HOV

Citizens initiated coverage of Hovnanian with a rating of Mkt Underperform and set a new price target of $74.00

NEW YORK, April 8, 2026 /PRNewswire/ -- GTIS Partners LP ("GTIS"), a global real estate investment firm with a focus on residential and industrial/logistics investments, and Hovnanian Enterprises, Inc. (NYSE:HOV), a leading national homebuilder, today announced the closing of a $200 million joint venture to develop, construct and sell homes across a diversified portfolio of for-sale homebuilding communities. Under the joint venture, GTIS through its investment vehicles is investing $150 million of equity capital alongside Hovnanian contributing $50 million, or 25%, of the capital requirement for total build out costs projected at approximately $545 million representing $617 million in home v

MATAWAN, N.J., Feb. 25, 2026 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE:HOV), a leading national homebuilder, announced that senior management will be hosting a fireside chat at J.P. Morgan's 2026 Global Leveraged Finance Conference taking place on Monday, March 2, 2026, at 11:00 am ET. The presentation will be webcast live through the "Investor Relations" section of Hovnanian Enterprises' website at http://www.khov.com. It is suggested that participants access the webcast event page at least five minutes before the live event. For those who are not available to listen to the live webcast, an archive of the broadcast will be available under the "Past Events" section of the "Inv

Met or Exceeded All Guidance Metrics Provided5% Year-Over-Year Increase in Domestic Consolidated Communities$471 Million of Total LiquidityDomestic Contracts, Including Unconsolidated Joint Ventures, Increased 11% Year-Over-Year for January and 13% for February to Date over the Same Period Last Year MATAWAN, N.J., Feb. 25, 2026 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE:HOV), a leading national homebuilder, reported results for its fiscal first quarter ended January 31, 2026. RESULTS FOR THE THREE-MONTHS ENDED JANUARY 31, 2026: Total revenues were $632.0 million in the first quarter of fiscal 2026, which was above the midpoint of the guidance range we provided, compared

MATAWAN, N.J., Feb. 11, 2026 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE:HOV), a leading national homebuilder, will release financial results for the first quarter ended January 31, 2026, the morning of Wednesday, February 25, 2026. The Company will webcast its first quarter earnings conference call at 11:30 a.m. (ET) on Wednesday, February 25, 2026. The conference call and accompanying slide presentation will be webcast live through the "Investor Relations" section of Hovnanian Enterprises' website at http://www.khov.com. It is suggested that participants access the webcast event page at least five minutes before the live event. For those who are not available to listen to the

RIYADH, Saudi Arabia, Feb. 03, 2026 (GLOBE NEWSWIRE) -- K. Hovnanian M.E. Investments, LLC (KHME), a subsidiary of Hovnanian Enterprises, Inc. (NYSE:HOV) and the majority shareholder of Al Tahaluf Real Estate Company, CJSC, has signed a Memorandum of Understanding (MoU) with the Tourism Development Fund (TDF) and Emaar, The Economic City (EEC) to enable high-quality tourism investment and lifestyle-focused residential opportunities in King Abdullah Economic City (KAEC). The parties signed the agreement during the Future Real Estate Forum 2026 in Riyadh. The MoU establishes a strategic framework for collaboration to advance globally competitive tourism, hospitality, and branded residential

Met or Exceeded All Guidance Metrics Provided8% Year-Over-Year Increase in Consolidated CommunitiesSuccessfully Completed $900 Million Unsecured Debt Refinancing Extending Maturities Until 2031 and 2033Operating Performance Reflects a $34 Million Expense from Refinancing and $19 Million in Land Charges MATAWAN, N.J., Dec. 04, 2025 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE:HOV), a leading national homebuilder, reported results for its fiscal fourth quarter and year ended October 31, 2025. RESULTS FOR THE THREE-MONTHS AND FULL YEAR ENDED OCTOBER 31, 2025: Total revenues were $817.9 million in the fourth quarter of fiscal 2025, which was within the guidance range we provided, c

MATAWAN, N.J., Nov. 20, 2025 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE:HOV), a leading national homebuilder, will release financial results for the fourth quarter and fiscal year ended October 31, 2025, the morning of Thursday, December 4, 2025. The Company will webcast its fourth quarter earnings conference call at 11:00 a.m. (ET) on Thursday, December 4, 2025. The conference call and accompanying slide presentation will be webcast live through the "Investor Relations" section of Hovnanian Enterprises' website at http://www.khov.com. It is suggested that participants access the webcast event page at least five minutes before the live event. For those who are not available to

MATAWAN, N.J., Sept. 11, 2025 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE:HOV) (the "Company") announced today that its wholly owned subsidiary, K. Hovnanian Enterprises, Inc. ("K. Hovnanian"), priced an offering of $450 million aggregate principal amount of 8.000% Senior Notes due 2031 and $450 million aggregate principal amount of 8.375% Senior Notes due 2033 in a private placement (collectively, the "Notes"). The Notes will be guaranteed by the Company and substantially all of its subsidiaries. The sale of the Notes is expected to be consummated on or about September 25, 2025, subject to customary closing conditions. K. Hovnanian intends to use the net proceeds from the offer

