Hovnanian Enterprises, Inc. (HOV) Stock Price & Analysis
Hovnanian Enterprises, Inc. (HOV) closed at USD 101.29 on Thursday, October 22, 2026, up 9.86% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 92.2; the Oct 22, 2026 session ranged USD 91.75–101.65 on volume of 192,991 shares. Market capitalization is $603.68M, with a 52-week range of USD 90.17–148.48 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 08:37 UTC.
Also available as compact Markdown for AI agents: nexqual.com/HOV.md
Key facts (HOV)
- Last four reported quarters (through Jul 31, 2026): revenue $2.82B, net income $18.1M (0.6% margin), free cash flow $198M (SEC filings).
- Valuation: P/E 33.3x (avg 6.8x at the last 3 fiscal year-ends).
- Insider open-market sales, last ~7 months: 2 Form 4 filings, $1.8M; 2 not under a Rule 10b5-1 plan ($1.8M); 1 by opportunistic insiders (1 outside 10b5-1 plans), 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Strong Sell (mean 5.00 on a 1–5 scale) (1 analysts), mean target USD 74 (range 74–74).
- Total return with dividends: 1Y -23.5% vs S&P 500 +14.9%; 5Y +13.7% vs S&P 500 +80.3%.
- Next earnings: 2026-08-20, EPS estimate USD 2.8, revenue estimate $826M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (HOV)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $2.78B | $2.92B | $2.76B | $3.00B | $2.98B | $2.82B |
| Net income | $608M | $225M | $206M | $242M | $63.9M | $18.1M |
| EPS (diluted) | $85.86 | $29.00 | $26.88 | $31.79 | $7.43 | — |
| Free cash flow | $204M | $76.9M | $416M | $5.8M | $166M | $198M |
| Net margin | 21.8% | 7.7% | 7.5% | 8.1% | 2.1% | 0.6% |
| Revenue growth | +18.7% | +5.0% | -5.7% | +9.0% | -0.9% | — |
| Total debt | $1.25B | $1.15B | $1.05B | $896M | $901M | — |
Fiscal years end Oct. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jul 31, 2026) (HOV)
P/E 33.3x · P/S 0.2x · P/FCF 3.1x · P/B 0.7x · FCF yield 32.76% · Earnings yield 3.00% · Buyback yield (TTM) 3.05%
P/E at fiscal year-ends: Oct 2025 13.0x, Oct 2024 5.1x, Oct 2023 2.2x.
Insider sales (SEC Form 4, open-market, last ~7 months) (HOV)
0 of 2 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-06-25 | Sorsby J Larry | Director | 1,032 | $147K | 0.5% | No | Too little history (no open-market trades in 2025) |
| 2026-06-22 | Hovnanian Ara K | Chairman of the Board & CEO | 12,880 | $1.6M | 6.3% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (HOV)
Consensus Strong Sell (mean 5.00 on a 1–5 scale), 1 analysts; mean target USD 74 (low 74, high 74).
Total return (dividends reinvested) (HOV)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | -23.5% | +13.7% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -23.6% | +2.6% |
| Volatility (annualized) | 63.8% | 69.0% |
| Max drawdown | -38.5% (Jun 2026→Oct 2026) | -73.7% (Dec 2021→Oct 2022) |
HOV revenue by product line (quarter ended Jul 31, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Home Building | $682.1M | 96.9% | -11.7% |
| Financial Service | $23.7M | 3.4% | -17.1% |
| Management Fees | $6.2M | 0.9% | -7.5% |
| Total revenue | $703.6M | 100% | — |
HOV revenue by region (quarter ended Jul 31, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| West | $354.0M | 50.3% | -6.2% |
| Northeast | $232.6M | 33.1% | -19.6% |
| Southeast | $93.3M | 13.3% | -10.9% |
| Total revenue | $703.6M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
Companies that name HOV in their SEC reports
| Relationship to HOV | Company | Filing | Sentence |
|---|---|---|---|
| partner | Millrose Properties, Inc. (MRP) | 10-K Mar 2, 2026 | “Kennedy Lewis's in-house land banking servicer includes professionals with deep industry experience working at national homebuilders, including Lennar, Hovnanian Enterprises, Inc., Beazer Homes USA Inc., Toll Brothers, Inc., and Woodbridge Builders Corp., as well as land banking platforms at DW Partners, LP and Blackstone Credit, the credit investment arm of The Blackstone Group.” |
HOV company outlook (results filed Aug 20, 2026)
- “Guidance on Nearly All Metrics Provided Gross Margins Improved Sequentially for Second Quarter in a Row The Dollar Value of Consolidated Domestic Backlog Increased 5% Year Over Year MATAWAN, NJ, August 20, 2026 – Hovnanian Enterprises, Inc.”
