HOV News and Press, Hovnanian Enterprises Inc. Class A From 06/15/21

The scorching-hot single-family housing market has finally cooled in recent months as record-low housing supply and soaring home prices have forced potential buyers to pause their home buying search. Would-be buyers are facing an increasingly tight rental market, however, as apartment...

Hovnanian Enterprises, Inc. (HOV) Q2 2021 Earnings Conference Call June 03, 2021 11:00 AM ET Company Participants Jeff O'Keefe - Vice President-Investor Relations Ara Hovnanian - Chairman, President & Chief Executive Officer Larry Sorsby - Executive Vice President & Chief Financial Of...

The following slide deck was published by Hovnanian Enterprises, Inc. in conjunction with their 2021 Q2 earnings call. For further details see: Hovnanian Enterprises, Inc. 2021 Q2 - Results - Earnings Call Presentation

Hovnanian Enterprises ([[HOV]] -3.7%) fiscal Q2 net income of $488.7M, or $69.65 per share (includes valuation allowance reduction benefit), compared to net income of $4.1M, or $0.60 per share.Total revenue for the three months ended April 30, 2021 was $703.2M, up 30.6% Y/Y.Hom...

Hovnanian (HOV): FQ2 GAAP EPS of $69.65 (includes valuation allowance reduction benefit).Revenue of $703.16M (+30.6% Y/Y)For all of fiscal 2021, total revenues are expected to be between $2.65 billion and $2.80 billion; however, we are increasing our guidance for adjusted pretax income to be ...

31% Year-over-Year Rise in Total Revenues Gross Margin Percentage Increased 360 Basis Points Year-over-Year 85% Year-over-Year Increase in Consolidated Backlog Dollars to $1.77 Billion Raised Full Year 2021 Profitability Guidance Issued Redemption Notice for Remain...

Some people say that #timing does not matter, but it does.  If you were to #buyandhold Hovnanian Enterprises (NYSE: HOV) at a high, see it fall, and not be able to buy more on the dip like the big boys can, that would be troubling.  Over time, Stock Traders Daily has f...

MATAWAN, N.J., May 20, 2021 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, will release financial results for the second quarter ended April 30, 2021 the morning of Thursday, June 3, 2021. The Company will webcast its second quarter earnings con...

Reignited by the red-hot U.S. housing market, timber REITs and lumber producers have "caught fire" since mid-2020 as lumber prices have soared to record highs amid a historic supply shortage. Caught flat-footed by the velocity of the rebound in lumber demand from homebuilding and remo...

Timberland REIT stocks drop as lumber futures continue to skid for a second session after touching a record high about a week ago.Lumber futures ([[LB1:COM]] -14.9%) touched $1,711.20 on May 10, and have since slumped 22% to ~$1,327.00.As a result, stocks of timberland owners also retreat: We...