Albuty: Saudi Arabia is a Global Destination for Real Estate Investment, and NHC is Leading the Sector with a Land Portfolio Exceeding 284 Million Square Meters [Yahoo! Finance]
Hovnanian Enterprises, Inc. Class A (HOV)
US:NYSE Investor Relations:
khov.com/investor-relations
Company Research
Source: Yahoo! Finance
RIYADH, Saudi Arabia, June 05, 2025 (GLOBE NEWSWIRE) -- Mr. Mohammed Albuty, CEO of the National Housing Company (NHC), affirmed that Saudi Arabia is undergoing a significant transformation in the real estate sector, driven by the objectives of Saudi Vision 2030. He emphasized that NHC is at the forefront of this transformation as the region's largest real estate developer and the executive arm of the public sector. Albuty's remarks came during his participation at the “Capitals London” event, held alongside the Cityscape Global Exhibition, where he highlighted that NHC has played a key role in the success of raising the homeownership rate among Saudi citizens to 65% one year ahead of schedule, and aims to reach 70% by 2030. This progress has been fueled by the development of more than 600,000 residential units, half of which are expected to be completed by the end of 2025. He added that the company is currently managing 39 high-profile projects across 17 cities in Saudi Arabia,
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News
- This Home Builder's Earnings Were So Bad It Hammered All Housing Stocks [Yahoo! Finance]Yahoo! Finance
- Hovnanian Enterprises Reports Fourth Quarter and Fiscal Year 2025 ResultsGlobeNewswire
- Hovnanian Enterprises Announces Fiscal Year 2025 Earnings Release and Conference Call [Yahoo! Finance]Yahoo! Finance
- Hovnanian Enterprises Announces Fiscal Year 2025 Earnings Release and Conference CallGlobeNewswire
- Hovnanian Enterprises (NYSE:HOV) was upgraded by analysts at Zacks Research from a "strong sell" rating to a "hold" rating.MarketBeat
HOV
Earnings
- 12/4/25 - Miss
HOV
Sec Filings
- 12/22/25 - Form 10-K
- 12/18/25 - Form 4
- 12/18/25 - Form 4
- HOV's page on the SEC website