Educational research only—not investment advice or a recommendation. Scores and estimates may use delayed, incomplete, restated, or corrected market and filing data. Independently verify information before making an investment decision.

Hovnanian Enterprises, Inc.

HOVNYSE
Wall Street Score · overall investment36/100
$101.54USD$-0.46 (-0.45%)
Company website www.khov.com
Headquarters90 Matawan Road, 5th Floor, Matawan, NJ, 07747, US
Financial statement currencyUSD · no FX conversion applied
Consumer Cyclical · Residential Construction
Price updated todayFinancials updated Oct 1, 2026

HOV · Price history

Price at last available close

$101.54

−$10.65 (-9.49%) 1M

2026-10-28

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Company & revenue

About Hovnanian Enterprises, Inc.

Primary reporting period: 2025-10-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.

Who they are

Hovnanian Enterprises, Inc. is a leading company focused on the entire process of developing residential properties across the United States. This includes everything from the initial design and construction to the marketing and eventual sale of homes. Their diverse housing portfolio encompasses traditional single-family detached houses, attached townhomes and condominiums, urban infill developments, and dedicated active adult communities.

How they make money

Hovnanian Enterprises operates as a homebuilder and financial services provider. It generates revenue primarily through the design, construction, and sale of single-family homes and townhomes, while its financial services segment provides mortgage loans and title services to its homebuilding customers to facilitate the home-buying process.

Products & services

Single-family homes, attached townhomes, mortgage loan origination, and title services.

Brands & revenue mix

Hovnanian Homes

Primary brand under which the company conducts its homebuilding operations.

Separate brand revenue is not available in this research.Source

Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.

Product / operating segments

Home BuildingUSD 2.88B96.8%

Period ended 2025-10-31Source

Financial ServiceUSD 94.97M3.2%

Period ended 2025-10-31Source

Calculated from reported segment revenue. Check the source period and revenue basis before comparing shares. Categories can overlap and may not add to 100%.

Geographic revenue

No reconciled geographic revenue breakdown was confirmed for the current research period.

Customer types

Customer concentration

The company does not rely on any single customer for a significant portion of its revenue as it sells homes to individual homebuyers.

Suppliers, materials & equipment

  • Construction materials and labor subcontractors — The company relies on various third-party suppliers for building materials and subcontractors for construction labor.Source

Strengths

  • Integrated homebuilding and financial services modelSource
  • Internal market research capabilitiesSource

Risks

  • Interest rate volatilitySource
  • Dependence on availability of labor and materialsSource

Financial risk observations and what to check

These are saved observations about business performance, not predictions. Review the company filings alongside the interpretation below. Latest stored financial period end: 2026-07-31.

Quarterly EPS turned negative at -0.70 versus 1.99 a year earlier.

Separate recurring operating losses from noncash or one-time charges, and check cash flow rather than interpreting negative EPS as a cash-outflow amount.

Quarterly net income turned from a profit to a loss versus the same quarter last year.

Identify the causes in the interim report and distinguish operating cash use from accounting charges. Prior profitability is not a guarantee of recovery.

Wall Street Score

Overall investment score · Quality, value, risk and opportunity

36

Poor

PoorElite

View category scores →

Company Quality

How good is the actual business—regardless of today’s stock price?

51

Fair

Financial Strength

69

Business Quality / Moat

61

Management

29

Growth Quality

17

Risk / Durability

60

Weak Company · Expensive Stock

Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.

Opportunity

Opportunity Score · How does the current price compare with estimated value?

14

Avoid

Based on current valuation, company quality, recent trends, and available market signals.

View score details →

Model Outlook

12-month model · What does the model think happens next?

22/100

Building Historical Record

Model Score 22/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.

Probability unavailable — the model has not produced a calibrated probability yet.

Click for full breakdown →

WSS View

The quick read

The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.

At today’s price, the WSS valuation framework currently reads as less attractive based on the available valuation and market data.

The model outlook is currently cautious.

What we like
  • •Balance-sheet / debt profile scores strongly
  • •Recent buyback activity is present
What to watch
  • •Debt service risk
  • •Valuation is a weaker part of the current profile
  • •Revenue fundamentals are weak

Company-specific research

Questions worth answering for HOV

Research inputs 100% complete

These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.

