Seaport Res Ptn Issues Negative Estimate for Lennar Earnings

Lennar Co. (NYSE:LEN - Free Report) - Stock analysts at Seaport Res Ptn dropped their Q2 2025 earnings per share (EPS) estimates for Lennar in a research report issued on Monday, March 24th. Seaport Res Ptn analyst K. Zener now expects that the construction company will post earnings of $2.00 per share for the quarter, down from their previous estimate of $2.56. Seaport Res Ptn currently has a "Strong-Buy" rating on the stock. The consensus estimate for Lennar's current full-year earnings is $12.48 per share. Seaport Res Ptn also issued estimates for Lennar's Q3 2025 earnings at $3.16 EPS, Q4 2025 earnings at $3.07 EPS, FY2025 earnings at $10.39 EPS and FY2026 earnings at $10.60 EPS.

A number of other brokerages have also recently weighed in on LEN. The Goldman Sachs Group decreased their price objective on Lennar from $141.00 to $120.00 and set a "neutral" rating on the stock in a report on Tuesday, March 25th. StockNews.com lowered shares of Lennar from a "hold" rating to a "sell" rating in a report on Saturday. BTIG Research lowered shares of Lennar from a "buy" rating to a "neutral" rating in a report on Friday, December 20th. Bank of America lowered their price objective on Lennar from $140.00 to $130.00 and set a "neutral" rating for the company in a research report on Tuesday, March 18th. Finally, Citigroup decreased their target price on shares of Lennar from $196.00 to $150.00 and set a "neutral" rating on the stock in a research note on Monday, January 6th. One investment analyst has rated the stock with a sell rating, fourteen have given a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Lennar has an average rating of "Hold" and an average target price of $151.07.

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Lennar Price Performance

LEN traded down $0.46 during trading on Thursday, reaching $113.47. The stock had a trading volume of 713,086 shares, compared to its average volume of 3,330,914. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.06 and a current ratio of 4.71. The business has a 50-day moving average of $124.05 and a 200-day moving average of $150.94. Lennar has a one year low of $111.26 and a one year high of $193.80. The stock has a market cap of $30.13 billion, a PE ratio of 7.92, a PEG ratio of 1.24 and a beta of 1.69.

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

Institutional Investors Weigh In On Lennar

Several hedge funds have recently bought and sold shares of the business. The Manufacturers Life Insurance Company lifted its holdings in shares of Lennar by 3.6% during the fourth quarter. The Manufacturers Life Insurance Company now owns 6,116,558 shares of the construction company's stock valued at $834,115,000 after purchasing an additional 213,003 shares during the last quarter. Pacer Advisors Inc. boosted its holdings in Lennar by 22.0% in the fourth quarter. Pacer Advisors Inc. now owns 3,271,319 shares of the construction company's stock worth $446,110,000 after acquiring an additional 589,553 shares in the last quarter. Wellington Management Group LLP grew its stake in shares of Lennar by 18.9% in the fourth quarter. Wellington Management Group LLP now owns 3,239,488 shares of the construction company's stock worth $441,769,000 after acquiring an additional 515,378 shares during the last quarter. Nordea Investment Management AB increased its holdings in shares of Lennar by 21.4% during 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 acquiring an additional 397,492 shares in the last quarter. Finally, Castlekeep Investment Advisors LLC bought a new position in Lennar in the 4th quarter worth about $218,533,000. Institutional investors own 81.10% of the company's stock.

Lennar Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 12th. Stockholders of record on Wednesday, January 29th were given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.76%. The ex-dividend date was Wednesday, January 29th. Lennar's dividend payout ratio is presently 14.57%.

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.