BofA lowered the firm’s price target on Lennar (LEN) to $140 from $150 and keeps a Neutral rating on the shares. Homebuilder stocks underperformed in 2024 as demand deteriorated in the second ...

The Turkish government plans to allocate TL 350.7 billion (some $9.83 billion) for the central Anatolian region through the Konya Plain Project (KOP) action plan over the next five years, a senior ...

Before making this announcement, Lennar was easily earning enough to cover the dividend. As a result, a large proportion of what it earned was being reinvested back into the business. Looking ...

MIAMI, Jan. 21, 2025 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B) ("Lennar") is issuing this press release to remind Lennar stockholders that the previously disclosed record date and ...

Lennar's reliance on incentives to maintain sales volumes impacts profitability, with gross margins expected to decline sharply in 1Q25. The Company's valuation is not compelling, trading at a ~2 ...

Shares of Lennar Corp. were headed for a deep drop Thursday, after the home builder blamed high mortgage rates for disappointing quarterly results but also indicated it will have to boost ...