Lennar Corp (NYSE:LEN)

Housing development

Absolute Sticker Shock for New Home Prices

After the U.S. Census Bureau released data on new single-family home sales for March Wednesday morning, the big shocker was that new home sales fell by a whopping 14.5% to ...
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100409843

J.P. Morgan’s Homebuilder Stocks to Buy and Sell

With the diabolical winter starting to wind down, traders are starting to take a hard look at the homebuilding sector to see who may have had success during the first ...
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home building

Homebuilder Confidence Collapses in February

The National Association of Home Builders (NAHB)/Wells Fargo housing market index for February fell 10 points to 46 from a reading of 56 in January. The reading was far below ...
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Monkey evil

Top Analyst Upgrades and Downgrades: Ford, Green Mountain, Lennar, Twitter and More

February is proving to be volatile after a down January, and investors and analysts alike are trying to adjust their outlooks for the year. 24/7 Wall St. reviews dozens of ...
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House for Sale

Case-Shiller: November Home Prices Remain Hot

The S&P/Case-Shiller home price index for November showed another month of solid gains. The 20-city composite rose 13.7% year-over-year, equal to the consensus estimate for the month. The 10-city index ...
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home building

New Housing Starts at Five-Year High, Building Permits Near Annual High

The U.S. Census Bureau and the Department of Housing and Urban Development reported Wednesday morning that new housing starts in November rose to an annual seasonally adjusted rate of 1.09 ...
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home building

One Standout Among Homebuilder Stocks for 2014

The first half of 2013 was very good for homebuilder stocks. The five largest builders (by market capitalization) hit their 52-week highs before mid-May, and it has been a gradual ...
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New home

Time to Re-evaluate Homebuilding Stocks?

The reverse merger announced Monday morning between the homebuilding group associated with Weyerhaeuser Co. (NYSE: WY) and homebuilder TRI Pointe Homes Inc. (NYSE: TPH) is causing some investors to take ...
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House for Sale

Case-Shiller: Home Prices Post Strong Gains in August

The S&P/Case-Shiller home price index for August posted another month of solid gains. The 20-city composite rose 12.8% year-over-year, above the consensus estimate for a rise of 12.4% for the ...
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hauling logs

Weyerhaeuser and the Questionable Home Builder Sale

Weyerhaeuser Co. (NYSE: WY) soon will be a paper and forestry company that is merely a paper and forestry company, if reports that have resurfaced turn out to be fact. ...
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New home

Case-Shiller: Home Price Recovery Pace Slows Down

The S&P/Case-Shiller home price index for July posted another month of solid gains. The 20-city composite rose 12.4% year-over-year, in line with the consensus estimate for the month. The 10-city ...
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construction

Housing Market Expectations Not Adding Up Against Homebuilder Shares

You have probably noticed in the last couple of months that some of the strong housing recovery news headlines have tamed. Some of the price hikes, existing home sales, permits ...
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New home

Can Fresh Housing Stocks Enthusiasm Continue as Mortgage Rates Rise?

The stock market may be challenging all-time highs again, but interest rates have skyrocketed and mortgage applications have hit a serious soft patch as a result. As interest rates rise, ...
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Bull and Bear figures

Closing Bell for Tuesday on Wall Street: Markets Recover on Better Economic News

June 25, 2013: U.S. equity markets opened higher this morning after speculation that China’s central bank would not allow the country’s banking system to collapse. In the U.S., data on ...
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New home

Lennar Company Earnings Boosted by Backlog

Lennar Corp. (NYSE: LEN) reported second-quarter fiscal 2013 results before markets opened this morning. The home builder reported diluted earnings per share (EPS) of $0.61 on revenues of $1.43 billion. ...
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