Lennar (LEN) News Today

Lennar Corporation (NYSE: LEN) saw its stock decrease today as a string of analyst cuts and cautious market reports offset positive company actions.

• Declared a quarterly cash dividend of $0.50 per share, payable July 18 to holders of record on July 3, reinforcing shareholder returns.
• Teamed up with MACV to break ground on veteran townhomes in Eagan, highlighting community engagement and project pipeline.
• Wedbush, Zelman & Associates and Bank of America all maintained “neutral” ratings, signaling mixed analyst sentiment.
• UBS Group upheld its “buy” rating despite trimming its price target from $164 to $146, reflecting divided views on upside potential.
• Q2 2025 earnings call emphasized strategic measures to navigate market headwinds, with management discussing cost controls and land acquisition discipline.
• Wedbush cut its Q1 2026 EPS forecast from $1.85 to $1.65, raising concerns over near-term margin pressure.
• Evercore ISI, Royal Bank of Canada and Barclays slashed price targets to $114, $98 and $95 respectively, indicating reduced growth expectations.
• Bank of America lowered its target to $105, while analysts at multiple firms pointed to slowing home-price momentum.
• Reports highlighted plunging house prices at the country’s second-largest homebuilder and persistent buyer hesitancy, underscoring broader sector weakness.
• Zelman downgraded Lennar from “strong-buy” to “hold,” reflecting less bullish analyst outlook on housing demand.