Lennar Corporation (LEN)
|Net Income (ttm)||3.90B|
|Ex-Dividend Date||Oct 11, 2023|
|Day's Range||127.94 - 131.67|
|52-Week Range||84.51 - 133.24|
|Price Target||130.89 (-0.52%)|
|Earnings Date||Dec 14, 2023|
Lennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the United States. It operates through Homebuilding East, Homebuilding Central, Homebuilding Texas, Homebuilding West, Financial Services, Multifamily, and Lennar Other segments. The company's homebuilding operations include the construction and sale of single-family attached and detached homes, as well as the purchase, development, and sale of residential land; and development, construction, and management of multifamily rental pro... [Read more]
In 2022, Lennar's revenue was $33.67 billion, an increase of 24.11% compared to the previous year's $27.13 billion. Earnings were $4.61 billion, an increase of 4.15%.Financial Statements
According to 19 analysts, the average rating for LEN stock is "Buy." The 12-month stock price forecast is $130.89, which is a decrease of -0.52% from the latest price.
MIAMI , Dec. 1, 2023 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's largest homebuilders, announced today that the Company will release earnings for the fourth quarter e...
Some economists and housing analysts say home prices will likely decline soon, just as existing home inventory is rising. According to November 22 data from real estate platform Redfin, median sale pr...
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Mortgage rates in the U.S. have soared to the highest level in more than twenty years, due to the Fed's hawkish stance and the post-pandemic surge in inflation.
Cramer's Stop Trading: Lennar
CNBC's Jim Cramer explains why he is keeping an eye on shares of Lennar.
It is no secret that Warren Buffett's baby-turned-giant, Berkshire Hathaway NYSE: BRK.A, has been piling up a record level of cash on hand. This can only mean two things are top of mind for the legend...
Mortgage rates in the U.S. have soared to the highest level in over twenty years, due to the Fed's hawkish stance.
The home-builder sector suffered a broad selloff Wednesday as a rise in Treasury yields, which highlighted concerns over generationally low housing affordability, offset data showing a big beat in new...
Everyone is aware of Warren Buffett's new position in construction and homebuilder stocks. Since you are here browsing on MarketBeat, it is safe to assume that you are not everyone and are looking to ...
High rates rock housing stocks
CNBC's Diana Olick reports on the latest for homebuilder stocks.
Shares of homebuilders took a broad beating Thursday, as mortgage rates kept rising to a 23-year high, and prompting more home buyers to back off. The iShares Home Construction ETF ITB, -4.82% dropped...
At a time when mortgage loan rates have soared to their highest levels since 2000, it might surprise you that some analysts think this is a good time to buy shares of large home builders. But there ar...
Homebuilder stocks take a broad beating after jobs data sends Treasury yields to fresh 16-year highs
Shares of homebuilders were taking a broad beating Friday, after the stronger-than-expected jobs data sent Treasury yields to fresh 16-year highs, making new homes less affordable. The iShares U.S. Ho...
Housing stocks in the red as bond yieds and mortgage rates rise
CNBC's Diana Olick joins 'Closing Bell' to discuss the pressure the higher mortgage and bond yield rates are having on the housing market.
Homebuilder stocks under pressure amid rising rates
The current interest rate environment is driving mortgage rates higher, which in turn are having their own effect on homebuilder stocks, such as D.R. Horton (DHI), Lennar (LEN), and PulteGroup (PHM).
MIAMI , Sept. 27, 2023 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's leading homebuilders, announced that its Board of Directors has declared a quarterly cash dividend ...
Higher rates are never a good thing for the housing market, says HousingWire's Logan Mohtashami
Logan Mohtashami, HousingWire lead analyst, joins 'Squawk on the Street' to discuss the latest existing home sales data, whether the analyst is modeling any relief on rates, and more.
The numbers: Sales of newly built homes in the U.S. fell in August as interest rates and home prices stayed elevated, dampening buyer demand.
Homebuilder stocks take a broad beating as rising long-term interest rates raises affordability concerns
Shares of home builders took a broad beating Thursday, amid growing concerns over housing affordability as interest rates have been surging. The iShares U.S. Home Construction ETF ITB dropped 2.6% in ...
MIAMI , Sept. 20, 2023 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's leading homebuilders, announced today that Lennar's Board of Directors has increased the size of it...
Deutsche Bank analyst on the state of housing: Prices should remain stable
Joe Ahlersmeyer, Deutsche Bank analyst, joins 'The Exchange' to discuss the health of housing as housing starts fell to its lowest level since 2020 amid high mortgage rates.