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Lennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the United States. It operates through Homebuilding East, Homebuilding Central, Homebuilding Texas, Homebuilding West, Financial Services, Multifamily, and Lennar Other segments. The company's homebuilding operations include the construction and sale of single-family attached and detached homes, as well as the purchase, development, and sale of residential land; and development, construction, and management of multifamily rental properties. It also offers residential mortgage financing, title insurance, and closing services for home buyers and others, as well as originates and sells securitization commercial mortgage loans. In addition, the company is involved in the fund investment activity. It primarily serves first-time, move-up, active adult, and luxury homebuyers. Lennar Corporation was founded in 1954 and is based in Miami, Florida.
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The Latest News section aggregates recent news posts from various news outlets, offering a comprehensive overview of the most recent developments related to the topic.
Sales of new U.S. single-family homes slipped in May, marking the lowest level in six months, according to the U.S. Census Bureau's latest report. New home sales — a leading housing market indicator...
Kenneth “Ken” Zener, Seaport Research Partners, joins 'Fast Money' to talk the homebuilder trade and possible cracks forming in the space....
U.S. equity markets climbed to fresh record-highs this week while benchmark interest rates hovered near two-month lows as the "bad news is good news" dynamic persisted. Investors responded favorably t...
The housing market in 2024 continues to be complex and volatile for homebuyers and investors. Interest rate volatility, affordability concerns, and persistent inflation present ongoing challenges for ...
MIAMI , June 20, 2024 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's leading homebuilders, announced that its Board of Directors has declared a quarterly cash dividend o...
Lennar NYSE: LEN shares fell 5% to a multi-month low after setting tepid guidance for Q2. However, the move is overblown in light of the guidance, full-year outlook, cash flow, and robust capital retu...
Shares of Lennar (LEN) are trading lower in Tuesday's after-hours trading, despite the homebuilder delivering a beat in its second-quarter earnings. The company reported revenue of $8.77 billion, surp...
Although Lennar (LEN) exceeded its fiscal second quarter top and bottom-line expectations after-market hours on Monday, its stock fell -5% in today's trading session which may coincide with profit-tak...
Lennar Corporation is the second-largest home builder in the US and has seen significant growth recently. However, challenges such as elevated mortgage rates and rising resale inventory are impacting ...
