Monthly Chart: Pull back?It is at resistance now, can it pull back to 40-35 range in May? If it closes below that red line for April, then it can pull back.by babu_trader5
Sell after break the low of the last candleshort : 70.22 stop : if daily candle close above 72.24 Tp1 : 67.65 Tp2 : 65Shortby HussainKovic5
LEN - looks like rates are headed lower?LEN is telling me rates are gonna stay low and perhaps go lower for a while. Last time we were waiting for pullback headed in the end of 2019. The new year has seen nothing but a tear. I'm convinced that FED will need to take action as rates start to test lows. Stock looks great but should pull back to channel before next leg up. 2020 may be very good year for homebuilders. No positions.by BobbySpa3
YOU KNOW THE FUCKING DRILLIncrease in Div, building aint slowing down. Int rates low..money is cheaper, people need living space. Cities are expanding exponentially. Longby UnknownUnicorn24963292
LEN - Big Beat, Big Spike, Big Retrace?Lennar had a great quarter and as long as the consumer in the United States stays strong and interest rates stay low, they will continue to do well. So what gives? Why did it retrace today? Yo be honest, I don’t know but what I DO know is that I would be very interested at the 52-54 level if the price does not break up above the yellow counter trend line. If we get a weekly close above the trend line I will initiate the position and ride it back to ATH’s. Check out my related ideas. They’re on fire :) Thanks for your likes and more importantly, for you FOLLOW and comments. Let’s make money together!Longby chartsareforships8
Lennar surges on earnings Stock well below its average price target among analysts $66.93 Short interest 4.9%. Very reasonable 9.45 P/e Ratio. Mr. Miller earnings call transcript "As we head into 2020, we expect our fiscal 2020 deliveries to be in the range of 54,000 - 55,000 homes, homebuilding gross margin percentage to be in the range of 20.5% - 21.0% and our cash flows to continue to accelerate as we continue to refine our overall land program. With only $600 million of senior notes due in 2020, we will opportunistically deploy excess cash flow to repurchase additional debt and return capital to shareholders." Net earnings of $674.3 million, or $2.13 per diluted share, compared to $796.1 million, or $2.42 per diluted share (Q4 2018 included $0.58 per diluted share related to gain on sale of Rialto investment and asset management platform, partially offset by non-recurring expenses) Deliveries of 16,420 homes – up 16% New orders of 13,089 homes – up 23%; new orders dollar value of $5.2 billion – up 23% Backlog of 15,577 homes – compared to 15,616 homes; backlog dollar value of $6.3 billion – down 4% Revenues of $7.0 billion – up 8% Homebuilding operating earnings of $892.5 million, compared to $806.7 million Financial Services operating earnings (net of noncontrolling interests) of $81.2 million, compared to $57.6 million Multifamily operating earnings (net of noncontrolling interests) of $4.8 million, compared to $33.0 million Lennar Other operating earnings (net of noncontrolling interests) of $10.8 million, compared to loss of $48.5 million Homebuilding cash and cash equivalents of $1.2 billion Homebuilding debt to total capital of 32.8% Retired $600 million of homebuilding senior notes Repurchased 1.7 million shares for $98.2 million Company profile Lennar Corp. is a homebuilder company, which engages in the provision of real estate related financial and investment management services. It operates through the following segment: Lennar Financial Services, Lennar Multifamily and Rialto. The Lennar Financial Services segment focuses on the mortgage financing, title insurance and closing services for both buyers of homes and others. The Lennar Multifamily develops, constructs and manages property of multifamily rental. The Rialto segment involves in raising, investing, and managing third-party capital, originating, and selling into securitizations commercial mortgage loans. The company was founded by Gene Fisher and Arnold Paul Rosen in 1954 and is headquartered in Miami, FL. Longby Bullishcharts42
$LEN Possible trade in Lennar CorpEntry level $56 = Target price $60 = Stop loss $55 Stock is currently sitting on strong support and has a nice reversal in yesterdays session. Currently has a average buy rating and a $85 target among analysts. Very reasonable 9 P/E Sector has fallen out of favor in recent months as capital runs back into high risk sectors. Lennar Corp. is a homebuilder company, which engages in the provision of real estate related financial and investment management services. It operates through the following segment: Lennar Financial Services, Lennar Multifamily and Rialto. The Lennar Financial Services segment focuses on the mortgage financing, title insurance and closing services for both buyers of homes and others. The Lennar Multifamily develops, constructs and manages property of multifamily rental. The Rialto segment involves in raising, investing, and managing third-party capital, originating, and selling into securitizations commercial mortgage loans. The company was founded by Gene Fisher and Arnold Paul Rosen in 1954 and is headquartered in Miami, FL.Longby Bullishcharts1131
