LEN Stock Recent News

Lennar (LEN) came out with quarterly earnings of $2.14 per share, beating the Zacks Consensus Estimate of $1.74 per share. This compares to earnings of $2.57 per share a year ago.

CNBC's Diana Olick joins  'Fast Money' with Lennar Q1 results.

LEN's fiscal first quarter is shaping up to be a mixed quarter, with moderate revenue growth but lower earnings and margins.

Wedbush analyst Jay McCanless reiterated a Neutral rating on Lennar Corporation LEN ahead of its first quarter FY25 earnings release on March 20.

Sure'n begorrah — we start a new trading week on the stock market with futures trying to notch higher. They've improved on the release of new economic data an hour before the opening bell.

In the most recent trading session, Lennar (LEN) closed at $118.10, indicating a +1.52% shift from the previous trading day.

Lennar and Icon, a 3D technology company, partnered to print 100 homes in Georgetown, Texas. The real estate company says about 75% of them have already sold.

Keefe, Bruyette & Woods analyst Jade J. Rahmani downgraded Lennar Corporation LEN from Outperform to Market Perform and reduced the price forecast from $152 to $141.

The housing sector continues to be more than challenged triggering a recent sharp downturn in most housing related stocks. Housing affordability remains near historical lows, new home inventory is surging, and mortgage rates are stubbornly hovering near the 7% level. New tariffs are also pushing the price of lumber higher, which will hurt profit margins for the home builders.

KBW downgraded Lennar Corp   (NYSE:LEN) stock to "market perform" from "outperform," and cut its price objective to $141 to $152.