Lennar Shares Are Trading Lower Friday: What's Going On?

Dylan Berman

September 19, 2025

Lennar Corporation (NYSE:LEN) shares are trading lower Friday after the company reported worse-than-expected third quarter financial results on Thursday.

What To Know: Lennar reported adjusted earnings per share of $2.00, missing the consensus estimate of $2.10. In addition, the company reported sales of $8.81 billion, missing the consensus estimate of $8.99 billion.

New orders increased 12% to 23,004 homes, while the company delivered 21,584 homes, in line with the prior year. Backlog stood at 16,953 homes with a value of $6.6 billion.

The average sales price of homes delivered fell to $383,000 from $422,000 last year. Gross margin on home sales declined to 17.5% from 22.5%. Selling, general and administrative expenses rose to 8.2% of revenues from 6.7% a year ago.

For the fourth quarter, Lennar expects new orders of 20,000 to 21,000 homes, deliveries of 22,000 to 23,000 homes and a gross margin of about 17.5%.

See Also: 5 Stocks That Dominated Investor Buzz This Week -- How OPEN, NVDA, TSLA And Others Performed

LEN Price Action: At the time of writing, Lennar shares are trading 3.88% lower at $127.71, according to data from Benzinga Pro.

Image via Shutterstock

Recommended

Is This Elon's Worst Nightmare? - Ad

Could You Use Some Instant Cash Upfront? - Ad

[Revealed] Trump's Next AI Executive Orders? - Ad

FBI Director Kash Patel was asked about two stocks he bought earlier this year by a member of Congress on Wednesday and gave a surprising answer. The transactions come as members of Congress are working on legislation to ban lawmakers and cabinet members from buying and selling stocks.

Tucker Carlson Asks OpenAI CEO Sam Altman If He Ordered Employee's Murder

During an interview with OpenAI CEO Sam Altman, Tucker Carlson suggested Altman may have played a role in the death of former employee Suchir Balaji.

Jeff Brown: "I Warned You About Elon Musk..."

Jeff Brown: "I Warned You About Elon Musk..." - Ad

While everyone said Tesla was finished... On June 11, I predicted that we were on the cusp of one of the most shocking comebacks in Wall Street history. Sure enough, Tesla is now up 25% and recovered all 2025 losses. But this is just the beginning of Elon's $25 trillion breakthrough.

Graphic video of Kirk shooting was everywhere online, showing how media gatekeeper role has changed

They were careful with the explicit imagery — as usual. But did it make any difference?

Shortage of homebuyers forces many sellers to lower prices or walk away as sales slump drags on

LOS ANGELES (AP) — Skyrocketing housing values and a shortage of homes on the market gave homeowners the upper hand for years when it came time to sell. That’s no longer a given.

TikTok + Touchdowns = Momentum

TikTok + Touchdowns = Momentum - Ad

NIL deals and social media clout are now driving merch sales into the billions. One Nasdaq disruptor is first to align with a football dynasty and a commerce giant.

Trump Forewarns Of Massive Debt If Supreme Court Reverses Tariffs: 'We Would Have Give Back Trillions And Trillions Of Dollars'

President Donald Trump has issued a warning that the United States could be burdened with an enormous debt, amounting to "trillions and trillions of dollars" if his tariffs are nullified by the Supreme Court.

AP Exclusive: Russia, Vietnam using energy profits to avoid possible US sanctions for arms deals

BANGKOK (AP) — Russia and Vietnam have developed a back-door method of concealing arms deal payments to avoid American and other Western sanctions, using the profits from joint oil and gas ventures to pay off defense contracts without any open transfers of cash through the global banking system, according to internal Vietnamese documents obtained by The Associated Press.

Elon's $25 Trillion Confession

Elon's $25 Trillion Confession - Ad

Elon Musk: "Tesla will become a $25 trillion company." That would make Tesla 8x bigger than Apple today. How is that possible? He admits it's all thanks to this one AI breakthrough that will take AI out of our computer screens and manifest a 250x boom here in the real world.

