Lennar Stock News

Mixed-Use Community Adds 194 New Apartment Homes in Seattle's Crown Hill Neighborhood SEATTLE , April 1, 2025 /PRNewswire/ --  Quarterra Multifamily , a subsidiary of Lennar Corporation and a vertically integrated multifamily apartment builder, developer, and asset manager, today announced the start of leasing at Tavin , a modern multifamily community in Seattle's Crown Hill neighborhood. Devel...

Downgraded Lennar Corporation to a sell due to poor demand, deteriorating pricing power, and margin pressure, despite strong execution. The latest JPMorgan housing outlook confirms a negative US housing demand environment, with high mortgage rates and cautious consumers impacting affordability and transaction volumes. LEN's increased reliance on sales incentives and declining average selling pr...

Lennar—the nation's second-largest homebuilder—told investors on Friday that their spring selling season is off to a soft start.

US equity markets posted modest gains this week - snapping a four-week losing streak - as investors parsed commentary and updated forecasts from the Federal Reserve's policy meeting. Ahead of the looming April 2nd unveiling of reciprocal tariffs, investors were relieved by FOMC projections showing that 11-of-19 policy markets still expect at least two rate cuts this year. Disappointing retail s...

Lennar Corporation (NYSE:LEN ) Q1 2025 Earnings Conference Call March 21, 2025 11:00 AM ET Company Participants David Collins - VP & Controller Stuart Miller - Executive Chairman & Co-CEO Jon Jaffe - President & Co-CEO Diane Bessette - CFO Fred Rothman - COO Conference Call Participants Stephen Kim - Evercore ISI Alan Ratner - Zelman & Associates John Lovallo - UBS Mike Rehaut - JP Morgan Susan...

First Quarter 2025 Highlights - comparisons to the prior year quarter Net earnings per diluted share of $1.96 ($2.14, excluding mark-to-market losses on technology investments) Net earnings of $520 million New orders increased 1% to 18,355 homes; new orders dollar value decreased 4% to $7.4 billion Backlog of 13,145 homes with a dollar value of $5.8 billion Deliveries increased 6% to 17,834 hom...

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.

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.