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Warren Buffett's Bet On Lennar: Will The Homebuilding Giant's Earnings Report Validate The Investment?
Monday, March 11, 2024 - 3:59pm | 804Lennar Corp (NYSE:LEN) is the last of the major homebuilders to report earnings for the October-December period on Wednesday and gives the market an update on the state of the homebuilding industry. Consensus estimates suggest earnings per share of $2.21, up 4.2% from the $2.12 reported in the same...
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Different Strokes With Homebuilders ETFs
Tuesday, April 11, 2017 - 8:31am | 550One of the better performing corners of the consumer discretionary sector this year are homebuilders stocks. For example, the iShares Dow Jones US Home Const. (ETF) (NYSE: ITB) is up 15.3 percent, more than double the year-to-date returns offered by the Consumer Discretionary SPDR (ETF) (NYSE: XLY...
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DR Horton and Home Depot to Open Near 52-Week Highs
Monday, January 9, 2012 - 7:38am | 675The Dow and the S&P 500 both closed down less than 1% on Friday, but were higher than at the start of last week. Also on Friday, in a positive sign for the housing sector, homebuilder DR Horton (NYSE: DHI) and home-improvement retailer Home Depot (NYSE: HD) managed to reach 52-week highs -- of...