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Lennar LEN, -0.77% raised its annual dividend to $2.00 a share, a 33% increase, and said the homebuilder's board has authorized a $5 billion increase to its share-repurchase program.
A resilient housing market makes investment in homebuilding stocks more profitable. Let us analyze which is a better pick?
After beating Q4 top and bottom-line expectations in mid-December, Lennar Corporation (LEN) has remained on a long list of homebuilders that have largely outperformed the broader market.
Lennar (LEN) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Lennar (LEN) benefits from accretive business strategies resulting in increased new orders and deliveries. However, high costs and an uncertain economic scenario hurt growth prospects.
Jay McCanless, Wedbush housing analyst, joins 'Power Lunch' to discuss the housing sector.

Homebuilder ETFs 2024 Prospects Appear Bright

12:46pm, Wednesday, 20'th Dec 2023
Recent mortgage rate reductions and signals from the Federal Reserve about upcoming rate cuts have reignited the housing market.
Lennar (LEN) acquires nine neighborhoods in the Tuxedo Reserve master-planned community, expanding NY footprint.
Stocks like Dream Finders Homes (DFH), Lennar Corporation (LEN), D.R. Horton (DHI) and Toll Brothers (TOL) are likely to benefit in the near term as mortgage rates are declining.
Carter Worth, Worth Charting founder and CEO, joins 'The Exchange' to discuss homebuilder stocks, whether it's the right time to trim regional bank stocks, and more.
Christmas has come early on Wall Street thanks to the U.S. Federal Reserve. The central bank's last interest rate decision of 2023 delivered everything investors wanted to hear.
Lennar Corporation (NYSE:LEN ) Q4 2023 Earnings Call Transcript December 15, 2023 11:00 AM ET Company Participants David Collins - VP & Controller Stuart Miller - Executive Chairman Jon Jaffee - Co-CE
Rafe Jadrosich, BofA Securities senior homebuilders analyst, join 'The Exchange' to discuss the outlook for homebuilders, the impact of rate cuts, and more.
Lennar Corporation NYSE: LEN share prices pulled back following the Q4 release, but this is a classic buy-the-dip opportunity. The strong results relative to the consensus figure were not unexpected

Lennar Stock Takes a Breather After Earnings

10:42am, Friday, 15'th Dec 2023
Lennar Corp   (NYSE:LEN) stock is in focus today, after the homebuilder reported fourth-quarter earnings last night.
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