Zacks Research Brokers Raise Earnings Estimates for Lennar

Lennar Co. (NYSE:LEN - Free Report) - Stock analysts at Zacks Research increased their Q2 2026 earnings per share (EPS) estimates for shares of Lennar in a report issued on Tuesday, June 10th. Zacks Research analyst R. Department now forecasts that the construction company will post earnings per share of $2.05 for the quarter, up from their prior forecast of $2.04. The consensus estimate for Lennar's current full-year earnings is $12.48 per share.

A number of other equities analysts have also weighed in on the stock. The Goldman Sachs Group dropped their target price on shares of Lennar from $141.00 to $120.00 and set a "neutral" rating for the company in a research report on Tuesday, March 25th. Bank of America reduced their target price on Lennar from $140.00 to $130.00 and set a "neutral" rating on the stock in a report on Tuesday, March 18th. Wedbush reissued a "neutral" rating and set a $158.00 price target on shares of Lennar in a research note on Monday, March 17th. Wells Fargo & Company reduced their price objective on Lennar from $120.00 to $110.00 and set an "equal weight" rating on the stock in a research note on Wednesday, April 9th. Finally, Evercore ISI reissued an "in-line" rating and issued a $131.00 target price (down from $159.00) on shares of Lennar in a report on Monday, March 24th. Fifteen equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, Lennar presently has a consensus rating of "Hold" and a consensus price target of $150.07.

Lennar Stock Performance

Lennar stock traded down $3.63 during midday trading on Friday, hitting $108.52. The stock had a trading volume of 3,318,818 shares, compared to its average volume of 2,648,223. The company has a current ratio of 4.71, a quick ratio of 1.06 and a debt-to-equity ratio of 0.08. Lennar has a 52-week low of $98.42 and a 52-week high of $187.61. The company has a market capitalization of $28.63 billion, a PE ratio of 7.57, a P/E/G ratio of 1.24 and a beta of 1.33. The firm's fifty day moving average is $107.74 and its two-hundred day moving average is $124.43.

Lennar (NYSE:LEN - Get Free Report) last released its quarterly earnings data on Thursday, March 20th. The construction company reported $2.14 EPS for the quarter, beating the consensus estimate of $1.70 by $0.44. The company had revenue of $7.63 billion for the quarter, compared to analysts' expectations of $7.44 billion. Lennar had a return on equity of 13.93% and a net margin of 11.10%. Lennar's revenue was up 4.4% compared to the same quarter last year. During the same period last year, the firm posted $2.57 earnings per share.

Lennar Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, May 7th. Stockholders of record on Wednesday, April 23rd were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 1.84%. The ex-dividend date of this dividend was Wednesday, April 23rd. Lennar's dividend payout ratio (DPR) is presently 14.57%.

Hedge Funds Weigh In On Lennar

A number of large investors have recently bought and sold shares of the company. Howard Capital Management Inc. raised its position in Lennar by 0.3% in the fourth quarter. Howard Capital Management Inc. now owns 28,836 shares of the construction company's stock worth $3,932,000 after acquiring an additional 81 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. increased its holdings in shares of Lennar by 1.2% in the 1st quarter. Tokio Marine Asset Management Co. Ltd. now owns 7,719 shares of the construction company's stock valued at $886,000 after purchasing an additional 89 shares in the last quarter. NorthRock Partners LLC lifted its stake in shares of Lennar by 1.4% in the first quarter. NorthRock Partners LLC now owns 6,509 shares of the construction company's stock valued at $747,000 after purchasing an additional 93 shares during the period. Valeo Financial Advisors LLC boosted its holdings in Lennar by 1.1% during the first quarter. Valeo Financial Advisors LLC now owns 8,841 shares of the construction company's stock worth $1,015,000 after buying an additional 95 shares in the last quarter. Finally, Lake Street Advisors Group LLC grew its position in Lennar by 3.1% during the fourth quarter. Lake Street Advisors Group LLC now owns 3,201 shares of the construction company's stock worth $436,000 after buying an additional 96 shares during the period. Hedge funds and other 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.