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  • HOVNANIAN ENTERPRISES INC Profile

    Gimme shelter. Hovnanian Enterprises designs, builds, and markets single-family detached homes, condominiums, and townhomes for first-time, move-up, and luxury buyers as well as for empty-nesters and active adults. Hovnanian builds about 15,000 homes a year, with base prices ranging from $36,000 to $3 million and averaging about $338,000. The company operates in about 20 states, primarily operating along the East Coast and in the Midwest, California, and Texas. Its K. Hovnanian American Mortgage unit offers mortgage financing and title services. Members of the Hovnanian family control more than 90% of the Hovnanian Enterprises.
    Ara K. Hovnanian
    CEO
    110 W. Front St.

    Red Bank, NJ 07701

    http://www.khov.com

    Phone: 732-747-7800

    Fax: 732-747-6835
    Sector: Industrial Goods Industry: Materials & Construction
  • 2007 Sales 2007 Sales Growth 2007 Net Income 2007 Employees
    $4,798,900,000 -21.9% $-627,100,000 4,318

  • Key Executives: HOV

    Name Title Officer Since
    Ara K. Hovnanian CEO 12/1/81
    J. Larry Sorsby CFO 1/1/97
    Paul W. Buchanan Chief Accounting Officer -
    Peter S. Reinhart General Counsel -
    Edward A. Kangas Director 9/1/02
    John J. Robbins Director 1/1/01
    Kevin C. Hake Divisional Senior VP/Treasurer -
    Kevork S. Hovnanian Founder/Chairman of the Board/Director 1/1/67
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  • Top Competitors: HOV

    View Detailed Competitors Chart

  • Insider Trends: HOV

    Sentiment for HOV is POSITIVE
    • 0M
    • 2M
    • 4M
    • 6M
    • Market Value of Insider Sales
    • Market Value of Insider Purchases
    Total dollar value of all insider purchases and sales over 12 months
    View All Insider Sentiment

  • Insider Transactions: HOV

    Date Name Shares Transaction Type Market Value
    05/08/08 BUCHANAN PAUL W 15,000 Exercise of Stock Options $65,157.00
    04/21/08 BUCHANAN PAUL W 5,000 Sale $58,500.00
    04/15/08 HOVNANIAN ARA K 27,700 Sale $305,290.22
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  • Ownership Breakdown : HOV

    Large Block Holder Type Number  
    Institutions 182.00
     
    Mutual Fund 205.00
    Other Major 10.00
    Full Details

  • Short Interest Volume: HOV

    Data as of 6/10/08
    Current Short Interest Shares 1.10 B
    Current Short Interest Ratio 7.70
    Float 50.65 M
    Short Interest as % of Float 47.90
    Average Daily Volume 3.08 M
    Outstanding Shares 62.05 M
    Full Details