Edward Kangas - Hovnanian Enterprises Independent Director

HOV Stock  USD 132.39  5.91  4.27%   

Director

Mr. Edward A. Kangas is an Independent Director of the Company. Mr. Kangas was the Global Chairman and Chief Executive Officer of Deloitte from December 1989 to May 2000, when he retired. He serves as the Chairman of the Board of Deutsche Bank USA Corporation and on the Boards of Tenet Healthcare Corporation, IntelSat and Vivus, Inc. . He served as Lead Director at United Technologies from 2010 to 2018. He was on the Board of Directors of Intuit from 2007 to 2016 and AllScripts, Inc. from 2008 to 2012. Mr. Kangas is a former Chairman of the Board of the National Multiple Sclerosis Society. Mr. Kangas was elected as a Director of Hovnanian Enterprises, Inc. in September 2002, is Chairman of the Companys Audit Committee and a member of the Companys Compensation Committee and Corporationrationrate Governance and Nominating Committee. since 2002.
Age 76
Tenure 23 years
Address 90 Matawan Road, Matawan, NJ, United States, 07747
Phone732 747 7800
Webhttps://www.khov.com

Edward Kangas Latest Insider Activity

Tracking and analyzing the buying and selling activities of Edward Kangas against Hovnanian Enterprises stock is an integral part of due diligence when investing in Hovnanian Enterprises. Edward Kangas insider activity provides valuable insight into whether Hovnanian Enterprises is net buyers or sellers over its current business cycle. Note, Hovnanian Enterprises insiders must abide by specific rules, including filing SEC forms every time they buy or sell Hovnanian Enterprises'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Hovnanian Enterprises Management Efficiency

The company has Return on Asset of 0.0702 % which means that on every $100 spent on assets, it made $0.0702 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.4131 %, implying that it generated $0.4131 on every 100 dollars invested. Hovnanian Enterprises' management efficiency ratios could be used to measure how well Hovnanian Enterprises manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Hovnanian Enterprises' Return On Tangible Assets are fairly stable compared to the past year. Return On Assets is likely to climb to 0.11 in 2025, whereas Return On Capital Employed is likely to drop 0.08 in 2025. At this time, Hovnanian Enterprises' Non Current Assets Total are fairly stable compared to the past year. Non Currrent Assets Other is likely to climb to about 270.4 M in 2025, whereas Total Current Assets are likely to drop slightly above 1.7 B in 2025.
Hovnanian Enterprises has 986.89 M in debt with debt to equity (D/E) ratio of 4.21, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Hovnanian Enterprises has a current ratio of 4.77, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Hovnanian to invest in growth at high rates of return.

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Hovnanian Enterprises, Inc. engages in the design, construction, marketing, and sale of residential homes in the United States. The company was founded in 1959 and is headquartered in Matawan, New Jersey. Hovnanian Enterprises operates under Residential Construction classification in the United States and is traded on New York Stock Exchange. It employs 1784 people. Hovnanian Enterprises (HOV) is traded on New York Stock Exchange in USA. It is located in 90 Matawan Road, Matawan, NJ, United States, 07747 and employs 1,715 people. Hovnanian Enterprises is listed under Household Durables category by Fama And French industry classification.

Management Performance

Hovnanian Enterprises Leadership Team

Elected by the shareholders, the Hovnanian Enterprises' board of directors comprises two types of representatives: Hovnanian Enterprises inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Hovnanian. The board's role is to monitor Hovnanian Enterprises' management team and ensure that shareholders' interests are well served. Hovnanian Enterprises' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Hovnanian Enterprises' outside directors are responsible for providing unbiased perspectives on the board's policies.
Daniel Klinger, Pres LLC
Lucian Smith, Chief Operating Officer
Robin Sellers, Independent Director
Vincent Pagano, Independent Director
Ara Hovnanian, Chairman of the Board, President, Chief Executive Officer
Larry Sorsby, CFO, Executive VP and Director
Jeffrey OKeefe, Vice Relations
Elizabeth Tice, Corporate VP
Brad CPA, CFO Treasurer
Edward Kangas, Independent Director
Paul Marabella, Chief VP
Michael Kehoe, Pres Agencies
Michael Wyatt, Group President
Miriam Hernandezkakol, Independent Director
Joseph Riggs, Group President
Brad OConnor, Senior Vice President, Chief Accounting Officer, Treasurer
J Sorsby, Chief Financial Officer, Executive Vice President, Director
Joseph Marengi, Independent Director
Robert Coutts, Independent Director
Alexander Hovnanian, Executive Operations

Hovnanian Stock Performance Indicators

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Thematic Opportunities

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Additional Tools for Hovnanian Stock Analysis

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