Lennar Corp. (NY: LEN)
38.03 USD  -0.40 (-1.04%)
Streaming Delayed Price  /  Updated: 1:08 PM EDT, Apr 23, 2014  /  Add to My Watchlist      
(LEN) Community Analysis from
April 23, 2014
(Jutia Group, 2/6/14)
[24/7 Wall St.] - These are the top analyst upgrades, downgrades and initiations seen from Wall Street research firms on is...(read more)
Almost everyone in the financial media has been talking about the yield on the 10-year U.S. Treasury Note. When the yield moves higher the home-builder stocks, real estate investment trusts (REITs),...(read more)
(Stock Blog Hub, 11/24/13)
Although home prices are rising at the fastest pace in seven years and sales of previously owned homes in April hit their highest level in more than three years, Heidi Moore...(read more)
Lennar (LEN) Company Overview

Lennar (NYSE: LEN) is the second largest homebuilder in the United States. In 2009, Lennar delivered 11,478 new homes.[1] Lennar is heavily exposed to fluctuations in the housing and credit markets. Due to this exposure, Lennar has been hit particularly hard by the rapid decline of prices in the U.S. housing market and the subsequent subprime lending crisis in 2007 and early 2008.

Like most homebuilders, it finances most of its operations through large lines of credit with major financial institutions. The volatility in the housing market has made assessing risk very difficult and consequently, financial institutions are unwilling to lend as freely. However, Lennar has set itself apart from other homebuilders by selling assets, paying off debts, and increasing its cash reserves, all of which help protect its long-term outlook from short-term drops in demand for residential housing.[2]

(Read more at Wikinvest )

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