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The Latest Breaking News from Lennar

KB Home Beats, Following Lennar, But Notes Sales Slowdown

Homebuilder KB Home on Wednesday reported second-quarter earnings and a full-year outlook that beat expectations.

Investors Business Daily

Stock Market Rebounds After A Week Of Losses; Tesla, Kellogg, Tech Stocks Jump

The stock market rebounded Tuesday after a week of heavy losses. Tesla and Kellogg jumped on company news.

Investors Business Daily

U.S. Markets Open Higher; Lennar Earnings Top Views

U.S. stocks traded higher this morning, with the Dow Jones gaining more than 500 points on Tuesday.

Benzinga

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Read How Homebuilder Lennar Fared In Q2

Lennar Corp (NYSE:LEN) reported second-quarter FY22 sales growth of 30% year-on-year to $8.36 billion, beating the consensus of $8.11 billion. Homebuilding revenues rose 33% Y/Y. Home deliveries for the quarter increased 14% Y/Y to 16,549. New orders increased 4% to 17,792 homes. Backlog rose 16% to 28,624 homes. Homebuilding costs and expenses increased…

Benzinga

Dow Jones Jumps: Tesla Soars Despite Job Cuts; Kellogg Pops On Breakup Plan

Stocks roared higher Tuesday. Elon Musk plans Tesla job cuts, with TSLA stock soared. Kellogg will split into 3 companies.

Investors Business Daily

Where Lennar Stands With Analysts

Within the last quarter, Lennar (NYSE:LEN) has observed the following analyst ratings:

Benzinga

Revealed: top US corporations raising prices on Americans even as profits surge

A Guardian analysis uncovers how companies enriched themselves and their investors while boasting about jacking up prices

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Friday Is Your Last Chance To Buy Lennar Before The Dividend Payout

Friday marks the last chance for investors to receive the next dividend payout from Lennar (NYSE:LEN).

Benzinga

Expert Ratings for Lennar

Over the past 3 months, 13 analysts have published their opinion on Lennar (NYSE:LEN) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Benzinga

3 Housing Stocks to Avoid as Mortgage Rates Surge

Since mortgage rates are rising faster than expected, mortgage application volume is falling sharply. This is causing home sellers to lower their prices. Since the housing sector might continue witnessing a downtrend in the near term, we think it could be wise to avoid fundamentally weak housing stocks D.R. Horton…

StockNews.com

Lennar Stock Gains After Q1 Results Beats Expectation

Lennar Corporation (NYSE:LEN) reported first-quarter FY22 revenue growth of 16.5% year-over-year to $6.20 billion, beating the consensus of $6.08 billion. Deliveries increased 2% Y/Y to 12,538 homes; New orders increased 1% Y/Y to 15,747 homes; new orders dollar value increased 19% Y/Y to $7.8 billion. Adjusted EPS was $2.70, above…

Benzinga

What 7 Analyst Ratings Have To Say About Lennar

Over the past 3 months, 7 analysts have published their opinion on Lennar (NYSE:LEN) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Benzinga

Earnings Preview: Lennar

Lennar (NYSE:LEN) is set to give its latest quarterly earnings report on Wednesday, 2022-03-16. Here's what investors need to know before the announcement. Analysts estimate that Lennar will report an earnings per share (EPS) of $2.60.

Benzinga

Preview: Lennar's Earnings

Benzinga

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2 Homebuilding Stocks to Buy in February, 2 to Avoid

House prices hit record highs in 2021 on robust demand and low-interest rates. And the trend is expected to continue in 2022. Thus, it could be profitable to invest in homebuilding stocks NVR, Inc (NVR) and Hovnanian (HOV). However, supply shortages and rising mortgage rates might adversely impact fundamentally bleak…

StockNews.com

Better Buy for 2022: Lennar vs. D.R. Horton

With more people seeking to upgrade their living spaces, the demand for home building products and services is expected to rise. So, Lennar Corporation (LEN) and D.R. Horton, Inc. (DHI) should benefit. But which of these two stocks is a better buy now? Read more to find out.

Benzinga

Lennar: Dividend Insights

Tuesday marks the last chance for investors to receive the next dividend payout from Lennar.

Benzinga

What 6 Analyst Ratings Have To Say About Lennar

Within the last quarter, Lennar (NYSE:LEN) has observed the following analyst ratings:

Get all your
news in one place.

100’s of premium titles.
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Benzinga

What 5 Analyst Ratings Have To Say About Lennar

Within the last quarter, Lennar (NYSE:LEN) has observed the following analyst ratings:

Benzinga

KeyBanc Downgrades Lennar - Read Why

KeyBanc analyst Kenneth Zener downgraded Lennar Corp (NYSE:LEN) to Underweight from Sector Weight with an $86 price target, implying a 13% downside. The analyst thinks builders' operational success cannot offset cyclical tailwinds ebbing in time. Lennar's "low" P/E multiples partly discount "peak" margins, with book value at 1.7-times now in line with historic levels, Zener…

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