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Companies / Consumer Discretionary / Hovnanian Enterprises, Inc.
HOV

Hovnanian Enterprises, Inc.

Ticker HOVMATAWAN, NJFiscal year ends OctoberBook value per share $119.69Diluted shares 6.8M

Hovnanian Enterprises, Inc. (NASDAQ: HOV) is one of the nation's largest residential homebuilders, operating through subsidiaries that design, construct, market, and sell single-family detached homes, attached townhomes, condominiums, urban infill, and active lifestyle homes in planned residential developments.… From the company’s description.

Fiscal year 2025 · ends 10-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-07-31
Sales & profitability
$2.98B
−0.9% year over year
Last 12 mo $2.82B
0.00%
$63.87M
−73.6% year over year
Last 12 mo $17.38M
7.69%
−22.6 percentage points
Last 12 mo 2.21%
Cash & financing
$188.28M
+696.4% year over year
Last 12 mo $218.83M
$166.18M
+2774.6% year over year
Last 12 mo $197.78M
1.12
Was 1.23× a year earlier
Last 12 mo 1.14
6.9M
−1.6% year over year
Last 12 mo 6.8M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Hovnanian Enterprises, Inc. does

In the company’s own words

Hovnanian Enterprises, Inc. (NASDAQ: HOV) is one of the nation's largest residential homebuilders, operating through subsidiaries that design, construct, market, and sell single-family detached homes, attached townhomes, condominiums, urban infill, and active lifestyle homes in planned residential developments. Founded in 1959 by Kevork Hovnanian and incorporated in New Jersey in 1967, the company has delivered in excess of 382,000 homes since its inception, including 6,431 homes in fiscal 2025. The company maintains its corporate offices at www.khov.com.

Hovnanian operates through two primary business segments: homebuilding and financial services. The homebuilding operations are organized into three reportable geographic segments: Northeast, Southeast, and West. In fiscal 2025, the Northeast segment generated $1.15 billion in housing revenues from 1,968 homes delivered at an average sales price of $582,696. The Southeast segment contributed $349 million from 704 homes at an average price of $496,375, while the West segment produced $1.36 billion from 2,824 homes at an average price of $480,423. The company currently offers homes for sale in 140 communities across 27 markets in 13 states, with base prices ranging from $182,000 to $1,191,000.

The financial services segment provides mortgage loans and title services to homebuyers, with 80 percent of noncash home buyers obtaining mortgages from the company's mortgage banking subsidiary in fiscal 2025. The company employs 1,891 full-time associates as of October 31, 2025, with 1,194 in homebuilding operations, 186 in financial services, and 511 in corporate operations.

Hovnanian's business strategy emphasizes disciplined land acquisition through options to minimize financial exposure, focus on quick-move-in homes to reduce customer uncertainty amid interest rate volatility, and achieving high returns on invested capital. The company also pursues homebuilding and land development joint ventures to control lot positions, expand market opportunities, and reduce risk. The company targets first-time buyers, move-up buyers, luxury buyers, active lifestyle buyers, and empty nesters across diverse market segments.

Company details
Sector
Consumer Discretionary
Industry (SIC)
Construction
Headquarters
MATAWAN, NJ
Fiscal year end
October
CIK
357294
SIC
1531

Financial performance, year by year

Fiscal 2013–2025 · USD
$-665.90M$335.23M$1.34B$2.34B$3.34B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Hovnanian Enterprises, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

190
funds hold it
0 of 35
superinvestors hold it
$182.06M
held by funds, at market
27.7%
of shares held by funds

Largest fund holders · Hovnanian Enterprises, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.02%of fund net assets
Avantis U.S. Small Cap Value ETF
AVUV · American Century ETF Trust
0.05%of fund net assets
0.65%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.01%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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