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Lennar Corporation announces Venue at Leaf Creek in Douglassville, Pennsylvania. Published on 09/23/2026 at 11:47 am EDT S&P Capital IQ Lennar Corporation 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. Named for the scenic creek that winds through the property, Venue at Leaf Creek is nestled in the foothills of the Blue Ridge Mountains, where wooded farmland, scenic waterways, and more than 300 years of local history create a tranquil setting, with shopping, dining, and major regional destinations still close by. Venue at Leaf Creek features 10 distinct floorplans ranging from 1,570 to 3,700 square feet, with two to four bedrooms and two to four bathrooms. The collection showcases open-concept single-level layouts with exterior decks included. Pricing starts in the $400,000s. Every home offers Lennar's signature Everything's Included(R) program, where the homebuilder's most popular features and finishes are built into the base price of the home. At Venue at Leaf Creek, this includes gourmet kitchens with appliances, luxury bathroom finishes, premium flooring, ring doorbells, wireless thermostats, and much more. The community's private clubhouse serves as a central hub, hosting social programming, wellness activities, and everyday gathering spaces. Planned amenities include a swimming pool, fitness center, pickleball courts, and walking trails, complemented by walkable streets and shared outdoor spaces throughout the neighborhood, creating natural opportunities for residents to stay active and build lasting friendships. Located in historic Amity Township, Venue at Leaf Creek residents enjoy parks, walking and biking trails, and the Schuylkill River corridor all within easy reach, while major thoroughfares including Route 422 and Route 100 provide connections to Reading and Collegeville, with King of Prussia approximately 30 minutes away and Philadelphia within an hour's drive. (C) S&P Capital IQ - PR Newswire - 2026

Lennar (LEN) cuts delivery forecast. Can construction savings offset heavy incentives? Lennar Corporation (NYSE:LEN) cut its delivery outlook despite cheaper, faster construction. Incentives near 12% and higher land costs constrain margins. Sustainable orders and lower concessions will determine whether efficiency gains lift profits. Published September 20, 2026 at 4:43 pm EDT Lennar Corporation (NYSE:LEN) is building homes faster and more cheaply, but affordability pressures continue to limit profitability. On September 16, the homebuilder reported fiscal third-quarter gross margin on home sales of 15.8% and reduced its annual delivery target to 80,000-81,000 homes from 82,000-83,000. The latest quarter illustrates the trade-off. Construction costs per square foot fell 6% year over year, while incentives remained approximately 12% of home value. Lennar Corporation delivered 20,840 homes, down 3% year over year, and generated 20,879 new orders, down 9%. Lower costs are helping preserve sales, but the reduced outlook suggests that operational improvements alone cannot overcome weaker purchasing power. The investment question is whether those savings can eventually support better margins without requiring deeper concessions to buyers. Bull case. Lennar Corporation is making measurable progress on execution. Construction costs per square foot declined another 1% sequentially, bringing the reduction since the fourth quarter of 2023 to 14%. Construction cycle time shortened to 116 days from 121 days in the previous quarter and 126 days a year earlier. Faster construction can reduce the time capital remains tied up in each home. Completed, unsold inventory also declined to 1.8 homes per community from 2.1 in the previous quarter, reducing the stock of finished homes awaiting buyers. The strategy depends on keeping production aligned with sales. Lennar Corporation reported matching starts and sales rates of 4.1 homes per community per month. Maintaining that balance can support predictable workloads for construction partners and help preserve purchasing efficiencies. There are early signs that cost savings are reaching profitability. Gross margin improved from 15.6% in the second quarter to 15.8%, while incentives moderated from approximately 12.9% to 12%. If concessions continue easing while construction savings persist, more of the operating improvement could reach earnings. Bear case. The year-over-year comparison remains weaker. Gross margin fell from 17.5% despite lower construction costs. Lennar Corporation attributed the decline primarily to lower revenue per square foot and higher land costs, partly offset by construction savings. That distinction matters. A 6% reduction in construction costs per square foot does not represent a 6% reduction in total home costs. Land expenses and selling prices can move against the builder even as construction becomes more efficient. Operating expenses add pressure. Selling, general and administrative expenses increased to 9.2% of home-sales revenue from 8.2% a year earlier. Lower revenue and higher marketing and selling expenses reduced the benefit of scale. Lennar Corporation expects fourth-quarter gross margin of 15.5%-16.0%, compared with 15.8% in the third quarter. Expected deliveries of 22,000-23,000 homes would exceed the third-quarter total, but the guidance offers little evidence of an immediate margin recovery. Incentives also remain central to affordability. Removing them too quickly could weaken orders; maintaining them could leave construction savings supporting customer purchasing power rather than expanding profitability. The lower annual delivery target makes that balance harder to manage. Hedge fund sentiment. The filings available so far reflect positions held before Lennar Corporation reported its fiscal third-quarter results. Insider Monkey's database showed 65 hedge funds holding Lennar Corporation at the end of 2Q2026, down from 66 funds three months earlier. Conclusion. Lennar Corporation is improving construction efficiency, but pricing power remains constrained. Faster cycles and lower completed inventory could improve capital efficiency, while sustained incentive reductions would provide stronger evidence of margin recovery. The decisive combination is stable orders, achievable delivery targets, and better profitability after land and selling costs.

