Hovnanian Enterprises, Inc. Pfd Shs Series A

Hovnanian Enterprises, Inc. is a homebuilding company, which engages in the design, construction, and marketing of single-family attached town homes, attached townhomes and condominiums, urban infill, and lifestyle homes in planned residential developments. It operates through the following segments: Northeast, Southeast, and West. The Northeast segment consists of Delaware, Illinois, Maryland, New Jersey, Ohio, Pennsylvania, Virginia, and West Virginia. The Southeast segment focuses on Florida, Georgia, and South Carolina. The West segment includes Arizona, California, and Texas. The company was founded by Kevork S. Hovnanian in 1959 and is headquartered in Matawan, NJ.

Hovnanian Enterprises, Inc. is a homebuilding company, which engages in the design, construction, and marketing of single-family detached homes, attached townhomes and condominiums, urban infill, and active lifestyle homes in planned residential developments. It operates through the following segments: Northeast, Southeast, and West. The Northeast segment consists of Delaware, Maryland, New Jersey, Ohio, Pennsylvania, Virginia, and West Virginia. The Southeast segment focuses on Florida, Georgia, and South Carolina. The West segment includes Arizona, California, and Texas. The company was founded by Kevork S. Hovnanian in 1959 and is headquartered in Matawan, NJ.

Hovnanian Enterprises

Hovnanian Enterprises, Inc. is experiencing impressive net sales growth due to lower mortgage rates and strategic initiatives like quick-move-in homes and curated "looks" packages. The company's reduction in debt, increase in assets, and free cash flow growth are expected to boost stock demand and price. Despite risks from interest rate hikes, labor shortages, and raw material scarcity, HOV is significantly undervalued and ongoing stock repurchases may enhance its value.

Hovnanian Enterprises: Lower Mortgage Rates And Quick-Move-In Homes Imply Undervaluation

Hovnanian Enterprises, Inc. (NYSE:HOV ) Q3 2024 Results Conference Call August 22, 2024 11:00 AM ET Company Participants Jeff O'Keefe - Vice President, Investor Relations Ara Hovnanian - Chairman, President, Chief Executive Officer Brad O'Connor - Chief Financial Officer and Treasurer David Mitrisin - Vice President, Corporate Controller Conference Call Participants Alan Ratner - Zelman & Associates Jordan Hymowitz - Philadelphia Financial Management of San Francisco Alex Barron - Housing Research Center Operator Good morning, and thank you for joining us today for Hovnanian Enterprises Fiscal 2024 Third Quarter Earnings Conference Call. An archive of the webcast will be available after the completion of the call and run for 12 months.

Hovnanian Enterprises, Inc. (HOV) Q3 2024 Earnings Call Transcript

Hovnanian Enterprises, Inc. (NYSE:HOV ) Q2 2024 Earnings Conference Call May 22, 2024 11:00 AM ET Company Participants Jeffrey O'Keefe - Vice President, Investor Relations Ara Hovnanian - Chairman, President, Chief Executive Officer Brad O'Connor - Chief Financial Officer and Treasurer Conference Call Participants Natalie Kulasekere - Zelman & Associates Alex Barron - Housing Research Center Operator Good morning, and thank you for joining us today for Hovnanian Enterprises' Fiscal 2024 Second Quarter Earnings Conference Call. An archive of the webcast will be available after the completion of the call and run for 12 months.

Hovnanian Enterprises, Inc. (HOV) Q2 2024 Earnings Call Transcript

Hovnanian Enterprises is a homebuilder in the United States, offering various types of residential homes. The company ranks among the largest homebuilding companies in the U.S. with revenues of $2.76b. Here I review both the issuer and the issue. The preferred stock issued by Hovnanian Enterprises, HOVNP, has a low coverage and non-cumulative dividends, causing losses for investors. While the yield is over 10%, a CCC rating would scare most investors. Its non-cumulative feature burned investors. While high risk-takers might own, the rest should take a pass!

