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Lennar is a large homebuilder that develops, constructs, and sells affordable single-family homes across the United States. The company grows by acquiring land, managing development and construction, and marketing its homes to buyers, then raising capital through public markets to fund expansion. Lennar differentiates itself through its long history dating back to the 1950s, its scale as one of the country’s biggest homebuilders, and its strategy of expanding nationwide through acquisitions and public funding. The company’s goal is to provide affordable homes for more families while building a broad nationwide footprint.
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Miami, Florida
Founded
1954
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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
Lennar Corporation (NYSE:LEN) Stock Outlook: Barclays Lowers Price Target Amidst housing Market Headwinds. Sep 18, 2026 Market News FMPLennar Corporation (NYSE:LEN) Stock Outlook: Barclays Lowers Price Target Amidst... * Analyst Downgrade: Barclays lowered the price target for Lennar Corporation (NYSE:LEN) to $70.00, reflecting concerns over the housing market outlook. * Weak Financial Performance: The homebuilder reported a significant 52% drop in third-quarter net earnings to $284.00 million and missed EPS estimates with $1.23, alongside an 8.6% decline in total revenues to $8.05 billion. * Market Headwinds & Lowered Guidance: Facing rising mortgage rates and weaker consumer confidence, Lennar saw a 9% drop in new home orders and subsequently lowered its full-year delivery forecast to between 80,000 and 81,000 homes. Lennar, a major homebuilder in the United States, faces a revised stock outlook from analysts. On September 18, 2026, the analyst firm Barclays lowered its price target for Lennar to $70.00. This adjustment came at a time when the company's stock was trading at a price of $79.70 per share. The price target reduction follows a challenging financial report from the company. Lennar reported a significant 52% drop in its third-quarter net earnings, which fell to $284.00 million. Its adjusted earnings per share of $1.23 also missed the Zacks Consensus Estimate of $1.29, as highlighted by Zacks. Total revenues for the quarter declined 8.6% to $8.05 billion. Company leadership attributes these results to difficult market conditions. CEO Stuart Miller points to rising mortgage rates and weaker consumer confidence, which are causing potential buyers to delay purchases. This slowdown in housing demand is reflected in a 9% year-over-year drop in new home orders, which totaled 20,879 for the quarter. To maintain sales, Lennar is using incentives of approximately 12% and adjusting its home prices. This strategy resulted in a 3% fall in the average sales price to $372,000.00. The company's gross margin on home sales, which measures profitability from selling homes, was reduced to 15.8% from 17.5% a year earlier. Reflecting these ongoing pressures, Lennar has lowered its guidance for the full fiscal year. As noted by Proactive Investors, the company now expects to deliver between 80,000 and 81,000 homes in 2026. This is a reduction from its previous forecast of 82,000 to 83,000 homes. Market news and analyst rating coverage Gordon Thompson covers analyst rating changes, price-target updates, and company news for the FMP blog. His work focuses on summarizing the latest broker actions and market developments into accessible, data-driven updates for investors and analysts. Financial data for every need. Real-time quotes and 30+ years of historical data, including prices, fundamentals, and insider transactions - all accessible via API. Stock Screener 2017-2026 (C) FMP
NavigateAI, a US startup founded by former Opendoor leader Eric Wu, has raised $25 million in seed funding at a $225 million valuation. The company develops AI assistants for construction workers that operate via smartphones and Meta AI glasses in hands-free mode. Workers can point cameras at installations to verify correct assembly, torque specifications, and building code compliance. The system accesses design specifications, manufacturer instructions, and internal company rules in real time. Elad Gil led the round, with participation from Khosla Ventures, Fifth Wall, and executives from DoorDash, Instacart, and Coinbase. The US construction industry faces a shortage of approximately 349,000 workers this year, according to Associated Builders and Contractors, with large data centre projects now requiring up to 5,000 workers.
