HOV · Hovnanian Enterprises Inc
$118.13
-9.54 (-7.47%)
At close · Aug 20
Market Cap
$748.09M
Shares
5.86M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$118.13
Open$119.99
Day$106.41–121.27
52W close$94.11–155.71
Avg vol 30d141K
Short int335K · 5.7% float · 1.9d
Short vol76%
Last earningsAug 20, 2026
DataJan 2020–Aug 2026
Filing10-Q · Jun 2
Up next
Next earnings call
Nov 16, 2026
Est · unconfirmed
· in 12 wks
FQ4-26 quarter ends
~Oct 31, 2026
Est
filed Jun 2, 2026
AI Brief
TL;DR.
Bullish
Bearish
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Ask ALVIS about this →Equibles Rating
blended score · not investment adviceOverall
Sell
SellHoldBuy
Technical
Neutral
Momentum
Weak
Sentiment
Neutral
Fundamentals
Fair
Quant / Vol
Very High
Market backdrop
VIX 14.9 · calm
Equity put/call 0.52
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
+0%
above
Price vs 50-day avg
−10%
below
RSI (14)
38
neutral
MACD trend
Negative
52-week position
39%
mid-range
Volume (OBV)
Confirms
volume backs price
Momentum
relative strength
1-month return
−10%
trailing
6-month return
−6%
trailing
YTD return
+21%
this year
Relative strength
−17%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $131 › 200d $118 — 50d above 200d
Institutional flow
Accumulating
+13% holders QoQ · +49 funds added
Insider flow
Distributing
Net -$1.8M over 90 days · 100% sells
Short interest
Rising
5.72% of float · ▲ +1.5% MoM · 1.9 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
179 holders — near 3-yr high, broad support
Squeeze score
58
elevated · 0–100
Fundamentals
Revenue growth
−1%
Y/Y
EPS growth
−77%
Y/Y
Free cash flow
$166.2M
Buyback
$57.9M
remaining
Balance sheet
$431.4M
net debt
Quant / Vol
risk profile
Volatility
63%
annualized · 1-yr
Max drawdown
−40%
past year
ATR
6.3%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the Earnings Call filed Aug 20, 2026
fourth quarter
Total revenues
$800M – $900M
prior qtr $667.65M
midpoint +27.3% QoQ
SG&A as a percentage of total revenues
10.5% – 11.5%
the fourth quarter
Total revenues
$800M – $900M
Income from joint ventures
$10M – $20M
SG&A as a percentage of total revenues
10.5% – 11.5%
Adjusted EBITDA
Non-GAAP
$50M – $65M
Prior guidance
period ended
· from the 8-K filed Feb 25, 2026
Total revenues
· second quarter of fiscal 2026
$625M – $725M
Adjusted homebuilding gross margin
· second quarter of fiscal 2026
13% – 14%
Adjusted income before income taxes
· second quarter of fiscal 2026
$0 – $10M
Adjusted EBITDA
· second quarter of fiscal 2026
$30M – $40M
Guided vs delivered
· last 5 settled
Total revenues
first quarter of fiscal 2026
guided $550M – $650M
$631.95M
In line
Total revenues
fourth quarter of fiscal 2025
guided $750M – $850M
$817.9M
In line
Total revenues
second quarter of '24
guided $675M – $775M
$708.38M
In line
Total revenues
first quarter of fiscal '24
guided $525M – $625M
$594.2M
In line
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Neutral
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
+0%
Bullish
Price vs 50-day avg
−10%
Bearish
RSI (14)
38
Neutral
MACD trend
Negative
Bearish
52-week position
39%
Neutral
Volume (OBV)
Confirms
Neutral
Market signals — smart money & positioning
Mixed
Trend (MA cross)
No cross
50d $131 › 200d $118 — 50d above 200d
Institutional flow
Accumulating
+13% holders QoQ · +49 funds added
Insider flow
Distributing
Net -$1.8M over 90 days · 100% sells
Short interest
Rising
5.72% of float · ▲ +1.5% MoM · 1.9 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
179 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $94
Now $118 · 39%
Range high $156
vs 200-day avg +0%
vs 50-day avg -10%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| (Loss) before income taxes excluding land-related charges non-GAAP | $2.3M | the third quarter of fiscal 2026 | — |
| (Loss) income before income taxes, excluding land-related charges and gain on extinguishment of non-GAAP | $37.9M | the nine months ended July 31, 2026 | — |
| Adjusted EBIT Return on Adjusted Investment non-GAAP | 13.1% | TTM ended July 31, 2026 | — |
| Adjusted EBIT ROI non-GAAP | 13.1% | trailing twelve-month period | — |
| Adjusted EBIT ROI (trailing twelve-month) non-GAAP | 13.1% | the trailing twelve-month period | — |
| Adjusted EBITDA non-GAAP | $136.1M | the first nine months of fiscal 2026 | — |
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| Adjusted EBITDA to interest incurred non-GAAP | 1.49 | Nine Months Ended July 31, 2026 | — |
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| Consolidated domestic contracts | 1,155 | the third quarter of fiscal 2026 | — |
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| Consolidated domestic contracts per community | 9.4 | Q3 FY2026 | — |
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| Dollar value of consolidated domestic contract backlog | $881.9M | as of July 31, 2026 | — |
