Lennar Stock Dives As Q1 Revenue Disappoints — CEO Flags ‘Housing Shortage In America Has Not Been Solved’
Lennar CEO said that the company's first quarter was defined by the same persistent headwinds that have challenged the housing market for over three years — high mortgage rates, constrained affordability, cautious consumer sentiment.
Stocktwits·1d ago
More News
Should You Invest in the iShares U.S. Home Construction ETF (ITB)?
Sector ETF report for ITB
Zacks·1mo ago
Trump To Ban Institutional Buys Of Single-Family Homes In Affordability Housing Push
In a Truth Social post, President Donal Trump said that he would be calling on Congress to codify the move.
Stocktwits·2mo ago
Build Buffett's Berkshire-Like Portfolio With These ETFs
Build a Buffett-style portfolio with ETFs. Berkshire's latest moves spotlight GOOGL, staples, insurance picks and ETFs like GXPC, FCOM, IYK, PBJ, IAK and KBWP.
Zacks·4mo ago
Fed Rate Decision Ahead: ETF Areas Likely to Win
Fed rate cuts in October may fuel gains in SHV, VYM, ITB, SPYG & CARZ as lower borrowing costs should favor income plays, housing, growth & autos.
Zacks·5mo ago
Lennar Stock Falls After-Hours On Soft Q3, But Retail Traders Turn Optimistic Following Fed Rate Cut
Management anticipates further declines in mortgage rates.
Stocktwits·6mo ago
Insights Into 13F Filings: ETFs to Invest in Like Billionaires
Hedge funds invest in Microsoft, UnitedHealth and homebuilders. ETFs like MAGS, IHF and XHB let you invest like billionaires.
Zacks·7mo ago
Invest Like Warren Buffett With These ETFs
Buffett's Berkshire reshapes its portfolio with big bets on UnitedHealth and housing, while trimming Apple and Bank of America. The big bets put focus on ETFs like IHF and ITB.
Zacks·7mo ago
Home Depot, Lowe's To Report Earnings This Week: Retail Traders Stay Hopeful Despite Fears Of Price Hikes, Outlook Cut
A sluggish housing market and high inflation have hurt businesses at these home improvement product retailers.
Stocktwits·7mo ago
U.S. New Home Sales Miss Expectations: ETFs in Focus
New U.S. home sales inched up 0.6% in June, missing forecasts as high mortgage rates and rising inventories weigh on demand. Keep a close tab on ITB and XHB.