Lennar Corporation has successfully finished the spin-off of
Millrose Properties. This occurred after announcing a 1:2 share distribution set for February 7. This move transformed Lennar from a large-scale homebuilding company into a focused manufacturer. The company remains as an attractive and profitable option despite facing some external pressures that may lead to volatility risks. In other news, Lennar saw a glowing endorsement from
Warren Buffett's Berkshire which snagged up several shares of the company. Moreover, Stillwater Golf Course, a property of Lennar, received acknowledgment from Sports Illustrated as the most innovative course design for 2022. Furthermore, the residential solar platform of Lennar,
SunStreet, is set to be acquired by Sunnova Energy. All these developments present potential and varied opportunities for Lennar's two class shares (LEN and LEN.B).
Lennar Corporation Class A LEN News Analytics from Thu, 04 Apr 2013 07:00:00 GMT to Fri, 14 Feb 2025 04:12:00 GMT -
Rating 8
- Innovation 3
- Information 7
- Rumor 7
