HOV News and Press, Hovnanian Enterprises Inc. Class A From 07/16/20

For the first time in 50 years, mortgage rates sink below 3% as the 30-year fixed-rate mortgage averages 2.98% for the week ending July 16, 2020, according to the Freddie Mac Primary Mortgage Market Survey. More news on: iShares U.S. Home Construction ETF, D.R. Horton, Inc., Taylor Morri...

Taylor Morrison Homes (NYSE: TMHC ) surges 14%  after reporting record June sales , and the joy spreads throughout the homebuilder sector. More news on: Taylor Morrison Home Corporation, Hovnanian Enterprises, Inc., Meritage Homes Corporation, Financial stocks news, Stocks on the mo...

The mid year update After a strong market run it makes sense to consider where to take profits. Now the S&P 500 is teasing a return to January levels, let's catch up with LGI Homes ( LGIH ) and see if it is a candidate to sell (spoiler: it's not). This is a company we have reviewed a ...

Several homebuilders follow Lennar (NYSE: LEN ) up after the homebuilder beats expectations and expects deliveries to rise from fiscal Q2 levels in the last two quarters of its fiscal year. More news on: Lennar Corporation, Beazer Homes USA, Inc., Toll Brothers, Inc., Financial stocks ne...

Persistently low mortgage rates aren't helping homebuilders in today's session, with the iShares U.S. Home Construction ETF  sinking 6.5 % . More news on: Hovnanian Enterprises, Inc., Beazer Homes USA, Inc., TRI Pointe Group, Inc., Financial stocks news, News on the U.S. economy, New...

Hovnanian Enterprises, Inc. (HOV) Q2 2020 Earnings Conference Call June 4, 2020 11:00 AM ET Company Participants Jeffrey O'Keefe - Vice President, Investor Relations Ara Hovnanian - Chairman, President and Chief Executive Officer Larry Sorsby - Executive Vice President and Chie...

Hovnanian Enterprises (NYSE: HOV ) jumps 16%  after the homebuilder cuts about $20M in annual overhead costs even as its contract pace starts to improve. More news on: Hovnanian Enterprises, Inc., Financial stocks news, Earnings news and commentary, Stocks on the move, , Read m...

The following slide deck was published by Hovnanian Enterprises, Inc. in conjunction with their 2020 Q2 earnings Read more ...

Hovnanian (NYSE: HOV ): Q2 GAAP EPS of $0.60. Revenue of $538.4M (+22.2% Y/Y) The number of consolidated contracts decreased 3.8% Y/Y to 1,487 homes. Press Release More news on: Hovnanian Enterprises, Inc., Earnings news and commentary, ,

22% Year-over-Year Increase in Total Revenues 120 Basis Point Year-over-Year Improvement in Gross Margin Percentage Consolidated Contracts per Community Grew 8% Year-over-Year MATAWAN, N.J., June 04, 2020 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading nationa...