  • •What is driving HOV's revenue decline, and does the latest company filing suggest the weakness is temporary or structural?
  • •Is HOV's positive free cash flow repeatable, or is the current level being helped by temporary working-capital or spending changes?
  • •Is HOV's debt load manageable relative to cash generation, interest costs and upcoming maturities?
  • •What future growth or profitability would be needed to justify HOV's current valuation?
  • •What does the current fundamental change risk warning mean for the reliability or interpretation of HOV's score?
Debt service risk
Business analysis: 16 days ago · Fresh

Essential Investment Snapshot

Wall Street Score

36

0–100 · Weak

Opportunity Score

14

0–100 · Poor

Market Cap

$520.1M

P/E Ratio

106.9

EPS

$1.04

52-Week High

$148.48

52-Week Low

$91.52

Beta

1.82

Intrinsic Value

$10.17

Shares Outstanding

6.4M

Total Revenue

$2.82B

Total Debt

$934.9M

Dividend

No current dividend

View dividend history

Liquidation Value / Share

$127.30

Estimated net asset value per share

Momentum & Volatility Signals

Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.

0–100 market signals
Momentum
38/ 100
+31 pts / 5d

Weakening momentum

5D +10.1% · 20D -8.7% · RSI 42 · Price vs 20D avg -1.9%
Volatility
64/ 100
+13 pts / 5d

Elevated movement

20D realized vol 68.9% · 60D 57.0% · Acceleration 1.21x
Momentum = Where is it going?

A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.

Volatility = How violently is it moving?

A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.

Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.

Notices for HOV

Detected from reported data — verify before acting.

Historical repurchase activity

Reported cash flows or share-count measures indicate past repurchase activity. This does not verify an active buyback authorization or future purchases.

Debt service risk

Interest coverage is low (~2.0x). Earnings may be strained to cover interest expense.

Community Sentiment

0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)

No personal call yet on HOV.

Potential upside factors

  • +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
  • +Integrated homebuilding and financial services model.
  • +Internal market research capabilities.
  • +Positive free cash flow may provide capacity to invest in growth.

Potential downside factors

  • −Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Residential Construction industry.
  • −Interest rate volatility.
  • −Dependence on availability of labor and materials.

These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.

Create a free account to make a call.

Scores

Click any score for full breakdown
Wall Street Score
Weak36/ 100
Weak (0–50)Fair (51–71)Strong (72+)

Poor

36

Tap for breakdown →

Strong

89

Debt Cost3.8%
Debt Reduction YoY8.6%
Debt / Equity1.12x

Tap for breakdown →

Poor

27

Revenue YoY-5.2%
Revenue CAGR4.0%
Net Margin0.6%

Tap for breakdown →

Fair

58

Asset Growth YoY1.1%
Liquidation/Share$127.30
Net Assets/MCap3.42x

Tap for breakdown →

Poor

35

Earnings Yield3.2%
Buyback Yield3.3%
Debt Cost3.8%

Tap for breakdown →

Poor

29

ROIC3.5%
ROE2.2%
ROA0.6%

Tap for breakdown →

Fair

61

EPS Growth-18.0%
FCF/Share Growth1014.8%
Rev/Share Growth4.5%

Tap for breakdown →

Poor

0

Intrinsic Value$10.17
Value Reference$6.10
MOS-903.1%

Tap for breakdown →

Fair

50

Revenue27
Moat61
Valuation0

Tap for breakdown →

Poor

0

MOS %-903.1%
Value Reference$6.10
Deep Discount Reference$4.07

Tap for breakdown →

Weak

43

Interest Coverage2.0x
ROIC3.5%
FCF Yield29.5%

Tap for breakdown →

Poor

29

Financial43
Valuation0
Debt89

Tap for breakdown →

Weak

48

Survival Years1.0 yrs
Current Ratio3.92x
FCF Margin5.6%

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Score Changes

4 historical score records available

Previous Score

36

Sep 28, 2026

Change

+0.1

points

Current Score

36

Oct 1, 2026

Category Changes

Revenue+0.1
Debt0
Assets0
Capital+1.0
Management0
Moat0
Valuation0
Buffett0

HOV increased 0.1 points because overall fundamentals improved.

Projected Score

Projected Score

30

Projected Change

-6.4 points

Preliminary comparable-period financial changes suggest decline of approximately 6.4 points. This is a projected estimate, not the official WallStreetScore.

Price vs. Value

Overvalued

Current Price

$101.54

Model Intrinsic Value

$10.17

Difference

+$91.37

+898.6% vs IV

Margin of Safety

-898.6%

UndervaluedFair ValueOvervalued
Value Reference: $6.10
Deep Discount Reference: $4.07

Financial Charts

Revenue

20152016201720182019202020212022202320242025$0$800M$1.6B$2.4B$3.2B

Additional Metrics

Operating Cash Flow

201520172019202120232025-$500M-$250M$0$250M$500M

Total Debt

201520172019202120232025$0$550M$1.1B$1.6B$2.2B

Total Assets

201520172019202120232025$0$700M$1.4B$2.1B$2.8B

Net Margin %

No data
Monetary values in USD. Share counts in raw units.

Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.

Line ItemTTM2025202420232022202120202019201820172016
Revenue$2.82B$2.98B$3.00B$2.76B····························
Cost of Revenue$1.92B$2.56B$2.40B$2.18B····························
Gross Profit$904.2M$420.7M$601.8M$580.1M····························
Research & Development$0.00$0.00$0.00$0.00····························
SG&A Expenses$346.4M$349.8M$342.2M$304.8M····························
Operating Expenses$313.2M$349.8M$342.2M$304.8M····························
EBITDA$80.3M$135.4M$355.6M$283.7M····························
Operating Income$591.0M$70.8M$259.6M$276.9M····························
Interest Expense$45.7M$35.4M$30.8M$54.1M····························
Income Before Tax$22.2M$86.1M$317.1M$256.0M····························
Income Tax Expense$4.8M$22.2M$75.1M$50.1M····························
Net Income$18.1M$63.9M$242.0M$205.9M····························
Basic EPS$1.04$7.95$34.40$28.76····························
Basic Shares6.41M6.45M6.48M6.23M····························
Diluted Shares6.41M6.45M7.01M6.67M····························
Upgrade to Premium for up to 10 annual periods, where available.
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Earnings Summary

Estimated earnings date:Dec 3, 2026
Estimated EPS: $2.80Estimated revenue: $826.0M
Jul 31, 2026Q3FY2026

Revenue

$705.7M

Estimate unavailable.

Revenue Beat/Miss

Not available (no estimate stored)

EPS

-$0.70

Estimate unavailable.

EPS Beat/Miss

Not available (no estimate stored)

Debt Change

-0.7%

Cash Change

+76.2%

Margin Change

-2.3 pp

Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.

Financial Changes Since Prior Period

What Improved

  • Cash position grew
  • Debt reduced

What Weakened

  • Margins contracted

Potential Score Impact

Positive indicators included cash levels, debt levels. Pressure indicators included revenue growth, EPS growth, net income margin. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.

Stored Earnings Analysis

Revenue declined 11.8%. EPS declined 135.2%. Cash increased 76.2%. Total debt declined 0.7%. Net income margin declined by 2.3 percentage points.

Earnings-Call Transcript

Earnings-call transcript analysis is not currently available.

These results may influence future scores when the next evaluation is completed.

Upgrade to Premium to unlock all earnings history.View plans
Earnings data: 90 days ago · Stale

Insider Activity

Guru / Smart Money

Guru Score

Smart Money

Number of Gurus

Total Guru Value

Avg Portfolio Weight

Largest Holder

Largest Holder %

New Positions

Increased Positions

Reduced Positions

Exited Positions

Net Guru Sentiment

Loading data...

Short Interest

Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.

Dividend History

Dividend data is not available yet. Missing data does not mean this company pays no dividend.

Conservative Projected Values

3 Years

$———.——

Premium

5 Years

$———.——

Premium

10 Years

$———.——

Premium

Conservative Projection Rate

——%

Premium

Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.

Conservative Projected Values

Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.

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Historical Outperformance Record

Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.

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Historical Trends

4 historical records
Jul 23, 26Aug 14, 26Sep 28, 26Oct 1, 260255075100

Historical Score Chart

3 of 4 records shown
3 historical score records are shown. Start your seven-day free trial to unlock 1 more record and the complete score history.Start Free Trial

Wall Street Score

Aug 14, 26Sep 28, 26Oct 1, 260255075100

Debt Score

Aug 14, 26Sep 28, 26Oct 1, 260255075100

Revenue Score

Aug 14, 26Sep 28, 26Oct 1, 260255075100

Asset Score

Aug 14, 26Sep 28, 26Oct 1, 260255075100

Capital Score

Aug 14, 26Sep 28, 26Oct 1, 260255075100

Management Score

Aug 14, 26Sep 28, 26Oct 1, 260255075100

Moat Score

Aug 14, 26Sep 28, 26Oct 1, 260255075100

Valuation Score

Aug 14, 26Sep 28, 26Oct 1, 260255075100

Buffett Score

Aug 14, 26Sep 28, 26Oct 1, 260255075100

Intrinsic Value

Aug 14, 26Sep 28, 26Oct 1, 26$0.00$20.00$40.00$60.00$80.00

Value Reference

Aug 14, 26Sep 28, 26Oct 1, 26$0.00$15.00$30.00$45.00$60.00

Margin of Safety %

Aug 14, 26Sep 28, 26Oct 1, 26-1.1%-1.0%-0.9%-0.8%-0.8%

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News

Rumor Mill · HOV

Corporate developments & opportunities

Explore market →

No reviewed developments match this filter.

Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.

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