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Security Profile
- Security Type
- Common Stock
- CUSIP
- 442487401 (prev. 442487203 )
- Market Cap
- Small Cap · $166 Million
Business: Hovnanian Enterprises, Inc., founded in 1959 by Kevork S. Hovnanian, is headquartered in Red Bank, New Jersey. The Company is one of the nation’s largest homebuilders with operations in Arizona, California, Delaware, Florida, Georgia, Illinois, Maryland, Minnesota, New Jersey, North Carolina, Ohio, Pennsylvania, South Carolina, Texas, Virginia, Washington, D.C. and West Virginia. The Company’s homes are marketed and sold under the trade names K. Hovnanian Homes, Brighton Homes and Parkwood Builders. As the developer of K. Hovnanian’s Four Seasons communities, the Company is also one of the nation’s largest builders of active adult homes.
Notes: March 29, 2019 -- Hovnanian Enterprises, Inc. (NYSE: HOV) announced today the completion of a 1-for-25 reverse stock split of the Company’s outstanding and treasury shares of its Class A common stock and Class B common stock, together with a proportionate reduction in the number of authorized shares of each such class. The reverse stock split became effective at 12:01 am on March 29, 2019 and the Company’s shares of Class A common stock will begin trading on a split adjusted basis on the New York Stock Exchange) when the market opens on March 29, 2019 under the Company’s existing symbol “HOV.” The Company’s Class A common stock has been assigned a new CUSIP number of 442487401 and the Company’s Class B common stock has been assigned a new CUSIP number of 442487500 in connection with the reverse stock split.
Company Contact
- CEO
- Ara K. Hovnanian
- CFO
- J. Larry Sorsby
- Headquarters
- 90 Matawan Road, Fifth Floor, Matawan, NJ
- Phone
- 732-747-7800
- Investor Relations
- Jeffrey T. O'Keefe · 732-383-2702 · jokeefe@khov.com