Research Analysts Set Expectations for Lennar Q3 Earnings

Lennar Corporation (NYSE:LEN - Free Report) - Equities research analysts at Zacks Research lowered their Q3 2025 earnings estimates for shares of Lennar in a report released on Monday, July 7th. Zacks Research analyst R. Department now forecasts that the construction company will post earnings of $2.27 per share for the quarter, down from their prior 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 released its quarterly 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). 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%. Lennar's revenue for the quarter was down 4.4% compared to the same quarter last year. During the same period in the previous year, the company earned $3.45 EPS.

Several other equities analysts have also commented on LEN. The Goldman Sachs Group cut their price target on Lennar from $141.00 to $120.00 and set a "neutral" rating on the stock in a research note on Tuesday, March 25th. Royal Bank Of Canada lowered their price target on Lennar from $122.00 to $98.00 and set a "sector perform" rating for the company in a report on Wednesday, June 18th. Wedbush reaffirmed a "neutral" rating and set a $130.00 target price on shares of Lennar in a report on Wednesday, June 18th. Keefe, Bruyette & Woods decreased their target price on Lennar from $128.00 to $114.00 and set a "market perform" rating for the company in a report on Friday, June 20th. Finally, Bank of America decreased their target price on Lennar from $110.00 to $105.00 and set a "neutral" rating for the company 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 issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, Lennar has an average rating of "Hold" and an average target price of $128.85.

Lennar Stock Up 4.8%

NYSE LEN opened at $115.76 on Thursday. 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 company has a market capitalization of $30.54 billion, a P/E ratio of 9.57, a P/E/G ratio of 4.78 and a beta of 1.33. Lennar has a one year low of $98.42 and a one year high of $187.61. The stock has a 50 day moving average price of $109.11 and a 200-day moving average price of $117.71.

Institutional Investors Weigh In On Lennar

Several large investors have recently bought and sold shares of LEN. The Manufacturers Life Insurance Company increased its holdings in shares of 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 valued at $1,020,866,000 after acquiring an additional 2,777,567 shares during the last quarter. Castlekeep Investment Advisors LLC purchased a new position in Lennar during the 4th quarter worth approximately $218,533,000. Eminence Capital LP grew its stake in Lennar by 130.8% during the 1st quarter. Eminence Capital LP now owns 1,581,489 shares of the construction company's stock worth $181,523,000 after buying an additional 896,264 shares during the last quarter. Wellington Management Group LLP grew its stake in Lennar by 18.9% during the 4th quarter. Wellington Management Group LLP now owns 3,239,488 shares of the construction company's stock worth $441,769,000 after buying an additional 515,378 shares during the last quarter. Finally, Brave Warrior Advisors LLC grew its stake in Lennar by 23.4% during the 1st 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 during the last quarter. Hedge funds and other institutional investors own 81.10% of the company's stock.

Lennar Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 18th. Shareholders of record on Thursday, July 3rd will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Thursday, July 3rd. This represents a $2.00 dividend on an annualized basis and a yield of 1.73%. 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.

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