HOV

Hovnanian Enterprises, Inc.

Consumer Cyclical · $566M market cap

Verdict

Share price

$116.20

close of Oct 3, 2026

Fair value

$83.99

Sticker Price

Payback Price

$33.59

buy price

Overpriced

HOV is Overpriced: at $116.20 it trades 38% above its fair value of $83.99. Its buy price (Payback Price) is $33.59, 71% below today's price. Business quality is limited: only 1 of 5 key numbers clears the 10% bar.

How we valued it

Free Cash Flow. Sales grew 1% a year over the last 3 years, below the 15% we look for in a fast grower, so we value it on its free cash flow instead of an earnings forecast.

Business quality

1 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth2.4% a year✗
Equity per share growth-6.1% a year✗
Sales growth3.4% a year✗
Free cash flow growth-0.6% a year✗
Return on invested capital30.0%✓

Follow HOV

Get notified when it reaches its buy price of $33.59. Free.

Create a free account

Insider activity

Since Jun 11, 2026: no open-market purchases, 2 sales worth $1.8M and 24 other filings (stock awards, tax withholding and similar). Why purchases matter

Sales

Other filings

HOVNANIAN ARA K

Chairman of the Board & CEO · 2026-07-15

C-Conversion

12,595 shares

HOVNANIAN ARA K

Chairman of the Board & CEO · 2026-06-12

Award

15,272 shares

HOVNANIAN ARA K

Chairman of the Board & CEO · 2026-06-12

Award

18,936 shares

HOVNANIAN ARA K

Chairman of the Board & CEO · 2026-06-12

Tax withholding

17,575 shares

Hovnanian Alexander A.

President · 2026-06-12

Award

4,400 shares

Show all 24 other filings

Hovnanian Alexander A.

President · 2026-06-12

Award

5,456 shares

O'Connor Brad G

CFO · 2026-06-12

Award

3,106 shares

O'Connor Brad G

CFO · 2026-06-12

Award

3,852 shares

Wyatt Michael P.

Chief Operating Officer · 2026-06-12

Award

4,400 shares

Wyatt Michael P.

Chief Operating Officer · 2026-06-12

Award

5,456 shares

COUTTS ROBERT B

director · 2026-06-12

Award

1,078 shares

Hernandez-Kakol Miriam

director · 2026-06-12

Award

1,078 shares

MARENGI JOSEPH A

director · 2026-06-12

Award

1,232 shares

PAGANO VINCENT JR

director · 2026-06-12

Award

1,078 shares

Sellers Robin Stone

director · 2026-06-12

Award

1,078 shares

SORSBY J LARRY

director · 2026-06-12

Award

924 shares

HOVNANIAN ARA K

Chairman of the Board & CEO · 2026-06-11

Tax withholding

16,576 shares

HOVNANIAN ARA K

Chairman of the Board & CEO · 2026-06-11

Option exercise

44,800 shares

Hovnanian Alexander A.

President · 2026-06-11

Tax withholding

4,694 shares

Hovnanian Alexander A.

President · 2026-06-11

Option exercise

8,864 shares

O'Connor Brad G

CFO · 2026-06-11

Tax withholding

$244K

O'Connor Brad G

CFO · 2026-06-11

Option exercise

4,136 shares

Wyatt Michael P.

Chief Operating Officer · 2026-06-11

Tax withholding

$243K

Wyatt Michael P.

Chief Operating Officer · 2026-06-11

Option exercise

4,136 shares

About Hovnanian Enterprises, Inc.

Hovnanian Enterprises, Inc. is a leading company focused on the entire process of developing residential properties across the United States. This includes everything from the initial design and construction to the marketing and eventual sale of homes. Their diverse housing portfolio encompasses traditional single-family detached houses, attached townhomes and condominiums, urban infill developments, and dedicated…

Residential Construction

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works