|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||61.08 - 61.62|
|52 Week Range||41.52 - 63.94|
|PE Ratio (TTM)||18.05|
|Forward Dividend & Yield||0.16 (0.26%)|
|1y Target Est||N/A|
Shares of home builders have run ahead of a strong stock market, but a housing shortage could mean there’s more to come.
With the addition of Home South Communities, CalAtlantic (CAA) now owns and controls an additional 970 home sites across 17 communities.
Although it won't break ground until August 2018, Lennar Multifamily Communities is full-steam ahead on planning out its First Ward block in uptown Charlotte. LMC, the multifamily division of homebuilder Lennar Corp., acquired a block bounded by the Lynx Blue Line extension and Eighth, North College and East Ninth streets from Daniel Levine for $23 million in January. LMC, which keeps its East Coast headquarters in Charlotte, will build 549 apartments between a 33-story, 375-foot-tall high-rise and a six-story midrise building as well as about 20,000 square feet of ground-floor retail along Market Street, fronting the Lynx Blue Line Extension slated to open in March.
Most of the 12 largest construction companies in the US in 2017 have been profitable over the last twelve months, posting income in millions of dollars. According to Statista, the construction industry contributed 4% towards the U.S. GDP in 2016 and this amount has been growing steadily since 2011. The industry has maintained a significant […]
After looking at Lennar Corporation’s (NYSE:LEN) latest earnings announcement (31 August 2017), I found it useful to revisit the company’s performance in the past couple of years and assess thisRead More...
Homebuilders stocks and corresponding exchange-traded funds are performing well this year, as highlighted by a 29 percent in the S&P Homebuilders Select Industry Index. Sound fundamentals underpin the ...
Lennar's (LEN) diverse revenue mix, above-average order growth and improving SG&A leverage are expected to improve profit. However, rising land and labor costs pose a threat to the company's margins.
Alphabet and Snap bucked the market decline Tuesday, led by the Dow Jones industrials. Apple gave up an inch.
This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on November 29. Index (PMI) data, output in the Consumer Goods sector is rising.
Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on November 28. Index (PMI) data, output in the Consumer Goods sector is rising.
The U.S. housing market is, metaphorically, a house-on-fire. That spells opportunity for sector investors.
This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on November 24. Index (PMI) data, output in the Consumer Goods sector is rising.
The Zacks Analyst Blog Highlights: D.R. Horton, Lennar, Toll Brothers, KB Home and PulteGroup
Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on November 22. Index (PMI) data, output in the Consumer Goods sector is rising.
The 17 biggest construction companies in America in 2017 have been playing a vital role in the strengthening of the American economy, including being some of the biggest employment providers in the nation. As the unemployment rate declines, investment in both residential and commercial construction tends to increase, which eventually leads to a better economy. […]
The 16 biggest construction companies in the world in 2017 are leading names in the global construction and engineering market, providing construction, architectural, designing and engineering services. According to Global Construction Perspectives, the global construction market is expected to outpace global GDP growth, increasing at almost 4% annually through 2030. Construction is an important element […]
According to the latest report from NAR, existing home sales have risen 2% to a seasonally adjusted annual rate of 5.48 million in October.
Jon Rapaport, the president of Lennar Homes’ Palm Atlantic division in Florida, said wireless technology, community amenities and pricing are the keys that will keep South Florida’s highest-volume home developer selling in droves. Rapaport joined Lennar when it acquired WCI Communities in February.
U.S. homebuilding jumped to a one-year high in October as disruptions caused by recent hurricanes in the South faded and communities in the region started replacing houses damaged by flooding. The sharp rebound in home construction reported by the Commerce Department on Friday was also driven by robust gains in the Northeast and Midwest regions. The broad recovery could ease concerns about the housing market, which has been a drag on economic growth since the second quarter.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Consumer Goods sector is rising.
Rating Action: Moody's rates Lennar's notes Ba1; stable outlook. Global Credit Research- 14 Nov 2017. Approximately$ 1 billion of debt securities affected.
Categories: Yahoo FinanceGet free summary analysis Our analysis is based on comparing Lennar Corp. with the following peers – NVR, Inc., M.D.C. Holdings, Inc., KB Home, PulteGroup, Inc., D.R. Horton, Inc., CalAtlantic Group, Inc., Toll Brothers, Inc., M/I Homes, Inc. and Hovnanian Enterprises, Inc. Class A (NVR-US, MDC-US, KBH-US, PHM-US, DHI-US, CAA-US, TOL-US, MHO-US and HOV-US). Lennar ... Read more (Read more...)