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) news hub provides investors and industry observers with centralized access to official announcements and market developments from one of America's leading residential builders. Track verified updates across all operational segments including single-family home construction, active adult communities, and strategic partnerships in key markets from Arizona to New Jersey.
This resource aggregates essential information for evaluating HOV's market position, including quarterly earnings disclosures, land acquisition updates, and leadership announcements. Users gain timely insights into operational milestones across the company's three geographic divisions and multiple product lines, from entry-level homes to luxury developments.
Discover categorized updates on financial performance metrics, joint venture expansions with institutional partners, and technological advancements in digital homebuying tools. The archive serves as a comprehensive reference for understanding Hovnanian's approach to market challenges and opportunities in the evolving U.S. housing sector.
Bookmark this page for streamlined monitoring of HOV's corporate developments, regulatory filings, and construction innovations. Combine these verified updates with broader market analysis for informed perspectives on the homebuilding industry.
Hovnanian Enterprises (NYSE: HOV), a major homebuilder, will engage in a fireside chat at Deutsche Bank's 30th Annual Leveraged Finance Conference on September 20, 2022, at 4:35 p.m. ET. The chat will be accessible via a live webcast through Hovnanian's website under the 'Investor Relations' section. Interested parties are advised to log in at least five minutes prior to the event. An archived version of the chat will also be available for those unable to attend live.
Hovnanian Enterprises, Inc. (HOV) reported an 81% year-over-year increase in pretax profit with total revenues rising 11.1% to $767.6 million for Q3 2022. Homebuilding gross margin improved significantly, increasing 390 basis points to 23.1%. However, backlog cancellation rates worsened, climbing to 8% from 6% last year, and consolidated contract dollars fell by 23%. The company raised its full-year guidance for EBITDA, gross margin, and pretax profit, signaling confidence despite market challenges.
Hovnanian Enterprises (NYSE: HOV) will disclose its financial results for the third quarter ended July 31, 2022, on September 1, 2022, at 11:00 a.m. ET. This announcement will be followed by a webcast of its earnings conference call, accessible through the company’s Investor Relations website. Hovnanian, a prominent national homebuilder, operates in numerous states and is among the largest builders of active lifestyle communities in the U.S. Further details can be found on their official site.
Hovnanian Enterprises, Inc. (HOV) reported a strong fiscal Q2 2022, showcasing a 161% year-over-year increase in pretax profit, reaching $80.9 million. Despite total revenues dipping slightly to $702.5 million, gross margins improved significantly, with a 520 basis point increase to 23.3%. Consolidated contract backlog surged by 16.1% to $2.06 billion. The company also reduced senior secured notes by $100 million, enhancing liquidity to $282.2 million. Guidance for FY 2022 remains strong, with total revenue anticipated between $2.80 billion and $3.00 billion.
Hovnanian Enterprises, Inc. (NYSE: HOV), a prominent national homebuilder, is set to release its financial results for the second quarter ending April 30, 2022, on June 1, 2022. A conference call will be held at 11:00 a.m. ET on the same day, and investors can access a live webcast on the company’s website. Hovnanian, founded in 1959, operates extensively across multiple states, specializing in active lifestyle communities through its K. Hovnanian Homes brand. Further details about the company can be found on its investor relations page.
Hovnanian Enterprises (HOV) reported a strong fiscal Q1 2022 performance, with a 81% year-over-year increase in pretax profit and net income rising 30.9% to $24.8 million, or $3.07 per diluted share. Total revenues were $565.3 million, a slight decline from $574.7 million a year earlier. The consolidated backlog increased 13.2% to $1.89 billion, and the company maintained a healthy liquidity of $271 million. Despite challenges from supply chain disruptions, Hovnanian reiterated its revenue guidance for fiscal 2022, estimating between $2.80 billion and $3.00 billion.
Hovnanian Enterprises, Inc. (NYSE: HOV) will announce its first quarter financial results for the period ending January 31, 2022, on March 1, 2022. A conference call is scheduled for 11:00 a.m. (ET) on the same day, which will be accessible via their website. Those unable to attend can access a replay of the call for one week after the event, with an archive available for 12 months. Hovnanian is recognized as one of the largest homebuilders in the U.S. with operations across several states.
Hovnanian Enterprises, Inc. (NYSE: HOV) has appointed Miriam Hernandez-Kakol to its Board of Directors, expanding the board to eight members. Hernandez-Kakol, a former Partner at KPMG LLP, brings over 20 years of strategic advisory experience and expertise in driving growth initiatives. Chairman Ara K. Hovnanian expressed enthusiasm about her contribution to the company's growth and profitability goals. Her impressive background includes leadership roles in significant consulting practices and a commitment to STEM initiatives.
Hovnanian Enterprises (HOV) reported a 243% increase in pretax profit for fiscal 2021, totaling $190 million. The fourth quarter saw a 82% rise in pretax profit, with total revenues up 19.2% to $814.3 million. The homebuilding gross margin improved by 390 basis points year-over-year, reaching 18.6% for the full year. Consolidated backlog increased 15.4% to $1.64 billion. Hovnanian's community count rose to 140, up 17% sequentially. For Q1 2022, revenue guidance is set between $640 million and $670 million.
Hovnanian Enterprises, Inc. (NYSE: HOV) is set to release its financial results for the fourth quarter and fiscal year ending October 31, 2021, on December 9, 2021. The results will be discussed in a live webcast at 11:00 a.m. ET on the same day, accessible via the company’s Investor Relations section. An archive of the webcast will be available for one year for those unable to attend live. Founded in 1959, Hovnanian is among the largest national homebuilders, operating in multiple states and marketing homes under the K. Hovnanian Homes brand.
