
Hovnanian also issues news about its financing activities and balance sheet management. Recent items have covered the pricing and issuance of senior notes due 2031 and 2033, the redemption of higher coupon secured notes, repayment of a senior secured term loan facility and amendments to its revolving credit facility that extend maturities and set interest terms. Such announcements help investors understand how the company is managing leverage, interest expense and its maturity schedule.
In addition, Hovnanian’s news includes information about investor conference presentations, strategic initiatives and international collaborations. For example, the company has reported a strategic Memorandum of Understanding between its Middle East subsidiary and Saudi Arabia’s NHC, as well as participation in investor conferences. Bookmark this page to access a consolidated feed of HOV news, from earnings releases and guidance updates to capital markets transactions and strategic partnerships.
Hovnanian Enterprises (NYSE:HOV), a leading national homebuilder, has scheduled its third quarter fiscal 2025 earnings release for Thursday, August 21, 2025. The financial results for the quarter ended July 31, 2025, will be released in the morning.
The company will host a conference call with an accompanying slide presentation at 11:00 a.m. ET on the same day. Investors can access the webcast through HOV's Investor Relations website section. The presentation archive and call replay will remain available on the website for 12 months.
Hovnanian Enterprises (NYSE: HOV) has announced a strategic Memorandum of Understanding (MOU) between its Middle East subsidiary, K. Hovnanian M.E. Investments, and Saudi Arabia's NHC. The agreement was signed during President Trump's visit to Saudi Arabia at the Saudi-U.S. Investment Forum in Riyadh on May 13, 2025.
The partnership builds on K. Hovnanian M.E.'s existing presence in Saudi Arabia, where it has delivered over 2,450 homes through a joint venture since 2013. Hovnanian brings significant expertise, having built more than 376,000 homes in the United States over nearly 70 years. The collaboration aims to support Saudi Arabia's Vision 2030 by developing innovative housing communities across the Kingdom.
Hovnanian Enterprises (NYSE: HOV), a leading national homebuilder, has scheduled its second quarter fiscal 2025 earnings release and conference call. The company will release its financial results for the quarter ended April 30, 2025, on Tuesday, May 20, 2025, in the morning. A conference call with accompanying slide presentation will follow at 11:00 a.m. ET the same day.
The event will be accessible through a live webcast on the "Investor Relations" section of Hovnanian's website. For those unable to attend the live event, an archive of the broadcast will be available in the "Past Events" section, with the call replay remaining accessible for 12 months.
Hovnanian Enterprises (NYSE: HOV) reported strong fiscal 2025 first quarter results with notable growth across key metrics. Total revenues increased 13.4% to $673.6 million, while home sales revenues rose 12.8% to $646.9 million. The company delivered 1,254 homes, up from 1,063 in the previous year.
Income before income taxes grew 22.4% to $39.9 million, with net income reaching $28.2 million ($3.58 per diluted share). Consolidated contracts increased 6.9% to 1,205 homes ($643.3 million), and the community count rose 5.9% to 125 communities. Total controlled consolidated lots increased 28.8% year-over-year to 43,254.
However, homebuilding gross margin percentage decreased to 15.2% from 18.3% year-over-year. The company maintained strong contracts per community at 9.6, significantly above their historical first-quarter average of 8.0. For Q2 FY2025, HOV expects total revenues between $675-775 million and adjusted income before income taxes of $20-30 million.
Hovnanian Enterprises (NYSE: HOV) has scheduled its first quarter fiscal 2025 earnings release and conference call. The company will release its financial results for the quarter ended January 31, 2025, on Monday, February 24, 2025, in the morning. The earnings conference call will be held at 11:00 a.m. ET on the same day.
The conference call and accompanying slide presentation will be accessible through the company's website's Investor Relations section. For those unable to attend the live webcast, an archive will be available in the Past Events section, with the replay remaining accessible for 12 months.
Hovnanian Enterprises (NYSE: HOV) reported strong fiscal 2024 results with notable growth across key metrics. Total revenues increased 9.0% to $3.00 billion for the full year, while fourth-quarter revenues rose 10.4% to $979.6 million. The company delivered significant growth in consolidated contracts, up 44.5% in Q4, and total consolidated lots controlled increased 32% year-over-year.
Notable achievements include a 23.9% increase in full-year income before income taxes to $317.1 million and net income of $242.0 million, or $31.79 per diluted share. The company's community count grew 15% to 130 communities, and land development spending increased 46.5% to $995.4 million for the year.
K. Hovnanian Homes has received recognition from the U.S. Department of Energy (DOE) for their achievements in energy-efficient home construction across their Northeast and Phoenix Divisions. The company's Northeast Division earned special honors at the DOE's 2024 Housing Innovation Awards for Zero Energy Ready Homes (ZERH) at The Brooks at Freehold community in New Jersey, featuring EV chargers and advanced air quality controls, with average annual energy savings of $3,290 per home.
The Phoenix Division was also acknowledged with a DOE Housing Innovation Award for their Edgewood Estates community in San Tan Valley, Arizona, where all-electric homes are projected to save homeowners approximately $85,700 over a 30-year mortgage. Additionally, the Phoenix Division received the 2024 Champions of Sustainability Award from Salt River Project.
K. Hovnanian® Homes has launched a redesigned website (khov.com) on November 13, 2024, featuring enhanced user experience across all devices. The new platform showcases their LOOKS program with immersive renderings, scrolling videos, and interactive features. Key improvements include an enhanced Design & Price tool, allowing users to customize home interiors with transparent pricing, improved search functionality for locating homes across different regions, and streamlined communication with sales consultants. The website emphasizes visual content with enlarged images and high-quality videos of new-construction homes.
Hovnanian Enterprises (NYSE: HOV), a leading national homebuilder, has scheduled its fourth quarter and fiscal year 2024 earnings release for Thursday, December 5, 2024. The company will host a conference call with an accompanying slide presentation at 11:00 a.m. ET on the same day. The event will be accessible through a live webcast on the company's Investor Relations website. For those unable to attend the live event, an archive of the broadcast and a 12-month replay will be available in the Past Events section of the website.