Lennar (LEN) reported earnings 30 days ago. What's next for the stock?
Millrose Properties Inc., spun out of Lennar, serves as an asset-light land bank with deep operational and financial ties to LEN. MRP's abrupt pivot into rental homes triggered a short-seller report, erasing $1.4B in market cap. We dive in to assess the damage and tell you why we are long.
LEN is prioritizing housing volume as affordability pressures squeeze margins, with lower costs and faster cycles supporting its strategy.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Curtis Ellergodt Rothschild Investment LLC | 307 | $27,529.98 | $23,617.51 | -$3,912.47 | -14.21% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 187 | $16,145.43 | $14,385.91 | -$1,759.52 | -10.9% |
| NA Nizar Araji National Bank Of Canada /FI/ | 216 | $19,341.12 | $16,616.88 | -$2,724.24 | -14.09% |
Warren Buffett Berkshire Hathaway Inc. | 298,117 | $30.36M | $22.76M | -$7.6M | -25.05% |
| MB Mitchel Bialek Css LLC/IL | 23,407.98 | $789,317.09 | $1.77M | $984,773.71 | 124.76% |