Hovnanian Enterprises, Inc. Class A Stock News

The home builder swung to a third-quarter loss as it continues to navigate a challenging housing market.

Met or Exceeded Guidance on Nearly All Metrics Provided Gross Margins Improved Sequentially for Second Quarter in a Row The Dollar Value of Consolidated Domestic Backlog Increased 5% Year Over Year

ATLANTIC CITY, N.J., Aug. 14, 2026 (GLOBE NEWSWIRE) -- K.

K. Hovnanian Middle East begins its next chapter as the Saudi developer deepens its investment in the Kingdom, reinforcing its long-term commitment to Saudi Arabia and Vision 2030 K. Hovnanian Middle East begins its next chapter as the Saudi developer deepens its investment in the Kingdom, reinforcing its long-term commitment to Saudi Arabia and Vision 2030

Just being cheap isn't enough to attract hot money — there also has to be some belief that Wall Street vultures are circling. But now there's reason to think that, after two years of underperformance, more longer-term investors will be looking for bargains in the home-builder sector.

The home builder posted a loss of $284,000 for its second quarter ended April 30, compared with a profit of $19.7 million a year earlier.

Met or Exceeded Guidance on Nearly All Metrics Provided Gross Margins Improved Sequentially Following First Quarter Trough 2% Year-Over-Year Increase in Total Domestic Contracts $442 Million of Total Liquidity Well in Excess of Our Target Range