Hovnanian Enterprises Inc - Company Profile
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Business Description
Hovnanian Enterprises Inc (Hovnanian) is involved in designing, constructing, marketing, and selling residential homes through its subsidiaries. It operates in the homebuilding and financial services industries, offering single-family detached homes, attached townhomes, condominiums, urban infill, and active lifestyle homes. The company delivered over 382,000 homes, including 6,431 homes in FY2025. HEI's financial services operations provide mortgage loans and title services to its homebuilding customers.
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Business Segments
Overview
Carries out operations at headquarters in New Jersey, the US. It includes corporate accounting, training, treasury, process redesign, executive offices, information services, human resources, internal audit, construction services, administration of insurance, quality and safety.
Performance
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Overview
Offers mortgage banking and title services to the homebuilding customers of the company. Offers customers with competitive financial services, and unifies and assists the loan initiation transaction through the loan application, loan approval, and closing and title services.
Performance
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Overview
Offers construction and sale of various housing structures. Its residential development activities include site planning and engineering; procurement of environmental and other regulatory approvals; and construction of roads, water and drainage facilities; sewer, recreational facilities and other amenities; and marketing and selling homes. Operates through consultants, independent architects, and contractors.
Performance
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Geographical Segments
Target Markets
Delaware, Illinois, Maryland, New Jersey, Ohio, Pennsylvania, Virginia and West Virginia.
Performance
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Target Markets
Florida, Georgia and South Carolina.
Performance
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Target Markets
Arizona, California and Texas.
Performance
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