reports
Hovnanian Enterprises Reports Fiscal 2024 First Quarter Results
Hovnanian Enterprises Reports Fiscal 2024 First Quarter Results Net Contracts per Community Increased 48% Year-Over-YearIncome Before Income Taxes Increased 80% Year-Over-Year$230 Million was the Highest Quarterly Land and Land Development Spend in 57 Quarters15% Year-Over-Year Growth in Total Revenues MATAWAN, N.J., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, reported results for its fiscal first quarter ended January 31, 2024. RESULTS FOR THE THREE-MONTHS ENDED JANUARY 31, 2024: Total revenues increased 15.3% to $594.2 mi...
Hovnanian Enterprises Announces First Quarter Fiscal 2024 Earnings Rel...
Hovnanian Enterprises Announces First Quarter Fiscal 2024 Earnings Release and Conference Call MATAWAN, N.J., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, will release financial results for the first quarter ended January 31, 2024, the morning of Thursday, February 22, 2024. The Company will webcast its first quarter earnings conference call at 11:00 a.m. (ET) on Thursday, February 22, 2024. The conference call and accompanying slide presentation will be webcast live through the “Investor Relations” section of Hovnanian Enterp...
K. Hovnanian®️ Introduces Salerno Reserve, a New LOOKS Community in St...
K. Hovnanian®️ Introduces Salerno Reserve, a New LOOKS Community in Stuart, FL STUART, Fla., Jan. 15, 2024 (GLOBE NEWSWIRE) -- K. Hovnanian Homes introduces Salerno Reserve, a new community of single-family homes in Stuart. Salerno Reserve offers LOOKS: a designer-curated collection of beautiful interiors. Buyers can choose between Loft, Farmhouse, Classic or Elements LOOKS, and enjoy cohesive style without the stress. "By whittling down an overwhelming number of design choices, we’ve been able to focus on making our 'LOOKS' stand out," said Alexander Hovnanian, Executive Vice President ...
Hovnanian Enterprises Inc: 2 directors
Two Directors at Hovnanian Enterprises Inc sold 16,862 shares at between 152.483USD and 154.589USD. The significance rating of the trade was 68/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directo...
K. Hovnanian®️ Introduces Locke Landing, a New LOOKS Community in Balt...
K. Hovnanian®️ Introduces Locke Landing, a New LOOKS Community in Baltimore, MD BALTIMORE, Dec. 14, 2023 (GLOBE NEWSWIRE) -- K. Hovnanian Homes introduces Locke Landing, a new community of townhomes within the mixed-use development Baltimore Peninsula. Locke Landing is K. Hovnanian’s first Baltimore community to offer LOOKS: designer-curated collections of beautiful interiors. Buyers can choose from 4 unique interiors—Loft, Farmhouse, Classic or Elements—and enjoy cohesive style without the stress. "By whittling down an overwhelming number of design choices, we’ve been able to focus on m...
K. Hovnanian® Introduces The Grove at Jackson Village, a New LOOKS Com...
K. Hovnanian® Introduces The Grove at Jackson Village, a New LOOKS Community in Fredericksburg, VA FREDERICKSBURG, Va., Dec. 13, 2023 (GLOBE NEWSWIRE) -- K. Hovnanian️ Homes introduces The Grove at Jackson Village, an 850-unit townhome community in Fredericksburg. This community offers LOOKS: a designer-curated collection of beautiful interiors. Buyers can choose between Loft, Farmhouse, Classic or Elements LOOKS, and enjoy cohesive style without the stress. "By whittling down an overwhelming number of design choices, we’ve been able to focus on making our 'LOOKS' stand out," said Alex...
K. Hovnanian® Introduces Enclave at Hillandale, a New LOOKS Community ...
K. Hovnanian® Introduces Enclave at Hillandale, a New LOOKS Community in Morris County FAR HILLS, N.J., Dec. 07, 2023 (GLOBE NEWSWIRE) -- K. Hovnanian Homes introduces Enclave at Hillandale, a new boutique townhome community in Mendham Township, which offers LOOKS: a designer-curated collection of beautiful interiors. Buyers can choose between Loft, Farmhouse, or Classic LOOKS, and enjoy cohesive style without the stress. "By whittling down an overwhelming number of design choices, we’ve been able to focus on making our 'LOOKS' stand out," said Alexander Hovnanian, Executive Vice Pre...
