LEN - Lennar Corporation
| Previous Close | 43.04 |
| Open | 43.40 |
| Bid | 42.19 x 1800 |
| Ask | 45.00 x 3000 |
| Day's Range | 43.16 - 44.31 |
| 52 Week Range | 42.70 - 72.17 |
| Volume | 4,752,045 |
| Avg. Volume | 3,796,523 |
| Market Cap | 14.297B |
| Beta (3Y Monthly) | 1.34 |
| PE Ratio (TTM) | 11.70 |
| EPS (TTM) | 3.77 |
| Earnings Date | Jan 8, 2019 - Jan 14, 2019 |
| Forward Dividend & Yield | 0.16 (0.37%) |
| Ex-Dividend Date | 2018-10-18 |
| 1y Target Est | 62.65 |
Yahoo Finance Video•14 hours agoUS homebuilder sentiment up in October
DJIA ends almost 550 points higher as upbeat earnings push stocks higher. Meanwhile, homebuilder sentiment improved in October, but affordability issues remain.
- American City Business Journals•yesterday
Houston homebuilder promotes three execs amid busy home market
The company created two new vice president positions and announced the president will become a division president for Lennar and Village Builders, which are related entities.
- Investopedia•5 days ago
Why the Collapse of Housing Stocks May Get Worse
Rising interest rates on mortgage loans are deterring home buyers, and that has translated into plunging sales, earnings and stock prices for the homebuilding industry, an important engine of economic growth. Mark Zandi, chief economist at Moody's Analytics, had this to say, as quoted by CNBC: "Every basis point rate rise already is affecting housing. A number of stocks in homebuilding and related industries are in a bear market of their own, having plunged by 20% or more from their 52-week highs. Among these are Lennar Corp. ( LEN), D.R. Horton Inc. ( DHI), PulteGroup Inc. ( PHM), LGI Homes Inc. ( LGIH), Toll Brothers Inc. ( TOL) and lumber supplier Weyerhaeuser Co. ( WY).
- CNBC•5 days ago
Rising prices and interest rates are a 'one-two punch' to homebuyers, Lennar chairman says
Rising prices and accelerating interest rates are a "one-two punch" to homebuyers, Lennar Executive Chairman Stuart Miller says. Homebuilder stocks have taken a direct hit from the rising interest rates rattling financial markets this month, but Miller says builders could see a boost from pent up demand and wealthier buyers. Rising prices and accelerating interest rates are a "one-two punch" to homebuyers, Lennar Executive Chairman Stuart Miller told CNBC on Thursday.
- CNBC•6 days ago
Cramer: Trump shouldn't publicly attack the Fed, but I agree with him
"I'm not saying that the Fed's gone crazy," the "Mad Money" host says. As the stock market continued its volatile losing streak on Thursday, with the market's "fear gauge" hitting its highest level since February, CNBC's Jim Cramer wanted to clear up some of the confusion around why stocks were falling. After all, with numerous indicators and the Federal Reserve indicating that the economy is strong, investors are probably wondering why the market would take such a drastic hit.
- American City Business Journals•6 days ago
Three homebuilders make first moves in Rancho Cordova
Three homebuilders new to Rancho Cordova are planning projects for 2019 and beyond, according to city officials who take it as a positive sign.
Markit•6 days agoSee what the IHS Markit Score report has to say about Lennar Corp.
Lennar Corp NYSE:LEN.B
- Zacks•7 days ago
D.R. Horton (DHI) Stock Down Post Q4 Preliminary Results
D.R. Horton (DHI) stock slips post Q4 preliminary results, wherein its homes sales lagged the consensus mark.
- Zacks•7 days ago
Is Lennar (LEN) Mulling Over the Divesture of Rialto Capital?
Lennar (LEN) focuses on core homebuilding business and has plans to reposition or opportunistically monetize non-core assets, in order to maximize efficiencies.
- Insider Monkey•7 days ago
Hedge Funds’ #1 Stock Picks in Real Estate, Airlines, Beer & More
Rising interest rates have yet to be the tonic that soothes hedge funds’ returns, as anticipated. Hedge funds on average have posted gains of just 1.9% in 2018 according to HFR, a small fraction of the 10.6% returns enjoyed by the broader market. In the past week alone, three of the hedge funds tracked by […]
- The Wall Street Journal•7 days ago
[$$] Lennar Is in Advanced Talks to Sell Its Real-Estate Lending Unit, Rialto Capital
Lennar Corp. is in advanced talks to sell its real-estate lending unit, looking to offload the business at a time when the nation’s largest home builder and its peers are struggling alongside a stagnant housing market. The Miami-based company is in discussions with the private-equity firm Stone Point Capital LLC for the sale of Rialto Capital, according to people familiar with the matter. Representatives of Stone Point Capital and Rialto didn’t respond to requests for comment.
- PR Newswire•8 days ago
LMC Announces Start of Leasing at Marisol Apartments
Smart home-enabled development features 278 homes in coastal Carlsbad CARLSBAD, Calif. , Oct. 9, 2018 /PRNewswire/ -- LMC , a leader in apartment development and management, today announced the start ...
- CNBC•8 days ago
Housing stocks fall into bear market as interest rates climb to multiyear highs
Homebuilding stocks are getting crushed, and they could continue to be in the penalty box as interest rates rise, making the cost of homes more expensive.
- GlobeNewswire•8 days ago
Research Report Identifies Cerner, Reata Pharmaceuticals, Lennar, Acacia Communications, GoPro, and ProAssurance with Renewed Outlook — Fundamental Analysis, Calculating Forward Movement
NEW YORK, Oct. 09, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