Lennar announces Grand Opening of Prentis Branch in scenic and historic Rome, Georgia. Aug 21, 2026, 16:23 ET New Community Introduces Five Home Designs with Pricing in the Mid-$200,000s ROME, Ga., Aug. 21, 2026 /PRNewswire/ - Lennar, one of the nation's leading homebuilders, today announced the Grand Opening of Prentis Branch, a new community of single-family homes in scenic and historic Rome, Georgia. Bringing new construction at attainable price points to a town known for a sophisticated and friendly small-town lifestyle, Prentis Branch offers modern floorplans and convenient access to downtown Rome, highly rated schools and thousands of acres of open space. "Prentis Branch gives homebuyers the rare combination of new construction close to the shopping, and dining in downtown Rome, highly regarded schools and some of Northwest Georgia's best outdoor recreation," said Scott Withington, Division President of Lennar's Atlanta Division. "We're proud to welcome our first homeowners to a smart, sustainable community in a city consistently recognized as a Bee City USA and a Tree City USA for its environmental stewardship." Prentis Branch features five exclusive Lennar Home designs: Beckman, Coleman, Hansom, Charleston and Pruitt. All showcase open-concept floorplans, modern kitchens and flexible living spaces across two-story and ranch-style layouts. Homes in Prentis Branch range from 1,274 to 2,023 square feet with three to four bedrooms and two to three-and-a-half bathrooms. Every home comes with Lennar's signature Everything's Included(R) promise, where for Prentis Branch homes, smart home features come standard and included in the price of the home. Pricing starts in the mid-$200,000s. Prentis Branch homeowners will enjoy four community parks, ideal for outdoor recreation, gathering, and unwinding close to home. The community boasts convenient access to the shopping, dining and entertainment options downtown Rome and Riverbend Shopping Center have to offer, in addition to outdoor recreation destinations like Heritage Park, Riverview Sports Complex and the Rome Tennis Center. Families living in the community can also benefit from access to the Floyd County School District, recognized for its strong academic programs, Advanced Placement coursework and dual enrollment opportunities. About Lennar Corporation Lennar Corporation, founded in 1954, is one of the nation's leading builders of quality homes for all generations. Lennar builds affordable, move-up and active adult homes primarily under the Lennar brand name. Lennar's Financial Services segment provides mortgage financing, title and closing services primarily for buyers of Lennar's homes and, through LMF Commercial, originates mortgage loans secured primarily by commercial real estate properties throughout the United States. Lennar's Multifamily segment is a nationwide developer of high-quality multifamily rental properties. LEN[X] drives Lennar's technology, innovation and strategic investments. For more information about Lennar, please visit www.lennar.com. SOURCE Lennar Corporation
The data breach brief: week of August 19th, 2026. Injured? Morgan & Morgan, PA can help. The following data breaches have been announced this week - make sure you're in the know. If you received a data breach notice regarding any of the breaches listed below, act now and take Morgan & Morgan's data breach quiz to see if you may be eligible for compensation. Aesto, LLC. Aesto, LLC, suffered a data breach between December 2, 2025, and December 18, 2025, when an unauthorized actor may have accessed or acquired protected health information stored on Aesto's network, a security incident involving part of its Amazon Web Services (AWS) infrastructure. The potentially compromised information may include: * Names * Social Security numbers * Medical information * Health insurance information * Other sensitive information Everside Health. Following the Aesto, LLC, data breach, Everside Health, along with many other healthcare providers, may have been affected, as Aesto Health is a third-party vendor. Investigations are underway to determine whether Everside and its third-party vendor implemented reasonable cybersecurity safeguards to protect patients' sensitive information and whether additional security measures could have prevented this incident. The potentially compromised information may include: * Names * Social Security numbers * Medical information * Health insurance information * Other sensitive information Lennar Corporation. Lennar Corporation suffered a data breach between March 24, 2026, and March 30, 2026, when an unauthorized party used social engineering to access some of its systems containing sensitive personal information. The information involved may include: * Names * Contact information * Additional data elements CSC. CSC, formally known as Corporation Service Company, suffered a data breach after ransomware group CL0P accessed its network and claimed responsibility for an October 2025 dark web leak. However, CSC did not report the breach to the Vermont Attorney General until August 2026 - ten months later. The compromised data included highly sensitive personal information of over an estimated 2,000 people and included: * Names * Social Security numbers * Government-issued IDs * Financial details * Dates of birth See's Candies. See's Candies suffered a ransomware attack between April 11 and April 13, 2026, which was officially reported to the California Attorney General on August 13, 2026. The cybercriminal group Qilin claimed responsibility and leaked data subsets containing sensitive, private information of over 110,000 data rows/individuals, including: * Names * Addresses * Emails * Phone numbers * Birthdays * Social Security numbers If you or a loved one were affected by any of these data breaches, you may be entitled to compensation. Find out more in minutes with its online data breach quiz. Disclaimer This website is meant for general information and not legal advice.