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Hovnanian Enterprises, Inc. Class A
Previous close
$143.15
Day range
$142.14 - $153.35
Year range
$61.10 - $183.60
Market cap
958.51M USD
Avg Volume
87.44K
P/E ratio
5.60
Dividend yield
-
Primary exchange
NYSE
In the news
Financials
Income Statement
Revenue
Net income
(USD) | Jan 2024info | Y/Y change |
---|---|---|
Revenue | 594.20M | 15.30% |
Operating expense | 86.62M | 17.38% |
Net income | 23.90M | 27.72% |
Net profit margin | 4.02 | 10.74% |
Earnings per share | — | — |
EBITDA | 28.59M | 2.60% |
Effective tax rate | 26.59% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Jan 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 183.12M | -22.05% |
Total assets | 2.34B | -3.89% |
Total liabilities | 1.73B | -15.01% |
Total equity | 607.09M | — |
Shares outstanding | 6.10M | — |
Price to book | 1.85 | — |
Return on assets | 2.79% | — |
Return on capital | 3.74% | — |
Cash Flow
Net change in cash
(USD) | Jan 2024info | Y/Y change |
---|---|---|
Net income | 23.90M | 27.72% |
Cash from operations | -89.00M | -184.85% |
Cash from investing | -4.12M | 82.30% |
Cash from financing | -146.27M | -202.29% |
Net change in cash | -239.40M | -132.63% |
Free cash flow | -146.18M | -179.85% |
About
Hovnanian Enterprises, Inc. is an American real estate company which is involved in every aspect of marketing homes, including design, construction and sales. The company works with individual detached housing as well as higher-occupancy dwellings, including townhouses, condominiums and retirement homes. In most cases, the company acquires and develops the land on which these developments are built, but in some geographic regions, Hovnanian offers to build their proprietary house designs on private land. The company consists of two operating groups, homebuilding and financial services.
Despite some recent financial difficulties due to the 2008–2009 recession and financial crisis, Hovnanian Enterprises remains the eleventh largest American homebuilder and is one of the largest homebuilders in New Jersey, as of December 2018. Wikipedia
Founded
1959
Headquarters
Website
Employees
1,715