LEN

At $81.47, Lennar (NYSE:LEN | LEN Price Prediction) looks compelling on a research basis.

MIAMI, Sept. 23, 2026 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's leading homebuilders, announced that its Board of Directors has declared a quarterly cash dividend of $0.50 per share for both Class A and Class B common stock payable on October 22, 2026 to holders of record at the close of business on October 7, 2026.

Berkshire Hathaway has built almost a 10% stake in Lennar, a Miami-based homebuilder, according to a securities filing. The conglomerate has a long history of taking stakes in homebuilders.

The Fed's latest rate hike looks straightforward on the surface: inflation remains a problem, so policymakers are keeping pressure on the economy. There is reason to believe the FOMC remains behind the curve, as it has been since inflation reared its ugly head.

Lennar Corporation endured a weak Q3, with revenue at $8.05B, EPS down 48% YoY, and guidance for home deliveries cut. LEN is trading at 0.85x book value, well below historical averages, despite active share buybacks and a shift to an asset-light model. Management is sacrificing margins—gross margin fell to 15.8%—to sustain volume, using incentives and cost controls to keep inventory moving.

Berkshire Hathaway purchased more than $200 million of depressed Lennar stock over three trading days and now owns just over 10% of the country's second largest home builder.

Lennar, the nation's third-largest home builder, had a earnings miss last week. But it wasn't inflation driving up construction materials or tariffs or wages or any of the other usual suspects that stood out.

Lennar TodayLENLennar$75.97 -3.73 (-4.69%) As of 11:30 AM Eastern This is a fair market value price provided by Massive. Learn more.52-Week Range$75.70▼$133.76Dividend Yield2.63%P/E Ratio14.38Price Target$89.07Add to WatchlistLennar NYSE: LEN faces hurdles, but these are near-term issues that obscure what investors should focus on.

Lennar Corporation (LEN) Q3 2026 Earnings Call Transcript

Lennar NYSE: LEN reported third-quarter 2026 results that met its delivery guidance as the homebuilder navigated higher mortgage rates, affordability pressures and increased competition from resale homes.