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Discontinued — last reported Q4 '23

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Other financials

Income statement

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Revenue$667.6M-2.7%
Net income-$284.0K-101%
EPS (diluted)-$0.46-119%

Balance sheet

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Cash & equivalents$8.8M-28.5%
Total debt$942.7M+6.2%
Total equity$824.9M+0.6%
Total assets$2.8B+10.8%

Cash flow

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Operating cash flow$140.9M+352%
CapEx$3.4M-46.9%
Free cash flow$132.1M+322%

Valuation

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Market cap$807.34M+3.6%
Enterprise value$1.74B+5.2%
P/E21.7×+16.8×
P/S0.3×0.0×

Profitability

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Net margin1.3%-5.8pp
FCF margin12.2%+10.9pp

Returns & leverage

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Return on equity4.5%-24.8pp
Debt / equity1.1×+0.1×

Where this comes from

Reported directly by Hovnanian Enterprises, Inc. in its filing.

Tagged under the XBRL concept us-gaap:PaymentsOfDividends.

The source filing: Hovnanian Enterprises, Inc.’s 10-K, filed December 18, 2023.

Filed
Dec 18, 2023, 5:26 PM EST
Fiscal year
FY2023
Accession
0001437749-23-034783
Line itemYear Ended / October 31, 2023Year Ended / October 31, 2022Year Ended / October 31, 2021
Net proceeds (payments) related to mortgage warehouse lines of credit16,432(40,618)47,744
Net borrowings from senior secured notes640,925--
Payments related to senior secured notes(752,182)(103,875)(182,726)
Preferred dividends paid(10,675)(10,675)-
Treasury stock purchases(4,800)(12,222)-
Deferred financing costs from note issuances and land banking financing programs(13,870)(10,267)(2,587)
Net cash used in financing activities(261,711)(16,520)(217,273)
Net increase in cash and cash equivalents, and restricted cash and cash equivalents95,32970,7941,936

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FAQ

What is Hovnanian Enterprises, Inc.'s dividends paid?
Hovnanian Enterprises, Inc. (HOV) reported dividends paid of $2.67M in Q3 2023.
How has Hovnanian Enterprises, Inc.'s dividends paid changed year-over-year?
Hovnanian Enterprises, Inc.'s dividends paid decreased by 0.0% year-over-year, from $2.67M to $2.67M.
What does dividends paid mean?
Total cash dividends paid to common stockholders, reflecting the company's capital return policy.

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