The Latest Breaking News from LEN

The S&P 500 component and Warren Buffett holding recently hiked its dividend and buyback. Lennar is near a buy point after a 40% run.

The homebuilding industry is poised for substantial expansion, propelled by robust demand for housing properties. Given this backdrop, let’s assess the prospects of homebuilder stocks D.R. Horton (DHI), Hovnanian Enterprises (HOV) and Lennar Corporation (LEN) to determine the best investment opportunity in this space. Read on….

Lennar reported better-than expected fiscal third-quarter earnings and revenue Thursday.

Warren Buffett-backed Lennar reports third-quarter earnings Thursday.

Legendary investor Warren Buffett recently picked up stakes in homebuilder stocks like Lennar, NVR, and D.R. Horton, even as mortgage rates hover near multi-decade highs. What's the takeaway for investors?

Lennar, up 38% year to date, bounces off technical support into a buy zone. The stock's 21-day moving average could be another early entry.

The top stock with unusual options activity midway through Thursday trading is Quantumscape with volume 44.11x open interest. That suggests activity is light on the day. Here are three companies whose options are worth considering.

The market rally kept powering higher despite a hawkish Fed rate-hike outlook. But the Nasdaq is looking extended.

Analysts expected quarterly profits for Miami-based Lennar to fall around 50% with revenue also decreasing even as home demand has climbed.

There’s not a lot happening on the earnings front this week with only a couple of big names reporting including Adobe (ADBE), Lennar Corp (LEN), Oracle (ORCL) and Kroger (KR).

Despite interest rate increases and prevailing market uncertainties, the housing market's long-term prospects remain positive. Thus, it could be wise to consider buying fundamentally sound homebuilder stocks Lennar Corp. (LEN) and Tri Pointe Homes (TPH). However, one could avoid Cyrela Brazil Realty S.A. (CYRBY) due to its weak fundamentals. Continue…