Lennar's Trading Volume Drops 38% Despite Strong Sales

On June 20, 2025, Lennar (LEN) closed with a trading volume of $311 million, marking a 38.14% decrease from the previous day. The stock price rose by 2.90%.

Lennar reported better-than-expected revenue in the second quarter of 2025, but sales decreased by 4.4% year over year to $8.38 billion. The company expects its margin to be around 18%, depending on market conditions, and anticipates selling between 22,000 and 23,000 homes.

Lennar Corporation declared a quarterly cash dividend of $0.50 per share for both Class A and Class B shares. The company delivered over 20,000 homes and sold 22,601 homes in the second quarter of 2025, demonstrating its resilience in the face of market challenges.

Lennar's normalized earnings per share for the fiscal second quarter of 2025 were $1.90, meeting expectations but falling short of some analysts' projections. The company's net earnings per diluted share were $1.81, down from $3.45 in the previous year.