NYSE - Nasdaq Real Time Price USD

Lennar Corporation (LEN)

155.70

+4.63

(+3.06%)

At close: April 23 at 4:00 PM EDT

155.74

+0.04

(+0.03%)

After hours: April 23 at 7:55 PM EDT

PulteGroup (PHM) Q1 Earnings & Revenues Top, Orders Rise Y/Y

PulteGroup's (PHM) first-quarter 2024 results reflect strong deliveries and orders.

Zacks 14 hours ago

PHM
+4.57%
LEN-B

KBH
+4.66%
Housing market: Mortgage rates bear down on homebuilder stocks

Homebuilder confidence has held and remained the same in recent months as new home sales dropped. Mortgage rates have been at the root of many problems afflicting the US housing market and now they are starting to take a toll on homebuilder stocks; things could get even uglier as rates consistently move between 7% and realtors see mortgage rates going as high as 8% even. As part of Yahoo Finance's Real Estate: The New Reality special coverage this week, Wedbush Securities Equity Research SVP Jay McCanless describes the rate environment as having "gone from being pretty benign" at 2024's start to "much more negative now than we would've expected." McCanless outlines how homebuilders are operating in this rate-sensitive housing market and where he sees demand going based on the younger generations of homebuyers. "The group is carrying less debt than it was five years ago and especially ten years ago. They are building the homes certainly more efficiently than they were back then, but at the same time, it comes down to monthly payment and the builders, I think they've done a good job of trying to shrink the size of the homes that they're building, reduce the amenities that they're putting especially in some the starter homes," McCanless says. "But at the end of the day if the mortgage rate's gone up 100-something basis points like it has this year already, that's just going to reduce the size of the population that can potentially buy a home." Catch more of Yahoo Finance's Real Estate: The New Reality coverage this week, or watch this full episode here. This post was written by Luke Carberry Mogan.

Yahoo Finance Video yesterday

MTH
+4.02%
LGIH

CCS
Old Faithful Erupts... With 5 Stock Picks

Lennar tops the list

GuruFocus.com yesterday

LEN-B
PulteGroup (PHM) Q1 Home Sales Likely to be Tepid Amid Rate Woes

Solid demand and prudent investment strategies are expected to aid PulteGroup (PHM) in the first quarter. Yet, lower ASP and higher expenses are likely to have weighed on quarterly results.

Zacks yesterday

PHM
+4.57%
LEN-B

KBH
+4.66%
Lennar Stock Is Underperforming. A Director Scooped Up Shares.

Lennar stock has been underperforming the market, and one of the home builder’s directors just scooped up shares. Lennar is one of the three largest home builders in the U.S. Its shares have gained less than 2% so far this year, lagging behind the and shares of PulteGroup but outpacing those of D.R. Horton Lennar topped earnings estimates for the fiscal first quarter ended on Feb. 29, but weak guidance sent shares sliding. Lennar didn’t respond to a request to make Banse available for comment on the stock purchase.

Barrons.com 4 days ago

LEN-B
Lennar (NYSE:LEN) Could Be A Buy For Its Upcoming Dividend

Readers hoping to buy Lennar Corporation ( NYSE:LEN ) for its dividend will need to make their move shortly, as the...

Simply Wall St. 4 days ago

LEN
+3.06%
LEN-B
D.R. Horton (DHI) Stock Up on Q2 Earnings Beat, Orders Rise

D.R. Horton's (DHI) fiscal 2024 second-quarter performance benefits from limited affordable price points and favorable demographics. Inflation and mortgage/interest rates hurt.

Zacks 5 days ago

DHI
+3.47%
LEN-B

KBH
+4.66%
Homebuilder stocks close lower on weak housing starts data

Homebuilder stocks such as D.R. Horton (DHI), Toll Brothers (TOL), and Lennar (LEN) closed lower after disappointing housing starts data.  Yahoo Finance's Dani Romero discusses the data and what investors can expect from homebuilder earnings this quarter. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Stephanie Mikulich.

Yahoo Finance Video 7 days ago

XHB

ITB

PHM
+4.57%
14 Best 52-Week High Stocks To Invest In Now

This article delves into the examination of the 14 best 52-week high stocks to buy now. To explore more such companies that meet comparable criteria, go directly to 5 Best 52-Week High Stocks To Buy Now. The outlook for 2024 is positive for the economy and the stock market. Market conditions improved significantly in Q4 […]

Insider Monkey 7 days ago

LEN-B

CI

BSX
Homebuilder confidence unchanged in April on mortgage rates

Shares of major homebuilders are dipping lower after the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) reported that Homebuilder Confidence for April remained unchanged from March. It currently sits at 51. Yahoo Finance Housing Reporter Dani Romero breaks down the data and what it represents for elevated mortgage rates. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Luke Carberry Mogan.

