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 total 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.
•Equity of $824.9 million; long-term debt of $901.9 million.
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 home types, including single-family detached homes, attached townhomes, condominiums, urban infill properties, and active lifestyle homes. These homes often come with amenities such as clubhouses, swimming pools, tennis courts, tot lots, and open areas. Hovnanian caters to 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 support homebuyers. Founded in 1959, Hovnanian Enterprises is headquartered in Matawan, New Jersey.
Where is Hovnanian Enterprises (HOVVB) listed and in what currency?
Hovnanian Enterprises, Inc. is traded on the OTC Markets OTCPK exchange under the ticker symbol HOVVB. The company's financials are reported in US Dollars (USD). As an over-the-counter listing, HOVVB shares are traded through a dealer network rather than a centralized exchange, which may involve different liquidity and trading characteristics compared to major exchange listings. Investors should be aware that OTC markets often have less regulatory oversight and may carry higher risks. The company's primary listing is on the OTC Markets, making it accessible to investors who trade through brokerages that support OTC securities.
What sector and industry does Hovnanian Enterprises (HOVVB) operate in?
Hovnanian Enterprises, Inc. operates in the Consumer Cyclical sector, specifically within the Residential Construction industry. This means the company's performance is closely tied to the health of the economy and consumer confidence, as home buying tends to increase during economic expansions and decline during recessions. As a residential construction company, Hovnanian is involved in building and selling new homes, which includes land acquisition, development, home construction, and marketing. The industry is highly competitive and influenced by factors such as interest rates, housing demand, construction costs, and regulatory environment. Hovnanian's focus on various home types and buyer segments helps it navigate market cycles.
Where is Hovnanian Enterprises (HOVVB) headquartered and what markets does it serve?
Hovnanian Enterprises, Inc. is headquartered in Matawan, New Jersey, United States. The company serves the U.S. residential housing market, operating across multiple states. While the provided data does not specify exact states, Hovnanian's homes are designed for a range of buyers, including first-time, move-up, luxury, active lifestyle, and empty nesters. The company's projects include single-family homes, townhomes, condominiums, and urban infill developments, often featuring community amenities. By focusing on diverse home types and price points, Hovnanian aims to appeal to a broad customer base throughout the United States. The company was founded in 1959 and has since established a presence in various regions.
How does Hovnanian Enterprises (HOVVB) make money?
Hovnanian Enterprises generates revenue primarily through the design, construction, marketing, and sale of residential homes. The company builds and sells single-family detached homes, attached townhomes, condominiums, urban infill properties, and active lifestyle homes. Each sale contributes to the top line, with profitability depending on construction costs, land acquisition expenses, and selling prices. Additionally, Hovnanian offers mortgage loans and title services to homebuyers, which provide ancillary income. By catering to various buyer segments—from first-time buyers to luxury and empty nesters—the company diversifies its revenue streams. The business model is cyclical, influenced by economic conditions, interest rates, and housing market trends. Hovnanian's long history since 1959 reflects its ability to adapt to changing market dynamics.