|Bid||53.25 x 1200|
|Ask||54.10 x 800|
|Day's Range||53.77 - 54.54|
|52 Week Range||37.29 - 55.00|
|Beta (3Y Monthly)||0.99|
|PE Ratio (TTM)||9.27|
|Earnings Date||Oct 2, 2019|
|Forward Dividend & Yield||0.16 (0.30%)|
|1y Target Est||59.80|
Lennar Corp. will move into the former headquarters office of Burger King in Miamii’s Blue Lagoon area, according to Franklin Street Properties Corp. The Miami-based homebuilder (NYSE: LEN) signed a 16-year, 156,000-square-foot lease in the office park just south of Miami International Airport. Lennar will be in the Franklin Street Properties (NYSE: FSP)’s building at 5505 Blue Lagoon Drive.
Indeed, key indicators of housing demand, including existing-home sales, construction permits, and housing starts, are all down year over year through the first eight months of the year. First, the public homebuilders reported 7% order growth during the second quarter after two straight quarters of year-over-year declines. While we can't predict when the next recession will begin, nor do we assume that one will occur over our 10-year housing forecast, we are confident that when it does arise, the effect on the housing market will be nowhere near as severe as it was during the last recession.
Keybanc Capital Markets’ Kenneth Zener lowered his rating on the stock to Sector Weight from Overweight.
MIAMI , Sept. 17, 2019 /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 ...
Greater Houston-Area Development Adds 326 Modern Homes to Thriving Katy Suburb KATY, Texas , Sept. 17, 2019 /PRNewswire/ -- LMC , a leader in apartment development and management, today announced the opening ...
Lennar Corp. is the largest homebuilder in the Tampa Bay region, with more than 3,100 closings in 2018 alone.
Three developers have submitted plans for a Buckhead shopping center long overdue for a sweeping makeover.
Highwoods wants to transform an aging brick building currently home to Bank of Tampa and Lennar Corp.'s Tampa division.
Mixed-Use Community Represents LMC's First Development in Oakland OAKLAND, Calif. , Aug. 29, 2019 /PRNewswire/ -- LMC , a leader in apartment development and management, today announced the start of leasing ...
Given falling mortgage rates, the housing space looks attractive with existing homes sales rising on a year-over-year basis for the first time in the last 17 months.
In one of the biggest residential land sales locally this year, Lennar Homes has bought more than 200 undeveloped acres west of Roseville for $37.46 million.