|Bid||58.01 x 100|
|Ask||0.00 x 0|
|Day's Range||58.70 - 60.57|
|52 Week Range||48.52 - 72.17|
|PE Ratio (TTM)||17.72|
|Earnings Date||Mar 22, 2018 - Apr 1, 2018|
|Forward Dividend & Yield||0.16 (0.27%)|
|1y Target Est||78.11|
Moody's Investors Service took CalAtlantic Group, Inc.'s (CalAtlantic) ratings off review for upgrade and upgraded the rating on the eight series of CalAtlantic notes that were exchanged for Lennar Corporation ...
Though the current housing scenario from the perspective of these economic indicators is not encouraging enough, the overall picture still looks convincing for investors.
As increases in disposable income and strength in economy are expected to boost housing demand, let us analyze which is a better pick -- Lennar (LEN) or D.R. Horton (DHI).
Bullish chart patterns and strong fundamentals suggest that the homebuilder sector could be worth watching over the next several months.
After a stellar 2017, homebuilders are now in correction territory, but one technician sees a comeback ahead.
Shares of several homebuilders look attractive as the U.S. housing market could strengthen further, Barron's reported in its latest issue. With strong demand, lack of inventory and modest annual price ...
The U.S. housing market’s thunderous crash a decade ago helped bring the global economy and financial system to their knees. Abetted by a robust job market, low interest rates, and beneficial demographics, the nation’s housing market has been enjoying a Goldilocks sort of recovery—neither too cold nor too hot (with the exception of several coastal markets), but just about right. Given strong demand, insufficient inventory, and modest annual price gains, many industry experts see the recovery continuing for several years—unless mortgage rates unexpectedly spike, spoiling what has been a tame but enjoyable party.
The Zacks Analyst Blog Highlights: United Technologies, Netflix, Schlumberger, Lennar and Paychex
Sales of new U.S. single-family homes fell for a second straight month in January, weighed down by steep declines in the Northeast and South, which could raise concerns the housing market is losing momentum. The weak report from the Commerce Department on Monday followed data last week that showed sales of previously owned homes dropped for a second consecutive month in January amid near-record low inventory. Economists worry rising mortgage rates, which are near a four-year high, and a cap on the mortgage interest deduction in the overhauled tax code will slow housing demand this year.
Speculation about housing market normalization after the hurricane-related surge seems unfounded after the January housing starts beat all expectations. Housing starts increased 9.7% in January. The US Census Bureau and the Department of Housing and Urban Development have reported housing starts for January at 1.33 million, a sharp increase from the revised December reading of 1.21 million.
NEW YORK, Feb. 22, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Herc ...
The SPDR S&P Homebuilders exchange-traded fund, which holds home-builders and other housing-related firms, has climbed 20% over the past 12 months.
The Zacks Analyst Blog Highlights: W.W. Grainger, Lennar, Ulta Beauty, Seagate and International Paper
Lennar Corp. could supersize its revenue in the coming years now that it’s the nation’s largest homebuilder, but it will face the same challenges impacting many for-sale developers in a rent-happy economy. Miami-based Lennar (LEN) purchased CalAtlantic Group, combining to control 250,000 homesites in 49 markets across 21 states. Lennar’s main advantage with this deal is acquiring land in desirable markets at a time when demand from buyers is strong, said John McManus, VP and editorial director for the residential group of Hanley Wood and editor of Builder magazine.
Data from as early as 1950 showed that the 12-month return on the broader S&P 500 in the Year of the Dog was up more than 15% on average.
Real estate icon and ‘Shark Tank’ star Barbara Corcoran tells Yahoo Finance’s Seana Smith, Rick Newman and Dion Rabouin how the new tax law will impact the housing sector.
Schultz wrote in a memo to his leadership team that the shift to e-commerce is causing a major inflection point. Yahoo Finance’s Alexis Christoforous, Julia La Roche, and Dan Roberts discuss what’s behind Schultz’s reasoning.
Yahoo Finance’s Seana Smith, Dan Roberts and Penn Financial President Matt McCall discuss the impact rising rates are having on the housing market and how big of a concern it is for the real estate industry.
According to the American Civil Liberties Union, some people are being jailed for civil debts, such as car and student loans. Yahoo Finance’s Alexis Christoforous, Melody Hahm and Ethan Wolff-Mann discuss how this is taking place when there are laws prohibiting such behavior.