Lennar sees housing demand rebounding, shares up nearly 10 percent

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Lennar Corp. (LEN) Announces Up to $1B Share Buyback Authorization

January 11, 2019 5:51 AM EST

Lennar Corporation (NYSE: LEN ) announced that its Board of Directors authorized the Company to repurchase from time to time up to $1 billion in value, or 25,000,000 in shares, of the Company's outstanding Class A or Class B common stock. The repurchase authorization has no expiration date. The purpose of the... More

Lennar Corp. (LEN) Declares $0.04 Quarterly Dividend; 0.4% Yield

January 11, 2019 5:50 AM EST

Lennar Corp. (NYSE: LEN) declared a quarterly dividend of $0.04 per share, or $0.16 annualized.

The dividend will be payable on February 8, 2019, to stockholders of record on January 25, 2019, with an ex-dividend date of January 24, 2019.

The annual yield on the dividend is 0.4 percent.

For... More

Lennar (LEN) PT Lowered to $53 at RBC Capital

January 10, 2019 6:53 AM EST

RBC Capital analyst Mike Dahl lowered the price target on Lennar (NYSE: LEN) to $53.00 (from $58.00) while maintaining a Outperform rating.

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