Lennar's Q1 Home Order Forecast Misses Estimates Amid Market Pressures
Lennar Corp. projects lower-than-expected first quarter home orders as affordability issues and job market weakness keep buyers hesitant. Shares declined in after-hours trading.
/ 9 items
#LEN↓
JPMorgan Downgrades Lennar Amid 2026 Housing Weakness
JPMorgan downgraded Lennar to Underweight with a reduced price target of $115, citing weak demand, supply challenges, and downside risk for homebuilders in 2026.
Why Lennar’s Home Sales Forecast Missed Expectations
Homebuilder Lennar reported a drop in profit and missed Q4 forecasts for new home orders. High costs, high interest rates, and affordability issues are slowing down the housing market.