| Dollar value of domestic contract backlog, including domestic unconsolidated joint ventures | $1.16B | as of July 31, 2026 | — |
| Domestic community count (including domestic unconsolidated joint ventures) | 147 | as of July 31, 2026 | — |
| Domestic contracts per community (including domestic unconsolidated joint ventures) | 9.2 | the three months ended July 31, 2026 | — |
| Domestic contracts, including domestic unconsolidated joint ventures | 1,359 | the three months ended July 31, 2026 | — |
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| domestic land and land development spending | $644.9M | first nine months of fiscal 2026 | — |
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| Domestic unconsolidated joint ventures sale of homes revenues | $353.9M | the first nine months of fiscal 2026 | — |
| EBITDA | $124.5M | the first nine months of fiscal 2026 | — |
| Gross domestic contract cancellation rate (consolidated) | 19% | the quarter ended July 31, 2026 | — |
| Gross domestic contract cancellation rate (including domestic unconsolidated joint ventures) | 18% | the third quarter of fiscal 2026 | — |
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| gross domestic contract cancellation rate for consolidated contracts | 19% | the quarter ended July 31, 2026 | — |
| Homebuilding gross margin percentage, before cost of sales interest expense and land charges non-GAAP | 14.2% | the nine months ended July 31, 2026 | — |
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| Homebuilding gross margin, before cost of sales interest expense and land charges non-GAAP | $99.47M | Three Months Ended July 31, 2026 | — |
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| lots put under option or acquired | 3,000 | Q3 FY2026 | — |
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| Lots put under option or acquired in domestic consolidated communities | 3,000 | the third quarter of fiscal 2026 | — |
| net income return on inventory | 1% | trailing twelve-month period | — |
| Net income return on inventory (trailing twelve-month) | 1% | the trailing twelve-month period | — |
| Number of consolidated domestic communities | 123 | as of July 31, 2026 | — |
| optioned lots percentage | 87% | end of the third quarter of fiscal 2026 | — |
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| QMIs per community | 6.7 | as of July 31, 2026 | — |
| Total domestic controlled consolidated lots | 34,373 | as of July 31, 2026 | — |
| Total domestic finished QMIs | 194 | as of July 31, 2026 | — |
| Total domestic QMIs | 820 | as of July 31, 2026 | — |
| Total liquidity | $379.8M | as of July 31, 2026 | — |
| Common stock repurchased | 90,507 | the second quarter of fiscal 2026 | — |
| Domestic consolidated communities with lots put under option or acquired | 25 | the second quarter of fiscal 2026 | — |
| Domestic contract cancellation rate | 17% | the quarter ended April 30, 2026 | — |
| Domestic contracts per community | 11.3 | the three months ended April 30, 2026 | — |
| Income before income taxes excluding land-related charges and gain on extinguishment of debt, ne non-GAAP | $40.2M | the six months ended April 30, 2026 | — |
| Our adjusted earnings before interest and income taxes return on investment (Adjusted EBIT ROI) non-GAAP | 15.9% | the trailing twelve-month period | — |
| Our net income return on inventory | 2.1% | the trailing twelve-month period | — |
| The gross domestic contract cancellation rate for consolidated contracts | 17% | the quarter ended April 30, 2026 | — |
| Years’ supply | 6.5 | April 30, 2026 | — |
| Domestic unconsolidated joint ventures sale of homes (homes) | 118 | first quarter of fiscal 2026 | — |
| Income before income taxes excluding land-related charges non-GAAP | $31.1M | first quarter of fiscal 2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Residential Construction — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
HOV
this stock
Hovnanian Enterprises Inc
|
$748.09M | +21.1% | -0.9% | — | 5.7% |
|
DHI
Horton D R Inc /De/
|
$42.49B | +2.3% | -6.9% | 14.5 | 3.8% |
|
PHM
Pultegroup Inc/Mi/
|
$24.50B | +8.9% | +11.8% | 13.4 | 4.9% |
|
LEN
Lennar Corp /New/
|
$21.03B | -16.9% | -3.5% | — | 7.0% |
|
NVR
Nvr Inc
|
$17.11B | -13.6% | -1.9% | 16.7 | 4.3% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
Earnings & Events
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| HOV | -13.4% | -9.7% | -6.0% | -4.7% | +21.1% |
| SPY | -2.0% | +3.3% | +11.2% | +2.1% | +11.8% |
| vs SPY | -11.4% | -13.1% | -17.1% | -6.7% | +9.3% |
Capital returns
Buyback program
· as of Apr 30, 2026
Authorized
$67.40M
Spent (derived)
$9.50M
Remaining
$57.90M
Spent
Remaining
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.
Key facts
CIK
357294
CUSIP
442487401
13F (30d)
170 filings
167 filers
Visit website
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