In Q2 FY2026 (ended April 30, 2026), Hovnanian Enterprises reported revenue of $667.6 million, a 2.7% decline year-over-year. Net income swung to a loss of $284,000 from a profit of $19.7 million in the prior-year quarter, and diluted EPS was -$0.46, down 118.9% YoY. The company had equity of $824.9 million and long-term debt of $901.9 million as of quarter end.
•Revenue fell 2.7% YoY to $667.6M.
•Net loss of $284K vs. net income of $19.7M a year ago.
•Diluted EPS of -$0.46, down 118.9% YoY.
•Equity of $824.9M and long-term debt of $901.9M.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Hovnanian Enterprises, Inc., through its subsidiaries designs, constructs, markets, and sells residential homes in the United States. It offers single-family detached homes, attached townhomes and condominiums, urban infill, and active lifestyle homes with amenities, such as clubhouses, swimming pools, tennis courts, tot lots, and open areas.
The company markets and builds homes for first-time buyers, move-up buyers, luxury buyers, active lifestyle buyers, and empty nesters, as well as mortgage loans and title services. Founded in 1959, Hovnanian Enterprises is based in Matawan, New Jersey.
Hovnanian Enterprises, Inc., through its subsidiaries, designs, constructs, markets, and sells residential homes across the United States. The company offers a diverse range of housing options including single-family detached homes, attached townhomes and condominiums, urban infill properties, and active lifestyle homes. These homes are often equipped with amenities such as clubhouses, swimming pools, tennis courts, tot lots, and open areas. Hovnanian targets various buyer segments including first-time buyers, move-up buyers, luxury buyers, active lifestyle buyers, and empty nesters. Additionally, the company provides mortgage loans and title services to facilitate home purchases. Founded in 1959, Hovnanian Enterprises is headquartered in Matawan, New Jersey.
On which stock exchange is Hovnanian Enterprises (HOV) listed and what currency is used?
Hovnanian Enterprises, Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol HOV. The company's financials are reported in US Dollars (USD), which is the official currency of the United States where the company is headquartered and operates. As a US-based homebuilder, all transactions, including home sales, mortgage lending, and title services, are conducted in USD. Investors trading HOV shares on the NYSE will also transact in US Dollars.
What sector and industry does Hovnanian Enterprises (HOV) belong to?
Hovnanian Enterprises operates in the Consumer Cyclical sector, specifically within the Residential Construction industry. This means the company's performance is closely tied to the economic cycle; demand for new homes tends to rise when the economy is strong and consumer confidence is high, and may decline during economic downturns. As a residential construction company, Hovnanian focuses on building and selling homes to individual buyers, making it a key player in the housing market. The industry is influenced by factors such as interest rates, housing supply, and demographic trends.
Where is Hovnanian Enterprises (HOV) headquartered and what markets does it serve?
Hovnanian Enterprises is headquartered in Matawan, New Jersey, United States. The company designs, constructs, markets, and sells residential homes throughout the United States. While the provided data does not specify particular states or regions, the company's nationwide presence allows it to serve a broad range of homebuyers across different markets. Hovnanian caters to various buyer segments including first-time buyers, move-up buyers, luxury buyers, active lifestyle buyers, and empty nesters, offering homes with amenities like clubhouses, swimming pools, and tennis courts. Founded in 1959, the company has a long history in the US homebuilding industry.
How does Hovnanian Enterprises (HOV) generate revenue?
Hovnanian Enterprises generates revenue primarily through the design, construction, marketing, and sale of residential homes across the United States. The company offers a variety of home types including single-family detached homes, attached townhomes and condominiums, urban infill properties, and active lifestyle homes. In addition to home sales, Hovnanian provides mortgage loans and title services to homebuyers, which are additional revenue streams. The company targets multiple buyer segments such as first-time, move-up, luxury, active lifestyle, and empty nesters, and often includes amenities like clubhouses, swimming pools, and tennis courts to attract buyers. This diversified approach helps the company capture demand across different market conditions.