Research Analysts Set Expectations for Lennar Q3 Earnings

Lennar Corporation (NYSE:LEN - Free Report) - Zacks Research lowered their Q3 2025 EPS estimates for Lennar in a report issued on Monday, July 7th. Zacks Research analyst R. Department now expects that the construction company will post earnings of $2.27 per share for the quarter, down from their previous forecast of $3.02. 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 $3.33 EPS, FY2025 earnings at $9.64 EPS, Q2 2026 earnings at $1.85 EPS, Q3 2026 earnings at $3.00 EPS, FY2026 earnings at $10.36 EPS, Q2 2027 earnings at $2.13 EPS and FY2027 earnings at $11.32 EPS.

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

Several other brokerages also recently commented on LEN. Wall Street Zen downgraded shares of Lennar from a "hold" rating to a "sell" rating in a research note on Saturday, June 21st. Barclays cut their price target on shares of Lennar from $110.00 to $95.00 and set an "equal weight" rating on the stock in a report on Wednesday, June 18th. Zelman & Associates cut shares of Lennar from a "strong-buy" rating to a "hold" rating in a report on Wednesday, June 18th. JMP Securities cut 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. Finally, Evercore ISI cut their price target on shares of Lennar from $131.00 to $114.00 and set an "in-line" rating on the stock in a report on Wednesday, June 18th. One equities research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $128.85.

Lennar Trading Down 2.1%

Shares of NYSE LEN traded down $2.40 during mid-day trading on Thursday, hitting $114.04. The stock had a trading volume of 2,643,984 shares, compared to its average volume of 2,733,485. 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 business has a 50 day moving average price of $109.35 and a two-hundred day moving average price of $117.39. The firm has a market cap of $30.08 billion, a P/E ratio of 9.43, a price-to-earnings-growth ratio of 4.94 and a beta of 1.33.

Institutional Trading of Lennar

A number of hedge funds have recently modified their holdings of the business. The Manufacturers Life Insurance Company boosted its stake in Lennar by 45.4% in the 1st quarter. The Manufacturers Life Insurance Company now owns 8,894,125 shares of the construction company's stock worth $1,020,866,000 after purchasing an additional 2,777,567 shares in the last quarter. The Manufacturers Life Insurance Company increased its position 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 valued at $834,115,000 after purchasing an additional 213,003 shares during the last quarter. Kingstone Capital Partners Texas LLC purchased a new stake in shares of Lennar during the 2nd quarter valued at about $424,950,000. Wellington Management Group LLP increased its position in shares of Lennar by 18.9% during the 4th quarter. Wellington Management Group LLP now owns 3,239,488 shares of the construction company's stock valued at $441,769,000 after purchasing an additional 515,378 shares during the last quarter. Finally, Brave Warrior Advisors LLC increased its position in shares of Lennar by 23.4% during the 1st quarter. Brave Warrior Advisors LLC now owns 2,189,608 shares of the construction company's stock valued at $251,323,000 after purchasing an additional 415,218 shares during the last quarter. Institutional investors own 81.10% of the company's stock.

Lennar Announces Dividend

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