Company
Hovnanian Enterprises, Inc.
Headquarters: Matawan, NJ, United States
Founded: 1959
Employees: 1,784
CEO: Mr. Ara K. Hovnanian
Market Cap
$848.0 Million
USD as of Jan. 1, 2024
Hovnanian Enterprises, Inc. Categories
United States Consumer Discretionary Residential ConstructionUnited States Consumer Discretionary United States Residential Construction
Top Competitors by Market Capitalization
Industry: Residential Construction
| Company | Market Cap (USD) |
|---|---|
| D.R. Horton, Inc. | $49.27 B |
| Lennar Corporation | $40.96 B |
| NVR, Inc. | $22.09 B |
| PulteGroup, Inc. | $21.66 B |
| Sekisui House Ltd | $14.95 B |
Detailed Description
Hovnanian Enterprises, Inc. engages in the design, construction, marketing, and sale of residential homes in the United States. It offers single-family detached homes, attached townhomes and condominiums, urban infill, and active lifestyle homes with amenities, such as clubhouses, swimming pools, tennis courts, tot lots, and open areas. The company markets and builds homes for first-time buyers, first-time and second-time move-up buyers, luxury buyers, active lifestyle buyers, and empty nesters. It also provides mortgage loans and title insurance services. The company was founded in 1959 and is headquartered in Matawan, New Jersey.
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Stocks & Indices
Hovnanian Enterprises, Inc. has the following listings and related stock indices.
Stock: NYSE: HOV wb_incandescent
Stock: FSX: HO3A wb_incandescent
Stock: OTC: HOVVB wb_incandescent
Product & Services
HomesFinancial Services
Key People
Kevork Hovnanian (Founder) Ara K. Hovnanian (Chairman President & CEO) Lou Smith (COO) J. Larry Sorsby (CFO & Executive VP)
Financials
Revenue: US$ 1.991 billion (2018)
Operating income: US$ 8.15 million (2018)
Net income: US$ 4.52 million (2018)
Total assets: US$ 1.662 billion (2018)
Total equity: US$ -453.50 million (2018)