Hovnanian Enterprises Inc - Company Profile
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Hovnanian Enterprises Inc (Hovnanian) is a provider of homebuilding and financial services. It designs, constructs, markets, and sells single-family and multi-family detached homes, attached townhomes and condominiums, active lifestyle homes and urban infill. The company provides financial services such as mortgage loans and title services to customers of the company’s homebuilding operations. Hovnanian markets homes under K. Hovnanian, Homes, Brighton Homes, trade names. It builds and markets homes for first-time buyers, first-time and second time move-up buyers, active lifestyle buyers, empty nesters and luxury buyers. The company has presence across Northeast, Mid-Atlantic, Midwest, Southeast, Southwest, and West in the US. Hovnanian is headquartered in New Jersey, the US.
Headquarters
United States of America
Address
90 Matawan Road, 5th Floor, New Jersey, 07747
Website
www.khov.com
Telephone
1 707 7634784
No of Employees
1,715
Industry
Construction
Ticker Symbol & Exchange
HOV (NYSE)
Revenue (2022)
$2.8B
-5.7%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-8.7%
(2022 vs 2021)
Market Cap*
$888.4M
Net Profit Margin (2022)
XYZ
-3.2%
(2022 vs 2021)
* As of and is in US$
Hovnanian Enterprises Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Single-Family and Multi-Family Homes | Financing | K. Hovnanian |
| Condominiums | Insurance | Homes |
| Mortgage Loans | Brighton Homes |
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 | 1,715 | 13,450 | 12,284 | 6,382 | 4,800 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Ara K. Hovnanian | Chief Executive Officer; President; Chairman | Executive Board | 2009 | 66 |
| Brad G. O'Connor | Treasurer; Senior Vice President; Chief Financial Officer | Senior Management | 2023 | 53 |
| Robin Stone Sellers | Director | Non Executive Board | 2018 | 71 |
| Miriam Hernandez-Kakol | Director | Non Executive Board | 2022 | 70 |
| Joseph A. Marengi | Director | Non Executive Board | 2006 | 70 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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