Zacks Research Has Negative Outlook for Lennar Q1 Earnings

Lennar Corporation (NYSE:LEN - Free Report) - Stock analysts at Zacks Research dropped their Q1 2026 earnings per share estimates for shares of Lennar in a research report issued to clients and investors on Monday, July 7th. Zacks Research analyst R. Department now anticipates that the construction company will earn $1.71 per share for the quarter, down from their prior estimate of $1.94. The consensus estimate for Lennar's current full-year earnings is $12.48 per share. Zacks Research also issued estimates for Lennar's Q4 2026 earnings at $3.80 EPS and Q1 2027 earnings at $1.94 EPS.

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

Other equities analysts have also issued research reports about the company. Bank of America cut their price target on Lennar from $110.00 to $105.00 and set a "neutral" rating on the stock in a research note on Wednesday, June 18th. Evercore ISI cut their price target on Lennar from $131.00 to $114.00 and set an "in-line" rating on the stock in a research note on Wednesday, June 18th. Keefe, Bruyette & Woods cut their price target on Lennar from $128.00 to $114.00 and set a "market perform" rating on the stock in a research note on Friday, June 20th. Zelman & Associates lowered Lennar from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, June 18th. Finally, Wells Fargo & Company dropped their price objective on Lennar from $120.00 to $110.00 and set an "equal weight" rating on the stock in a research report on Wednesday, April 9th. One analyst has rated the stock with a sell rating, fourteen have issued a hold rating, two have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $128.85.

Lennar Trading Up 2.3%

LEN stock traded up $2.67 during midday trading on Wednesday, reaching $118.03. The company's stock had a trading volume of 1,568,898 shares, compared to its average volume of 2,727,125. The firm has a market capitalization of $31.13 billion, a price-to-earnings ratio of 9.77, a PEG ratio of 4.78 and a beta of 1.33. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.49 and a current ratio of 3.65. Lennar has a 1 year low of $98.42 and a 1 year high of $187.61. The stock has a fifty day simple moving average of $109.11 and a two-hundred day simple moving average of $117.71.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Wealth Enhancement Advisory Services LLC raised its position in Lennar by 6.0% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 221,277 shares of the construction company's stock valued at $24,367,000 after acquiring an additional 12,514 shares in the last quarter. Swedbank AB raised its position in Lennar by 2.8% during the second quarter. Swedbank AB now owns 94,919 shares of the construction company's stock valued at $10,499,000 after acquiring an additional 2,617 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its position in Lennar by 1.4% during the second quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 27,518 shares of the construction company's stock valued at $3,044,000 after acquiring an additional 375 shares in the last quarter. Sapient Capital LLC increased its position in shares of Lennar by 114.9% in the second quarter. Sapient Capital LLC now owns 232,414 shares of the construction company's stock valued at $25,707,000 after buying an additional 124,273 shares in the last quarter. Finally, Pallas Capital Advisors LLC purchased a new stake in shares of Lennar in the second quarter valued at approximately $308,000. 81.10% of the stock is currently owned by hedge funds and other institutional investors.

Lennar Dividend Announcement

The business also recently declared 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 annualized dividend and a yield of 1.69%. The ex-dividend date is Thursday, July 3rd. Lennar's dividend payout ratio is currently 16.54%.

Lennar Company Profile

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.