HOV
Hovnanian Enterprises, Inc.
NYSEUSDEQUITY
Consumer Cyclical
DELAYED
Last price
131.41
▲ 13.28 (11.24%)
MARKET · —
Price
Open
118.13
Prev close
118.13
Day high
135.92
Day low
118.66
Volume
236.24K
Market cap
$770.01M
P/E (TTM)
126.36
52W range
91.52 – 162.06
Trailing performance
Returnvs SPY
1W
-1.97%
-0.6%
1M
+0.40%
-3.3%
3M
+13.81%
+10.7%
6M
+1.35%
-9.7%
YTD
+34.72%
+22.4%
1Y
-11.78%
-31.8%
3Y
+30.85%
-43.3%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Fundamentals
Market cap$770.01M
Enterprise value$1.61B
Revenue (TTM)$2.82B
Gross profit$412.45M
EBITDA$84.29M
Net income$5.48M
EPS (TTM)$1.04
Free cash flow—
Total cash$249.09M
Total debt$934.90M
Book value / share$117.85
Shares outstanding5.07M
Float4.38M
Short % of float7.42%
Dividend yield—
Beta (5Y)1.83
Valuation & profitability ratios
Trailing P/E126.36
Forward P/E10.24
PEG ratio2.00
Price / sales—
Price / book1.12
EV / revenue0.57
EV / EBITDA19.06
Gross margin14.61%
Operating margin0.81%
Profit margin0.64%
Return on equity2.10%
Return on assets1.55%
Debt / equity113.88
Current ratio4.47
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2020 | 2019 |
|---|---|---|---|---|
| Total revenue | $2.98B | $0 | $2.34B | $2.02B |
| Cost of revenue | $0 | $0 | $0 | $0 |
| Gross profit | $0 | $0 | $0 | $0 |
| R&D | — | — | — | — |
| SG&A | — | — | — | — |
| Operating income | — | — | — | — |
| Pre-tax income | — | — | — | — |
| Tax provision | $0 | $0 | $0 | $0 |
| Net income | $53.19M | $231.33M | $0 | -$42.12M |
| EBIT | $0 | $0 | $0 | $0 |
| Line item | 2025 | 2024 | 2020 | 2019 |
|---|---|---|---|---|
| Cash & equivalents | — | — | — | — |
| Short-term investments | — | — | — | — |
| Net receivables | — | — | — | — |
| Inventory | — | — | — | — |
| Total current assets | — | — | — | — |
| Total assets | — | — | — | — |
| Total current liabilities | — | — | — | — |
| Long-term debt | — | — | — | — |
| Total liabilities | — | — | — | — |
| Retained earnings | — | — | — | — |
| Shareholder equity | — | — | — | — |
| Line item | 2025 | 2024 | 2020 | 2019 |
|---|---|---|---|---|
| Net income | $53.19M | $231.33M | $0 | -$42.12M |
| Depreciation | — | — | — | — |
| Change in working capital | — | — | — | — |
| Operating cash flow | — | — | — | — |
| Capital expenditure | — | — | — | — |
| Investing cash flow | — | — | — | — |
| Dividends paid | — | — | — | — |
| Buybacks | — | — | — | — |
| Financing cash flow | — | — | — | — |
| Net change in cash | — | — | — | — |
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jul 2026 | -0.56 | -0.70 | -25.0% |
| Apr 2026 | -2.04 | -0.46 | +77.4% |
| Oct 2025 | 0.63 | -0.51 | -181.0% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | -0.35 | 1 | $784.10M | -4.1% |
| Next quarter | — | — | $616.70M | -2.4% |
| Current year | 1.26 | 1 | $2.81B | -5.8% |
| Next year | -3.45 | 1 | $2.88B | +2.7% |
Analyst targets & ownership
Mean target$74.00
High target$74.00
Low target$74.00
Implied upside-43.69%
Analyst count1
ConsensusBUY
Strong buy / Buy1 / 0
Hold0
Sell / Strong sell0 / 0
Held by insiders10.18%
Held by institutions65.63%
Institutions holding244
Price targets, consensus spread, insider and institutional ownership.
