Hovnanian Enterprises, Inc. Overview
Pro stress-test →Hovnanian Enterprises designs, constructs, markets, and sells residential homes in the United States, offering single-family detached homes, attached townhomes and condominiums, urban infill, and active lifestyle homes. The company operates across three geographic segments (Northeast, Southeast, and West) and generates approximately $3B in annual revenue.
Strategic Profile
Pro stress-test →Hovnanian combines land development, architectural design and construction services with in-house mortgage and insurance offerings to provide a comprehensive homebuying experience. The company targets diverse buyer segments from first-time buyers to luxury and active lifestyle buyers across its regional divisions.
Competitive Landscape
Pro stress-test →Competitors include Beazer Homes USA, PulteGroup, Toll Brothers, M/I Homes, LGI Homes, and D.R. Horton. Hovnanian competes as a mid-tier regional homebuilder with integrated financial services, differentiated by its tri-regional presence and diverse product offerings across price points.
Industry Context
Hovnanian Enterprises, Inc. operates in Residential Homebuilding & Construction.
Key facts
Founded: 1959 · Headquarters: Red Bank, NJ · Employees: 1,890 · Revenue: $2.98B · Market cap: $0.73B