LEN, ARRY stocks hit New lows as price target cuts pile up - what's driving the selloff? Published: Sep 19 2026, 12:00 AM IST * FB * TW * Linkdin * Whatsapp * GNFollow Us UBS downgraded Array Technologies to 'Neutral' from 'Buy,' citing concerns about future cash flows, while weak margins led Wall Street to reduce the target on Lennar's stock. * UBS said a change in how Array pays dividends on its preferred stock has weakened its outlook for how the company can use future cash flow. * Barclays cut Lennar's price target to $70 from $79 and maintained an 'Underweight' rating, saying uncertainty around the homebuilder is 'only growing.' * RBC Capital cut LEN's price target to $69 from $85 and maintained an 'Underperform' rating. Array Technologies (ARRY) and Lennar (LEN) shares sank to fresh lows on Friday as analyst downgrades and price-target cuts added to concerns around the companies, pushing ARRY to its lowest level in more than 17 months and LEN to a nearly four-year low. At the time of writing, LEN shares were down 4.5% while ARRY stock slumped 7%. UBS slashes ARRY target by 50%. UBS downgraded Array Technologies to 'Neutral' from 'Buy' and slashed its price target to $5 from $10. The firm said a change in how Array pays dividends on its preferred stock has weakened its outlook for how the company can use future cash flow. Array's preferred dividends switched from being added to the value of the preferred shares to being paid in cash starting in August. The company expects to pay about $12 million for the remainder of 2026. UBS estimates these payments will total roughly $162 million through 2030, consuming about 25% of its projected cumulative free cash flow, according to Investing.com. While UBS believes Array can afford the payments, it said they leave less cash to reduce debt, invest in growth, and pursue acquisitions. Retail sentiment surrounding ARRY on Stocktwits remained 'bearish' over the past 24 hours. The stock has crashed 60% so far in 2026. Lennar's weak Q3 margins worry wall street. Barclays cut Lennar's price target to $70 from $79 and maintained an 'Underweight' rating, saying uncertainty around the homebuilder is "only growing." The firm sharply lowered its fiscal 2027 estimates, citing weaker margins and higher costs associated with Lennar's land-banking strategy. BTIG also lowered the target to $63 from $67 and kept a 'Sell' rating. The brokerage said Lennar's core homebuilding business missed expectations across the board as demand weakened more than anticipated. Meanwhile, RBC Capital cut the price target to $69 from $85 and maintained an 'Underperform' rating, citing weaker Q4 guidance and continued pressure on homebuilding margins. Lennar reported Q3 revenue of $8.04 billion, below estimates of $8.35 billion and marking its third consecutive quarterly revenue miss, according to Fiscal.ai. Earnings of $1.23 per share also fell short of expectations. Retail sentiment surrounding LEN on Stocktwits was also 'bearish.' The stock is down 27% so far in 2026. Also read: Tesla Q3 Deliveries Could Beat Expectations, Says Barclays - Analyst Calls Fundamentals An 'Afterthought' To AI Story For updates and corrections, email newsroom[at]stocktwits[dot]com.< Stay updated with all the latest Business News, including market trends, Share Market News, stock updates, taxation, IPOs, banking, finance, real estate, savings, and investments. Track daily Gold Price changes, updates on DA Hike, and the latest developments on the 8th Pay Commission. Get in-depth analysis, expert opinions, and real-time updates to make informed financial decisions. Download the Asianet News Official App from the Android Play Store and iPhone App Store to stay ahead in business. 0 Comments / 0 New