MATAWAN, N.J., Sept. 10, 2025 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE:HOV) (the "Company") announced today that its wholly owned subsidiary, K. Hovnanian Enterprises, Inc. ("K. Hovnanian"), intends to offer, subject to market conditions $450 million aggregate principal amount of Senior Notes due 2031 and $450 million aggregate principal amount of Senior Notes due 2033 in a private placement (collectively, the "Notes"). The Notes will be guaranteed by the Company and substantially all of its subsidiaries K. Hovnanian intends to use the net proceeds from the offering of the Notes to (i) fund the redemption of the entire outstanding principal amount of its 8.0% Senior Secured 1

MATAWAN, N.J., Aug. 22, 2025 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE:HOV), a leading national homebuilder, announced that senior management will present at the Midwest IDEAS Investor Conference on Wednesday, August 27, 2025 at The InterContinental in Chicago, IL. The company's presentation is scheduled to begin at 3:45 pm ET. The presentation is webcast and can be accessed through the conference host's main website: https://www.threepartadvisors.com/midwest and in the investor relations section of the company's website: http://www.khov.com. About IDEAS Investor ConferencesThe mission of the IDEAS Conferences is to provide independent regional venues for quality companies to

Total Revenues Increased 11% Year-Over-YearMet or Exceeded All Guidance Metrics Provided86% of Total Lots Are Optioned, Highest Percentage EverSecond Highest TTM ROE Amongst Midsized Homebuilders MATAWAN, N.J., Aug. 21, 2025 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE:HOV), a leading national homebuilder, reported results for its fiscal third quarter and nine months ended July 31, 2025. RESULTS FOR THE THREE-MONTH AND NINE-MONTH PERIODS ENDED JULY 31, 2025: Total revenues increased 10.8% to $800.6 million in the third quarter of fiscal 2025, compared with $722.7 million in the same quarter of the prior year. For the nine months ended July 31, 2025, total revenues increased 6.7

MATAWAN, N.J., Aug. 07, 2025 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE:HOV), a leading national homebuilder, will release financial results for the third quarter ended July 31, 2025, the morning of Thursday, August 21, 2025. The Company will webcast its third quarter earnings conference call at 11:00 a.m. (ET) on Thursday, August 21, 2025. The conference call and accompanying slide presentation will be webcast live through the "Investor Relations" section of Hovnanian Enterprises' website at http://www.khov.com. It is suggested that participants access the webcast event page at least five minutes before the live event. For those who are not available to listen to the live webc

Second Highest TTM ROE Amongst Midsized HomebuildersRedeemed Early the Remaining $27 Million of the 13.5% Senior Notes Due 2026 and Repurchased 2% of Our Common Stock15% Year-Over-Year Increase in Consolidated Community Count and Consolidated Lots Controlled MATAWAN, N.J., May 20, 2025 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE:HOV), a leading national homebuilder, reported results for its fiscal second quarter and six months ended April 30, 2025. RESULTS FOR THE THREE-MONTH AND SIX-MONTH PERIODS ENDED APRIL 30, 2025: Total revenues decreased 3.1% to $686.5 million in the second quarter of fiscal 2025, compared with $708.4 million in the same quarter of the prior year. For t

MATAWAN, N.J., May 15, 2025 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE:HOV), a leading national homebuilder across the United States, announced the signing of a strategic Memorandum of Understanding (MOU) between its Middle East subsidiary, K. Hovnanian M.E. Investments, LLC, and Saudi Arabia's leading real estate developer NHC. The MOU was signed by Mr. Mohammad Albuty, Chief Executive Officer of NHC, and Ara K. Hovnanian, Chairman of the Board, President, and Chief Executive Officer of Hovnanian Enterprises, Inc., and formalized at the Saudi-U.S. Investment Forum in Riyadh on May 13, 2025, during President Donald J. Trump's historic visit to the Kingdom. The signing of the MO

MATAWAN, N.J., May 06, 2025 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE:HOV), a leading national homebuilder, will release financial results for the second quarter ended April 30, 2025, the morning of Tuesday, May 20, 2025. The Company will webcast its second quarter earnings conference call at 11:00 a.m. (ET) on Tuesday, May 20, 2025. The conference call and accompanying slide presentation will be webcast live through the "Investor Relations" section of Hovnanian Enterprises' website at http://www.khov.com. It is suggested that participants access the webcast event page at least five minutes before the live event. For those who are not available to listen to the live webcast, a

