Lennar: Further Upside As Mortgage Rates Begin Their Decline
Lennar is the second-largest US homebuilder, with the Homebuilding segment accounting for over 90% of revenues and EBIT. The company has outperformed the iShares US Consumer Discretionary ETF in 2024, delivering a 23% total return. I think Lennar has further upside thanks to an attractive valuation, a conservative capital structure, and sector-wide tailwinds from lower mortgage rates as the Fed normalizes policy.
2 Warren Buffett Stocks That Could Soar If the Fed Cuts Interest Rates in September
Buffett owns two similar stocks -- Lennar and NVR. Shares of both homebuilders should soar if the Fed cuts interest rates.
Why Lennar (LEN) Dipped More Than Broader Market Today
Lennar (LEN) closed at $174 in the latest trading session, marking a -0.84% move from the prior day.
One-third of home builders are slashing prices as confidence in the market falls to 8-month low
The numbers: Builder confidence fell for the fourth month in a row in August, as elevated mortgage rates continue to spook home buyers.
Lennar (LEN) Rises Yet Lags Behind Market: Some Facts Worth Knowing
In the most recent trading session, Lennar (LEN) closed at $170.37, indicating a +1.45% shift from the previous trading day.
Lennar (LEN) Increases Yet Falls Behind Market: What Investors Need to Know
In the closing of the recent trading day, Lennar (LEN) stood at $172, denoting a +0.94% change from the preceding trading day.
Lennar (LEN) Laps the Stock Market: Here's Why
Lennar (LEN) concluded the recent trading session at $178.18, signifying a +0.83% move from its prior day's close.
Lennar Is a Market Leader at a Good Price
Lennar Corp. (LEN, Financial) is the second-largest homebuilder in the United States, trailing only D.R. Horton (DHI).
Why This Lennar Analyst Is No Longer Bullish Despite Potential Rate Cut Benefits
Shares of Lennar Corp LEN declined in premarket trading on Monday, just weeks after the company announced plans to spin off its land assets.
Top 3 Stocks to Strengthen Your Portfolio Post-Election
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.
Lennar (LEN) Up 14.1% Since Last Earnings Report: Can It Continue?
Lennar (LEN) reported earnings 30 days ago. What's next for the stock?
Lennar's stock dives below key chart level after longtime bull cuts rating
Shares of Lennar Corp. got chopped down Tuesday after Raymond James backed away from its longtime bullish call on the home builder, citing margin concerns and other company-specific “overhangs.”