LENNicely moved out of cup and handle and trading above upper trend line. Support at around 59.50 range if it breaks the trend. It might trade side ways and form bull flag on daily. Will closely watch by dragonboys3
LEN movementsPossible triangle with some sideways movement back from Feb-Mar 2018 (Black dash). Trend line from July of this year (blue line). Daily- RSI Overbought, Stoch Overbought, Nice Volume the last 2 days from good earnings, candle closed outside of BB. 4 HR- RSI Overbought, Stoch Overbought and looking like a potential crossover coming, Last 4 hrs of trading was about on par with higher levels of trades over the last few weeks... Nothing special. Candle closed as a positive doji outside of the BB. 1 HR- RSI dropping from overbought, Stoch Overbought with a crossover looking imminent, MACD weakening and looking to go south barring "news". Possible for a little more room to the upside during risk free friday. Today's tail topping right at the top of the possible triangle. This is not advice. Shortby MichaelMF2
LEN - Reaching or ready to fly?Been watching this for about a month. Looks like it is being accumulated. Sinking interest rates in 2019 is reason for rise this year. But if interest rates keep sinking and economy is slowing down can't see why this would gain traction. This hit $5 ten years ago when recession hit. Wouldn't want to a bad earnings report here. What do you think?by BobbySpa2
Lennar Corp has trouble meeting demand, LONG LONG LONG Quit simply homebuilders are a safe investment, trading at extremely low P/E ratio's while in turn new home sales are near a 12 year high. The reduction in interest rates have had a immediate effect on demand, to the point that demand is outpacing supply. First time buyers are back in the market making the big jump when conditions are so favourable. The refinancing of existing finance is also increasing demand as others decide to upscale. P/E RATIO 9.6 SHORT INTEREST 4.5% AVERAGE ANALYSTS RATING BUY AVERAGE ANALYSTS PRICE TARGET $60 COMPANY PROFILE Lennar Corp. is a homebuilder company, which engages in the provision of real estate related financial and investment management services. It operates through the following segment: Lennar Financial Services, Lennar Multifamily and Rialto. The Lennar Financial Services segment focuses on the mortgage financing, title insurance and closing services for both buyers of homes and others. The Lennar Multifamily develops, constructs and manages property of multifamily rental. The Rialto segment involves in raising, investing, and managing third-party capital, originating, and selling into securitizations commercial mortgage loans. The company was founded by Gene Fisher and Arnold Paul Rosen in 1954 and is headquartered in Miami, FLLongby RedHotStocks23
LEN daily Potential mI’ve up it it breaks the yellow range. Need lot of volume to break that though by dragonboys5
Lennar Corp Breaking out.Highly dependent on consumer sentiment and interest rates, LEN has benefited recently from the interest rate culling which looks set to continue, adding to the stimulus is the extremely low unemployment rate in the USA which in turn adds to demand on new housing. We see $62 as a possible upside target. Lennar Corp. is a homebuilder company, which engages in the provision of real estate related financial and investment management services. It operates through the following segment: Lennar Financial Services, Lennar Multifamily and Rialto. The Lennar Financial Services segment focuses on the mortgage financing, title insurance and closing services for both buyers of homes and others. The Lennar Multifamily develops, constructs and manages property of multifamily rental. The Rialto segment involves in raising, investing, and managing third-party capital, originating, and selling into securitizations commercial mortgage loans. The company was founded by Gene Fisher and Arnold Paul Rosen in 1954 and is headquartered in Miami, FL. Longby Bullishcharts17
DynamicIn the short term I see a rising dynamic afer the failed attempt to break up. This seems to be another probably successful attempt.Longby motleifaulUpdated 4
LEN - Bull Put Spread - Weekly & Daily Chart SetupWeekly & Daily setup so should have high probability.! Weekly (W) Chart shows Price Action (PA) sell off last few weeks towards Lower BB% . W RSI Oversold and previous S& R level of 47 to 47.50 On Daily (D). PA has been consolidating at S&R level and right on 200 MA. As usual, Looking for reversal to mean back higher. Aiming for 47.5/45 Put Credit & 50 Call option for Directional bias higher. Exp Aug 16 but selling to close in Profit well before that.! Good Luck - Watch YOUR RISKLongby Quantamental114
Lennar possible H&S patternNYSE:LEN keep it on your watch list for a shorting opportunityShortby bossmodetrader3