These home-builder stocks look cheap after Berkshire's ‘vote of confidence' in the sector

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.

Market Watch • Jun 1, 2026

Hovnanian Enterprises Q2 Earnings Call Highlights

Hovnanian Enterprises NYSE: HOV reported second-quarter fiscal 2026 results that management said reflected “solid execution” in a volatile housing market, with profitability coming in at the high end or above several internal targets despite weaker year-over-year delivery volume and elevated incentives.

MarketBeat • May 21, 2026

Hovnanian Swings to Loss as Housing Market Remains Frozen

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.

WSJ • May 21, 2026

Hovnanian Enterprises Reports Fiscal 2026 Second Quarter Results

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

GlobeNewsWire • May 21, 2026

Hovnanian Enterprises, Inc. (HOV) Q2 2026 Earnings Call Transcript

Hovnanian Enterprises, Inc. (HOV) Q2 2026 Earnings Call Transcript

Seeking Alpha • May 21, 2026

Hovnanian Enterprises Announces Second Quarter Fiscal 2026 Earnings Release and Conference Call

MATAWAN, N.J., May 07, 2026 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, will release financial results for the second quarter ended April 30, 2026, the morning of Thursday, May 21, 2026. The Company will webcast its second quarter earnings conference call at 11:00 a.m. (ET) on Thursday, May 21, 2026.

GlobeNewsWire • May 7, 2026

Why Hovnanian Enterprises Remains Homes For A Large Chunk Of My Assets

Hovnanian Enterprises remains a 'strong buy' despite near-term housing market headwinds, driven by long-term supply shortages and population growth. HOV's current financials reflect industry-wide weakness: Q2 revenue is forecasted below last year, with EBITDA expected to fall from $61.3M to $30–40M. Valuation remains attractive versus peers on cash flow and EV/EBITDA, while management's disciplined deleveraging and extended debt maturities reduce risk.

Seeking Alpha • May 2, 2026

GTIS Partners and Hovnanian Enterprises Announce Closing of $200 Million Homebuilding Joint Venture Portfolio Bringing Total Portfolio To $1.5 Billion

NEW YORK, April 8, 2026 /PRNewswire/ -- GTIS Partners LP ("GTIS"), a global real estate investment firm with a focus on residential and industrial/logistics investments, and Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, today announced the closing of a $200 million joint venture to develop, construct and sell homes across a diversified portfolio of for-sale homebuilding communities. Under the joint venture, GTIS through its investment vehicles is investing $150 million of equity capital alongside Hovnanian contributing $50 million, or 25%, of the capital requirement for total build out costs projected at approximately $545 million representing $617 million in home value, raising the total home value of the GTIS-Hovnanian homebuilding joint venture to $8 billion.

PRNewsWire • Apr 8, 2026

Hovnanian Enterprises, Inc. (HOV) Presents at J.P. Morgan 2026 Global Leveraged Finance Conference Transcript

Hovnanian Enterprises, Inc. (HOV) Presents at J.P. Morgan 2026 Global Leveraged Finance Conference Transcript

Seeking Alpha • Mar 2, 2026

Hovnanian Enterprises Reports Fiscal 2026 First Quarter Results

Met or Exceeded All Guidance Metrics Provided 5% Year-Over-Year Increase in Domestic Consolidated Communities $471 Million of Total Liquidity Domestic Contracts, Including Unconsolidated Joint Ventures, Increased 11% Year-Over-Year for January and 13% for February to Date over the Same Period Last Year

GlobeNewsWire • Feb 25, 2026