Lennar (LEN) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this homebuilder have returned +4.7% over the past month versus the Zacks S&P 500 composite's +3.1% change. The Zacks Building Products - Home Builders industry, to which Lennar belongs, has lost 1.3% over this period. Now the key question is: Where could the stock be headed in the near term?Alt ...

In the latest trading session, Lennar (LEN) closed at $150.99, marking a +0.51% move from the previous day. This change outpaced the S&P 500's 0.6% loss on the day. Elsewhere, the Dow lost 0.17%, while the tech-heavy Nasdaq lost 0.92%.The homebuilder's shares have seen a decrease of 3.25% over the last month, not keeping up with the Construction sector's gain of 4.17% and the S&P 500's gain of 3.56%.The investment community will be closely monitoring the performance of Lennar in its forthcoming earnings rep ...

Among the best stocks to buy and watch, Dow Jones chemicals giant Dow Inc. (DOW) and Birkenstock (BIRK), along with top homebuilders Lennar (LEN) and Toll Brothers (TOL), are stocks in or near buy zones on the stock market today. X Dow: A Dow Jones Stock To Watch Among the best stocks in the Dow… ...

Group 1: Market Overview - The week of February 12-16 saw discussions on stocks like Deere & Co, Coca-Cola, and Airbnb, highlighting broader market trends and potential investment opportunities [1] - Economic data, including U.S. CPI and Retail Sales, contributed to market volatility but indicated that the U.S. economy might avoid a recession, positively impacting investor sentiment [1] - The Russell 2000 index of smaller companies gained momentum, suggesting optimism among risk-on investors in the small-cap space [1] Group 2: Earnings Calendar and Key Stocks - The earnings calendar for February 19-23 is expected to be light, with a focus on Nvidia's anticipated earnings release, which could influence market direction [2] - Solid earnings from Nvidia and other stocks could help mitigate volatility in the market, especially if the remaining "Magnificent 7" stocks do not catalyze further upside [2] Group 3: Starbucks (SBUX) - Starbucks reported a 20% year-on-year profit increase but missed analyst estimates in its recent earnings results, leading to a decline in stock price post-announcement [3] - The stock currently trades at a P/E ratio of 22.9x, below the S&P 500's 27.2x, with an average price target of $107.15, indicating a potential upside of 15% [4] Group 4: Palo Alto Networks (PANW) - Palo Alto Networks is viewed as an intriguing investment opportunity, with its stock price rising ahead of its quarterly results announcement [5] - The company experienced a 66% growth in the previous quarter, but negative market reaction to disappointing forward revenue guidance is a concern [5] - Analysts forecast EPS growth of 24% to $1.30 and revenue growth of 19% to $1.97 billion, with a history of exceeding estimates by over 20% [5] Group 5: Lennar (LEN) - Lennar's stock price dropped following CPI data suggesting potential higher interest rates, but easing yields may allow for a rebound [6] - Warren Buffett's recent investment in Lennar, including a $21.4 million stake, indicates potential growth for the company amid a housing deficit of 3.1 million units in the U.S. [6] - Lennar trades at a P/E ratio of 10.9x and has increased its cash reserves by $1.7 billion to $6.3 billion, enhancing its investment potential [7]

Company Performance - Lennar's stock closed at $153.87, reflecting a +1.44% increase from the previous day, outperforming the S&P 500's gain of 0.96% [1] - Over the past month, Lennar's stock has risen by 0.78%, which is below the Construction sector's gain of 2.67% and the S&P 500's gain of 3.69% [1] - The upcoming earnings report is anticipated to show an EPS of $2.21, indicating a 4.25% growth year-over-year, with revenue expected to reach $7.44 billion, a 14.7% increase compared to the same quarter last year [1] Earnings Estimates - Full-year Zacks Consensus Estimates project earnings of $14.36 per share and revenue of $36.09 billion, representing year-over-year changes of +0.77% and +5.42%, respectively [2] - Recent changes to analyst estimates for Lennar indicate a favorable outlook on the company's business health and profitability [2] Valuation Metrics - Lennar has a Forward P/E ratio of 10.56, which is a premium compared to the industry average Forward P/E of 8.71 [3] - The company currently has a PEG ratio of 1.98, while the average PEG ratio for the Building Products - Home Builders industry is 0.81 [3] Industry Overview - The Building Products - Home Builders industry is part of the Construction sector and holds a Zacks Industry Rank of 34, placing it in the top 14% of over 250 industries [4] - The Zacks Industry Rank measures the strength of individual industry groups, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [4]

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 ...