Hovnanian Enterprises Reports Fiscal 2023 Fourth Quarter and Full Year...
Hovnanian Enterprises Reports Fiscal 2023 Fourth Quarter and Full Year Results $121 million of Quarterly Pretax Income Best in More Than 16 YearsNet Contracts per Community Increased 66% Year-Over-YearBook Value Rose 80% Year-Over-Year to $73 per ShareRefinanced Over $600 Million of Secured Debt, Extending Maturities Until the Fourth Quarters of 2028 and 2029, Including $114 Million of Bond Redemptions that Occurred after the Quarter EndTotal Liquidity Climbed to $564 Million, the Highest in More Than 14 YearsProvided Guidance for a Significant Year-Over-Year Profit Increase in the First Qu...
Hovnanian Enterprises Announces Fiscal Year 2023 Earnings Release and ...
Hovnanian Enterprises Announces Fiscal Year 2023 Earnings Release and Conference Call MATAWAN, N.J., Nov. 21, 2023 (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, 2023, the morning of Tuesday, December 5, 2023. The Company will webcast its fourth quarter earnings conference call at 11:00 a.m. (ET) on Tuesday, December 5, 2023. The conference call and accompanying slide presentation will be webcast live through the “Investor Relations” section of Hovnanian E...
K. Hovnanian️ Recognized with U.S. Department of Energy’s Grand Award,...
K. Hovnanian️ Recognized with U.S. Department of Energy’s Grand Award, Housing Innovation Award for Zero Energy Ready Homes NEW YORK, Oct. 26, 2023 (GLOBE NEWSWIRE) -- K. Hovnanian® Homes is excited to announce the U.S. Department of Energy (DOE) awarded their Northeast Division for achievements in energy efficiency in new home construction. A DOE Zero Energy Ready Home (ZERH) is a home with a renewable energy system that offsets most or all of the home's annual energy use; the home must also meet rigorous efficiency and performance criteria. In 2023, the Northeast Division built 400 Ze...
Hovnanian Enterprises Receives Two U.S. Department Of Energy 2023 Awar...
Hovnanian Enterprises Receives Two U.S. Department Of Energy 2023 Awards For Building Energy Efficient Homes Built Most Zero Energy Ready Homes in United StatesHousing Innovation Award for Energy Efficiency MATAWAN, N.J., Oct. 19, 2023 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, announced that it received two United States Department of Energy (DOE) 2023 Housing Innovation Awards. The Housing Innovation Awards recognize leading homebuilders from across the country who are constructing Zero Energy Ready Homes (ZERH), the federal government...
Hovnanian Enterprises to Present at Deutsche Bank’s 31st Annual Levera...
Hovnanian Enterprises to Present at Deutsche Bank’s 31st Annual Leveraged Finance Conference RED BANK, N.J., Sept. 27, 2023 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, announced that senior management will be presenting at Deutsche Bank’s 31st Annual Leveraged Finance Conference on Wednesday, October 4, 2023 at 11:00 a.m. ET. The presentation will be webcast live through the “Investor Relations” section of Hovnanian Enterprises’ website at . It is suggested that participants access the webcast event page at least five minutes before the li...
Hovnanian Enterprises Announces Refinancing Transaction
Hovnanian Enterprises Announces Refinancing Transaction MATAWAN, N.J., Sept. 25, 2023 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV) (the “Company”), a leading national homebuilder, announced today that it has entered into an agreement with existing investors to consummate a refinancing transaction that extends the maturities of over $600 million of the Company’s secured debt to the fourth quarters of fiscal 2028 and fiscal 2029. Additionally, it has entered into an agreement with existing lenders to amend and extend its $125 million secured revolving credit facility to matur...
