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2/6/14Stock Update: Ford Motor Company (NYSE:F) – Top Analyst Upgrades and Downgrades: Ford, Green Mo... (Jutia Group)

[24/7 Wall St.] - These are the top analyst upgrades, downgrades and initiations seen from Wall Street research firms on is Thursday, February 6, 2014. They include Ford, Green Mountain Coffee Roasters, Lennar and Twitter.... Read more on this. Ford Motor Co. (F), with a current value of $58.34B, began trading this morning [...]

12/9/13Bond Yields Up, These Stocks Move (The Market Financial)

Almost everyone in the financial media has been talking about the yield on the 10-year U.S. Treasury Note. When the yield moves higher the home-builder stocks, real estate investment trusts (REITs), and the utility sector will usually suffer. All of these important sectors are very sensitive to higher interest rates. Today, the leading home-builder stocks such [...]

11/24/13(LEN) The Housing Market…This Huge Trend Is No “Sham” (Stock Blog Hub)

Although home prices are rising at the fastest pace in seven years and sales of previously owned homes in April hit their highest level in more than three years, Heidi Moore isn’t buying it. Who is Heidi Moore? That’s the perfect question to ask because the woman – who is the U.S. finance and economics editor [...]

10/14/13How To Trade Housing Stocks Now (The Market Financial)

Last year, one of the hottest sectors in the stock market was the home-builder stocks. Leading home-builder stocks such as Lennar Corp (NYSE:LEN), and Toll Brothers Inc (NYSE:TOL) have rallied higher by more than 100 percent since the October 4th, 2011 low. This important industry group topped out around May 2013; the home-builder stocks have [...]

10/4/13The Roof Leaks Lennar Corp And The Homebuilders (The Market Financial)

This morning, most of the leading home-builder stocks are coming under some selling pressure despite the higher stock indexes. The decline in the home-builder stocks is likely due to the increase in the 10-year U.S. Treasury yield. Today, bond yields are ticking higher by 4 basis points to 2.64 percent. Higher yields have hurt the [...]

10/1/13(LEN) This Huge Trend Is No “Sham” (Stock Blog Hub)

Although home prices are rising at the fastest pace in seven years and sales of previously owned homes in April hit their highest level in more than three years, Heidi Moore isn’t buying it. Who is Heidi Moore? That’s the perfect question to ask because the woman – who is the U.S. finance and economics editor [...]

7/2/13Home-builders Stocks In Quicksand Today (The Market Financial)

This morning, many of the leading home-builder stocks are sliding lower at the start of the trading day. Lennar Corp (NYSE:LEN) is one of the leading stocks in the sector. Today, LEN is trading lower by 0.37 cents to $35.09. Day traders should watch for intra-day support around the $34.95, and $34.40 levels. Please understand, [...]

4/27/13(LEN) Lennar Sells Senior Notes (Stock Blog Hub)

Lennar Corporation (LEN) recently sold senior notes worth $50 million due on Nov 15, 2022 to initial purchasers, who in turn will resell the senior notes to qualified institutional buyers. The senior notes, which carry an interest rate of 4.75%, were sold at a price of 98.25% and generated total outstanding principal amount of $575 [...]

12/23/12(LEN) U.S. Homebuilder Confidence Edging Up (Stock Blog Hub)

On Tuesday, fresh data released by the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), which reflects builder confidence in the market for newly built, single-family homes, posted a solid 26 point year-over-year gain to 47 for December. On a sequential basis, the index was up 2 points. This marks the eighth consecutive [...]

11/30/12Market Watch Game Update (Samurai Trader)

Here is the update to the Market Watch game. I did get a decent bounce but currently am making no headway in getting back to even. I am getting small gains on up days, but giving it all back on down days. There is only a month left in this game, so I will probably not be doing much more trading. I will start a new one in January. Ticker Price Shares Buy Date Position Sell Price Sell Date Gain Percent Stop HAFC 12.99 ...

9/24/12Lennar Corporation Exceeds Expectations Besides for Rialto Unit (Value Investing)

Lennar Corporation (NYSE:LEN), the third-largest U.S. homebuilder by revenue, reported a four times increase in fiscal third-quarter profit, owing to a surge in demand for new houses. Only Rialto was a disappointment according to most analysts. The Miami-based company’s net income for the quarter ending Aug. 31 jumped to $87.1 million, or 40 cents a share, from [...]

5/14/12Home-builder Stocks Show Early Relative Strength (The Market Financial)

This morning, all of the leading home-builder stocks are showing some early strength despite the over-all stock market weakness. This industry group is displaying good intra-day relative strength and could lead the markets higher if bounces take place in the major stock indexes. Lennar Corp (NYSE:LEN) is considered to be one of the leading home-building [...]

