Lennar's most recent trend suggests a bearish bias. One trading opportunity on Lennar is a Bear Call Spread using a strike $109.00 short call and a strike $114.00 long call offers a potential 23.46% return on risk over the next 7 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $109.00 by expiration. The full premium credit of $0.95 would be kept by the premium seller. The risk of $4.05 would be incurred if the stock rose above the $114.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Lennar is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Lennar is bearish.
The RSI indicator is at 41.24 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Lennar
Lennar Increases Annual Dividend by 50%
Wed, 12 Jan 2022 23:36:00 +0000
Executive Chairman Stuart Miller cited the company's confidence in its operating platform and resulting cash flow.
Lennar Corporation Increases Annual Dividend to $1.50 Per Share
Wed, 12 Jan 2022 22:13:00 +0000
Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's leading homebuilders, announced that its Board of Directors has increased its annual dividend to $1.50 per share from $1.00 per share, resulting in a quarterly cash dividend of $0.375 per share for both Class A and Class B common stock. The dividend is payable on February 10, 2022 to holders of record at the close of business on January 27, 2022.
Acuity Brands' (AYI) Innovation, Operating Leverage Aid
Wed, 12 Jan 2022 14:55:02 +0000
Acuity Brands' (AYI) innovative lighting solutions and prudent cost management are set to drive growth in fiscal 2022.
Lennar to build 300-plus homes in new planned Goodyear community
Wed, 12 Jan 2022 14:45:00 +0000
Lennar Homes Corp. is the first homebuilder to sign on at the new planned community Avion at Ballpark Village in Goodyear. See what is planned for the community that will include at least 575 homes.
Looking for a Profitable Housing Stock? Buy Toll Brothers (TOL) Now
Tue, 11 Jan 2022 15:48:03 +0000
Acquisitions and the strategy of broadening product lines, price points, and geographies make Toll Brothers (TOL) a solid pick right now despite supply chain and labor woes.
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