Thursday's ETF Movers: SVOL, ITB
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 03 2025
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Source: NASDAQ.COM
ETF Performance: The iShares U.S. Home Construction ETF is down approximately 1.7% in Thursday afternoon trading, with LGI Homes and Lennar showing significant declines of 4.1% and 3.5%, respectively.
Author's Perspective: The opinions expressed in the article are solely those of the author and do not necessarily represent Nasdaq, Inc.
Analyst Views on LEN.B
Wall Street analysts forecast LEN.B stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for LEN.B is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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0 Buy
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Current: 108.190
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Current: 108.190
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About LEN.B
Lennar Corporation is a homebuilder and an originator of residential and commercial mortgage loans. The Company is also a provider of title insurance and closing services, and a developer of multifamily rental properties. The Company's segments include Homebuilding East, Homebuilding Central, Homebuilding Texas, Homebuilding West, Financial Services, Multifamily, and Lennar others. Its Homebuilding segments primarily include the construction and sale of single-family attached and detached homes, as well as the purchase, development and sale of residential land directly and through its unconsolidated entities. The Company's Financial Services segment primarily provides mortgage financing, title and closing services primarily for buyers of its homes, as well as property and casualty insurance. The Company’s Multifamily segment is involved in the development, construction and property management of multifamily rental properties. its Lennar Other segment includes fund investments.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