3/27/12Lennar Trading at 52-Week High After Q1 Report (Benzinga)

Homebuilder Lennar (NYSE: LEN) released its fiscal Q1 earnings results on Tuesday prior to the opening bell. The company reported net earnings attributable to shareholders of $14.97 million or $0.08 per share, versus $27.41 million or $0.14 per share, in the year ago period. The year ago results included a $37.5 million or $0.19 per share gain from the receipt of a non-recurring litigation settlement. The results compared to Wall Street consensus EPS estimates of $0.04. Total revenues for...

1/11/122011 Ended Up on an Economic High Note (LEN, SVU, SNX, CROX, LEN, HSOL, COG) (tickerspy.com)

Stocks recovered from some early profit taking after yesterday's rally to close mixed following the mid afternoon release of the Federal Reserve's "Beige Book" survey by its regional banks. The survey showed that the final six weeks of 2011 were among the most economically strongest of the year, aided by holiday season retail sales, which [...]

1/11/12LEN (Samurai Trader)

LEN reported today, and while it technically isn't a breakout (and also not a base, since this was not in a prior up trend), it made a breakout type move on volume. Here is one of the strongest price relative lines I have seen in a while. I pointed out yesterday that most of the home builders that are npow at new 52 week highs are miles off their 5 year highs, but all that means is that it doesn't take much improvement in their fundamentals to get them moving, and right now a bunch of these...

12/6/11Lennar Spread – 33% Arbitrage Opportunity (Value Investing)

Thesis: Lennar Corp, the 3rd largest US home builder in the US is offering one of the largest arbitrage opportunities seen this year with the discrepancy in pricing between its two equity class shares. Class A Share: LEN.A – 167,395,196 shares outstanding, voting rights (1 vote per share) Class B Share: LEN.B – 32,982,817 shares outstanding, voting rights [...]

9/23/11Lennar, Inc: My Morning Pick (Morningpick)

posted by EDITORIAL STAFF Follow Morningpick My morning pick is Lennar, Inc (NYSE:LEN) How does this company make money? Lennar Corporation, founded in 1954, is headquartered in Miami, Florida and is one of the nation’s leading builders of quality homes for all generations. Lennar builds affordable, move-up and retirement homes in Communities that cater to almost any lifestyle – such as urban, golf course, Active Adult or suburban Communities. The firm builds homes in 17...

9/19/11Lennar Q3 2011 Sales Down 1 Percent; New Orders Up 11 Percent (Morningpick)

MIAMI, Sept. 19, 2011 /PRNewswire via COMTEX/ -- Revenues of  $820.2 million  - down 1% from Q3 2010 Net earnings of  $20.7 million , or  $0.11  per diluted share, compared to  $30.0 million , or  $0.16  per diluted share, in Q3 2010 Lennar Homebuilding operating earnings of  $27.1 million , compared to  $38.1 million  in Q3 2010 Gross margin on home sales of 21.1%: Improved 170 basis points from Q2 2011 Consistent with Q3 2010 S,G&A expenses as a % of revenues from...

7/25/11Westinghouse Solar (WEST) Named Supplier For Lennar Homes Solar Initiative (Green Stocks Central)

Westinghouse Solar (WEST), formerly Akeena Solar,  is soaring around 40% this morning on news that Lennar (LEN), one of the nation’s largest homebuilders, has named the company as a supplier of solar systems for new home buyers.  The multi-year agreement will have WEST supplying its solar AC systems for new homes in select communities in [...]

7/8/11(LEN) Lennar Buys Distressed Debt (Stock Blog Hub)

Lennar Corp. (LEN) recently acquired the distressed debt on the Century Grand project in Doral through one of its affiliates named Flordade LLC. State. The mortgaged property, which was purchased for an undisclosed sum, spans almost 153 acres of the Century Grand project. Before the purchase, the project was handled by homebuilder Sergio Pino with a [...]

6/23/11(LEN) Lennar’s Second Quarter Beats Estimates (Stock Blog Hub)

Lennar Corporation (LEN) reported net earnings of $13.8 million or 7 cents per share in the second quarter of fiscal 2011 ended May 31, 2011, compared with $28.7 million or 15 cents per share in the year-ago quarter. Reported earnings were higher than the Zacks Consensus Estimate of 4 cents per share. Total revenue in the [...]