Insider net activity
Net shares
+96.71K
Net buying
Buy transactions
19
110.62K shares
Sell transactions
2
13.91K shares
Net transactions
+21
Buys less sells
Sell : buy shares
0.1 : 1
Mixed
Insider-held shares
606.36K
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Jul 15, 26 | HOVNANIAN ARA K Chief Executive Officer |
— | 12.60K | — | Direct |
| Jun 25, 26 | SORSBY J LARRY Director |
SELL | 1.03K | $147.14K | Direct |
| Jun 22, 26 | HOVNANIAN ARA K Chief Executive Officer |
SELL | 12.88K | $1.62M | Direct |
| Jun 12, 26 | PAGANO VINCENT JR Director |
STOCK | 1.08K | $0 | Direct |
| Jun 12, 26 | SELLERS ROBIN STONE Director |
STOCK | 1.08K | $0 | Direct |
| Jun 12, 26 | HERNANDEZ-KAKOL MIRIAM Director |
STOCK | 1.08K | $0 | Direct |
| Jun 12, 26 | COUTTS ROBERT B Director |
STOCK | 1.08K | $0 | Direct |
| Jun 12, 26 | MARENGI JOSEPH A Director |
STOCK | 1.23K | $0 | Direct |
| Jun 12, 26 | SORSBY J LARRY Director |
STOCK | 924 | $0 | Direct |
| Jun 11, 26 | HOVNANIAN ARA K Chief Executive Officer |
CONVERSION | 44.80K | $5.41M | Direct |
| Jun 11, 26 | O CONNOR BRAD G Chief Financial Officer |
— | 4.14K | — | Direct |
| Jun 11, 26 | HOVNANIAN ALEXANDER A. President |
CONVERSION | 8.86K | $1.07M | Direct |
| Jun 11, 26 | WYATT MICHAEL P Chief Operating Officer |
— | 4.14K | — | Direct |
| Jun 1, 26 | SORSBY J LARRY Director |
CONVERSION | 5.00K | $283.75K | Indirect |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
COUTTS ROBERT B |
Director | 38.42K | Stock Award(Grant) |
HERNANDEZ-KAKOL MIRIAM |
Director | 5.62K | Stock Award(Grant) |
HOVNANIAN ARA K |
Chief Executive Officer | 203.74K | Conversion of Exercise of derivative security |
KANGAS EDWARD A |
Director | 5.34K | Sale |
MARENGI JOSEPH A |
Director | 30.88K | Stock Award(Grant) |
O CONNOR BRAD G |
Chief Financial Officer | 41.30K | Conversion of Exercise of derivative security |
PAGANO VINCENT JR |
Director | 25.49K | Stock Award(Grant) |
SELLERS ROBIN STONE |
Director | 18.17K | Stock Award(Grant) |
SORSBY J LARRY |
Director | 195.05K | Sale |
WYATT MICHAEL P |
Chief Operating Officer | 31.88K | Conversion of Exercise of derivative security |
Moving averages & technicals
SMA 10
130.73
+0.52% from price
SMA 20
132.02
-0.47% from price
SMA 50
131.12
+0.22% from price
SMA 100
120.45
+9.10% from price
SMA 200
117.78
+11.57% from price
EMA 12
129.86
+1.19% from price
EMA 26
130.60
+0.62% from price
EMA 50
128.43
+2.32% from price
RSI (14)
50.7
Neutral
MACD (12,26,9)
-0.74
Hist -1.25
ATR (14)
8.24
6.27% of price
Realised vol 30D
58.8%
Annualised
Bollinger upper
142.28
20, 2σ
Bollinger lower
121.77
20, 2σ
50 / 200 cross
Golden
131.12 vs 117.78
Trend bias
Above 200
+11.57%
Risk profile
Beta vs SPY
1.62
More volatile than market
Correlation to SPY
0.33
Loosely linked
Realised vol 30D
58.8%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-39.6%
Peak to trough
Max drawdown 5Y
-74.6%
Peak to trough
ATR 14
8.24
6.27% of price
Beta (reported)
1.83
5Y monthly, from filing
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Options analytics
Put / call volume
—
—
Put / call open interest
—
Positioning, not flow
Max pain
—
—
ATM implied vol
—
Nearest strike to spot
Skew (10% OTM)
—
—
Call volume
0
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
—
—
Heaviest put OI
—
—
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Headlines
Hovnanian Enterprises Inc (HOVNP.PFD) (Q3 2026) Earnings Call Highlights: Margin Recovery ...
GuruFocus.com · 2d ago
Hovnanian Enterprises, Inc. Q3 2026 Earnings Call Summary
Moby · 2d ago
Hovnanian Enterprises Q3 Earnings Call Highlights
MarketBeat · 2d ago
Hovnanian Hurt by Frozen Housing Market
The Wall Street Journal · 2d ago
Hovnanian Enterprises Shares Fall After Swinging to Fiscal Q3 Net Loss as Revenue Drops
MT Newswires · 2d ago
Hovnanian: Fiscal Q3 Earnings Snapshot
Associated Press · 2d ago
Hovnanian Enterprises Reports Fiscal 2026 Third Quarter Results
GlobeNewswire · 2d ago
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Barrons.com · 6d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.