LEN Stock Recent News
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Lennar shares have declined 22% over the past year due to housing market slowdown fears, with Q1 results expected to be soft, especially in orders. Analysts forecast a significant earnings ramp for 2025, but high mortgage rates and potential tariffs pose risks to margins and demand. Florida's weak housing market, particularly in Southwest Florida, and Lennar's recent acquisition of Rausch Coleman add further uncertainty to the outlook.
The latest trading day saw Lennar (LEN) settling at $125.19, representing a -0.75% change from its previous close.
Goldman Sachs analyst Susan Maklari reiterated a Neutral rating on the shares of Lennar Corp LEN and lowered the price forecast to $141.00 from $150.00.
MIAMI , March 6, 2025 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's largest homebuilders, announced today that the Company will release earnings for the first quarter ended February 28, 2025 after the market closes on March 20, 2025. Additionally, the Company will hold a conference call on March 21, 2025 at 11:00 a.m.
High construction costs, rising mortgage rates, and looming tariffs are pressuring the stocks.
LEN strengthens its market position with a key acquisition.
In the closing of the recent trading day, Lennar (LEN) stood at $122.69, denoting a +0.62% change from the preceding trading day.
On February 07, 2024, Millrose Properties (NYSE: MRP; $26.74; Market Capitalization: $3.5 billion), and Lennar Corporation (NYSE: LEN, $121.94; Market Capitalization: $32.2 billion) started regular-way trading. MRP opened at $23.49, made an intraday high of $27.07, and a low of $22.26 before closing at $26.74.
NEW YORK , Feb. 5, 2025 /PRNewswire/ -- Millrose Properties Inc. (NYSE: MRP) will replace Ironwood Pharmaceuticals Inc. (NASD: IRWD) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, February 10. S&P 500 constituent Lennar Corp (NYSE: LEN) is spinning off Millrose Properties in a transaction expected to be completed on Friday, February 7.
The latest trading day saw Lennar (LEN) settling at $128.29, representing a +1.66% change from its previous close.