13% Increase in Total Revenues Income Before Income Taxes Increased 22% Year-Over-Year 7% Year-Over-Year Quarterly Growth in Consolidated Contracts Total Consolidated Lots Controlled Increased 29% Year-Over-Year MATAWAN, N.J., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE:HOV), a leading national homebuilder, reported results for its fiscal first quarter ended January 31, 2025. RESULTS FOR THE THREE-MONTHS ENDED JANUARY 31, 2025: Total revenues increased 13.4% to $673.6 million in the first quarter of fiscal 2025, compared with $594.2 million in the same quarter of the prior year.Sale of homes revenues increased 12.8% to $646.9 million (1,254 homes) in the fiscal 2

MATAWAN, N.J., Feb. 10, 2025 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE:HOV), a leading national homebuilder, will release financial results for the first quarter ended January 31, 2025, the morning of Monday, February 24, 2025. The Company will webcast its first quarter earnings conference call at 11:00 a.m. (ET) on Monday, February 24, 2025. The conference call and accompanying slide presentation will be webcast live through the "Investor Relations" section of Hovnanian Enterprises' website at http://www.khov.com. It is suggested that participants access the webcast event page at least five minutes before the live event. For those who are not available to listen to the live w

Wedbush initiated coverage of Hovnanian with a rating of Neutral and set a new price target of $155.00

Full Year Income Before Income Taxes Increased 24% Year-Over-Year44% Year-Over-Year Quarterly Growth in Consolidated ContractsTotal Consolidated Lots Controlled Increased 32% Year-Over-Year47% Year-Over-Year Growth in Annual Land and Land Development Spend MATAWAN, N.J., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE:HOV), a leading national homebuilder, reported results for its fiscal fourth quarter and year ended October 31, 2024. RESULTS FOR THE THREE-MONTHS AND FULL YEAR ENDED OCTOBER 31, 2024: Total revenues, adjusted homebuilding gross margin and total SG&A as a percentage of total revenues for the full year ended October 31, 2024, were within our

MATAWAN, N.J., Dec. 04, 2024 (GLOBE NEWSWIRE) -- K. Hovnanian® Homes is excited to announce that their achievements in energy-efficient home construction have again been recognized by the U.S. Department of Energy (DOE), in both their Northeast and Phoenix Divisions. As part of their effort to build comfortable, high-performance new-construction homes that could reduce customers' energy costs while lessening their environmental impact, K. Hovnanian has been an industry leader in building DOE Zero Energy Ready Homes (ZERH). Homes certified as Zero Energy Ready utilize renewable energy systems that offset most or all of the home's annual energy use, and must meet rigorous efficiency and per

MATAWAN, N.J., Dec. 02, 2024 (GLOBE NEWSWIRE) -- K. Hovnanian® Homes celebrates the launch of their new and improved website, www.khov.com, launched on November 13, 2024. The brand-new khov.com elevates the experience of home-hunting online, whether a buyer is browsing on mobile, tablet, or desktop. With immersive renderings, scrolling videos, and new interactive features, K. Hovnanian's signature LOOKS program comes to life more vividly than ever. The designer-curated collection of stunning interiors offers cohesive style and transparent pricing in an easy, stress-free process that users can start on their own time from the comfort of their own home. With the newly enhanced Design & Pri

MATAWAN, N.J., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE:HOV), a leading national homebuilder, will release financial results for the fourth quarter and fiscal year ended October 31, 2024, the morning of Thursday, December 5, 2024. The Company will webcast its fourth quarter earnings conference call at 11:00 a.m. (ET) on Thursday, December 5, 2024. The conference call and accompanying slide presentation will be webcast live through the "Investor Relations" section of Hovnanian Enterprises' website at http://www.khov.com. It is suggested that participants access the webcast event page at least five minutes before the live event. For those who are not available to

PHOENIX, Oct. 21, 2024 (GLOBE NEWSWIRE) -- K. Hovnanian® Homes is proud to announce the U.S. Department of Energy (DOE) recognized their Phoenix Division as a 2024 Housing Innovation award winner for homebuilding excellence at their Edgewood Estates project. This prestigious national award is given to leading homebuilders for their achievements in crafting Zero Energy Ready Homes (ZERH). A home built to the DOE ZERH standard is designed to reduce energy consumption so that if a homeowner decided to add a renewable energy system, the amount of energy produced would offset the amount of energy used in that home. These homes must meet the DOE ZERH National Program Requirements' rigorous eff

MATAWAN, N.J., Sept. 16, 2024 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE:HOV), a leading national homebuilder, announced that senior management will be presenting at Deutsche Bank's 32nd Annual Leveraged Finance Conference taking place on Tuesday, September 24, 2024, at 11:00 am ET. The presentation will be webcast live through the "Investor Relations" section of Hovnanian Enterprises' website at http://www.khov.com. It is suggested that participants access the webcast event page at least five minutes before the live event. For those who are not available to listen to the live webcast, an archive of the broadcast will be available under the "Past Events" section of the "Investo