Wedbush Issues Optimistic Forecast for Lennar Earnings

Lennar Co. (NYSE:LEN - Free Report) - Stock analysts at Wedbush lifted their Q3 2025 earnings estimates for Lennar in a note issued to investors on Thursday, December 19th. Wedbush analyst J. Mccanless now expects that the construction company will post earnings of $4.17 per share for the quarter, up from their prior forecast of $4.09. Wedbush has a "Neutral" rating and a $164.00 price objective on the stock. The consensus estimate for Lennar's current full-year earnings is $14.11 per share. Wedbush also issued estimates for Lennar's Q4 2025 earnings at $5.01 EPS, Q3 2026 earnings at $4.56 EPS and Q4 2026 earnings at $5.59 EPS.

Several other research analysts also recently commented on the company. Royal Bank of Canada cut their target price on Lennar from $160.00 to $130.00 and set an "underperform" rating for the company in a research note on Friday. JPMorgan Chase & Co. reduced their price objective on shares of Lennar from $192.00 to $173.00 and set a "neutral" rating for the company in a research note on Friday, December 13th. Evercore ISI lowered their target price on shares of Lennar from $240.00 to $236.00 and set an "outperform" rating on the stock in a research note on Monday, September 23rd. Wells Fargo & Company reduced their price target on shares of 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, Keefe, Bruyette & Woods dropped their price objective on Lennar from $210.00 to $170.00 and set an "outperform" rating for the company in a research note on Friday. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $175.19.

Lennar Stock Performance

Shares of Lennar stock traded down $0.08 during trading hours on Monday, reaching $138.00. The company had a trading volume of 3,699,751 shares, compared to its average volume of 2,113,215. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.90 and a quick ratio of 0.98. Lennar has a one year low of $135.21 and a one year high of $193.80. The firm has a market cap of $37.43 billion, a PE ratio of 9.14, a price-to-earnings-growth ratio of 1.31 and a beta of 1.61. The business has a fifty day simple moving average of $168.98 and a 200 day simple moving average of $169.58.

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

Institutional Investors Weigh In On Lennar

Several institutional investors have recently added to or reduced their stakes in LEN. D1 Capital Partners L.P. boosted its holdings in shares of Lennar by 428.9% during the second 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 period. Holocene Advisors LP purchased a new stake in Lennar in the 3rd quarter worth approximately $115,229,000. Pacer Advisors Inc. grew its position in shares of Lennar by 15.1% in the 2nd quarter. Pacer Advisors Inc. now owns 3,021,856 shares of the construction company's stock worth $452,886,000 after buying an additional 396,951 shares during the last quarter. KBC Group NV raised its holdings in shares of Lennar by 258.3% during the third quarter. KBC Group NV now owns 494,848 shares of the construction company's stock valued at $92,774,000 after acquiring an additional 356,731 shares in the last quarter. Finally, Marshall Wace LLP lifted its stake in Lennar by 20.9% in the second quarter. Marshall Wace LLP now owns 2,015,641 shares of the construction company's stock worth $302,084,000 after acquiring an additional 348,553 shares during the period. Hedge funds and other institutional investors own 81.10% of the company's stock.

Insider Transactions at Lennar

In other news, Director Jeffrey Sonnenfeld sold 17,500 shares of the firm's stock in a transaction that occurred on Monday, October 28th. The shares were sold at an average price of $175.13, for a total value of $3,064,775.00. Following the transaction, the director now owns 23,689 shares in the company, valued at approximately $4,148,654.57. This trade represents a 42.49 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 9.36% of the company's stock.

Lennar Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 24th. Stockholders of record on Wednesday, October 9th were paid a dividend of $0.50 per share. The ex-dividend date was Wednesday, October 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.45%. Lennar's dividend payout ratio (DPR) is currently 13.95%.

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.