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Hovnanian Enterprises (NYSE: HOV - Get Free Report) and OFA Group (NASDAQ: OFAL - Get Free Report) are both small-cap construction companies, but which is the better stock? We will compare the two businesses based on the strength of their analyst recommendations, profitability, earnings, dividends, valuation, risk and institutional ownership. Analyst Recommendations This is a breakdown of
Hovnanian Enterprises remains a 'strong buy' despite a 22.5% share price drop driven by weak Q4 results and soft near-term guidance. HOV trades at compelling mid-single-digit cash flow multiples, making it the cheapest among peers on this metric. Management is proactively reducing debt, restructuring maturities, and focusing on land with higher embedded incentives to protect margins.
The home builder posted a net loss of $667,000 as it offered more incentives to try to maintain a strong sales pace.
Hovnanian Enterprises, Inc. (HOV) Q4 2025 Earnings Call Transcript
Hovnanian (HOV) came out with quarterly earnings of $5.96 per share, beating the Zacks Consensus Estimate of $0.63 per share. This compares to earnings of $12.79 per share a year ago.
The home builder reports home-building gross margin percentage, after cost of sales interest expense and land charges, was 10.7% compared with 18% a year earlier.
Met or Exceeded All Guidance Metrics Provided 8% Year-Over-Year Increase in Consolidated Communities Successfully Completed $900 Million Unsecured Debt Refinancing Extending Maturities Until 2031 and 2033 Operating Performance Reflects a $34 Million Expense from Refinancing and $19 Million in Land Charges
Hovnanian Enterprises (NYSE: HOV - Get Free Report) and OFA Group (NASDAQ: OFAL - Get Free Report) are both small-cap construction companies, but which is the better business? We will compare the two companies based on the strength of their analyst recommendations, institutional ownership, profitability, valuation, risk, dividends and earnings. Institutional and Insider Ownership 65.4% of Hovnanian
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.
Teacher Retirement System of Texas increased its holdings in Hovnanian Enterprises Inc (NYSE: HOV) by 17.0% in the undefined quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 15,063 shares of the construction company's stock after purchasing an additional 2,192 shares during the period. Teacher
Hovnanian Enterprises remains a top pick, with both common and preferred shares rated 'strong buy' for their value and stability. Despite near-term headwinds—declining home prices, rising cancellations, and margin compression - HOV's improved leverage and debt management enhance long-term prospects. HOVNP preferred shares offer a compelling 9.3% yield at current prices, providing safety and income amid economic uncertainty and limited downside risk.
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.
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
Hovnanian Enterprises, Inc. which is still underperforming other homebuilders on a YTD basis, had been performing reasonably well over the past two months until its Q3 results came out last week. HOV missed both top line and bottom line estimates, and the magnitude of the miss on the latter was particularly concerning,. Revenue growth rebounded in Q3, but the upcoming Q4 which is expected to be their seasonally strongest quarter will likely be a damp squib.
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.
Hovnanian Enterprises, Inc. (NYSE:HOV ) Q3 2025 Earnings Conference Call August 21, 2025 11:00 AM ET Company Participants Ara K. Hovnanian - President, CEO & Chairman of the Board Brad G.
The home builder said it used widespread incentives, particularly mortgage buydowns, to make homes affordable for buyers and said it was emphasizing “pace over price” to sell inventory.
Hovnanian (HOV) came out with quarterly earnings of $1.99 per share, missing the Zacks Consensus Estimate of $3.51 per share. This compares to earnings of $9.75 per share a year ago.
Total Revenues Increased 11% Year-Over-Year Met or Exceeded All Guidance Metrics Provided 86% of Total Lots Are Optioned, Highest Percentage Ever Second Highest TTM ROE Amongst Midsized Homebuilders
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.