Lennar (LEN) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this homebuilder have returned +1.9% over the past month versus the Zacks S&P 500 composite's +5.6% change. The Zacks Building Products - Home Builders industry, to which Lennar belongs, has gained 1.5% over this period. Now the key question is: Where could the stock be headed in the near term?While media releases o ...

The most recent trading session ended with Lennar (LEN) standing at $152.50, reflecting a -0.98% shift from the previouse trading day's closing. The stock fell short of the S&P 500, which registered a loss of 0.32% for the day. On the other hand, the Dow registered a loss of 0.71%, and the technology-centric Nasdaq decreased by 0.2%.Heading into today, shares of the homebuilder had gained 5.29% over the past month, outpacing the Construction sector's gain of 2.55% and the S&P 500's gain of 4.59% in that tim ...

Real estate stocks, including REITs, open doorways to stable profits, tax benefits, and allows access to the housing sector. Housing alone comprises around 15% of U.S. GDP. Thus, investing in this sector is a good way to play broader economic strength in the U.S. and globally, depending not the company. While interest rates have increased, driving mortgage rates higher, there are reasons for investors to be bullish on housing stocks. For one, a new cohort of buyers, namely Millennial and Gen Z households wi ...

Key PointsThe homebuilder sector surged in previous months due to the Federal Reserve's optimism for interest rate cuts in 2024.Demand for new homes rises amid a shortage of inventory in the resale market, with Lennar projecting a 10% increase in home deliveries for 2024.The sector's ETF shows a bullish consolidation pattern near its 52-week high, hinting at a potential breakout.5 stocks we like better than PulteGroupThe homebuilder sector in the United States has been on fire over the previous year, mainly ...

A bill that could lead to some major tax cuts in the U.S. has been advanced. It’s named the “Tax Relief for American Families and Workers Act of 2024.” This legislation aims to enhance tax breaks for businesses and low-income families.If approved, it will increase the child tax credit. Further, it can restore business tax deductions for research and development, as well as plants and equipment. This would be effective throughout 2025.For investors, navigating these proposed tax cuts could lead to substantia ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended November 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from _______ To _______ Commission file number 1-11749 Lennar Corporation (Exact name of registrant as specified in its charter) Delaware 95-4337490 (State or other jur ...

Lennar (LEN) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this homebuilder have returned +5.3% over the past month versus the Zacks S&P 500 composite's +2.1% change. The Zacks Building Products - Home Builders industry, to which Lennar belongs, has gained 5% over this period. Now the key question is: Where could the stock be headed in the near term?While media releases or ...

High-rise community infuses Downtown Denver's historic cultural district with 224 new apartment homes DENVER, Jan. 11, 2024 /PRNewswire/ -- Quarterra Multifamily, a subsidiary of Lennar Corporation and a vertically integrated multifamily apartment builder, developer, and property manager, today announced the start of leasing at Kindred Apartment Homes, joining Citizen West 10, as Quarterra's second community in Denver's historic Golden Triangle neighborhood. Kindred is a 224-home high-rise community in the ...

Maintaining its commitment to boost stockholder returns, Lennar Corporation (LEN) announced a hike in dividend payout. This hike is reflective of the homebuilder’s focus on operational excellence, land strategy and cash flow.The company increased its quarterly dividend by 33.3% to 50 cents per share ($2 annually) from 37.5 cents ($1.50 annually). This new dividend, approved by the board of directors, will be paid on Feb 7, 2024, to its stockholders of record as of Jan 24. The dividend yield, based on the la ...

Lennar Corp (NYSE:LEN) lifted its annual dividend to $2 per share from $1.50, and also raised its stock buyback program by $5 billion. LEN was last seen up 3.6% to trade at $153.56, and earlier came even closer to its Dec. 15 all-time high of $156, after staging a bounce off the $144 level last week. Over the past 12 months, the security added almost 60%.The options pits are seeing increased bullish activity in response. So far today, 2,350 calls have been traded, or double the intraday average amount. Most ...