Hovnanian Enterprises Reports Fiscal 2023 Third Quarter Results
Hovnanian Enterprises Reports Fiscal 2023 Third Quarter Results 81% Year over Year Increase in Net ContractsNet Contracts per Community Increased 92% Year over YearHomebuilding Gross Margin Percentage Improved Sequentially by 230 Basis Points53% Sequential Growth in Income Before Income TaxesRedeemed in August $100 Million of Principal Amount of 7.75% Senior Secured Notes Due February 2026Increased Full Year Guidance MATAWAN, N.J., Aug. 30, 2023 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, reported results for its fiscal third quarter and n...
Hovnanian Enterprises Announces Third Quarter Fiscal Year 2023 Earning...
Hovnanian Enterprises Announces Third Quarter Fiscal Year 2023 Earnings Release and Conference Call MATAWAN, N.J., Aug. 16, 2023 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, will release financial results for the third quarter ended July 31, 2023, the morning of Wednesday, August 30, 2023. The Company will webcast its third quarter earnings conference call at 11:00 a.m. (ET) on Wednesday, August 30, 2023. The conference call and accompanying slide presentation will be webcast live through the “Investor Relations” section of Hovnanian Enterp...
Hovnanian Enterprises Announces Retirement of Larry Sorsby, Executive ...
Hovnanian Enterprises Announces Retirement of Larry Sorsby, Executive Vice President and Chief Financial Officer MATAWAN, N.J., June 20, 2023 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, announced that J. Larry Sorsby, Executive Vice President and Chief Financial Officer, intends to retire from the Company effective October 31, 2023. Mr. Sorsby will continue to serve the Company in his role as a member of the Board of Directors. “When reminiscing about Larry's 35 years of service, I am overwhelmed by all the ways both big and small that he ...
Hovnanian Enterprises Reports Fiscal 2023 Second Quarter Results
Hovnanian Enterprises Reports Fiscal 2023 Second Quarter Results Achieved Income Before Income Taxes of $46 MillionExceeded High End of Guidance for Adjusted Pretax Income by 32%Net Contracts per Community Increased 100% versus First Quarter 2023Consolidated Community Count Increased 12% Year over YearRedeemed in May $100 Million of Principal Amount of 7.75% Senior Secured Notes Due February 2026 MATAWAN, N.J., May 31, 2023 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, reported results for its fiscal second quarter and six months ended April...
Hovnanian Enterprises Announces Second Quarter Fiscal Year 2023 Earnin...
Hovnanian Enterprises Announces Second Quarter Fiscal Year 2023 Earnings Release and Conference Call MATAWAN, N.J., May 17, 2023 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, will release financial results for the second quarter ended April 30, 2023, the morning of Wednesday, May 31, 2023. The Company will webcast its second quarter earnings conference call at 11:00 a.m. (ET) on Wednesday, May 31, 2023. The conference call and accompanying slide presentation will be webcast live through the “Investor Relations” section of Hovnanian Enterpris...
Hovnanian Enterprises Reports Fiscal 2023 First Quarter Results
Hovnanian Enterprises Reports Fiscal 2023 First Quarter Results Gross Margins for the Quarter for Both Deliveries and Recent Contracts Remains StrongNet Contracts per Community Increased from 1.5 in November to 3.0 in January and Accelerated Further in February MATAWAN, N.J., Feb. 28, 2023 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, reported results for its fiscal first quarter ended January 31, 2023. RESULTS FOR THE FIRST QUARTER ENDED JANUARY 31, 2023: Total revenues declined 8.8% to $515.4 million in the first quarter of fiscal 2023,...
Hovnanian Enterprises Announces First Quarter Fiscal Year 2023 Earning...
Hovnanian Enterprises Announces First Quarter Fiscal Year 2023 Earnings Release and Conference Call MATAWAN, N.J., Feb. 14, 2023 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, will release financial results for the first quarter ended January 31, 2023 the morning of Tuesday, February 28, 2023. The Company will webcast its first quarter earnings conference call at 11:00 a.m. (ET) on Tuesday, February 28, 2023. The conference call and accompanying slide presentation will be webcast live through the “Investor Relations” section of Hovnanian Ente...
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