Hovnanian Enterprises Preferred Stock Diversity Comes With Risks

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Hovnanian Enterprises, Inc. (HOV) Q1 2024 Earnings Call Transcript

Hovnanian Enterprises, Inc. (NYSE:HOV ) Q4 2023 Earnings Conference Call December 5, 2023 11:00 AM ET Company Participants Ara Hovnanian - Chairman, President, Chief Executive Officer Brad O'Connor - Chief Financial Officer, Treasurer David Mitrisin - Vice President, Corporate Controller Jeff O'Keefe - Vice President, Investor Relations Conference Call Participants Alan Ratner - Zelman Operator Good morning, and thank you for joining us today for Hovnanian Enterprises' Fiscal 2023 Fourth Quarter Earnings Conference Call. An archive for the webcast will be available after the completion of the call and run for 12 months.

Hovnanian Enterprises, Inc. (HOV) Q4 2023 Earnings Call Transcript

Hovnanian Enterprises, Inc. (NYSE:HOV ) Q3 2023 Earnings Conference Call August 30, 2023 11:00 AM ET Company Participants Jeff O'Keefe - Vice President, Investor Relations Ara Hovnanian - Chairman, President and Chief Executive Officer Brad O'Connor - Chief Accounting Officer and Treasurer Conference Call Participants Alan Ratner - Zelman & Associates Operator Good morning, and thank you for joining us today for Hovnanian Enterprises Fiscal 2023 Third Quarter Earnings Conference Call. An archive of the webcast will be available after the completion of the call and run for 12 months.

Hovnanian Enterprises, Inc. (HOV) Q3 2023 Earnings Call Transcript

Hovnanian Enterprises, Inc. (NYSE:HOV ) Q2 2023 Earnings Conference Call May 31, 2023 11:00 AM ET Company Participants Jeff O'Keefe - Vice President, Investor Relations Ara Hovnanian - Chairman, President & Chief Executive Officer Larry Sorsby - Executive Vice President & Chief Financial Officer Brad O'Connor - Senior Vice President, Chief Accounting Officer & Treasurer Conference Call Participants Jesse Lederman - Zelman & Associates Jordan Hymowitz - Philadelphia Financial Management Alex Barron - Housing Research Center Operator Good morning and thank you for joining us today for Hovnanian Enterprises Fiscal 2023 Second Quarter Earnings Conference Call. An archive of the webcast will be available after the completion of the call and run for 12 months.

Hovnanian Enterprises, Inc. (HOV) Q2 2023 Earnings Call Transcript

Hovnanian Enterprises, Inc. (NYSE:HOV ) Q1 2023 Earnings Conference Call February 28, 2023 11:00 AM ET Company Participants Jeff O'Keefe - Vice President, Investor Relations Ara Hovnanian - Chairman, President & Chief Executive Officer Larry Sorsby - Executive Vice President & Chief Financial Officer Brad O'Connor - Senior Vice President, Chief Accounting Officer & Treasurer Conference Call Participants Alex Barron - Housing Research Center Jesse Lederman - Zelman & Associates Operator Good morning, and thank you for joining us today for Hovnanian Enterprises Fiscal 2023 First Quarter Earnings Conference Call. An archive of the webcast will be available after the completion of the call and run for 12 months.

Hovnanian Enterprises, Inc. (HOV) Q1 2023 Earnings Call Transcript

Start Time: 11:00 January 1, 0000 12:02 PM ET Hovnanian Enterprises, Inc. (NYSE:HOV ) Q4 2022 Earnings Conference Call December 08, 2022, 11:00 AM ET Company Participants Ara Hovnanian - Chairman, President and CEO Larry Sorsby - EVP and CFO Brad O'Connor - SVP, Chief Accounting Officer and Treasurer Jeff O'Keefe - VP, IR Conference Call Participants Alan Ratner - Zelman & Associates Alex Barron - Housing Research Center Operator Good morning and thank you for joining us today for Hovnanian Enterprises Fiscal 2022 Fourth Quarter Earnings Conference Call. An archive of the webcast will be available after the completion of the call and run for 12 months.

Hovnanian Enterprises, Inc. (HOV) Q4 2022 Earnings Call Transcript

Hovnanian Enterprises, Inc. (NYSE:HOV ) Q3 2022 Earnings Conference Call September 1, 2022 11:00 AM ET Company Participants Jeff O'Keefe - Vice President of Investor Relations Ara Hovnanian - Chairman, President, and Chief Executive Officer Larry Sorsby - Executive Vice President, and Chief Financial Officer Brad O'Connor - Senior Vice President, Chief Accounting Officer, and Treasurer Conference Call Participants Kwaku Abrokwah - Goldman Sachs Jesse Lederman - Zelman & Associates Operator Good morning and thank you for joining us today for Hovnanian Enterprises Fiscal 2022 Third Quarter Earnings Conference Call. An archive of the webcast will be available after the completion of the call and run for 12 months.

