| 5.94 Data as of May 22 | +0.10 / +1.71%Today’s Change | 1.52 Today|||52-Week Range 7.43 | -15.14% Year-to-Date |
| SECTOR Consumer Durables | INDUSTRY Homebuilding | MARKET CAP $727.0M |
Company Description
Hovnanian Enterprises, Inc. is a homebuilding company, which designs, constructs, markets and sells single-family homes attached townhomes and condominiums, urban infill and active adult homes in planned residential developments. It consists of two distinct operations: Homebuilding and Financial Services. The Homebuilding operations consist of six segments: Northeast, Mid-Atlantic, Midwest, Southeast, Southwest and West. The Financial Services operations provide mortgage loans and title services to the customers of homebuilding operations. The company was founded by Kevork S. Hovnanian in 1959 and is headquartered in Red Bank, NJ.
Employees

Shareholders
| Other institutional | 27.20% |
| Mutual fund holders | 19.26% |
| Individual stakeholders | 14.44% |
Top Executives
| Ara K. Hovnanian | Chairman, President & Chief Executive Officer |
| Thomas J. Pellerito | Chief Operating Officer |
| J. Larry Sorsby | Chief Financial Officer, Director & Executive VP |
| David L. Bachstetter | Vice President |
| Laura C. Dempsey | Vice President |