6/23/11Thursday June 23, 2011 ETF To Watch: iShares Dow Jones U.S. Home Construction Index Fund (ITB, LEN) (Wall Street Sector Selector)

NYSE:ITB, NYSE:LEN, NYSE:KNH, NYSE:TOL, NYSE:HOV, NYSE:PHM

6/22/11(LEN) Lennar Second Quarter 2011 Earnings Preview (Stock Blog Hub)

Lennar Corp. (LEN) announced that it will release its second quarter 2011 results before the market opens on June 23, 2011. Miami, Florida-based Lennar Corp. earned a profit of 14 cents per share in the first quarter, comprehensively beating the Zacks Consensus Estimate of a loss of 6 cents per share. For the upcoming quarter, the [...]

3/29/11Market Updates: General Electric (NYSE:GE), General Motors (NYSE:GM), Ford (NYSE:F), Toyota Motor... (Jutia Group)

General Electric (NYSE:GE) said it would purchase power-conversion specialist Converteam for more than $3.5 billion to widen its portfolio of high-efficiency automation equipment for the oil and gas, thermal-power and renewable energy markets. The company will shell out about $3.2 billion in cash for a 90% [...]

3/29/11Earnings Roundup: APOL, LEN, MKC (Stock Wizard)

Apollo Group Inc. (NASDAQ: APOL) reported Tuesday that it swung to a fiscal second-quarter loss of $64 million, or 45 cents a share, from a profit of $92.6 million, or 60 cents a share, in the year-earlier quarter. On an adjusted basis, the company earned 83 cents a share in the latest quarter. Revenue dropped to $1.05 billion from $1.07 billion.  Analysts, on average, expected the company to report earnings of $0.68 per share on revenue of $1.03 billion. In the year ago quarter, the company...

3/25/11Lennar Corp. (NYSE: LEN): Q1 Earnings Preview 2011 (Stock Wizard)

Lennar Corp. (NYSE: LEN), the third-largest U.S. homebuilder by revenue, is scheduled to release first-quarter earnings before the opening bell on Tuesday, March 29 2011. Analysts, on average, expect the company to report a loss of 5 cents per share on revenue of $508.23 million. In the year-ago period, the company posted a loss of 4 cents per share on revenue of $574.44 million. In the preceding fiscal fourth-quarter, the Miami, Florida based company's net income was $32.0 million,...

2/26/11A New Black Eye for Housing (Penny Stock DD)

It isn't hard to be bullish on housing. Prices relative to income are back close to normal. Interest rates are low. Population growth and household formation are up. New construction is almost nonexistent. Mostly hated, the future of homebuilders like Lennar (NYSE: LEN) and Toll Brothers (NYSE: TOL) is much brighter than [...]

2/4/11PulteGroup, Inc. (PHM). Chart Update (Trading with the Average Jay)

Went short PulteGroup, Inc. (PHM) at $7.79 this morning. I will update post with chart tonight. Happy Trading UPDATE: Moved stop forward to make this a profitable trade if taken out before target reached. Profit target $7.28 this is $.03 above the floor of the prior demand box. I am also still short Lennar Corporation (Public, NYSE:LEN) at $19.39. The employment numbers are very bad, no matter how hard the Obama boys at CNBC try to pump the public. Combine this with...

2/2/11Lennar Corporation (Public, NYSE:LEN) Short Trade Exit (Trading with the Average Jay)

Yesterdays short trade in Lennar Corporation (Public, NYSE:LEN) (see prior post ) was exited at profit target $19.47. I choose my exit price point $.03 above the prior demand zone on the daily/hourly charts. The weather in most parts of the country is not helping folks get out to look for that new house. No matter what this administration is trying to feed the public (esp CNBC) things are not getting better. Have you been to the mall lately? Gas prices going up? How's your food bill at...

1/26/11Lennar Corporation (Public, NYSE:LEN) **UPDATED** (Trading with the Average Jay)

We are shorting Lennar Corporation (Public, NYSE:LEN) on the news. DOW JONES NEWSWIRES The volume of mortgage applications filed in the U.S. last week fell a seasonally adjusted 13% from the previous week, the Mortgage Bankers Association reported Wednesday, although the results didn't adjust for the Martin Luther King Jr. holiday on Jan. 17. Refinance activity dropped 15% to its lowest level in a year, according to the MBA's weekly survey, which covers more than half of all U.S. retail...

1/25/11Lennar Corporation (Public, NYSE:LEN) (Trading with the Average Jay)

Todays trade is a Short Swing Position in Lennar Corporation Class A Comm . Lennar Corporation, together with its subsidiaries, operates as a home builder and provider of financial services in the United States. The company's homebuilding operations include the construction and sale of single-family attached and detached homes, and multi-level residential buildings, as well as the purchase, development, and sale of residential land directly and through unconsolidated entities. (Business...

