Brokers Issue Forecasts for Lennar's Q1 Earnings (NYSE:LEN)

Lennar Co. (NYSE:LEN - Free Report) - Equities research analysts at Zacks Research cut their Q1 2025 earnings per share estimates for Lennar in a research note issued on Wednesday, January 8th. Zacks Research analyst R. Department now anticipates that the construction company will post earnings per share of $1.80 for the quarter, down from their previous forecast of $2.84. The consensus estimate for Lennar's current full-year earnings is $14.11 per share. Zacks Research also issued estimates for Lennar's Q2 2025 earnings at $2.72 EPS, Q3 2025 earnings at $3.78 EPS, Q4 2025 earnings at $4.05 EPS, FY2025 earnings at $12.35 EPS, Q1 2026 earnings at $2.54 EPS and FY2026 earnings at $15.96 EPS.

A number of other research firms also recently commented on LEN. Evercore ISI reduced their price objective on shares of Lennar from $240.00 to $236.00 and set an "outperform" rating for the company in a report on Monday, September 23rd. Bank Of America (Bofa) raised their price target on shares of Lennar from $171.00 to $190.00 and gave the stock a "neutral" rating in a research note on Friday, September 20th. JMP Securities upped their price objective on Lennar from $170.00 to $210.00 and gave the company a "market outperform" rating in a research note on Wednesday, September 25th. Wells Fargo & Company cut their target price on Lennar from $180.00 to $165.00 and set an "equal weight" rating for the company in a research report on Tuesday, December 17th. Finally, Barclays lowered their price target on Lennar from $181.00 to $135.00 and set an "equal weight" rating on the stock in a research report on Friday, December 20th. One analyst has rated the stock with a sell rating, fourteen have issued a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, Lennar presently has a consensus rating of "Hold" and a consensus target price of $171.50.

Lennar Stock Performance

LEN stock traded up $1.91 during midday trading on Monday, hitting $131.47. The stock had a trading volume of 2,992,308 shares, compared to its average volume of 2,766,895. The firm has a market capitalization of $35.66 billion, a price-to-earnings ratio of 8.71, a P/E/G ratio of 1.28 and a beta of 1.66. The company has a current ratio of 4.90, a quick ratio of 0.98 and a debt-to-equity ratio of 0.08. The stock has a 50-day simple moving average of $156.42 and a 200 day simple moving average of $167.80. Lennar has a 52 week low of $128.41 and a 52 week high of $193.80.

Lennar (NYSE:LEN - Get Free Report) last released its quarterly earnings results on Wednesday, December 18th. The construction company reported $4.03 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $4.15 by ($0.12). Lennar had a net margin of 11.51% and a return on equity of 15.47%. The firm had revenue of $9.95 billion for the quarter, compared to the consensus estimate of $10.06 billion. During the same quarter last year, the company earned $4.82 earnings per share. The firm's revenue was down 9.3% on a year-over-year basis.

Insider Activity

In other Lennar news, Director Jeffrey Sonnenfeld sold 17,500 shares of the company's stock in a transaction on Monday, October 28th. The stock was sold at an average price of $175.13, for a total transaction of $3,064,775.00. Following the transaction, the director now owns 23,689 shares of the company's stock, valued at approximately $4,148,654.57. This represents a 42.49 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 9.36% of the stock is owned by insiders.

Institutional Investors Weigh In On Lennar

A number of institutional investors and hedge funds have recently made changes to their positions in the company. D1 Capital Partners L.P. raised its holdings in Lennar by 428.9% during the 2nd quarter. D1 Capital Partners L.P. now owns 2,420,000 shares of the construction company's stock worth $362,685,000 after purchasing an additional 1,962,447 shares during the last quarter. Holocene Advisors LP bought a new stake in shares of Lennar during the third quarter worth approximately $115,229,000. Nordea Investment Management AB lifted its holdings in Lennar by 21.4% in the fourth quarter. Nordea Investment Management AB now owns 2,250,626 shares of the construction company's stock valued at $308,696,000 after buying an additional 397,492 shares during the period. Pacer Advisors Inc. boosted its stake in Lennar by 15.1% in the second quarter. Pacer Advisors Inc. now owns 3,021,856 shares of the construction company's stock valued at $452,886,000 after acquiring an additional 396,951 shares during the last quarter. Finally, KBC Group NV grew its holdings in Lennar by 258.3% during the 3rd quarter. KBC Group NV now owns 494,848 shares of the construction company's stock worth $92,774,000 after acquiring an additional 356,731 shares during the period. Institutional investors 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.