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Lennar Corporation (LEN)

NYSE - Nasdaq Real-time price. Currency in USD
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74.55-0.42 (-0.56%)
At close: 04:00PM EDT
74.80 +0.25 (+0.34%)
After hours: 05:09PM EDT

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  • s
    steve r
    The last good report. Stock up on your Puts over the next couple weeks. I freed up a bunch of cash yesterday.
  • J
    Jerry
    My puts are looking good so far. LEN and the housing market has just begun to implode. Big players are huge sellers today, or the smart money. luck............
  • M
    Michael
    LEN stock could get to single digits. Homebuilders get totally wrecked in run-away rate hikes.
  • M
    Magic Eight Ball Says
    Have to say, I was really hoping for follow through on yesterday's rally. I wanted to pick up some more puts at a lower cost.
  • D
    David
    Big upgrade this morning by a well known analyst. LEN will bottom well before the overall market. I wonder if that bottom is in. Now some chance that is the case. Homebuilder stocks are at low valuations and this Fed rate increase could well be the last.
  • W
    Watson
    MASSIVE order are coming in at the close, huge volume. Large institutions on the move again🤑🚀
  • A
    Andrew
    Markets are down but LEN is up 😂
  • A
    Andrew
    They were pretty bearish on the earnings call. Not really sure why this is up. They are going to be reducing pricing
  • j
    james
    It’s almost comical they upgraded LEN. Can’t make this stuff up.
  • J
    Jerry
    Picked up Five $75 1/20/23 puts. I see the housing market just screeching to a complete halt. HB's are going to slash prices to move inventory. The list of negatives against home builders is vast. Will not get rich on this trade, but not much risk either. If it hits $71 in next four months, I make some money. The pop this morning was a gift with all the headwinds here today and coming for HB's.
  • C
    Chadiego
    Manipulation, still not selling homes.
  • s
    steve r
    Top and bottom miss and bad guidance. Get ready.
  • J
    Jerry
    +US home prices could plunge 20% by next summer as a housing recession kicks in," a top economist says.

    Home prices were up 40% in last two years, so it could be much more than 20%.
  • j
    jarek
    This is genuine question. After the interest rate hike and market going into recession, Morgage application sliding and so are the pricing of homes how come this stock is going up ?! Have I missed something here ?
  • M
    Mark
    Fed now MUST raise rates higher mortgages will surge over 6.5%
    Home builders will be decimated !
    NOTHING can stop house building from imploding
  • s
    sch
    Too much amateur investors and self-claimed "housing expert" here, they told me earning is gonna be bad, what a joke. This is a really well managed company. Still growing and earning tons of money in a high rate environment. This stock price is a bless. True value at least 150 a share
  • J
    Justin
    .75 rate hike coming next week. 30 yr rate at 6.375% Will be over 6.5% next week. Many buyers can't afford the payments or the lock rates. New home sales agents are quitting. Very little sales closings. It's going to get ugly for 3rd & 4th Q reports.
  • -
    -
    7% mortgage rates for a few years will allow the industry to catch its breath! High rates are a good thing!!!!!
  • s
    stuart
    Basically did OK but the outlook is not good. Typically in Real Estate the declines in price, rise in inventory, etc. will impact more in Q4 as all the signs in Q3 show a declining market. In my opinion I see price in mid $60's in 3-6 months.
  • M
    Magic Eight Ball Says
    Trying awful hard to keep it around $75. Think it'll slide in the afternoon.