New-home sales drop 4.4% in February from January’s 13-year high [MarketWatch]
Lennar Corporation Class A (LEN)
Last lennar corporation class a earnings: 3/19 06:00 am
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Source: MarketWatch
New-home sales drop 4.4% in February from January’s 13-year high The numbers: Sales of newly-constructed homes in the U.S. dipped 4.4% on a monthly basis in February to a seasonally-adjusted annual rate of 765,000, the government reported Tuesday . January’s upwardly-revised figure represented the highest pace of new-home sales since June 2007, marking a cycle high for the U.S. real-estate industry. Compared with February 2019, new-home sales increased 14.3%, and February itself was the second-highest month for new-home sales since 2007. Notably, the new-home sales report is prone to major revisions because of the small sample size used to produce it. Read more: Zillow and Redfin are pausing home-buying — could the coronavirus pandemic make the iBuyer model more popular? What happened: The median sales price of new homes sold in January was $345,900. The inventory of new homes for sale dropped to 319,000, representing a 5.0 months’ supply and surpassing January as the lowest supp
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News
- Lennar: Recovery Hopes Overly Optimistic (Downgrade) [Seeking Alpha]Seeking Alpha
- Lennar (NYSE:LEN) had its "underweight" rating reaffirmed by analysts at JPMorgan Chase & Co.. They now have a $115.00 price target on the stock, down previously from $118.00.MarketBeat
- Lennar (NYSE:LEN) was upgraded by analysts at BTIG Research to a "strong sell" rating.MarketBeat
- Lennar Corporation to Broadcast Its Fourth Quarter Earnings Call on December 17, 2025 [Yahoo! Finance]Yahoo! Finance
- Lennar Corporation to Broadcast Its Fourth Quarter Earnings Call on December 17, 2025PR Newswire
LEN
Earnings
- 9/18/25 - Beat
LEN
Sec Filings
- 12/2/25 - Form 4
- 12/2/25 - Form 4
- 12/2/25 - Form 4
- LEN's page on the SEC website