Alistair BergIntroduction Lennar Corporation (NYSE:LEN) is set to report its Q2 earnings on the June 17, after the market closes. I wanted to revisit the company to see how well it performed throughout ’23 and whether it may be a good time to start a position before the company announces the numbers. The latter half of ’23 saw a substantial increase in revenues, fueled by strong demand, however, some economies started to cut interest rates, and the US unemployment figures are starting to creep up, which ...

Luxury high-rise community combines sophistication with convenience in Denver's Golden Triangle NeighborhoodDENVER, June 7, 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 Dryden, a luxury community that blends urban activity and walkability with the elegance and culture of Denver's thriving Golden Triangle Neighborhood. Dryden is a 420-home high- ...

In the latest trading session, Lennar (LEN) closed at $159.37, marking a +1.05% move from the previous day. The stock's change was less than the S&P 500's daily gain of 1.19%. On the other hand, the Dow registered a gain of 0.25%, and the technology-centric Nasdaq increased by 1.96%.The the stock of homebuilder has fallen by 2.1% in the past month, lagging the Construction sector's loss of 1.84% and the S&P 500's gain of 3.35%.The investment community will be closely monitoring the performance of Lennar in ...

MIAMI, June 4, 2024 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's largest homebuilders, announced today that the Company will release earnings for the second quarter ended May 31, 2024 after the market closes on June 17, 2024. Additionally, the Company will hold a conference call on June 18, 2024 at 11:00 a.m. Eastern Time. The call will be broadcast live on the Internet and can be accessed through Lennar's website at investors.lennar.com. If you are unable to participate dur ...

Quarterra's newest Northern California community to feature 260 one- and two-bedroom apartment homes SANTA ROSA, Calif., June 4, 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 construction at Renata, Quarterra's first community in Santa Rosa, California.  Renata, will be a 260-apartment home garden-style community, and sit within the Perennial Park master-p ...

Lennar (LEN) closed the latest trading day at $157.03, indicating a +1.93% change from the previous session's end. This change outpaced the S&P 500's 0.6% loss on the day. Elsewhere, the Dow lost 0.86%, while the tech-heavy Nasdaq lost 1.08%.Coming into today, shares of the homebuilder had gained 1.04% in the past month. In that same time, the Construction sector lost 0.86%, while the S&P 500 gained 3.15%.Analysts and investors alike will be keeping a close eye on the performance of Lennar in its upcoming e ...

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium also includes the Zacks Style Scores.What a ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about Lennar (LEN) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Lennar currently has an average brokerage rec ...

The most recent trading session ended with Lennar (LEN) standing at $154.29, reflecting a +0.98% shift from the previouse trading day's closing. The stock's change was less than the S&P 500's daily gain of 1.02%. Elsewhere, the Dow gained 0.4%, while the tech-heavy Nasdaq added 2.03%.Prior to today's trading, shares of the homebuilder had lost 11.16% over the past month. This has lagged the Construction sector's loss of 6.08% and the S&P 500's loss of 3.15% in that time.Market participants will be closely f ...

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?Developed along ...