Lennar Corporation completes spin-off of
Millrose Properties. The former sets February 7 as the spin-off date and announces a 1:2 share distribution. Lennar initiates the spin-off of Millrose shares while announcing a related distribution ratio.
Lennar is projected to report lower Q2 earnings, as predicted by Wall Street's accurate analysts. Simultaneously, Lennar remains opportunistic, garnering recommendations to hold shares. The detached
Millrose Properties begins record date and election period, following its earlier disclosure. Lennar's
stock faces volatility risks amid external pressures. However, it makes Greenhaven Associate's top stock picks. Lennar also scales up its residential solar platform, partnering with
Sunnova Energy on an acquisition agreement.
Investigations into Lennar's 2 share classes underway as the company experiences a new 1-year low following an analyst downgrade.
Lennar Corporation Class A LEN News Analytics from Thu, 04 Apr 2013 07:00:00 GMT to Sat, 08 Feb 2025 17:11:56 GMT -
