FY2025 Earnings Estimate for Lennar Issued By Zacks Research

Lennar Corporation (NYSE:LEN - Free Report) - Stock analysts at Zacks Research lowered their FY2025 EPS estimates for shares of Lennar in a report issued on Wednesday, July 9th. Zacks Research analyst R. Department now forecasts that the construction company will earn $9.59 per share for the year, down from their previous estimate of $9.64. The consensus estimate for Lennar's current full-year earnings is $12.48 per share. Zacks Research also issued estimates for Lennar's Q4 2025 earnings at $3.28 EPS, Q1 2026 earnings at $1.70 EPS, Q2 2026 earnings at $1.84 EPS, Q3 2026 earnings at $2.99 EPS, Q4 2026 earnings at $3.72 EPS, FY2026 earnings at $10.24 EPS, Q1 2027 earnings at $1.92 EPS, Q2 2027 earnings at $2.11 EPS and FY2027 earnings at $11.13 EPS.

Lennar (NYSE:LEN - Get Free Report) last released its earnings results on Monday, June 16th. The construction company reported $1.90 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.94 by ($0.04). Lennar had a net margin of 9.20% and a return on equity of 12.73%. The business had revenue of $8.38 billion during the quarter, compared to analysts' expectations of $8.21 billion. Lennar's revenue for the quarter was down 4.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.45 EPS.

LEN has been the topic of a number of other reports. Wedbush reaffirmed a "neutral" rating and set a $130.00 price objective on shares of Lennar in a research report on Wednesday, June 18th. JMP Securities lowered their price target on shares of Lennar from $150.00 to $130.00 and set a "market outperform" rating on the stock in a report on Friday, June 20th. UBS Group cut their price objective on Lennar from $164.00 to $146.00 and set a "buy" rating for the company in a report on Wednesday, June 18th. Barclays lowered their target price on Lennar from $110.00 to $95.00 and set an "equal weight" rating on the stock in a research note on Wednesday, June 18th. Finally, Bank of America lowered their price target on Lennar from $110.00 to $105.00 and set a "neutral" rating for the company in a research note on Wednesday, June 18th. One equities research analyst has rated the stock with a sell rating, fourteen have issued a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $128.85.

Lennar Stock Down 2.1%

NYSE:LEN traded down $2.40 on Friday, hitting $114.04. 2,643,984 shares of the company's stock traded hands, compared to its average volume of 2,733,485. The company has a market cap of $30.08 billion, a PE ratio of 9.43, a price-to-earnings-growth ratio of 4.94 and a beta of 1.33. Lennar has a 1 year low of $98.42 and a 1 year high of $187.61. The company has a current ratio of 3.65, a quick ratio of 0.49 and a debt-to-equity ratio of 0.12. The firm has a 50-day moving average price of $109.27 and a 200-day moving average price of $117.56.

Institutional Trading of Lennar

Several hedge funds and other institutional investors have recently bought and sold shares of LEN. The Manufacturers Life Insurance Company grew its position in Lennar by 45.4% during the first quarter. The Manufacturers Life Insurance Company now owns 8,894,125 shares of the construction company's stock worth $1,020,866,000 after buying an additional 2,777,567 shares in the last quarter. The Manufacturers Life Insurance Company grew its holdings in shares of Lennar by 3.6% during the 4th quarter. The Manufacturers Life Insurance Company now owns 6,116,558 shares of the construction company's stock worth $834,115,000 after purchasing an additional 213,003 shares in the last quarter. Kingstone Capital Partners Texas LLC bought a new stake in shares of Lennar during the second quarter valued at approximately $424,950,000. Wellington Management Group LLP lifted its position in Lennar by 18.9% in the fourth quarter. Wellington Management Group LLP now owns 3,239,488 shares of the construction company's stock worth $441,769,000 after purchasing an additional 515,378 shares during the period. Finally, Brave Warrior Advisors LLC boosted its stake in Lennar by 23.4% during the first quarter. Brave Warrior Advisors LLC now owns 2,189,608 shares of the construction company's stock worth $251,323,000 after buying an additional 415,218 shares in the last quarter. 81.10% of the stock is currently owned by institutional investors and hedge funds.

Lennar Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, July 18th. Investors of record on Thursday, July 3rd will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 1.75%. The ex-dividend date is Thursday, July 3rd. Lennar's dividend payout ratio (DPR) is currently 16.54%.

About Lennar

Lennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the United States. It operates through Homebuilding East, Homebuilding Central, Homebuilding Texas, Homebuilding West, Financial Services, Multifamily, and Lennar Other segments. The company's homebuilding operations include the construction and sale of single-family attached and detached homes, as well as the purchase, development, and sale of residential land; and development, construction, and management of multifamily rental properties.