Hovnanian Enterprises Inc - Company Profile
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Hovnanian Enterprises Inc (Hovnanian) is a homebuilder operating through its subsidiaries across the US. It is primarily involved in designing, constructing, marketing, and selling residential homes. The company's major products include single-family detached homes, attached townhomes, condominiums, urban infill, and active lifestyle homes. Its financial services cover originating mortgages, selling them in the secondary market, and providing title insurance activities. The homes are marketed under the brand name K. Hovnanian Homes. Hovnanian caters to a diverse customer base, including first-time buyers, move-up buyers, luxury buyers, active lifestyle buyers, and empty nesters. The company's geographic presence includes major housing markets in states including Arizona, California, and Texas. Hovnanian is headquartered in Matawan, New Jersey, the US.
Headquarters
United States of America
Address
90 Matawan Road, 5th Floor, New Jersey, 07747
Website
www.khov.com
Telephone
1 732 7477800
No of Employees
1,891
Industry
Construction
Ticker Symbol & Exchange
HOV (NYSE)
Revenue (2024)
$3.0B
-0.9%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-73.6%
(2024 vs 2023)
Market Cap*
$619.7M
Net Profit Margin (2024)
XYZ
-73.4%
(2024 vs 2023)
* As of and is in US$
Hovnanian Enterprises Inc premium industry data and analytics
Products and Services
| Services | Brands |
|---|---|
| Financing | K. Hovnanian |
| Insurance | Hovnanian Enterprises |
| Mortgage Loans | |
| XYZ | |
| XYZ | |
| XYZ |
Competitor Comparison
| Key Parameters | Hovnanian Enterprises Inc | D.R. Horton Inc | Lennar Corp | PulteGroup Inc | Toll Brothers Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Matawan | Arlington | Miami | Atlanta | Fort Washington |
| State/Province | New Jersey | Texas | Florida | Georgia | Pennsylvania |
| No. of Employees | 1,891 | 14,341 | 12,532 | 6,506 | 4,900 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Ara K. Hovnanian | Director; Chief Executive Officer; Chairman | Executive Board | 2009 | 68 |
| Brad G. O'Connor | Chief Financial Officer | Senior Management | 2023 | 55 |
| Michael P. Wyatt | Chief Operating Officer | Senior Management | 2025 | 59 |
| Alexander Hovnanian | President | Senior Management | 2025 | 35 |
| Edward A. Kangas | Director | Non Executive Board | 2002 | 81 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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