Lennar, headquartered in Miami, Florida, provides real estate financial services and develops multifamily rental properties, employing 12,284 people. Its segments include homebuilding, financial services, and multifamily development.
LEN has been in the news recently: Lennar Corp. reported a decline in builder sentiment to 32 in June, with 37% of builders reducing prices due to high mortgage rates and economic uncertainty. The company's second-quarter results were released after the market closed on Monday.
📡️ Consumer Discretionary
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