Feed / HOV

Hovnanian Enterprises, Inc.

HOV

Consumer Cyclical · 113.23 -2.5% today

Participation confirmed · construction unavailableMarket checked 10 Sept, 15:50 GMT-4

Market read

Hovnanian Enterprises, Inc.'s move is spreading beyond its market group.

No new filing conclusion is available. 4 of 18 group members are active now; 1 filing-linked outsider is moving with the group, and 0 of 1 directly disclosed connection is confirming.

Company-2.5% todayVolume comparison unavailable
Market group4 of 18 activeHousing Construction · inactive
Disclosed network0 of 1 confirmingNo filing-linked name is confirming now
What would change this read
  • At least 12 of 18 durable members become active together.
  • Capital-flow agreement rises above 55%.
  • IBP remains aligned with the group in the next market snapshot.

Invalidation: The live read weakens if participation falls to 6 of 18 members or fewer.

Watch this read

Research brief

The story so far

Consumer Cyclical · Residential Construction

No new filing conclusion is available. 4 of 18 group members are active now; 1 filing-linked outsider is moving with the group, and 0 of 1 directly disclosed connection is confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • At least 12 of 18 durable members become active together.
  • Capital-flow agreement rises above 55%.
  • IBP remains aligned with the group in the next market snapshot.

Company research

Understand the business, not just the ticker

As of Sep 11, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations319
Usable filing statements229
Verified relationships1
Evidence supporting the case

No qualifying supportive evidence was identified.

Evidence challenging the case
  • Latest annual revenue changed -0.9% year over year.
  • Demand and volume has repeated adverse evidence across 5 filings.
Questions before a position
  • EV/sales is 48% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 10, 2026

113.23
6m-9.9%12m-19.0%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-10-31$2.8B+18.7%$85.86-2.9%
2022-10-31$2.9B+5.0%$29.00+5.2%
2023-10-31$2.8B-5.7%$26.88-0.9%
2024-10-31$3.0B+9.0%$31.79+5.1%
2025-10-31$3.0B-0.9%$7.43-1.6%

What management says matters

Persistent and emerging business drivers

Demand and volumemixed · 5 filings
The decrease in domestic contract backlog dollars and number of homes as of April 30, 2026 compared to April 30, 2025 , was primarily driven by an increase in sales of QMI homes and improved domestic contract backlog conversion.
10-Q · Jun 2, 2026
Credit and interest ratesmixed · 2 filings
It also includes interest income and interest expense resulting from interest incurred that cannot be capitalized in inventory in the homebuilding segments, as well as the gains or losses on extinguishment of debt from any debt repurchases or exchanges.
10-Q · Aug 29, 2025
Input and raw-material costspositive · 1 filings
Despite moderation in the rate of inflation during 2025, w e have also experienced price fluctuations and increased labor costs, particularly in recent fiscal years, as a result of a sharp rise in inflation across the United States.
10-K · Dec 22, 2025
Labor availability and costspositive · 1 filings
Despite moderation in the rate of inflation during 2025, w e have also experienced price fluctuations and increased labor costs, particularly in recent fiscal years, as a result of a sharp rise in inflation across the United States.
10-K · Dec 22, 2025

Valuation discipline

Descriptive valuation snapshot

Price/sales 0.3× · EV/sales 0.6×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

113.23-2.5% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:50 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for HOV. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for HOV. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind HOV

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

BXBlackstone Inc.partnerDec 22, 2025

4 Table of Contents 2005 - Entered the Orlando, Florida market through our acquisition of Cambridge Homes and entered the greater Chicago, Illinois market and expanded our position in Florida and Minnesota through the acquisition of the operations of Town & C…

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 7 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

HOV is currently a Participant in the organic co-movement group Housing Construction. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.