Housing market stuck as mortgage rates, tariffs and uncertainty jam buyers [Yahoo! Finance]
Lennar Corporation Class A (LEN)
Last lennar corporation class a earnings: 3/19 06:00 am
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Source: Yahoo! Finance
Mortgage rates and a lack of new homes on the market remain the main obstacles to unbinding the $50 trillion-plus housing market. The sector has seen record high prices and notably fewer transactions since the Covid pandemic as overall home-buying costs have surged. Don't miss the move: Subscribe to TheStreet's free daily newsletter The average rate for a 30-year fixed mortgage, pegged at 6.71%, barely budged last week, the Mortgage Bankers' Association reported Wednesday. "Markets remained focused on potential trade-policy changes," while the Federal Reserve held the Federal Funds Rate at its current level, the group's chief economist, Joel Kan, said in a statement. Related: Crushing the dollar won't solve America's debt problem.
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News
- National Fountain Retailer Debuts Art & Statuary Collection [Yahoo! Finance]Yahoo! Finance
- Lennar Co. (NYSE: LEN) had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $141.00 to $120.00. They now have a "neutral" rating on the stock.MarketBeat
- Lennar Co. (NYSE: LEN) had its price target lowered by analysts at Keefe, Bruyette & Woods from $141.00 to $128.00. They now have a "market perform" rating on the stock.MarketBeat
- Lennar Co. (NYSE: LEN) had its price target lowered by analysts at UBS Group AG from $183.00 to $164.00. They now have a "buy" rating on the stock.MarketBeat
- Lennar Co. (NYSE: LEN) had its price target lowered by analysts at Barclays PLC from $121.00 to $110.00. They now have an "equal weight" rating on the stock.MarketBeat
LEN
Earnings
- 3/20/25 - Beat
LEN
Sec Filings
- 3/20/25 - Form 8-K
- 3/4/25 - Form 4
- 3/4/25 - Form 4
- LEN's page on the SEC website