What is Zacks Research's Estimate for Lennar Q1 Earnings?

Lennar Corporation (NYSE:LEN - Free Report) - Equities researchers at Zacks Research cut their Q1 2026 earnings per share estimates for Lennar in a research note issued to investors on Monday, July 7th. Zacks Research analyst R. Department now anticipates that the construction company will post earnings per share of $1.71 for the quarter, down from their previous 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 issued its quarterly earnings data on Monday, June 16th. The construction company reported $1.90 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.94 by ($0.04). The business had revenue of $8.38 billion for the quarter, compared to analysts' expectations of $8.21 billion. Lennar had a net margin of 9.20% and a return on equity of 12.73%. The business's quarterly revenue was down 4.4% compared to the same quarter last year. During the same period in the previous year, the business earned $3.45 earnings per share.

LEN has been the subject of a number of other reports. The Goldman Sachs Group reduced their target price on shares of Lennar from $141.00 to $120.00 and set a "neutral" rating for the company in a report on Tuesday, March 25th. Wall Street Zen downgraded shares of Lennar from a "hold" rating to a "sell" rating in a report on Saturday, June 21st. Zelman & Associates downgraded Lennar from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, June 18th. UBS Group reduced their price target on Lennar from $164.00 to $146.00 and set a "buy" rating on the stock in a research report on Wednesday, June 18th. Finally, Wedbush reaffirmed a "neutral" rating and set a $130.00 price target on shares of Lennar in a research report on Wednesday, June 18th. One analyst has rated the stock with a sell rating, fourteen have given a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Lennar currently has a consensus rating of "Hold" and a consensus price target of $128.85.

Lennar Stock Up 1.0%

NYSE:LEN traded up $1.12 during trading hours on Wednesday, reaching $116.48. The company's stock had a trading volume of 4,238,474 shares, compared to its average volume of 2,739,493. The company has a market capitalization of $30.73 billion, a P/E ratio of 9.63, a price-to-earnings-growth ratio of 4.89 and a beta of 1.33. Lennar has a 12 month low of $98.42 and a 12 month high of $187.61. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.49 and a current ratio of 3.65. The stock has a 50 day moving average price of $109.27 and a two-hundred day moving average price of $117.56.

Lennar Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 18th. Investors of record on Thursday, July 3rd will be issued a $0.50 dividend. The ex-dividend date is Thursday, July 3rd. This represents a $2.00 annualized dividend and a yield of 1.72%. Lennar's dividend payout ratio (DPR) is presently 16.54%.

Hedge Funds Weigh In On Lennar

Several hedge funds and other institutional investors have recently bought and sold shares of LEN. Hurley Capital LLC acquired a new stake in Lennar during the 4th quarter worth about $26,000. SBI Securities Co. Ltd. acquired a new stake in Lennar during the 4th quarter worth about $28,000. Ameriflex Group Inc. acquired a new stake in Lennar during the 4th quarter worth about $30,000. Opal Wealth Advisors LLC acquired a new stake in shares of Lennar during the 1st quarter worth approximately $30,000. Finally, NBC Securities Inc. acquired a new stake in shares of Lennar during the 1st quarter worth approximately $33,000. Institutional investors and hedge funds own 81.10% of the company's stock.

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.