1/19/11Biggest U.S. Homebuilders to Gain Market Share Amid Recovery (Penny Stock DD)

The biggest U.S. homebuilders are poised to benefit from a fledgling rebound in demand for new houses this year, with competitors having gone out of business during the recession and sales likely to climb from record lows. D.R. Horton Inc., Lennar Corp. and Toll Brothers Inc. are among companies planning to boost their community counts by [...]

1/12/11Lennar Earnings: Time to Be Bullish? (Penny Stock DD)

Last time around, I was bearish on Lennar (LEN). This was following the company's third-quarter report. Well, now we've got the fourth-quarter report to consider. Should I change my opinion? You know, I feel like I should. Yesterday's price action was somewhat compelling. The stock experienced an increase in value of 7%. The [...]

12/30/10Lennar Corp. (NYSE: LEN): Q4 Earnings Preview 2010 (Stock Wizard)

Lennar Corp. (NYSE: LEN), the third-largest U.S. homebuilder by revenue, is scheduled to release fourth-quarter earnings before the market open on Tuesday, January 11, 2011. Analysts, on average, expect the company to report earnings of 2 cents per share on revenue of $754.08 million. In the year-ago period, the company reported earnings of 19 cents per share on revenue of $913.74 million. Lennar Corporation, together with its subsidiaries, operates as a home builder and provider of...

12/17/10Outperforming Lennar Shrugs Off Downgrade (Penny Stock DD)

Lennar Corp. (LEN) just can't seem to win much respect on Wall Street. Despite well-known fundamental issues within the housing sector, LEN has tallied a year-to-date advance of roughly 35% -- easily topping the 11.4% gain collected by the S&P 500 Index (SPX). Wall Street seems less than impressed by this technical outperformance, though. Earlier today, [...]

11/8/10Stock Market Faces Critical Test This Week (BAL, GT, LEN, RYN, ADP, GS, FNMA, FMCC) (Wall Street Sector Selector)

Stocks rose gently like heat waves off a radiator over the past week, as traders guessed, assessed and processed the results of the midterm elections and the Federal Reserve’s decision to try to light(...)Read the rest of Stock Market Faces Critical Test This Week (BAL, GT, LEN, RYN, ADP, GS, FNMA, FMCC) Copyright 2010 ETFDAILYNEWS.COM [...]

11/2/10Lennar Options Active Ahead Of Fed Descision (LEN) (Benzinga)

Lennar Corp. (NYSE: LEN) shares are active ahead of Wednesday interest rate decision. The home builder ETF(NYSE: XHB) is up 3% with Lennar up nearly 8% to 15.70 on above average volume of over 8 million shares vs 4 million 3 month average. Options traders focused heavily on the November 16 and 17 calls. The 16 strike trading 13k contracts vs open an interest of 20k. The 17 strike traded 6k contracts vs an open interest of 3500 contracts. The December 17 calls are active as well with...

10/20/10Puts Purchased on Lennar (LEN) (Benzinga)

Shares of Lennar Corporation (NYSE: LEN) are lower on the session by 3.45%, currently trading at $14.27. The stock has been moving largely lower over the past six months, off of a recent high near $21.00. With shares falling back through the 50 and 200-day moving averages, LEN looks primed to go lower. Options traders are buying puts on the name today. A short while ago the January 2011 $12.50 put was purchased 10,000 times, on the offer, on open interest of only 6,398 contracts. This...

10/14/10Top 4 Stocks In The Residential Construction Industry With The Highest Dividend Yield (MDC, KBH, ... (Benzinga)

Below are the top residential construction stocks on the NYSE and NASDAQ in terms of dividend yield. MDC Holdings Inc (NYSE: MDC) has a dividend yield of 3.70%. MDC's shares closed at $26.98 yesterday. KB Home (NYSE: KBH) has a dividend yield of 2.30%. KBH's shares closed at $11.11 yesterday. DR Horton Inc (NYSE: DHI) has a dividend yield of 1.40%. DHI's shares closed at $10.78 yesterday. Lennar Corporation (NYSE: LEN) has a dividend yield of 1.00%. LEN's shares closed at $15.85...

10/5/10Home-builder Stocks Continue to Lag (Benzinga)

Today the major stock market indexes are all in rally mode as the U.S. Dollar Index makes another new multi-month low. However, the home-builder stocks are not participating and this is a sign of weak relative strength. Toll Brothers Inc.(NYSE: TOL) is trading lower this morning by 0.02 cents to $18.73. While this is not major decline it is a sign of weak relative strength compared to the major stock market indexes. Toll Brothers Inc. will have daily chart resistance around the $20.00 level...

