Is Now An Opportune Moment To Examine Lennar Corporation (NYSE:LEN)?

Today we're going to take a look at the well-established Lennar Corporation (NYSE:LEN). The company's stock saw significant share price movement during recent months on the NYSE, rising to highs o

Simply Wall StJul 3 18:03

Americans can't really afford to buy houses! The affordability of housing has fallen to its lowest point since 2007.

For ordinary income earners in the USA, the affordability of owning a home is lower than at any time since 17 years ago.

Zhitong FinanceJul 3 15:00

The outlook for the US real estate market is not optimistic. Lennar Corp (LEN.US) and D.R. Horton (DHI.US) were downgraded by Citigroup.

According to the news from Zhītōng Finance app, stocks of several American real estate builders fell on Tuesday after Citigroup downgraded the ratings of Lennar Corp (LEN.US) and D.R. Horton (DHI.US), citing a possible sluggishness in the US real estate market for the rest of the year. Citigroup lowered the rating of Lennar Corp from “buy” to “neutral”, with a target price of 164 US dollars, down from the previous 174 US dollars, and also lowered the rating of D.R. Horton from “buy” to “neutral”, with a target price of 156 US dollars, down from the previous 181 US dollars. Citigroup also downgraded Forestar Group (FOR.US), PulteGroup (PHM.US), and Toll Brothers.

Zhitong FinanceJul 3 09:23

Lennar Corp To Go Ex-Dividend On July 5th, 2024 With 0.5 USD Dividend Per Share

July 2nd (Eastern Time) - $Lennar Corp(LEN.US)$ is trading ex-dividend on July 5th, 2024.Shareholders of record on July 5th, 2024 will receive 0.5 USD dividend per share on July 19th, 2024. The ex-div

Futu NewsJul 3 09:00

LENNAR DEBUTS EDENBROOKE AT HYLAND TRAIL, A NEW AMENITY-RICH ACTIVE-ADULT COMMUNITY IN GREEN COVE SPRINGS

GREEN COVE SPRINGS, Fla., July 2, 2024 /PRNewswire/ -- Lennar, one of the nation's leading homebuilders, today announced the start of sales for Edenbrooke at Hyland Trail, a new community specificall

PR NewswireJul 3 04:14

Lennar's Stock Dives Below Key Chart Level After Longtime Bull Cuts Rating

By Tomi Kilgore Raymond James is still 'constructive' on the home-builders industry, as its concerns over Lennar are company specific Shares of Lennar Corp. got chopped down Tuesday after Raymond Ja

MarketWatchJul 3 01:19