Hovnanian Enterprises, Inc. (HOV) Q3 2022 Earnings Call Transcript

Shares of Hovnanian Enterprises Inc. HOV, +2.37% leapt 3.2% in afternoon trading Thursday, to bounce off the previous session's 19-month closing low, after the home builder a big jump in fiscal third-quarter profit and lifted its full-year outlook, despite signs of a slowing housing market. Net income for the quarter to July 31 rose to $79.95 million, or $10.82 a share, from $47.70 million, or $6.72 a share, in the year-ago period.

Hovnanian stock rallies after big profit rise, raised outlook even as home demand continues to slow

Hovnanian Enterprises, Inc. (NYSE:HOV ) Q2 2022 Results Conference Call June 1, 2022 11:00 AM ET Company Participants Jeff O'Keefe - VP, IR Ara Hovnanian - Chairman, President and CEO Larry Sorsby - EVP and CFO Brad O'Connor - SVP, Chief Accounting Officer and Treasurer Conference Call Participants Alan Ratner - Zelman & Associates Alex Barron - Housing Research Center Kwaku Abrokwah - Goldman Sachs Operator Good morning and thank you for joining us today for Hovnanian Enterprises Fiscal 2022 Second Quarter Earnings Conference Call. An archive of the webcast will be available after the completion of the call and run for 12 months.

Hovnanian Enterprises, Inc. (HOV) CEO Ara Hovnanian on Q2 2022 Results - Earnings Call Transcript

Shares of Hovnanian Enterprises Inc. HOV, +7.18% surged 6.4% toward a fifth-straight gain in morning trading Wednesday, after the home builder reported fiscal second-quarter earnings that more than tripled, when excluding the benefit of last year's valuation allowance reduction, and gross margin that improved by more than five percentage points. Net income for the quarter to April 30 was $59.8 million, or $8.39 a share, after income of $488.7 million, or $69.65 a share, in the year-ago period.

Hovnanian stock surges toward 5th-straight gain after adjusted earnings triple, gross margin improves

Hovnanian Enterprises' (HOV) CEO Ara Hovnanian on Q1 2022 Results - Earnings Call Transcript

Hovnanian Enterprises, Inc (NYSE: HOV) reported first-quarter FY22 revenue of $565.31 million, a decline of 1.6% year-over-year, and below its Q1 outlook for total revenues of $640 million - $670 million. Homebuilding gross margin, after the cost of sales interest expense and land.

Hovnanian Enterprises Stock Slips Post Q1 Results, Reiterates Q2, FY22 Outlook

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Hovnanian Enterprises, Inc. (HOV) CEO Ara Hovnanian on Q4 2021 Results - Earnings Call Transcript

The stock price of Hovnanian Enterprises, Inc. (NYSE: HOV) increased by over 16% during intraday trading today. This is why it happened.

Hovnanian Enterprises Stock (HOV): Why The Price Jumped Today

Shares of Hovnanian Enterprises Inc. HOV, +13.55% shot up 13% toward a six-month high in morning trading Thursday, after the home builder reported fiscal fourth-quarter profit, revenue and gross margin that all rose from a year ago as home deliveries increased. Net income for the quarter to Oct. 31 rose to $52.5 million, or $7.41 a share, from $40.6 million, or $5.54 a share, in the same period a year ago.

Hovnanian stock soars toward a 6-month high after profit, revenue and gross margin rise in latest quarter

Hovnanian Enterprises, Inc. (HOV) CEO Ara Hovnanian on Q3 Fiscal 2021 Results - Earnings Call Transcript

Hovnanian Enterprises, Inc. (NYSE: HOV) reported third-quarter sales growth of 10% year-over-year to $690.68 million. Homebuilding gross margin after the cost of sales interest expense and land charges increased 560 bps to 19.2%.

Hovnanian Enterprises Shares Gain On Raised FY21 Outlook

Hovnanian Enterprises, Inc. (HOV) CEO Ara Hovnanian on Q2 2021 Results - Earnings Call Transcript

News for Hovnanian Enterprises, Inc. Pfd Shs Series A Stock (HOVNP)