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Dynamic quotes 
OFFON

HOVNANIAN ENTERPRISES, INC.

(HOV)
  Report
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Business Summary
Logo Hovnanian Enterprises, Inc.
Hovnanian Enterprises, Inc. is a builder of residential homes. The Company designs, constructs, markets and sells single-family detached homes, attached townhomes and condominiums, urban infill and active lifestyle homes in planned residential developments. The Company has two distinct operations: homebuilding and financial services. Its homebuilding operations consist of six segments: Northeast: New Jersey and Pennsylvania; Mid-Atlantic: Delaware, Maryland, Virginia, Washington, District of Columbia, and West Virginia; Midwest: Illinois and Ohio; Southeast: Florida, Georgia and South Carolina; Southwest: Arizona and Texas, and West: California. Its financial services operations provide mortgage loans and title services to the customers of its homebuilding operations. 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.

Number of employees : 1 697 people.
Sales per Business
20192020Delta
USD (in Million)%USD (in Million)%
Homebuilding1,96197.5%2,27197.1% +15.82%
Financial Services54.152.7%72.163.1% +33.26%
Corporate and Unallocated1.740.1%0.4670% -73.19%
Sales per region
20192020Delta
USD (in Million)%USD (in Million)%
United States2,017100.2%2,344100.2% +16.21%
Managers
NameAgeSinceTitle
Ara K. Hovnanian632009Chairman, President & Chief Executive Officer
J. Larry Sorsby652010Chief Financial Officer, Director & Executive VP
Paul Marabella--Chief Information Officer & Vice President
Edward Kangas752003Independent Director
Robert B. Coutts702006Independent Director
Joseph A. Marengi662006Independent Director
Vincent Pagano692013Independent Director
Bonnie Stone Sellers672018Independent Director
David L. Bachstetter442015Treasurer & Vice President-Finance
Elizabeth Tice--Secretary, Vice President & Corporate Counsel
Members of the board
NameAgeSinceTitle
Ara K. Hovnanian632009Chairman, President & Chief Executive Officer
Edward Kangas752003Independent Director
J. Larry Sorsby652010Chief Financial Officer, Director & Executive VP
Robert B. Coutts702006Independent Director
Joseph A. Marengi662006Independent Director
Vincent Pagano692013Independent Director
Bonnie Stone Sellers672018Independent Director
Equities
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 6,663,155 4,801,136 72.1% 470,430 7.1% 66.4%
Stock B 10 657,554 62,777 9.5% 27,669 4.2%
Stock C 0 5,600 0 0.0% 0 0.0%
Shareholders
NameEquities%
Renaissance Technologies LLC 248,615 4.50%
D. E. Shaw & Co. LP 248,544 4.50%
JPMorgan Investment Management, Inc. 220,137 3.98%
Kevork S. Hovnanian Family LP 212,932 3.85%
Philadelphia Financial Management of San Francisco LLC 211,315 3.82%
Park West Asset Management LLC 203,426 3.68%
The Vanguard Group, Inc. 194,124 3.51%
EARNEST Partners LLC 152,162 2.75%
Avenue Capital Management II LP 149,776 2.71%
Brookfield Public Securities Group LLC 140,200 2.54%
Company contact information
Hovnanian Enterprises, Inc.
90 Matawan Road
5th Floor
Matawan, NJ 07747

Phone : +1.732.747.7800
Web : http://www.khov.com
Sector Residential Builders - Single Homes
1st jan.Capitalization (M$)
HOVNANIAN ENTERPRISES, INC.178.00%516
LENNAR CORPORATION21.41%28 314
NVR, INC.15.48%17 134
M.D.C. HOLDINGS, INC.7.47%3 758
MERITAGE HOMES CORPORATION15.06%3 640
TRI POINTE HOMES, INC.28.17%2 618
M/I HOMES, INC.41.39%1 828
HEXAOM17.79%390
HUSCOMPAGNIET A/S-5.44%384