HOV Hovnanian Enterprises Inc. Downgrades Fiscal Results in Third Quarter
HOV Hovnanian Enterprises Inc.
Shares of Hovnanian Enterprises Inc. were down for the fourth straight day on Thursday. The home builder narrowing its fiscal third-quarter loss wasn't enough to impress Wall Street.
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ABOUT Hovnanian Enterprises
Hovnanian Enterprises, Inc. engages in homebuilding and financial services businesses in the United States. The company designs, constructs, markets, and sells single-family detached homes, attached townhomes and condominiums, mid-rise and high-rise condominiums, urban infill, and active adult homes. It markets and builds homes for first-time buyers, first-time and second-time move-up buyers, luxury buyers, active adult buyers, and empty nesters. The company offers homes for sale in 284 communities in 44 markets in 18 states in the United States. It also provides various financial services, including originating mortgages from homebuyers, and title insurance activities. Hovnanian Enterprises was founded in 1959 and is headquartered in Red Bank, New Jersey.
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