Zacks Research Has Negative Forecast for Lennar Q3 Earnings

Lennar Corporation (NYSE:LEN - Free Report) - Equities researchers at Zacks Research reduced their Q3 2025 earnings per share (EPS) estimates for Lennar in a note issued to investors on Monday, July 7th. Zacks Research analyst R. Department now anticipates that the construction company will earn $2.27 per share for the quarter, down from their previous estimate 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 announced its quarterly earnings results 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). 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 the consensus estimate of $8.21 billion. During the same quarter in the previous year, the company posted $3.45 EPS. The firm's revenue was down 4.4% on a year-over-year basis.

A number of other research analysts have also weighed in on LEN. Wall Street Zen lowered Lennar from a "hold" rating to a "sell" rating in a report on Saturday, June 21st. Evercore ISI dropped their target price on Lennar from $131.00 to $114.00 and set an "in-line" rating on the stock in a report on Wednesday, June 18th. The Goldman Sachs Group decreased their price target on Lennar from $141.00 to $120.00 and set a "neutral" rating for the company in a research report on Tuesday, March 25th. Barclays decreased their price target on Lennar from $110.00 to $95.00 and set an "equal weight" rating for the company in a research report on Wednesday, June 18th. Finally, Royal Bank Of Canada decreased their price target on Lennar from $122.00 to $98.00 and set a "sector perform" rating for the company in a research report on Wednesday, June 18th. One equities research analyst has rated the stock with a sell rating, fourteen have given a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $128.85.

Lennar Stock Down 1.5%

Shares of LEN stock traded down $1.76 during trading hours on Thursday, reaching $114.68. The company had a trading volume of 1,472,821 shares, compared to its average volume of 2,734,745. 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 current ratio of 3.65 and a quick ratio of 0.49. The business has a fifty day simple moving average of $109.27 and a 200-day simple moving average of $117.56. The company has a market cap of $30.25 billion, a price-to-earnings ratio of 9.50, a price-to-earnings-growth ratio of 4.89 and a beta of 1.33.

Lennar Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, July 18th. Stockholders of record on Thursday, July 3rd will be given a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 1.74%. The ex-dividend date is Thursday, July 3rd. Lennar's dividend payout ratio (DPR) is presently 16.54%.

Hedge Funds Weigh In On Lennar

Hedge funds have recently made changes to their positions in the stock. The Manufacturers Life Insurance Company boosted its stake 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 valued at $1,020,866,000 after buying an additional 2,777,567 shares during the period. The Manufacturers Life Insurance Company boosted its stake in Lennar by 3.6% during the fourth quarter. The Manufacturers Life Insurance Company now owns 6,116,558 shares of the construction company's stock valued at $834,115,000 after buying an additional 213,003 shares during the period. Kingstone Capital Partners Texas LLC bought a new stake in Lennar during the second quarter valued at $424,950,000. Wellington Management Group LLP boosted its stake in Lennar by 18.9% during the fourth quarter. Wellington Management Group LLP now owns 3,239,488 shares of the construction company's stock valued at $441,769,000 after buying 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 valued at $251,323,000 after buying an additional 415,218 shares during the period. 81.10% of the stock is currently owned by hedge funds and other institutional investors.

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.