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Hovnanian Enterprises (HOV)

(Delayed Data from NYSE)

$190.03 USD

190.03
62,253

-6.76 (-3.44%)

Updated Jul 24, 2024 04:00 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

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Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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NA Value NA Growth NA Momentum NA VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Top 22% (54 out of 250)

Industry: Building Products - Home Builders

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Balance Sheet

Research for HOV

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Hovnanian Enterprises Inc falls in the month of October.

All items in Millions except Per Share data.

10/31/2023 10/31/2022 10/31/2021 10/31/2020 10/31/2019
Assets          
Cash & Equivalents 540 415 323 380 279
Receivables 28 38 40 34 45
Notes Receivable 0 0 0 0 0
Inventories 1,349 1,519 1,254 1,196 1,292
Other Current Assets 70 64 56 59 46
Total Current Assets 1,987 2,035 1,673 1,669 1,662
Net Property & Equipment 34 26 19 18 20
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 303 345 426 0 0
Intangibles 0 0 0 0 0
Deposits & Other Assets 169 156 203 141 199
Total Assets 2,493 2,562 2,321 1,827 1,881
Liabilities & Shareholders Equity 10/31/2023 10/31/2022 10/31/2021 10/31/2020 10/31/2019
Notes Payable 1,051 1,147 1,248 1,431 1,499
Accounts Payable 415 440 426 359 320
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 27 32 28 36 0
Income Taxes Payable 2 3 4 4 2
Other Current Liabilities 51 74 68 48 36
Total Current Liabilities 1,547 1,696 1,775 1,878 1,857
Mortgages 92 145 125 135 204
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 0 0 0 0 0
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 272 338 245 250 310
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 1,911 2,179 2,145 2,263 2,371
Shareholders Equity 10/31/2023 10/31/2022 10/31/2021 10/31/2020 10/31/2019
Preferred Stock 135 135 135 135 135
Common Stock (Par) 0 0 0 0 0
Capital Surplus 736 728 722 718 716
Retained Earnings -157 -352 -567 -1,175 -1,226
Other Equity 0 0 0 1 1
Treasury Stock 132 128 115 115 115
Total Shareholder's Equity 582 383 175 -436 -490
Total Liabilities & Shareholder's Equity 2,493 2,562 2,321 1,827 1,881
Total Common Equity 446 248 40 -571 -625
Shares Outstanding 6.10 5.60 5.40 6.10 6.10
Book Value Per Share 73.20 44.24 7.42 -93.67 -102.47

Fiscal Year End for Hovnanian Enterprises Inc falls in the month of October.

All items in Millions except Per Share data.

4/30/2024 1/31/2024 10/31/2023 7/31/2023 4/30/2023
Assets          
Cash & Equivalents 341 302 540 419 427
Receivables 25 24 28 33 37
Notes Receivable 0 0 0 0 0
Inventories 1,417 1,464 1,349 1,411 1,485
Other Current Assets 73 68 70 59 57
Total Current Assets 1,856 1,858 1,987 1,922 2,006
Net Property & Equipment 40 37 34 31 28
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 280 295 303 325 337
Intangibles 0 0 0 0 0
Deposits & Other Assets 143 150 169 116 113
Total Assets 2,318 2,340 2,493 2,394 2,484
Liabilities & Shareholders Equity 4/30/2024 1/31/2024 10/31/2023 7/31/2023 4/30/2023
Notes Payable 933 0 1,051 1,045 1,144
Accounts Payable 379 360 415 382 377
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 18 41 27 51 36
Income Taxes Payable 0 3 2 0 0
Other Current Liabilities 46 52 51 64 71
Total Current Liabilities 1,376 456 1,547 1,542 1,629
Mortgages 86 100 92 129 134
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 0 935 0 0 0
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 209 272 240 292
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 1,671 1,733 1,911 1,911 2,054
Shareholders Equity 4/30/2024 1/31/2024 10/31/2023 7/31/2023 4/30/2023
Preferred Stock 135 135 135 135 135
Common Stock (Par) 0 0 0 0 0
Capital Surplus 747 740 736 731 731
Retained Earnings -88 -136 -157 -252 -305
Other Equity 0 0 0 0 0
Treasury Stock 148 132 132 132 132
Total Shareholder's Equity 647 607 582 483 430
Total Liabilities & Shareholder's Equity 2,318 2,340 2,493 2,394 2,484
Total Common Equity 512 472 446 347 294
Shares Outstanding 5.90 6.10 6.10 6.00 6.00
Book Value Per Share 86.74 77.34 73.20 57.87 49.03