Hovnanian Enterprises will announce Q4 and fiscal year results on December 5, 2024, with a webcast at 11:00 a.m. ET.
Quiver AI Summary
Hovnanian Enterprises, Inc. announced that it will release its financial results for the fourth quarter and fiscal year ending October 31, 2024, on December 5, 2024. The company will host a live webcast of its earnings conference call at 11:00 a.m. ET on the same day, accessible through the "Investor Relations" section of its website. Participants are encouraged to join the webcast early, and a replay will be available for 12 months afterward. Founded in 1959 and headquartered in Matawan, New Jersey, Hovnanian is one of the largest homebuilders in the U.S., operating across multiple states and known for its K. Hovnanian® Homes and active lifestyle communities. Additional details and investor resources can be found on their website.
Potential Positives
- Hovnanian Enterprises is set to release its financial results for the fourth quarter and fiscal year, indicating transparency and accountability to its investors.
- The scheduled earnings conference call demonstrates the company's commitment to engaging with investors and stakeholders about its performance and future outlook.
- The availability of an archived webcast allows for broader access to important financial information, aiding in investor relations.
- As one of the nation’s largest homebuilders, Hovnanian's stable presence in numerous states underlines its significant market position and brand recognition in the housing industry.
Potential Negatives
- The press release does not provide any specific financial guidance or expectations for the upcoming earnings report, which may lead to uncertainty among investors regarding the company’s performance.
- The focus on scheduling an earnings call without mentioning any significant accomplishments or improvements may indicate a lack of positive developments within the company.
FAQ
When will Hovnanian Enterprises release its fourth quarter financial results?
Hovnanian Enterprises will release its financial results on December 5, 2024.
What time is the earnings conference call scheduled?
The earnings conference call is scheduled for 11:00 a.m. ET on December 5, 2024.
Where can I access the webcast for the earnings call?
The webcast can be accessed through the “Investor Relations” section of Hovnanian's website at http://www.khov.com.
How long will the earnings call replay be available?
A replay of the earnings call will be available via webcast for 12 months after the event.
What is Hovnanian Enterprises known for?
Hovnanian Enterprises is one of the nation’s largest homebuilders, specializing in both homes and active lifestyle communities.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$HOV Insider Trading Activity
$HOV insiders have traded $HOV stock on the open market 59 times in the past 6 months. Of those trades, 0 have been purchases and 59 have been sales.
Here’s a breakdown of recent trading of $HOV stock by insiders over the last 6 months:
- ARA K HOVNANIAN (Chairman of Bd., Pres. & CEO) has traded it 45 times. They made 0 purchases and 45 sales, selling 104,621 shares.
- EDWARD A KANGAS has traded it 6 times. They made 0 purchases and 6 sales, selling 7,500 shares.
- VINCENT JR PAGANO has traded it 2 times. They made 0 purchases and 2 sales, selling 3,000 shares.
- ROBIN STONE SELLERS has traded it 2 times. They made 0 purchases and 2 sales, selling 1,990 shares.
- J LARRY SORSBY has traded it 3 times. They made 0 purchases and 3 sales, selling 4,062 shares.
- JOSEPH A MARENGI sold 4,962 shares.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$HOV Hedge Fund Activity
We have seen 94 institutional investors add shares of $HOV stock to their portfolio, and 74 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PHILADELPHIA FINANCIAL MANAGEMENT OF SAN FRANCISCO, LLC added 85,379 shares (+inf%) to their portfolio in Q3 2024
- INTRINSIC EDGE CAPITAL MANAGEMENT LLC added 55,086 shares (+inf%) to their portfolio in Q3 2024
- MORGAN STANLEY added 45,955 shares (+75.4%) to their portfolio in Q3 2024
- BRIGHTLINE CAPITAL MANAGEMENT, LLC added 33,000 shares (+68.8%) to their portfolio in Q3 2024
- GW&K INVESTMENT MANAGEMENT, LLC removed 29,365 shares (-21.2%) from their portfolio in Q3 2024
- AQR CAPITAL MANAGEMENT LLC removed 27,599 shares (-41.1%) from their portfolio in Q3 2024
- ACADIAN ASSET MANAGEMENT LLC removed 25,164 shares (-53.0%) from their portfolio in Q3 2024
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
MATAWAN, N.J., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, will release financial results for the fourth quarter and fiscal year ended October 31, 2024, the morning of Thursday, December 5, 2024. The Company will webcast its fourth quarter earnings conference call at 11:00 a.m. (ET) on Thursday, December 5, 2024.
The conference call and accompanying slide presentation will be webcast live through the “Investor Relations” section of Hovnanian Enterprises’ website at http://www.khov.com . It is suggested that participants access the webcast event page at least five minutes before the live event. For those who are not available to listen to the live webcast, an archive of the broadcast will be available under the “Past Events” section of the “Investor Relations” page on the Hovnanian website at http://www.khov.com . A replay of the call will be available via webcast on the Investor Relations section of the website for 12 months.
About Hovnanian Enterprises, Inc.
Hovnanian Enterprises, Inc., founded in 1959 by Kevork S. Hovnanian, is headquartered in Matawan, New Jersey and, through its subsidiaries, is one of the nation’s largest homebuilders with operations in Arizona, California, Delaware, Florida, Georgia, Maryland, New Jersey, Ohio, Pennsylvania, South Carolina, Texas, Virginia and West Virginia. The Company’s homes are marketed and sold under the trade name K. Hovnanian
®
Homes. Additionally, the Company’s subsidiaries, as developers of K. Hovnanian’s
®
Four Seasons communities, make the Company one of the nation’s largest builders of active lifestyle communities.
Additional information on Hovnanian Enterprises, Inc. can be accessed through the “Investor Relations” section of the Hovnanian Enterprises’ website at
http://www.khov.com
. To be added to Hovnanian's investor e-mail list, please send an e-mail to
[email protected]
or sign up at
http://www.khov.com
.
| Contact: | Brad G. O’Connor | Jeffrey T. O’Keefe |
| Senior Vice President, CFO & Treasurer | Vice President of Investor Relations | |
| 732-747-7800 | 732-747-7800 |
