Hovnanian Enterprises, Inc., through its subsidiaries, conducts all of its homebuilding and financial services operations. It has two distinct operations: homebuilding and financial services. The Homebuilding segment consists of three segments: Northeast (Delaware, Illinois, Maryland, New Jersey, Ohio, Pennsylvania, Virginia and West Virginia); Southeast (Florida, Georgia and South Carolina), and West (Arizona, California and Texas). The Homebuilding segments are engaged in the sale and construction of single-family attached and detached homes, attached town homes and condominiums, urban infill and active lifestyle homes in planned residential developments. It also includes sales of land. The Financial services segment provides mortgage banking and title services to homebuilding operations customers. Its financial services subsidiaries sell the mortgages and related servicing rights to investors.
Company Information
About this company
Key people
Ara K. Hovnanian
Chairman of the Board, President, Chief Executive Officer
Alexander Hovnanian
President
Brad G. O'Connor
Chief Financial Officer, Senior Vice President, Treasurer
Michael Wyatt
Chief Operating Officer
Edward A. Kangas
Lead Independent Director
J. Larry Sorsby
Director
Robert B. Coutts
Independent Director
Miriam Hernandez-kakol
Independent Director
Joseph A. Marengi
Independent Director
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Key facts
- Shares in issue6.52m
- EPICHOV
- ISINUS4424874018
- LocationUnited States
- SectorCapital Goods
- IndustryConstruction Services
- Market cap$718.36m
- Employees1,891
- ExchangeNew York Stock Exchange
- IndexTR Equity United States Index
- Website
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