5 Most Profitable Real Estate Stocks Now

2. Lennar Corporation (NYSE:LEN)

Latest TTM Net Income: $4.5 billion

Lennar Corporation (NYSE:LEN) is a residential construction company headquartered in Miami, Florida. December 2023 saw it report its fourth quarter earnings that beat analyst revenue estimates. The stock is up 62% year to date, mirroring the gains made by the broader home building sector.

Insider Monkey dug through 910 hedge fund portfolios for their September quarter of 2023 shareholdings and found 63 Lennar Corporation (NYSE:LEN) shareholders. Edgar Wachenheim’s Greenhaven Associates was the biggest investor as it owned 8.9 million shares that are worth $1 billion.

Follow Lennar Corp W (NYSE:LEN, LEN.B)