Anger over corruption and nepotism fuel Nepal’s deadly protests over social media ban

KATHMANDU, Nepal (AP) — government responded to escalating violent protests over a ban on popular social media platforms with deadly force. The public outrage over the ban and the deaths of 19 protesters on Monday led to the and exposed deep discontent over corruption.

AI Vs. Hollywood Battle Heats Up: OpenAI Financing AI-Made Animated Film To Show Lower Costs, Faster Timeline

A battle of AI versus traditional Hollywood could heat up in 2026 with an animated film ready to flip the script.

The Tesla Shock Nobody Sees Coming

The Tesla Shock Nobody Sees Coming - Ad

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as October 23rd.

Von der Leyen proposes bolder EU sanctions against Israel over the war in Gaza

ANTWERP, Belgium (AP) — European Commission President Ursula von der Leyen broke Wednesday with her pro-Israel stance and announced plans to seek sanctions and a partial trade suspension against Israel over .

Musk's SpaceX spends $17 billion to acquire spectrum licenses from EchoStar

Elon Musk’s SpaceX has reached a deal worth about $17 billion with EchoStar for spectrum licenses that it will use to beef up its Starlink satellite network.

We've Seen This Before... and It Didn't End Well

We've Seen This Before... and It Didn't End Well - Ad

Strange events are unfolding in the global financial system. A monetary reset dubbed the "Mar-a-Lago Accord" is quietly in motion, and the financial elite are already taking protective action. If history is any guide, you could lose up to 40% of your wealth in the next two years. Move your money before it's too late.

Skye Bioscience Advances Position In Competitive Obesity Market With Promising Data

Skye Bioscience's latest data show nimacimab boosted tirzepatide's weight loss effects and reduced obesity treatment rebound risk.

Mark Cuban Once Dubbed Dogecoin 'Real Money,' While Kevin O'Leary Brushed It Off As 'Gambling' — Whose Advice Would Have Netted You More Profit

Mark Cuban and Kevin O’Leary, both prominent panelists on the reality TV show "Shark Tank," have been close friends for a long time, yet their opinions on the meme cryptocurrency Dogecoin (CRYPTO: DOGE) have yet to align.

Fanatics Hit $31B. This Nasdaq Company Is Building the Next Wave

Fanatics Hit $31B. This Nasdaq Company Is Building the Next Wave - Ad

Fanatics built a merch empire by owning the fan experience. But a $50M Nasdaq disruptor is updating their strategy for the social media generation. and they just locked in a game-changing college deal. Could this be retail's next big run?

AppLovin Sees Stronger Non-Gaming Momentum As Expansion Accelerates

AppLovin (APP) is expanding beyond gaming, with strong non-gaming revenue growth driven by international expansion, referral program, and seasonal ad spend.

China's export growth slows in August amid trade tensions with US

BEIJING (AP) — grew last month but at a slower pace than in recent months, the country's customs agency said Monday.

Alabama Just Took Equity in a Retail Underdog

Alabama Just Took Equity in a Retail Underdog - Ad

The Univ. of Alabama Athletics program is backing a tiny Nasdaq company-one that's rewriting the playbook. The last retail underdog to move like this? Fanatics and their $31B valuation.

Elon Musk's Grim Warning At UK Far-Right Rally Sparks Controversy: 'Violence Is Coming, Fight Back, or Die'

Elon Musk has issued a stark warning at a far-right rally in the UK, forecasting an impending wave of violence.

South Korean workers released after days of detention in Georgia return home

INCHEON, South Korea (AP) — A plane carrying more than 300 South Korean workers after days of detention in Georgia landed in South Korea on Friday.

Is This Elon's Worst Nightmare?

Is This Elon's Worst Nightmare? - Ad

Elon's empire looks doomed - crashing sales, lost tax credits, and media backlash. But behind the scenes, Tesla is about to unleash a breakthrough Forbes calls a "multi-trillion-dollar opportunity." It's not the end - it's the start of a 25,000% AI comeback.

