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Items Tagged with 'Lennar'

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Lennar net earnings rise, beat 4Q estimates

Mortgage and title operations boost profitability
Brena Swanson
Lennar reported a rise in net earnings for the fourth quarter despite the housing market’s slow recovery. That slow recovery could pick up speed in the new year, thanks to recent changes in credit availability and affordability.
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Will homebuilders benefit from lower FHA premiums?

Builders stocks surge on the news
Brena Swanson
The Federal Housing Administration’s news that it is reducing the annual mortgage insurance premiums is not only good news for homebuyers but also for homebuilders.
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Here’s how homebuilders are standardizing solar panels

Lennar helps pave the way
Brena Swanson
Solar panels are starting to become available as standard features as the industry works to make it easier and cheaper for homeowners to generate electricity from the sun.
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Lennar earnings soar amid positive builder news

Beats analyst expectations
Brena Swanson
Homebuilder Lennar reported strong third-quarter earnings amid positive industry reports on builder confidence. "Our core homebuilding business continues to drive earnings, with strong sales, deliveries and margins," Stuart Miller, CEO of Lennar Corporation, said.
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Homebuilders to weigh in on mixed 2Q14 earnings

Projections remain positive so far
Brena Swanson
Moving further into second-quarter earnings season, homebuilders are starting to release how they are measuring up in the housing industry, with D.R. Horton next on the list for Thursday morning.
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Lennar explores other housing options as market constricts

Mortgage standards keep first-time shoppers on sidelines
Brena Swanson
Lennar is starting to mull over other housing ideas due to a drought in first-time homebuyers.
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Lennar beats estimates, posts $1.82B revenue

Raises prices, delivers more houses
Brena Swanson
Homebuilder Lennar surpassed analysts' expectations and posted a second-quarter revenue of $1.82 billion as the company raised its prices and delivered more houses.
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Lennar CEO: Tight lending holds back recovery

Brena Swanson
The housing market still has a way to go according to one major homebuilder as generational forces and still-tight mortgage lending hold back recovery.
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Homebuilder stocks dive on existing home sales news

Markets stabilize after bleeding followed FOMC
Trey Garrison
Homebuilder stocks were down in early afternoon trading on news of the continuing decline in existing home sales, moving at the slowest pace in 18 months.
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Sterne Agee analyst neutral on two homebuilders

Investors should look past cold-weather effects
Trey Garrison
Builders in key areas were battered by the cold weather in the first months of 2014, but investors should look past the effects and at the bigger picture, says Sterne Agee analyst Jay McCanless.
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