Lennar (LEN) News Today

Lennar Corporation (NYSE: LEN) shares edged higher despite a mixed third‐quarter earnings report. The homebuilder missed consensus EPS estimates and saw its stock pull back in after‐hours trading, but analysts lifted price targets and the broader decline in interest rates provides support. Key drivers for Lennar’s recent performance include operational results, analyst revisions, macroeconomic trends and legal developments.

• Positive Sentiment: Bank of America raised its price target on LEN from $115 to $135, citing valuation support and a “neutral” rating that implies upside from current levels. Benzinga
• Positive Sentiment: In its PRNewswire release, Lennar reported strong operating metrics: new orders up 12% to 23,004 homes, backlog of $6.6 billion, and the repurchase of 4.1 million shares for $507 million. Lennar Q3 Results
• Positive Sentiment: With the Federal Reserve’s first rate cut of 2025, lower borrowing costs could boost homebuyer demand and support margins for Lennar. 247wallst
• Neutral Sentiment: Pre-market futures rose on better-than-expected jobless claims and the Fed’s rate cut, setting a supportive backdrop for housing stocks. Zacks
• Neutral Sentiment: Analysts preview Lennar’s Q3 report, weighing the impact of Fed cuts and Buffett’s backing on the homebuilder’s outlook. Benzinga Preview
• Neutral Sentiment: A trading idea highlights how investors might generate ~$500/month via options on LEN ahead of earnings, noting its 1.49% dividend yield. Benzinga Dividends
• Neutral Sentiment: Lennar is targeting South Jersey with two new housing projects, expanding its geographic footprint. BizJournals
• Negative Sentiment: Lennar reported $2.00 EPS for Q3, missing the $2.14 consensus, and its stock slid on concerns over “soft market conditions.” Benzinga EPS Miss
• Negative Sentiment: In after-hours trading, LEN shares fell following a TipRanks report that Q3 results disappointed investors. TipRanks
• Negative Sentiment: The Seminole Tribe is fighting Lennar’s bid to force arbitration in a $200 million housing dispute, introducing legal uncertainty. Law.com