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HOVU PreMarket: $ () as of AM

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Company Profile

Hovnanian Enterprises, Inc. is a homebuilding company, which engages in the design, construction, and marketing of single-family attached town homes and condominiums, urban infill, and planned residential developments. It operates through the following segments: Homebuilding, Financial Services, and Corporate. The Homebuilding segment consists of the following geographical segments: Northeast, Mid-Atlantic, Midwest, Southeast, Southwest, and West. The Financial Services segment offers mortgage loans and title services to the customers of homebuilding operations. The Corporate segment refers to the executive offices, information services, human resources, corporate accounting, training, treasury, process redesign, internal audit, construction services, and administration of insurance. The company was founded by Kevork S. Hovnanian in 1959 and is headquartered in Matawan, NJ.