Lennar Corporation (LEN) has generated attention for its buoyant financial performance, favourable projections, and an aggressive capital return strategy. The company has been targeting greater dividends and extensive stock buybacks. Renowned investor Warren Buffett's Berkshire Hathaway has also shown confidence in the homebuilding sector, with Lennar being one of the homebuilders. Notably, the company sustains resilient standing in the housing market regardless of boom or bust, a positive sign for long-term investments. LEN recently entered the news for selling townhomes at Angeline's world-class master-planned community and for the naming of its Stillwater Golf Course in St. Johns, Florida as one of the most notable by Sports Illustrated. Furthermore, Billionaire investor Mario Gabelli is reportedly setting his sights on this homebuilder. LEN’s two share classes have also come under investigative scrutiny. In a major development, Lennar's residential solar platform for homebuilders, SunStreet, is set to be acquired by Sunnova. Lastly, Lennar is co-hosting an exclusive real-estate sales event with Nest GH in Accra.
Lennar Corporation Class A LEN News Analytics from Thu, 04 Apr 2013 07:00:00 GMT to Sat, 18 May 2024 00:46:00 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor 3
