Discrete breathers (nonlinear localized modes) have been shown to exist in various nonlinear Hamiltonian lattice systems. This paper is devoted to the investigation of a classical d-dimensional ferromagnetic lattice with easy plane anisotropy. Its dynamics is described via the Heisenberg model. Discrete breathers exist in such a model and represent excitations with locally tilted magnetization. They possess energy thresholds and have no analogs in the continuum limit. We are going to review the previous results on such solutions and also to report new results. Among the new results we show the existence of a big variety of these breather solutions, depending on the respective orientation of the tilted spins. Floquet stability analysis has been used to classify the stable solutions depending on their spatial structure, their frequency, and other system parameters, such as exchange interaction and local (single-ion) anisotropy. ©2003 American Institute of Physics.