- “RESULTS FOR THE THREE-MONTH AND NINE-MONTH PERIODS ENDED JULY 31, 2026: Total revenues were $705.7 million in the third quarter of fiscal 2026, which was within the guidance range we provided, compared with $800.6 million in the same quarter of the prior year.”
Quoted word-for-word from the SEC 8-K results press release.
HOV analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Oct 2026) | $2.80 | $-0.35 | -900.0% | $826.0M | 1 |
| Next quarter (ends Jan 2027) | — | — | — | $604.2M | — |
| Current fiscal year (ends Oct 2026) | $3.99 | $1.26 | +216.7% | $2.83B | 1 |
| Next fiscal year (ends Oct 2027) | $2.15 | $-3.45 | -162.3% | $2.96B | 1 |
Key Statistics (as of October 23, 2026 at 08:37 UTC)
| Price | USD 101.29 |
|---|---|
| Change | ▲ 9.86% (up) |
| Previous Close | USD 92.2 |
| Open | USD 91.71 |
| Day Range | USD 91.75 – 101.65 |
| 52-Week Range | USD 90.17 – 148.48 |
| Volume | 192,991 shares |
| Market Cap | $603.68M |
| Exchange | NYQ |
Technical Analysis (HOV)
Nexqual's technical model rates HOV "STRONG SELL" based on 0 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 08:37 UTC.
| Overall Signal | STRONG SELL |
|---|---|
| RSI (14) | 43.72 (neutral) |
| vs SMA50 | Below (USD 115.46) |
| MACD | -5.98 (negative) |
Analyst Ratings (HOV)
Wall Street analysts rate HOV "Strong Sell" based on 1 analysts, with a mean price target of USD 74 (range USD 74–74), per Nexqual as of October 23, 2026 at 08:37 UTC.
| Consensus Rating | Strong Sell |
|---|---|
| Analyst Count | 1 |
| Mean Target | USD 74 |
| High Target | USD 74 |
| Low Target | USD 74 |
| Buy / Hold / Sell | 0 / 0 / 1 |
Earnings (HOV)
| Next Earnings Date | 2026-08-20 |
|---|---|
| Revenue Estimate | $826.00M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-07-31 | USD -0.7 vs est -0.56 ▼ miss |
| 2026-04-30 | USD -0.46 vs est -2.04 ▲ beat |
| 2025-10-31 | USD -0.51 vs est 0.63 ▼ miss |
Source: Nexqual, October 23, 2026 at 08:37 UTC.
Financials & Fundamentals (HOV)
| Total Revenue | $2.82B |
|---|---|
| Revenue Growth (latest quarter, YoY) | -11.80% |
| Gross Margin | +14.61% |
| Operating Margin | +0.81% |
| Profit Margin | +0.64% |
| ROE | +2.10% |
| Debt / Equity | 1.31 |
| Current Ratio | 4.17 |
| Total Cash | $249.09M |
| Total Debt | $1.08B |
| Free Cash Flow (last four quarters to Jul 2026, SEC 10-Q / 10-K) | $197.78M (7.0% of revenue) |
Source: Nexqual, October 23, 2026 at 08:37 UTC.
