HOVNANIAN ENTERPRISES INC
Close on Oct 19, 2026
- Market cap
- $581.89M
- P/E (TTM)
- 102.0
- Dividend yield
- –
About Hovnanian Enterprises
Operative Builders, SIC 1531
Hovnanian Enterprises, Inc. designs, constructs, and sells residential homes and develops land. The company operates primarily through two business segments: homebuilding and financial services. Its homebuilding operations involve residential real estate activities, including the construction of homes and the sale of land. Through its financial services segment, the business supports home sales by offering mortgage financing, loan origination services, and related financial products to residential home buyers and customers.
Geographically, the company organizes its homebuilding operations into three main regional segments: the Northeast, Southeast, and West within the United States. In addition to wholly owned operations, the enterprise conducts real estate and land development activities via homebuilding joint ventures and partnerships with various regional banking partners. Hovnanian Enterprises is based in the state of New Jersey, where it maintains its corporate operations.
Summary of the business section of Hovnanian Enterprises's latest annual report, written by StockData.
Company profile
Company
- Legal name
- HOVNANIAN ENTERPRISES INC
- Founded
- 1959
- Headquarters
- Matawan, NJ
- Address
- 90 Matawan Road, 5th Floor 07747
- Phone
- (732) 747-7800
- Website
- www.khov.com
- Employees
- 1,891, Oct 31, 2025
- Industry
- Operative Builders
- Incorporated in
- Delaware
- Fiscal year ends
- October 31
- Auditor
- DELOITTE & TOUCHE LLP, New York, New York
Stock & identifiers
- Ticker
- HOV
- Other tickers
- HOVNP, HOVVB
- Exchange
- NYSE
- IPO date
- Sep 7, 1983
- Shares outstanding
- 6M, Aug 25, 2026
- Public float
- $452.67M, Apr 30, 2025
- Filer category
- Accelerated filer
- Stock splits
- 1-for-25 reverse, Jun 6, 2019; 1-for-25 reverse, Mar 29, 2019; 1-for-25 reverse, Mar 29, 2019; 2-for-1, Mar 29, 2004; 2-for-1, Apr 14, 1987; 3-for-2, Aug 4, 1986; 3-for-2, Mar 10, 1986
- SEC CIK
- 357294
- CUSIP
- 442487401
- ISIN
- US4424874018
- LEI
- 549300805N4EF0ROBT53
- EIN
- 22-1851059
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Ara K. Hovnanian | Chairman of the Board & CEO, Director | 1,030,092 |
| Michael P. Wyatt | Chief Operating Officer | 33,888 |
| Brad G. O'Connor | CFO | 43,325 |
| Alexander A. Hovnanian | President | 144,839 |
| J. Larry Sorsby | Director | 195,046 |
| Vincent Pagano Jr | Director | 25,492 |
| Robin Stone Sellers | Director | 18,174 |
| Joseph A. Marengi | Director | 30,879 |
| Miriam Hernandez-Kakol | Director | 5,617 |
| Robert B. Coutts | Director | 38,418 |
| Edward A. Kangas | Director | 5,338 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Mr. Ara Hovnanian | $13.65M | $9.38M | $3.70M | $379 | $181 |
| FY2024 Mr. Ara Hovnanian | $13.20M | $48.28M | $4.10M | $554 | $238 |
| FY2023 Mr. Ara Hovnanian | $9.48M | $25.78M | $3.70M | $219 | $148 |
| FY2022 Mr. Ara Hovnanian | $16.51M | $6.49M | $4.95M | $127 | $99 |
| FY2021 Mr. Ara Hovnanian | $12.48M | $38.82M | $3.89M | $265 | $138 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of October 31, 2025 , we employed 1,891 full-time associates of whom 1,194 were involved in our homebuilding operations, 186 were involved in our financial services operations and 511 were involved in our corporate operations.”
Corporate history
Events identified from SEC filings