Welcome to our dedicated page for Hovnanian Enterprises SEC filings (Ticker: HOVVB), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The HOVNANIAN ENTRPRS B NEW (HOVVB) SEC filings page on Stock Titan provides access to regulatory documents filed by Hovnanian Enterprises, Inc. with the U.S. Securities and Exchange Commission. These filings include Form 8-K current reports that describe material events such as earnings announcements, use of non-GAAP financial measures, and corporate governance or executive compensation actions.
In its Form 8-K earnings disclosure, Hovnanian Enterprises, Inc. explains non-GAAP measures like EBIT, EBITDA, Adjusted EBITDA, Adjusted EBIT, homebuilding gross margin before cost of sales interest expense and land charges, adjusted income before income taxes, Adjusted Investment, and Adjusted EBIT ROI. The company notes that these measures are presented alongside the most directly comparable GAAP metrics, such as net income (loss), homebuilding gross margin, and total inventories, and that reconciliations are provided in the earnings press release attached as an exhibit.
Another Form 8-K filed under Item 5.02 details Board and Compensation Committee decisions regarding executive appointments and compensation, including base salary levels and target multiples of base salary for awards under the Long-Term Incentive Program. This type of filing helps investors understand changes in key management roles and related compensation structures.
On Stock Titan, users can review these filings in one place and rely on AI-powered summaries to highlight the main points of each document. The platform surfaces items such as earnings-related 8-Ks, explanations of non-GAAP metrics, and disclosures about executive compensation, helping readers quickly identify sections that matter most for understanding the company associated with HOVVB and its regulatory reporting history.
Hovnanian Enterprises reported softer first-quarter results as higher mortgage rates pressured affordability and margins. Total revenues were $631.9 million, down from $673.6 million, as homebuilding revenue fell to $575.8 million on a 12.4% drop in deliveries to 1,099 homes. The average selling price rose 1.6% to $523,894, reflecting mix rather than broad pricing power.
Homebuilding gross margin shrank to 10.1% from 15.2%, or 13.4% from 18.3% before interest and land charges, due mainly to heavier incentives and mortgage rate buydowns used to sustain sales pace. Net income declined to $20.9 million from $28.2 million, and diluted EPS fell to $2.62 from $3.58.
Results included a $26.8 million gain from consolidating joint ventures, partly offsetting operating pressure. The company ended the quarter with $339.9 million of homebuilding cash and total liquidity of $471.4 million, after spending $180.7 million on domestic land and development and repurchasing $9.0 million of stock. Domestic net contracts grew 3.1%, though backlog fell to 1,335 homes worth $782.7 million as faster conversion of quick move-in homes reduced the pipeline.
Hovnanian Enterprises reported softer year-over-year results but met or exceeded all guidance metrics for its fiscal first quarter ended January 31, 2026. Total revenues were $631.9 million versus $673.6 million a year ago, while homebuilding gross margin fell to 10.1% from 15.2%.
Net income was $20.9 million, or $2.62 per diluted share, compared with $28.2 million, or $3.58 per diluted share, in the prior-year quarter. Adjusted EBITDA was $63.1 million, above the high end of guidance but below $72.1 million last year.
Consolidated domestic contracts rose 3.1% to 1,242 homes, though total contracts including unconsolidated joint ventures declined 2.5%. Contract backlog dollars, including joint ventures, decreased about 16% to $1.02 billion, while total liquidity was strong at $471.4 million, well above the company’s $170–$245 million target range.
For the second quarter of fiscal 2026, the company expects revenues between $625 million and $725 million, adjusted homebuilding gross margin of 13.0%–14.0%, adjusted income before income taxes between breakeven and $10 million, and adjusted EBITDA of $30 million–$40 million.
Hovnanian Enterprises is asking shareholders to vote at its 2026 annual meeting on director elections, auditor ratification, an amended stock incentive plan and an advisory say-on-pay resolution.
The meeting is on March 31, 2026, in Miami. Only holders of record on January 30, 2026 may vote. The company has 5,153,325 Class A shares (one vote each) and 784,718 Class B shares (ten votes each if ownership criteria are certified). Directors and executive officers as a group hold 10.69% of Class A and 94.04% of Class B, effectively assuring approval of board-backed proposals.
The key compensation item is the Fourth Amended and Restated 2020 Stock Incentive Plan, which would set a total share reserve of 1,815,000 shares, with up to 358,735 available for future grants, a net increase of 100,000 shares over the current remaining reserve. The company cites a three-year average equity burn rate of 5.3% and estimates incremental dilution of about 1.5% if the additional shares become fully dilutive against 5,938,043 total shares outstanding.
