Hovnanian Enterprises, Inc.

NYSE•HOV

CEO: Mr. Ara K. Hovnanian

セクター: Consumer Cyclical

業種: Residential Construction

上場日: 1983-09-07

Hovnanian Enterprises, Inc., through its subsidiaries, designs, constructs, markets, and sells residential homes in the United States. It offers single-family detached homes, attached townhomes and condominiums, urban infill, and active lifestyle homes with amenities, such as clubhouses, swimming pools, tennis courts, tot lots, and open areas. The company markets and builds homes for first-time buyers, first-time and second-time move-up buyers, luxury buyers, active lifestyle buyers, and empty nesters. It also provides mortgage loans, title insurance, and homeowner's insurance services. The company was founded in 1959 and is headquartered in Matawan, New Jersey.

連絡先情報

90 Matawan Road, Fifth Floor, Matawan, NJ, 07747, United States

732-747-7800

www.khov.com

時価総額

$550.12M

PER (TTM)

12.3

配当利回り

52週高値

$162.06

52週安値

$81.15

52週レンジ

32%

順位50Top 68.9%

3.1

F-Score

改良版 Piotroski 分析

10年ファンダメンタル

弱い • 3.1 / 9 ポイント

スコアレンジ (0-9)

8-9: 価値が優れている

6-7: 基礎体質が強い

4-5: 全体的に堅調

0-3: パフォーマンスが弱い

データ期間: 2016-2025

財務ダッシュボード

Q1 2026 データ

売上高

$631.95M+0.00%

直近4四半期の推移

EPS

$2.80+0.00%

直近4四半期の推移

フリーCF

$132.12M+0.00%

直近4四半期の推移

2026 Q1 決算ハイライト

主なハイライト

Land Sales Revenue Jumps Land sales revenue reached $34.7M, a substantial increase from $6.8M reported last year period.

Net Contracts Show Growth Domestic net contracts increased 3.1% for the quarter, driven by aggressive QMI home sales strategy.

KSA Consolidation Yields Gain Recognized $26.8M gain from consolidating the remaining interest in the KSA joint venture effective January 1.

Strong Liquidity Position Maintained Total liquidity reached $471.4M, supported by $339.9M in homebuilding cash and cash equivalents.

リスク要因

Gross Margin Significantly Compressed Homebuilding gross margin fell to 10.1% from 15.2% due to increased use of mortgage rate buydowns.

Contract Backlog Value Drops Domestic contract backlog dollars decreased 16.0% to $782.7M compared to the prior year period end.

High Mortgage Rates Persist Affordability remains challenging for homebuyers due to persistently high mortgage rates impacting market sentiment.

Inventory Write-Offs Incurred Inventory impairments and land option write-offs totaled $2.4M expense for the three months ended January 31.

見通し

Prioritizing Sales Pace Over Margin Management remains focused on driving sales pace through incentives rather than achieving higher gross margin percentages.

Capital Deployment Strategy Spent $180.7M on domestic land purchases and development while repurchasing $9.0M of common stock.

New Long-Term Incentive Plan Board approved 2026 LTIP with performance-based vesting conditions for awards vesting through October 2028.

Debt Structure Evaluation Ongoing Company continues to analyze capital structure to reduce leverage and extend debt maturities opportunistically.

同業比較

売上高 (TTM)

AXL

$5.84B

-4.7%

BLMN

$3.96B

+3.4%

HOV

$2.94B

-4.8%

粗利益率 (最新四半期)

CARS

98.0%

-14.2pp

HOV

97.0%

+76.5pp

YSG

78.4%

+2.3pp

主要指標

銘柄コード	時価総額	PER (TTM)	ROE (TTM)	負債比率
GRBK	$2.83B	9.0	17.7%	13.2%
AXL	$1.02B	-31.2	-3.0%	2.0%
LGIH	$954.24M	13.1	3.5%	42.2%

長期トレンド

直近4四半期

売上高

純利益

営業キャッシュフロー

4四半期売上高CAGR

-2.7%

横ばい

4四半期純利益CAGR

1.9%

収益性の緩やかな改善

キャッシュフロー安定性

100%

優れたキャッシュフローの実績

深度リサーチ

次回決算:2026年5月18日

EPS:-

売上高:-

財務データ

決算説明会

財務レポート

ニュース

損益計算書

バランスシート

キャッシュフロー計算書

財務比率

変化率

損益計算書	直近12ヶ月

データなし