Guess (GES) Guess shares slid after the clothing brand and retailer posted lower than expected 2024 profit guidance. The company sees adjusted earnings per share of $2.45 to $2.80 versus Wall Street e...
Tag: Lennar
Citigroup, Target, Lennar, and 2 More Companies Keeping Their Dividends Steady
PPL, a utility based in Allentown, Pa., said this week that it plans to raise its next quarterly dividend by 7%. It was an otherwise light stretch for such announcements among large U.S. companies. PP...
Tesla, Warner Bros. Discovery, Lennar and more
Check out the companies making headlines before the bell: Tesla (TSLA) – Tesla fell 1.2% in premarket trading after an SEC filing showed that Elon Musk sold another $3.6 billion in shares. The stock i...
Oracle Stock, Lennar Surge Off Lows With Earnings Due Soon; Darden Restaurants Sets Up Ahead Of Results
Oracle (ORCL) is set to report earnings in the coming week, along with a handful of other firms, as stock market bulls hold out hope for a Santa Claus rally. Since late September, Oracle stock has ral...
These Are the 7 Worst Housing Markets, According to Lennar
Higher mortgage rates have cut into home sales at a national level—but, as the saying goes, all real estate is local. Lennar , the nation’s second-largest builder by market capitalization, on Thursda...
Lennar, KB Home, General Motors and more
Lennar (LEN): Shares fell after the homebuilder reported its third quarter results were impacted by higher rates. Revenue totaled $8.9 billion for the quarter, missing Wall Street’s estimate of $9.04 ...
H.B. Fuller, KB Home, Lennar and more
Residential single family homes construction by KB Home Residential single family homes construction by KB Home are shown under construction in the community of Valley Center, California, U.S. June 3,...
Lennar CEO on Q3 results: ‘demand remains strong’
Lennar Corporation (NYSE: LEN) remained roughly flat in extended trading even after the homebuilder reported better-than-expected profit for its fiscal third quarter. Key takeaways from Lennar Q3 repo...
Lennar, Coinbase, Array Technologies and more
A worker at a Lennar home under construction. Justin Sullivan | Getty Images News | Getty Images Check out the companies making the biggest moves midday Monday: D.R. Horton, Lennar, PulteGroup — Homeb...
U.S. Stocks Poised for Mixed Open on Monday
Stocks were poised for a mixed open in New York on Monday ahead of the Federal Reserve’s monetary policy meeting. (Photo by ANGELA WEISS/AFP via Getty Images) AFP via Getty Images Text size U.S....
People Are Backing Out of Home Purchases
Text size D.R. Horton said its cancellation rate was 24% in the latest quarter. Above, contractors at a D.R. Horton development in Florence, Ariz. Caitlin O’Hara/Bloomberg In its most recent qua...
Best and Worst Spots in the U.S. Housing Market, According to Lennar
Elias Stein Text size Jersey and Florida are hot. Austin and Seattle are not. On Tuesday, home builder Lennar ’s co-CEO Richard Beckwitt on an earnings call provided a tour of U.S. housing markets. “S...
The 7 Worst Housing Markets in America, According to Lennar
Text size Rising mortgage rates are dragging on the housing market. Justin Sullivan/Getty Images Jersey and Florida are hot. Housing in Austin and Seattle is not, according to the co-CEO of the U.S.’s...
Lennar Starts Cutting Prices in Cooling US Housing Market
(Bloomberg) — Lennar Corp. has started trimming prices and offering buyer incentives in some areas of the US to bolster sales in a cooling housing market. Most Read from Bloomberg Rapidly rising...
Lennar Corp reports a strong Q2: ‘we’re focused on affordability’
Lennar Corporation (NYSE: LEN) is up 5.0% on Tuesday after the homebuilder reported solid results for its fiscal second quarter in the face of inflationary pressures. Executive chairman’s remark...
Kellogg, Lennar, Spirit Airlines and others
Check out the companies making headlines before the bell: Kellogg (K) – Kellogg jumped 8.1% in premarket trading after announcing plans to split into three separate public companies. One entity will c...
The Housing Market Just Hit a Wall. What’s Next for Prices, Brokers, and Builder Stocks.
My summer portfolio strategy is to play the old disco hit “Baby Come Back” while slow dancing with my December brokerage statements. If it works, I have a business idea involving Hall, Oates, and a tw...
Lennar Corp Q1 results: ‘demand remains strong for foreseeable future’
Lennar Corporation (NYSE: LEN) on Wednesday reported better-than-expected profit for its fiscal first quarter. Shares were trading up after-hours. Important points in Lennar Q1 earnings report Earning...
Stocks making the biggest moves after hours: Lennar, Williams-Sonoma and more
A contractor carries boards through a house under construction at the Lennar Corp. Tree Tops community development in Lancaster, South Carolina, U.S., on Monday, Jan. 8, 2018. Travis Dove | Bloomberg ...
Home Building Stocks Are Ultracheap, Analyst Says. Investors Are Catching On.
Home building stocks now are “dirt cheap,” according to one Wall Street analyst, and investors are beginning to take notice. Stephen Kim, the home building analyst at Evercore ISI, wrote in a client ...
Stocks Are Sinking and Rates Are Rising. It’s Painful, But We’re Heading for Normal.
Stocks and bonds are tumbling. Housing has weakened. And I haven’t heard a word about nonfungible cartoon monkey tokens in maybe three months. Strategists are now turning to truly bizarre assets—two I...