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Lennar Value Stock - Dividend - Research Selection

Lennar

ISIN: US5260571048 , WKN: 851022

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Description of the company

Lennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the United States. The company operates through Homebuilding East, Homebuilding Central, Homebuilding West, Lennar Financial Services, Rialto, and Lennar Multifamily segments. Its homebuilding operations include the construction and sale of single-family attached and detached homes, as well as the purchase, development, and sale of residential land. The company primarily sells single-family attached and detached homes in communities targeted to first-time homebuyers, move-up homebuyers, active adult homebuyers, and luxury homebuyers. The company also offers mortgage financing, title insurance, and closing services for home buyers and others, as well as real estate brokerage services. In addition, it is involved in raising, investing, and managing third party capital; and originating and selling into securitizations commercial mortgage loans, as well as investing in real estate related mortgage loans, properties, and related securities. Further, the company sponsors and invests in private equity vehicles; and provides asset management and other services to the vehicles and other third parties. Additionally, it develops, constructs, and manages multifamily rental properties. Lennar Corporation was founded in 1954 and is based in Miami, Florida.

The Finanzoo GmbH assumes no liability for the accuracy of the information! All information is provided without warranty. Sources:: www.bundesanzeiger.de, www.sec.gov,


NEWS


Lennar Stock Is Underperforming. A Director Scooped Up Shares.

2024-04-19
Lennar stock has been underperforming the market, and one of the home builder’s directors just scooped up shares. Lennar is one of the three largest home builders in the U.S. Its shares have gained less than 2% so far this year, lagging behind the and shares of PulteGroup but outpacing those of D.R. Horton Lennar topped earnings estimates for the fiscal first quarter ended on Feb. 29, but weak guidance sent shares sliding. Lennar didn’t respond to a request to make Banse available for comment on the stock purchase.

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2024-04-19
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Homebuilder stocks close lower on weak housing starts data

2024-04-16
Homebuilder stocks such as D.R. Horton (DHI), Toll Brothers (TOL), and Lennar (LEN) closed lower after disappointing housing starts data.  Yahoo Finance's Dani Romero discusses the data and what investors can expect from homebuilder earnings this quarter. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Stephanie Mikulich.

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