Investors are watching the 10-year Treasury yield as a better indicator of the where the housing market is headed.
The home builder said it now expects full-year deliveries of around 82,000 to 83,000 homes, citing high interest rates and geopolitical uncertainty.
Second Quarter 2026 Highlights Net earnings per diluted share of $1.24 ($1.31 excluding mark-to-market losses on technology investments) Net earnings of $305 million New orders decreased 4% year over year to 21,749 homes Backlog of 16,818 homes with a dollar value of $6.6 billion Deliveries increased 2% year over year to 20,519 homes Total revenues of $7.9 billion Homebuilding operating earning...
MIAMI, June 5, 2026 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's largest homebuilders, today announced that, effective immediately, Jim Parker has been named Chief Operating Officer and David Grove has been named Executive Vice President, Homebuilding. Mr. Parker and Mr.
Just being cheap isn't enough to attract hot money — there also has to be some belief that Wall Street vultures are circling. But now there's reason to think that, after two years of underperformance, more longer-term investors will be looking for bargains in the home-builder sector.
MIAMI, May 28, 2026 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's largest homebuilders, announced today that the Company will release its second quarter 2026 earnings after the market closes on June 11, 2026. Additionally, the Company will host a conference call on June 12, 2026 at 11:00 a.m.
Technical indicators for Toll Brothers and Lennar suggest selling pressure in homebuilder stocks may be easing after a sharp sector pullback.