For Q2 FY2026 ended April 30, 2026, Hovnanian Enterprises reported revenue of $667.6 million, down 2.7% year-over-year. Net income was a loss of $0.3 million, compared to a profit in the prior year, and diluted EPS was -$0.46. The company had equity of $824.9 million and long-term debt of $901.9 million.
•Revenue decreased 2.7% YoY to $667.6 million.
•Net loss of $0.3 million vs. net income in prior year.
•Diluted EPS of -$0.46, down 118.9% YoY.
•Long-term debt of $901.9 million exceeds equity of $824.9 million.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
What is Hovnanian Enterprises, Inc. PFD DEP1/1000A (HOVNP)?
Hovnanian Enterprises, Inc. PFD DEP1/1000A (ticker: HOVNP) is a preferred stock issue of Hovnanian Enterprises, Inc., a homebuilding company. Each share represents a 1/1000th interest in a share of the company's Series A preferred stock. This security trades on the Nasdaq Global Market under the symbol HOVNP and is denominated in US dollars. As a preferred stock, it typically pays fixed dividends and has priority over common stock in dividend payments and liquidation, but does not usually carry voting rights.
Where is HOVNP listed and in what currency does it trade?
HOVNP is listed on the Nasdaq Global Market (NasdaqGM), which is a US-based stock exchange. The security trades in US dollars (USD). This means that investors buying or selling HOVNP will transact in USD, and any dividends paid are also expected to be in USD. The listing on NasdaqGM provides liquidity and visibility to investors in the United States and globally.
What sector and industry does Hovnanian Enterprises operate in?
Based on the available data, the sector and industry for Hovnanian Enterprises, Inc. are not specified. However, as a homebuilding company, it is generally considered part of the consumer cyclical sector and the residential construction industry. The company is known for constructing and selling single-family homes, townhomes, and condominiums in various markets across the United States.
What is the business model of Hovnanian Enterprises?
Hovnanian Enterprises, Inc. is a homebuilding company that designs, constructs, and sells residential homes. The company generates revenue primarily through the sale of newly built homes. It operates in multiple states across the US, offering a range of home types from entry-level to luxury. The preferred stock HOVNP represents a fractional interest in the company's Series A preferred shares, which provide a fixed dividend stream to investors. The company's financial performance is tied to the housing market cycle, interest rates, and economic conditions.