10/1/10Lennar Acquires Approximately $740 Million of Loans and Real Estate (Benzinga)

Lennar Corporation (NYSE: LEN) (NYSE: LEN.B) today announced that it completed the acquisitions of approximately $740 million of distressed real estate assets, in separate transactions, from three large financial institutions. The acquired assets include loans with a total unpaid principal balance of approximately $529 million and real estate properties with an appraised value of approximately $211 million. The real estate assets in these transactions were purchased at a discount and...

9/28/10(LEN) July Begins Second Downleg in Housing Prices (Stock Blog Hub)

In July, home prices started to slip again, but unevenly across the country. The Case-Schiller Composite 10 City index (C-10) rose 0.03% on a seasonally adjusted basis, and is up 4.01% from a year ago. The broader Composite 20 City index (which includes the cities in the C-10) fell by 0.13% on the month and [...]

9/20/10Lennar Corp. returned to a profitable third quarter Monday (Penny Stock DD)

Alex Veiga, AP Real Estate Writer, On Monday September 20, 2010, 5:12 pm EDT LOS ANGELES (AP) -- Lennar Corp. returned to a profitable third quarter Monday as strong completed sales helped drive a 14 percent jump in revenue and the homebuilder's construction costs declined. But the absence of federal homebuyer tax credits sapped [...]

9/20/10The Housing Recession is Not Over (Comments on: Homepage)

September 20, 2010 CNN Money The worst is over for the housing market -- at least according to Wall Street. Shares of home builder Lennar were up more than 6% Monday after the company reported a stronger-than-expected profit for the third quarter (it reported a loss a year ago) as well as a 14% increase in sales. Other [...]

9/20/10Despite Disappointing Housing Outlook, Homebuilders Surge (TOL, PHM, KBH, LEN) (Benzinga)

Despite a housing survey showing continued weakness, homebuilders are surging this afternoon. Toll Brothers (NYSE: TOL), PulteGroup (NYSE: PHM), KB Home (NYSE: KBH), and Lennar Corporation (NYSE: LEN) are all higher by more than 3%. According to a Reuters report, "The National Association of Home Builders/Wells Fargo Housing Market Index was unchanged at 13, matching last month's level, which was the lowest since March 2009. Economists polled by Reuters expected a rise to 14." A reading...

9/20/10News Summary (IBM, NZ, DFS, HD, LOW, LEN) (Benzinga)

IBM (NYSE: IBM) has agreed to buy Netezza Corp (NYSE: NZ) for about $1.7 billion or $27 per share, representing an 85% premium to its 3-month trading average of $14.54. IBM is looking to increase its business analytics products for sales, marketing and product development. The company is expecting the deal to close in the fourth quarter. NZ's shares surged about 12% following the news. US Financial stocks moved up, driven by the quarterly results of Discover Financial Services (NYSE: DFS),...

9/20/10Stocks Bid Higher at Kickoff (Benzinga)

Wall Street started the new trading week with cautious gains at Monday's open as the markets continue their bullish September mood. Today's Markets As of 9:32 a.m. ET, the Dow Jones Industrial Average rose 21.66 points, or 0.19%, to 10629.50, the Standard & Poor's 500 gained 2.44 points, or 0.22%, to 1128.03 and the Nasdaq Composite advanced 5.06 points, or 0.22%, to 2320.65. The consumer-friendly FOX 50 added 2.00 points, or 0.25%, to 812.49. The latest gains didn't appear to be built...

9/20/10Lennar Beats Expectations, But Housing is Still a Mess (Wall St. Cheat Sheet)

New orders dropped 15% to 2,624, but earnings crushed those from last year ...

9/20/10Lennar Beat Puts Homebuilders In Focus Ahead of Data (LEN, BZH, MHO, KBH, PHM, TOL, MTH, RYL) (tickerspy.com)

Homebuilders took a hit last week after bearish foreclosure data stoked fears of a continued housing slump, but Lennar (LEN) rebounded on Monday after better-than-expected fiscal third-quarter earnings. The company recorded net income of $30 million or 16 cents per share for the quarter ended August 31, compared to a loss of -$171.6 million [...]

9/20/10The Week in Preview: Housing Data, Lennar's Earnings and More (Benzinga)

Housing steps into the spotlight again this coming week. The release of the National Association of Homebuilders Housing Market Index starts out the week on Monday morning. Then on Tuesday morning, look for housing starts data from August. Release of the July FHFA House Price Index is scheduled for Wednesday. And numbers for existing home sales and for new home sales in August are due out Thursday and Friday, respectively. Overall, the housing market is expected to have continued to lose...


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