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.”
Citi Downgrade of Lennar, DR Horton Drags Home Builder Shares Lower
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.
Downgrades Pressure Homebuilding Stocks
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.
Lennar Stock: A Prime Opportunity for Buy-and-Hold Investors
Lennar NYSE: LEN shares fell 5% to a multi-month low after setting tepid guidance for Q2. However, the move is overblown in light of the guidance, full-year outlook, cash flow, and robust capital return.
Time to Buy the Dip in Lennar Corporation's (LEN) Stock After Earnings?
Although Lennar (LEN) exceeded its fiscal second quarter top and bottom-line expectations after-market hours on Monday, its stock fell -5% in today's trading session which may coincide with profit-taking amid weaker-than-expected EPS guidance.
Is Lennar's Future Built On Shifting Sands?
Lennar Corporation is the second-largest home builder in the US and has seen significant growth recently. However, challenges such as elevated mortgage rates and rising resale inventory are impacting the housing market and home builders like Lennar. Despite solid fundamentals, caution is advised due to shifting market dynamics and potential risks, leading to a Hold rating for Lennar shares.
Lennar Corporation (LEN) Q2 2024 Earnings Call Transcript
Lennar Corporation (NYSE:LEN ) Q2 2024 Earnings Conference Call June 18, 2024 11:00 AM ET Company Participants David Collins - Vice President and Controller Stuart Miller - Executive Chairman and Co-Chief Executive Officer Jon Jaffe - Co-Chief Executive Officer and President Diane Bessette - Chief Financial Officer Bruce Gross - Chief Executive Officer of Lennar Financial Services Conference Call Participants Stephen Kim - Evercore ISI Carl Reichardt - BTIG Susan Maklari - Goldman Sachs Alan Ratner - Zelman & Associates Michael Rehaut - J.P. Morgan Kenneth Zener - Seaport Research Partners Operator Welcome to Lennar's Second Quarter Earnings Conference Call.
Lennar Stock Falls On Soft Deliveries Outlook: What To Know
Lennar beat analysts' expectations for its fiscal second quarter but said it expects lower-than-anticipated deliveries in Q3. Here's what you need to know.
Lennar (LEN) Q2 Earnings & Revenues Beat Estimates, Orders Up
Lennar's (LEN) second-quarter fiscal 2024 results reflect higher deliveries and orders. Yet, gross margin remains under pressure due to lower home prices and higher land costs.
