Homebuilding

(Tuesday Market Open) Equity index futures are pointing to a lower open as investors come off the extended holiday weekend. Even though the week has just started, investors are already looking forward to Friday’s Employment Situation report. Potential Market Movers There are several...

(Wednesday Market Open) Investors appeared a bit apprehensive about Federal Reserve Chairman Jerome Powell’s visit to Congress today as equity futures were down across the board in premarket action. Nasdaq futures had fallen as much as 2% before the open. Potential Market...

U.S. stocks traded higher toward the end of trading, with the Nasdaq Composite gaining over 2.5% on Tuesday. The Dow traded up 2.09% to 30,445.81 while the NASDAQ rose 2.58% to 11,076.53. The S&P also rose, gaining, 2.44% to 3,764.68. Also check this: US Existing Home Sales And Other Macro...

U.S. stocks traded higher midway through trading, with the Dow Jones gaining around 550 points on Tuesday. The Dow traded up 1.86% to 30,445.81 while the NASDAQ rose 3.15% to 11,138.32. The S&P also rose, gaining, 2.56% to 3,768.74. Also check this: US Existing Home Sales And Other Macro Issues...

U.S. stocks traded higher this morning, with the Dow Jones gaining more than 500 points on Tuesday. Following the market opening Tuesday, the Dow traded up 1.70% to 30,395.65 while the NASDAQ rose 2.88% to 11,109.85. The S&P also rose, gaining, 2.38% to 3,762.25. Also check this: 3 Stocks Under...

Here are a few things to keep an eye on that could move markets. First, we begin the week with global industries higher, bouncing back from last week’s sell-off. The move comes in reaction to President Biden’s comments over the weekend that he's going to consider removing the...

Lennar Corp (NYSE: LEN) reported second-quarter FY22 sales growth of 30% year-on-year to $8.36 billion, beating the consensus of $8.11 billion. Homebuilding revenues rose 33% Y/Y. Home deliveries for the quarter increased 14% Y/Y to 16,549. New orders increased 4% to 17,792 homes....

Some of the stocks that may grab investor focus today are: Wall Street expects Lennar Corporation (NYSE: LEN) to report quarterly earnings at $3.98 per share on revenue of $8.16 billion before the opening bell. Lennar shares rose 0.4% to $64.86 in after-hours trading. Seanergy Maritime Holdings...

Piper Sandler cut the price target on Wingstop Inc. (NASDAQ: WING) from $195 to $102. Wingstop shares fell 0.7% to trade at $111.44 on Thursday. Deutsche Bank boosted Dollar General Corporation (NYSE: DG) price target from $230 to $242. Dollar General shares fell 0.7% to $220.06 on Thursday....

Pre-open movers U.S. stock futures traded higher in early pre-market trade ahead of the interest rate decision from the Federal Reserve. Investors are awaiting earnings results from Jabil Inc. (NYSE: JBL), Williams-Sonoma, Inc. (NYSE: WSM) and Lennar Corporation (NYSE: LEN). Data on retail...

Some of the stocks that may grab investor focus today are: Wall Street expects Jabil Inc. (NYSE: JBL) to report quarterly earnings at $1.47 per share on revenue of $7.43 billion before the opening bell. Jabil shares rose 1.2% to $56.50 in after-hours trading. Caleres (NYSE: CAL) reported better-...

Lennar Corp’s (NYSE: LEN) wholly-owned subsidiary LMC and Canada Pension Plan Investment Board (CPP Investments) have formed a new joint venture (JV) to develop multifamily residential communities. CPP Investments and LMC have allocated $979 million in equity to the...

KeyBanc analyst Kenneth Zener downgraded Lennar Corp  (NYSE: LEN) to Underweight from Sector Weight with an $86 price target, implying a 13% downside. The analyst thinks builders' operational success cannot offset cyclical tailwinds ebbing in time. Lennar's...

Lennar Corp (NYSE: LEN) said its Board of Directors had increased its annual dividend by 50% to $1.50 from $1.00 per share. The move has resulted in a quarterly cash dividend of $0.375 per share for Class A and Class B common stock.  The dividend is payable on February 10...

B of A Securities lifted the price target on Micron Technology, Inc. (NASDAQ: MU) from $76 to $100. Micron shares rose 7.7% to $88.38 in pre-market trading. Wells Fargo raised the price target on KLA Corporation (NASDAQ: KLAC) from $360 to $500. KLA Corporation shares rose 3.2% to $398.00 in...