Lennar Stock (LEN) Falls After Q4 2025 Earnings Miss: Analyst Downgrades, 2026 Guidance and Housing Market Signals (Dec. 19, 2025)
Lennar Corporation stock extended its post-earnings slide on Friday, December 19, closing at $106.65 after a bruising four-session stretch that followed the homebuilder’s fiscal Q4 report and softer-than-expected margin outlook. By Thursday’s close, the stock was already about 25% below its 52-week high, a gap that underscores how quickly sentiment can turn on homebuilders when incentives rise and margins fall. StockAnalysis+1 The timing matters. Lennar’s earnings landed in a housing market that’s showing early signs of stabilization—mortgage rates have eased into the low-6% range and existing-home sales just ticked higher—but affordability remains tight, and builders are still leaning heavily on