BlackRock, Inc. reports beneficial ownership of 399,397 shares of HOVNANIAN ENTERPRISES INC Class A stock, representing 7.7% of the class. BlackRock has sole voting power over 391,924 of these shares and sole dispositive power over 399,397 shares, with no shared voting or dispositive power.
The filing notes that these holdings are attributed to certain BlackRock business units, and do not include securities beneficially owned by other disaggregated units. Various underlying persons have rights to dividends or sale proceeds from these shares, but no single underlying holder has more than five percent of Hovnanian’s outstanding common shares. BlackRock certifies the holdings are in the ordinary course of business and not for the purpose of changing or influencing control of Hovnanian.
Hovnanian Enterprises, Inc. reports its fiscal 2025 performance and strategy in its annual report. The homebuilder and related financial services provider delivered 5,496 homes with consolidated housing revenues of $2.85 billion, plus $621.8 million of housing revenues from unconsolidated joint ventures. It ended the year with 140 active selling communities, up from 130 a year earlier, and a backlog of 1,517 homes totaling about $0.9 billion, excluding 723 additional homes under contract in a Saudi Arabia joint venture. Management highlights a focus on quick-move-in homes, build-for-rent agreements, and disciplined land options, while managing capital through debt exchanges, a $900 million senior note issuance used to refinance secured debt and a term loan, and ongoing repurchases of senior notes and Class A common stock.
Hovnanian Enterprises, Inc. disclosed that one of its directors acquired 9,163 shares of Class A common stock on December 16, 2025 at a stated price of $0.0000 per share, reported as an acquisition transaction under a long-term incentive plan award.
The filing shows the director beneficially owning 177,269 Class A shares directly after the transaction, plus 6,845 shares held indirectly through a GRAT, 3,200 shares held by a spouse, and 4,056 shares held by the spouse's GRAT. The transaction date reflects when financial performance criteria for the previously granted long-term incentive plan award were determined satisfied, and the award vested on October 31, 2025, with the shares scheduled to be delivered two years after that vesting date.
Hovnanian Enterprises reported that its Chief Operating Officer acquired 12,040 shares of Class A common stock on 12/16/2025 at a price of $0.0000 per share in connection with a previously granted long-term incentive plan award.
The financial performance criteria for this LTIP award were determined to have been satisfied on that date, after the award vested on October 31, 2025, and the shares are scheduled to be delivered two years after the vesting date. Following this transaction, the officer directly beneficially owned 29,752 Class A shares.
Hovnanian Enterprises' CFO acquired additional company stock through an incentive award. On 12/16/2025, the CFO acquired 13,180 shares of Class A common stock at $0.0000 per share as part of a previously granted long-term incentive plan.
After this award, the CFO beneficially owns 37,298 shares of Class A common stock, held directly. The transaction date reflects when the financial performance criteria for the long-term incentive plan were determined to be satisfied, and the award vested on October 31, 2025, with the shares scheduled to be delivered two years after the vesting date.
An officer and president of Hovnanian Enterprises reported an equity award in a Form 4 filing. On December 16, 2025, the reporting person acquired 13,020 shares of Class B Common Stock, which is immediately convertible into an equal number of shares of Class A Common Stock, at a conversion price of $0.0000 under a previously granted long-term incentive plan (LTIP) award.
The transaction date reflects when the LTIP financial performance criteria were determined to have been satisfied. The LTIP award vested on October 31, 2025, and the shares are to be delivered two years after that vesting date. Following the transaction, the reporting person beneficially owns 34,216 derivative securities directly and 82,404 derivative securities indirectly through Hovnanian Family 2021 trusts.
Hovnanian Enterprises CEO Ara K. Hovnanian, who is a director, chairman of the board, and 10% owner of Hovnanian Enterprises Inc. (HOV), reported an equity incentive transaction involving the company’s stock. On 12/16/2025, financial performance criteria for a previously granted long‑term incentive plan (LTIP) award were determined to have been satisfied.
The LTIP award relates to 53,908 shares of Class A Common Stock, with a conversion or exercise price of $0.0000, and vested on 10/31/2025, with shares to be delivered two years after that vesting date. The report shows 332,722 derivative securities beneficially owned directly following this transaction, and extensive additional indirect holdings of Class A Common Stock through family trusts and a partnership, many of which the reporting person expressly disclaims beneficial ownership beyond any potential pecuniary interest.