Lennar Stock News

Lennar Corporation ( LEN ) Q4 2025 Earnings Call December 17, 2025 11:00 AM EST Company Participants David Collins - VP & Controller Stuart Miller - Co-CEO & Executive Chairman Jonathan Jaffe - Co-CEO, President & Director Diane Bessette - CFO & VP Conference Call Participants Alan Ratner - Zelman & Associates LLC John Lovallo - UBS Investment Bank, Research Division Stephen Kim - Evercore ISI ...

Homebuilding stock Lennar Corp (NYSE:LEN) is sharply lower today, down 4.3% at $112.51 at last glance, after mixed fiscal fourth-quarter results.

Lennar Corporation remains strategically positioned despite housing market volatility, supported by prudent pricing, geographic diversification, and a robust balance sheet. LEN's Q4 2025 revenue declined 5.8% YoY, but resilient demand in select segments and effective price adjustments offset broader weakness. Valuation is reasonable, with a target price of $134.23; technicals are weak but prese...

Co-Chief Executive Stuart Miller said the overall market remained challenged in the quarter even as interest rates moved slightly lower.

2025 Fourth Quarter  Highlights Net earnings per diluted share of $1.93; $2.03 excluding adjustments of: $123 million mark-to-market gains on technology investments, and $156 million one-time loss on previously announced Millrose Properties, Inc. ("Millrose") exchange offer Net earnings of $490 million New orders increased 18% year over year to 20,018 homes Backlog of 13,936 homes with a dollar...

Margins are important for home-builder stocks as companies have offered incentives like free upgrades to close deals.

Oracle (ORCL) fell 11% post-earnings as revenue missed and operating expenses outpaced cloud revenue growth, raising debt and spending concerns. AI-driven margin pressures are surfacing across tech, with Broadcom (AVGO) sliding 10% despite strong results, as investors weigh infrastructure costs.

The 10-year Treasury yield, which informs the direction of mortgage rates, was heading lower after the Fed's rate cut.