Lennar Corporation (NYSE:LEN) delivered 20,840 homes in its fiscal Q3 ended August. That was within its own guidance of 20,500 to 21,500 deliveries but fell short of Wall Street expectations. That prompted StoneX to reiterate a Hold rating on Lennar after the results. The brokerage cited misses across deliveries, average selling price, revenue, and earnings. […]
Warren Buffett's retirement as CEO and chairman hasn't distracted Berkshire Hathaway from ramping up its stake in homebuilder Lennar this quarter.
Berkshire just crossed a threshold that forces it to reveal its moves within days, and what those filings show is a sustained, deliberate accumulation of a homebuilder Wall Street has loaded up with sell ratings.
Lennar (NYSE:LEN) has opened Venue at Leaf Creek, an active adult community in Hatfield, Pennsylvania, with amenities tailored to 55+ buyers. The builder has also introduced Cherokee Bend near Huntsville, Alabama, offering new single family homes across multiple floor plans. In California, Lennar launched The Farm in San Juan Capistrano, a residential project adding more new construction options in the state. The launch of Venue at Leaf Creek, Cherokee Bend and The Farm fits into broader...
Berkshire Hathaway has increased its bet on a long-term recovery for the struggling U.S. housing market by nearly doubling its stake in Lennar, the nation's second largest homebuilder, since the beginning of July.
Lennar shares jumped about 6% after Berkshire disclosed a $212.38 million purchase that lifted its stake above 10%.
It's part of a broader turnaround investment in a struggling industry.
Warren Buffett just crossed a legally significant ownership threshold in a beaten homebuilder one day after it missed earnings and slashed guidance, a move that reframes whether the housing market's worst-read quarter signals catastrophe or opportunity.
30-year mortgage rates hit 7.12%, the highest since 2024. KB Home, Rocket and the ITB homebuilder ETF slip premarket, giving back part of Tuesday's rally.
Detailed price information for Lennar Corp (LEN-N) from The Globe and Mail including charting and trades.
Lennar, one of the nation's leading homebuilders, today announced Venue at Leaf Creek, a one-of-a-kind active adult destination in Amity Township in Douglassville, Pennsylvania. Anticipated to open this fall, the community brings over 300 single-family homes paired with resort-style amenities designed to make everyday living feel like a getaway.
Detailed price information for Lennar Corp (LEN-N) from The Globe and Mail including charting and trades.
The conglomerate built by Warren Buffett and led today by Greg Abel holds a sizable stake in Miami-based homebuilder Lennar.
Berkshire is buying as Lennar's fundamentals move the other way
Berkshire Hathaway raised its stake in Lennar and now owns more than 10% of the homebuilder. Other homebuilding stocks rose on the news.
These are the stocks posting the largest moves midday.
U.S. stock futures were mixed on Tuesday, as the Dow Jones and S&P 500 indices rose and the Nasdaq 100 index fell.
Berkshire Hathaway takes a major stake in Lennar (NYSE: LEN). Explore the latest premarket stock movement, Q3 results, and technicals.
Lennar (LEN) stock sits near $76, its 52-week low, after losing about 39% over the past year while the S&P 500 gained 17% with dividends reinvested. That is below its book value of roughly $91 a share at the end of fiscal Q3 2026, and the CEO says the stock is on sale. The easy read is a bargain. The catch is land that Lennar agreed to buy in very different market conditions, and part of that bill still has no number on it.
Jim Cramer expects KB Home (NYSE:KBH) to report another weak quarter, as he said on September 18 during the episode of Mad Money: We’ve got some earnings of consequence too. On Tuesday, KB Home reports. I think it’s going to be one more lousy number from a home builder because how are they supposed to […]
Lennar’s updated fair value has been trimmed from US$86.23 to US$83.69, which is about a 3% reduction in the price target used in recent analysis. Analysts link this change to a mixed setup for the stock, as they weigh elevated mortgage rates, incentive spending and softer orders against Lennar’s scale, balance sheet and focus on affordable homes. As you read on, you will see how this evolving narrative might shape expectations and what to watch next. Analyst Price Targets don't always...
Lennar missed Q3 earnings estimates and hit a 52-week low as affordability pressures, high mortgage rates, and rising resale inventory weigh on it and rivals D.R. Horton and PulteGroup.
Lennar (LEN) just reported a softer third quarter, with profit and revenue missing expectations as high mortgage rates and weaker confidence pressured housing demand and triggered another cut to full year delivery guidance. The earnings disappointment and guidance cut have already hit sentiment hard. Lennar’s share price is down about 12% over the past month and roughly 27% year to date, while the 1 year total shareholder return has fallen about 39%, signalling that investors are treating...
Lennar shares have been under pressure, and the drop has sharpened a simple question for investors who care about cash generation. With the stock weaker and the housing backdrop more challenging, the issue is whether the current market price lines up with what its future cash flows can realistically support. The share price has fallen 38.8% over the past year, which puts the spotlight firmly on whether that move now matches the cash flow profile of the business. Management has responded to...
Lennar’s third quarter saw results fall short of Wall Street’s revenue and profit expectations, as higher interest rates and intensifying resale competition pressured both demand and margins. Management attributed the performance to a challenging affordability environment, with CEO Stuart Miller stating, “Interest rates and consumer confidence constrained the improvement that we anticipated going into the quarter.” The company responded by increasing sales incentives and adjusting prices, partic
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