|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||50.12 - 50.91|
|52 Week Range||39.68 - 55.75|
|PE Ratio (TTM)||14.70|
|Earnings Date||Oct 3, 2017|
|Dividend & Yield||0.16 (0.31%)|
|1y Target Est||N/A|
MIAMI, Sept. 22, 2017 /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 third quarter ended August 31, 2017 before the market opens on October 3, 2017. Additionally, the Company will hold a conference call on October 3, 2017 at 11:00 a.m. Eastern Time. The call will be broadcast live on the Internet and can be accessed through Lennar's website at www.lennar.com. If you are unable to participate during the live webcast, the call will be archived at www.lennar.com for 90 days. Lennar Corporation, founded in 1954, is one of the nation's largest builders of quality homes for all generations.
As the southern U.S. recovers from a brutal hurricane season, home improvement companies are seeing benefits, but homebuilders? Not so much, writes MKM Partners’ Megan McGrath. There’s the short-term focus on sales, including orders an closings), as well as more medium-term concerns, like labor shortages, commodity inflation, and pricing power to worry about.
Homebuilders are in the spotlight — in KB Home's case, for a neighborhood spat turned public — with a number of stocks building bases and more housing data on tap.