Financial Health Score (HOV)
Nexqual rates Hovnanian Enterprises, Inc.'s overall financial health "Weak" across five dimensions, as of October 23, 2026 at 08:37 UTC.
| Growth | Critical — Revenue -12% YoY (latest Q), sharp decline |
|---|---|
| Profitability | Weak — Gross margin 15%, operating 1% (last 12 months) |
| Balance Sheet | Mixed — $249M cash vs $1.08B debt |
| Cash Flow | Solid — FCF $198M (last 4 quarters to Jul 2026, SEC), 7% margin |
| Efficiency | Weak — ROE 2%, ROA 1.3% |
Ownership (HOV)
| Insider Ownership | +10.17% |
|---|---|
| Institutional Ownership | +65.58% |
| Shares Outstanding | 5.12M |
| Float | 4.40M |
| Short % of Float | +9.50% |
Source: Nexqual, October 23, 2026 at 08:37 UTC.
Leadership (HOV)
Hovnanian Enterprises, Inc. is led by Ara K. Hovnanian, CEO & Chairman of the Board, per Nexqual as of October 23, 2026 at 08:37 UTC.
| CEO & Chairman of the Board | Ara K. Hovnanian |
|---|---|
| President | Alexander A. Hovnanian |
| Chief Operating Officer | Michael P. Wyatt |
| Vice President of Investor Relations | Jeffrey T. O'Keefe |
| Group President | Joseph F. Riggs |
Major Backers & Investors (HOV)
Notable institutional backers of Hovnanian Enterprises, Inc. include American Century Companies Inc, Renaissance Technologies, Forager Capital Management, LLC, according to Nexqual as of October 23, 2026 at 08:37 UTC.
Active Investors
| Investor | Stake |
|---|---|
| American Century Companies Inc | 3.21% |
| Renaissance Technologies | 3.15% |
| Forager Capital Management, LLC | 2.92% |
| Shaw D.E. & Co., Inc. | 2.24% |
| Goldman Sachs | 2.06% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 8.28% |
| State Street | 4.13% |
| Vanguard Group | 3.84% |
| Dimensional Fund Advisors | 3.42% |
| Geode Capital | 2.35% |
Source: Nexqual, October 23, 2026 at 08:37 UTC.
From Hovnanian Enterprises, Inc.'s Latest SEC 10-K Filing (filed 2025-12-22)
Key Strengths & Strategy (as disclosed to the SEC)
- QMI homes also allow us to offer customers mortgage rate buydowns that would be cost prohibitive on homes with a longer time until delivery.
- Our current mortgage financing and title service operations enhance our contact with customers and allow us to coordinate the home-buying experience from beginning to end.
Partnerships
- Under a typical agreement with the land developer, we purchase a minimal number of home sites.
Legal & Regulatory Risks (Item 1A, quoted)
- We may be liable for claims for damages as a result of the use or presence of hazardous materials in our operations or developments.
- Legal claims not resolved in our favor, such as product liability litigation and warranty claims, may be costly.
- Our financial results could also be adversely affected if we were to experience an unusually high number of claims or unusually severe claims.
- Tax increases and changes in tax rules may adversely affect our financial results.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| LEGH | Legacy Housing Corporation | USD 28.31 | ▲ 3.89% |
| BXBL | BOXABL, Inc. | USD 2.95 | ▲ 4.98% |
| BZH | Beazer Homes USA, Inc. | USD 33.48 | ▲ 0.09% |
| DFH | Dream Finders Homes, Inc. | USD 10.12 | ▲ 12.2% |
| LGIH | LGI Homes, Inc. | USD 42.77 | ▲ 6.9% |
| GRBK | Green Brick Partners, Inc. | USD 64.94 | ▲ 7.02% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 08:37 UTC. This page is informational and not investment advice.
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