It's 'do or die' for electric vehicle maker Rivian as it breaks ground on a $5 billion plant

ATLANTA (AP) — It seems like a terrible time to build an electric vehicle plant in the United States, but Rivian Automotive leaders say they're confident as the company starts on a $5 billion facility in Georgia.

Republican leaders reject Democratic health care demands for bill to avoid shutdown

WASHINGTON (AP) — Republican leaders in the House and Senate said Wednesday that they will reject for an immediate , challenging Democrats to vote against a stopgap spending bill that doesn't include them but will keep the government open at the end of the month.

Could You Use Some Instant Cash Upfront?

Could You Use Some Instant Cash Upfront? - Ad

Millionaire trader Jeff Clark's #1 income strategy gives you the chance to collect instant cash payouts, as much as $100 to $1,000 upfront! The great part is you can collect these upfront cash payouts without owning a single stock.... Jeff's put all the details in a special briefing titled Infinite Income Manifesto.

Neighbors help neighbors with resources like clothing swaps, community fridges

When Cassie Ridgway held her first clothing swap in Portland, Oregon, 14 years ago, she had a few goals: keep , help people find free fashion treasures and .

Vince Stock Flies After Q2 Earnings: Here's What To Know

Vince shares soar on heavy volume after the company reported better-than-expected Q2 results.

[Revealed] Trump's Next AI Executive Orders?

[Revealed] Trump's Next AI Executive Orders? - Ad

A White House insider with direct ties to Trump's inner circle just revealed what he calls "Manhattan II" - a potential $2.2 trillion AI initiative set to launch as soon as Oct 15. He says this could mirror past U.S. projects that minted fortunes - with small firms soaring 5,000% to 10,000% over two decades. And now he's giving away his #1 stock pick for free before the deadline.

Bitcoin, Dogecoin, Solana Gain; Ethereum Steady: Analyst Says BTC's Breakout Past This Level Could Be A 'Massive Trigger'

Leading cryptocurrencies traded higher on Sunday, as investors braced for a week marked by key inflation data.

Lululemon Athletica Stock Closes Near Day's High After Key Trading Signal

Lululemon Athletica stock flashed a key trading signal- a power inflow alert - at a price of $163.49, after which LULU rose up to 3%.

Jeff Brown: "I Warned You About Elon Musk..."

Jeff Brown: "I Warned You About Elon Musk..." - Ad

Donald Trump Declares Harsh Media Coverage of Him 'No Longer Free Speech' But 'Illegal'

President Donald Trump has labeled negative media coverage of him as "illegal."

US household income rose slightly last year, roughly matching 2019 peak

WASHINGTON (AP) — The income for the typical U.S. household barely rose last year and essentially matched its 2019 peak, the Census Bureau said Tuesday, as stubbornly high inflation offset wage gains.

TikTok + Touchdowns = Momentum

TikTok + Touchdowns = Momentum - Ad

NIL deals and social media clout are now driving merch sales into the billions. One Nasdaq disruptor is first to align with a football dynasty and a commerce giant.

Redwire Expands With New Space Defense Facility In Albuquerque

Redwire Corp (RDW) shares rose after announcing the opening of a 15,000 sq ft facility in Albuquerque to accelerate development of space-based defense systems.

Trump Says Russian Drone Incursion Into Poland Possibly An Error: 'Could Have Been A Mistake'

Trump downplays Russian drones entering Polish airspace, implying it was unintentional. European leaders fear it was deliberate while NATO responds.

Elon's $25 Trillion Confession

Elon's $25 Trillion Confession - Ad

Elon Musk's $1 Trillion Pay Package Is 'A Little Bit Weird' To Compare Monetarily, Says Tesla Board Chair: It's About 'Voting Influence'

Tesla's board chair, Robyn Denholm, defended Elon Musk's $1 trillion compensation package, emphasizing its potential to drive unique performance despite recent sales struggles.

Trending Now