DHI

Berkshire Hathaway is increasing its stake in housing stocks, citing changes in Lennar's fundamentals as a reason for the move. The investment signals a continued focus on the real estate sector.

Keefe, Bruyette & Woods keeps its rating of D.R. Horton at Market Perform but has lowered its price target from $167 to $160. The change reflects a more cautious outlook on the company.

The first nine months of 2026 saw a sharp rise in the US stock market while bond yields hit record lows, creating a disconnect between the two markets.

Lennar (LEN) stock sits near $76, its 52-week low, after losing about 39% over the past year while the S&P 500 gained 17% with dividends reinvested. That is below its book value of roughly $91 a share at the end of fiscal Q3 2026, and the CEO says the stock is on sale. The easy read is a bargain.

Lennar (LEN) stock has lost about 41% over the past year, and on September 18 it closed at the bottom of its 52-week range. The bigger risk sits inside the business. Its plan to rebuild profit depends on selling homes at a steady pace, and its own numbers show that pace slipping.