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Lennar Corp. - LEN.B STOCK NEWS

Welcome to our dedicated news page for Lennar (Ticker: LEN.B), a resource for investors and traders seeking the latest updates and insights on Lennar.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Lennar's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Lennar's position in the market.

Rhea-AI Summary
Lennar Corporation has announced the election of Serena Wolfe to its Board of Directors, effective September 2, 2023. Ms. Wolfe, currently the Chief Financial Officer of Annaly Capital Management, brings nearly 25 years of experience in accounting, with a focus on real estate and financial services sectors. She is also a director and Chair of the Audit Committee at Doma Holdings, Inc.
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2.39%
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management
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Rhea-AI Summary
Quarterra Multifamily (Lennar Corporation) Announces Leasing Start for Winslow, a Bohemian Mid-Rise Community in San Diego's University Heights Neighborhood
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End-of-Day
1.4%
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Rhea-AI Summary
Quarterra Multifamily and CPPIB announce the topping off of The Dori, a 222-home mid-rise community in Doral, Florida. The community is inspired by nature and features energy-saving smart home technology. It has earned a National Green Building Standard bronze certification for its environmentally friendly design. The Dori offers residents in-neighborhood opportunities and easy access to the Miami Metro Area. It is positioned near major regional employers and sports venues. The community includes a resort-style pool, fitness center, skylounge, and other amenities.
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1.17%
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1.24%
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Rhea-AI Summary
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0.81%
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Rhea-AI Summary
Lennar Corporation reports second quarter 2023 results with net earnings of $872 million and deliveries of 17,074 homes. Gross margin on home sales is 22.5% and net margin is 15.8%. Homebuilding debt to total capital is 13.3%. The company expects to deliver between 17,750 to 18,250 homes in the third quarter with a gross margin between 23.5% to 24.0%.
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4.41%
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-0.55%
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3.57%
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Rhea-AI Sentiment
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2.35%
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Lennar Corp.

NYSE:LEN.B

LEN.B Rankings

LEN.B Stock Data

New Housing For-Sale Builders
Construction
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US
Miami

About LEN.B

Lennar Corporation is a homebuilder and an originator of residential and commercial mortgage loans.