Wedbush Analysts Increase Earnings Estimates for Lennar

Key Points

• Wedbush Analysts have raised their Q1 2026 earnings per share estimate for Lennar to $1.70, forecasting an increase from the previous estimate of $1.65.
• Lennar's consensus current full-year earnings estimate is projected at $12.48 per share, with various other analysts providing mixed ratings and price targets.
• The company recently announced a quarterly dividend of $0.50 per share, reflecting a 1.5% yield and a dividend payout ratio of 16.54%.

Lennar Corporation (NYSE:LEN - Free Report) - Analysts at Wedbush increased their Q1 2026 earnings per share estimates for shares of Lennar in a report released on Tuesday, September 9th. Wedbush analyst J. Mccanless now anticipates that the construction company will earn $1.70 per share for the quarter, up from their previous estimate of $1.65. Wedbush currently has a "Neutral" rating and a $130.00 price target on the stock. The consensus estimate for Lennar's current full-year earnings is $12.48 per share. Wedbush also issued estimates for Lennar's Q2 2026 earnings at $2.21 EPS, Q3 2026 earnings at $2.65 EPS, Q4 2026 earnings at $3.18 EPS, FY2026 earnings at $9.72 EPS, Q1 2027 earnings at $1.80 EPS, Q2 2027 earnings at $2.40 EPS, Q3 2027 earnings at $2.88 EPS and FY2027 earnings at $10.50 EPS.

A number of other research analysts also recently commented on LEN. Keefe, Bruyette & Woods lowered their price objective on Lennar from $128.00 to $114.00 and set a "market perform" rating for the company in a research note on Friday, June 20th. JMP Securities lowered their price objective on Lennar from $150.00 to $130.00 and set a "market outperform" rating for the company in a research note on Friday, June 20th. Zelman & Associates downgraded Lennar from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, June 18th. Royal Bank Of Canada lowered their price objective on Lennar from $122.00 to $98.00 and set a "sector perform" rating for the company in a research note on Wednesday, June 18th. Finally, UBS Group lowered their price objective on Lennar from $164.00 to $146.00 and set a "buy" rating for the company in a research note on Wednesday, June 18th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and fifteen have assigned a Hold rating to the company's stock. According to MarketBeat, Lennar currently has a consensus rating of "Hold" and a consensus price target of $130.77.

Lennar Price Performance

Shares of LEN opened at $136.75 on Thursday. The company has a market cap of $35.42 billion, a P/E ratio of 11.31, a PEG ratio of 5.83 and a beta of 1.33. The stock has a fifty day moving average price of $122.94 and a 200 day moving average price of $115.37. The company has a debt-to-equity ratio of 0.12, a current ratio of 3.65 and a quick ratio of 0.49. Lennar has a 12 month low of $98.42 and a 12 month high of $193.80.

Lennar (NYSE:LEN - Get Free Report) last posted 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). The firm had revenue of $8.38 billion for the quarter, compared to analyst estimates of $8.21 billion. Lennar had a net margin of 9.20% and a return on equity of 12.73%. The business's revenue was down 4.4% on a year-over-year basis. During the same period in the prior year, the company posted $3.45 earnings per share.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Ameriflex Group Inc. bought a new position in Lennar during the fourth quarter valued at about $30,000. Opal Wealth Advisors LLC bought a new position in Lennar during the first quarter valued at about $30,000. NBC Securities Inc. purchased a new stake in shares of Lennar during the first quarter valued at $33,000. FNY Investment Advisers LLC purchased a new stake in shares of Lennar during the second quarter valued at $33,000. Finally, Franchise Capital Ltd purchased a new stake in shares of Lennar during the first quarter valued at $38,000. Institutional investors own 81.10% of the company's stock.

Lennar Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, July 18th. Investors of record on Thursday, July 3rd were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Thursday, July 3rd. This represents a $2.00 annualized dividend and a yield of 1.5%. Lennar's dividend payout ratio (DPR) is currently 16.54%.

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.

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