Hovnanian Enterprises, Inc. (HOV)
Consumer Cyclical · NYQ
Fundamentals
Valuation and ratings
Hovnanian Enterprises, Inc. trades at USD127.33, close to the USD117.85 our discounted cash flow model puts on the business. On this measure the market and the model broadly agree, so the interesting question is which of them is wrong.
Our moat model scores it 14 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 37.7 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
HOV dividend history
No individual payments are on record for this listing, so the current facts above are all we can honestly show.
HOV earnings and analyst estimates
Recommendation mix, 1 analyst rating
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About Hovnanian Enterprises, Inc.
Hovnanian Enterprises, Inc., through its subsidiaries, designs, constructs, markets, and sells residential homes in the United States. It offers single-family detached homes, attached townhomes and condominiums, urban infill, and active lifestyle homes with amenities, such as clubhouses, swimming pools, tennis courts, tot lots, and open areas. The company markets and builds homes for first-time buyers, move-up buyers, luxury buyers, active lifestyle buyers, and empty nesters. It also provides mortgage loans and title services. Hovnanian Enterprises, Inc. was founded in 1959 and is based in Matawan, New Jersey.
Super investor ownership
7 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Renaissance Technologies, RENAISSANCE TECHNOLOGIES LLC$18.12M · 0.0% of book
- D. E. Shaw, D. E. Shaw & Co., Inc.$12.23M · 0.0% of book
- Two Sigma, TWO SIGMA INVESTMENTS, LP$7.80M · 0.0% of book
- Cliff Asness, AQR CAPITAL MANAGEMENT LLC$3.78M · 0.0% of book
- Israel Englander, MILLENNIUM MANAGEMENT LLC$2.20M · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
Common questions
Is Hovnanian Enterprises, Inc. (HOV) undervalued?
Against our discounted cash flow estimate of USD117.85, HOV at USD127.33 is 7% above fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.
Which funds own HOV?
7 of the institutions we track reported a position in HOV in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is HOV's P/E ratio?
HOV trades at 37.7 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
When does HOV report earnings next?
Hovnanian Enterprises, Inc. is scheduled to report on 20 Aug 2026. Companies move earnings dates, so read it as scheduled rather than certain.
The full research page for HOV, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.