|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's range||63.46 - 65.97|
|52-week range||25.42 - 71.38|
|Beta (5Y monthly)||1.59|
|PE ratio (TTM)||9.83|
|Earnings date||30 Sep 2020 - 05 Oct 2020|
|Forward dividend & yield||0.50 (0.77%)|
|Ex-dividend date||09 Jul 2020|
|1y target est||71.00|
Helping to lead stocks higher, social media giant Twitter (NYSE: TWTR) was up 6%, while homebuilder Lennar (NYSE: LEN) picked up 5%. Twitter shares have rebounded sharply during July, rising nearly 20% in just over a week's time. Rival Facebook (NASDAQ: FB) has gotten the most attention, as dozens of high-profile companies have pulled advertising from its platforms because of Facebook's failure to address concerns about hate-speech posts.
Standard & Poor’s said Tuesday that its S&P CoreLogic Case-Shiller national home price index posted a 4.7% annual gain in April.
Homebuilder Lennar is poised to benefit from buyers looking to move to less congested areas as shelter in place measures ease amid coronavirus.
Today's conference call may include forward-looking statements, including statements regarding Lennar's business, financial condition, results of operations, cash flows, strategies and prospects. Forward-looking statements represent only Lennar's estimates on the date of this conference call and are not intended to give any assurance as to actual future results. Because forward-looking statements relate to matters that have not yet occurred, these statements are inherently subject to risks and uncertainties.
Lennar (LEN) delivered earnings and revenue surprises of 27.91% and -0.03%, respectively, for the quarter ended May 2020. Do the numbers hold clues to what lies ahead for the stock?
The latest developments surrounding COVID-19 and its continued impact on the U.S. economy will take center stage in a busy week ahead.
While focus on entry-level buyers and robust backlog are likely to have aided Lennar's (LEN) fiscal Q2 performance, coronavirus-led disruptions and lower average selling prices may have been concerns.
Lennar (LEN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Lennar (LEN) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
The Zacks Analyst Blog Highlights: D.R. Horton, Lennar, Ethan Allen Interiors, The Lovesac Company and NVR
Homebuilders are now more optimistic about the trajectory of the housing industry's recovery, which calls for keeping an eye on solid housing-related stocks.
Shares of residential homebuilders D.R. Horton (NYSE: DHI), Lennar (NYSE: LEN), and PulteGroup (NYSE: PHM) rose more than 25% in April, according to data provided by S&P Global Market Intelligence. Horton's share price improved the most, jumping 38.9% during the month. Lennar saw its shares rise 31.1%, while PulteGroup trailed with a 26.7% gain.