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Homebuilding Stock Hits Record Highs Before Earnings

https://www.schaeffersresearch.com/content/news/2024/09/16/homebuilding-stock-hits-record-highs-before-earnings

9/16/2024 1:59 PM

Shares of homebuilder Lennar Corp (NYSE:LEN) are hitting record highs today, as they head for their sixth gain in the last seven days. At last glance, the stock was up 0.8% to trade at $187.47, earli...

3 Homebuilding Stock to Watch as Mortgage Rates Fall

https://www.schaeffersresearch.com/content/news/2024/09/12/3-homebuilding-stock-to-watch-as-mortgage-rates-fall

9/12/2024 1:04 PM

Yesterday, mortgage rates fell for a sixth-straight week and hit their lowest level since February 2023, with the average contract interest rate for a 30-year fixed-rate mortgages with conforming loa...

3 Homebuilding Stocks Taking Off in July

https://www.schaeffersresearch.com/content/news/2024/07/23/3-homebuilding-stocks-taking-off-in-july

7/23/2024 2:39 PM

Homebuilding stocks -- hypersensitive to rates and the U.S. economy -- are on the rise as investors rotate away from growth stocks into cyclicals due to increased prospects of an interest rate cut in ...

Downgrades Pressure Homebuilding Stocks

https://www.schaeffersresearch.com/content/news/2024/07/02/downgrades-pressure-homebuilding-stocks

7/2/2024 11:04 AM

Homebuilding stocks Lennar Corp (NYSE:LEN) and DR Horton Inc (NYSE:DHI) are lower today, after Citigroup downgraded both names to "neutral" from "buy," while also trimming their price targets to $1...

Mixed Quarterly Report Weighs on Lennar Stock

https://www.schaeffersresearch.com/content/news/2024/06/18/mixed-quarterly-report-weighs-on-lennar-stock

6/18/2024 10:03 AM

Shares of homebuilder Lennar Corp (NYSE:LEN) are down 2.2% at $153.10, despite the company beating fiscal second-quarter earnings and revenue estimates. Lennar reported year-over-year increases in ...

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