Lennar Corporation remains opportunistic for investors despite a large market run and maintains a hold status. Expected to report slightly lower Q2 earnings, the company continues to inspired belief in Wall Street's most accurate analysts. Lennar's aggressive capital return strategy, incorporating higher dividends and a huge stock buyback program, is currently underway. Further interest is seen in Free Cash Flow ETFs. New England Research & Management Inc., Marsico Capital Management LLC, and WINTON GROUP Ltd have sold their shares while Strategic Financial Concepts LLC and 3Chopt Investment Partners LLC are new buyers. Warren Buffet’s Berkshire Hathaway has also shown interest in homebuilder stocks like Lennar. The firm's resilience in the housing market shows potential, with its latest venture being townhomes at the world-class Angeline master-planned community in Florida. Wolfe Research has also raised Lennar's price target from $75 to $85. Lennar's residential solar platform, SunStreet, is set to be taken over by Sunnova. The top US home builder is co-hosting an exclusive real-estate sales event with Nest GH in Accra.
Lennar Corporation Class A LEN News Analytics from Wed, 04 Oct 2017 07:00:00 GMT to Tue, 08 Oct 2024 04:10:45 GMT -
Rating 6
- Innovation 2
- Information 7
- Rumor -3
