Homebuilding

Lennar Corp (NYSE: LEN) shares are trading higher in Tuesday's after-hours session after the homebuilder reported better-than-expected financial results. What Happened: Lennar said fiscal first-quarter revenue increased 5% year-over-year to $6.49 billion, which beat average...

(Tuesday Market Open) The first of this week’s three critical data releases, February’s Consumer Price Index (CPI), was pretty much in line with expectations Tuesday, perhaps easing some concerns about any possible inflation jump and Federal Reserve response. Headline CPI...

Lennar Corporation (NYSE: LEN) is expected to release earnings for the first quarter ended Feb. 28, 2023 after the closing bell on March 14, 2023. Analysts expect the company to post quarterly earnings at $1.55 per share, down from $1.69 per share in the year-ago period. The company’s revenue...

With US futures trading higher this morning on Tuesday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Lennar Corporation (NYSE: LEN) to post quarterly earnings at $1.55 per share on revenue of $5.92 billion after the closing bell. Lennar shares rose 0.1...

The CNN Money Fear and Greed index showed a further increase in the fear level among US investors. The Dow Jones closed lower for fifth straight day amid the collapse of Silicon Valley Bank (NASDAQ: SIVB). The Federal Reserve Board, meanwhile, announced funding to backstop the struggling bank with...

Keybanc boosted the price target for KLA Corporation (NASDAQ: KLAC) from $410 to $468. Keybanc analyst Steve Barger maintained an Overweight rating on the stock. KLA shares fell 0.1% to close at $419.07 on Thursday. RBC Capital cut the price target for Lennar Corporation (NYSE: LEN) from $79...

Raymond James analyst Buck Horne reiterated a Market Perform rating on the shares of Lennar Corp (NYSE: LEN) after the review of 4Q22 results. Lennar reported 4Q22 GAAP EPS of $4.55, which included $0.25/share of mark-to-market tech investment losses and $0.22/share of land/backlog/...

Good Morning Everyone! FTX executives are turning on each other. A filing yesterday revealed that days before the bankruptcy filing co-CEO Ryan Salame told authorities that SBF may have committed fraud by sending FTX customer funds to his hedge fund Alameda. Prices as of 4 pm EST, 12/14/22; %...

Shares of U.S. homebuilder Lennar Corp (NYSE: LEN) are moving in Wednesday's after-hours session after the company reported better-than-expected financial results.  What Happened: Lennar said fourth-quarter revenue increased 21% year-over-year to $10.17 billion, which...

With US stock futures trading higher this morning on Wednesday, some of the stocks that may grab investor focus today are as follows: Wall Street expects REV Group, Inc. (NYSE: REVG) to report quarterly earnings at $0.25 per share on revenue of $595.02 million before the opening bell. REV...

The CNN Money Fear and Greed index showed an improvement in overall market sentiment following the release of US CPI data. US stocks closed higher on Tuesday following release of lower-than-expected data on inflation. The Dow Jones jumped over 700 points earlier during the session the consumer...

The S&P 500 traded lower in its worst week since September on renewed concerns over inflation and interest rates. On Friday, the U.S. Labor Department reported a 7.4% increase in the producer price index in the month of November, down from peak growth of 11.7% in March but above economist...

  Keybanc boosted the price target on Lennar Corporation (NYSE: LEN) from $89 to $100. Lennar shares fell 0.4% to close at $88.03 on Friday. Keybanc raised NVR, Inc. (NYSE: NVR) price target from $4,800 to $5,120. NVR shares fell 0.9% to close at $4,491.44 on Friday. Keefe, Bruyette...

Raymond James analyst Buck Horne lowered the rating on the shares of KB Home (NYSE: KBH), Lennar Corp (NYSE: LEN), M.D.C. Holdings Inc (NYSE: MDC), PulteGroup Inc (NYSE: PHM), and Toll Brothers Inc (NYSE: TOL) to Market Perform. He ...

As mortgage rates reach their highest level in 15 years — more than double what they were a year ago — it’s not just potential homebuyers feeling the pinch. Homebuilders are feeling the pain, too.  In an effort to free themselves from inventory burden, builders are suddenly...