Yahoo Finance Video 8 days ago

LEN
+3.06%
LEN-B

TOL
+5.02%
20 Metros with the Highest Gains in Active Home Inventory in the US

In this article, we will be covering 20 metros with the highest gains in active home inventory in the US. If you wish to skip our detailed analysis, you can move directly to the 5 Metros with the Highest Gains in Active Home Inventory in the US. Real Estate Inventory Overview Across the US The […]

Insider Monkey 10 days ago

LEN-B

MDC
+0.05%
TPH
3 Stocks to Supercharge Your Wealth for 2030 and Beyond

It might sound obvious, but when looking for stocks for long-term wealth in 2030 and beyond, the goal should be to find stocks poised to trade significantly higher. However, successfully capitalizing on gains over such an extended period is not obvious or simple. Certain stocks for long-term wealth can indeed be well-positioned for growth. One of the best-positioned types of investment is blue-chip companies with established track records of consistently delivering solid returns. Of course, when

InvestorPlace 10 days ago

V

MSFT

LEN-B
Why Is Lennar (LEN) Up 4.3% Since Last Earnings Report?

Lennar (LEN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Zacks 11 days ago

LEN-B
Louisiana-Pacific (LPX) and Lennar Forge Nationwide Partnership

Louisiana-Pacific (LPX) and Lennar join forces to redefine home construction, delivering quality and innovation nationwide.

Zacks 11 days ago

LEN-B

LPX
Why This 1 Momentum Stock Could Be a Great Addition to Your Portfolio

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Zacks 11 days ago

LEN-B
Lennar Corporation Declares Quarterly Dividends

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 of $0.50 per share for both Class A and Class B common stock payable on May 8, 2024 to holders of record at the close of business on April 24, 2024.

PR Newswire 13 days ago

LEN
+3.06%
LEN-B
The 3 Top Home Builder Stocks to Buy in April 2024

Home builder stocks have the potential to become extremely valuable long-term investments. With mortgage rates projected to come down, a unique opportunity exists to capitalize on the housing market rebound. Right now, valuations in the home building sector look extremely attractive. That leaves room for a significant amount of upside potential for discerning investors. Additionally, there is a housing shortage across the United States, making these companies well-positioned to meet market deman

InvestorPlace 13 days ago

DHI
+3.47%
LEN-B

TOL
+5.02%
3 Ways to Lock In Lower Mortgage Rates

With affordability expected to remain challenging for home buyers, experts say there are ways to ease the pain.

The Wall Street Journal 14 days ago

PHM
+4.57%
RDFN

RKT
Could Lennar Homes' Tiny House Community In San Antonio Be The Answer To America's Affordable Housing Crisis?

Lennar Corp., which has long been one of America's largest developers of single-family homes, is doing a brisk business selling homes at Elm Trails, a community of tiny homes in San Antonio, Texas, with prices starting in the $150,900 range. Could this new model of home building be a viable solution to America's housing affordability crisis? Benzinga looks at Elm Trails and what it could mean for the future of American housing. Affordability, Convenience And Ownership In One Of Texas's Most Famo

Benzinga 14 days ago

LEN-B
Why Lennar (LEN) is a Top Value Stock for the Long-Term

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Zacks 14 days ago

LEN-B

Performance Overview

Return	LEN	S&P 500
YTD	+5.15%	+6.30%
1-Year	+42.31%	+22.67%
3-Year	+61.42%	+22.63%

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Lennar Corporation (LEN)

PulteGroup (PHM) Q1 Earnings & Revenues Top, Orders Rise Y/Y

Housing market: Mortgage rates bear down on homebuilder stocks

Old Faithful Erupts... With 5 Stock Picks

PulteGroup (PHM) Q1 Home Sales Likely to be Tepid Amid Rate Woes

Lennar Stock Is Underperforming. A Director Scooped Up Shares.

Lennar (NYSE:LEN) Could Be A Buy For Its Upcoming Dividend

D.R. Horton (DHI) Stock Up on Q2 Earnings Beat, Orders Rise

Homebuilder stocks close lower on weak housing starts data

14 Best 52-Week High Stocks To Invest In Now

Homebuilder confidence unchanged in April on mortgage rates

20 Metros with the Highest Gains in Active Home Inventory in the US

3 Stocks to Supercharge Your Wealth for 2030 and Beyond

Why Is Lennar (LEN) Up 4.3% Since Last Earnings Report?

Louisiana-Pacific (LPX) and Lennar Forge Nationwide Partnership

Why This 1 Momentum Stock Could Be a Great Addition to Your Portfolio

Lennar Corporation Declares Quarterly Dividends

The 3 Top Home Builder Stocks to Buy in April 2024

3 Ways to Lock In Lower Mortgage Rates

Could Lennar Homes' Tiny House Community In San Antonio Be The Answer To America's Affordable Housing Crisis?

Why Lennar (LEN) is a Top Value Stock for the Long-Term

Performance Overview