Lennar, one of the biggest homebuilders in the nation, cut prices by 10% in the last quarter of the year, as demand dwindles.
It has been a difficult time for companies in the housing sector as buying costs have remained high and home sales slow.
Homebuilder Lennar revealed its average sales price was $386,000 last quarter, a $44,000 price cut from $430,000 in same ...
Shares of homebuilder Lennar (NYSE:LEN) fell 5.1% in the afternoon session after the company reported disappointing ...
RBC downgrades Lennar stock after weak earnings and soft outlook. Discover what’s impacting margins and future growth.
Tesla drops after setting a record closing high, while Lennar tumbles following weak earnings for the home builder.
The conglomerate recommended shareholders reject [Paramount (PSKY)]( ...
Lennar plans to deliver 85,000 homes in 2026, using operational gains and a land-light model to support margins amid market ...
The downgrade followed a fourth-quarter performance that fell short on key operating metrics. Lennar posted gross margins of 17%, below both RBC’s estimate of 17.5% and the broader market expectation, ...
Investing.com - BofA Securities downgraded Lennar (NYSE:LEN) from Neutral to Underperform on Thursday, while reducing its price target to $95.00 from $125.00. Despite the downgrade, InvestingPro data ...
Discover the top 3 undervalued Household Durables stocks for Thursday, December 18 based on AAII’s Stock Grades.