Lennar (LEN) closed at $170.37 in the latest trading session, marking a +1.45% move from the prior day. The stock fell short of the S&P 500, which registered a gain of 1.69% for the day. Meanwhile, the Dow experienced a rise of 1.04%, and the technology-dominated Nasdaq saw an increase of 2.43%.Heading into today, shares of the homebuilder had gained 5.5% over the past month, outpacing the Construction sector's gain of 0.68% and the S&P 500's loss of 4.78% in that time.Analysts and investors alike will be k ...

268-home luxury community creates ideal connectivity throughout Phoenix Metro PHOENIX, July 30, 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 Harwood, a luxury community ideally located in North Phoenix. Harwood includes 268 upscale apartment homes that offer the ultimate in comfort and convenience. Its spacious, well-appointed homes feature top ...

The latest trading session saw Lennar (LEN) ending at $178.18, denoting a +0.83% adjustment from its last day's close. The stock outperformed the S&P 500, which registered a daily gain of 0.08%. Meanwhile, the Dow experienced a drop of 0.12%, and the technology-dominated Nasdaq saw an increase of 0.07%.The homebuilder's stock has climbed by 17.91% in the past month, exceeding the Construction sector's gain of 10.96% and the S&P 500's loss of 0.21%.The investment community will be closely monitoring the perf ...

证券研究报告 ＃industryId＃ 房地产 ＃investSuggestion＃ 无评级 ＃ investSug gestionCh ange＃ ＃ LEN.N ＃莱dy纳Com房pa屋ny＃ (LENNAR)-A ＃title＃ 现金充足，积极回报股东 ＃createTime1＃ 2024 年 07 月 22 日 投资要点 ＃summary＃ FY2024Q2 业绩符合预期：公司 FY2024Q2（20240301-20240531）季度 营收为 87.66 亿美元，同比增长 9.0%，归属股东净利润为 9.54 亿美元， 同比增长 9.5%，归母净利率为 10.9%，同比增长 0.1 个百分点。EPS 为 3.45 美元，同比增长 14.6%，主要由于公司持续回购导致总股本减少。从 收入结构来看，房屋销售业务收入为 83.81 亿美元，占比达到 95.6%。公 司季度业绩符合预期。 房屋销售业务稳健增长：公司在 FY2024Q2 交付房屋 19690 间，金额 83.93 亿美元，交付均价为 42.6 万美元，分别同比+15%、+9%和-5%。销售房 屋数量 21293 间，金额 91.95 亿美元， ...

Lennar Corp. (LEN, Financial) is the second-largest homebuilder in the United States, trailing only D.R. Horton (DHI). Over the past five years, the two companies have outperformed the industry. D.R. Horton only slightly outperformed Lennar over this period, but the difference is pretty negligible. LEN Data by GuruFocusHomebuilding industry is poised to growSingle-family housing starts have been steadily increasing since the Great Recession in 2009.Source: Federal Reserve Bank of St. LouisThis increase is e ...

As the stock market navigates post-election economic shifts, those are eyeing stocks that promise growth and demonstrate resilience against market fluctuations. Understanding the fundamentals behind these choices can significantly enhance portfolio strength and stability. Here, the focus is on the top contenders currently commanding attention. Each company represents a distinct sector — defense technology, retail home improvement and residential construction. However, they share a fundamental commitment to ...

It has been about a month since the last earnings report for Lennar (LEN) . Shares have added about 14.1% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Lennar due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Lennar Q2 Earnings & Revenues Beat Estimates, Orders UpLe ...

Key TakeawaysShares of home builders sank after Citi downgraded Lennar and D.R. Horton and cut the price targets of five firms in the sector.Citi said soft housing data could persist for the rest of 2024.The analysts cut their ratings on both Lennar and D.H. Horton from Buy to Neutral. Shares of several home builders tumbled Tuesday after Citi downgraded Lennar (LEN) and D.R. Horton (DHI), citing concerns about a housing market it says may stay sluggish for the rest of the year. Citi cut its ratings on the ...

Homebuilding stocks Lennar Corp (NYSE:LEN) and DR Horton Inc (NYSE:DHI) are lower today, after Citigroup downgraded both names to "neutral" from "buy," while also trimming their price targets to $164 from $174 and $156 from $181, respectively, due to their risk/reward ratios. LEN also was downgraded by Raymond James to "market perform" from "outperform."Lennar stock was last seen down 2.4% to trade at $142.38, and earlier hit its lowest level since December. The equity is poised to close below its 200-day m ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended May 31, 2024 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 ...